Wed.Oct 18, 2023

article thumbnail

Tesla Earnings: 7 Metrics You Should See

The Motley Fool

Tesla (NASDAQ: TSLA) stock is down 3% in after-hours trading on Wednesday as of 6:13 p.m. ET, following the electric-vehicle (EV) pioneer's release of its third-quarter 2023 results. The stock's decline is largely attributable to the fact that the quarter's revenue and earnings both missed Wall Street's consensus estimates. The following is an overview of Tesla's third quarter, centered on seven key metrics. 1.

article thumbnail

Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet

PE Hub

KPA is a provider of environmental health and safety and sales finance and insurance solutions. The post Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet appeared first on PE Hub.

Financing 223
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

1 Excellent Retirement Savings Account You'll Wish You'd Opened Sooner

The Motley Fool

Are you one of the millions of U.S. residents doing some sort of side work to supplement your regular income? Or perhaps a "gig" job is your primary source of income. Maybe you're a contractor with just one customer. Nearly half of all Americans are doing something on the side to make extra money. And it's important to understand this alternative employment doesn't exclude you from retirement savings options that most conventional corporate employees have.

article thumbnail

Prospect Hill-backed Motis Brands scoops up Cargo Equipment Corporation

PE Hub

Based in Germantown, Wisconsin, Motis Brands is a manufacturer and distributor of brands. The post Prospect Hill-backed Motis Brands scoops up Cargo Equipment Corporation appeared first on PE Hub.

Prospects 199
article thumbnail

What ASML, AMD, and Nvidia Stock Investors Should Know About Recent Semiconductor Updates

The Motley Fool

In today's video, I discuss recent updates impacting ASML Holdings (NASDAQ: ASML) , Advanced Micro Devices (NASDAQ: AMD) , Nvidia (NASDAQ: NVDA) , and other semiconductor companies. 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 Oct. 18, 2023. The video was published on Oct. 18, 2023. 10 stocks we like better than ASML When our analyst team has a stock tip, it can pay to listen.

Investors 245
article thumbnail

Paceline-backed AHF Products scoops up porcelain tile manufacturer Crossville

PE Hub

Headquartered in Mountville, Pennsylvania, AHF operates 12 manufacturing plants. The post Paceline-backed AHF Products scoops up porcelain tile manufacturer Crossville appeared first on PE Hub.

199
199

More Trending

article thumbnail

BlueFlame launches generative AI platform for alternative assets industry

PE Hub

Many private equity firms have begun using ChatGPT and generative AI. The post BlueFlame launches generative AI platform for alternative assets industry appeared first on PE Hub.

Assets 194
article thumbnail

Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

The Motley Fool

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. With violence raging in Eastern Europe and the Middle East, Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative, the trillion-dollar Belt and Road Initiative (BRI), as a pathway toward global unity.

Debt 245
article thumbnail

Robert Olsen to join Nicola Wealth as private capital vice chair

PE Hub

Olsen will be joining the Nicola Wealth Private Capital Team, where he will be responsible for scaling the existing private capital function and developing and growing the team. The post Robert Olsen to join Nicola Wealth as private capital vice chair appeared first on PE Hub.

Capital 194
article thumbnail

Why Lithium Americas Corp. Dived 10% Lower on Wednesday

The Motley Fool

Lithium Americas Corp. (NYSE: LAC) , which focuses its efforts on mining a key element used in moden batteries, didn't produce much of a charge on Hump Day. The company's share price fell by over 10% following an analyst's recommendation change. That rate compared most unfavorably to the 1.3% dip of the S&P 500 index on the day. Lithium Americas earns a recommendation downgrade The analyst in question was Corinne Blanchard of veteran financial services company Deutsche Bank (NYSE: DB).

Assets 244
article thumbnail

Corsair-backed Oakbridge closed 25 acquisitions before sale to Audax

PE Hub

Oakbridge Insurance Agency was formed through the combination of four insurance brokerages in 2020. The post Corsair-backed Oakbridge closed 25 acquisitions before sale to Audax appeared first on PE Hub.

