Tue.Jul 04, 2023

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Looking for the Next Chipotle? This Fast-Growing Restaurant Stock Could Be It (Hint: It's not Cava.)

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) has arguably had a greater influence on the restaurant industry than any other business this century. The company essentially invented the fast-casual concept or the idea that food can be served quickly but still be high-quality and made using traditional cooking techniques. Chipotle's success has spawned a raft of imitators, but no one has managed to match the popularity of the burrito roller.

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Private equity firm L Catterton, which is backed by LVMH, has sold leading Italian bicycle brand Pinarello valued around $273m

Private Equity Insights

Elite Italian bicycle maker Pinarello changes hands Fausto Pinarello, the son of the founder of the bicycle group, would maintain a stake in the company and his role as chairman, L Catterton said in a statement. The company traces its roots back to a cycle shop set up by former professional cyclist Giovanni Pinarello in 1952. It provided bikes for 1990s Tour de France champion Miguel Indurain and current hour record holder Filippo Ganna.

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Here's What Happens When You Cancel Your Life Insurance Policy

The Motley Fool

Image source: Getty Images The purpose of paying for life insurance is to protect your loved ones from financial distress in the event of your passing. But there may come a point in time when you decide that you no longer need life insurance -- and you no longer wish to be paying the premiums it costs to keep your policy active. Let's say you have a $500,000 life insurance policy in place, but a wealthy family member of yours passes away and leaves you with a $500,000 inheritance.

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SSW Partners explores sale of Veoneer unit at $500m valuation

Private Equity Insights

The owner of automotive technology company Veoneer has kicked off a sale of its passive safety business, according to people familiar with the situation. US private equity firm SSW Partners is working with advisers to gauge interest in the unit, the people said, asking not to be identified discussing a private matter. The asset, which could fetch as much as $500 million, may draw interest from private equity firms and companies in the industry, one of the people said.

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We Are in a Recession, If You Ask High-Earning Americans

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. It's a quandary worthy of Shakespeare: Are we, or are we not, in a recession? The answer, it turns out, may depend on your tax bracket. The unemployment rate still hovers around historic lows, inflation is finally falling, and GDP keeps ticking up.

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Blackstone’s firm Cirsa seeks to refinance debt with new $710m bond sale

Private Equity Insights

Spanish gambling company Cirsa launched a debt sale on Monday seeking to raise 650 million euros from new senior secured bonds, according to a term sheet seen by Reuters. The new debt – consisting of fixed rate and floating-rate bonds both maturing in 2028 – will be used to repay outstanding bonds due in 2023 and 2025, the memo said. Reuters reported in May that Cirsa’s owner Blackstone was weighing options for the company, including an initial public offering of shares and a r

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Blackstone REIT says redemption requests declined in June

Private Equity Insights

Blackstone (BX.N) Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of turmoil that led to the private equity firm limiting investor withdrawals “In June 2023, BREIT received $3.8 billion in requests under the Repurchase Plan, which is 29% lower than the peak in January 2023 and the lowest month of repurchase requests this year,” the firm said in a letter to investors Shares of Blackstone rose 1.1% to $94.03 in morning trading.

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1 Cathie Wood Growth Stock Down 41% You'll Regret Not Buying on the Dip

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights one growth stock with a strong long-term tailwind at its back, even if its near term might be challenging. *Stock prices used were the afternoon prices of July 1, 2023. The video was published on July 3, 2023. 10 stocks we like better than MercadoLibre When our analyst team has a stock tip, it can pay to listen.

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NEC holds first close of $1.5bn NextPower V ESG

Private Equity Insights

NextEnergy Capital (NEC), a global solar specialist in the renewables sector, has held the first close of its fifth investment vehicle NextPower V ESG (NPV ESG), which is targeting capital commitments of $1.5 billion with a $2 billion hard cap, at $480 million. The fundraising to date comprises $330 million in direct commitments and $150 million in co-investment allocations.

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4 in 10 Parents Say They'd Have More Savings if It Weren't for Their Kids. Here's How to Boost Your Cash Reserves as a Parent

The Motley Fool

Image source: Getty Images I was talking to a friend of mine lately whose goal is to boost her savings account in the wake of a recent layoff scare. (She didn't actually lose her job, but for weeks, there were rumors circulating at her company that led her to believe she would.) When I asked her what progress she'd made, her answer was a resounding "none.

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Carlyle to acquire IK’s stake in cybersecurity specialist PR0PH3CY

Private Equity Insights

Global investment firm Carlyle is in exclusive negotiations to acquire Pr0ph3cy, a leading “one-stop-shop” cybersecurity services business in France, from IK Partners’ IK Small Cap III Fund (IKSC III). As part of the deal, Pr0ph3cy will rebrand as NEVERHACK. This transaction represents the first exit from the Development Capital pool within the IK SC III Fund, after a holding period of under two years.

