Tue.May 21, 2024

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Battery storage M&A powers into 2024

JD Supra: Mergers

Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global energy transition. As a result, investors are targeting BESS assets as consumers, businesses and regulators increasingly prioritize net zero and other sustainable-energy goals.

M&A 192
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UBS says it's time to move out of cash. Here's where it sees opportunity

CNBC: Investing

While investors have been earning yield of more than 5% on money market funds and CDs, those rates aren't expected to stick around much longer.

IT 121
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Indiana Enacts Broad Notification Requirements for Healthcare Transactions with a Clear Focus on Private Equity

JD Supra: Mergers

Earlier this year, Indiana joined a growing number of states by enacting a new notification requirement for certain healthcare transactions. Indiana Senate Bill Number 9 (SB 9), effective July 1, 2024, is likely to require healthcare providers and investors to make frequent notifications to the Indiana Attorney General for transactions in the health care space, due to the statute’s broad language.

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AI demand will push the power grid to the brink. Morgan Stanley says these stocks could benefit

CNBC: Investing

Smaller natural gas turbines could surge in popularity as power grids are strained by data center demand, Morgan Stanley says.

Stock 116
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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 Opportunities, Risks, And Rewards Of AI Acquisitions

JD Supra: Mergers

Amid a period of recalibration, the artificial intelligence industry is experiencing a transformational phase. According to a recent report from Stanford’s Institute for Human-Centered Artificial Intelligence that closely monitors AI trends, there’s been a notable adjustment in global investment patterns within the sector.

More Trending

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Two Steps Too Far: New Limitations on the Use of the Texas Two- Step to Resolve Mass Tort Liability in Bankruptcy

JD Supra: Mergers

This paper explores the mechanisms by which companies have utilized corporate restructuring through divisive mergers in conjunction with the available protections and tools of the United States Bankruptcy Code to resolve mass tort liability without placing the entirety of the business under bankruptcy. Popularized in Texas, a divisive merger is a mechanism by which an existing business entity divides itself into two new entities, allocating all pre-existing assets and liabilities to each as they

Utilities 177
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We're in the era of heat pumps — a market that experts say is 'set to skyrocket'

CNBC: Investing

Heat pump adoption is key to achieving global net-zero targets and could punch up the value of several stocks along the way.

Stock 114
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How DOJ’s Safe Harbor Policy Alters the Calculus for M&A Due Diligence

JD Supra: Mergers

Since at least the adoption of the organizational Federal Sentencing Guidelines in 1991, the government has encouraged companies to adopt an effective compliance program that prevents and deters misconduct.

M&A 172
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First Solar earnings could surge 370% by 2027 as Big Tech hunts for renewables to power AI, UBS says

CNBC: Investing

UBS said First Solar is "an overlooked, direct beneficiary of increasing AI-driven electricity demand.

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Provide Real Value in Your Applications with Data and Analytics

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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IRS Distributes New Ruling Requirements for Corporate Spin-Off Transactions

JD Supra: Mergers

Earlier this month, the IRS released Revenue Procedure 2024-24, which sets forth new requirements for requests for private letter rulings ("PLRs") on corporate spin-off and split-off transactions. (Both spin-offs (transactions in which a corporation (“Remainco”) distributes stock of a subsidiary (“Spinco”) to its shareholders as a dividend in kind) and split-offs (transactions in which the stock of the subsidiary is exchanged for outstanding Remainco stock) are generally subject to the same tax

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Morgan Stanley says shares of this Nvidia supplier could pop if AI leader gives a good forecast

CNBC: Investing

This semiconductor supplier could win big from a strong outlook from chip giant Nvidia, according to Morgan Stanley.

Shares 112
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Court Dismisses “Roll-Up” Lawsuit against Private Equity Firm in Blow to FTC

JD Supra: Mergers

On May 13, a federal district court in Texas dismissed private equity firm Welsh, Carson, Anderson & Stowe (Welsh Carson) from an antitrust lawsuit filed by the Federal Trade Commission (FTC). The lawsuit, which was originally filed in 2023, alleged that Welsh Carson and co-defendant U.S. Anesthesia Partners, Inc. (USAP) – an entity created by Welsh Carson in 2012 – engaged in an anticompetitive scheme to roll up anesthesiology practices in Texas and subsequently drive up the price of anesth

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Goldman's tech analyst gives his top picks from here after evaluating first-quarter earnings results

CNBC: Investing

Goldman's top technology analyst is laying out his top picks as the first-quarter earnings season wraps up.

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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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How Private Equity Firms Select Investment Targets and Build Capital: Insights for Entrepreneurs

JD Supra: Mergers

What do private equity and growth capital investors look for when adding new companies to their portfolio, and what strategies do they apply to help those companies optimize capital? Procopio Partner and Mergers & Acquisitions and Strategic Joint Ventures co-leader Paul Johnson dove into that topic in a Q&A with Stefan Okhuysen, Partner of HCAP Partners.

