Tue.Nov 07, 2023

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Why CRISPR Therapeutics Stock Crushed the Market Today

The Motley Fool

Leading gene therapy company CRISPR Therapeutics (NASDAQ: CRSP) had quite the memorable day on the market Tuesday. Following the release of encouraging quarterly results, bulls ran rampant on the stock, and it closed almost 14% higher. Meanwhile, the bellwether S&P 500 index could only muster a 0.3% bump today. A notably narrower net loss in CRISPR's third quarter CRISPR, which is a relatively early-stage company with sporadic revenue, did not record any take on the top line in its third qua

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HCI Equity Partners recaps automotive accessories provider Tri-State Enterprises

PE Hub

Tri-State was founded in 1977 and acquired by long-time employee Tristan Taylor in 2015. The post HCI Equity Partners recaps automotive accessories provider Tri-State Enterprises appeared first on PE Hub.

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Massive News for Tesla Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights the latest news from Tesla (NASDAQ: TSLA). Company management is offering smaller raises to employees compared to rival automakers. *Stock prices used were the afternoon prices of Nov. 5, 2023. The video was published on Nov. 7, 2023. Find out why Tesla is one of the 10 best stocks to buy now Our analyst team has spent more than a decade beating the market.

Investors 243
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MidOcean buys workplace safety training provider Smith System from LLCP

PE Hub

Robert W. Baird & Co. and Kirkland & Ellis LLP advised LLCP and Smith System in connection with the transaction. The post MidOcean buys workplace safety training provider Smith System from LLCP appeared first on PE Hub.

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loanDepot (LDI) Q3 2023 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. loanDepot (NYSE: LDI) Q3 2023 Earnings Call Nov 07, 2023 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon and welcome to loanDepot's third-quarter 2023 earnings call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.

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Ardian acquires $2.1bn PE portfolio from CPP Investments; Lincoln Road scoops up landscaping deals

PE Hub

Lincoln Road bets on landscaping services. The post Ardian acquires $2.1bn PE portfolio from CPP Investments; Lincoln Road scoops up landscaping deals appeared first on PE Hub.

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OMERS to buy 5% indirect stake in Maple Leaf Sports & Entertainment

PE Hub

MLSE owns the Toronto Maple Leafs, the Toronto Raptors, the Toronto Argonauts and other sports teams. The post OMERS to buy 5% indirect stake in Maple Leaf Sports & Entertainment appeared first on PE Hub.

Stakes 208
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BlackRock set to invest $550mn in Occidental direct air capture project

Financial Times: Moral Money

Move is a sign of support for the world’s largest venture deploying nascent climate technology

Investing 145
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Ardian scoops up $2.1bn portfolio from CPP Investments

PE Hub

The portfolio comprises 20 limited partnership interests, a majority of which are North American but also includes European buyout funds. The post Ardian scoops up $2.1bn portfolio from CPP Investments appeared first on PE Hub.

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Seeing Both Sides of the U.S. Economy

A Wealth of Common Sense

People have a hard time accepting competing ideas at the same time. Humans are averse to discomfort so when that happens our brains work really hard to reduce that feeling. Cognitive dissonance makes it difficult to see both sides of an argument. Everything is either good or bad with no middle ground. And so it is with the economy. Some people think the current economic environment stinks.

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Quantum Capital Group taps Altschuler as partner and client solutions co-head

PE Hub

In this role, he will drive capital formation initiatives as well as identify and implement long-term investor engagement, education and capital raising strategies across the firm. The post Quantum Capital Group taps Altschuler as partner and client solutions co-head appeared first on PE Hub.

Capital 205
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Why ThredUp Stock Plunged 36% Today

The Motley Fool

Shares of online retailer ThredUp (NASDAQ: TDUP) were down as much as 36.3% in trading on Tuesday after the company reported third-quarter financial results. Shares are down 33.7% for the day at 3:30 p.m. ET. ThredUp's earnings results Revenue rose 21% versus a year ago to $82 million but reported a net loss of $18.1 million, only a slight improvement from a loss of $23.7 million a year ago.

