Thu.Sep 28, 2023

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2 Cheap Cannabis Stocks to Avoid in October

The Motley Fool

Cannabis stocks aren't exactly in vogue right now. All of the biggest public marijuana companies massively underperformed the market over the last 12 months, with nearly all of them losing a lot of their value, and there may not be relief in sight. For the bargain-hunting investor, now is the ideal time to be on the lookout. But not every bruised stock is a genuine opportunity, and many are likely to lose even more value, at least in the near term.

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Tailwater, Ares-backed Cureton Midstream sale process attracts strategic interest, sources say

PE Hub

Cureton Midstream could fetch between $200m and $400m in sale proceeds. The post Tailwater, Ares-backed Cureton Midstream sale process attracts strategic interest, sources say appeared first on PE Hub.

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The Anti-obesity Drug Market Is About to Get More Crowded

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. Obesity is an epidemic that affects more than 40% of all American adults, and it's creating a feeding frenzy for investors. With the rise of obesity-fighting medications from pharmaceutical companies Eli Lilly and Novo Nordisk, the weight loss drug market could be worth $100 billion in the next few years.

Investors 246
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Cureton Midstream, backed by Tailwater and Ares, in late-stage sale process; PAI bets you likes pets

PE Hub

Good morning, Hubsters. MK Flynn here with today’s Wire. My inbox is full of deal announcements this morning, and we’ve got a jam-packed newsletter for you! Before we get to the announced deals, we’ve got an exclusive to share about an upcoming deal. Michael Schoeck, who joined PE Hub earlier this month, spoke with sources […] The post Cureton Midstream, backed by Tailwater and Ares, in late-stage sale process; PAI bets you likes pets appeared first on PE Hub.

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Mastercard Wants to Make Biometrics More Accurate

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. Mastercard wants to bump up the resolution on your biometrics. The credit card company filed a patent application for a system for "normalizing biometrics image samples." This essentially allows users to authenticate or log in using biometrics on different devices without sacrificing the accuracy of the biometric.

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Gryphon Investors agrees to buy AirX Climate Solutions

PE Hub

ACS is a full-service, specialty HVAC service provider. The post Gryphon Investors agrees to buy AirX Climate Solutions appeared first on PE Hub.

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Battery acquires Skalar Analytical, PromoChrom Technologies, LCTech

PE Hub

Skalar will serve as the foundation for the new company. The post Battery acquires Skalar Analytical, PromoChrom Technologies, LCTech appeared first on PE Hub.

Companies 199
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Here's the Best "Magnificent Seven" Stock to Buy Right Now, According to Wall Street

The Motley Fool

The Magnificent Seven is a group of seven mega-cap stocks that collectively account for more than one-quarter of the S&P 500 and almost half of the Nasdaq Composite. The seven companies are listed below (in alphabetical order), along with Wall Street's median 12-month price target and the implied upside from the current share price. Alphabet : $150 per share (15% upside).

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Great Hill Partners names Tom Spengler as executive-in-residence

PE Hub

Spengler will help the firm identify and pursue investments in the government tech industry. The post Great Hill Partners names Tom Spengler as executive-in-residence appeared first on PE Hub.

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Is It Time to Buy This Forever Stock on the Dip?

The Motley Fool

I don't think many investors question how successful Nike (NYSE: NKE) has been throughout the past few decades. Its powerful brand and in-demand products have been on top of consumers' minds for a long time. But the stock has underperformed in recent years. Shares of Nike are currently 49% below their all-time high from Nov. 2021. This might present an opportunity to buy the stock on the dip.

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Paine Schwartz Partners Closes $1.7bn Food and Agribusiness-Focused Fund VI

Private Equity Insights

Paine Schwartz Partners , a NYC-based private equity firm which specializes in sustainable food chain investing, closed its $1.7bn food and agribusiness-focused Fund VI. Fund VI, which is the largest fund dedicated to investing across the food and agribusiness value chain, attracted a diverse array of real asset, private equity and impact-oriented investors, including pension funds, sovereign wealth funds, endowments/foundations, family offices and other investors.

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3 Ways to Grow $100,000 Into $1 Million for Retirement Savings

The Motley Fool

Saving up a financial nest egg to fund your lifestyle beyond your working years is one of the most important things you'll do, even if you're young or don't yet realize how important this is. People's financial situations are like snowflakes -- no two are quite the same, which is why it's personal finance. But it can still be enlightening to see different scenarios of how one might grow their retirement savings from a hypothetical $100,000 start into $1 million.

