The Motley Fool

OCTOBER 25, 2023

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. When Caroline Ellison started her job at crypto hedge fund Alameda Research in 2018, she found a firm in disarray long before its implosion. The former chief executive of Alameda and star witness in the trial of her boss and former romantic partner, FTX co-founder Sam Bankman-Fried, described how she and her colleagues wer

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Hedge Funds Banks Capital Accounting 246

PE Hub

OCTOBER 25, 2023

Globalia is a Saint-Lambert, Quebec-based digital agency specializing in inbound marketing, sales automation, digital transformation and e-commerce. The post American Discovery Capital’s SmartBug Media acquires Globalia appeared first on PE Hub.

Capital 235

Capital 235

The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images I'm a very goal-oriented person, and this is a quality that has persisted in me through all the circumstances and many (MANY) changes I've seen over my nearly four decades of life. As I write this, I'm feeling extremely proud of myself for meeting the biggest savings goal I've ever set. Last year, I decided that I wanted to save $50,000 to buy a home in 2024, and I have officially hit the target.

Banks 246

Banks Taxes Accounting Debt 246

Private Equity Info

OCTOBER 25, 2023

Learn how our M&A research database can accelerate your deal flow. Find answers to common questions about our powerful tools, data accuracy, and personalized customer service. Schedule a demo today!

Deal Flow 219

Deal Flow 219

The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images If you are in the process of applying for a mortgage loan , it's very important to be smart about how you use your credit cards. That's because your behavior with those credit cards could affect whether you get a loan -- as well as how much you have to pay for it. In particular, there are a few key things you need to do to make sure your credit habits don't affect your efforts to buy a home with an affordable home loan.

Debt 246

Debt 246

PE Hub

OCTOBER 25, 2023

Precipart was founded in 1950 by the Laubscher family, who will retain a significant minority ownership stake in the company. The post KKR to invest in machining manufacturer Precipart appeared first on PE Hub.

Investing 218

Investing Stakes Companies 218

PE Hub

OCTOBER 25, 2023

Churchill Asset Management and Oaktree Capital provided the financing for the deal. The post Ridgemont recaps power and infrastructure company National Power appeared first on PE Hub.

Companies 210

Companies Asset Management Financing Finance 210

The Motley Fool

OCTOBER 25, 2023

Shares of Automatic Data Processing (NASDAQ: ADP) fell 9.2% on Wednesday after the human resources management software and services company announced mixed quarterly results (relative to Wall Street's expectations) to kick off its new fiscal year. Automatic Data Processing's strong quarter wasn't strong enough For its fiscal first quarter of 2024 (ended Sept. 30, 2023), revenue grew 7% year over year to $4.51 billion, translating to an 11% increase in non-GAAP (adjusted) net income to $860 milli

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Funds Returns Companies Investors 189

PE Hub

OCTOBER 25, 2023

KKR is investing in machining manufacturer Precipart. The post KKR, with new fund, sees growth-tech opportunities; K1 runs continuation fund deal on 3 assets, including ReThink appeared first on PE Hub.

Assets 208

Assets Funds Investing 208

The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images Receiving passive income is when you don't have to lift a finger and can still earn money. As someone who lived paycheck to paycheck for years and dangled over a proverbial cliff with my finances for most of my adult life, getting to watch my money earn money for me is a new experience. But as I write this, I've earned $1,371.32 in passive income so far this year.

Banks 130

Banks Accounting Taxes Debt 130

PE Hub

OCTOBER 25, 2023

Faegre Dinker Biddle & Reath acted as legal counsel to HSE while DLA Piper LLP acted as legal counsel to Upstream Tech. The post Upstream Tech inks investment from Hull Street Energy appeared first on PE Hub.

Legal 202

Legal Investing 202

The Motley Fool

OCTOBER 25, 2023

Why Vicor's stock plummeted Shares of power module manufacturer Vicor (NASDAQ: VICR) crashed hard on Wednesday. As of 1 p.m. ET, the stock was down 28.1% from Tuesday's closing price. The company reported solid third-quarter results on Tuesday evening, but many investors hit the sell button due to signs that sales would be weaker in the next few quarters.

