Wed.Aug 28, 2024

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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 180
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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 124
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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.

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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.

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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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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.

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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.

More Trending

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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.

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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 106
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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.

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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 103
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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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Now available on Microsoft Azure: Cisco AppDynamics provides more flexibility

Cisco: M&A

Cisco is expanding its strategic partnership with Microsoft by offering AppDynamics as a hosted solution on Microsoft Azure — providing more flexibility and choice to customers.

IT 98
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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
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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
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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.

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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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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.

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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.

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Razorpay DigiPOS: Revolutionizing the retail in store experience

Razorpay

Picture this: You walk into a store, excited to upgrade your phone. You’re ready for a smooth, quick purchase. The salesperson greets you and walks you through the latest models, helping you decide on the perfect phone for your needs. So far, so good. But then you ask about any ongoing offers. The salesperson looks a bit unsure and asks another staff member to help.

Retail 93
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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.

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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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Evercore ordered to disclose secrets of iced tea can supplier auction

Financial Times - Banking

Arizona Beverages says adviser wrongly shared a contract critical to its ability to sell 99 cent drinks

Shares 87
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Here are Wednesday's biggest analyst calls: Nvidia, Apple, Meta, Tesla, McDonald's, Moderna & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

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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 59
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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 69
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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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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
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Retail traders are bullish on Nvidia ahead of earnings, while others not so much

CNBC: Investing

The big day is finally here, and retail traders are excited.

Retail 69
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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.

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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 66
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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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EarthOptics, Pattern Ag Merge to Digitize Soil Health for Climate and Agriculture

Global Newswire by Notified: M&A

Company to target the global opportunity in soil digitization for agricultural lands Company to target the global opportunity in soil digitization for agricultural lands

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A trade for investors long-term bullish on Nvidia, but concerned about a short-term pullback

CNBC: Investing

Tony Zhang with a creative options trade for investors torn over what to think about the AI giant.

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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.

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Wednesday's analyst calls: Chipmaker to surge nearly 40%, Thermo Fisher a buy

CNBC: Investing

A chipmaker and a lab equipment maker are among the stocks being talked about by analysts on Wednesday.

Stock 59
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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?