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Empowering Growth: My Journey with the Cisco MentorMe Program

Cisco: M&A

See how Success Programs Manager Sadaf S. discovered all-around growth while empowering young women in STEM through Cisco's MentorMe program.

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FTC Claims Against PE Firm Put to Sleep

JD Supra: Mergers

The FTC’s recent campaign against private equity roll-ups hit a stumbling block on May 13 as the United States District Court for the Southern District of Texas tossed out the Federal Trade Commission’s antitrust claims against private equity firm Welsh Carson Anderson & Stowe.

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Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds

The New York Times: Banking

The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices.

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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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Proposed Regulations Issued on the Excise Tax on Repurchases of Corporate Stock

JD Supra: Mergers

On April 9, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) issued two sets of proposed Treasury Regulations related to section 4501, REG-115710-22, which provides guidance on the application of section 4501, and REG-118499-23 (together with REG-115710-22, the “Proposed Regulations”), which provides guidance on the reporting and payment of the excise tax.

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Tuesday's analyst calls: E-commerce giant to rally 20%, solar stock gets a downgrade

CNBC: Investing

An e-commerce giant out of Latin America and a solar stock were among the stocks being talked about by analysts on Tuesday.

Stock 107
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Approaching Secondaries Financing from All Angles: Key Considerations for Debt in LP-Led and GP-Led Secondary Transactions

JD Supra: Mergers

Debt finance plays a key role in all parts of the capital structure for private investment funds and their investors. In particular, the use of debt finance is an increasingly important component of secondary transactions, whether for traditional private equity secondary funds acquiring interests in underlying funds or for fund managers facilitating GP-led transactions.

Debt 161
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Charts show little fear of a market drawdown. So now may be a good time to hedge

CNBC: Investing

Todd Gordon lays out a way to protect your portfolio using a put strategy should we reverse lower.

Portfolio 109
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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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Munter and Gerding discuss the need for additional disclosures under IFRS 19

JD Supra: Mergers

The director of Corp Fin, Erik Gerding, and the SEC Chief Accountant, Paul Munter, have issued a new “Statement on the Application of IFRS 19, Subsidiaries without Public Accountability: Disclosures, in Filings with the SEC.” IFRS 19 permits reporting company subsidiaries “that do not have public accountability” to provide reduced disclosures in financial statements prepared under IFRS.

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JPMorgan strategist stays stubbornly negative on stocks even as other Wall Street bears capitulate

CNBC: Investing

'We don't see a reason to change our stance,' strategist Marko Kolanovic wrote.

Stock 111
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The Great Reset in the Healthcare Industry

JD Supra: Mergers

BRight Minds in Healthcare Delivery invites industry leaders to discuss the latest trends and hot topics in healthcare strategy, delivery, and innovation. Listen in as industry experts, thought leaders, and innovators consider how to disrupt the way that millions of Americans receive healthcare. Episode 6: The Great Reset in the Healthcare Industry - Join Hector Torres and Aaron Newman, healthcare investment bankers, as they discuss current market trends with host Eric Tower in the latest.

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10 ways to handle a workplace conflict

Growth Business

By Owen Gough on Growth Business - Your gateway to entrepreneurial success Arguments are inevitable in office environments, after all, as reported by Magenta Associates (2023), 64% of workers have witnessed workplace conflicts, with 15% of those people seeking a new job as a direct result. So, when a heated conflict does break out it’s important to resolve it as quickly as possible.

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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?

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[Webinar] Preparing for the Future of Health Care Antitrust Scrutiny - June 11th, 12:00 pm - 1:00 pm PST

JD Supra: Mergers

Now, more than ever, health care organizations are facing complex antitrust issues as their mergers/acquisitions, hiring, contracting and private funding are being scrutinized by the federal and state governments. Proper planning for any competitive initiative, including day-to-day decisions, is essential to avoid potential antitrust risks. In just the last week, enforcers have announced that they believe there has been underenforcement of the antitrust laws in health care and have called for.

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CME Group launches corporate bonds and mortgage-backed securities on BrokerTec Quote trading platform

The TRADE

CME Group has launched repo on corporate bonds and mortgage-backed securities (MBS) on its dealer-to-client (D2C) request-for-quote (RFQ) trading platform, BrokerTec Quote. US corporate bonds began trading yesterday, 20 May, with the remaining products expected to be live by the end of next month. CME Group’s US credit futures will begin trading on 17 June.

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A chip stock hedge if the AI trend cools off a bit following Nvidia's earnings

CNBC: Investing

Jeff Kilburg believes the AI theme could be due for a breather.

Stock 115