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2 High-Yield Dividend Stocks That Are No-Brainer Buys

The Motley Fool

It's conventional wisdom to avoid stocks with really high dividend yields. A company's yield increases when the market lowers its share price, signaling potential skepticism that the company can afford its dividend payments. These troublesome stocks are often called yield traps. But there are exceptions to every rule, and you can find the occasional gem that can support its juicy dividend yield.

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Unshackled Ventures secures another $35M to invest in immigrant founders

Private Equity Insights

Despite a challenging fundraising environment, venture funds able to prove their thesis are continuing to see interest from limited partners. Unshackled Ventures is the latest venture capital firm to close on a new fund, its third, with $35 million in capital commitments toward pre-seed investments in immigrant founders. Founded by Manan Mehta and Nitin Pachisia, and boy has the firm been busy.

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3 Top Warren Buffett Dividend Stocks to Buy Now

The Motley Fool

Warren Buffett's record of building wealth makes the holdings of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , a no-brainer place to look for investment ideas. Berkshire's portfolio is full of top consumer brands that generate consistent revenue and profits and pay out dividends to shareholders. Keep in mind that not all the stocks Berkshire owns were picked by Buffett.

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African Infrastructure Fund Targets $500m in First Close

Private Equity Insights

Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration Fund that will invest in energy, transportation, telecommunication and water projects. The platform started more than a decade ago by the African Development Bank and African governments aims to help bridge the continent’s infrastructure financing gap estimated by the AfDB to be at $68 billion to $108 billion.

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3 Top Cybersecurity Stocks to Buy in July

The Motley Fool

Cybersecurity companies are usually resistant to macro headwinds because most of their clients won't lower their digital defenses just to save a few dollars. The market leaders might struggle to gain new customers during economic downturns, but they'll still likely expand over the long term as cyberattacks become costly and devastating. Last month I discussed why Fortinet , Palo Alto Networks , and CrowdStrike were all great long-term plays on that secular trend.

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OMERS, APG to buy Dutch meters business Kenter in $764m deal

Private Equity Insights

Canada’s OMERS and Dutch pension investor APG have agreed to buy Netherlands-based energy infrastructure solutions firm Kenter, according to a draft announcement of the deal seen by Reuters and confirmed by the purchasers. The deal, which is expected to close in the fourth quarter of this year, values Kenter at close to 700 million euros ($764 million) including debt, a source with knowledge of the transaction said.

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3 Costco Vacations Reviewed: 'Stunning,' 'Seamless,' and 10 out of 10

The Motley Fool

Image source: Getty Images Taking the occasional vacation is one of the best things you can do for your mental health, as it's wonderful to get a change of scenery, have new experiences, and take a break from work. Unfortunately, vacations don't come cheap. There are ways to save, such as by considering a road trip rather than flying and renting a car.

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L3Harris Explores Sale of $1bn Avionics Unit

Private Equity Insights

L3Harris Technologies Inc., the aerospace and defence company, is exploring a sale of its avionics business, according to people with knowledge of the matter. The US company is working with an adviser on the sale, which could fetch about $1 billion based on typical earnings multiples, the people said, asking not to be identified discussing private information.

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Prediction: 10 Stocks That Will Have Trillion-Dollar Valuations by 2035

The Motley Fool

If history demonstrates anything, it's that change is one of Wall Street's only constants. Looking back to the start of the century, only one of the 10 largest publicly traded companies by market cap is still among the top 10 by market cap today. Thanks to innovation, competitive advantages, collaborations, acquisitions, and competition, the market's largest and most influential companies are always in flux.

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Veoneer Launching Sale of $500m Passive Safety Unit, Sources Say US private equity firm SSW Partners are interested

Private Equity Insights

The owner of automotive technology company Veoneer has kicked off a sale of its passive safety business, according to people familiar with the situation. US private equity firm SSW Partners is working with advisers to gauge interest in the unit, the people said, asking not to be identified discussing a private matter. The asset, which could fetch as much as $500 million, may draw interest from private equity firms and companies in the industry, one of the people said.

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2 Stocks That Are 10 Baggers in the Making, Thanks to AI

The Motley Fool

It might not happen overnight, but artificial intelligence (AI) has the potential to impact society similar to the way the internet has since the late 1990s. The companies that best use AI could be market-beaters over the next decade. What does that look like in motion? Consider two technology stocks: DigitalOcean (NYSE: DOCN) and SentinelOne (NYSE: S).

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The Broker Who Saved America

The Reformed Broker

You know Hancock and Washington and Franklin and Jefferson. You might even know Greene and Knox, Henry and Hale. And we know you know Hamilton, pretty tough to escape that one these days! But it is very unlikely that you know the name Haym Solomon. This is unfortunate, because he’s the guy who arranged financing to keep the Continental Army alive during its darkest days, finding the money to keep the revolution goin.

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Can You Save Money Booking Summer Travel Through Costco?

