Tue.Oct 29, 2024

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Navigating Cyber and Legal Challenges During the M&A Process: Quick Considerations for Federal Contractors

JD Supra: Mergers

Merger and acquisition (M&A) activity is often the lifeblood of corporate growth. While whole treatises can be, and have been, written on cybersecurity and legal challenges during M&A activity, the following are a few key takeaways for federal contractors considering a merger or acquisition.

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Del. Chancery Addresses Petition for Validation of Retroactive Record Date

Deal Lawyers

In August, Vice Chancellor Lori Will issued a post-trial memorandum opinion in TS Falcon I, LLC v. Golden Mountain Financial Holdings Corp. (Del. Ch.; 8/24). The case involves a board’s decision to set a retroactive record date for an annual stockholder meeting, which the defendants sought to validate under Section 205 of the DCGL.

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2024 Election - Implications on Private Equity & Private Credit

JD Supra: Mergers

Potential Election Impacts on the Private Equity and Private Credit Sectors - While the 2024 election cycle may introduce temporary uncertainty, the convergence of positive economic trends such as waning inflation, anticipated additional interest rate cuts, and cautious optimism for a soft landing suggests robust M&A activity into 2025. Additionally, private equity and private credit firms have significant funds ready to invest, and a backlog of PE portfolio company exits is expected to boos

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Revolutionizing Dairy Farming with Digital Solutions

Cisco: M&A

Cisco, in collaboration with its partners Rhône Élevage, NXO, and Ineso, has developed an innovative solution for dairy farmers to address the challenges posed by rising temperatures due to climate change. This solution has the potential to benefit not only French farmers but also farmers across Europe.

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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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Mine your own business: English court looks in detail at MAE clauses

JD Supra: Mergers

The English High Court has handed down judgment in BM Brazil v Sibanye Stillwater, a case which will be of great interest to all M&A lawyers. It is the first English law case to take a detailed look at how to interpret material adverse effect clauses (also known as MAE or MAC clauses) operating as conditions to closing in sale and purchase agreements.

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Resilience: Transforming the Energy Sector – The Solar M&A Landscape | Episode 2 (10.23.24)

JD Supra: Mergers

In the latest episode of the Resilience podcast, colleague and host Shellka Arora-Cox sits down with Kevin Yaich, head of M&A at Qcells USA, for a discussion of the current solar M&A landscape.

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

CNBC: Investing

The Nasdaq Composite notched a fresh record on Tuesday ahead of earnings from tech's heavy hitters. Here's what CNBC is watching going into Wednesday.

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A Halloween Scare: Ambiguity in Loan Terms

JD Supra: Mergers

A recent decision in the Commercial Division of the Supreme Court, New York County, emphasizes the importance of clear and unambiguous contract drafting in all lending situations, including real estate. Acting Supreme Court Justice Anar Rathod Patel denied a motion to dismiss in BioPharma Credit PLC, et al. v. Biogen Inc., et al., because certain payoff terms in a loan agreement were subject to “countervailing interpretations.”.

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Power Your GenAI Ambitions with New Cisco AI-Ready Data Center Infrastructure

Cisco: M&A

With generative AI poised to significantly boost global economic output, Cisco is helping to simplify the challenges of preparing your infrastructure for AI implementation. Learn how the UCS C885A M8 Server for AI model training, the Nexus 9364E-SG2 Switch for scalable AI connectivity, AI PODs for streamlined AI inference deployment, and Nexus Hyperfabric can accelerate AI initiatives and drive innovation.

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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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From One State to Another: Changing a Nonprofit's State of Incorporation

JD Supra: Mergers

Nonprofits periodically ask how they can change their legal domicile or state of incorporation from one state to another. For some, an evolution in the location of physical or virtual headquarters, the type and nature of taxable or tax-exempt affiliated entities in their corporate structure, or the nexus of significant programs prompts the question; for others, a migration far from their original formation state causes the topic to resurface every few years.

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Artificial Intelligence (AI) Takes the Spotlight in Cisco’s 7th Annual Global Partner Innovation Challenge

Cisco: M&A

Cisco Partner Summit 2024 celebrated AI-driven innovation, awarding $900K USD in prizes. Discover the groundbreaking solutions that transform industries, enhance customer experiences, and drive business value.

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How to keep your portfolio steady in volatile times as the election approaches

CNBC: Investing

Market volatility is expected to pick up as Election Day approaches, but investors can take a few steps to help prepare their portfolios.

