Sat.May 18, 2024

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Why Your 2025 Social Security COLA Could Be the Biggest Increase You'll Get for Years to Come

The Motley Fool

In 2023, retirees received a Social Security increase of 8.7%. It was the largest annual cost-of-living adjustment (COLA) in four decades. The Social Security benefit increase fell sharply in 2024 to 3.2%. Don't expect a major rebound next year -- or anytime soon, for that matter. Here's why your 2025 Social Security COLA could be the biggest increase you'll get for years to come.

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The Ultimate Life Coach

Mr. Money Mustache

– Almost nineteen years into early retirement now, I’ve come to realize that the complete freedom of this lifestyle can be a double-edged sword. You’ve already heard me raving plenty about the upside: having the freedom to raise a son from the day he was born to beyond his eighteenth birthday with no compromises. And then to put thousands of hours into everything else I value as well: family, health, friends, adventures, building stuff, and even writing the occasional blog post.

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This Is the Average 401(k) Balance for Retirees Age 65 and Older

The Motley Fool

Generally speaking, you would be wise to take any broad, statistical data about investors with a grain of salt. There's always more to the story. Oftentimes, that "more" is simply that there's a wide disparity in the numbers that make up a collective average, making it less meaningful information. On the flip side, though, sometimes it's also helpful to know where you stand compared to that baseline.

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Global investors wake up to cheap UK stocks as takeover activity rises

Financial Times M&A

Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’

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Northrop Grumman Is Back in the Warship Building Business

The Motley Fool

Thirteen years ago, military aerospace and shipbuilding giant Northrop Grumman (NYSE: NOC) made the strategic decision to jettison its shipbuilding unit and focus its business on aerospace instead. At the time of the spinoff, the rejected unit, Huntington Ingalls (NYSE: HII) , was valued at approximately $2.5 billion in market capitalization, leaving the rest of Northrop Grumman with about a $14 billion market cap.

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Two AfricInvest funds shave holdings in electrical equipment firm

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Two AfricInvest funds shave holdings in electrical equipment firm first appeared on Africa Capital Digest.

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What a Spanish bank mega-deal means for TSB

Financial Times M&A

After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lender

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1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

Since early last year, it's become crystal clear that advancements in artificial intelligence (AI) are causing a paradigm shift in technology. Nowhere is that more evident than in the list of companies that are among the world's most valuable, measured in terms of market cap. Microsoft made headlines over the past year or so with its definitive moves in generative AI and is currently the only company with a market cap above $3 trillion.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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Where Will Shopify Stock Be in 5 Years?

The Motley Fool

While E-commerce has lost some of its luster to newer hype cycles like generative artificial intelligence (AI), it is still one of the most transformational technology megatrends in our lifetime. And Shopify (NYSE: SHOP) offers investors exposure to the small business side of the equation through its storefront creation platform. Let's dig deeper into what the next five years could have in store for the company.

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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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3 Reasons Not to Panic About Social Security Running Out of Money, Even Though Trustees Say It Will Happen

The Motley Fool

If you've been reading the news about Social Security recently, you've probably noticed that the headlines are pretty frightening. Specifically, you've likely heard that the most recent Trustees Report comes with a warning that the trust fund supporting the benefits program is slated to run short. If and when this happens, an automatic benefit cut is a very real possibility since Social Security isn't allowed to borrow and can only pay benefits out of revenue coming in.

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KKR & Co. Inc. to Announce First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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2 Millionaire-Maker Artificial Intelligence (AI) Stocks to Buy Right Now

The Motley Fool

Investing in solid companies and holding them for a long time is a robust strategy that could help investors significantly boost their wealth in the long run and construct a million-dollar portfolio. This strategy allows investors to capitalize on disruptive and secular growth trends, as well as benefit from the power of compounding. For instance, a $10,000 investment in shares of Nvidia a decade ago is now worth a whopping $1.94 million.

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KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

KKR

STOCKHOLM & LONDON--(BUSINESS WIRE)-- Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner.

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Stressed About Medicare Enrollment? 3 Tips for Seniors to Help Make the Process a Breeze

The Motley Fool

Millions of seniors today are enrolled in Medicare. Without it, they'd no doubt have to scramble to find affordable health coverage. You may be gearing up to enroll in Medicare yourself. But if you're worried about botching the process, here are a few rules to be aware of. 1. You can sign up before your 65th birthday You're generally eligible for Medicare coverage starting at age 65.

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Acceptance period for KKR’s voluntary public takeover offer for ENCAVIS AG commences

KKR

24 April 2024 – Elbe BidCo AG (the “Bidder”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”), today published the offer document for its voluntary public takeover offer (the “Takeover Offer”) for the shares (ISIN: DE0006095003) of ENCAVIS AG (“Encavis”) following the approval by the German Federal Financial Supervisory Authority (“BaFin”).

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7 Surprising Insights Into Boomers' Financial Habits

The Motley Fool

Image source: Getty Images With 76.4 million individuals in the U.S., baby boomers are a generation that's shaped society at every turn, and their personal finance habits are no different. Let's dive into seven eye-opening stats that reveal how this dynamic generation is shaping the financial world, from embracing modern technology to preparing for a historic wealth transfer. 1.

