Investors are thirsting for income to compensate for declining stock values. Those of you with more than five years until retirement might be tempted to find the best high-yield retirement stocks to plump up your nest egg and call it a day. Of course, everyone’s version of what constitutes high yield is different. The current dividend yield of the S&P 500 is 1.62%. Some might consider double that to be the criterion for high yield. For the sake of this article, I’m going to use 5%. A quick scree
German software firm SAP SE ADS (NYSE: SAP) is working with investment bank Moelis & Company (NYSE: MC) to divest its corporate learning software business Litmos, Reuters reports. CEO Christian Klein looks to move towards subscription-driven services and increase cloud-based revenue. The report noted the sale of the profitable California-based Litmos could fetch a valuation of more than $1 billion. Moelis aims to start an auction process in the coming weeks and mainly targets tech-focused privat
German software firm SAP is working with investment bank Moelis & Co to sell its corporate learning software business Litmos as it seeks to streamline its operations and focus on cloud-based revenue, three sources told Reuters. The sale of California-based Litmos, which is profitable, could fetch a valuation of more than $1 billion, said the sources, who requested anonymity because the matter is private. Moelis is expected to start an auction process in the coming weeks and will mainly target tech-focused private equity funds in the United States and Europe, two of the sources said.