193
193
article thumbnail

CVC Capital Partners in Talks to Buy European Payments Firm Nexi for $9.4bn

Private Equity Insights

Nexi SpA jumped as much as 19% after people with knowledge of the matter said CVC Capital Partners is in the early stages of considering a potential bid for European payments firm. The buyout group has been evaluating Nexi for some time, the people said, asking not to be identified because the information is private. Shares in Nexi hit an intraday record in early trading on Wednesday.

Capital 147
article thumbnail

Providence invests in sports and entertainment venue architectural firm Populous Holdings

PE Hub

Populous will continue to be led by one of its founders and global chair, Earl Santee, and its existing leadership. The post Providence invests in sports and entertainment venue architectural firm Populous Holdings appeared first on PE Hub.

Investing 187
article thumbnail

How the Heck Did Schwab's Net Interest Income Fall 23% Last Quarter?

The Motley Fool

Broadly speaking, higher interest rates are supposed to be beneficial to the financial sector. A handful of big banks reported sizable increases in last quarter's net interest income, for instance, thanks to the wider profit margins on loans made at elevated interest rates. However, brokerage firm Charles Schwab (NYSE: SCHW) hasn't been able to cash in on this trend.

article thumbnail

ASC picks up Brown’s Medical Imaging

PE Hub

Chad Brown, president of Brown's Medical Imaging, will continue to lead the company. The post ASC picks up Brown’s Medical Imaging appeared first on PE Hub.

Companies 194
article thumbnail

This Ridiculously Cheap Warren Buffett Stock Could Make You Richer

The Motley Fool

With nothing more than a glance at the stock's recent performance, it's easy to presume the worst for Kraft Heinz (NASDAQ: KHC). Its shares are 30% below their mid-2022 peak and down nearly 70% from their 2017 high -- and knocking on the door of new 52-week lows. That's far worse than most other stocks have fared over these time frames. Still, there's a reason Warren Buffett's Berkshire Hathaway is still holding the 325.6 million shares of this food giant it's been sitting on since 2015 -- and i

article thumbnail

Corsair outlines strategy for Oakbridge Insurance exit, GenNx360 runs single-asset process on PAG

PE Hub

Providence backs sports and entertainment venue architectural firm Populous Holdings. The post Corsair outlines strategy for Oakbridge Insurance exit, GenNx360 runs single-asset process on PAG appeared first on PE Hub.

Assets 183
article thumbnail

Is Costco Stock a Buy Now That It Competes With CVS and Walgreens?

The Motley Fool

Now that Costco Wholesale (NASDAQ: COST) is offering certain primary care services to its members, CVS Health and Walgreens Boots Alliance have a new competitor on the block. While its entry into yet another healthcare domain is unlikely to lead to a windfall overnight, it's undeniable that Costco's gargantuan scale and proven history of profitably catering to the whims of its customers imply good odds of its success in the long term.

article thumbnail

HarbourVest recruits Teeple as managing director

PE Hub

In this role, he will be responsible for all aspects of credit specific operational functions and work closely with the credit leadership as the business continues to grow. The post HarbourVest recruits Teeple as managing director appeared first on PE Hub.

175
175
article thumbnail

Upstart Is Great. Here's Why You Shouldn't Buy the Stock.

The Motley Fool

Investors should focus on the long term when considering stocks they want to own. But they also can't ignore the realities of what's happening around the economy right now. Take artificial intelligence (AI) lender Upstart (NASDAQ: UPST) , for example. There are several reasons to like the stock as an investment over the next five years and beyond. But investors should pump the brakes and avoid buying the stock today.

Banks 130
article thumbnail

Sagard PE-backed Lou-Tec picks up Torcan Lift Equipment

PE Hub

Torcan Lift Equipment is a North York, Ontario-based aerial lift rental company. The post Sagard PE-backed Lou-Tec picks up Torcan Lift Equipment appeared first on PE Hub.

Companies 177
article thumbnail

Nasdaq Bear Market: 3 Stocks to Buy at a Discount

The Motley Fool

Last year's downturn hit the Nasdaq Composite hard -- much more so than the two other major U.S. indexes. It has roared back this year, but there remain plenty of Nasdaq equities lagging the broader market that could deliver excellent returns over the long run. Here are three examples: PayPal Holdings (NASDAQ: PYPL) , Etsy (NASDAQ: ETSY) , and Match Group (NASDAQ: MTCH).

