Thu.Oct 10, 2024

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The Power of Preferred Stock: A Primer for VC, PE, and Founders

JD Supra: Mergers

Preferred stock is a key financing instrument in the world of private equity (PE) and venture capital (VC), frequently used to balance the interests of investors and founders. Issued by corporations, preferred stock confers specific rights and privileges — often outlined in the company’s certificate of incorporation — making it distinct from common stock.

Stock 291
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Can I Really Get What I Want?

H. Friedman Search

I want to explore the idea that a lot of potential candidates have but don’t necessarily verbalize. “Can I really get what I want if I make a move to a new company?” The answer is yes… with one qualification being you must know what it is that you are looking for. The What & Why The most important thing that a qualified candidate searching for a new position is they must know (with certainty) what they are seeking and (almost as important) why they are entertaining looking for a new position

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Webinar Takeaways: Managing Antitrust Risk When Using Artificial Intelligence — a US Perspective | Epiq

JD Supra: Mergers

Artificial Intelligence (AI) can help corporations create operational efficiencies, enhance customer experiences, optimize business strategies, significantly reduce costs, and increase profitability. However, using AI tools can create significant antitrust risks for businesses. Those risks include AI’s impact on the accumulation of market power, access of large technology companies to client data, and the relationships between….

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TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case

The New York Times: Banking

The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money laundering laws, and regulators imposed a cap on TD’s ability to accept new deposits.

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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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Deere FCPA Enforcement Action: Lessons on Pre-Acquisition Due Diligence in M&A

JD Supra: Mergers

We recently had a Foreign Corrupt Practices Act (FCPA) enforcement action that reminded me that everything old is new again in anti-corruption compliance. The Securities and Exchange Commission (SEC) FCPA enforcement action involving Deere has bribery schemes that were torn literally from the first decade of the 21st century as they involved gifts, travel, and entertainment.

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More Trending

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CTA Compliance Check-In #2

JD Supra: Mergers

In June we circulated an article entitled “Mid-year assessment: Are you in good shape on CTA compliance?” The Corporate Transparency Act (CTA) deadline for filing BOI reports with FinCEN is now less than three months away – any “reporting company” formed before 2024 must file its BOI report on or before January 1, 2025.

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JPMorgan downgrades industrial bellwether after recommending it for almost 15 years

CNBC: Investing

The Charlotte-based industrial conglomerate's likely divestitures are near-term headwinds, leading the Wall Street investment bank to move to the sidelines.

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Canada's M&A Landscape Q3 2024: Creativity in Canadian Deal Making

JD Supra: Mergers

The third quarter of 2024 saw big deals, some encouraging trends and lower interest rates in Canada's M&A market. Dealmakers continue to show their creativity to bridge the valuation gap between buyers and sellers. We look at these developments in this latest edition of Bennett Jones' quarterly M&A update—as well as the growing role and importance of representations and warranties insurance (RWI) in Canadian M&A transactions.

M&A 171
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Reliance Disclaimers: Drafting Points

Deal Lawyers

Glenn West has an article in Business Law Today on the Chancery Court’s decision in Labyrinth v. Urich, (Del. Ch.; 1/24).

Business 100
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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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FCA publishes Dear CEO letter setting out expectations for financial advisers and investment intermediaries

JD Supra: Mergers

On 7 October 2024, the FCA issued a “Dear CEO letter” (“Letter”) to firms whose primary business is financial advice or investment intermediation. The Letter contains a summary of the FCA’s priorities and expectations of firms in this sector.

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Partners who use Cisco Marketing Velocity can generate 5.2x more pipeline

Cisco: M&A

Discover the Reimagined Cisco Marketing Velocity Central! Generate 5.2x more pipeline with our revamped platform, featuring enhanced search, AI tools, streamlined campaigns, and more. Join our Partner Activation contest for exciting prizes!

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Women's Health Medical Device Company Caldera Medical Acquires UVision 360

JD Supra: Mergers

Caldera Medical, Inc. on October 8th, 2024, announced the acquisition of UVision 360, Inc. Caldera Medical develops medical devices for women’s health, including surgical products for the treatment of stress urinary incontinence, pelvic floor disorders, pelvic organ prolapse, and hysteroscopic removal of intrauterine tissue.

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The Next Wave of Service Assurance: Driving Revenue and Customer Experience

Cisco: M&A

An investment in service assurance is expected to deliver operational benefits, but it can also enable market differentiation and new revenue sources. Read how end-customer portals, per-QoS SLA reporting, alerting, and notifications help service providers deliver new, innovative solutions faster, more reliably, and with greater agility for their B2B customers.

