Wed.Aug 07, 2024

article thumbnail

Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

TechCrunch: M&A

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to […] © 2024 TechCrunch.

article thumbnail

AI Considerations in Government Contract Related M&A Transactions

JD Supra: Mergers

As general interest and investment in AI has accelerated since the initial public launch of ChatGPT, so too has the U.S. federal government both increased its spending in the area and the speed with which it adopted guidelines on the utilization of AI more generally. This tracks other actions outside the U.S., and anticipates corresponding initiatives at the state and municipal levels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

After EU approval, UK clears HPE’s $14B Juniper Networks acquisition

TechCrunch: M&A

Hewlett Packard Enterprise's (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.'s Competition and Markets Authority (CMA) has confirmed that the deal won't face any further scrutiny. © 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

The Download: Do I need to make money to go public?

JD Supra: Mergers

01 Do I need to make money to go public?02 A new M&A playbook in the age of AI03 Cyber enforcement forecast post-SolarWinds decision04 Cyber diligence for IPOs with Kroll’s CISO05 The Download Quiz: Venture capital trends from Europe.

IPO 187
article thumbnail

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.

article thumbnail

Private Equity: Big Players are Targeting Middle Market Deals

Deal Lawyers

Last week, I blogged about how PE sponsors have been accumulating quite a bit of dry powder since the beginning of 2024, but that it’s been the big players that have reaped the largest windfall.

More Trending

article thumbnail

Warren Buffett now owns more T-bills than the Federal Reserve

CNBC: Investing

The Omaha, Nebraska-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.

article thumbnail

Revamped Competition Act Radically Alters Canadian Competition Law

JD Supra: Mergers

In our previous Bennett Jones insight, we described several upcoming (and far-reaching) amendments to the Competition Act (the Act) introduced by the Government of Canada in 2023. The most recent set of amendments came into force on June 20, 2024. Notably, these amendments follow amendments to the Act beginning in June 2022, and continuing in December 2023.

article thumbnail

Gold could end up being the best investment of 2024

CNBC: Investing

The gold trade has held up better than riskier asset classes in August and could benefit from Fed rate cuts in the months ahead.

article thumbnail

DAMITT Q2 2024: Abandonments Dominate the Podium in Merger Enforcement

JD Supra: Mergers

The U.S. agencies concluded 11 significant merger investigations in the first half of 2024—just one shy of the total concluded in all of 2023. Activity has picked up considerably since last year but is still below the historic DAMITT average.

Mergers 167
article thumbnail

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.

article thumbnail

'Mag 7' stocks are cheap and a buy after sell-off as long as no recession, Morgan Stanley says

CNBC: Investing

This week's steep sell-off in the market's reigning technology leaders could be a buying opportunity for investors, according to Morgan Stanley.

Investors 121
article thumbnail

Bermuda Public Companies Update, Summer 2024

JD Supra: Mergers

This edition of the Bermuda Public Companies Update summarises significant transactions involving Bermuda companies listed on the New York Stock Exchange (NYSE) and Nasdaq in the first half of 2024. Global Market Update - The first half of 2024 saw an overall 12% decrease in IPO activity, with a total of 551 listings across global exchanges. Capital raised fell by 16% to US$52.2 billion.

article thumbnail

What’s Behind All the Stock Market Drama?

The New York Times: Banking

Analysts and investors have many explanations, including worries about the health of the U.S. economy and shifts in the value of the Japanese yen.

Stock 121
article thumbnail

EMMA Notice for Insurer Merger

JD Supra: Mergers

Assured Guaranty Municipal Corp. (AGM) merged into Assured Guaranty Inc. (AG) on August 1, 2024. Issuers with outstanding bonds insured by a policy from AGM need to ensure a material event notice is timely filed on EMMA (emma.msrb.org) given the change.

Insurance 161
article thumbnail

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.

article thumbnail

The Mini Stock Market Crash and Why it Matters

The New York Times: Banking

They require infinite patience, often throw tantrums and are sometimes best ignored.

Stock 144
article thumbnail

UK Takeover Panel Makes Extensive Compensation and ‘Cold Shoulder’ Orders for UK Takeover Code Breaches

JD Supra: Mergers

The UK Takeover Panel (Panel) has made its first-ever compensation order under the statutory powers granted to it under the Companies Act 2006 (CA 2006). It has also issued “cold shoulder” orders against 10 individuals, the most extensive use by the Panel of this power.

