Wed.Oct 11, 2023

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This Southwest Gift Card Deal From Costco Could Save You $70 on Your Next Flight

The Motley Fool

Image source: Getty Images Flights are a travel expense that can quickly make any vacation costly. Even if you budget accordingly and buy your tickets well in advance, you may have to spend more than you'd prefer. But Costco has a deal that could help some travelers save money on flights. The warehouse club sells discounted gift cards to its members.

Debt 264
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Bain Capital Postpones $700m Virgin Australia IPO Until Next Year

Private Equity Insights

Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday. The U.S.-based private equity firm will consider listing in 2024 after assessing market conditions, said the source who declined to be identified as the discussions were private. Bain said in January it would explore re-listing Virgin, which it bought for $2.45bn including liabilities in 2020 after it was placed in voluntary administ

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3 Perks of Buying Tires at Costco

The Motley Fool

Image source: Getty Images No, it's not just you. Tire prices have gone up. The average price of tires has risen 21.4% over the last two years, according to Michael Grabell from ProPublica. That would make a tire that cost $100 about $120 in today's dollars, while a tire that cost $250 would now be $300. To make matters worse, you can't always plan for tire expenses.

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Sagard Private Equity Canada invests in growth of Norbec

PE Hub

Norbec is a Boucherville, Quebec-based manufacturer of insulated metal panels and walk-in coolers and freezers. The post Sagard Private Equity Canada invests in growth of Norbec appeared first on PE Hub.

Investing 240
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Where Will Nio Stock Be in 5 Years?

The Motley Fool

With its shares down 10% year to date, Nio (NYSE: NIO) has had a tough go of it lately. Like many electric vehicle (EV) makers , it faces a challenging combination of rising rates, competition, and cash burn that puts its viability in question. Will the automaker be able to overcome these challenges in the next five years or continue underperforming the market?

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Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital

PE Hub

TradePending is a sales enablement and consumer experience software platform for car dealerships. The post Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital appeared first on PE Hub.

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Ronin Equity seeks add-ons after merging six companies to craft Lotus

PE Hub

Ronin formed Lotus Beverage Alliance in April when the PE firm merged six craft beverage equipment providers. The post Ronin Equity seeks add-ons after merging six companies to craft Lotus appeared first on PE Hub.

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I Haven't Started Saving and My Kids Are Almost in College. Am I Too Late?

The Motley Fool

Image source: Getty Images Many parents have the goal of putting their kids through college so they don't have to accrue a ton of debt in the course of getting a degree. But what if you're only a few years away from your kids starting college and you've yet to sock money away for it? It's easy to see how that might happen. It's hard to set aside money for college when you have a mortgage to pay, a car that keeps needing repairs, and other such unavoidable expenses.

Education 246
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Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking

PE Hub

Citation Capital is backing snacking firm Cibo Vita. The post Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking appeared first on PE Hub.

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2025 Could Be a Big Year for This Top Warren Buffett Stock

The Motley Fool

Occidental Petroleum (NYSE: OXY) currently makes most of its money producing oil and gas. However, the energy company is working to build out a new growth platform that could be a major driver starting in 2025. That bodes well for Warren Buffett, whose Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns a large position in the oil stock. Here's a look at why 2025 could be a big year for this top Warren Buffett stock.

Companies 246
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TA and OceanSound to invest in Kinective

PE Hub

This transaction will enable Kinective to bolster product innovation and increase investment in sales and support resources. The post TA and OceanSound to invest in Kinective appeared first on PE Hub.

Investing 215
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1 in 3 Americans Are Now Dealing With Identity Theft, So Here Are the Steps I'm Taking ASAP to Protect Myself

The Motley Fool

Image source: Getty Images Identity theft is increasingly common and impacts millions of Americans. It's horrible to think that someone might be lurking on the internet or rifling through your trash to find data they can use to impersonate you. But sadly, criminals can use even scraps of personal information to open accounts or get credit in your name.

