Mon.Aug 28, 2023

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Why Canoo Stock Is Paddling Higher Today

The Motley Fool

What happened Shares of Canoo (NASDAQ: GOEV) stock got a kick start this morning when the electric vehicle start-up announced it is replacing current CFO Ken Manget with current board member Greg Ethridge -- who becomes the company's new CFO effective immediately, and who will resign his board seat by the end of the year. Canoo stock is soaring 18.3% through 12:25 p.m.

Debt 246
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L Catterton to take vitamin maker Thorne private for $680m

PE Hub

According to terms of the deal, L Catterton will acquire $10.20 per share in cash. The post L Catterton to take vitamin maker Thorne private for $680m appeared first on PE Hub.

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Trending Sources

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The Next Big EV Stock Could Be Here, And You May Have Never Heard Its Name

The Motley Fool

As the world races to fill streets with electric vehicles (EVs), investors are quickly turning their heads to start-up EV makers to find the next Tesla (NASDAQ: TSLA). Rivian Automotive (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) are ramping up production, while traditional juggernauts such as Ford Motor (NYSE: F) are stepping on the gas to accelerate their transition.

Debt 246
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Big changes in outbound foreign investment to China

PE Hub

Key details for private equity sponsors to consider in response to President Biden’s executive order. The post Big changes in outbound foreign investment to China appeared first on PE Hub.

Investing 198
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3 Potential Changes to Social Security You May Not Be Happy With

The Motley Fool

Millions of seniors today collect a monthly benefit from Social Security. And for many, it would be impossible to pay the bills without that money. But Social Security's rules might need to change in the coming years to ensure that the program is able to keep up with scheduled benefits. Social Security is facing a funding shortfall that lawmakers need to address by making adjustments to the way the program works in one shape or form.

Taxes 246
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One Rock invests $500m in landscaping biz, and FFL closes clinical research site deal

PE Hub

Commercial landscaping services firm BrightView snags $500 million from One Rock. The post One Rock invests $500m in landscaping biz, and FFL closes clinical research site deal appeared first on PE Hub.

Investing 196

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Grovecourt scoops up engineering company Traffic & Mobility Consultants

PE Hub

1858 Capital Partners acted as financial advisor to TMC on the deal. The post Grovecourt scoops up engineering company Traffic & Mobility Consultants appeared first on PE Hub.

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3 Magnificent Growth Stocks to Buy on the Dip

The Motley Fool

Growth stocks have lost momentum in August after a strong start to the year. The market is worried about the impact of a possible recession, high inflation, and high interest rates on the future earnings of companies. However, smart investors know that market downturns can create attractive buying opportunities. Healthcare stocks have been especially hit hard this month.

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Goldman Sachs sells personal financial management business to Creative Planning

PE Hub

Based in Overland Park, Kansas, Creative Planning is a wealth management firm. The post Goldman Sachs sells personal financial management business to Creative Planning appeared first on PE Hub.

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Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades

The Motley Fool

There are many pathways to a million-dollar retirement portfolio. For example, investing $300 per month into an investment earning 10% annually would grow into $1 million in about 34 years. That's a very achievable return. It's slightly less than the average annual return of an S&P 500 index fund over the last 30 years. Meanwhile, you could become a millionaire even faster by increasing your monthly investment or finding higher-return investments.

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WestView invests in workforce management platform Hubstaff

PE Hub

In conjunction with the funding, Matt Carroll, a managing partner at WestView, will join Hubstaff's board of directors. The post WestView invests in workforce management platform Hubstaff appeared first on PE Hub.

Investing 189
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I'm Not Focusing on Social Security in Retirement Planning. I'm Doing This Instead

The Motley Fool

Like most people, I'll get Social Security benefits when I retire. But Social Security isn't playing a central role in my retirement planning. I'm not spending much time thinking about when I'll claim benefits or even factoring in the income I'm likely to get from my retirement checks. Here are a few big reasons why I'm focused on other things. Image source: Getty Images.