Prospects 130

Prospects Returns Companies Investors 130

PE Hub

OCTOBER 25, 2023

The plan is to increase the size of CDPQ assets entrusted to Quebec fund managers to as much as C$8 billion by 2028. The post CDPQ to double the size of assets entrusted to Quebec fund managers appeared first on PE Hub.

Assets 196

Assets Funds 196

The Motley Fool

OCTOBER 25, 2023

Shares of Meta Platforms (NASDAQ: META) slipped on Wednesday, falling as much as 3.4%. As of 1:30 p.m. ET, the stock was still down 3.2%. The broader market's downdraft no doubt helped propel that decline, but the key catalyst that sent the social media titan lower was a new federal lawsuit. New legal troubles Reports emerged late Tuesday that California's attorney general -- along with the attorneys general of 33 other states and the District of Columbia -- had filed a lawsuit in federal court

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Legal Investors Returns Companies 130

PE Hub

OCTOBER 25, 2023

The joint venture will initially focus on new loan originations and debt refinancing exclusively in the hospitality space within primary and secondary markets throughout the U.S. The post Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform appeared first on PE Hub.

Capital 195

Capital Debt 195

The Motley Fool

OCTOBER 25, 2023

It's easy for many investors who aren't all that connected to the world of crypto to focus in on only the large-cap tokens (you know, the ones that most would argue are the only projects that matter). However, over the past week, specific altcoins have really outperformed, with Chainlink (CRYPTO: LINK) seeing incredible price appreciation of roughly 50%.

Investors 130

Investors Returns Investing 130

PE Hub

OCTOBER 25, 2023

President and Chief Operating Officer Joe Lewis will continue to lead Famous Brands Franchising. The post Pearl Street Equity buys Mrs. Fields and TCBY parent company Famous Brands Franchising appeared first on PE Hub.

Companies 194

Companies 194

The Motley Fool

OCTOBER 25, 2023

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. It is starting to get truly tiresome how many financial shenanigans seem to devolve into finger pointing over who bought too much Chanel or Louis Vuitton. This time, it comes in the form of the curious case of John Paulson of " The Greatest Trade Ever " fame, who is suing a former business partner tasked with running an in

Hedge Funds 130

Hedge Funds Taxes Funds Companies 130

PE Hub

OCTOBER 25, 2023

Former CEO and founder Mike Dunn is now serving as executive vice president of business development and vice chairman of the board. The post Gryphon-backed VIP promotes Moore to CEO appeared first on PE Hub.

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The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images If you've ever toyed with going vegan, you may be worried about whether you can afford it. Oxford University researchers found that a vegan diet can actually reduce your food budget by as much as one third, assuming you're eating whole foods and you're not dining out. But plant-based meat substitutes can be over 300% more expensive than regular meat.

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Returns Financing Finance 130

PE Hub

OCTOBER 25, 2023

Wellington Management CLO 1 Ltd is backed primarily by broadly syndicated first lien loans. The post Wellington prices debut CLO at $405.6m appeared first on PE Hub.

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The Motley Fool

OCTOBER 25, 2023

Shares of cloud and artificial intelligence (AI)-related software stocks C3.ai (NYSE: AI) , Salesforce (NYSE: CRM) , and Datadog (NASDAQ: DDOG) were plunging today, down 6%, 3.6%, and 6.5%, respectively, as of 3:03 p.m. ET. There wasn't any material news for these individual stocks today, although two of them did receive lukewarm reviews from analysts earlier this week.

Companies 130

Companies Investors Returns Investing 130

PE Hub

OCTOBER 25, 2023

The fourth installment of Disruption Matters season two focuses on creating topline growth in a volatile era. The post PODCAST: Delivering growth against the odds appeared first on PE Hub.