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KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year.

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Should You Buy Ripple (XRP) Right Now While It's Below $1?

The Motley Fool

After a painful down year in 2022, the cryptocurrency market is back in investors' good graces, as its valuation currently sits at $2.3 trillion (as of May 16). That's up considerably from about $800 billion at the start of 2023. Even with the benefit of the bull run, Ripple (CRYPTO: XRP) hasn't gained much. The blockchain network's payments-focused digital token, XRP, has climbed just 17% in the past 12 months, seriously lagging the 140% gain of Bitcoin.

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European Value-for-Money Optical Platform nexeye to be Acquired by KKR from 3i, Accelerating its Strategic Growth Ambitions

KKR

Gorinchem (NL) / London (UK), 25 April 2024 – nexeye (the “Company” or “Group”) today announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc.

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Is Bitcoin a Millionaire-Maker?

The Motley Fool

According to the latest Crypto Wealth Report from Henley & Partners, there were 40,500 Bitcoin (CRYPTO: BTC) millionaires in the world at the end of last year. That's more than any other cryptocurrency, and it's not even close. So we know that Bitcoin definitely has a track record of creating crypto millionaires. But that was then, this is now. Nearly a decade ago, some investors became millionaires by investing when Bitcoin was still trading for less than $1,000.

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MEDIAWAN ANNOUNCES COMBINATION WITH LEONINE, ONE OF THE LARGEST INDEPENDENT STUDIOS IN THE GERMAN-SPEAKING MARKET

KKR

Paris and Munich, April 28th, 2024 - Mediawan and Leonine Studios ("Leonine") today announced the signing of a definitive agreement for Leonine to combine forces with Mediawan in an all-stock transaction. The combination will foster even closer collaboration between the businesses and establish Mediawan as a premier studio with a global presence across 13 countries, 85 labels, a catalogue of ~30,000 hours of premium content and revenue exceeding €1 billion.

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Better Cybersecurity Stock: Palo Alto Networks vs. CrowdStrike

The Motley Fool

Cybersecurity is a massive industry that has never been more important. Hackers are more adept at breaching systems and causing havoc for companies. Precautions must be taken to protect internal and customer data. This requires implementing one (or several) cybersecurity solutions, and, as a result, investors should consider adding cybersecurity stocks to their portfolio, as demand for their products is massive.

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KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets

KKR

Proprietary Survey Highlights Why There is “No Turning Back” to Traditional Asset Allocation After the Recent Surge in Interest Rate Volatility NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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The Bitcoin Halving Is Done. 3 Cryptocurrencies to Buy Now.

The Motley Fool

Bitcoin 's (CRYPTO: BTC) halving , which occurred on April 19, was one of the biggest catalysts for the cryptocurrency market this year. That closely watched event, which halves the rewards for mining Bitcoin every four years, was widely expected to tighten the top cryptocurrency's supply and stabilize its market price. Along with the halving, the approvals of Bitcoin's first spot price ETFs and hopes for lower interest rates all brought back the bulls and boosted its price by more than 140% ove

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KKR & Co. Inc. Reports First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 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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Can I Have Your Attention Please? Netflix Is No Longer Just a Streaming Platform. Here's What the Company Is Building Next.

The Motley Fool

Netflix (NASDAQ: NFLX) completely revolutionized the way content is consumed. While the company originally began as a DVD rental service, Netflix quickly pivoted to a streaming model. For years, other media companies have tried to catch up and build their own streaming platforms. Outside of Netflix, some of the more prominent streamers come from industry giants like The Walt Disney Company , Warner Bros.

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Cotiviti Completes Recapitalization with KKR and Long-Standing Owner Veritas

KKR

SALT LAKE CITY--(BUSINESS WIRE)--Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR. KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.

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A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 36% to Double Up On Right Now

The Motley Fool

Polaris (NYSE: PII) has grown into the leading powersports vehicle manufacturer in North America, with its sales rising sixfold since 2000. Over this time, Polaris has more than tripled the total returns of the S&P 500 index. However, over the last decade, it has been an entirely different story. Despite doubling its revenue across the last 10 years, Polaris' total returns have declined by 16% as the market continuously assigned lower and lower valuations to the company's share price over ti

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KKR to Acquire Healthium from Apax Funds

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

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1 Magnificent Growth Stock Down 12% to Buy and Hold for 5 Years

The Motley Fool

It is possible to generate big returns over short time periods on the stock market. There are always a few magnificent winners out there, especially after the type of rally that investors have seen over the past 18 months. Several growth stocks have more than doubled since early 2023, after all. Yet many more have declined sharply or been left completely out of the rally, which illustrates why smart investors tend to focus on holding periods measured in years rather than months.

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Healthcare Realty Trust Announces Strategic Joint Venture With KKR

KKR

NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthc

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Are Hybrids Actually More Affordable Than EVs?

The Motley Fool

Image source: Getty Images Electric vehicles (EVs) are in the news a lot these days, and are widely described as the future of transportation. The federal government is investing billions of dollars to build EV charging stations nationwide, and is also offering thousands of dollars of EV tax credits for qualifying buyers of new (and used) EVs. But if you're looking to buy a car in 2024, are EVs really the best deal for you?

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