IT 155
article thumbnail

From Cybersecurity Practitioner to Advocacy: My Journey Back to Cisco

Cisco: M&A

Discover Kyle Winters' journey from cybersecurity practitioner to Cisco technical advocate. Learn about his experiences, upcoming tutorials, and how to engage with the community.

98
article thumbnail

[Video] Work This Way: A Labor & Employment Law Podcast - Episode 27: The Importance of Employment Counsel in Corporate Transactions with Laura Mallory and Ashley Parr of Maynard Nexsen

JD Supra: Mergers

This week, Maynard Nexsen Labor & Employment attorneys Laura Mallory and Ashley Parr join hosts Tina and Christy to dive into the vital role employment counsel plays in corporate transactions. Laura and Ashley share employment related issues that arise in M&A deals such as wage & hour issues, misclassification of workers, and more, as well as the serious risks of not including employment counsel in corporate deals.

article thumbnail

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.

article thumbnail

Eli Lilly reports earnings Thursday. Here's what Wall Street is watching

CNBC: Investing

Novo Nordisk saw price pressure for its GLP-1 drugs Ozempic and Wegovy. Investors want to know how Eli Lilly's Zepbound performed.

Investors 114
article thumbnail

Jumpstart Your Meraki Auto-VPN Journey in the Multi-Cloud Environment

Cisco: M&A

See how to set up a working Auto-VPN architecture in a multi-cloud environment (AWS and Google Cloud). This guide provides actionable steps and techniques for designing and deploying Meraki vMX in a multi-cloud environment.

article thumbnail

These high-dividend-yielding stocks could see a rebound as rates decline, BMO says

CNBC: Investing

These dividend stocks are poised to move higher after the Federal Reserve starts cutting rates, says BMO.

Stock 117
article thumbnail

Why Japan Was Crushed Most in the Global Market Rout

The New York Times: Banking

The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.

Stock 91
article thumbnail

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.

article thumbnail

Wall Street Mastermind Review: Should You Hire a Coach to Get Into Investment Banking?

Mergers and Inquisitions

If you’ve read this site for a long time, you probably know that we focus on creating financial modeling courses and guides. We still offer coaching for more experienced candidates and students with significant work experience, and I used to personally do a good number of mock interviews and resume edits, but our business model has shifted over time.

article thumbnail

Scaling Up: ERP and Driving Business Growth

Growth Business

By Jon Roberts on Growth Business - Your gateway to entrepreneurial success Growth is of the highest importance for virtually any business. For small to medium-sized organisations, this is especially true. Escalating costs and increased competition mean that the status quo is not an option, and not growing can threaten the business’s existence.

article thumbnail

Cisco ISE 3.4 – Here and Now!

Cisco: M&A

Announced at Cisco Live US 2024 and available now, Cisco Identity Services Engine’s newest version: Cisco ISE 3.4, is bound to more bring more security to the network. In Cisco ISE 3.4, there are more than a dozen new features but the most catalyst-shaking is the availability of Common Policy.

article thumbnail

Bitcoin proving it's not quite the 'digital gold' many traders were hoping for it to become

CNBC: Investing

The market chaos this week has revived the debate about how to value bitcoin: Is it a risk asset or a hedge?

IT 84
article thumbnail

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?

article thumbnail

Northern Trust tapped by True Potential for outsourced trading solutions

The TRADE

Northern Trust has been selected by UK-based wealth management firm True Potential to provide outsourced trading services. Offered through its Integrated Trading Solutions (ITS) platform, Northern Trust will provide services across equities, fixed income and exchange traded derivatives, with coverage from multiple trading locations. The custodian will assume the trading function across True Potential’s internally managed funds with approximately £6.1 billion in assets under management.

Trading 62
article thumbnail

Here are Wednesday's biggest analyst calls of the day: Nvidia, Apple, Target, Super Micro & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

102
102
article thumbnail

Outsourced trading: Easy to do, difficult to get right

The TRADE

Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. However, an undeniable surge has occurred across the trading sphere over the last few years, with decidedly mixed results. Achieving the same (or better) outcomes as trading inhouse is undeniably difficult.

Trading 57