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The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images Many people are fortunate enough to have health insurance coverage through their jobs. But if you're not in that boat, then it's important you put coverage in place independently. Otherwise, you might end up having to raid your savings account or rack up a giant credit card tab if you have an illness or injury that requires costly treatment.

Accounting 130

Accounting Taxes Companies 130

PE Hub

OCTOBER 25, 2023

Based in West Palm Beach, Florida, Security 101 is a national provider of full-service commercial security solutions. The post Gemspring-backed Security 101 scoops up Advance Security Integration appeared first on PE Hub.

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The Motley Fool

OCTOBER 25, 2023

Image source: Getty Images If you have an Amazon Prime membership, the Prime Visa is currently offering a $150 Amazon gift card instantly upon approval. After you apply and your application is approved, the gift card is loaded to your account. It's a valuable welcome offer from one of the top store credit cards. I have the card, and it's what I use for all my Amazon spending.

Debt 130

Debt Accounting Companies 130

PE Hub

OCTOBER 25, 2023

YEB is a youth activities platform. The post Roark-backed YEB acquires music education provider School of Rock appeared first on PE Hub.

Education 196

Education 196

The Motley Fool

OCTOBER 25, 2023

Shares of Snap (NYSE: SNAP) initially climbed as much as 12% early Wednesday after the company posted strong quarterly results. But then the stock gave up its gains into the afternoon, trading down 4.4% as of 3:30 p.m. ET after management warned of potential weakness in the ad market toward the end of this year. Snap returns to revenue growth. Snap's third-quarter 2023 revenue climbed 5% year over year, to $1.189 billion -- notably returning to year-over-year revenue growth after two quarters of

Leveraging 130

Leveraging Accounting Returns Companies 130

PE Hub

OCTOBER 25, 2023

Kevin Prunty will lead it and serve as senior managing director. The post LongWater unveils private credit and capital solutions strategy appeared first on PE Hub.

Capital 172

Capital 172

The Motley Fool

OCTOBER 25, 2023

Satellite-telephone specialist AST SpaceMobile 's (NASDAQ: ASTS) share price disobeyed gravity on Wednesday, rising to close 1.7% higher. That was on the back of a small but encouraging set of preliminary quarterly results released by the company that morning. By contrast, the S&P 500 index fell on the day, slumping 1.4%. AST's third quarter should be better than the same period of 2022 For its third quarter, the relatively early-stage AST is estimating that the company will post non- GAAP (

Capital 130

Capital Companies Returns Investors 130

PE Hub

OCTOBER 25, 2023

RMA is a provider of professional services in environmental consulting, geosciences, and materials testing and inspection for critical public and private infrastructure assets. The post OceanSound-backed RMA Companies acquires testing services provider Big Apple Group appeared first on PE Hub.

Companies 158

Companies Professional Services Consultants Consulting 158

The Motley Fool

OCTOBER 25, 2023

Boyd Gaming (NYSE: BYD) stock suffered big sell-offs Wednesday. The gambling specialist's share price ended the daily trading session down 11%, according to data from S&P Global Market Intelligence. Boyd Gaming published third-quarter earnings results after the market closed on Tuesday, posting earnings for the period that fell short of the market's targets.

Debt 130

Debt Investors Companies Returns 130

PE Hub

OCTOBER 25, 2023

The firm's Next Generation Technology Growth Fund III closed at approximately $3bn. The post KKR’s Stephen Shanley: Accelerated digital transformation enhancing investment opportunities appeared first on PE Hub.

Investing 147

Investing Funds 147

The Motley Fool

OCTOBER 25, 2023

In this video, I will go over Meta Platform 's (NASDAQ: META) third-quarter earnings report. The company reported a big beat on top and bottom lines as well as guidance, and the market is loving it. *Stock prices used were from the trading day of Oct. 25, 2023. The video was published on Oct. 25, 2023. 10 stocks we like better than Meta Platforms When our analyst team has a stock tip, it can pay to listen.

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Investors Returns Companies Investing 130