Investors 130
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Freshly capitalized Vertu snaps up ActiveState Software

PE Hub

ActiveState is a Vancouver-based software company that supports enterprise software developers in the creation and management of applications that use open-source programming languages. The post Freshly capitalized Vertu snaps up ActiveState Software appeared first on PE Hub.

Capital 205
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Why NextEra Partners Rallied Today

The Motley Fool

Shares of renewable energy yieldco NextEra Partners (NYSE: NEP) were up as much as 7.5% in Tuesday trading before settling into a 5.1% gain on the day. Over the course of the year, NextEra was hammered by rising interest rates, which precipitated the company's September announcement that it would lower its dividend growth in the future. After that, NextEra's stock plunged to levels that made equity sales to buy more renewable energy projects untenable.

Debt 130
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PE-backed United Land Services snaps up Benchmark landscaping and Georgia Scapes

PE Hub

United Land Services is a commercial and residential landscape services platform. The post PE-backed United Land Services snaps up Benchmark landscaping and Georgia Scapes appeared first on PE Hub.

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Why Matterport Stock Exploded After Earnings

The Motley Fool

Matterport (NASDAQ: MTTR) stock jumped an incredible 26% after earnings despite the company reporting another loss and tepid growth. But this quarter answered some critical questions about the company's trajectory and future. In this video, Travis Hoium breaks down the results and why Matterport is now a safer company to buy than it was just a few days ago.

Returns 130
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HarbourView Equity Partners to acquire certain publishing assets from country singer/songwriter Kane Brown

PE Hub

To date, Brown has earned five Country Music Television Awards, five American Music Awards and an Academy of Country Music Award. The post HarbourView Equity Partners to acquire certain publishing assets from country singer/songwriter Kane Brown appeared first on PE Hub.

Assets 202
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I Earn a 6-Figure Income. Here's Why It Didn't Count When We Were Refinancing Our Mortgage

The Motley Fool

Image source: Getty Images When my husband and I bought our home, we were able to lock in a fairly favorable mortgage rate. But when rates plunged in 2020, we decided to take advantage by refinancing our existing 30-year loan to a 15-year loan. Doing so raised our monthly mortgage payment a bit. But we were thinking long-term in the course of that decision, and we decided we were willing to increase our monthly mortgage payments to save a boatload on interest in the long run.

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Brentwood Associates and Sixth Street invest in Wingstop restaurant franchisee Far West

PE Hub

Far West’s existing management will remain significant shareholders in the business going forward. The post Brentwood Associates and Sixth Street invest in Wingstop restaurant franchisee Far West appeared first on PE Hub.

Investing 195
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Why Redfin Stock Lost 34% in October

The Motley Fool

Shares of Redfin (NASDAQ: RDFN) were moving in the wrong direction last month as the online real estate brokerage was pressured by rising interest rates, ongoing weakness in the housing market, and a verdict against the National Association of Realtors (NAR), finding that the lobbying group artificially inflated real estate commissions. The company also got a reprieve from a deal with Apollo Capital Management as the private equity company agreed to inject up to $250 million in financing into Re

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Lincoln Road scoops up two more landscaping services in the Sun Belt

PE Hub

Considered recession-resilient, lansdcaping services have attracted PE firms recently, including Audax, One Rock and Trinity Hunt, as well as Lincoln Road. The post Lincoln Road scoops up two more landscaping services in the Sun Belt appeared first on PE Hub.

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Why Bluebird Bio Stock Soared 7% Higher on Tuesday

The Motley Fool

Bluebird Bio (NASDAQ: BLUE) had quite a ride with their stock on Tuesday. Following the gene-editing specialist's release of its latest quarterly results, its shares climbed to a more than 7% gain on the day. That was more than good enough to beat the 0.3% uptick of the S&P 500 index. Bluebird edged past the consensus bottom-line estimate Before market open, Bluebird divulged it earned just under $12.4 million in its third quarter, well up from the $71,000 it booked in the same period of 202

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Littlejohn-backed Ardurra Group snaps up consulting and engineering firm AZ&B

PE Hub

Headquartered in Tampa, Florida, Ardurra is a consulting and engineering services provider. The post Littlejohn-backed Ardurra Group snaps up consulting and engineering firm AZ&B appeared first on PE Hub.

