Fri.Jun 09, 2023

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The Art of the Dealership: A Legal Road Map for Buying and Selling Automotive Dealerships

JD Supra: Mergers

The past few years have seen dramatic shifts for mergers and acquisitions involving automotive dealerships. It has been estimated that approximately 3% of dealerships undergo a change of ownership in an average year.

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Founders of Three Arrows, Failed Crypto Fund, Are Living Large

The New York Times: Banking

The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.

Funds 100
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Public-to-private deals continue their hot streak

JD Supra: Mergers

The late-2022 rally in stock markets could have been expected to dampen the appetite for take-privates in private equity (PE) circles. However, that did not seem happen. Public-to-private (P2P) transactions show few signs of slowing any time soon following another busy few months.

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Goldman Sachs raises year-end S&P 500 target to 4,500, anticipating 5% upside

CNBC: Investing

The rally, previously concentrated among Big Tech names, is broadening, the firm said.

S&P 98
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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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Slight Resurgence? A Hart-Scott-Rodino Act Transaction Update (May FY 2023)

JD Supra: Mergers

Editor’s Note: The Hart Scott Rodino Act (HSR Act) is a federal law that requires companies planning to merge or acquire certain assets or voting securities to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before completing the transaction. The HSR Act establishes the FTC and DOJ Premerger Notification Program, which is designed to allow the agencies to review the proposed transaction for potential antitrust concerns.

Trading 137
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Morgan Stanley says this materials stock can rally nearly 20% as earnings outlook improves

CNBC: Investing

The firm upgraded shares to overweight from equal weight.

Shares 98

More Trending

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Citi downgrades Target, says concerning sales trends make stock not worth buying

CNBC: Investing

The firm downgraded the retail giant to neutral from buy.

Retail 98
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Should you opt for one large fixed deposit or multiple smaller FDs?

Business Standard - FInance

For earning better returns, you can spread your investments across multiple fixed deposits with different maturity dates instead of locking all your funds in one fixed deposit for a longer period.

Funds 98
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UBS calls this beauty stock a top idea exiting earnings season

CNBC: Investing

The firm said risk-reward is good despite a post-earnings selloff.

Stock 98
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Creating Partner Opportunities with the Cisco FSO Platform

Cisco: M&A

In the rapidly evolving world of technology, staying ahead of the game is crucial for businesses.

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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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Tesla's charging partnerships with Ford, GM will speed up green energy transition, Cathie Wood says

CNBC: Investing

Tesla's rose Friday after the electric vehicle company announced another charging partnership, this time with General Motors.

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Going to the bank with Rs 2,000 notes? Things you should keep in mind

Business Standard - FInance

The I-T department is keeping a close watch on cash transactions that deposit more than Rs 10 lakh in a saving account or more than Rs 50 lakh in current accounts

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Here are Friday's biggest analyst calls: Apple, Netflix, Target, Tesla, Corning, Adobe, Meta & more

CNBC: Investing

Here are the biggest calls on Wall Street on Friday.

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EV financing platform Revfin raises $5 million in investment from DFC

Business Standard - FInance

The fintech plans to introduce new products by diversifying into two-wheelers for last-mile deliveries, four-wheelers for mid-mile cargo delivery, and ride-share taxis

Finance 98
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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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This under-the-radar customer engagement platform can rally more than 40% with the help of A.I., Goldman says

CNBC: Investing

The firm's price target reflects 41% upside.

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Go Digit Life Insurance receives IRDAI's approval to start business

Business Standard - FInance

"This is the fourth registration granted by IRDAI in last one year in Life and Non-life segment," it added

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Semiconductor stocks are on track for their best first half on record. Analysts expect these names to keep rising

CNBC: Investing

Semiconductor stocks have surged this year as investors bet on the promise of artificial intelligence, with the sector on pace for its best first half ever.

Stock 98
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Moving the Security Poverty Line: Why We Need a Collaborative Approach to Cybersecurity

Cisco: M&A

Cybersecurity is not just an add-on to our technological infrastructure; it is an integral part of it.

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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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Tesla stock pops on partnership with General Motors. Here's what the experts have to say

CNBC: Investing

Pros on CNBC discussed what they think about Tesla as the stock jumps after the company announced a partnership with GM Thursday.

Stock 98
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TVS Credit Services raises Rs 480 crore capital from Premji Invest

Business Standard - FInance

TVS Credit Services: The primary capital will be utilised to further strengthen TVS Credit's efforts in expanding its customer base in new markets

Capital 98
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Investors are shifting into high-yield ETFs with a potential Fed pause on the horizon

CNBC: Investing

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) brought in nearly $1.2 billion in cash over the past week, according to FactSet.

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IIFL Finance keen to raise more funds through bond market, says CFO

Business Standard - FInance

As on March 31, the company's total borrowing stood at nearly 40 billion rupees ($485.07 million).

Finance 98
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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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Warner Bros. Discovery and Tesla power this week's gains as S&P 500 hits highest level since August

CNBC: Investing

As the S&P 500 approached a fourth-straight week of gains, these names stood out as winners.

S&P 98
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The Risks of Storing Money in Apps Like Venmo and Cash App

The New York Times: Banking

The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble.

Funds 98
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A.I. should help this software stock rally nearly 20%, Wells Fargo says

CNBC: Investing

The firm upgraded shares to overweight from equal weight.

Shares 98
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Fostering Entrepreneurial Talent: Guadalupe Rodriguez’s Dedication to Cultivating Market Settlers

Global Banking & Finance

Fostering Entrepreneurial Talent: Guadalupe Rodriguez’s Dedication to Cultivating Market Settlers Visionary leaders play a pivotal role in the dynamic world of entrepreneurship, where groundbreaking ideas take shape and transform industries. They possess the unique ability to turn concepts into tangible realities, which drives innovation and shapes the future of business.

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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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Announcing Cisco ISE 3.3

Cisco: M&A

If you were at Cisco Live in Las Vegas earlier this week you surely saw that Cisco had a lot of new products to announce.

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Clarification on applicability of TCS on overseas credit card spends soon

Business Standard - FInance

The tax department will soon come out with a clarification in the form of FAQs to distinguish between expenses incurred on personal visits and business trips for levy of 20 per cent TCS on overseas credit card spends from July 1, a senior official said on Friday. Following a notification which brought credit card spends under LRS, concerns have been raised on how personal and business expenses would be segregated by the banks who will be required to deduct the TCS on such expenses.

Finance 97
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That’s a wrap for Cisco Live US 2023! But it’s just the beginning for Cisco application solutions

Cisco: M&A

Cisco FSO Platform Cost Optimization Booth This year’s Cisco Live was one of the most memorable ever.

IT 91
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India's forex reserves snap 2-week decline, jump $5.9 bn to $595 bn

Business Standard - FInance

India's forex kitty jumped USD 5.929 billion to USD 595.067 billion for the week ended June 2, the Reserve Bank said on Friday. The reserves had dropped for two consecutive weeks and declined by USD 4.34 billion to USD 589.14 billion in the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

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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?