Wed.Jul 24, 2024

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Will Delaware remain home to American corporations?

JD Supra: Mergers

According to the latest statistics from Delaware’s Division of Corporations, 68.2% of all Fortune 500 companies are incorporated in the Delaware, 79% of US-based IPOs in 2022 listed Delaware as their “corporate home,” and there were 313,650 total business entity formations in 2022 in Delaware. There are numerous reasons why founders choose Delaware to incorporate their companies, particularly the flexible nature of their corporate laws, which are often more favorable to businesses than other.

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D&O Insurance: Will the Bump-Up Exclusion Bump-Off Your M&A Settlement?

Deal Lawyers

Many D&O policies include “bump-up” exclusions that can come into play when a buyer increases the price to be paid in an acquisition in response to litigation challenging the deal.

Insurance 133
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Antitrust and AI Issues Continue to Mold Corporate Landscape

JD Supra: Mergers

Antitrust issues have cut deeply into the corporate landscape, and this year is shaping up for more of the same. Generative artificial intelligence, merger enforcement, and trial risks stand out as three of the most important antitrust considerations companies should have top of mind in 2024. Originally published in Bloomberg Law - March 2024.

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NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy

CNBC: Investing

NextEra CEO John Ketchum said the company is considering restarting the Duane Arnold Energy Center, though a risk assessment is needed.

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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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Healthcare & Life Sciences Private Equity Deal Tracker: Lumerity Acquires Ellit Groups

JD Supra: Mergers

Lumerity Capital has acquired Ellit Groups, according to a news release and industry reports.

More Trending

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Hedge fund manager Dan Niles says it's too early to buy beaten-up mega-cap tech stocks

CNBC: Investing

Hedge fund manager Dan Niles sees this week's tech sell-off as confirmation the trade is in significant trouble.

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Sustainability Reporting Disclosures in accordance with the GRI Standards 2023

European Investment Bank

The GRI Standards allow organisations to publicly and transparently report on the impacts of their activities. The EIB Group applies the GRI Standards framework under the Global Reporting Initiative to comprehensively disclose information relevant to its stakeholders. While the framework applies the materiality principle — meaning that information which is deemed material is disclosed — the EIB Group discloses additional information relevant to its stakeholders, which may not necessarily be cons

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Small Banks Say Their Commercial Real Estate Loans Are Fine

The New York Times: Banking

Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.

Bank 104
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ACNB Corporation Announces Strategic Acquisition of Traditions Bancorp, Inc.

Global Newswire by Notified: M&A

GETTYSBURG, Pa., July 24, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., and Traditions Bancorp, Inc. (OTCPink: TRBK) (“Traditions”), holding company for Traditions Bank, York, Pennsylvania, announced today the execution of a definitive merger agreement whereby ACNB will acquire Traditions and Traditions Bank in an all-stock transaction.

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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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Carbon Footprint Report 2023

European Investment Bank

This report offers a detailed analysis of the European Investment Bank Group’s greenhouse gas emissions from its head office operations in Luxembourg for 2023. It includes a comparative performance review against 2022 and the baseline year of 2018, based on data adhering to the World Resources Institute Greenhouse Gas Protocol. The report highlights both gross and net emissions, with a primary focus on net emissions, categorising renewable energy consumption as zero direct emissions.

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What is the expertise trap and how do you let it go?

Growth Business

By Helen Wada on Growth Business - Your gateway to entrepreneurial success In many commercial roles, individuals progress by developing their expertise, be they engineers, accountants, lawyers or marketers. When I think back to my career and the progress that I made as I rose through the ranks in my career in professional services, I was frequently asked, ‘What is your area of expertise, where will you specialise?

IT 75
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EIB Group Sustainability report 2023

European Investment Bank

Climate change is the big challenge of our generation. The European Investment Bank is helping the world meet this challenge by bringing down emissions in carbon-intensive industries and in many other sectors. In 2023, the projects we signed will help avoid 5.2 million tonnes of carbon dioxide emissions yearly. This is equal to the annual carbon footprint of about 520 000 European homes we want to make the green transition a success in Europe and far beyond.

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Man Group PLC : Form 8.3 - Smith (DS) plc

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the.

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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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Ex-Goldman Sachs VP joins Outset Global as managing director

The TRADE

Outset Global has appointed William Bradley as managing director within its London office as demand for outsourced trading continues to grow. Bradley brings considerable experience in the equity sales and trading space to the role, joining from Goldman Sachs where he served as vice president on the cross-asset sales desk in New York. While at Goldman Sachs, Bradley covered more than 80 institutional clients, trading a range of financial instruments including cash equities, equity derivatives and

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Here are Wednesday's biggest analyst calls: Tesla, Spotify, Apple, GM, Alphabet, Imax, Disney & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

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Press release - SPIE announces the acquisition of the companies ABC, ETC and SIRAC (GIE HORUS) in France

Global Newswire by Notified: M&A

Cergy, July 24 th , 2024 - SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the signing of an agreement to acquire 100% of ABC, ETC, and SIRAC, leaders in non-destructive testing and inspections in the nuclear industry.

