Wed.Aug 16, 2023

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Why VinFast Auto Stock Is Plunging Today

The Motley Fool

What happened A day after more than doubling in its market debut, VinFast Auto (NASDAQ: VFS) is giving back some of those gains. Shares of the Vietnamese electric vehicle maker traded down 25% on Wednesday morning as investors continue to sort out what this start-up is really worth. So what VinFast is a small electric vehicle manufacturer with large ambitions.

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Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1bn deal

Private Equity Insights

Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1bn, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Rhône made more than three times the money it invested in the restaurant operator, the sources said, requesting anonymity as the matter is confidential.

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Is Verizon Still a Great Dividend Stock?

The Motley Fool

Dividends are a terrific way to make income outside of your main jobs, and definitely once you're retired. Millions of people count on that quarterly check to make ends meet or as money for life's little extras. High-yielding Verizon Wireless (NYSE: VZ) is a battleground stock among income investors. It's followed by many, and most people have a strong opinion about it.

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RF aims to help law firms modernize with Nextpoint’s eDiscovery offerings

PE Hub

The legal sector is 'really behind on technology and historically been a slow technology adopter,' said RF Investment Partners' Jacob Gordon. The post RF aims to help law firms modernize with Nextpoint’s eDiscovery offerings appeared first on PE Hub.

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Is This a Sign Walgreens Boots Alliance Is Getting Desperate?

The Motley Fool

Walgreens Boots Alliance (NASDAQ: WBA) is a top pharmacy retailer that millions of Americans trust and rely on for groceries and prescriptions. It got a boost from COVID-19 vaccinations and the traffic that brought into its stores. Although that demand has largely evaporated now, the company has been pivoting to primary care in an effort to bring in more customers.

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Apollo’s impact investing co-head Marc Becker dies at 51

PE Hub

Becker joined Apollo in 1996. The post Apollo’s impact investing co-head Marc Becker dies at 51 appeared first on PE Hub.

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KKR on opportunities in testing and measurements; newbie Coalesce Capital makes first deal

PE Hub

Coalesce Capital makes inaugural investment in compliance firm. The post KKR on opportunities in testing and measurements; newbie Coalesce Capital makes first deal appeared first on PE Hub.

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Waiting to Buy Marijuana Stocks After Legalization Could Be a Costly Mistake

The Motley Fool

Cannabis is an industry that investors have been staying far away from for a while. A lack of any progress on federal marijuana legalization has led to some significant sell-offs. Since 2021, shares of Cresco Labs and Trulieve Cannabis are down about 88%. Curaleaf (OTC: CURLF) stock has cratered 77%. Green Thumb Industries has technically outperformed the sector, but investors aren't feeling great about its 73% decline, either.

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GTCR-backed Guideline taps Novick as CFO

PE Hub

Based in New York City, Guideline is a provider of media data and collaborative planning for advertising decisions. The post GTCR-backed Guideline taps Novick as CFO appeared first on PE Hub.

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Cathie Wood Says Software Is the Next Big AI Buying Opportunity -- And These 4 Stocks Are Set to Crush the Market

The Motley Fool

Artificial intelligence (AI) has already proven its ability to substantially increase productivity for businesses. According to Ark Investment Management, which is run by tech investor Cathie Wood, that productivity boost could add a whopping $200 trillion to global economic output by 2030. Investors have been feverishly buying shares of Nvidia to get in on the action because the company makes the most advanced semiconductors used in data centers to develop and train AI models.

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Coalesce Capital invests in compliance firm Examinetics

PE Hub

Freedom 3 Capital is an existing Examinetics shareholder. The post Coalesce Capital invests in compliance firm Examinetics appeared first on PE Hub.

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Tilray Is Expanding Its Alcohol Business, and That's a Good Move for the Company

The Motley Fool

Tilray Brands (NASDAQ: TLRY) has been diversifying its business over the years. While its core operations revolve around cannabis, it has four different segments that contribute to its top line, including alcohol. The craft brewing market is one that it has been focusing on of late because it not only diversifies the business but it gives the Canadian company a way to expand its U.S. operations.

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Maddix Capital scoops up masonry contractor AK Masonry

PE Hub

Maddix worked with Hillcrest Bank, a division of NBH Bank, to secure partial financing to complete the acquisition. The post Maddix Capital scoops up masonry contractor AK Masonry appeared first on PE Hub.

