Fri.Aug 18, 2023

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Online wholesaler Boxed acquired after filing for bankruptcy

TechCrunch: M&A

After filing for Chapter 11 bankruptcy protection in April, online wholesale retailer Boxed has been acquired. U.S.-based regional distributor MSG Distributors, Inc. announced this morning its acquisition of Boxed.com and “other intellectual property portfolios and affiliates” in an all-cash transaction. Deal terms were not disclosed, but it’s not likely a high-value deal for a company that had raised north of $318 million through its lifetime, according to data from PitchBook.

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[Audio] Inside the UK Legal Startup Scene, with Henry Humphreys

JD Supra: Mergers

Ever wondered what the UK startup scene looks like compared to the US? Today we welcome Henry Humphreys, the managing partner of Humphreys Law, a London-based law firm specializing in technology, media, and startups. The episode delves into the differences between the UK and US startup scenes, highlighting London's emergence as a leading European hub for venture investment.

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08-18-2023 Newsletter: From Student Athlete/IB/PE to Incoming MBA

OfficeHours

We are excited to host a FORMER MENTEE of ours who will speak about his experience TODAY AT 12PM ET regarding how he transitioned from a student-athlete to Investment Banker to Private Equity Associate and now an Incoming MBA ! Date: TODAY – Friday, August 18th Time: 12:00 pm ET Anthony Neyer , an accomplished individual whose trajectory of excellence has taken him from the University of Southern California’s playing fields to the dynamic landscape of private equity.

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Blakes Competitive Edge™: August 2023 Update

JD Supra: Mergers

Welcome to the August issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments in Canadian competition law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends.

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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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Special Litigation Committees: One Person is Good Enough But Work Will be Carefully Examined

Deal Lawyers

This spring on TheCorporateCounsel.net, John blogged about the Delaware Chancery Court’s decision in In re Baker Hughes, a GE Company, Derivative Litigation, (Del. Ch.

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Wall Street awaits hotly anticipated Nvidia earnings. What the pros say to do next

CNBC: Investing

Pros on CNBC discussed Nvidia as the chipmaker prepares to announce its much-anticipated, second-quarter earnings Wednesday.

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More Trending

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Buy this chip stock to ride a 'wave of AI-led growth,' according to B. Riley Securities

CNBC: Investing

Moderating inventory headwinds and a reacceleration in hyperscale spending should propel this chip stock into its next growth wave.

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Paris bans pony rides for children following animal rights campaign

Global Banking & Finance

Paris bans pony rides for children following animal rights campaign By Antonia Cimini and Antony Paone PARIS (Reuters) – Paris will ban pony rides for children in its public parks from 2025 following a campaign by animal rights activists who argue that the ponies are not well treated.

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This one stock holds the key to the market and whether this August sell-off is something bigger

CNBC: Investing

Bank of America strategists think one specific stock could hold the key to whether the tough August on Wall Street is just temporary.

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UBS upgrades global equities’ rating to ‘neutral’

Global Banking & Finance

UBS upgrades global equities’ rating to ‘neutral’ (Reuters) – Economists at UBS have upgraded their rating for global equities, citing recent economic and inflation data coming in ahead of estimates and stronger-than-expected growth in the U.S. economy, with less likelihood of a recession.

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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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Citi says this high-flying Brazilian stock can rally another 30% from here

CNBC: Investing

Analyst Rafael Frade upgraded the Brazilian company — whose "super app" combines e-commerce, investing and other services — to buy from neutral.

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Credit Card Debt Hits New Peak as Some Borrowers Face Financial Strain

The New York Times: Banking

Debt rose to more than $1 trillion in the second quarter, a report found — a sign of financial strain for some, even before student loan payments resume.

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Here are some of the companies saying weight loss drugs could impact their business

CNBC: Investing

CNBC Pro screened earnings call transcripts to see how a range of corporations are faring as the popularity of the treatments grows.

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Dollar set for fifth winning week on Fed bets, China worries

Global Banking & Finance

Dollar set for fifth winning week on Fed bets, China worries By Kevin Buckland TOKYO (Reuters) – The dollar was set for a fifth winning week versus major peers, making it longest winning streak for 15 months, buoyed by expectations U.S.

