Fri.Jun 28, 2024

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The First Bank to Collapse in 2024: What Led to the Failure of Republic Bank

JD Supra: Mergers

The first bank to meet its demise in 2024 is smaller than its 2023 counterparts. In 2023 we saw Silicon Valley Bank (“SVB”) and First Republic Bank (“First Republic”) fail. The most recent bank to experience a failure bears a striking resemblance – in name only – to one of these banks.

Bank 294
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Delaware Amendments: The Return of the Dead Hand Pill?

Deal Lawyers

If you’ve been paying attention to the debate over the 2024 Delaware DGCL amendments, one thing that seems pretty clear is that a lot of stuff we all thought was settled long ago is once again up for grabs. Take “dead hand” poison pills, for example.

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Who Sins Most? The Tempter or the Tempted?—Court of Chancery Allocates Equal Fault Among Acquirer and Target Officers in Merger Dispute

JD Supra: Mergers

In In re Columbia Pipeline Group, Inc. Merger Litigation, C.A. No. 2018-0484-JTL, the Delaware Court of Chancery allocated liability among two sell-side officers and a third-party acquirer under the Delaware Uniform Contribution Among Tortfeasors Act (DUCATA). Following a settlement by the target officers and a post-trial finding of liability on the acquirer, the court allocated 50% responsibility to the acquirer for its knowing participation in the target officers’ breaches of fiduciary duty.

Mergers 172
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Transforming a Global Bank’s Customer Contact Centre Operations Through Maveric Systems’ AI-Powered Solution

Global Banking & Finance

Transforming a Global Bank’s Customer Contact Centre Operations Through Maveric Systems’ AI-Powered Solution By Kishan Sundar, Senior Vice President, Chief Technology Officer – Key Accounts, Maveric Systems Limited In the competitive banking landscape, customer service quality is a crucial differentiator. Poor customer service is the primary reason customers switch banks.

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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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Business Value – Tapping into What Owners Care About

JD Supra: Mergers

In a recent video, Jeff Faulkner, co-founder of the International Succession Planning Association, spoke about the importance of succession planning for business owners. Faulkner emphasized that succession planning is not just about planning for one’s exit or death but about positioning the business to continue indefinitely.

Business 167

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The Fed’s Preferred Inflation Measure Cools, Welcome News

The New York Times: Banking

The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.

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Analysts love these cheap dividend-paying stocks heading into the second half

CNBC: Investing

CNBC Pro screened for dividend-paying names that are trading at a discount and are rated buy or overweight by at least 60% of the analysts covering the stock.

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Logistics Automation Market Forecast to Grow at 9.35% CAGR from 2024 to 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, June 28, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Logistics Automation Market will attain a value of USD 66.95 billion by 2031, with a CAGR of 9.35% during the forecast period (2024-2031). Logistics Automation has become an indispensable facet for many sectors today, allowing companies to improve their efficiency, lower the costs, and focus on customer satisfaction.

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These are Jefferies best stock ideas heading into the second half

CNBC: Investing

Jefferies highlighted its global stock picks as the second half of the year approaches, representing the firm's highest-conviction stocks with a buy rating.

Stock 127
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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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Acquisition Advantages: Harnessing Growth Opportunities for Small Businesses

Sun Acquisitions

In the dynamic business landscape, small enterprises often find themselves at a crossroads when achieving sustainable growth. While organic growth is essential, many small businesses are exploring alternative routes to accelerate their expansion. One such strategy that has gained prominence is mergers and acquisitions (M&A). This blog post delves into the acquisition advantages that can empower small businesses to harness growth opportunities effectively.

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Buy these cheap quality stocks for the third quarter, says Piper Sandler

CNBC: Investing

With a cloudy horizon for both the economy and the stock market, investors should lean on fundamentals, according to Piper Sandler.

Stock 108
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The TRADE announces new certified climate project for 2024

The TRADE

The TRADE is pleased to announce a new certified climate project for 2024, supporting woodland conservation as part of our continued commitment to eco-friendly production and sustainable printing. As well as contributing to the financing of the certified climate project , The TRADE additionally supports tree planting in the UK. For every tonne of CO 2 saved through the contribution, one tree is planted, promoting the conversion of structurally poor forests and monocultures into more resilient mi

Trading 57
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Friday's analyst calls: Solar stock gets a price target increase, Nike downgrades after earnings

CNBC: Investing

A solar stock and an apparel giant were among the names being talked about by analysts on Friday.