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Does Retiring Abroad Impact My Social Security?

The Motley Fool

Moving abroad can yield huge savings for retirees on everything from housing expenses to food costs. Perhaps that's why a growing number of Americans are choosing to retire outside the U.S. If you're considering an overseas move in retirement, you may wonder: Can I still get Social Security if I retire in another country? Let's break down how retiring abroad affects your Social Security payments.

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MDP-backed Navacord bags Condominium Insurance Solutions

PE Hub

With headquarters in Toronto, Navaccord is a multi-line insurance and risk management brokerage business. The post MDP-backed Navacord bags Condominium Insurance Solutions appeared first on PE Hub.

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Why Taiwan Semiconductor Is a Top Stock for Investors to Buy Today

The Motley Fool

The demand for semiconductors has skyrocketed in a world that continues to rely on technology for everything from communication to healthcare. However, despite solid secular tailwinds behind chip manufacturing, the industry is no stranger to cyclical downturns, and many companies have struggled to navigate the ebbs and flows of the volatile chip market.

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Bernhard Capital Partners recruits Plauche as operating partner

PE Hub

In this role, Plauche will work closely with portfolio company management teams to identify value creation and business optimization opportunities to drive long-term growth. The post Bernhard Capital Partners recruits Plauche as operating partner appeared first on PE Hub.

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Billionaire Bill Ackman Upped His Bet on Google Parent Alphabet. Here's Why That Could Be a Smart Move.

The Motley Fool

Some super-wealthy investors strongly believe in diversification. But not all of them. Bill Ackman is a good case in point. Ackman's net worth currently stands at $3.6 billion, according to Forbes. His Pershing Square Capital Management owns only eight positions. And two of them are Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , with the hedge fund holding both the class A shares and the class C shares.

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Blackstone-backed Sustana Group combines with Hanna Paper

PE Hub

Hanna Paper is a high-grade paper recycling company with headquarters in Toronto. The post Blackstone-backed Sustana Group combines with Hanna Paper appeared first on PE Hub.

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Will Apple Acquire Disney? Probably Not, and Here's Why

The Motley Fool

The rumors of an Apple (NASDAQ: AAPL) acquisition of Disney (NYSE: DIS) are flying, and they're fun to talk about. But Travis Hoium highlights in this video that a union between the two doesn't make much sense when you think about it. *Stock prices used were end-of-day prices of Aug. 12, 2023. The video was published on Aug. 15, 2023. 10 stocks we like better than Walt Disney When our analyst team has a stock tip, it can pay to listen.

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AST SpaceMobile scores $100m credit facility from Atlas Credit Partners

PE Hub

The financing will provide AST with additional resources to continue building a globally connected satellite-based cellular broadband telecommunications network. The post AST SpaceMobile scores $100m credit facility from Atlas Credit Partners appeared first on PE Hub.

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Why Marijuana Stock Cresco Labs Jumped Today

The Motley Fool

What happened One of the leading U.S. marijuana companies, multistate operator (MSO) Cresco Labs (OTC: CRLBF) , posted its latest set of quarterly earnings on Wednesday. Somewhat uncharacteristically, investors greeted this with enthusiasm, hardly a typical reaction to such events in the struggling weed sector. As a result, Cresco's share price closed the day almost 5% higher, a far better performance than the 0.8% slump of the S&P 500 index.

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Elliott heads single-asset process for Speyside’s Opta Group

PE Hub

The market for GP-led deals like single asset continuation funds continues to remain muted amid a gap between buyer and seller expectations. The post Elliott heads single-asset process for Speyside’s Opta Group appeared first on PE Hub.

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Why DLocal Stock Surged Higher on Wednesday

The Motley Fool

What happened Shares of DLocal (NASDAQ: DLO) were up 42% at 9:56 a.m. ET on Wednesday after the company delivered a better-than-expected second-quarter earnings report. The payment processor reported higher revenue and earnings per share than analysts expected, sending this beaten-down growth stock soaring off recent lows. So what A high valuation weighed on the stock last year, as revenue growth decelerated from triple-digit annual rates to 72% in 2022.