The Motley Fool

Image source: Getty Images Costco Travel is a benefit that many members of the warehouse club giant don't utilize or understand, but it can be rather valuable, especially for members who prefer all-in-one vacation packages over buying flights, hotels, and other trip components separately. While Costco isn't always the cheapest option, it often offers better prices than the competition, as well as unique benefits for travelers.

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Immersive Fox Raises €3.3M in Seed Funding

FinSMEs

Immersive Fox, a London, UK-based tech startup specializing in AI-generated videos for sales and corporate communication, closed a €3.3m (£2.8m) seed funding round. Backers included Redseed VC, Monte Carlo Capital, and Altair. Founded in 2021 and led by Alisa Patotskaya, Immersive Fox is a text-to-video generation startup that specializes in providing businesses with AI-generated videos for […] The post Immersive Fox Raises €3.3M in Seed Funding appeared first on FinSMEs.

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You Can't Claim Social Security Until You Do This

The Motley Fool

You can sign up to start collecting Social Security at any age once you turn 62. But it's important to understand the implications of filing at different ages. If you claim benefits at 62, you'll reduce them on a permanent basis. That's because you're not entitled to your full monthly Social Security benefit based on your individual wage history until you reach full retirement age (FRA), which is either 66, 67, or somewhere in between, depending on your year of birth.

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Quantagonia Raises €4.3M in Funding

FinSMEs

Quantagonia, a Frankfurt, Germany-based quantum computing software startup, raised €4.3M in total funding. After the pre-seed round in December 2021, which included participation from the FTTF (Fraunhofer Technology Transfer Fonds), Finnish Deep-Tech VC Voima Ventures, and a German family office, Quantagonia has added Tensor Ventures, the Beteiligungs-Managementgesellschaft Hessen, and subsequent investments from existing backers to […] The post Quantagonia Raises €4.3M in Funding appeared

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This Housing Cost Is More Than My Mortgage

The Motley Fool

Image source: Getty Images Like most people, I have a monthly mortgage to pay for my home. But, my mortgage isn't actually the biggest cost of owning my own place. There's something even more expensive that I am responsible for covering out of my checking account -- and it's an expense I'll never be able to get rid of, unlike my mortgage payment. This homeownership expense is a bigger burden than my mortgage Real estate taxes are the expense that costs me more each month than my mortgage loan pa

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Speakeasy Closes $7.6M Seed Funding

FinSMEs

Speakeasy, a San Francisco, CA- and London, UK-based API infrastructure company, raised $7.6M in Seed funding. The round, which brought the total amount to $11M, was led by GV with participation from Quiet Capital, Firestreak Ventures, Flex Capital and StoryHouse Ventures. The company intends to use the funds to invest further in its platform and to grow […] The post Speakeasy Closes $7.6M Seed Funding appeared first on FinSMEs.

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Worried About a Recession? Here's Why You Should Invest In the Stock Market

The Motley Fool

There's quite a bit of truth to the idea that time in the market matters more than timing the market. Since it's not possible to know what the future holds, fears of a recession shouldn't stop you from making periodic deposits to your investment accounts. As we'll discuss, if you're a long-term investor, the best thing you can do is to continue to invest -- even if the stock market tumbles in the short term.

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My Forex Funds | Insightful and Detailed Review

FinSMEs

The world of Forex trading is continuously evolving, and among the pioneers making strides is My Forex Funds. This topic is essential given the potential impact on professional traders worldwide. My Forex Funds is a proprietary trading company, and it has become a significant talking point due to its unique approach to providing capital to […] The post My Forex Funds | Insightful and Detailed Review appeared first on FinSMEs.

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AT&T Stock Slumped 13% in the First Half. Time to Buy on the Dip?

The Motley Fool

After a tough 2022, the stock market bounced back in the first half of 2023. The S&P 500 recorded a 16% gain through the end of June, while the tech-heavy Nasdaq Composite surged more than 31%. Stocks linked to artificial intelligence technology fared even better as investors piled into hot stocks like NVIDIA. One stock that did not participate in this rally was AT&T (NYSE: T).

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Anticipated Joy vs. Anticipated Regret

A Wealth of Common Sense

Last year I was pounding the table on The Bear (Hulu/FX) as one of my new favorite shows. I liked it so much I didn’t really know how a second season would go. I finished season 2 this week and it’s not hyperbole to say it was one of my favorite seasons of any TV show I’ve ever watched. It blew me away how good it was. It reminded me I actually wrote a post last year using one of my favorite scenes with.

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1 Magnificent Cathie Wood Dividend Stock to Buy in July

The Motley Fool

Fool.com contributor and finance professor Parkev Tatevosian highlights one Cathie Wood dividend stock that could make an excellent addition for dividend stock investors. *Stock prices used were the afternoon prices of July 1, 2023. The video was published on July 3, 2023. 10 stocks we like better than Caterpillar When our analyst team has a stock tip, it can pay to listen.

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