Fri.Aug 09, 2024

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FDIC Proposes Amendments to Its Change in Bank Control Act Regulations

JD Supra: Mergers

The proposal would establish stricter oversight of certain transactions and responds to concerns that large asset managers may be exerting influence on FDIC-supervised institutions. On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a Notice of Proposed Rulemaking to amend the agency’s regulations under the Change in Bank Control Act (the Proposal).

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Markets no longer think the Fed needs to be as aggressive with interest rate cuts

CNBC: Investing

Market pricing points to about a coin flip between the probability of a quarter-point or half-point reduction in September.

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States Want in on the Merger Review Fun

JD Supra: Mergers

While they have long taken a back seat to federal merger reviews, US states are becoming increasingly involved in merger reviews, including potentially requiring premerger notifications on a broad scale. On July 24, 2024, the Uniform Law Commission adopted its Uniform Antitrust Pre-Merger Notification Act (Model Act) as model legislation for states to use to implement premerger filing regimes.

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Former Twitter Board Member Sues Elon Musk’s X For $20 Million in Pay

The New York Times: Mergers, Acquisitions and Dive

After purchasing Twitter, Mr. Musk failed to cash out Omid Kordestani’s stock, according to allegations in a new lawsuit.

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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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What Are Fraudulent Transfer Claims and What Defenses Exist to Such Claims? - Creditor’s Rights Toolkit

JD Supra: Mergers

A fraudulent transfer is an attempt to avoid a debt by improperly transferring assets to a third party, or a transfer of assets for less than fair value made while the company is insolvent or will become insolvent as a result of the transfer. Each state has its own statute regarding fraudulent transfers generally based on the Uniform Voidable Transactions Act or Uniform Fraudulent Transfer Act.

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More Trending

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Professor Bainbridge Queries Whether SB 313 Eviscerates Omnicare, But Does That Question Have Any Relevance To California Corporations?

JD Supra: Mergers

Delaware practitioners and legal scholars are digesting the implications of SB 313 which adds a new Section 122(18) to the Delaware General Corporation. According to the bill's synopsis, this new provision.

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Bank of America says buy this ‘diamond in the rough’ cybersecurity stock with more than 25% upside

CNBC: Investing

Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close.

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Managing Reputational Risk In Corporate Transactions

JD Supra: Mergers

For an organization to succeed in the market, it must have a solid reputation; negative public perception resulting from unethical conduct, adverse legal and regulatory actions, and harmful business practices can result in the loss of business, customers, and overall corporate value.

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Investment platform Hargreaves Lansdown agrees £5.4bn takeover

The Guardian: Mergers & Acquisitions

Big payday for founders after offer by private equity consortium that means London stock market exit Hargreaves Lansdown has agreed a £5.4bn takeover by private equity suitors that will give hundreds of millions of pounds to its billionaire founders and result in the investment supermarket becoming the latest company to leave the London stock market.

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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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Healthcare & Life Sciences Private Equity Deal Tracker: Consello Acquires EHE Health

JD Supra: Mergers

Consello Capital has announced its acquisition of EHE Health. EHE, founded in 1913 and based in New York, is a national network provider of preventive healthcare to employers.

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How to Cope When the Markets Panic

The New York Times: Banking

Take a deep breath and make sure you’re well positioned for a potential storm, our columnist says. But stick it out for the long haul.

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Even in an Olympic Year, a “Low Bar” for Intervening Parties can be a Major Hurdle

JD Supra: Mergers

The road leading away from HCA Healthcare’s 2019 acquisition of the multi-campus Mission Health hospital system in Western North Carolina has been a bumpy ride. HCA has faced suit connected to the transaction alleging it exploited monopoly power – resulting in higher prices, lower quality care, and limited patient access. State and local politicians decried HCA’s record on charity care and patient safety.

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Wells Fargo says buy stocks, not the stock market now. Here's its bargain list

CNBC: Investing

Watch these stocks as Wall Street tries to regain ground from a global sell-off.

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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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Smart Grid Market to Reach USD 207.82 Billion by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Smart Grid Market will reach a value of USD 207.82 Billion by 2031, with a CAGR of 19.9% during the forecast period (2024-2031). The demand for smart grids increases yearly with constant technological updates that expand electric power demand in nearly all aspects of human lives.

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Here are Friday's biggest analyst calls: Nvidia, Amazon, Chipotle, Uber, Eli Lilly, Sweetgreen, Burlington, Synchrony & more

CNBC: Investing

Here are Friday's biggest calls on Wall Street.

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How to Maximize Your Earnings from Selling a Manufacturing Business

Lake Country Advisors

Understanding that Wisconsin’s manufacturing sector accounts for 20% of the state’s GDP, it becomes clear that this industry is vital to the local economy. The state is home to well-known companies like Harley-Davidson, Johnson Controls, and Rockwell Automation, which collectively employ nearly 458,000 workers. The vibrant market presents a substantial opportunity for business owners looking to sell their manufacturing businesses.