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Cisco Crisis Response: Reinstating Connectivity to Communities Impacted by Hurricane Helene

Cisco: M&A

The Cisco Crisis Response (CCR) team has responded to over 100 incidents across disasters and humanitarian efforts in 38 countries, providing secure connectivity for emergency response agencies and aid organizations to carry out life-saving activities after a crisis - most recently with Hurricane Helene.

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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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Pathos AI Closes $62M Oversubscribed Series C Round of Financing to Accelerate its Platform Approach to Drug Development

Global Newswire by Notified: M&A

CHICAGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Pathos AI, a clinical-stage biotechnology company focused on re-engineering drug development through artificial intelligence, today announced the closing of an oversubscribed $62M Series C funding round. The Series C financing round was led by New Enterprise Associates (NEA) with participation from Revolution Growth and other existing insiders.

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This little-known medical technology stock can rally more than 40%, Jefferies says

CNBC: Investing

Jefferies is seeing a clearer outlook for shares of this maker of ocular implants

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Ollie’s Bargain Outlet Acquires Additional Former Big Lots Stores

Global Newswire by Notified: M&A

HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores.

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Eli Lilly shares could be set for a big move if the Zepbound maker adds to its winning streak

CNBC: Investing

The pharmaceuticals giant has exceeded Wall Street's expectations for five straight quarters, helped by the success of its GLP-1 drugs for obesity.

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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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Citi to migrate to Google Cloud

The TRADE

Citi is set to migrate to Google Cloud following the signing of a multi-year agreement focused on modernising Citi’s technology infrastructure. Specifically, the cloud technology will migrate multiple workloads and applications to Google Cloud’s infrastructure, including the use of Google Cloud’s Vertex AI platform which will deliver Gen-AI capabilities across the fi rm.

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UBS believes AI story is still in the 'early innings' and these are the stocks to play it

CNBC: Investing

Artificial intelligence-related stocks have been on the rise this year, and UBS is becoming even more bullish on some names.

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Aquis and Cboe to form joint venture intent on exploring consolidated tape bid

The TRADE

Pan-European equity exchanges Aquis Exchange and Cboe Global Markets have today set out plans to launch a joint venture that will look to explore making a bid to provide the European consolidated tape. Named SimpliCT, the new venture will be based in the Netherlands and co-owned by Cboe and Aquis as equal shareholders. Alasdair Haynes, chief executive, Aquis, commented: “This proposed joint venture would not only represent a cost-efficient, robust business model that integrates advanced comple

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Here are Tuesday's biggest analyst calls of the day: Apple, Netflix, Tesla, Meta, Uber, Amazon, Walmart, First Solar & more

CNBC: Investing

Here are the biggest calls on Wall Street on Tuesday.

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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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FX association calls out proposed FX Global Code revisions for “complexity and lack of clarity”

The TRADE

Following proposed updates to the FX Global Code, the FXPA has highlighted that the revised rules could unintentionally lead to new risks, whilst also complicating operations, without clear benefits for the market. The FX Global Code are a set of industry guidelines aimed at keeping global currency markets fair and transparent. The Global Foreign Exchange Committee (GFXC), responsible for maintaining standards in the global FX market, has proposed changes to its FX Global Code, which was establi

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What the charts are saying about the S&P 500 and Nvidia heading into the election

CNBC: Investing

Todd Gordon breaks down the charts on the overall market and Nvidia.

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Thai government, central bank to keep inflation target for 2025

Global Banking & Finance

By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) -Thailand’s government has agreed with the central bank to maintain the current 1% to 3% inflation target for 2025, in return for assurances the bank will support its fiscal policy and help jumpstart growth, the finance minister said on Tuesday.

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Collaboration and productivity tools for growth businesses 

Growth Business

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success In today’s rapidly evolving business world, staying productive and connected is more important than ever. Growing businesses face the challenge of managing time, resources, and communication across teams and projects. Luckily, the right productivity and collaboration tools can make a world of difference.

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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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These stocks beat earnings and should outperform in months ahead, Wolfe Research says

CNBC: Investing

Wall Street is in the thick of earnings season, and some companies that have already reported could outperform going forward, Wolfe Research found.

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CECO Environmental to Acquire Profire Energy for $125 Million

Global Newswire by Notified: M&A

Advances CECO’s Position as the Leading Environmental Solutions Provider in Industrial Markets Advances CECO’s Position as the Leading Environmental Solutions Provider in Industrial Markets

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UK raises minimum wage by 6.7% in boost for workers, despite employer unease

Global Banking & Finance

By Andy Bruce (Reuters) – Britain’s minimum wage for most adults will increase by 6.7% from April next year, a boost for low-paid workers but a concern for employers who are finding it harder to implement such rises.

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