Wed.Oct 09, 2024

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Corporate Transparency Act Filing Deadlines Approaching - What You Need to Know, Part I

JD Supra: Mergers

The Corporate Transparency Act (CTA) requires “reporting companies” to report certain beneficial ownership information (BOI) to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) in order to enhance corporate transparency in the United States.

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Del. Superior Court Holds Seller Retained Privilege in M&A Transaction

Deal Lawyers

The default rule in Delaware is that the attorney-client privilege passes in a merger from the acquired company to the buyer. However, the parties to a merger agreement may agree to depart from the default rule, and a recent Morris James blog highlights the Delaware Superior Court’s decision in Biomerieux v. Rhodes, (Del. Super.

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Diving Into Delaware’s Enforcement of Specific Performance in M&A Transactions

JD Supra: Mergers

Most M&A agreements include specific performance provisions that allow either party, under certain circumstances, to seek to have a court force the other party to comply with its contractual obligations. In M&A deals, a specific performance dispute often goes to the very heart of the deal – a buyer no longer wants to close the deal, and the other target/seller seeks to use the specific performance remedy to force the buyer to close the deal (or vice versa).

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All eyes are on Nvidia milestone into Wednesday's close

CNBC: Investing

The market darling, which is on pace to post a sixth straight day of gains, is nearing its all-time closing high of $135.58.

IT 113
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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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A Delaware Law Alert: M&A Disputes

JD Supra: Mergers

Two recent Delaware Superior Court opinions are essential reading for M&A practitioners drafting language with respect to how disputes related to purchase price adjustments, earnouts, and other accounting-related determinations are to be resolved.

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Accessing Privileged Documents in Illinois Ownership Disputes

JD Supra: Mergers

Business divorces are often messy. The reasons for business divorces vary – personality-driven disputes, disagreements over business direction, or timing and distribution of earnings. Whatever the reason, when controlling owners or managers seek the legal advice of the company’s attorney on sensitive subjects such as a business divorce, the company expects the attorney-client privilege to keep this advice private.

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Why health care could be a winner heading into year-end

CNBC: Investing

Looking for a sector to invest in for the 2024 home stretch? Health care may be the answer, if history is any indication.

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Stockholders Fail To Approve Proposal To Reincorporate Nevada Corporation In Delaware

JD Supra: Mergers

Although much attention of late has been devoted to proposals to reincorporate in Nevada from Delaware, not every corporation is swimming in the same direction. Last May, Kintara Therapeutics, Inc., a Nevada corporation, filed a registration statement on Form S-4 in connection with a proposed reverse triangular merger with TuHURA Biosciences, Inc., a Delaware corporation.

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Onspire Health Marketing Acquires Aesthetic Brand Marketing

Global Newswire by Notified: M&A

Acquisition expands depth of specialization at the full-service healthcare marketing firm Acquisition expands depth of specialization at the full-service healthcare marketing firm

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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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An Early Holiday Wish. for a More Informative CFIUS Annual Report

JD Supra: Mergers

As the air turns crisp, many of us above the equator will begin to think of the winter holidays. A subset of these people will think about holiday wish-lists. And the thoughts of nearly all of that subset, or at least the healthy portion, will coalesce around two questions.

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Wells Fargo's trade ideas for the fourth quarter - including shorting Tesla

CNBC: Investing

These are some of Wells Fargo's top ideas for the fourth quarter.

Trading 117
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The importance of human connectivity – ‘You don’t gain culture from an algo’

The TRADE

In the current tech-driven landscape, stemming from virtual interaction continuing post-pandemic, counterparty relationships are being bolstered again to increase collaboration and strengthen market resilience according to panellists at the Fixed Income Leaders Summit. Idea generation, market research and market colour are gained from sell-side institutions, which are then fed back into the buy-side, said one panellist, something which is less achievable virtually.

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The Countdown Has Begun: Getting Started on Your Post-Quantum Journey

Cisco: M&A

Using existing encryption and key management technologies, enterprises can realize quantum-safe encryption today without waiting for implementations.

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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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Morgan Stanley director joins BNP Paribas in macro sales role

The TRADE

Jason Green has been named director at BNP Paribas, focused on systematic macro sales following 10 and a half years at Morgan Stanley. Whilst at Morgan Stanley he most recently served as executive director in electronic FX institutional sales. Before that, Green worked in fixed income derivatives solutions at Barclays Investment Bank. Read more: BNP Paribas macro and credit global co-head departs following fixed income rejig BNP Paribas declined to comment when approached by The TRADE.