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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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Rosenblatt names its top picks to play the ‘age of A.I. gold rush’

CNBC: Investing

Rosenblatt is calling out its favorite networking and semiconductor stocks as the "age of AI gold rush" kicks into high gear.

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British consumers curb their shopping in rainy July

Global Banking & Finance

British consumers curb their shopping in rainy July By William Schomberg and William James LONDON (Reuters) -British retailers reported a bigger-than-expected drop in sales in July as heavy rain put off shoppers who are also feeling the hit from high inflation and 14 back-to-back increases in interest rates.

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These dividend-paying stocks offer attractive income and a good opportunity, this portfolio manager says

CNBC: Investing

Neuberger Berman senior portfolio manager Sandy Pomeroy lays out her argument for dividend stocks and names opportunities ahead.

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Signpost reminds us that great things are possible through collaboration

Cisco: M&A

This blog was written by Andre Heller, Program Director of Signpost.

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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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This software stock can rally more than 30% after a post-earnings retreat, TD Cowen says

CNBC: Investing

Cowen initiated coverage at outperform and set a price target implying a 32.9% upside.

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Nike v. Adidas: Soccer World Cup sponsors gear up for England, Spain finale

Global Banking & Finance

Nike v. Adidas: Soccer World Cup sponsors gear up for England, Spain finale By Katherine Masters, Amy Tennery and Helen Reid NEW YORK/LONDON (Reuters) -When England and Spain face off in Sunday’s Women’s World Cup final, there will be more than sporting pride at stake.

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Here's more evidence that it's really hard to make money picking stocks

CNBC: Investing

Only a handful of stocks have accounted for the bulk of wealth creation in the stock market in the last 30 years.

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Cisco Full-Stack Observability Platform: Rapid Development and Partner Collaboration

Cisco: M&A

Collaboration was key in the development of the platform In June 2022, Cisco announced plans to develop Cisco Full-Stack Observability (FSO) platform, expanding upon the foundations set by… Read more on Cisco Blogs

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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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This education stock can rally more than 20% as pandemic recovery continues, Bank of America says

CNBC: Investing

The firm's target price implied shares could climb 23.9% in the next year.

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Euro zone inflation fall confirmed, easing pressure on ECB to hike

Global Banking & Finance

Euro zone inflation fall confirmed, easing pressure on ECB to hike FRANKFURT (Reuters) – Euro zone inflation slower further and even underlying price pressures appear to have peaked, Eurostat data showed on Friday, easing pressure on the European Central Bank to keep raising rates after its fastest rate-hike cycle on record.

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Bank of America calls this transportation stock a great turnaround story with 'significant upside'

CNBC: Investing

This school bus manufacturer stock still has "significant upside" ahead after already adding more than 91% from the start of the year, Bank of America says.

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General Atlantic backs home services company Flint Group

PE Hub

As part of the transaction, General Atlantic advisor Alan Ferber will join the Flint board. The post General Atlantic backs home services company Flint Group appeared first on PE Hub.

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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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Rusia, entre la guerra y la estabilidad económica

The New York Times: Banking

Las acciones del banco central subrayan el complicado momento que enfrentan las autoridades económicas rusas para intentar contener las fuerzas sísmicas desatadas por la invasión en Ucrania.

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The biggest tech deals in H1, plus Novacap banks on shifting ad trends

PE Hub

Trive Capital-backed EarthLink acquires internet provider One Ring Networks. The post The biggest tech deals in H1, plus Novacap banks on shifting ad trends appeared first on PE Hub.

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Tilray Brands Announces Acquisition of Truss Beverage Co.™

Global Newswire by Notified: M&A

Acquisition Positions Tilray as Leader in Adult-Use Cannabis Beverages in Canada, with a Combined Pro-Forma Market Share of ~36%1 LEAMINGTON, Ontario,

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Trive Capital-backed EarthLink buys internet provider One Ring Networks

PE Hub

Headquartered in Atlanta, EarthLink is an internet provider. The post Trive Capital-backed EarthLink buys internet provider One Ring Networks appeared first on PE Hub.

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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?