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Benchmark International Successfully Facilitated the Transaction Between Quotient, Inc. and Virtual Technologies Group

Benchmark International

Benchmark International has successfully facilitated a transaction between Columbia, MD-based Quotient, Inc. ("Quotient") and Maumee, OH-based Virtual Technologies Group ("VTG"). Quotient provides a wide range of device-agnostic digital solutions for federal clients.

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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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Louis Capital Markets trader joins Liquidnet

The TRADE

Chris Robinson has been appointed multi-asset trader at Liquidnet, joining from Louis Capital Markets where he worked for almost 13 years. He most recently served as a EMEA and US equity sales and execution trader. Prior to this he worked in equity derivatives for six and a half years, focused on Eurostoxx and sectoral indices. London-based Robinson has also previously served in a pension execution role at BDO UK LLP.

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This energy giant could soon see a breakout to fresh all-time highs, according to the charts

CNBC: Investing

Like many energy names, this stock hasn't done much since April, but it has been fighting back in recent weeks and could be getting ready to make new highs.

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How Donatekart Transformed Crowdfunding with Razorpay’s Payment Solutions

Razorpay

About Donatekart The inception of Donatekart began during the Chennai Floods 2015 while volunteering with Goonj Delhi, when the founders Sarang Bobade, Sandeep Sharma and Anil Reddy noticed that people were buying goods like rice and flour from e-commerce giants like Amazon and Flipkart and shipping them to NGOs. But the on-ground needs were different- people urgently needed tarpaulins, mosquito nets, and blankets.

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UK car output logs fourth consecutive monthly fall in June, data shows

Global Banking & Finance

(Reuters) – UK’s car output fell for the fourth consecutive month in June, as more manufacturers wound down old models and transitioned towards electric vehicles, industry data showed on Thursday. A total of 62,231 cars rolled off production lines in June, down 26.

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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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European Investment Bank 2023 Sustainability Disclosures in accordance with SASB Framework

European Investment Bank

The European Investment Bank has pioneered sustainability reporting for well over a decade, placing a strong emphasis on transparency, accountability and stakeholder engagement. Since 2007, the EIB has issued its Sustainability Report and the related Sustainability Reporting Disclosures, which apply the standards set out by the Global Reporting Initiative.

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As losses mount, CrowdStrike says bug in quality-control process led to botched update

Global Banking & Finance

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-control system caused the software update that crashed computers globally last week, the U.S. firm said on Wednesday, as losses mount following the outage which disrupted services from aviation to banking. The extent of the damage from the botched update is still being assessed.

Banking 52
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TCFD Report 2023 - In accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

European Investment Bank

The EIB Group supports the Task Force on Climate-related Financial Disclosures (TCFD) as a leading framework to disclose climate-related information to end investors. This is the fourth TCFD report published by the Group, presenting our current activities and future commitments in the climate field. It follows the TCFD’s four-pillar structure and provides a comprehensive understanding of how the EIB Group assesses and manages climate-related risks and opportunities.

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Reckitt to offload homecare brands, consider nutrition options

Global Banking & Finance

By Agata Rybska (Reuters) – Reckitt Benckiser will consider options for its troubled nutrition business and offload a portfolio of homecare brands by the end of 2025, it said on Wednesday, planning to refocus on healthcare and hygiene.

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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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EIB Group 2023 Climate Bank Roadmap Progress Report

European Investment Bank

The EIB Group Climate Bank Roadmap 2021-2025 was approved in November 2020. This progress report provides an update on measures taken in 2023 to implement the roadmap across key areas such as resilience to climate change, energy efficiency, clean energy, and sustainable transport. It includes a summary of the progress made in delivering the roadmap’s high-level commitments, an update on developments following the roadmap’s mid-term review, and a review of the latest evidence relating to the shad

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German cabinet agrees to expand tax relief to boost economy

Global Banking & Finance

By Christian Kraemer BERLIN (Reuters) -Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21 billion euros per year to help bolster stuttering growth in Europe’s biggest economy. Germany was the worst performing major economy last year, with gross domestic product contracting by 0.3%.

IT 52
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FOCUS Telecom U.S. Communications Service Provider Quarterly: Summer 2024 Report

Focus Investment Banking

OVERVIEW After turning in positive returns in each of our last two reports, the FOCUS Communications Service Provider Index (CSPI) fell into negative territory with a three-month loss of 1.8%. This loss was despite a generally positive market backdrop that saw the S&P 500 gain 3.9% and the NASDAQ gain 8.3% over the corresponding time period. Over the last 12 months, the CSPI was up 3.2%.

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