Los Angeles-based Kingswood Capital Management, LP and Performance Investment Partners, LLC (PIP), also based in Los Angeles, have announced they have completed the acquisition of The Vitamin Shoppe, a leading pure-play omnichannel retailer of vitamins and nutritional supplements, from Franchise Group, Inc. As part of the transaction, Sharon Leite, who previously served as chief executive
The African Centre for Energy Investment and Policy (ACEIP) has described the call for African countries to secure at least $600 billion annually in upstream oil and gas investment as an urgent and realistic lifeline for the continent’s energy security. Recall that the Executive Director of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe,
AGNC Investment (AGNC -4.19%) has a massive 15.5% dividend yield, which is why it pops up on the screens of dividend investors. Before jumping at what looks like a huge income opportunity, you need to examine the real estate investment trust’s (REIT’s) history. You’ll likely be better off with lower-yielding REITs like Federal Realty (FRT
Director of BBC Comedy Jon Petrie has warned that the opportunities for international investment to significantly plug the gap for scripted comedy are becoming increasingly rare. Speaking at the BBC Comedy Festival in Belfast, Jon said the TV comedy industry had been dazzled by the drama investment model, but the market reality meant that the
SINGAPORE: A man behind a multimillion-dollar wine investment scheme that caused investors to lose more than S$14 million (about US$10.9 million currently) was jailed for seven years and two months on Thursday (May 22) after being on the run for 13 years. Eldric Ko, 51, was the CEO of Premium Liquid Assets (PLA), which he
Labour has clarified its policy in ISAs after a question about the tax-free savings scheme. Lord John Lee asked the Government about how ISA savings that go towards overseas investments help towards the UK economy and the Government’s “growth agenda”. The advantage of ISAs is any interest earnings or investment growth are tax-free. You can
Amid all the excitement about GenAI, hard data on investment returns is in short supply Future via Getty Images Almost a year has passed since a seminal Goldman Sachs research paper posed a deliberately provocative question: “GenAI – too much spend, too little benefit?”. There was little evidence, some of Goldman’s analysts pointed out, of
Sen. Richard Blumenthal, D-Conn., thinks that the Veteran Affairs Department is moving too slowly in its efforts to implement legislation signed into law in January. Blumenthal, the ranking member of the Senate Veterans’ Affairs Committee, aired his concerns that the department dragging its feet in implementing the Senator Elizabeth Dole 21st Century Veterans Healthcare and Benefits Improvement Act
Photo via Smith Collection/Gado/Getty Images Getty Images Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to $4.2 billion, while revenue increased 14% to $1.5 billion. The company achieved a net income of $2.57 million, marking a substantial improvement from the $31.54 million
Photo via Smith Collection/Gado/Getty Images Getty Images Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to $4.2 billion, while revenue increased 14% to $1.5 billion. The company achieved a net income of $2.57 million, marking a substantial improvement from the $31.54 million