Wed.Oct 25, 2023

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Warning - Corporate Compensation Clawbacks Are Coming!

JD Supra: Mergers

On October 4, 2023, Deputy Attorney General Lisa O. Monaco announced a new "safe harbor" policy for voluntary self-disclosures in the context of mergers and acquisitions, whereby the Department of Justice will decline to prosecute companies that report criminal misconduct involving recently-acquired businesses. This news made antitrust headlines, and for good reason.

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'Incredible alpha opportunities' in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

CNBC: Investing

Wall Street leaders speaking at the annual Riyadh event broadly expressed varying degrees of pessimism and caution for the coming year.

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[Video] Hot Topics in International Trade. Braumiller Law Group Partner & Founder Adrienne Braumiller joins Vp of Marketing Bob Brewer for an Update on Forced Labor

JD Supra: Mergers

Braumiller Law Group Partner & Founder Adrienne Braumiller covers an update on Forced Labor. It's about China.sort of, based on some new data.

Trading 167
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U.S. dollar gains as risk sentiment sours, Treasury yields rise

Global Banking & Finance

U.S. dollar gains as risk sentiment sours, Treasury yields rise By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday, as investors’ appetite for riskier currencies faded following lacklustre corporate results that raised worries over the economic outlook, and as Treasury yields rose.

Economics 128
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Chancery Provides Additional Analysis of Primedia Claims in MFW Context

JD Supra: Mergers

City of Dearborn Police and Fire Revised Retirement System (Chapter 23) et al. v. Brookfield Asset Management Inc., C.A. No. 2022-0097-KSJM (Del. Ch. June 21, 2023) - In a short letter decision, Chancellor McCormick supplemented an earlier decision with a more fulsome analysis of plaintiffs’ Primedia claim (a direct claim challenging a merger based on a board’s failure to obtain value for material derivative claims), which the Court had earlier decided was subject to dismissal under MFW.

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Exclusive-Shell cuts low-carbon jobs, scales back hydrogen in overhaul by CEO

Global Banking & Finance

Exclusive-Shell cuts low-carbon jobs, scales back hydrogen in overhaul by CEO By Ron Bousso LONDON (Reuters) – Shell will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan’s drive to boost profits, it said on Wednesday.

More Trending

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Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients

Global Banking & Finance

Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients By Aditya Soni (Reuters) -Microsoft is outstripping Alphabet in the race to make money from generative artificial intelligence through early bets on OpenAI and focus on big clients, raising worries that the Google parent could lose share in the cloud-computing market.

Shares 126
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Limitations on Good Faith Damages: No Presumption of Loss for Breach of Honest Performance

JD Supra: Mergers

In Bhatnagar v. Cresco Labs Inc., 2023 ONCA 401, the Ontario Court of Appeal elaborated on the Supreme Court’s decision in C.M. Callow Inc. v. Zollinger, 2020 SCC 45 (“Callow”) and clarified that a breach of the contractual duty of honest performance does not create an automatic presumption of loss. The court found that there must be evidence supporting a loss of opportunity to support an award for damages.

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Dollar rises as US business activity ticks up in October

Global Banking & Finance

Dollar rises as US business activity ticks up in October By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against a basket of currencies on Tuesday as a slew of fresh economic data highlighted the strength of the U.S. economy relative to the United Kingdom and the European Union. U.S.

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Alphabet shares plummet after cloud revenue falls short. What the pros say to do next

CNBC: Investing

Pros on CNBC discussed Alphabet after the company missed on cloud revenue estimates in the third quarter.

Shares 125
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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The Challenges Facing Sam Bankman-Fried’s Lawyers

The New York Times: Banking

They are set to start their defense on Thursday, with the FTX founder planning to testify in his criminal fraud trial. Hurdles include what Mr. Bankman-Fried’s former associates said on the stand.

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Morgan Stanley's stock playbook for this slowing, 'late-cycle' economy

CNBC: Investing

The firm recommended a "barbell" of traditional defensive stocks, some select growth opportunities and late-cycle cyclical names.

