Fri.Mar 15, 2024

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Inflation Jumped in February. Should Consumers Say Goodbye to 2024 Interest Rate Cuts?

The Motley Fool

Image source: The Motley Fool/Upsplash Inflation has been wreaking havoc on consumers' personal finances since 2021. To combat it, the Federal Reserve spent much of 2022 and 2023 implementing interest rate hikes. By making it more expensive to borrow money, the Fed's goal was to drive consumers to curb their spending, thereby narrowing the gap between supply and demand that caused inflation to surge.

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PE firm Partners Group mulls $2bn sale of German renewables specialist VSB

Private Equity Insights

Swiss private equity investment firm Partners Group is weighing up the options for its portfolio company VSB Group including a sale of the Germany based renewable energy company, according to a report by Reuters. The report cites six sources familiar with the matter as confirming the deliberations with Partners Group having interviewed potential financial advisers in recent weeks over potentially starting a sales process in Q2 2024.

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Why Zillow Group Stock Dropped Today

The Motley Fool

Shares of Zillow Group (NASDAQ: Z) (NASDAQ: ZG) fell 13.5% on Friday after the National Association of Realtors (NAR) agreed to settle a series of lawsuits brought by home sellers alleging the industry has conspired to boost agent commissions. The move appears likely to pave the way for reduced broker commissions on real estate sales -- a development that could potentially curb one of Zillow's bread-and-butter revenue streams.

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Mattioli Woods and Maven to be acquired in £430m deal

Private Equity Insights

WEALTH management firm Mattioli Woods has agreed to the terms of a takeover offer from private equity investor Pollen Street Capital in a deal that values it at around £432million. The deal will see investors in Mattioli Woods – which has an office on Queen’s Terrace in Aberdeen – receive 804p for each share they hold and return the AIM-listed business to private ownership.

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Is Virgin Galactic a Millionaire Maker?

The Motley Fool

Virgin Galactic (NYSE: SPCE) has big dreams -- the kind that could, if it makes those dreams into reality, turn investors into millionaires. The problem is that big aspirations don't always work out as well as hoped. If you are looking at Virgin Galactic today thinking that it will get you to a seven-figure net worth, step back and consider the risks.

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US private equity giant invests £108m into Flagstone

Private Equity Insights

Cash deposit platform Flagstone has received £108 million equity investment. The deal sees Estancia Capital Partners, a US financial services specialist private equity firm, take a minority stake in the business. Co-founded by Andrew Thatcher and Simon Merchant, Flagstone launched in 2015 to create a service-driven FinTech platform ‘that helps UK savers make their money work harder’.

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HarbourView secures $500m in debt financing from KKR

Private Equity Insights

HarbourView Equity Partners, an alternative asset management firm focused on investments in the sports, media and entertainment space, has secured approximately $500m in a debt financing led by global investment firm KKR. Investment accounts advised by Kuvare Asset Management also participated in private securitisation backed by HarbourView’s diversified catalogue of music royalties.

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Looking for Income? This Blue Chip Dividend Stock Just Raised Its Payout for the 30th Year in a Row

The Motley Fool

Dividend stocks can be an excellent source of income, but did you know they can also be less risky and deliver steady returns over time? According to a study by Hartford Funds and Ned Davis Research, since 1973, companies that raised their dividends have delivered a 10.2% annual return, outperforming the equal-weighted S&P 500 index, with lower volatility over the same period.

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Style Capital acquires majority stake €300m in sneaker brand Autry

Private Equity Insights

Private equity firm Style Capital has reportedly snapped up a majority stake in sneaker label Autry International as part of its ongoing efforts to transform various brands into iconic names. The Milan-based company is understood to have secured a 50.2 percent stake in the brand, with the transaction value believed to have been at around 300 million euros, according to WWD, which initially reported the news.

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Is Ginkgo Bioworks Stock a Buy?

The Motley Fool

Ginkgo Bioworks (NYSE: DNA) has a lot going for it. It's a favorite of Cathie Wood's Ark Innovation ETF , it's a popular collaborator in the biopharma sector, and its positioning at the intersection of biotechnology, artificial intelligence (AI), and laboratory robotics means that it's exposed to a lot of exciting and value-enhancing developments. But does that make it a buy, or just another stock getting hyped by the tech-hungry investors of the current bull market?

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Vinci Deal Forges Latin America Megamanager Handling $50 bn

Private Equity Insights

Vinci Partners Investments Ltd., a Brazilian alternative asset manager, will acquire Compass Group LLC to expand its footprint across Latin America, creating a combined entity that will manage over $50 billion. Vinci will hand over 11.8 million class A shares, worth about $127.4 million at Thursday’s closing price and a cash consideration of $31.3 million in the form of Class C redeemable common stock, according to a statement.

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Should You Buy the 3 Highest-Paying Dividend Stocks in the Dow Jones?

