Sat.Dec 09, 2023

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Here's the Average Social Security Benefit at Age 68

The Motley Fool

For most Americans, Social Security provides a financial foundation during their golden years. More than two decades of annual surveys from national pollster Gallup have shown that as many as 90% of then-current retirees lean on their monthly Social Security benefit to cover at least a portion of their expenses. The same holds true for future generations of retired workers.

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Denham Capital and Clairmont Capital Partners-Backed Endeavor Energy explores $30bn sale

Private Equity Insights

Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at between $25bn and $30bn, according to people familiar with the matter. The sale would come almost 45 years after Texas oilman Autry Stephens started the company that would become Endeavor. The 85-year-old wildcatter has decided to capitalize on a wave of mega deals sweeping the sector, the sources said.

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3 Huge Social Security Changes Coming in 2024 That Seniors Must Know

The Motley Fool

Tens of millions of seniors rely on Social Security to make ends meet. About 88% of retirees said Social Security is a significant source of income in retirement, with a rising portion of those saying it was a major source, according to an annual Gallup poll. Unfortunately, the future of Social Security is becoming increasingly uncertain. The most recent Social Security Trustee's Report estimates the fund's cash reserves will run out by 2034, a year earlier than previously expected.

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Blackstone Leads $1bn Private Loan Package for Permira’s GGW Buyout

Private Equity Insights

Blackstone Inc. is leading a €950m ($1bn) loan package to back Permira’s buyout of Gossler, Gobert & Wolters, people with knowledge of the matter said. Permira agreed to buy the German insurance broker from Hg on Friday, the people said, asking not to be identified discussing confidential information. Other lenders supporting the transaction include Goldman Sachs Asset Management and Hayfin Capital Management.

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Should You Buy Archer Aviation Stock While It's Below $10?

The Motley Fool

Archer Aviation (NYSE: ACHR) manufactures electric vertical takeoff and landing (eVTOL) aircraft, less formally known as air taxis. It's an industry that's in its infancy, and only time will tell whether this market "takes off" (pun fully intended). Wagering on eVTOL stocks is highly speculative and involves high risk in the quest of substantial potential rewards.

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MiB: Joel Tillinghast, Fidelity’s Legendary Fund Manager

The Big Picture

 This week, we speak with investing legend Joel Tillinghast. He has been a mutual fund manager in the equity division at Fidelity Investments since the 1980s. Tillinghast launched Fidelity’s Low-Priced Stock (FLPSX) in 1989, and has trounced the averages ever since. Since inception, FLPSX has annually beaten the S&P 500 by over 3% and the Russell 2000 by over 4%.

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Yoii Closes $5.5M Series A Funding

FinSMEs

Yoii, a Tokyo, Japan-based company providing a revenue-based financing (RBF) platform, raised $5.5M in Series A funding. The round, which brought the total amount to $9.5M, was led by Emellience Partners, with participation from Itochu Technology Ventures, FFG Venture Business Partners, and five other existing investors. The company intends to use the funds to expand […] The post Yoii Closes $5.5M Series A Funding appeared first on FinSMEs.

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Here's the 1 Social Security Change in 2024 That's Going to Hurt the Worst

The Motley Fool

The only constant in life is change. The Greek philosopher Heraclitus noticed this fact close to 2,500 years ago. And it's still true today -- even with the Social Security program. Several key adjustments are on the way next year with the popular federal program. Change can be good, but not always. Here's the one Social Security change in 2024 that's going to hurt the worst.

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Pimento Raises €3M in Funding

FinSMEs

Pimento, a Paris, France-based company providing generative AI systems, raised €3M in funding. The round was led by Partech and Cygni Capital, alongside many business angels such as Julien Chaumond, Stanislas Polu, Thibaud Elzière, Jean-Charles Samuelian, Igor Manceau, Jonathan Widawski, Alessandro Sabatelli ou Nicolas Steegmann. The company intends to use the funds to continue to […] The post Pimento Raises €3M in Funding appeared first on FinSMEs.

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Is This Growing Dividend Stock About to Triple in 2024?

