Wed.Aug 28, 2024

article thumbnail

California Court of Appeal Rules That Partial Sale of Business Can Bind Seller-Owner to a Noncompetition Agreement

JD Supra: Mergers

In Samuelian v. Life Generations Healthcare, LLC, — Cal. App. 5th —, 2024 WL 3878448 (Cal. App. Aug. 20, 2024), the California Court of Appeal answered two long outstanding questions of California law concerning the enforceability of noncompetition agreements in the context of the sale of a business: 1. Yes, a partial sale of an ownership interest in a business may support a noncompete under the rule of reason (even though the sale of business exception under Business & Professions Code Sect

Sale 177
article thumbnail

Letters of Intent: Del. Chancery Dismisses Allegations of Breach of Exclusivity

Deal Lawyers

In Sunstone Partners Management, LLC v. Synopsys, Inc. (Del. Ch.; 8/24), Judge Paul Williams, sitting in the Chancery Court by designation, addressed a jilted suitor’s claims that a seller breached its obligations under a letter of intent between the parties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Refinancing surge reenergizes US and European loan markets

JD Supra: Mergers

Leveraged loan activity in the US and Europe sprang back to life in H1 2024, with both markets enjoying near-triple-digit increases in issuance. In the US, overall issuance surged 95.7% from US$461 billion in H1 2023 to US$902.5 billion in H1 2024. The European market enjoyed a similar rally, with H1 2024 issuance climbing by 96.5% year-on-year, from US$91.8 billion to US$180.4 billion.

177
177
article thumbnail

ETFs that bet solely on Nvidia are booming even in a sleepy summer for Wall Street

CNBC: Investing

Funds that make leveraged long bets on Nvidia are seeing inflows and higher trading volume ahead of the company's earnings report.

Funds 125
article thumbnail

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.

article thumbnail

The Current State of the Veterinary Industry: Independent Practice Sales to Corporate Consolidators

JD Supra: Mergers

Over the past few years, significant shifts have occurred within the veterinary field, especially when it comes to veterinary practice ownership. Independent veterinary practices have increasingly been sold to corporate consolidators, a trend driven by various economic, operational, and market factors. This shift has transformed the landscape of the veterinary sector, presenting unique opportunities and challenges for practice owners.

More Trending

article thumbnail

How currency marketplaces have changed foreign currency trading forever

Global Banking & Finance

By Ola Oyetayo, co-Founder of Verto Companies expanding globally, from large multinationals to small businesses, often encounter significant challenges when dealing with exotic or thinly traded currencies. These obstacles include limited exchange rate control, high initial expenses, and operational inefficiencies.

Trading 97
article thumbnail

Simplifying the policy experience for today’s IT teams

Cisco: M&A

Cisco Software Defined Access (SDA) just got better with Common Policy, a unique capability that ensures consistent policy enforcement at all network entry points through cross-domain context exchange.

IT 98
article thumbnail

Book Review: ‘Never Saw Me Coming,’ by Tanya Smith

The New York Times: Banking

In “Never Saw Me Coming,” Tanya Smith tells of her life as a young financial criminal — and the harsh prison sentence that changed everything.

article thumbnail

Cisco Smart Bonding for MSPs: Enhance Customer Experience and Streamline Support Workflows

Cisco: M&A

The global market for managed services around Cisco products is projected to reach $161 billion by 2027, driven by customers seeking solutions and outcomes rather than just products or technology.

article thumbnail

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.

article thumbnail

How to retool your 60/40 portfolio for income generation, per BlackRock

CNBC: Investing

With a few tweaks to a balanced portfolio, investors who are in or near retirement could squeeze some more income out of their investments.

Portfolio 107
article thumbnail

Private Equity: Are You Ready for Some Football?

Deal Lawyers

The NFL season kicks off next week, and once again, it’s not easy being a Cleveland Browns fan.

article thumbnail

Should You Delay Your Graduation to Improve Your Chances of Getting into Investment Banking?

Mergers and Inquisitions

I’ll skip the clever intros here: Delaying your graduation to improve your chances of winning a certain job after university is usually a bad idea. If you’re doing it specifically to target investment banking roles, it only makes sense in a few scenarios. Delaying your graduation will not help with many common problems, such as a very low GPA , no return offer from an internship , or attendance at a non-target school.

article thumbnail

Three Reasons for Cisco Umbrella for Government

Cisco: M&A

Cisco Umbrella for Government up-levels government cybersecurity with protection against phishing, malware, ransomware and data loss from cyberattacks.

article thumbnail

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.

article thumbnail

These stocks have the most riding on Nvidia's results with highest correlation to AI leader

CNBC: Investing

Certain stocks may be more likely to move on the heels of Nvidia's market-moving earnings report Wednesday.