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Navigating Family Business Succession Planning for M&A Success

Sun Acquisitions

In the dynamic landscape of mergers and acquisitions (M&A), the intricacies of family business succession planning often need to be addressed. However, understanding and effectively managing this process is crucial for ensuring a smooth transition and long-term success, especially in M&A activities. This guide delves into the essential aspects of family business succession planning explicitly tailored for M&A, offering insights and strategies to navigate this complex terrain.

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How Does Online Banking Work?

Global Banking & Finance

You’re not alone if you’ve ever wondered how online banking works. With its convenience and accessibility, more people are using digital platforms to manage their finances. But how does it function, and what steps are required to set up an account? Are online banks safe, and is this approach suitable for your needs?

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Cisco Partner Conversations: Delivering Smart Manufacturing Solutions with Deloitte

Cisco: M&A

Explore the convergence of IT and OT in manufacturing. Watch "Cisco Partner Conversations" with Deloitte's Patrick Jehu and Cisco's Nick Holden to learn about The Smart Factory and overcoming complex business challenges.

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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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Tax worries knock UK business confidence, survey shows

Global Banking & Finance

By Suban Abdulla LONDON (Reuters) – British business confidence fell in the third quarter as tax worries hit investment, according to a survey of accountants that chimes with similar concerns from other business groups before the new Labour government’s first budget.

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Matrix Executions launches ATS for US listed options

The TRADE

Matrix Executions has launched a new electronic alternative trading system (ATS) for US listed options named Matrix QRX ATS. Designed specifically for institutional investors, the offering provides price improvement, liquidity enhancement, and best execution practices including algo suite integration, and exchange auction mechanisms. Matrix QRX ATS offers blind indications of interest (IOIs), paired crossing orders, and low latency matching to streamline orders of all types while ensuring op

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77% of UK Businesses deem the Corporate Christmas Party the most important event of the year

Global Banking & Finance

77% of UK business leaders consider the annual corporate Christmas party the most important work event of the year, emphasising its significance in the corporate calendar.

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JPMorgan recommends stocks to buy if economic recovery continues into the holidays

CNBC: Investing

The investment bank screened for stocks that have lagged the recovery and may benefit from the market's rotation.

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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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Insurer Aviva secures $2 billion pensions buy-in

Global Banking & Finance

LONDON (Reuters) – British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with Michelin Pension and Life Assurance Plan, adviser XPS said on Wednesday.

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Markets will be looking for any surprises out of Thursday's big inflation report

CNBC: Investing

As S&P 500 rises to a record Wednesday, Thursday morning's CPI inflation report will give the market a big test.

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Stocks, US yields up after Fed minutes; inflation data on deck

Global Banking & Finance

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks advanced on Wednesday along with U.S. Treasury yields, as minutes from the Federal Reserve’s September meeting indicated more rate cuts, while investors awaited inflation data for further clues on the central bank’s interest rate path. Minutes from the meeting showed a “substantial majority” of U.S.

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Press release - SPIE announces the acquisition of Spefinox in France

Global Newswire by Notified: M&A

Cergy, 9 October 2024 - SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the acquisition of 88% of Spefinox, an expert player in industrial processes for the agri-food, cosmetics and pharmaceuticals sectors.

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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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Online shopping returns to growth in Europe amid fierce competition

Global Banking & Finance

By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday, while low-cost marketplaces like PDD Holdings’ Temu have heightened competition. Inflation has hurt shoppers’ spending power around the world and helped fuel rapid growth in online platforms selling cheap products.

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Communiqué de presse - SPIE annonce l’acquisition de Spefinox en France

Global Newswire by Notified: M&A

Cergy, le 9 octobre 2024 - SPIE, leader européen indépendant des services multi-techniques dans les domaines de l’énergie et des communications, annonce l’acquisition de 88 % de Spefinox, un expert des process industriels dédiés aux secteurs de l’agroalimentaire, la cosmétique et la pharmacie.

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NICE Actimize Launches AI-Powered Fraud Investigations Solution to Mitigate Losses and Maximize Efficiencies

Global Banking & Finance

Generative AI and advanced analytics automate processes to help financial institutions meet regulatory timelines and ensure customer satisfaction London, UK, September 24, 2024 – NICE Actimize, a NICE business (Nasdaq: NICE), today announced the availability of the market’s first AI-powered Fraud Investigations solution that facilitates end-to-end fraud management capabilities from detection to investigations.