Fri.Jan 12, 2024

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Ranked: Car Insurance Companies With the Best Rates Now

The Motley Fool

Image source: Getty Images What auto insurance companies have the cheapest rates? While it's impossible to say where you will find the cheapest auto insurance rates, there is publicly available information that shows where the lowest average monthly premiums are. With that in mind, here are 10 of the largest U.S. auto insurance companies, ranked in order from cheapest average premium to most expensive.

Companies 246
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Vortus-backed Nickel Road to divest DJ Basin assets to Prairie

PE Hub

Based in Denver, Colorado, Nickel Road is focused on acquiring, leasing, and developing oil and natural gas assets in the Wattenberg Field. The post Vortus-backed Nickel Road to divest DJ Basin assets to Prairie appeared first on PE Hub.

Assets 217
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71% of Warren Buffett's $358 Billion Portfolio Is Invested in Only 4 Stocks

The Motley Fool

If you've ever wondered why professional and everyday investors pay so much attention to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett, look no further than his investing track record since becoming CEO in the mid-1960s. Over this nearly six-decade stretch, he's overseen an aggregate return in his company's Class A shares (BRK.A) of better than 4,480,000%, as of the closing bell on Jan. 5.

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Shore Capital-backed Empower Aesthetics taps Rapp as CEO

PE Hub

Austin-based Empower Aesthetics is a medical aesthetics platform. The post Shore Capital-backed Empower Aesthetics taps Rapp as CEO appeared first on PE Hub.

Capital 213
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Billionaire Investor Bill Ackman Has 34% of His Portfolio Invested in 2 Brilliant Growth Stocks

The Motley Fool

Bill Ackman runs Pershing Square Capital Management. He is perhaps best known for a disastrous short position in Herbalife , a nutrition company he called a pyramid scheme. Ackman made a $1 billion bet against Herbalife in 2012, expecting the stock to go to zero, but it had doubled by the time he exited the position in 2018. However, Ackman has made some excellent moves in the market as well.

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PE-backed Sovos snaps up payroll tax forms provider Aatrix Software

PE Hub

Sovos is a compliance technology solutions and services provider. The post PE-backed Sovos snaps up payroll tax forms provider Aatrix Software appeared first on PE Hub.

Taxes 191

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GroundForce Capital-backed SYSTM Foods buys beverage brand Humm Kombucha

PE Hub

SYSTM Foods is a joint venture between SYSTM Brands and GroundForce Capital. The post GroundForce Capital-backed SYSTM Foods buys beverage brand Humm Kombucha appeared first on PE Hub.

Capital 186
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This State Has the Most Expensive Auto Insurance -- Here's Why

The Motley Fool

Image source: Getty Images Auto insurance premiums can vary considerably based on where you live. In simple terms, drivers in certain states are more likely to get into accidents or file insurance claims, and premiums reflect that. With that in mind, here's a look at which state has the most expensive auto insurance, and what factors can make auto insurance more or less expensive in a particular state.

Companies 246
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Infrastructure to accelerate, says BlackRock CEO Larry Fink; plus Harris Williams’ 2024 forecast

PE Hub

BlackRock is buying GIP for $12.5 billion. The post Infrastructure to accelerate, says BlackRock CEO Larry Fink; plus Harris Williams’ 2024 forecast appeared first on PE Hub.

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Why Marathon Digital, Riot Platforms, and Microstrategy Plunged Today

The Motley Fool

The impressive volatility we've seen in many top cryptocurrencies to kick off the year has been noted by many investors. However, results have been mixed for crypto-adjacent companies, with today's moves in Marathon Digital (NASDAQ: MARA) , Riot Platforms (NASDAQ: RIOT) , and Microstrategy (NASDAQ: MSTR) reflecting a 7% downside move in Bitcoin (CRYPTO: BTC) , which tends to drive the price action of these companies, given their large Bitcoin holdings.

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Ontario Teachers’ appoints McLennan and Brown as CIOs

PE Hub

Jonathan Hausman has become chief strategy officer and Executive Managing Director Nick Jansa has been appointed to Ontario Teachers' executive team. The post Ontario Teachers’ appoints McLennan and Brown as CIOs appeared first on PE Hub.

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Why These EV Stocks Plunged Double Digits This Week

The Motley Fool

It was a slightly slower news week as the markets prepare for earnings season to hit in full force, but there were plenty of headlines to go around within the automotive sector. One piece of news that hit young electric vehicle (EV) automakers hard was the announcement by Hertz Global (NASDAQ: HTZ) that it will sell a chunk of its EV fleet and reinvest in gasoline-powered vehicles.