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KSL Capital to take luxury hotels owner Hersha Hospitality Trust private

PE Hub

According to terms of the agreement, KSL will acquire Hersha shares for $10 per share. The post KSL Capital to take luxury hotels owner Hersha Hospitality Trust private appeared first on PE Hub.

Capital 186
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Why NovoCure Stock Is Crashing Today

The Motley Fool

What happened Shares of NovoCure (NASDAQ: NVCR) were crashing 32.8% lower as of 11:24 a.m. ET on Monday. The sharp sell-off came after the company announced that a phase 3 study evaluating its tumor treating fields (TTFields) therapy in treating platinum-resistant ovarian cancer didn't meet the primary endpoint of overall survival. Patients in the late-stage study who received TTFields plus the chemotherapy paclitaxel had a median overall survival rate of 12.2 months.

Returns 246
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FFL Partners invests in clinical trials provider Johnson County Clin-Trials

PE Hub

Founded in 2005, JCCT has concluded approximately 300 clinical trials, engaging over 15,000 study participants. The post FFL Partners invests in clinical trials provider Johnson County Clin-Trials appeared first on PE Hub.

Investing 182
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Here's How Much Money the Average American Owes by Age

The Motley Fool

Image source: Getty Images Debt is an increasingly significant problem that affects people of all ages in the United States. From auto loans to mortgage repayments, debt has become a way of life for most Americans, and it can be a struggle to keep up. Total household debt has reached an all-time high. Read on for a breakdown by age group and type of debt.

Debt 246
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Australis-backed Sekura acquires Mexican insurance broker SER

PE Hub

Based in Mexico City, Sekura is an insurance broker. The post Australis-backed Sekura acquires Mexican insurance broker SER appeared first on PE Hub.

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Wall Street Thinks This Tiny Biotech Company Could Soar Soon

The Motley Fool

Bluebird Bio (NASDAQ: BLUE) , a leader in gene therapy, could be a great pick for growth investors. This company has two gene therapies that the U.S. Food and Drug Administration (FDA) has approved: Zynteglo (betibeglogene autotemcel) and Skysona (elivaldogene autotemcel). Zynteglo is the first gene therapy for patients with beta-thalassemia, a rare blood disorder that often requires regular blood transfusions.

Companies 246
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Shore Capital-backed 360Pack buys manufacturer Team Packaging

PE Hub

360Pack is a packaging distribution company. The post Shore Capital-backed 360Pack buys manufacturer Team Packaging appeared first on PE Hub.

Capital 198
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3 Stocks to Avoid This Week

The Motley Fool

Wall Street finally bounced back last week. I thought my three stocks to avoid -- Dollar Tree , Affirm , and Citi Trends -- were going to lose to the market in the past week. They plummeted 14%, soared 23%, and rose 8%, respectively. The final result was an average gain of 5.7% for the week. The S&P 500 moved 0.8% higher. I was wrong. I was very wrong.

Prospects 246
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Acorn Growth-backed TSS Solutions taps Fronk as chief financial and administrative officer

PE Hub

Headquartered in West Melbourne, Florida, TSS Solutions is a telecommunications service provider. The post Acorn Growth-backed TSS Solutions taps Fronk as chief financial and administrative officer appeared first on PE Hub.

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Amazon Stock: Buy, Sell, or Hold?

The Motley Fool

Amazon (NASDAQ: AMZN) has become a very successful company since its 1994 founding. Its initial public offering (IPO) price was $0.075 (after adjusting for subsequent stock splits) in May 1997. Appreciating about 178,900%, it's trounced the S&P 500 's roughly 750% total return. However, that doesn't mean it will replicate this return. There's an investing axiom: Past success doesn't guarantee future results.

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Commercial landscaping services firm BrightView secures $500m from One Rock

PE Hub

In conjunction with this transaction, BrightView has appointed Dale A. Asplund as president and CEO, effective October 1, 2023. The post Commercial landscaping services firm BrightView secures $500m from One Rock appeared first on PE Hub.