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PODCAST: Mastering the diplomacy of value creation

PE Hub

The third installment of Disruption Matters season two discusses the leadership agenda, ESG and human capital. The post PODCAST: Mastering the diplomacy of value creation appeared first on PE Hub.

Capital 215
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2 Top Tech Stocks to Buy in October

The Motley Fool

The kids are back in school, every shopping center smells of pumpkin spice, and the last earnings season of the calendar year is about to kick off. At this juncture, the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) stock market index has gained 30% year-to-date but also traded sideways in the last two months. Many potent tech stocks lurk in Wall Street's autumn leaf piles with modest share prices.

Debt 245
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Osceola Capital-backed Talent Groups acquires two staffing firms Abacus Technical Services and InSource Group

PE Hub

Talent Groups is a national IT staffing company. The post Osceola Capital-backed Talent Groups acquires two staffing firms Abacus Technical Services and InSource Group appeared first on PE Hub.

Capital 212
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This Is How Much Money You Can Make With $5,000 in a High-Yield Savings Account

The Motley Fool

Image source: Getty Images If I were to sit down and rank the best money moves I've made in the last few years, opening a high-yield savings account last year would definitely be near the top. Not only was the account incredibly easy to open, but I've made more than $1,000 on my savings this year so far, thanks to earning a generous APY. Admittedly, I'm in the process of meeting a big savings goal , so you may not have as much saved cash as I currently do.

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Tacora to get C$75m DIP facility as part of CCAA proceedings

PE Hub

Tacora Resources is the owner and operator of the Scully Mine located near Wabush, Newfoundland and Labrador. The post Tacora to get C$75m DIP facility as part of CCAA proceedings appeared first on PE Hub.

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Is Recursion Pharmaceuticals Stock a Buy Now?

The Motley Fool

It has been a tumultuous year for the clinical-stage biotech Recursion Pharmaceuticals (NASDAQ: RXRX). Earlier this year, the company's shares skyrocketed after it announced a partnership with the tech giant Nvidia , but Recursion has since given up all these gains -- and then some. As of this writing, the company's stock is down by 8% since the year started.

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Sysco to acquire Vestar Capital-backed foodservice equipment provider Edward Don

PE Hub

J.P. Morgan and William Blair served as joint lead financial advisors to Edward Don and Vestar Capital. The post Sysco to acquire Vestar Capital-backed foodservice equipment provider Edward Don appeared first on PE Hub.

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3 Ways to Get Your Brokerage Account Balance to $50,000 by 30

The Motley Fool

Image source: Getty Images A $50,000 brokerage account balance might seem like the sort of thing you could attain by age 50. But believe it or not, you may be able to grow your balance to $50,000 much sooner than that -- by age 30, in fact. If your account balance is currently $0, you might assume that's impossible. But thankfully, it's not. If you follow these steps, you could easily end up sitting on $50,000 by the time your 30th birthday rolls around.

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Kain Capital-backed PERA taps Stevie as CEO

PE Hub

PERA is a manager of mid-sized regional hospice and palliative care providers. The post Kain Capital-backed PERA taps Stevie as CEO appeared first on PE Hub.

Capital 193
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Why Dialysis Stocks Plunged Today

The Motley Fool

What happened Shares of several major dialysis stocks plunged on Wednesday after Novo Nordisk (NYSE: NVO) indicated one of its diabetes treatments could also be used to treat chronic kidney disease. Dialysis products and services providers were broadly negative in early trading, including drops of around 19% each as of 12:00 p.m. EDT for DaVita (NYSE: DVA) , Outset Medical (NASDAQ: OM) , and Fresenius Medical (NYSE: FMS).

Returns 190
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TPG Rise Climate to buy TIC services firm AmSpec

PE Hub

The transaction is expected to close in the fourth quarter of 2023. The post TPG Rise Climate to buy TIC services firm AmSpec appeared first on PE Hub.