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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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Insights from the latest UK NSI Act Report

JD Supra: Mergers

The UK government (“Government”) has published its latest annual report (“Report”) on the National Security and Investment Act 2021 (“NSIA” or “NSI Act”). The Report covers the period from 1 April 2023 to 31 March 2024 (“Reporting Period”). The Government ‘called in’ fewer transactions for substantive review than in the previous reporting periods despite an increase in the number of notifications.

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Shaping the Future: Announcing the U.S. Fast Future Innovation Awards

Cisco: M&A

Announcing the U.S. Fast Future Innovation Awards (FFIA)—the hunt for groundbreaking ideas that leverage AI to make a tangible impact. Whether your passion lies in education, sustainability, hybrid work, cybersecurity, healthcare, or critical infrastructure, your innovation could be the game-changer that revolutionizes how we live and work.

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Commission's First Decision Under the Foreign Subsidies Regulation Authorising a Concentration Subject to Conditions

JD Supra: Mergers

On 24 September 2024, the European Commission adopted its first decision under the Foreign Subsidies Regulation (“FSR”).

IT 165
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These stocks reporting earnings next week have a history of beating expectations

CNBC: Investing

Bespoke Investment Group screened for companies reporting next week that have beat consensus analyst estimates at least 70% of the time.

Stock 116
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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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Elevating Education: Drucker School of Management and EHL Hospitality Business School Launch a Premier DBA Program

Global Newswire by Notified: M&A

Strategic Partnership: Drucker School of Management and EHL Launch Cutting-Edge DBA Program Strategic Partnership: Drucker School of Management and EHL Launch Cutting-Edge DBA Program

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Morgan Stanley just met with Nvidia's CEO and came away even more confident in its top pick

CNBC: Investing

"This is still an exceptional situation, with AI the most important trend in technology," analyst Joseph Moore said.

IT 141
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Introducing Cisco’s AI Security Best Practice Portal

Cisco: M&A

Cisco's AI Security Portal contains resources to help you secure your AI implementation, whether you're a seasoned professional or new to the field.

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Friday's big stock stories: What’s likely to move the market in the next trading session

CNBC: Investing

The S&P 500 and the Dow retreated from their records on Thursday, as an inflation report weighed on stocks. Here's what CNBC is watching going into Friday.

S&P 88
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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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RBC Capital Markets trader joins JP Morgan

The TRADE

Olivia Gassner has joined JP Morgan as VP, equity electronic sales trader following a stint at RBC Capital Markets. New York-based Gassner served in the same role at RBC Capital Markets for three years prior to the move. Read more: JP Morgan taps Liquidnet for VP, equities e-trading coverage In the past, she worked at Barclays for almost five years, most recently as an associate, equity electronic sales trader.

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Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently

CNBC: Investing

Warren Buffett's Berkshire Hathaway cut its stake in Bank of America below an important level.

Bank 108
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Cboe Global Markets to launch options on VIX futures next week

The TRADE

Cboe Global Markets has announced new options on Cboe Volatility Index (VIX) futures which are expected to begin trading on Cboe Futures Exchange (CFE) on 14 October. Catherine Clay, global head of derivatives at Cboe The new options on VIX futures will offer investors an additional tool to help manage US equity market volatility. They complement Cboe’s existing securities-based VIX index options, which are designed to provide similar risk management and yield enhancement capabilities.

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Here are Thursday's biggest analyst calls: Nvidia, Microsoft, Netflix, CVS, Honeywell, Nike, AIG, Sunnova & more

CNBC: Investing

Here are Thursday's biggest calls on Wall Street.

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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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FIANCIERE MONCEY : COMMUNIQUÉ RELATIF AU DÉPÔT DU PROJET DE NOTE EN RÉPONSE AU PROJET D’OFFRE PUBLIQUE DE RETRAIT SUIVIE D’UN RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIÉTÉ

Global Newswire by Notified: M&A

COMMUNIQUÉ DE PRESSE DU 10 OCTOBRE 2024 RELATIF AU DÉPÔT DU PROJET DE NOTE EN RÉPONSE AU PROJET D’OFFRE PUBLIQUE DE RETRAIT SUIVIE D’UN RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIÉTÉ

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The S&P 500's latest move to record highs may not be as good as it looks

CNBC: Investing

Strategas found a small share of S&P 500 members hitting 20-day highs bodes poorly for the index going forward.

S&P 88
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Patagonia Gold Consolidates Mina Angela Project

Global Newswire by Notified: M&A

VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it has acquired four new mineral concessions totaling 15,494 hectares surrounding its Mina Angela project in Chubut Province, Argentina. The Company now controls over 52,000 hectares of mineral properties in the area.

IT 59