Sat.Sep 14, 2024 - Fri.Sep 20, 2024

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Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.

The New York Times: Banking

The Nobel-winning economist has some advice for Jerome Powell.

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Indemnification Escrow Accounts – What Are They and How Should They Be Used?

JD Supra: Mergers

Parties to business acquisitions use indemnification clauses to provide security for harm that may result following the closing of the transaction. Indemnification obligations require one party to compensate the other for costs that arise relating to the performance (or lack thereof) of the terms the parties agreed to in the transaction documents.

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State Street launches new FX trading tool

The TRADE

State Street has launched a new decision augmentation tool leveraging BestX transaction cost analysis and its FX Connect trading platform to optimise clients trade execution. Named BestXecutor, the new tool offers FX Connect clients actionable pre-trade analytics to optimise request-for-stream and algo execution, embedded into a client’s FX Connect workflow and integrated with its GlobalLink Digital platform.

Trading 71
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Big stock sales from tight-lipped Berkshire Hathaway executives are saying a lot

CNBC: Investing

Top bosses at Berkshire Hathaway are usually buttoned up about their market outlook, but recent actions from the executives are telling a lot.

Sale 127
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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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Oracle gave a glimpse of the power AI has on its business. Where investors should look next

CNBC: Investing

Oracle's recent rally is a reminder that the recent churn in tech stocks could be opening up some opportunities in the software sector.

Investors 134

More Trending

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Kiwibot acquires an ad startup to turn its delivery robots into mobile billboards

TechCrunch: M&A

There’s ample opportunity in the form of a mobile billboard. Kiwibot is so convinced of this fact that it plunked down $25 million to purchase Nickelytics. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 239
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What You Gain With A Niche Recruiter

H. Friedman Search

Niche recruiters are recruiters fully immersed in their particular industry. It’s their responsibility to know everything that is going on within their particular field of expertise. However, niche recruiters can be too broad in scope. What you want is a niche recruiter that specializes in your extremely specific field. For example, there are niche recruiters in sales, yet sales is so broad.

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Due Diligence Preparation

Beyond M&A

There’s a clear difference between firms that are well-prepared and open during due diligence preparation and those that are reactive and guarded. A company’s readiness can significantly impact how smoothly the due diligence process unfolds. Preparing for due diligence is like convincing kids to do their homework—they know they should, but it often feels tedious without a genuine sense of urgency or interest.

Investors 130
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DOJ Hits Venue Services Group With $3.5 Million HSR Gun-Jumping Penalty

JD Supra: Mergers

The US Department of Justice (DOJ) filed a complaint and proposed consent decree alleging that Legends Hospitality Parent Holdings prematurely acquired beneficial ownership – often referred to as “gun jumping” – in connection with its proposed acquisition of ASM Global. The proposed final judgment requires Legends, a global venue services company providing food and beverage services in stadiums and other venues, to pay a $3.

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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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Workday acquires AI-powered document platform Evisort

TechCrunch: M&A

Workday announced on Tuesday that it’s acquiring Evisort, an AI-powered contract management platform, for an undisclosed amount. In a statement, Terrance Wampler, group general manager at Workday, said that Evisort’s tech will enable Workday to add a range of AI-powered document processing tools to its existing finance and HR software. “Evisort will help us deliver […] © 2024 TechCrunch.

Finance 241
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Stocks Rally a Day After Fed’s Big Interest Rate Cut

The New York Times: Banking

The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.

S&P 141
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Bank of America sees rate cuts propelling gold to $3,000, and this stock is a way to play it

CNBC: Investing

Gold prices have been on a tear this year and could rally even higher in 2025 on the back of interest rate cuts, according to Bank of America.

Bank 140
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No Rest for the Weary: Three Trends to Watch in Shareholder Activism This Fall

JD Supra: Mergers

Fall is fast approaching, so most major US public companies have held their 2024 annual meetings. But, while temperatures are sure to cool in the coming months, the same can no longer be said for the shareholder activism environment. Originally published by CorpGov, September 12, 2024.

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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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Generative AI startup Typeface acquires two companies, Treat and Narrato, to bolster its portfolio

TechCrunch: M&A

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $165 million at a $1 billion valuation. Typeface revealed on Monday that it has purchased Treat, a company using AI to create personalized photo products, and Narrato, an AI-powered content creation and management […] © 2024 TechCrunch.

Portfolio 234
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Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian

The New York Times: Mergers, Acquisitions and Dive

The airline’s chief executive, Ben Minicucci, said in an interview that closing its acquisition of Hawaiian Airlines would allow it to expand, including on international routes.