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Why Riot Platforms Stock Tumbled Today

The Motley Fool

What happened A new research report from a prominent bank shined a harsh light on Riot Platforms (NASDAQ: RIOT) Wednesday. The company, a Bitcoin miner, saw its share price erode by nearly 8% as a result. That performance contrasted unfavorably with that of the S&P 500 index, which was in positive territory with a 0.4% rise. So what That morning, a team of analysts at JPMorgan Chase initiated coverage of a set of Bitcoin mining stocks, among which was Riot Platforms.

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Apax snaps up Bazooka Candy Brands

PE Hub

The sellers are Michael D. Eisner’s Tornante Company and Madison Dearborn Partners. The post Apax snaps up Bazooka Candy Brands appeared first on PE Hub.

Companies 172
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Mubadala Plans to Invest $1bn a Year in Brazil

Private Equity Insights

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, is bullish on Brazil’s growth prospects under President Luiz Inacio Lula da Silva and plans to invest more than $1bn a year to expand its holdings in the country that range from an oil refinery to a toll road. More than a decade after coming to Brazil to invest in then-billionaire Eike Batista’s commodities empire, the firm has deployed more than $5 billion in the country, Oscar Fahlgren, the head of Mubadala Capital in

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Middleground appoints Speight as partner

PE Hub

He will be based in the firm’s Lexington, Kentucky headquarters. The post Middleground appoints Speight as partner appeared first on PE Hub.

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3 Ways to Enjoy Halloween 2023 on the Cheap

The Motley Fool

Image source: Getty Images In my house, Halloween is a big deal. And it's also not just a one-day event. Rather, my kids spend weeks planning for Halloween. And we routinely decorate our front porch and lawn with spooky stuff during the weeks leading up to Oct. 31. We also commonly attend our share of pre-Halloween events, from town-sponsored trunk-or-treat gatherings to parties and pop-up experiences.

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SK Capital to buy food and beverage ingredients firm J&K Ingredients

PE Hub

The seller is CORE Industrial Partners. The post SK Capital to buy food and beverage ingredients firm J&K Ingredients appeared first on PE Hub.

Capital 170
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Ozempic Is Moving a Bunch of Stocks Wednesday Morning

The Motley Fool

Stock markets looked poised to continue their winning ways on Wednesday morning, as stock index futures were higher across the board. Investors will get a look today at the latest thought process from the Federal Reserve when it releases the minutes of its most recent monetary policy committee meeting. They're hopeful that what they read will support the case for leaving interest rates alone when the central bank gathers for its next meeting.

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LDC-backed DSP acquires Canada’s Eclipsys Solutions

PE Hub

Eclipsys Solutions is an Ottawa-based certified Oracle cloud solutions provider. The post LDC-backed DSP acquires Canada’s Eclipsys Solutions appeared first on PE Hub.

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1 Beaten-Down Healthcare Stock to Buy and Hold For 10 Years

The Motley Fool

Equity markets tend to be volatile and unpredictable over short periods of one year or less. But over five years or more, things change. Indexes usually show sustained growth the more one zooms out. Of course, that doesn't mean every stock delivers excellent returns -- some pull the market up, while others drag it down. However, finding corporations in the former category and holding onto their shares for a long time can be one of the keys to increasing one's wealth on the stock market.

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Trivest appoints Gracer as ESG director

PE Hub

Gracer is based in Southern California. The post Trivest appoints Gracer as ESG director appeared first on PE Hub.

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You Can't Control Spin-Offs, but You Can Control What You Do About Them

The Motley Fool

Wall Street loves a growth story, which is why so many companies focus on rapid top- and bottom-line expansion. To achieve this, however, sometimes big changes are needed, like spinning off a business or two. That's the pitch behind the business split at Kellogg -- which is now Kellanova (NYSE: K) and WK Kellogg (NYSE: KLG) -- and Medtronic (NYSE: MDT) , which is looking to jettison two slower-growing businesses.