Prospects 130
article thumbnail

KKR acquires manufacturer Circor in take-private deal

PE Hub

The purchase price was $56 per share. The post KKR acquires manufacturer Circor in take-private deal appeared first on PE Hub.

210
210
article thumbnail

Why Terex Stock Crashed 10% This Morning

The Motley Fool

Terex (NYSE: TEX) stock tumbled 10.3% through 9:50 a.m. ET on Wednesday morning after the manufacturer of aerial work platforms and telehandlers announced that its CEO, John Garrison, will retire from the company on Jan. 1, 2024. Adding to investor worries, Terex issued new guidance that, while better than the previous guidance, was still not as great as what Wall Street was predicting.

Debt 130
article thumbnail

Prudent Growth Partners buys Florida shopping mall Wells Landing

PE Hub

The purchase price was $3.2 million. The post Prudent Growth Partners buys Florida shopping mall Wells Landing appeared first on PE Hub.

199
199
article thumbnail

Best Stocks to Buy Now: Is ASML Stock a Buy After Earnings?

The Motley Fool

In this video, I will talk about ASML 's (NASDAQ: ASML) third-quarter earnings report, which met the company's expectations. But management issued a warning for 2024 that might scare short-term investors. I'll explain why long-term investors should be looking to buy any weakness in the stock. *Stock prices used were from the trading day of Oct. 17, 2023.

Investors 130
article thumbnail

Stone-Goff taps Fozzard as VP, business development head

PE Hub

In this role, Fozzard will be responsible for leading SGP’s origination efforts focused on investment opportunities in coordination with Stone-Goff’s senior deal-team professionals. The post Stone-Goff taps Fozzard as VP, business development head appeared first on PE Hub.

Investing 146
article thumbnail

Nvidia Faces Regulation Challenges: From Gaming's 4090 to AI's H100

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). 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 Oct. 18, 2023. The video was published on Oct. 18, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

Returns 130
article thumbnail

PEP partners with Mirvac to acquire Serenitas for $1bn

Private Equity Insights

Pacific Equity Partners has agreed terms to acquire lifestyle communities business Serenitas, put up for sale by investment bank Goldman Sachs earlier this year. Sources said PEP has partnered with ASX-listed Mirvac Group to buy the business, which comprises a portfolio of lifestyle communities around the country, including the Western Australian National Lifestyle Villages brand, Thyme Lifestyle Resorts and National Lifestyle Villages.

article thumbnail

You Have Less Than 3 Months to Make This Important Tax Move

The Motley Fool

Image source: Getty Images Taxes are an unavoidable expense for working Americans. And heck, even retirees without jobs have tax bills to cover. But just because you have to pay taxes doesn't mean you can't take steps to keep yours as low as possible. And there are different ways to go about that. Read more: we researched free tax software and put together a list of the best options here For one thing, you could be strategic about claiming the right credits and deductions on your tax return.

Taxes 130
article thumbnail

Apax Partners to Take Kin + Carta Private in £203m Deal

Private Equity Insights

The board of digital transformation firm Kin + Carta plc has agreed a £203m private equity takeover approach. Kelvin UK Bidco Limited, a newly formed company owned indirectly by funds advised by Apax Partners, offered 110p in cash per share, representing a premium of approximately 41% to the closing price of 78p at the close on Tuesday 17th October.

article thumbnail

The Fatalist U.S Consumer

The Motley Fool

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. Are Americans literally going to shop until they drop? Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

Debt 130
article thumbnail

KKR Completes $1.6bn Acquisition of CIRCOR

Private Equity Insights

CIRCOR International, Inc. (“CIRCOR” or the “Company”), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced the successful completion of its acquisition by investment affiliates of KKR for $56.00 per share. As a result of the completion of the transaction, CIRCOR common stock has ceased trading and will no longer be listed on the New York Stock Exchange.

article thumbnail

4 Little-Known Perks of Shopping Halloween Sales Early

The Motley Fool

Image source: Getty Images Halloween will be here before you know it, and now is the perfect time to get your shopping done well before the holiday arrives. Doing your shopping within the next few days could be a win for your personal finances. Many retailers are running early Halloween sales that could result in significant savings. Find out why you may want to shop the early Halloween sales now. 1.

Financing 130