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Bank of America's stocks to help you sleep at night after wild week

CNBC: Investing

The Wall Street bank is offering up some stocks to help investors sleep soundly during bouts of market volatility.

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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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Understanding the Difference Between Hedge Funds and Private Equity

MergersCorp M&A International

The world of finance is often daunting, especially for those unfamiliar with the intricacies of investment vehicles like hedge funds and private equity. While both hedge funds and private equity are alternatives to traditional investments, they serve different purposes, employ various strategies, and cater to distinct investor profiles. This article aims to provide a comprehensive overview detailing the differences, similarities, strategies, risks, and investor requirements associated with hedge

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Leveraging Technology to Boost Business Efficiency

Global Banking & Finance

In the rapidly evolving world of business, staying ahead of the curve is essential for sustained growth and success. One of the key drivers of this advancement is technology, which continues to reshape industries and redefine business operations.

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Aadhaar Virtual ID (VID): How To Generate Aadhaar Virtual ID?

Razorpay

What is Aadhaar Virtual ID (VID)? Aadhaar Virtual ID (VID) is a 16-digit temporary number linked to your Aadhaar card. This innovative feature allows you to use a VID instead of your actual Aadhaar number for authentication and e-KYC services. As a business owner or merchant, understanding VID can help you offer secure verification options to your customers while protecting their sensitive information.

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Precedent Wealth Partners: Why experienced talent is crucial for startup success

Global Banking & Finance

In the feverish, ever-changing landscape of startups, “innovation” and “agility” are usually mentioned as magic words on the way to success. For any emerging company, the ability to quickly come up with breakthrough ideas and adapt to the market’s fluctuation is very important.

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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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Partnership in Action: Creating Connection through Community Impact

Cisco: M&A

Cisco ThousandEyes hosted its second annual Partner Connection – an event dedicated to sharing ideas, creating connections, and engaging with our channel partners. They partnered with Cisco’s Partnering for Purpose team to incorporate a meaningful giveback element into the agenda.

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Dollar steady on US jobs relief as yen heads for first weekly drop in six

Global Banking & Finance

By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) -The dollar was close to a one-week high against other major currencies on Friday after the biggest drop in U.S. jobless claims in close to a year allayed fears of a looming economic downturn. The U.S.

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Harfang convient d’acquérir NewOrigin pour consolider les actifs Casa Berardi en Ontario

Global Newswire by Notified: M&A

MONTRÉAL et TORONTO, 09 août 2024 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (TSX.V : HAR) (« Harfang ») et NewOrigin Gold Corp. (TSX.V : NEWO) (« NewOrigin ») sont heureuses d’annoncer qu’elles ont conclu une convention d’arrangement définitive en date du 8 août 2024 (la « convention ») en vertu de laquelle Harfang a convenu, sous réserve de certaines conditions, d’acquérir la totalité des actions ordinaires émises et en circulation de NewOrigin (les « actions de NewOrigin »

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French 2024 wine production seen falling after wet weather

Global Banking & Finance

By Sybille de La Hamaide PARIS (Reuters) – Wine output in France, the world largest producer, is set to fall sharply this year after very humid weather helped develop diseases across French vineyards this year, and some regions were hit by hail and frosts, the farm ministry said on Friday.

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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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Harfang Agrees to Acquire NewOrigin to Consolidate Casa Berardi Trend Assets in Ontario

Global Newswire by Notified: M&A

MONTREAL and TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (TSX.V: HAR) (“ Harfang ”) and NewOrigin Gold Corp. (TSX.V: NEWO) (“ NewOrigin ”) are pleased to announce that they have entered into a definitive arrangement agreement dated August 8, 2024 (the “ Agreement ”) pursuant to which Harfang has agreed, subject to certain conditions, to acquire all the issued and outstanding common shares of NewOrigin (the “ NewOrigin Shares ”) that it does not already own or may acquire

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What is POS Terminals? Features, Benefits, and How it Works?

Razorpay

What is a POS Terminal? A Point of Sale (POS) terminal is a hardware device used to process card payments and manage transactions at retail locations. Modern POS terminals go beyond basic functions and can include features such as inventory management, sales reporting, and support for various payment methods. These terminals can range from traditional cash registers to advanced devices like smartphones with card readers, countertop terminals with barcode scanning, portable devices, and systems w

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What to do If You Are Struggling With Paying Your Mortgage: Steps One Should Follow

Global Banking & Finance

If you live in a high cost of living area, it can be hard to make ends meet. If you have been living paycheck to paycheck and now cannot pay your mortgage, there are steps that you could follow to find relief.

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