Mon.Jul 31, 2023

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Dynatrace acquires cloud-native debugging platform Rookout

TechCrunch: M&A

Observability and security platform Dynatrace today announced that it plans to acquire Rookout , a Tel Aviv-based observability startup that focuses on helping developers troubleshoot and debug their code in production. Publicly traded Dynatrace already offers a comprehensive suite of observability tools, but the addition of Rookout will allow it to expand these services with code-level observability into production environments.

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[Hybrid Event] Hot Topics in Mergers & Acquisitions 2023 - September 20th, New York, NY

JD Supra: Mergers

Join our expert faculty of lawyers, general counsels, regulators and investment bankers as we explore the current state of M&A and the trends you need to be aware of for the year ahead.

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New Relic’s sale tells us much about the value of middling growth today

TechCrunch: M&A

Monitoring service New Relic this morning said it has agreed to be acquired by Francisco Partners and TPG for $6.5 billion in cash. Shares of the company, which went public back in 2014, are up around 13.5% on the news. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.

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CT and NY Are Looking Closely at Transactions Involving Group Practices

JD Supra: Mergers

Group medical practices in Connecticut and New York that are contemplating acquisitions, mergers or other significant transactions with third parties should pay close attention to new legal developments in these states. Regulatory authorities in both jurisdictions have recently taken steps to track these transactions more closely and appear to be adapting to consolidation across the….

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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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Aiding & Abetting: Del. Chancery Tags Buyer with $400 Million Judgment

Deal Lawyers

I’ve blogged several times about recent cases involving aiding & abetting claims against buyers. This is a significant emerging trend and I’ve generally tried to blog about new cases dealing with these claims on a timely basis. That being said, I’ve been sitting on an important one for a while.

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Antitrust M&A Snapshot - Q2 2023

JD Supra: Mergers

APRIL – JUNE 2023: KEY THEMES AND TAKEAWAYS - UNITED STATES - • Federal Trade Commission Unveils Proposal Detailing Significant Changes to Hart-Scott-Rodino Act Merger Notifications On June 27, 2023, the Federal Trade Commission (FTC) issued its previously signalled proposal to overhaul the Hart-Scott-Rodino (HSR) Act merger notification regime. If the notice of proposed rulemaking (NPRM) is implemented in its current form, the changes stand to dramatically increase the burden on merging.

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EC Issues Revised Guidelines on Agreements Between Competitors: 10 Key Takeaways

JD Supra: Mergers

On June 1, 2023, the European Commission (EC) adopted revised Horizontal Guidelines (HGs) and two updated block exemption regulations (BERs) on research and development (R&D) and “specialisation” agreements. These materials provide valuable guidance on how European Union (EU) competition law applies to agreements between competitors. The BERs apply from July 1, 2023.

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'Oracle of Boston' Seth Klarman's value investing principles have stood the test of time

CNBC: Investing

The billionaire hedge fund manager has been a religious follower of Benjamin Graham's investing style, buying out-of-favor and undervalued assets.

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WATKINS WELLNESS EXPANDS INTO SAUNA CATEGORY THROUGH THE ACQUISITION OF SAUNA360

Global Newswire by Notified: M&A

Vista, California, July 31, 2023 (GLOBE NEWSWIRE) -- Watkins Wellness, a leader in hot tubs and aquatic fitness systems, today announced the expansion of its portfolio of personal well-being products and entry into the sauna category as a result of the pending acquisition of Sauna360 Group Oy (“Sauna360”) by Watkins Wellness’ parent company, Masco Corporation.

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This ignored corner of the market offers yield for income-seeking investors — and it's on sale

CNBC: Investing

Utilities are generally known for usually safe, bond-like dividends. Here are the top names.

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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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At 40 Years Old, Arca Fondi SGR Remains Proactive in Meeting Evolving Investment Needs

Global Banking & Finance

At 40 Years Old, Arca Fondi SGR Remains Proactive in Meeting Evolving Investment Needs Milan-based asset management company Arca Fondi SGR has a rich history spanning four decades. Founded with a view to serving the typical Italian saver with a basic understanding of finance and a low-risk propensity, Arca Fondi SGR specialises in long-term investing.