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Goldman Sachs sees S&P 500 at 6,000 in 12 months, gives basket to play lower rates

CNBC: Investing

'Resilient economic growth should lead to modestly higher bond yields while continued earnings growth drives modestly higher equity prices,' Goldman said.

S&P 131
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Competition Currents: Summer 2024 News Round Up

JD Supra: Mergers

Put down the lemonade and break out the pumpkin spice: summer is coming to an end. And while you were in the pool – or maybe just answering emails poolside – the antitrust agencies showed no signs of a summer slowdown. Before we bid farewell to the warmest months of the year, join us for a look back at some of the antitrust news stories that made headlines this summer.

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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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Redburn Atlantic expands Boston and Frankfurt sales trading team with two new hires

The TRADE

Redburn Atlantic has made two new hires within its sales trading teams in Boston and Frankfurt, The TRADE can reveal. Alexander Laux has been appointed as a new equity sales trader, based in Frankfurt, covering German clients primarily. Laux joins Redburn Atlantic from Barclays, where he spent the last 14 years. According to the firm, his experience in high touch, low touch and PT trading will help broaden the client base in Germany, which has already seen significant growth since the merger wit

Sale 107
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TikTok Faces Tough Questions From Judges in Fight Over U.S. Ban

The New York Times: Mergers, Acquisitions and Dive

TikTok on Monday pushed back against a law that would force the popular video app to sell to a non-Chinese owner or be banned, in what is shaping up to be a landmark case.

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Buy stocks like Nvidia to cash in on the AI data center wave, Bank of America says

CNBC: Investing

The firm said there's a slew of stocks that benefit from the AI and data center trend — and they have plenty of upside.

Stock 143
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Public Company Watch: September 2024

JD Supra: Mergers

In the September edition of our Public Company Watch, we cover key issues impacting public companies, including updates regarding the most recent amendments to the Delaware General Corporate Law and the EU’s Corporate Sustainability Due Diligence Directive, the Federal Court’s striking down the FTC’s non-compete ban, the implications of the Loper and Corner Post decisions, and a new incentive for whistleblowers.

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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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Untangling credit and liquidity in FX

The TRADE

Central to many discussions on stage at TradeTech FX this week was the need to untangle credit and liquidity in order to allow the buy-side to future proof their trading workflows. Historically market structure in foreign exchange (FX) has lent itself to ISDA-based, direct bilateral trading, meaning buy-side firms – in particular real money firms who don’t have the capabilities to use a prime broker model – are often locked into these relationships with banks based on credit lines.

Broker 105
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Will TikTok Be Banned in January? That Question is Headed to Court

The New York Times: Mergers, Acquisitions and Dive

TikTok will be in federal court on Monday, aiming to block a new law that will ban the popular video app in the United States early next year.

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BlackRock's Rick Rieder says a golden age for fixed income begins this week with the Fed rate cut

CNBC: Investing

Here's where investors should take advantage of this "golden age of fixed income" according to BlackRock's Rick Rieder.

Investors 135
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SBA Proposes Rule That Will Change M&A Landscape for Small Business, Recertifications to Impact Award Eligibility

JD Supra: Mergers

The Small Business Administration ("SBA") recently issued a proposed rule that changes the effect of a concern's size recertification following mergers and acquisitions ("M&A") activity. Notably, the proposed rule is ostensibly an omnibus proposal as it covers a host of issues under SBA's socio-economic contracting programs. The proposed rule, for example, includes changes to SBA's negative control affiliation provisions (discussed here), joint venture rules, mentor-protégé rules, and others

M&A 182
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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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Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports

Global Newswire by Notified: M&A

NEW YORK, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Swifty Global (OTC: DRCR), a company with ambitious growth plans, has signed a binding Letter of Intent to be acquired by Signing Day Sports (NYSE: SGN). Signing Day Sports has initiated a strategic, aggressive buy-and-build acquisition strategy aimed at scaling its business while driving profitable, cashflow-positive growth.

Debt 110
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Alaska Airlines Can Merge With Hawaiian Airlines, U.S. Says

The New York Times: Mergers, Acquisitions and Dive

The airlines agreed to maintain some routes and meet other conditions to secure the Transportation Department’s approval of their merger.

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Traders got their big-rate-cut wish and markets still couldn't rally

CNBC: Investing

Stocks struggled to advance after the decision, after initially popping. Some investors believe the central bank may have jumped the gun.

Investors 135