Returns 246
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How green is your PE valley: 7 notable lawn care deals

PE Hub

HCI Equity's Nate Novak: 'The residential lawn care treatment sector offers steady, recurring revenues and opportunities for acquisitions and consolidation in a highly fragmented market.' The post How green is your PE valley: 7 notable lawn care deals appeared first on PE Hub.

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3 Top Growth Stocks That Are Screaming Buys Right Now

The Motley Fool

Growth stocks in general did well in 2023, but that doesn't mean there aren't still major opportunities in 2024. The momentum behind companies like Airbnb (NASDAQ: ABNB) , Block (NYSE: SQ) , and Celsius Holdings (NASDAQ: CELH) is too strong to ignore, and I think they're still screaming buys today. 1. Airbnb The pandemic put a dent in Airbnb's business in 2020, but since coming public in late 2020, the company has been on fire.

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JFLCO-backed Crystal Clean buys environmental services firm Envirosafe

PE Hub

Crystal Clean is a provider of specialized environmental and waste management solutions to commercial and industrial end-markets. The post JFLCO-backed Crystal Clean buys environmental services firm Envirosafe appeared first on PE Hub.

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1 Dividend Stock Yields 9.5%, Another Yields 9.2%, but Only 1 Can Be the Best Dividend Stock to Buy

The Motley Fool

Fool.com contributor Parkev Tatevosian compares two dividend stocks yielding nearly 10% to determine the better investment for investors. *Stock prices used were the afternoon prices of Jan. 9, 2024. The video was published on Jan. 11, 2024. Should you invest $1,000 in Altria Group right now? Before you buy stock in Altria Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now. and Altria Group wasn't one

Returns 246
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Bow River exits software firm Xyleme

PE Hub

Bow River acquired Xyleme in the second quarter of 2021. The post Bow River exits software firm Xyleme appeared first on PE Hub.

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Retiring in 2024? 3 Financial Moves to Make as Soon as You Resign From Work.

The Motley Fool

If 2024 is the year in which you'll be retiring, you may be counting down to that milestone. And you may be growing increasingly excited about it by the day. Retirement can bring about a world of financial change since you're going from earning a paycheck to potentially not working at all. So it's important to start off on the right financial foot. With that in mind, here are three key moves to make as soon as you tender your resignation.

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Aterian-backed Vantedge Medical appoints Brandon as COO

PE Hub

Based in San Jose, California, Vantedge is a medical device company. The post Aterian-backed Vantedge Medical appoints Brandon as COO appeared first on PE Hub.

Companies 174
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Why Nvidia Surged Even Higher This Week

The Motley Fool

It's been a bullish week for the tech-heavy Nasdaq Composite index. As of midday Friday, the index has leapt by almost 3% since last week's close. But the stock of tech giant Nvidia (NASDAQ: NVDA) has blown away those results. The advanced semiconductor chipmaker's shares have surged by 11.3%, according to data provided by S&P Global Market Intelligence.

Returns 246
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Perwyn makes strategic investment in Italian food company Crosta & Mollica

Private Equity Insights

European private equity investor Perwyn has made a strategic investment in Crosta & Mollica, a B-Corp certified branded grocery business focused on Italian food, in partnership with the company’s founder James Orr. Founded in 2009, Crosta & Mollica “reimagines” Italian classics across multiple categories including pizza, gelato and aperitivo snacks.

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Nvidia's CEO Warned Everyone Over a Decade Ago

The Motley Fool

In this video, I will talk about Nvidia (NASDAQ: NVDA) , more specifically what its CEO said in 2011, how that turned out, and a look at some more recent announcements. *Stock prices used were from the trading day of Jan. 11, 2024. The video was published on Jan. 12, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now. and Nvi

Returns 246
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DigitalBridge and Silver lake pump $6.4 billion into Vantage Data Centers

Private Equity Insights

Vantage was launched by Silver Lake, a global tech investor, in 2010. It hired the management team that is still in place today and grew the company to become a leading data centre provider within the Silicon Valley region. A DigitalBridge-managed vehicle acquired Vantage in 2017. “We are proud of what we pioneered when we launched Vantage, and we are thrilled to invest and partner again with this exceptional management team alongside DigitalBridge to drive the next generation of energy-efficien

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3 Crypto Investments That Dwarfed Shiba Inu in 2023

The Motley Fool

Shiba Inu (CRYPTO: SHIB) is a popular meme coin for crypto investors. And it had a good year in 2023, with its value rising by just under 38%. But that pales in comparison to some of the returns crypto stocks generated for investors last year. Coinbase Global (NASDAQ: COIN) , Bitfarms (NASDAQ: BITF) , and Marathon Digital (NASDAQ: MARA) all more than quadrupled in value in 2023.