The Motley Fool

There's been some doom and gloom surrounding Detroit automaker General Motors (NYSE: GM). It hit a massive speed bump with its autonomous robotaxi start-up, Cruise, when California regulators deemed the cars unsafe for roads. Warren Buffett also exited his remaining position in the company, potentially bringing doubts about the company to the surface.

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How Liontrust’s decade of dealmaking came unstuck

Financial Times M&A

The UK asset manager is being ejected from the FTSE 250 after billions in outflows and losing half its market value

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Heat Your Home for Less: Top Tips to Lower Your Heating Bills

The Motley Fool

Image source: Getty Images When you rent a home, you may be able to sign a lease that has your landlord paying for your heat. When you own a home, however, those heating bills are on you to cover. And they have the potential to get very expensive. If you're looking to lower your heating costs this winter, here are a few tips worth employing. 1. Get your heating system serviced The cost of a maintenance appointment for your heating system will hinge on different factors, including where you live

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France’s Saint-Gobain hunts for fresh acquisitions as part of sustainability push

Financial Times M&A

Construction group looks for deals outside Europe as it invests in chemicals to reduce concrete emissions

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Here's the Average Social Security Benefit at Age 62

The Motley Fool

Thinking about collecting your Social Security retirement benefits at age 62? You're not alone. Nearly one in four people opt to receive their benefits at the earliest age possible, according to the Social Security Administration (SSA). There are several pluses associated with retiring early. You can have more time to spend on hobbies, traveling, and visiting with friends and family.

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KKR announces initial result of the voluntary public takeover offer for OHB SE – Additional acceptance period to run until 3 November

KKR

20 October 2023 - Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the result of the voluntary public takeover offer for the shares (ISIN: DE0005936124) of OHB SE (“OHB”) at the end of the acceptance period.

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3 Top Stocks to Buy Before 2024

The Motley Fool

With a new year fast approaching, it's a good time for investors to evaluate their portfolios and make adjustments to position themselves for better returns over the long term. If your investments need some timely ideas to juice performance, you're in the right place. Three Motley Fool contributors recently picked three promising candidates that could produce excellent returns over the next few years.

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KKR to Invest in Precipart to Accelerate Growth

KKR

KKR to support organic and inorganic growth to enhance Precipart’s leadership position as a provider of highly engineered precision components NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, announced today that it has agreed to invest in Precipart (the “Company”), a leading contract manufacturer of precision components for the medical device and aerospace industries.

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Got $1,000? Here's 1 E-Commerce Stock to Buy in December. Hint: It's Not Amazon.

The Motley Fool

One of the best performing stocks in recent history is e-commerce behemoth Amazon. If you had invested $1,000 following the company's initial public offering (IPO) you would have $1.5 million today, assuming you held onto your position. Returns like this are few and far between, and the opportunity to create generational wealth does not often appear obvious.

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Clinisupplies Acquires Aquaflush TAI Portfolio to Continue Building a Leading Chronic Care Organisation

KKR

LONDON--(BUSINESS WIRE)-- Clinisupplies Limited (“Clinisupplies”), a leading manufacturer and supplier of continence care consumables, today announced the acquisition of the Aquaflush transanal irrigation (“TAI”) business from Renew Medical Inc. and Renew Medical UK Limited, a US and UK manufacturer of continence products (together “Renew”). The acquisition of the Aquaflush TAI range will.

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2 Incredible Stocks You'll Regret Not Buying Before 2023 Is Over

The Motley Fool

As 2024 gets closer, investors need to take a hard look at their portfolios and decide which stocks should be sold. They also need to consider which stocks aren't in there that should be. To me, if you don't have Taiwan Semiconductor Manufacturing (NYSE: TSM) or Adobe (NASDAQ: ADBE) in your portfolio, you should consider adding them. Each is the most dominant company in its industry, and both have massive tailwinds blowing in their favor.

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KKR to Invest $400 Million in Leading Neutral Subsea Telecommunications Cable Services Provider OMS Group

KKR

Transaction builds on KKR’s strong momentum in Southeast Asia digital infrastructure SINGAPORE--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, today announced the signing of definitive agreements under which KKR will commit $400 million in a tailored.