The Motley Fool

AI stocks may be propelling the new bull market to record levels, but these high-flying tech stocks aren't right for everyone. If you're a retiree who counts on dividend income, for example, you're likely to steer clear of a sector that some believe is already in a bubble. Instead, you're betting off searching for new targets among blue chip stocks.

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Tikehau Capital and UOB Kay Hian form Asia private credit fund

Private Equity Insights

Tikehau Capital (Paris:TKO) , the global alternative asset management group with c. €17 billion dedicated to Private Debt strategies, has joined forces with Singapore-based brokerage firm UOB-Kay Hian (“UOBKH”), the largest stockbroker in Southeast Asia with over 100 years of operating history in Asia, to launch a new private credit strategy.

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Better "Magnificent Seven" Buy: Nvidia vs. Apple Stock

The Motley Fool

The "Magnificent Seven" stocks are a group of megacap technology companies that have thrived over the past few years and led this new bull market, but it's not been a smooth ride for every member of that group. Two key members, iPhone maker Apple (NASDAQ: AAPL) and artificial intelligence (AI) chip company Nvidia (NASDAQ: NVDA) , are moving in opposite directions so far in 2024.

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H.I.G. Seeks $655 m of Private Debt for USA DeBusk Deal

Private Equity Insights

H.I.G. Capital is seeking $655 million of debt financing to help fund its potential purchase of mechanical and industrial cleaning company USA DeBusk, according to people with knowledge of the matter. Goldman Sachs Group Inc.’s asset management division and Sixth Street Partners are leading the financing, which includes a $435 million term loan, $160 million delayed draw term loan and a $60 million revolver, said the people, asking not to be identified discussing a private transaction.

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The Smartest Dividend Stocks to Buy With $400 Right Now

The Motley Fool

This week's inflation data came in a little bit hot, but it doesn't mean that rates on traditional fixed income investments will stay high for much longer. When the climate starts to get kinder -- and money market funds and freshly issued bonds start offering lower rates -- yield-seeking investors will turn to dividend-paying stocks where the distributions should grow over time.

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EQT’s Skincare Firm Galderma Sets Terms for $2.6 bn IPO

Private Equity Insights

Skincare company Galderma Group AG set the price range for a 2.3 billion Swiss-franc ($2.6 billion) initial public offering, in what would be the largest listing in Europe since that of Porsche AG in 2022. The shares are being marketed at 49 to 53 Swiss francs apiece through March 20, the EQT AB-backed company said in a statement, with the stock set to start trading two days later.

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Side Hustle Spotlight: How This Side Hustle Became a Thriving B2B Marketplace

The Motley Fool

Image source: Getty Images One of the best ways to become an entrepreneur is to start a side hustle. Earning extra money while keeping your day job is good for your bank account , and starting as a side hustle can give you time to test the concept for a new small business, without taking on too much financial risk. One entrepreneur who used this method to build a successful business is Gianluca Ferruggia.

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Nordic Capital considers sale of regulatory tech firm Regnology

Private Equity Insights

Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business at up to 3 billion euros ($3.27 billion). The private equity firm is speaking with investment banks about its options for Regnology and could launch an auction as early as the second half of this year, three of the people said, speaking on condition of anonymity.

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This Part of Shopify's Business Generates 82% Margins and Is Also Its Fastest-Growing Segment

The Motley Fool

Shopify (NYSE: SHOP) has struggled with profitability over the years, even as it has been growing at an explosive pace. But the future looks brighter for the business. Shopify has cut expenses, it has become leaner, and staying out of the red is no longer a stretch. The company has also been expanding operations to serve a wider and more diverse group of customers.

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U.S. population distribution, 1975-2050

The Big Picture

We sometimes say “Demographics is Destiny,” but that’s abstract. To get a visual sense of what that looks like, see the above chart (via Blackrock ) showing the distribution of various age groups from 2075 to 2050. Note bars in Red are not in the workforce. The post U.S. population distribution, 1975-2050 appeared first on The Big Picture.

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Here's My Top "Magnificent Seven" Stock to Buy and Hold for the Next 10 Years

The Motley Fool

Many investors are interested in the " Magnificent Seven" stocks for good reasons other than outstanding returns over the last year. This elite group of tech companies has strong brands and a growing customer base, and they are very profitable businesses -- everything an investor looks for in a solid investment. Over the last year, the Roundhill Magnificent Seven ETF has returned 51%, beating the Nasdaq Composite 's 32% and the S&P 500 's 23% return.

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Inflation at the Grocery Store

A Wealth of Common Sense

There are two types of inflation rates that matter. Economists and market observers care about the government reported data — CPI, core PCE, ex-shelter, whatever your preferred method is. Everyday Americans only care about two price points — gas and grocery store prices. Why is this the case? These are the prices you experience on a regular basis.