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Virgin Galactic Is Going Nowhere if It Doesn't Answer This Big Question

The Motley Fool

Virgin Galactic (NYSE: SPCE) has begun to complete monthly space flights, a sign of maturity for the company. But to get to any kind of positive cash flow, the company needs to build its next-generation spacecraft and scale operations to near-daily flights. In this video, Travis Hoium discusses what Virgin Galactic needs to show investors when it reports earnings; if a major question isn't answered, the stock could continue to slide.

Returns 130
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Monroe backs Wind Point’s buyout of Central Moloney

PE Hub

Monroe served as administrative agent and sole lead arranger on the financing. The post Monroe backs Wind Point’s buyout of Central Moloney appeared first on PE Hub.

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40% of Americans Are Currently Struggling to Cover Household Expenses. Here's What You Can Do

The Motley Fool

Image source: Getty Images If you worry about how you're going to pay your bills each month, you're not alone. The latest data from the U.S. Census Bureau Household Pulse Survey shows that 41% of people are in the same boat. The statistics reflect what many consumers already know: Interest rate hikes and inflation continue to bite. Savings rates are declining, credit card balances are increasing, and some Americans are falling behind with their payments.

Debt 130
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Gryphon-backed Vivify Specialty Ingredients acquires Access Ingredients

PE Hub

Vivify is a provider of specialty colorants, additives, and ingredients for the food & beverage, personal care & cosmetics, and industrial end markets. The post Gryphon-backed Vivify Specialty Ingredients acquires Access Ingredients appeared first on PE Hub.

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Why Sage Therapeutics Stock Sank Today

The Motley Fool

It wasn't a wise move for investors to hold or buy Sage Therapeutics (NASDAQ: SAGE) shares on Tuesday. Its price tumbled by nearly 5% as the market digested the healthcare company's third-quarter results. This was on a day when stocks were generally performing well -- the S&P 500 index landed in positive territory, with a 0.3% rise. Sage's third-quarter double miss For the quarter, Sage posted revenue that landed just shy of $2.72 million.

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Alphi Capital recaps Da-Lee Group in inaugural investment

PE Hub

Alphi partnered in the deal with the company's founding family, David Rogers and Lee-Ann Lochhead. The post Alphi Capital recaps Da-Lee Group in inaugural investment appeared first on PE Hub.

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Why Sonos Stock Wasn't Music to Investors' Ears Today

The Motley Fool

Audio equipment specialist Sonos (NASDAQ: SONO) wasn't producing sweet songs on Tuesday -- at least as far as its stock was concerned. The company's shares were dinged by almost 5% on the back of an analyst recommendation downgrade. That decline was in contrast to the performance of the S&P 500 index, which closed the day marginally (0.3%) higher.

Investors 130
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Falfurrias invests in intelligence community services provider Synergy ECP

PE Hub

Bruce Howard and other owners Dave Wisniewski and Chad Michael will continue to lead Synergy ECP. The post Falfurrias invests in intelligence community services provider Synergy ECP appeared first on PE Hub.

Investing 158
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A Bull Market Might Be Coming, but These 2 Stocks Aren't Along for the Ride Just Yet

The Motley Fool

The stock market once again gained ground on Tuesday, extending an impressive rally to begin the month of November. Again, the Nasdaq Composite (NASDAQINDEX: ^IXIC) led the way with gains of almost 1%, but the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) also managed to post modest increases on the day. Index Daily Percentage Change Daily Point Change Dow +0.17% +57 S&P 500 +0.28% +12 Nasdaq +0.90% +121 Data source: Yahoo!

Prospects 130
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Bernhard Capital-backed GHC acquires architecture firm Hahnfeld Hoffer Stanford

PE Hub

GHC is an architecture, engineering, and construction firm. The post Bernhard Capital-backed GHC acquires architecture firm Hahnfeld Hoffer Stanford appeared first on PE Hub.

Capital 155
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Private Equity Giant Starts a Vacation-Rental Side Hustle

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. A giant private equity firm is aiming for Superhost status in the short-term rental marketplace. TPG, a San Francisco-based investment firm that manages more than $200 billion in assets, has begun purchasing single-family homes in Florida tourist destinations with the sole purpose of renting them via sites like Airbnb, The