Fri.Oct 18, 2024

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Comprehensive WARN Act FAQ for Employers in the Energy Sector

JD Supra: Mergers

The US energy sector’s ongoing consolidation wave, which saw $250 billion worth of deals in 2023 and continues into the current year, is reshaping the industry landscape. As companies seek to deploy cash reserves and enhance their oil and gas portfolios, mergers and acquisitions (M&A) have become increasingly common.

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Bank of America hikes Nvidia price target, says shares can rally almost 40%

CNBC: Investing

Nvidia could be positioned for even more growth ahead, according to Bank of America.

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DOJ Criminal Division Issues Updated Guidance on Corporate Compliance Programs Focused on AI Risks

JD Supra: Mergers

On September 23, 2024, the Department of Justice’s (“DOJ”) Criminal Division announced significant changes to its Evaluation of Corporate Compliance Programs (“ECCP”), which prosecutors use in assessing the effectiveness of corporate compliance programs. The changes to the ECCP cover a range of compliance topics, but most notably focus on steps companies should be considering to mitigate the increasing risks of artificial intelligence (“AI”) and other new technologies.

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Jefferies says these top stock picks are cheap and offer upside heading into year-end

CNBC: Investing

As the fourth quarter ramps up, several stocks have room to rally in coming months, according to Jefferies.

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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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Material Adverse Effects: Insights from the High Court of Justice

JD Supra: Mergers

Uncertainty caused by macroeconomic risks such as the COVID-19 pandemic, severe weather events and geopolitical tensions has given rise to increased judicial consideration of contractual terms apportioning risk in the negotiation and execution of commercial transactions. A common mechanism for apportioning such risks in the context of M&A transactions are "Material Adverse Event" Or "Material Adverse Change" (MAE) clauses.

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FTC and DOJ Report on Merger Trends in 2023: A Year of Big Deals and Big Scrutiny

JD Supra: Mergers

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) have released the 2023 Hart-Scott-Rodino (HSR) Annual Report, offering key insights into merger activity over the past fiscal year. The report sheds light on the increasing complexity of transactions, the agencies’ strengthened enforcement efforts, and the need to modernize the antitrust review process.

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Fireside Friday with… FINBOURNE Technology’s Tom McHugh

The TRADE

What are the key issues associated with manual data reconciliation processes? Historically, the technology and processes to support manual data reconciliations have been very much geared towards addressing challenges around sharing the data, looking at the data and then using very linear technologies over the top. But a series of trades doesn’t simply add up to a position.

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FDIC, OCC Finalize Policy on Bank Merger Transactions

JD Supra: Mergers

Regulators seek to provide clarity and transparency on the bank merger review process, but changes may increase application complexity and unpredictability. Consistent with ongoing initiatives to strengthen US antitrust regulation, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice (DOJ) recently announced changes that may reshape the landscape of bank mergers.

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Money Market Rates Are Lower, Yes. But Compared to What?

The New York Times: Banking

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.

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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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FTC Finalizes Major Rewrite of HSR Filing Requirements

JD Supra: Mergers

Last week, the Federal Trade Commission (FTC) voted unanimously to issue a final rule that implements significant changes to the Hart-Scott-Rodino (HSR) premerger notification form and accompanying instructions. While the final rule includes numerous modifications from the draft proposal that was announced in June 2023 (see our previous client alert).

Trading 167
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These dividend-paying stocks could be in the 'early innings' of a rally

CNBC: Investing

Wolfe Research says it's time to step back into health-care stocks. CNBC Pro screened for dividend-paying companies with upside potential.

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Next Stop: Charlotte October 2024 - Underwriting Secondaries Deals

JD Supra: Mergers

The market for financing pools of interests in private equity funds and private credit funds continues to sizzle, with new lenders joining the market and competition on pricing leading to a tightening of spreads for the most sought after deals. We are regularly having conversations with business principals, risk officers and internal lawyers at new and existing lenders looking to better understand this market.

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Advanced Care Group Expands Nationwide with Acquisition of 3D Medical Staffing and AI-Powered Recruiting Solutions

Global Newswire by Notified: M&A

Advanced Care Group, Joint Commission-accredited, expands with 3D Medical Staffing integration, enhancing AI-driven healthcare recruitment nationwide.

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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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US State Regulatory Spotlight on Healthcare Transactions: Reflections From 2024

JD Supra: Mergers

State-level oversight of M&A and other strategic transactions involving healthcare is continuing to expand into new markets and impact growth strategies. The interest and need for healthcare services transactions in the United States continues, as providers, payors, investors, and others develop and adapt to new delivery models aimed at addressing systemic problems related to access, quality, outcomes, competition, and cost.

