Sun.May 05, 2024

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[Audio] Episode 319 -- Deep Dive into SCG Plastics' $20 Million Settlement with OFAC for Violations of the Iran Sanctions Program

JD Supra: Mergers

OFAC is capable of extending a long-arm of enforcement, reaching sometimes non-U.S. companies that may “cause” another company to violate U.S. Sanctions laws. If you need to find an example of this long reach, look no further than OFAC’s recent settlement with SCG Plastics (“SCG”), in which SCG, a Thailand company, which sells plastic resins, agreed to pay $20 million for violations of the Iran Sanctions Program.

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Sony and Apollo in Talks to Acquire Paramount

The New York Times: Mergers, Acquisitions and Dive

After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors.

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Autos analysts pick who can survive China’s cut-throat EV market

CNBC: Investing

Analysts are coalescing around a few potential winners in China's car market after a 10-day auto show put ferocious competition on full display.

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Westpac raises share buyback by $661 million even as costs and competition bite

Global Banking & Finance

Westpac raises share buyback by $661 million even as costs and competition bite By Sameer Manekar (Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs.

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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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Data center boom is tailwind for natural gas. Goldman says these pipeline stocks will profit

CNBC: Investing

Rising demand for natural gas-fueled power from data centers may prove a boon to Kinder Morgan and Williams Companies, according to the Wall Street bank.

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Apple just unveiled a $110 billion buyback plan. Here's why that doesn't make the stock a sure winner

CNBC: Investing

Both Apple and an ETF that specializes in companies undertaking buybacks are underperforming the broader market in 2024.

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Top Wall Street analysts suggest these dividend stocks for income investors

CNBC: Investing

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Coca-Cola and Energy Transfer

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