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Morgan Stanley says these 5 stocks are ways to play the green housing market

CNBC: Investing

Environmentally friendly residential home products may be gaining favor among consumers.

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Russia’s Wartime Spending Raises Fears of an Economic Bubble

The New York Times: Banking

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.

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Earnings playbook: How to trade some of the biggest reports this week, including Apple

CNBC: Investing

When all is said and done, about 160 S&P 500 companies will have reported their latest quarterly results this week alone.

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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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Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes

Global Banking & Finance

Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings created by COVID-19 could be a curve ball that slams into bullish sentiment.

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Goldman Sachs upgrades Chevron, says big gains are coming for the energy giant

CNBC: Investing

The firm upgraded shares of the oil giant to buy from neutral Monday and raised its price target to $187.

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IPv6 and the OMB Mandate: What’s Your Strategy?

Cisco: M&A

A shift in how the U.S. Federal Government connects to the Internet is underway.

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Sell Carvana as the company's current tailwinds aren't sustainable, Jefferies says

CNBC: Investing

Carvana stock could be poised for a 32% slump as profitability proves to be unsustainable, according to Jefferies.

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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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At Europe’s big banks, women make some gains despite Rose exit

Global Banking & Finance

At Europe’s big banks, women make some gains despite Rose exit By Brenna Hughes Neghaiwi and Tom Sims ZURICH (Reuters) -Alison Rose’s resignation from NatWest leaves just one woman in charge of a major western European bank, highlighting an acute gender imbalance that persists across the sector despite pledges to increase female representation.

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Morgan Stanley upgrades Adobe, cites A.I. acceleration

CNBC: Investing

The bank upgraded Adobe to overweight from equal weight on Monday.

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Global Banking & Finance Award Winner – NMB Bank PLC

Global Banking & Finance

Exclusive interview in London with Innocent Yonazi, Head of Investor Relations at NMB Bank PLC.

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Bank of America upgrades Hasbro, says new 'Magic: The Gathering' cards will boost earnings

CNBC: Investing

The bank upgraded the stock to buy from neutral on Monday, and increased its price target to $85 from $68.

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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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What’s in a Name? The XDR for 2023 and beyond

Cisco: M&A

Today, Cisco XDR is generally available, making it a great day to discuss, “What’s in a name?” By now we hope you have heard that Cisco XDR is a game changer.

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Jefferies downgrades Ford, cites concern around weak Model E guidance

CNBC: Investing

Jefferies is stepping back on Ford just two months after turning bullish on the legacy automaker.

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HealthEdge, United Western and A-CAP recap healthcare products provider Veridian

PE Hub

Veridian’s founder and President Steve Bisulca retained a meaningful ownership position in the company and will continue in his role as Veridian’s president. The post HealthEdge, United Western and A-CAP recap healthcare products provider Veridian appeared first on PE Hub.

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These factors will be big market drivers in the final five months of the year

CNBC: Investing

What's caused this amazing run, and what will the rest of the year look like?

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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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Francisco Partners and TPG to take observability platform New Relic private for $6.5bn

PE Hub

According to terms of the agreement, New Relic shareholders will receive $87 per share in cash. The post Francisco Partners and TPG to take observability platform New Relic private for $6.5bn appeared first on PE Hub.

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Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Amazon, Chevron, Walmart, Adobe & more

CNBC: Investing

Here are Monday's biggest calls on Wall Street.

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Stafford taps Carrabes as North America head of client solutions

PE Hub

Prior to Stafford, Carrabes was responsible for managing some of the largest institutional relationships at Amundi US. The post Stafford taps Carrabes as North America head of client solutions appeared first on PE Hub.

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Oil is headed for its best monthly gain in more than a year. How to trade it

CNBC: Investing

CNBC Pro looked for stocks that could benefit from further gains in oil.

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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?