Stock 107
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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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Russell rebalancing represents another test for T+1 success story

The TRADE

Issues stemming from the move to T+1 have been few and far between, but experts do have an eye on the impacts of the Russell Index rebalancing today, according to sister publication, Global Custodian’s T+1 War Rooms initiative in partnership with The ValueExchange and Citi. One prominent asset manager stated in the conversation that it still has a war room in place because “we’re now into an index rebalancing cycle, with Russell coming up it will be the highest volume of trading activity o

S&P 57
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Here are Friday's biggest analyst calls: Nvidia, Apple, Nike, First Solar, Deere, Alphabet, Amazon, ASML & more

CNBC: Investing

Here are Friday's biggest calls on Wall Street.

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Benchmark International Successfully Facilitated the Transaction Between Invisible Connections Ltd and Siss Holding B.V., Holdco of Terwa B.V.

Benchmark International

Benchmark International is pleased to announce the acquisition between Oxfordshire-based Invisible Connections and Siss Holding, Holdco of the trading entity Terwa.

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Compliance Constraints: Why the finance sector is unable to leverage GenAI

Global Banking & Finance

Compliance Constraints: Why the finance sector is unable to leverage GenAI By James Sherlow, Systems Engineering Director, EMEA, Cequence Security We’ve seen generative AI (GenAI) deployed in the finance sector across numerous business use cases.

Finance 52
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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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A Brand-New Checkout from Razorpay is Here!

Razorpay

In today’s fast-paced e-commerce landscape, a seamless checkout experience has become the new frontier. While the “Buy Now” button might seem like the final step, for savvy businesses, it’s merely the gateway to a deeper customer connection. The checkout experience, often relegated to a necessary afterthought, holds immense potential to shape customer perception and drive exponential growth.

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Energy stocks boost European shares at open

Global Banking & Finance

Energy stocks boost European shares at open (Reuters) – European shares opened higher on Friday, as firmer crude oil prices lifted energy stocks, though the focus was also on a U.S. inflation print, which could be key in gauging the global monetary policy path. The pan-European STOXX 600 gained 0.

Shares 52
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Here are Rosenblatt's best AI and tech ideas for the second half

CNBC: Investing

Rosenblatt is laying out its top artificial intelligence pick heading into the second half of 2024.

IT 65
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Keywords Studios says it is willing to accept £100m less from suitor

The Guardian: Mergers & Acquisitions

Video game services company ‘minded to recommend’ EQT’s revised £2.1bn takeover offer amid sector slowdown The video game services company Keywords Studios has said it is prepared to accept £100m less from its private equity suitor, after revealing that a slowdown in the sector had led to a number of its projects being cancelled or delayed. The Swedish private equity investor EQT originally put forward a £25.50 a share offer for Keywords, a 70% premium on its market price in May, worth £2.2bn.

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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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These stocks offer growth at a reasonable price with the second half of 2024 around the corner

CNBC: Investing

Investors can look for stocks that offer growth at a reasonable price in the second half of 2024.

Stock 63
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Stopping Supply Chain Attacks with Cisco’s User Protection Suite

Cisco: M&A

Learn about how Cisco’s User Protection Suite can stop supply chain attacks and protect users.

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What DORA & NIS2 means for financial institutions

Global Banking & Finance

What DORA & NIS2 means for financial institutions By Ben Stickland, Hive Member at CovertSwarm The Digital Operations Resilience Act, or DORA for short, is a new EU regulation aimed at improving the cyber resiliency of EU-based financial institutions.

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An options trade that wins if the red-hot chip trade cools off in the second half

CNBC: Investing

Jeff Kilburg analyzes the chip sector and describes how he's playing it with options.

Trading 61
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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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Man Group PLC : Form 8.3 - International Paper Company

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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Silicon Box picks Italy’s Piedmont region for $3.4 billion chip plant

Global Banking & Finance

Silicon Box picks Italy’s Piedmont region for $3.4 billion chip plant ROME (Reuters) -Singapore-based semiconductor firm Silicon Box has picked the town of Novara, in the industrialised northwestern region of Piedmont, for its new multi-billion-euro chip factory in Italy, the industry ministry said on Friday. The three-year-old startup, created by the founders of U.

IT 40
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NOTICE TO DISREGARD -- Polysleep

Global Newswire by Notified: M&A

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- We are advised by Polysleep that journalists and other readers should disregard the news release, “Domfoam Expands its Toronto Operations with Acquisition of Foamco Industries” issued June 28, 2024, over GlobeNewswire.