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This rangebound precious metal is about to break out and see strong gains, says Carter Worth

CNBC: Investing

Range bound the past six months, silver is now toying with the prospect of an important breakout: up and out of the range in which it's been mired.

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Final HSR Rules: Major Changes Ahead for Premerger Filings

JD Supra: Mergers

On October 10, 2024, the Federal Trade Commission (FTC) unanimously approved sweeping changes to the premerger filings required under the Hart-Scott-Rodino (HSR) Act. While the final rules differ significantly from the Notice of Proposed Rulemaking (NPRM) the FTC issued on June 27, 2023, the changes will nonetheless require a dramatic increase in the information and documents to be submitted with most HSR filings, leading to a corresponding increase in the time, burden and expense of.

Trading 161
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Investors may be too bullish on chip stocks. This options strategy can hedge against a pullback

CNBC: Investing

Chips remain on fire in 2024 despite the recent volatility in earnings reports.

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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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Finalized HSR rules set to take effect in early 2025

JD Supra: Mergers

For the first time in 46 years, the Federal Trade Commission (FTC) has approved extensive updates to the Hart-Scott-Rodino (HSR) Act premerger notification form and associated instructions, as well as the premerger notification rules implementing the HSR Act. These changes, which were unanimously approved by the FTC and were previewed in our July 6, 2023 alert, represent a significant development in the US merger control process and substantially increase the information, data, and documents.

Mergers 161
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Banks are ready to embrace AI, but customers are hesitant: How to bridge the trust gap with GenAI and customer communications

Global Banking & Finance

By Scott Draeger Scott Draeger is the SVP of Product Marketing and Vertical Solutions at Smart Communications. With a passion for collaboration, he focuses on how communications can be better for the recipient and perform better for the business.

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FTC Finalizes Changes to Premerger Notification Form: What It Means for Healthcare Transactions

JD Supra: Mergers

At long last, we have a rule. On October 10, 2024, the Federal Trade Commission (FTC) unanimously issued a final rule updating the Hart-Scott-Rodino Act (HSR Act) premerger notification process (the Final Rule). The Final Rule is expected to go into effect in January 2025.

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The Kulpa Foundation Explains How Philanthropy Can Bridge the Digital Divide in Underprivileged Communities

Global Banking & Finance

Access to the internet and technology is no longer a luxury—it’s a basic necessity. Whether for education, healthcare, or job hunting, being connected opens doors to countless opportunities. But for millions in underserved communities, the digital divide remains a significant barrier. Without reliable access to technology, they’re left out of the digital economy.

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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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[Video] Podcast - FOCI Mitigation: SSAs, SCAs and Proxy Agreements

JD Supra: Mergers

The 11th episode of "Are We All Clear? Facilitating Security Clearances" explores the role of outside directors and proxy holders within the National Industrial Security Program Operating Manual (NISPOM) framework and their significance in insulating a cleared company from its foreign owners. Host Molly O'Casey and International Trade attorney Antonia Tzinova discuss practical approaches to the selection, employment and accountability of these positions, as well as delve into the broader context

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Bell Canada’s Transformation Journey with Routed Optical Networking

Cisco: M&A

Jason Teller sat down with Marc-André Gilbert, Senior Manager of Transport Planning at Bell Canada, to hear about the company’s network transformation journey using Routed Optical Networking and how it will enable Bell Canada to fulfill its strategic imperative to be the best network in the country while significantly reducing costs.

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Transformative impact of consolidation in financial advisory and wealth management

Global Banking & Finance

By Mike Foster, Chief Commercial Officer at Coleman Wealth As we navigate a period of unprecedented change within the global financial advisory and wealth management sectors, a powerful wave of consolidation is reshaping the landscape. This trend is only set to intensify and is driven by a variety of factors.

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Netflix earnings beat expectations. Here's what analysts are saying

CNBC: Investing

Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter.

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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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Allianz Trade in Asia Pacific appoints ASEAN Commercial Director

Global Banking & Finance

Harry Edwards tasked with formulating commercial strategies for ASEAN hub Allianz Trade in Asia Pacific is pleased to appoint Harry Edwards as ASEAN Commercial Director with effect from 21 October 2024.

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Fed rate cuts can boost this trade that's a seasonal winner, Tom Lee says

CNBC: Investing

Homebuilding stocks tend to rally from late October into the following spring, according to Fundstrat.

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Number of female business leaders in Britain falls in 2024, report says

Global Banking & Finance

LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an “unacceptable” reversal that could delay gender parity for another five generations, a consultancy said on Thursday.