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1 Catalyst for Apple Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian details why Apple 's (NASDAQ: AAPL) customer loyalty brings higher profit margins in the long term. *Stock prices used were the afternoon prices of Aug. 24, 2023. The video was published on Aug. 26, 2023. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* They just revealed what they believe are the te

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Australis-backed Sekura acquires Mexican insurance broker AER

PE Hub

Based in Mexico City, Sekura is an insurance broker. The post Australis-backed Sekura acquires Mexican insurance broker AER appeared first on PE Hub.

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Be Careful Chasing This Booming AI Stock

The Motley Fool

With Nvidia 's (NASDAQ: NVDA) terrific earnings report and guidance last Wednesday, investors may be looking for other stocks that will benefit from the buildout of artificial intelligence infrastructure. One under-the-radar name is Vertiv (NYSE: VRT) , a provider of data center rack systems, power management, switchgear, and thermal heat control systems.

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India’s NIIF: A poster child for development finance

Top 1000 Funds

Sujoy Bose played a central role in setting up India's celebrated sovereign development fund, the National Investment and Infrastructure Fund. He explains how NIFF's governance combines a perfect combination of sovereign comfort for investors seeking Indian exposure alongside the discipline and freedom to hunt returns.

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How Long Does $2 Million Last Once You Retire?

The Motley Fool

Image source: Getty Images Retiring on $2 million doesn't sound half bad, right? It's $1 million more than what most financial experts have traditionally recommended and roughly 684% more than what most Americans have saved by the time they reach retirement age, which is about $255,200, according to the Federal Reserve. But will $2 million really last you the full length of your retirement or should you be saving more?

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Silicon Valley Tech Titans Are Building an Experimental City In Northern California

Entrepreneur - VC

LinkedIn co-founder Reid Hoffman is among the billionaires who paid $1 billion for land near an Air Force base.

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3 of the Best First-Time Home Buyer Assistance Programs in Texas

The Motley Fool

Image source: Getty Images Everything is bigger in Texas, as they say, but one thing is surprisingly not-so-big: home values. According to Zillow, the average home value in Texas is about $300,000 in 2023, which is well below the national average of $348,000. That's not so bad, considering that homes in some states, like California, can be more than double the national average.

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'Need to Know Information': Baggage Handler Shares Hack For Ensuring Checked Luggage Doesn't Get Lost

Entrepreneur - VC

An employee at Ontario International Airport in Southern California is going viral for emphasizing the importance of removing stickers from old trips when checking a bag for a new flight.

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Best Stocks to Buy: Nikola Stock vs. Plug Power Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares Nikola (NASDAQ: NKLA) and Plug Power (NASDAQ: PLUG) to determine the better investment for folks looking at innovative growth stocks. *Stock prices used were the afternoon prices of Aug. 25, 2023. The video was published on Aug. 27, 2023. 10 stocks we like better than Nikola When our analyst team has a stock tip, it can pay to listen.

Returns 246
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Smart Solutions on a Budget: Unlocking the Path to High-Quality Software at Minimum Cost

FinSMEs

In order for any company to succeed, it’s important for it to have a well-functioning software application. This allows for increased opportunities to establish a presence in the market, meet the needs of the target audience, and differentiate oneself from competitors. Regardless of whether you are a large enterprise or a budding startup, creating an […] The post Smart Solutions on a Budget: Unlocking the Path to High-Quality Software at Minimum Cost appeared first on FinSMEs.

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These 2 Stocks Led the Dow Jones Industrials Higher Monday

The Motley Fool

Investors have generally been happy with how 2022 has gone. Inflation has come down substantially, and many companies have found ways to get out of the economic doldrums and find avenues for growth. New hopes that the end of the year might end on a positive note helped to send the stock market higher on Monday. Although the Nasdaq Composite (NASDAQINDEX: ^IXIC) led the way, the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) also got some love from investors.