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One Simple Decision Earned Me an Additional $5,000 This Year

The Motley Fool

Image source: Getty Images At the beginning of 2023, I added more freelancing work into my regular work routine. I've been a full-time freelancer for over a decade, but I wanted to add a few additional clients through a gig work platform to improve my personal finances. I landed several repeat clients within several months and had a few one-time assignments.

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KKR Announces Completion of Acquisition of Simon & Schuster from Paramount

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global (NASDAQ: PARA, PARAA) in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S.

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3 Great Foreign Companies to Invest in Right Now

The Motley Fool

Not all stocks traded on U.S. exchanges are actually U.S. companies. In fact, some of the most successful stocks on the market are foreign, but they see the U.S. as a place to raise funds and get exposure to another class of investor. If you're looking for foreign companies to own, Spotify (NYSE: SPOT) , MercadoLibre (NASDAQ: MELI) , and Taiwan Semiconductor (NYSE: TSM) stand a cut above the rest. 1.

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KKR & Co. Inc. Reports Third Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

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These Cryptocurrencies Are Rising From the Ashes -- and They're a Screaming Deal

The Motley Fool

It's safe to say that 2022 was one of the worst years in recent memory for the crypto market. Terms like "crypto winter" and "financial contagion" went mainstream, and every month seemed to bring a new scandal or controversy, finally capping off with the spectacular collapse of cryptocurrency exchange FTX in November. So, it was no surprise that many cryptocurrencies were down 80% or more for the year.

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KKR announces final result of the voluntary public takeover offer for all outstanding shares of OHB SE

KKR

8 November 2023 - Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the final result of the voluntary public takeover offer to shareholders of OHB SE (ISIN: DE0005936124, “OHB”).

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Up 330% in 2023, Coinbase Stock Is Still a Great Buy

The Motley Fool

Shares of Coinbase (NASDAQ: COIN) are up an incredible 330% in 2023, and the company has yet to see a big recovery in operations. But we know that crypto trading is up, Coinbase is taking market share, and the company's stablecoin business is doing better than ever. In this video, Travis Hoium covers why Coinbase is still a great growth stock to own long term.

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KKR supports InVivo in the global expansion of Malteries Soufflet

KKR

KKR continues to scale its strategic partnership with InVivo and Malteries Soufflet by more than doubling its investment as Malteries Soufflet acquires United Malt, creating the world’s largest maltster

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4 Unparalleled Growth Stocks You'll Regret Not Buying for 2024

The Motley Fool

In roughly three weeks, the curtain will close and another year will be in the books for Wall Street. For growth-stock investors, it's been a banner year. After losing 33% of its value during the 2022 bear market, the innovation-driven Nasdaq Composite has rallied 35% as of the closing bell on Dec. 6. Despite this rally, bargains still abound for opportunistic investors willing to seek them out.

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KKR Releases “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime”

KKR

New KKR Report Focuses on Role of Private Markets in Individual Investor Portfolios NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the release of “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime” by Paula Campbell Roberts, Chief Investment Strategist for Private Wealth. This is the first release in Investing for Wealth, a planned.

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2 Magnificent Stocks to Buy That Are Near 52-Week Lows

The Motley Fool

The stock market is enjoying a nice bounce-back year. The S&P 500 has rallied nearly 20% this year, while the tech-heavy Nasdaq is up over 35%. Because of that, many stocks currently sit near their 52-week highs. However, not all stocks have been in rally mode this year. Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) and NextEra Energy (NYSE: NEE) have fallen more than 20% over the past year and are currently trading closer to their 52-week lows.

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KKR to Present at the Goldman Sachs 2023 US Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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Beyond Occidental Petroleum: 3 Energy Stocks Taking the World by Storm

The Motley Fool

Occidental Petroleum (NYSE: OXY) has become one of the more popular stocks in the energy sector. Warren Buffett has a lot to do with its popularity. His company, Berkshire Hathaway , owns more than a quarter of the oil producer's shares. However, there are a lot of interesting investments in the energy sector beyond Occidental Petroleum. Helmerich & Payne (NYSE: HP) , Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) , and EnLink (NYSE: ENLC) currently stand out to a few Fool.com contributors as

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