Fri.Oct 06, 2023

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Hospital Acquisitions in Louisiana Avoid FTC Review, for Now

JD Supra: Mergers

More hospital acquisitions may seek to avoid premerger scrutiny of the Federal Trade Commission (FTC) under the HSR Act (or any antitrust inquiry ever) if a recent federal district court decision holds up and becomes settled law.

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Former Americans Who Gave Up Their Citizenship Want Their Money Back

The New York Times: Banking

Former U.S. citizens who live abroad have filed a class-action lawsuit saying the $2,350 fee to relinquish their nationality was exorbitant.

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DOJ Unveils New M&A Safe Harbor Policy & Signals Resource Surge

JD Supra: Mergers

Over the last two years, the Department of Justice (DOJ) has announced numerous policy changes on corporate criminal enforcement policies, which were largely based on a self-described “carrot and sticks” approach (“a mix of incentives and deterrence”). The latest policy affects mergers and acquisitions.

M&A 171
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Jobs Gains Heat Up Even as the Federal Reserve Looks for Cooling

The New York Times: Banking

Fed officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.

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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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DOJ Announces New Voluntary Safe Harbor Policy for Mergers & Acquisitions

JD Supra: Mergers

Deputy Attorney General Lisa Monaco announced a new safe harbor policy for voluntary self-disclosures made in connection with mergers and acquisitions on Wednesday. Pursuant to this new policy, the DOJ will not prosecute companies that self-report potential violations occurring within an acquisition target's business. By: Miles & Stockbridge P.C.

Mergers 171
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Stocks Slip as Strong Jobs Report Pushes Bond Yields Higher

The New York Times: Banking

Employment data for September showed surprising strength in the economy, but that resiliency has become a cause for concern among investors.

Stock 138

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PepsiCo is among the most oversold S&P 500 stocks. Here are the others

CNBC: Investing

CNBC Pro used FactSet data to screen for the most overbought and oversold names in the S&P 500 based on their 14-day relative strength index, or RSI.

S&P 134
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Safe Harbor Policy Incentivizes Disclosure of Acquired Companies’ Misconduct

JD Supra: Mergers

Summary - Deputy Attorney General Lisa O. Monaco unveiled Wednesday, Oct. 4, the Department of Justice’s (DOJ) new safe harbor policy for voluntary self-disclosures (VSD) arising from mergers and acquisitions (Safe Harbor Policy).

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Exxon Mobil Reportedly Nears a Deal for Pioneer, a Shale Giant

The New York Times: Mergers, Acquisitions and Dive

Exxon Mobil is reportedly in talks to buy Pioneer Natural Resources, a major shale driller, in what would be the biggest takeover of the year.

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DOJ Announces New Mergers & Acquisitions Safe Harbor Policy

JD Supra: Mergers

On October 4, 2023, Deputy Attorney General Lisa Monaco announced a new safe harbor policy that may shield companies from criminal prosecution for misconduct they uncover at companies they are acquiring or have recently acquired.

Mergers 165
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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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Investors can get a 5% yield in these assets and skip the bond market volatility

CNBC: Investing

Here's what to know about government money market funds.

Investors 123
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FTC Set to Reshape HSR Premerger Notification Process

JD Supra: Mergers

Merger control in the United States is on the cusp of significant change as the Federal Trade Commission, in collaboration with the Department of Justice, prepares to finalize a proposed rule—first announced in June—that will reshape premerger notifications that are required to be filed under the Hart-Scott-Rodino (HSR) Act. After a 30-day extension to the public comment period late this summer, the clock expired for comments on September 27, 2023.

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Bernstein says buy Disney, calls it the 'only credible challenger to Netflix'

CNBC: Investing

AllianceBernstein said Disney's planned buyout of Hulu will pay off in the long run.

IT 119
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National Security: Overview of CFIUS Review Regime

Deal Lawyers

If you’re looking for an overview of what CFIUS is all about, check out this recently updated “CFIUS Overview” from Cooley. It addresses, among other things, CFIUS’s jurisdiction, mandatory filings and the voluntary review regime, types of CFIUS filings, and filing fees.

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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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Volatility is back — Here's what hedge funds are doing during the market's wild swings

CNBC: Investing

Amid the elevated volatility, hedge funds increased their short activity while focusing on quality stocks, according to Goldman Sachs' prime brokerage data.