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Blackstone Eyes $10bn+ Private Loan Deal in Europe and US

Private Equity Insights

Blackstone Inc. is looking to raise over $10bn across two private loan funds in Europe and the US, according to people with knowledge of the matter, as the firm seeks to further capitalize on the growth of private credit. The direct-lending funds, one in euros and the other in dollars, are targeting capital from institutional investors for a fixed term, said the people, who aren’t authorized to speak publicly on private matters.

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Better Buy: Coca-Cola vs. PepsiCo

The Motley Fool

When it comes to non-alcoholic beverage companies, there's Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) -- and then there's everyone else. In the U.S., the two account for around 71% of the carbonated soft drink market. The dominance of that duopoly makes them attractive investment opportunities. For investors looking to invest in one of these companies, there's no "wrong" option to go with here.

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PAI Partners’ Alphia purchase shows PE still loves pets

PE Hub

Alphia recently announced a strategic partnership with Better Choice Company, a pet health and wellness provider. The post PAI Partners’ Alphia purchase shows PE still loves pets appeared first on PE Hub.

Companies 147
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Where Will Disney Stock Be in 1 Year?

The Motley Fool

Shares of Walt Disney (NYSE: DIS) hit another three-year low on Wednesday. It won't take much for things to get even worse. The stock is a 1% dip from nabbing a nine-year low. The bears are everywhere now. Will their growling get even louder in the year ahead or is this a great opportunity to buy into the media bellwether at a historically low price?

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Capstreet snaps up PlanetBids

PE Hub

PlanetBids is an eProcurement company based in Studio City, California. The post Capstreet snaps up PlanetBids appeared first on PE Hub.

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3 No-Brainer Warren Buffett Stocks to Buy Right Now

The Motley Fool

Many people would wholeheartedly agree that Warren Buffett is one of the greatest capital allocators ever. His track record heading Berkshire Hathaway speaks for itself, as the Oracle of Omaha has crushed the market over the past several decades. Combing through the conglomerate's holdings might reveal potentially strong buying opportunities. In fact, I've identified three no-brainer Warren Buffett stocks investors should consider buying right now. 1.

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CDPQ invests C$25m in Savaria to support growth initiatives

PE Hub

Savaria Corp is a designer and manufacturer of products to improve personal mobility. The post CDPQ invests C$25m in Savaria to support growth initiatives appeared first on PE Hub.

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2 AI Stocks to Keep on Your Watch List

The Motley Fool

Investors are continually seeking the next significant trend to capitalize on financial opportunities. One of the most notable trends worth monitoring at the moment is the ascent of artificial intelligence (AI). The impact of AI is poised to be vast and multifaceted, with ramifications across nearly every industry. AI can enhance companies' efficiency and effectiveness and foster the emergence of entirely new industries.

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Oakley Capital closes mid-cap fund at €750m

Private Equity Insights

The private equity house Oakley Capital has raised fresh money. The British investor has closed its second fund Origin II at 750m euros. The capital is intended for companies in the lower mid-market segment. This means that the new fund exceeds its predecessor Origin I, which was closed in 2021 and is worth 458m euros, by around 65 percent, as Oakley announced.

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How Much Lower Can Walgreens Boots Alliance Stock Go?

The Motley Fool

Walgreens Boots Alliance (NASDAQ: WBA) has been delivering ugly results to its shareholders for years. But in 2023, things have gone from bad to worse. It's down by a mammoth 43% year to date, and there seems to be no end in sight to the tailspin. There's no dip here -- investors who buy the stock are trying to catch a falling knife. Even in just the past month, shares of the pharmacy chain operator are down 16%.

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Centerbridge and Wells Fargo Launch $5bn Direct Lending Fund with ADIA & BCI

Private Equity Insights

Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. To meet the alternative credit needs of this segment, Centerbridge intends to launch Overland Advisors to manage a newly formed business development company that will be primarily focused on making senior secured loans.