Investing 246
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Kroger, private equity firm partnering to scale emerging brands

Private Equity Insights

The Kroger Co., through its PearlRock Partners venture, is collaborating with MidOcean Partners, a middle market private equity company, to form MPearlRock, a firm that will help scale emerging brands. The MPearlRock initiative will combine MidOcean’s investing capabilities with Kroger’s retail and consumer packaged goods experience, including the insights generated by 84.51º, Kroger’s market research arm.

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Will Nvidia Be Worth More Than Apple by 2030?

The Motley Fool

Apple (NASDAQ: AAPL) has been the world's largest company since 2011 (although a few companies passed it briefly). Right now, Apple is worth about $3 trillion -- nearly triple the size of Nvidia (NASDAQ: NVDA) at $1.2 trillion. However, the two have several key differences, as Nvidia is growing at a lightning pace, while Apple's revenue is shrinking.

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NYC pension funds look to PE in hunt for higher returns

Private Equity Insights

Four of New York City’s five public employee pension funds, catering for teachers, police officers, firefighters and civil servants, are to up their allocations to private equity and other illiquid asset classes, as they look to boost investment returns, according to a report by Bloomberg. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up The boards of directors of the funds voted late last year to increase the share of assets they invest

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1 Remarkable Growth Stock to Buy Hand Over Fist Before It Soars 742%, According to 1 Wall Street Professional

The Motley Fool

Over the past decade, Ark Investment Management has carved out a niche for itself by identifying investment candidates among disruptive and emerging technologies. In the company's Big Ideas 2023 report, Ark laid out its thinking for a number of innovative fields, including robotics, 3D printing, digital wallets, and public blockchains, among others.

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Azalea raises $356m for Altrium Co-Invest and Growth funds

Private Equity Insights

Azalea Investment Management (Azalea) has held the first closings of the Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I) with a combined $356m in capital commitments from institutions, family offices and high-net-worth individuals. ACF I, which has raised $200m, offers investors the opportunity to co-invest alongside renowned and high-performing private equity fund managers with strong operational and M&A capabilities, while AGF I, which has attracted $156m, invests in top

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4 Ways to Put the Interest Earned From Your Savings Account to Good Use

The Motley Fool

Image source: Getty Images Saving is an excellent financial strategy. Having extra money in the bank can allow you to pay an unexpected bill with less stress or cover upcoming purchases without going into debt. To earn interest, many savers keep their extra cash in a high-yield savings account. If you've been earning interest on your savings and aren't sure what to do with it, this article is for you.

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Thoma Bravo completes strategic investment in BlueMatrix

Private Equity Insights

Thoma Bravo, a software investment firm with $134bn in assets under management, has completed its strategic growth investment in BlueMatrix, an end-to-end content creation and distribution platform for investment research providers. Founded in 1999, BlueMatrix’s investment research and publishing platform provides investment banks and research analysts with a comprehensive solution across the highly regulated investment research production workflow.

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Why Lucid Stock Is Plummeting Again Today

The Motley Fool

Lucid Group (NASDAQ: LCID) stock is losing ground again in Friday's trading. The electric vehicle (EV) company's share price was down 7.1% as of 1:15 p.m. ET, according to data from S&P Global Market Intelligence. On the heels of the deliveries and production report that the company released yesterday, news hit today that Lucid would be recalling more than 2,000 vehicles.

Returns 246
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PAI Exploring Options for $10 Billion Nestle Ice Cream JV

Private Equity Insights

Private equity firm PAI Partners is in the early stages of exploring options for its ice cream joint venture with Nestle SA that includes brands like Haagen-Dazs, according to people familiar with the matter. The venture, Froneri, could be valued at more than $10 billion in a transaction, the people said, asking not to be identified discussing confidential information.

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1 Spectacular Growth Stock Down 96% to Buy Hand Over Fist in 2024

The Motley Fool

Fool.com contributor Parkev Tatevosian describes why this growth stock, in particular, makes an excellent investment. *Stock prices used were the afternoon prices of Jan. 9, 2024. The video was published on Jan. 11, 2024. Should you invest $1,000 in Peloton Interactive right now? Before you buy stock in Peloton Interactive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now. and Peloton Interactive wasn't on

Returns 246