Funds 119
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Choosing a Cisco partner with the expertise you need

Cisco: M&A

Selecting the right partner is critical to ensure you achieve your desired business outcomes.

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Formula One gets upgraded by Citi, which says concerns around Las Vegas race are 'overblown'

CNBC: Investing

Investors have become overly bearish on the Vegas Grand Prix and the prospect of U.S. sports rights renewals, said Citi.

Investors 119
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Goal-oriented: 7 private equity deals in the sports sector

PE Hub

Apollo, Clearlake and Sixth Street are among the private equity firms buying and selling in the wide world of sports. The post Goal-oriented: 7 private equity deals in the sports sector appeared first on PE Hub.

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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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Here are Friday's biggest analyst calls: Netflix, Nvidia, Eli Lilly, Disney, Levi's, Exxon, Walmart and more

CNBC: Investing

Here are Friday's biggest calls on Wall Street.

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Aviva shares leap on speculation of takeover by foreign buyer

The Guardian: Mergers & Acquisitions

Rumours of potential swoop by international rivals drives up shares in UK’s biggest insurer Nils Pratley: Aviva no longer needs a rescue Shares in Aviva, the UK’s biggest insurer, jumped after reports that it could be the target of a takeover by a foreign buyer. Its shares rose as much as 10% at one point on Friday before closing 5% higher at 407.9p, valuing the company at £11.2bn and catapulting it to the top of the FTSE 100 index.

Shares 89
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Pioneer Natural Resources soars amid report that it could be acquired by Exxon. Here’s what the pros say

CNBC: Investing

Pros on CNBC discussed Pioneer Natural Resources after The Wall Street Journal reported that Exxon Mobil is in talks to buy the shale-drilling company.

IT 116
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Warburg’s Ruoxi Chen: Innovative therapies will drive demand for Simtra BioPharma Solutions

PE Hub

Warburg Pincus and Advent International earlier this week completed the carve-out of Baxter International’s BPS business for $4.25bn. The post Warburg’s Ruoxi Chen: Innovative therapies will drive demand for Simtra BioPharma Solutions appeared first on PE Hub.

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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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These are the food and snack companies most at risk as the new obesity drugs revolutionize consumer behavior, according to BofA

CNBC: Investing

CNBC Pro compiled a few of the names the firm sees as at risk.

Food 115
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More than an Asset: The People Side of Mergers & Acquisitions

Cisco: M&A

Jason Button is a director at Cisco and leads the company’s Security and Trust Mergers and Acquisitions (M&A) team.

Mergers 75
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Here are Thursday's biggest analyst calls: Nvidia, Meta, Ford, Wingstop, American Express and more

CNBC: Investing

Here are Thursday's biggest calls on Wall Street.

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VCI Global Limited Proposes Acquisition of Resort Properties in Bali and Phuket

Global Newswire by Notified: M&A

KUALA LUMPUR, Malaysia, Oct. 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has entered into a letter of intent to acquire the leasing rights of Impiana Private Villas Cemagi, Bali and Impiana Private Villas Kata Noi, Phuket from Impiana Sdn Bhd, through its subsidiary, V Capital Real Estate Sdn Bhd.

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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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Wells Fargo’s top fourth-quarter trade ideas include a biopharma stock that could rally 60% off a new treatment

CNBC: Investing

Analysts at Wells Fargo listed their top high-conviction and catalyst-driven stock ideas for the fourth quarter.

Stock 109
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Warburg details Simtra co-investment with Advent; plus 7 PE deals that play ball

PE Hub

TSCP’s PestCo picks up Live Oak Pest Control and PestBan+; a look at seven private equity firms investing in sports in various ways; Warburg Pincus and Advent International’s carve-out of Baxter International’s BioPharma Solutions business. The post Warburg details Simtra co-investment with Advent; plus 7 PE deals that play ball appeared first on PE Hub.

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Retail investors are buying the dip in force on two of the worst-performing investments right now

CNBC: Investing

Two defensive funds saw heavy buying from retail traders in recent days, according to Vanda Research.

Retail 109
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FILS Europe 2023: Understanding how to utilise data is essential for improving workflows

The TRADE

At the Fixed Income Leaders Summit, advancements in technology and the growing use of data were noted as something that could help bolster trading strategies if utilised correctly, particularly for the next-generation trader. Panellists highlighted that this is only useful if traders know how to utilise data to improve workflows. Without that, this development could be viewed as futile.

Trading 72
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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?