Stock 104
article thumbnail

How Wall Street Learned About Last Week’s Labor Data Before the Public

The New York Times: Banking

The Labor Department provided insight into a recent lapse in which revised payrolls data were given out à la carte before they were online.

article thumbnail

Thursday's big stock stories: What's likely to move the market in the next trading session

CNBC: Investing

On Wednesday, the S&P 500 and the Nasdaq Composite slid as Nvidia shares tumbled ahead of results. Here's what CNBC is watching going into Thursday.

S&P 70
article thumbnail

ASX names new group executive for technology and data

The TRADE

Jamie Crank has been named group executive technology and data at the Australian stock exchange, ASX. Prior to this appointment, he was general manager in the trading and markets division, and before that general manager of information and connectivity services for ASX. He will officially begin his role on 9 September. According to ASX the appointment followed “ an extensive external and internal search process”.

Trading 57
article thumbnail

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.

article thumbnail

Wells Fargo says liquefied natural gas market will grow as supply boom drives prices lower. Stocks to play the trend

CNBC: Investing

A lot of LNG capacity is coming online by the end of the decade, promising to drive prices lower and expanding the market in countries that rely on coal.

Stock 67
article thumbnail

CME Group to launch weekly futures contracts next month

The TRADE

CME Group is set to launch weekly futures contracts – called Bitcoin Friday futures (BFF) – on 30 September, pending a regulatory review. Giovanni Vicioso The move is set to leverage the opportunities of a Friday expiry which allows these contracts to closely track the spot price of bitcoin. In addition, the offering is set to help investors mitigate weekend price moves.

article thumbnail

Likely policies under a Harris presidency and the stocks impacted, according to Jefferies

CNBC: Investing

Analysts at Jefferies identified the sectors and stocks that could be impacted under a potential Harris presidency.

Stock 75
article thumbnail

Protect Pharmaceutical Corp. (PRTT) Finalizes the Merger with KARINCA Logistics

Global Newswire by Notified: M&A

Protect Pharmaceutical Corp. (PRTT) Finalizes the Merger with KARINCA Logistics.

article thumbnail

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.

article thumbnail

With everyone focusing on Nvidia, JPMorgan likes this other chip stock reporting earnings this week

CNBC: Investing

JPMorgan reiterated its overweight rating on Marvell Technology ahead of the company's earnings announcement Thursday after the bell.

Stock 67
article thumbnail

Award-Winning Media and Creator company Underknown Acquires “Animalogic” from Blue Ant Media

Global Newswire by Notified: M&A

Webby-award-winning digital-first media company Underknown announces today it has purchased the popular YouTube channel “Animalogic” from Blue Ant Media

Media 59
article thumbnail

TAXES AND TERMS IN A BUSINESS SALE: POST-CLOSING (Part 3 of 3)

IBG

This is last article in a three-part series that offers a very general overview of how understanding the taxes and terms of a business sale can help a seller discern the true value of an offer and, in a competitive bidding scenario , recognize which offer constitutes the best deal. Bear in mind that the factors that shape the value of a business sale are deal-specific.

Sale 52
article thumbnail

Le Groupe Bonduelle annonce un projet de cession de son activité de salade en sachet en France et en Allemagne

Global Newswire by Notified: M&A

BONDUELLE Siège social - "La Woestyne" - 59173 Renescure - FranceBonduelle SCA - Société en commandite par actions au capital de 57 102 699,50 eurosRCS.

Capital 52
article thumbnail

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?

article thumbnail

HP forecasts downbeat profit as weak PC market, competition weigh

Global Banking & Finance

By Juby Babu (Reuters) -HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and competitive pricing, even though revenue grew after more than eight quarters. Shares of the PC maker fell 3.7% in extended trading.

article thumbnail

How to Sell Your Small Business

Lake Country Advisors

Selling your small business in Wisconsin involves a series of necessary steps that require careful consideration and strategic planning. From assessing its value to transitioning ownership, understanding the nuances of your industry is crucial for a successful sale. Whether you’re in the manufacturing, healthcare, or technology sector, engaging local business brokers can streamline the process, providing expert guidance to maximize the value of your business.

article thumbnail

Cybercrime and sabotage cost German firms $300 billion in past year

Global Banking & Finance

BERLIN (Reuters) – Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year, up 29% on the year before, according to a survey published on Wednesday.

52