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RTX Stock Has 30% Upside, According to 1 Wall Street Analyst

The Motley Fool

RTX 's (NYSE: RTX) stock is down more than 5% over the last year amid operational difficulties in its commercial aerospace and defense businesses. That said, a Wells Fargo analyst recently upgraded RTX (formerly Raytheon Technologies) from "overweight" to "equal weight" and set a $120 price target on the stock. That suggests the stock price could jump 30% over the next 12 months or so.

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Clique Raises $8M in Series A Funding

FinSMEs

Clique, a San Francisco, CA-based infrastructure company empowering data computing for blockchains, raised $8M in Series A funding. The round was led by Polychain Capital, with participation from Bankless, Robot Ventures, Santiago R. Santos, Balaji Srinivasan, and other angels such as the founders of Lido, Polygon, Scroll, Berachain, Monad, Gitcoin, Axiom, Succinct, and Uniswap Foundation. […] The post Clique Raises $8M in Series A Funding appeared first on FinSMEs.

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Forget the "Magnificent Seven." Buy These 2 Incredible Growth Stocks Instead.

The Motley Fool

The "Magnificent Seven" stocks get a lot of attention, and for good reason. These seven stocks, which include Amazon , Alphabet , Apple , Meta Platforms , Microsoft , Nvidia , and Tesla , have demonstrated their value over time, with incredible businesses and high stock gains. They collectively account for about $13 trillion in market cap, with all having trillion-dollar status except for Tesla.

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Ogier relocates Cayman Islands-based Senior Transactional Specialist to Dubai 

Private Equity Wire

Law firm Ogier has relocated Ridhiima Kapoor, a Senior Transactional Specialist in its investment funds and corporate teams in the Cayman Islands, to Dubai. She will continue to advise on the establishment, launch and maintenance of investment funds including hedge funds and private equity funds. Kapoor also provides advice on corporate matters and has experience with terminations, licencing and the migration of vehicles into and out of the Cayman Islands.

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3 Stocks That Could Create Lasting Generational Wealth

The Motley Fool

Stocks aren't lottery tickets or get-rich-quick opportunities, but there are some promising investment opportunities in the market that can be transformational forces within a portfolio. If you have enough risk tolerance, you should consider a few stocks that are in the earlier, less certain stages of their lifecycle but also have enormous potential and clear competitive advantages.

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Proportion of female alt assets professionals reaches 22%

Private Equity Wire

The alternative assets industry is continuing its trajectory towards gender equality, according to a new report from Preqin which reveals that as of January 2024, 22% of professionals in the alternative assets space, encompassing investors and fund managers, are women. On average, between January 2020 and January 2024, there has been a 1% yearly increase in women’s representation across all investors and fund managers in alternatives.

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Novo Nordisk Just Scored a Huge Win. And It's Not Related to Ozempic

The Motley Fool

Danish pharmaceutical company Novo Nordisk (NYSE: NVO) has taken the world by storm thanks to its popular diabetes and obesity medications Ozempic, Rybelsus, and Wegovy. 2023 was a milestone year for Novo Nordisk, with Ozempic and Wegovy playing lead roles in the company's growth. Just last week, Novo Nordisk received some positive news from the Food and Drug Administration (FDA), and the shares soared to new highs.

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Ardian acquires data centre platform Verne in £450m deal

Private Equity Wire

French private investment firm Ardian has completed the acquisition of the entire share capital of Verne, a data centre platform headquartered in the UK and diversified across Northern Europe, from investment trust Digital 9 Infrastructure (D9), in a deal worth up to £450m. According to a stock exchange notice, London-listed D9 has received an initial £325.8m from Ardian, with the trust also set for a £19.5m deferred consideration payment and a potential earn-out payment of up to £106m, subject

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2 Artificial Intelligence (AI) Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

The area of artificial intelligence (AI) is hot right now, but that doesn't mean it's a short-term investment opportunity. You could score an even bigger win by choosing quality AI players and holding them for the long term as they take part in a potential AI revolution. This technology could transform many industries. However, these changes won't happen overnight, which means AI players can benefit every step of the way.

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Palatine adds Partner to Impact Fund

Private Equity Wire

Mid-market private equity investor Alistair Armstrong has joined Palatine as a Partner in the firm’s impact fund. Armstrong has joined from Primary Capital, where he spent 16 years making B2B-focused investments. Armstrong’s past deals involved companies including Readypower, Foster+Freeman, VJ Technology, Metamark, GatenbySanderson, Amtech and Napier Turbochargers.

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Want Decades of Passive Income? 2 Stocks to Buy Now

The Motley Fool

If you are trying to find a good dividend stock, there's something to be said for consistency. You will also want to focus on financially strong companies. On both of these fronts, you will be hard-pressed to find better options than Royal Bank of Canada (NYSE: RY) and Toronto-Dominion Bank (NYSE: TD). Here's what you need to know about these Canadian financial giants and why they could provide you with decades of passive income.

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