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Redefining Payments: Curlec by Razorpay Gains License to Acquire Merchants in Malaysia

Razorpay

We’ve always believed that every touch point for a business, when accepting payments online, needs to be easy to use, efficient, and fast. Earlier this year, having taken this vision beyond India’s borders, we announced our International Payment Gateway, developed for the Malaysian market – Curlec by Razorpay. With the digital payments market in Malaysia projected to soar by an impressive 17.06% between 2023 and 2027, culminating in a market volume of $41.74 billion in 2027, t

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Here are Wednesday's biggest analyst calls: Nvidia, Apple, Microsoft, Gap, Verizon, Alphabet & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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BNY Mellon launches new FX platform to help manage execution and access to price transparency

The TRADE

BNY Mellon has launched a new foreign exchange (FX) platform, meeting client demands to manage execution across their entire portfolio and access improved price transparency. Named Universal FX, the platform supports BNY Mellon clients across all market segments, including investment managers, corporates, hedge funds and wealth managers. BNY Mellon stated that the new platform will also help clients navigate the industry transition to T+1 settlement.

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Jefferies analyst says Microsoft can take cloud market share away from Amazon

CNBC: Investing

Brent Thill believes Microsoft has the upper hand in taking cloud market share, which should also help the firm's artificial intelligence story.

Shares 119
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Common questions about our M&A research database, answered

Private Equity Info

Learn how our M&A research database can accelerate your deal flow. Find answers to common questions about our powerful tools, data accuracy, and personalized customer service. Schedule a demo today!

M&A 105
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Citi analysis shows your 60/40 portfolio could have been helped with a little bitcoin

CNBC: Investing

If you held bitcoin in your 60/40 portfolio in the early days of crypto, you might have gotten a boost from it, the firm found.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Morgan Stanley chooses Ted Pick to replace James Gorman as CEO

Financial Times - Banking

Head of investment banking and trading was one of 3 internal candidates

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Analyst calls: All the market-moving chatter from Wall Street on Wednesday morning

CNBC: Investing

Check out the market-moving analyst calls and latest chatter on Wall Street today.

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Nomura overhauls China joint venture as losses mount

Financial Times - Banking

Global investment banks have struggled to make a profit in the country as geopolitical tensions rise

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How to play Alphabet's stock after its worst slide in more than a year, according to Wall Street

CNBC: Investing

Wall Street weighs in on Alphabet's cloud disappointment and what it means for the Google parent's shares.

IT 113
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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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CCIE Security Certification Exam Tips for Success

Cisco: M&A

Security is an ever-evolving technology that is necessary in every organization. That’s why Cisco Certified Internetwork Expert (CCIE) Security-certified individuals are in high demand.

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Goldman says dividend growth has been resilient and these stocks are the best at returning cash

CNBC: Investing

David Kostin recommends high-dividend stocks over firms engaging in large capex as rates are expected to stay higher for longer.

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Connecting Audiences: Fintech Digital’s Human-Centric Digital Marketing Strategy

Global Banking & Finance

In the vast digital landscape, where algorithms and analytics often take precedence, a boutique digital marketing agency stands apart from the rest. Chicago-based Fintech Digital is taking the fintech marketing world by storm with its unique approach to championing a human-centric marketing perspective that goes beyond numbers and clicks.

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This under-the-radar consumer products stock could rally nearly 30%, Goldman Sachs says

CNBC: Investing

This consumer products manufacturer has a successful track record of market disruption and growth across categories, according to Goldman Sachs.

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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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It’s “by mistake” – How I got into Cybersecurity

Cisco: M&A

Welcome to the Cisco Women in Cybersecurity’s blog series , where we highlight the stories of the mentors who have inspired and advocated for the careers of those in our community.

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A bullish options trade on Amazon into earnings as the stock bounces off key support

CNBC: Investing

When we look at a chart of AMZN, we see that it has recently formed a support level around $125 and recently bounced higher off that level.

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Reporting Custom Metrics to FSO Platform Using the OpenTelemetry SDK

Cisco: M&A

With Cisco FSO Platform, metrics can be reported directly from the code. Unlike using any kind of auto-instrumentation feature, this is useful when a service owner knows what needs to be reported.

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Get long boomer stocks and short millennial shares, says Bank of America

CNBC: Investing

The firm found stocks that are particularly exposed to the well-off generation.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?