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3 Dividend Stocks to Buy and Hold Until Retirement

The Motley Fool

Dividend stocks can be a critical part of any retirement plan. Over time, the dividends you accumulate from these types of investments can help build up a significant nest egg, especially from companies that also regularly increase their payouts. Three stable dividend stocks that can be solid investments to hold on to until you retire are Bristol Myers Squibb (NYSE: BMY) , Apple (NASDAQ: AAPL) , and Verizon Communications (NYSE: VZ).

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True Light Capital backed by Temasek Raises $3.3bn for Greater China Fund

Private Equity Insights

Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3bn in its flagship fund that invests in Greater China and has now closed it to new capital. The Singapore-based asset manager said in a statement the True Light Fund I secured capital from global investors including sovereign wealth funds, foundations, financial institutions, and family offices.

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Want $5,000 in Dividends Each Year? Invest $70,000 in These 3 Stocks.

The Motley Fool

Dividend stocks can be excellent sources of recurring income. But you'll inevitably need money to make a decent amount from dividends. If you can afford to invest $70,000, then you could earn more than $5,000 in dividends over the course of a year by buying three stocks: LTC Properties (NYSE: LTC) , AT&T (NYSE: T) , and Enbridge (NYSE: ENB). 1. LTC Properties LTC Properties is a real estate investment trust (REIT) that focuses on healthcare.

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QuadReal buys 50% interest in CA’s US student housing portfolio  

PE Hub

QuadReal Property Group is the real estate investment arm of British Columbia Investment Management Corp. The post QuadReal buys 50% interest in CA’s US student housing portfolio appeared first on PE Hub.

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3 Tips for Getting Your Home Ready to Show Without Spending Much Money

The Motley Fool

Image source: Getty Images So you wanna get your home ready to show, but you don't have much money to do fancy things like hiring a professional stager or renting a bunch of posh furniture that you'd never in a million years dare sit on? It's OK, it's not really that difficult to prep your home for showing with the things you already have -- you just have to think like a buyer.

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Roadwork: 7 private equity deals that aim to pave the way

PE Hub

Investcorp, Trilantic North America, Crest Rock Partners, Comvest Partners and Kohlberg & Company are investing in road services. The post Roadwork: 7 private equity deals that aim to pave the way appeared first on PE Hub.

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Why Canopy Growth Stock Is Cratering Today

The Motley Fool

What happened Shares of the Canadian cannabis pioneer Canopy Growth (NASDAQ: CGC) are under pressure Thursday morning. Specifically, the marijuana company's shares were down by 12.9% on heavy volume as of 10:58 a.m. ET. What's sparking this sell-off? Canopy Growth, along with several of its Canadian and American peers, has been blazing the comeback trail over the past month.

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Blackstone, JPMorgan, Marlin, and New Mountain Back $3bn Merger of Virgin Pulse & HealthComp

Private Equity Insights

Private equity-owned companies HealthComp and Virgin Pulse are planning to merge in a $3bn transaction in a bid to create a comprehensive employer health benefits platform. The combination between Marlin Equity Partners-backed Virgin Pulse, a digital health wellness company, and New Mountain Capital-backed benefits administrator HealthComp, will serve more than 20 million members and 1,000 self-insured employers, according to a release.

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The Big 'Catch' Associated With No-Closing-Cost Mortgages

The Motley Fool

Image source: Getty Images No matter how you slice it, buying a home can take a bite out of your bank account. In addition to a down payment, home buyers must pay closing costs -- typically 3% to 6% of the loan amount. That means adding $9,000 to $18,000 to the cost of borrowing $300,000. It's not always a chunk of change buyers have at their disposal, which is where no-closing-cost mortgages come in.

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Warburg Pincus Leads $100m Funding in VPN maker Nord Security at $3bn Valuation

Private Equity Insights

Vilnius-based Nord Security, a company known for its VPN services, announced on Thursday that it has raised $100m (approximately €95m) at a valuation of $3bn in a funding round led by Warburg Pincus, a New York-based global growth investor. Existing investors, including Novator Ventures and Burda Principal Investments, also participated in the round.

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Can't Afford Your Pet Insurance? 3 Options to Look At

The Motley Fool

Image source: Getty Images Caring for an animal can be expensive. You need to cover the cost of food, supplies, and medical care. And while pet insurance might help with the latter, the reality is that some policies can be quite expensive. Forbes says that the average cost of pet insurance is $56 per month for a dog and $47 per month for a cat for a policy with unlimited annual coverage, a $500 deductible, and a 90% reimbursement level.