Read Time : 1 Minutes

Mark Wahlberg Expands Dealership Business With Buick-GMC Store

Manuel J. Moore

It’s across the street from the Chevy dealership he owns.

Over the last few years, Mark Wahlberg has expanded his resume from actor to businessman. He has Wahlburgers, a string of casual burger joints and bars, works with a health and wellness company, and owns a Chevy dealership in Columbus, Ohio. Today, his business empire is expanding with another dealership purchase – a Buick-GMC operation right across the street from his Mark Wahlberg Chevrolet shop, according to Automotive News.

Wahlberg’s expanding business operations also include an Airstream and RV dealership in the same city. It’s been renamed as Mark Wahlberg Airstream & RV, and we’re sorry if you were expecting a different name. If Wahlberg’s new purchases are like his Chevy dealership, there’ll likely be a large “W” logo, the same signature signage on his restaurants, letting the world know who owns it.

Celebrities Like Cars, Too:

Wahlberg

… Read More
Read Time : 1 Minutes

Leading Dutch F1 Ticket & Experiences Business Integrated Into Motorsport Tickets

Manuel J. Moore

The new platform releasing soon from Motorsport Tickets will offer a comprehensive solution to circuit and series owners as well as simplifying the whole customer experience.

Motorsport Network are investing in the future of ticketing and racing experiences, taking full control and integrating SportStadion, a leading Netherlands based motorsport tickets and experiences business into its existing Motorsport Tickets offering. This follows the earlier acquisition and integration of Bookf1 in January, which subsequently changed its name to Motorsport Tickets

Motorsport Tickets is the first choice of fans who want to experience the thrill of live racing all over the world. With a pan European presence, we offer all ticket and hospitality options for the Formula 1, MotoGP and World Endurance Championships, alongside the iconic Le Mans 24 hour and historic Isle of Man TT.

Fans buying from Motorsport Tickets also get greater value thanks to the unique benefits and bundles

… Read More
Read Time : 1 Minutes

Carlyle Buys 20% Stake in Piramal’s Pharma Business For $490 Million

Manuel J. Moore

The Carlyle Group (CG) announced that it has agreed to purchase a 20% stake in the pharmaceutical business of Indian Piramal Enterprises Ltd. for about $490 million.

Carlyle shares rose 3% to $27.25 in afternoon trading on Monday.

The deal values the pharma business at an enterprise value (EV) of $2.7 billion with an upside component of up to $360 million depending on the company’s FY21 performance. The final amount of equity investment will depend on the net debt, exchange rate and performance against the pre-agreed conditions at the time of closing of the deal, the private equity fund said in a statement.

“Piramal Pharma has built a strong, diversified pharma business with a solid market position and scale in each of its core business segments of Pharma Solutions, Critical Care and Consumer Products,” said Neeraj Bharadwaj, Managing Director at Carlyle Asia Partners. “Given global pharma industry trends,

… Read More
Read Time : 1 Minutes

Should Value Investors Pick Newtek Business Services (NEWT)?

Manuel J. Moore

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?

One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put Newtek Business Services Corp. NEWT stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:

PE Ratio

A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in

… Read More