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TCW Group wraps up latest CLO at $400m

PE Hub

TCW CLO 2023-2, Ltd. is backed primarily by broadly syndicated first lien loans. The post TCW Group wraps up latest CLO at $400m appeared first on PE Hub.

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Why the $4,555 Max Social Security Benefit Is a Fantasy

The Motley Fool

Here are some key things to know about Social Security. For starters, it's not likely to come anywhere near replacing your pre-retirement income. Indeed, the average annual retirement benefit totals only about $22,000 as of June 2023. But the maximum Social Security benefit is far greater: $4,555 per month, or close to $55,000 annually. Unfortunately, it's difficult to qualify for that maximum payout.

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EY rejects TPG plan to break up Big Four firm

Private Equity Insights

EY is being offered yet another chance to break itself up. On Monday, the Financial Times reported that private equity firm TPG had approached EY about buying a stake in its consulting arm. The approach came just four months after the audit giant cancelled a plan to split itself in two, having failed to win over its U.S. partners. TPG’s offer, which the FT says did not include a valuation, highlights the enduring appeal for Big Four firms of separating their auditing and consulting units.

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"Motley Fool Money" Mailbag: Commercial Real Estate, Personal Finance, and International Investing

The Motley Fool

A motley collection of Fools from The Motley Fool answer listener questions. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Walmart When our analyst team has an investing tip, it can pay to listen.

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Apax Partners to Acquire Bubblegum maker Bazooka for $700m

Private Equity Insights

Private equity firm Apax Partners has agreed to buy Bazooka Candy Brands for around $700m, as first reported by the WSJ. This is a pretty sweet salvage job by the sellers, Madison Dearborn Partners and former Disney CEO Michael Eisner. Madison Dearborn and Torante in 2021 agreed to take the company via SPAC at a $1.3bn valuation, when it still included the Topps trading cards and collectables business.

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Why Fannie Mae Stock Was Up Big Today

The Motley Fool

What happened Shares of the Federal National Mortgage Association (OTC: FNMA) were surging on Wednesday, up about 18.8% as of 2:15 p.m. ET. The over-the-counter (OTC) security, also known as Fannie Mae, is trading at around $0.59 per share and is up some 68% year to date. The markets were trending lower on Wednesday as the S&P 500 index fell 14 points (0.3%), the Dow Jones Industrial Averag e dropped 57 points (0.1%), and the Nasdaq Composite plunged 80 points (0.6%) as of 2:15 p.m.

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Which Drivers Have the Strongest Impact and What Measures Are Companies Taking in Response

Private Equity Insights

Companies still under pressure – many lag far behind their plans ●Survey and empirical study with 462 experts on the topic of business transformation ●Polycrisis has an impact: companies focus on cost-cutting and pause their innovation and transformation projects ●Project success rate: plan and actual are drastically divergent Hamburg, June 6, 2023, the study #SHIFTHAPPENS initiated by the Hamburg-based software company Nordantech paints a rather bleak picture for Germany in the year 2023.

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Analysts Bet Big on Nvidia's Artificial Intelligence (AI) -- Is a 58% Revenue Surge Ahead?

The Motley Fool

In today's video, I discuss whether Nvidia (NASDAQ: NVDA) can meet analysts' extremely high expectations for this year's revenue growth. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Aug. 15, 2023. The video was published on Aug. 15, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

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Bridgepoint, CVC Capital Partners and KKR All in the Running for a 25% Stake in the Bundesliga International Broadcast Rights Valued at $2.2bn

Private Equity Insights

The German Football League (DFL) is prepared to revive private equity investment talks as the organisation continues to explore growth opportunities for the Bundesliga The DFL’s long-running private equity saga initially began in 2021, with Bridgepoint, CVC Capital Partners and KKR all reportedly in the running for a 25 per cent stake in the Bundesliga organiser’s international broadcast rights business, which was expected to value it at roughly €2bn (US$2.2bn).

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Planning to Retire in 5 Years? Do These 5 Things First

The Motley Fool

If you're planning to retire in around five years, congratulations! You're approaching an incredible milestone and about to enter a great next stage in your life's journey. Yet as awesome as a well-executed retirement may be, it's certainly a life change that you'll want to prepare for in order to have your best shot of making it through it successfully.

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