Wed.Nov 06, 2024

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What About Acts By Members That Are Not Apparently For Carrying On In The Ordinary Course Of An LLC's Business?

JD Supra: Mergers

California's version of the Revised Uniform Limited Liability Company Act provides that in the case of a member managed limited liability company provides.

Business 167
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Books & Records: The Chancellor Provides a Drafting Lesson

Deal Lawyers

Chancellor McCormick’s brief letter opinion in Floreani v. FloSports, (Del. Ch.; 10/24), may be worth sticking in your files, because it provides a handy roadmap on how to draft a Section 220 books & records request.

IT 113
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Multiples, Multiples, Multiples! Why Manufacturing Companies Should Look Beyond EBIDTA Multiples

JD Supra: Mergers

What are you hearing? What do the “multiples” look like in my [insert sub-industry] in manufacturing?

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These S&P 500 stocks are cheap and expected to do well from here

CNBC: Investing

A select few stocks are still trading cheap despite the broader equity market trading near its all-time highs.

S&P 111
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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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Finance in Africa

European Investment Bank

This is the European Investment Bank’s ninth annual report in this series, which covers Africa’s banking system, financial markets, digitalisation/fintech and climate finance. It draws on the EIB Banking in Africa Survey 2024, carried out between February and March 2024. The survey covered 51 banks across sub-Saharan Africa and the report draws on evidence from the World Bank Enterprise Surveys and a range of other data sources.

Finance 65

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Fresche Solutions Acquires Redbourn Business Systems to Expand IBM i Synon/CA 2E Services in the UK and Europe

Global Newswire by Notified: M&A

Fresche Solutions acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services.

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Stocks to buy once election results are clear and volatility eases, according to Bank of America

CNBC: Investing

Bank of America screened for several lower-quality stocks inversely correlated to the VIX that could see a pop in their share price.

Bank 70
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Reborn Coffee Closes Acquisition of 58% Stake in South Korea’s Bbang Ssaem Bakery

Global Newswire by Notified: M&A

Reborn Coffee Closes Acquisition of 58% Stake in South Korea’s Bbang Ssaem Bakery.

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Coty sees annual profit at low end of forecast as mass beauty demand slows

Global Banking & Finance

(Reuters) – Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in major markets such as the United States and Australia offset gains in the fragrance segment.

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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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Norsk Hydro: Status tilbakekjøp av egne aksjer

Global Newswire by Notified: M&A

Nedenfor er informasjon om transaksjoner foretatt under tilbakekjøpsprogrammet for Norsk Hydro ASA. Dato for når tilbakekjøpsprogrammet ble annonsert: 11.

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United States renews calls for Italy to scrap its web tax, sources say

Global Banking & Finance

By Giuseppe Fonte ROME (Reuters) – The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the U.S.’ insistence increases the risk of retaliation if Rome ignores the request.

IT 52
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Norsk Hydro: Status share buyback program

Global Newswire by Notified: M&A

Please see below information about transactions made under the share buyback program for Norsk Hydro ASA. Announcement date of the share buyback.

Shares 52
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Gilead 3rd-quarter results beat Wall Street estimates, raises outlook

Global Banking & Finance

By Deena Beasley (Reuters) -Gilead Sciences reported third-quarter financial results that handily beat Wall Street expectations on Wednesday as sales climbed 7%, leading the drugmaker to raise its outlook for full-year earnings. Gilead shares rose more than 3% after it reported its results and revised forecast.

Sale 52
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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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Repo trading becoming an increasing priority for the buy-side

The TRADE

Repo is increasingly no longer just a bank topic anymore, said experts speaking at a closed Deutsche Boerse roundtable on Tuesday. Robbert Booij The asset class is increasingly becoming a buy-side topic said experts as end clients are voluntarily joining the cleared repo environment, viewing it as a neat instrument to facilitate trading. Erik Müller, chief executive of Eurex Clearing described repo as “the oil in the wheels of financial markets,” and a key priority for the business going forwa

Trading 59
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Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump

Global Banking & Finance

By Akash Sriram (Reuters) -Lyft on Wednesday forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for its ride-hailing services from people returning to workplaces. Lyft shares, which typically see substantial price swings following its quarterly earnings, jumped about 22% in extended trading.

Shares 52
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Kepler Cheuvreux makes key additions to Milan office

The TRADE

Kepler Cheuvreux has expanded its Milan-based team with the appointment of Luca Carollo as head of sales, Italian clients, and Paolo Sturlese as head of Italian equities. Luca Carollo, Paolo Sturlese Carollo brings 25 years’ experience from both Milan and London to the role. He most recently served as head of equity sales and sales trading for Italian clients at Société Générale.

Sale 64
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Enel posts 6.5% rise in 9-mth core profit on renewable power growth

Global Banking & Finance

By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country.

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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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TerrAscend Enters Ohio with the Signing of Definitive Agreement to Acquire a Well Situated and Profitable Dispensary

Global Newswire by Notified: M&A

Acquisition represents the Company’s initial entry into its sixth state; Intends to be a leader in Ohio through additional acquisitions Expected to be.

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European Investment Bank to give 900 million euros to flood-hit Spain

Global Banking & Finance

MADRID (Reuters) – The European Investment Bank on Wednesday announced a 900-million-euro financial aid package to help Spain’s recovery and reconstruction efforts after last week’s deadly flash floods that hit the eastern region of Valencia particularly hard.

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Territorial Bancorp Shareholders Approve Hope Bancorp Merger

Global Newswire by Notified: M&A

HONOLULU, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) announced that its shareholders voted to approve the Company’s proposed merger with Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE) at the Special Meeting of Territorial Stockholders held today.

Mergers 45
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Italy opens procedure against Sinochem over Pirelli possible governance breach

Global Banking & Finance

MILAN (Reuters) – Pirelli said on Wednesday that Italy’s Prime Minister’s Office opened an administrative procedure against its largest shareholder, China’s Sinochem, for a possible breach of provisions Rome imposed to shield the tyremaker’s autonomy.

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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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Zeo Energy Corp. and Lumio Complete Sale Transaction

Global Newswire by Notified: M&A

Zeo Energy Acquires Substantially All of Lumio’s Assets Transaction is Expected to Position Zeo Energy for Enhanced Market Presence and Expansion NEW.

Sale 45
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Guiding Success: Daniel Asiedu’s Leadership and OmniBSIC Bank’s Growth Journey

Global Banking & Finance

Daniel Asiedu, Banking CEO of the Year Ghana 2024, shares insights on his transformational leadership, OmniBSIC Bank’s outstanding performance, and future strategic goals.

Shares 52
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Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition

Global Newswire by Notified: M&A

HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions.

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Novo Nordisk CEO on Wegovy prices, supplies and compounding

Global Banking & Finance

LONDON (Reuters) – Novo Nordisk reported forecast-beating quarterly sales of its popular Wegovy weight-loss drug on Wednesday, sending its shares up nearly 9%.

Sale 52
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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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Deals of the Year: Janney Montgomery Scott acquires TM Capital, a ‘perfect’ match

TM Capital

Atlanta Business Chronicle awards Janney Montgomery Scott’s acquisition of TM Capital as one of their deals of the year. Read the full article here The post Deals of the Year: Janney Montgomery Scott acquires TM Capital, a ‘perfect’ match appeared first on TM Capital. Success. Realized.

Capital 40
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Understanding the importance of cybersecurity threat intelligence in the financial services industry

Global Banking & Finance

By Terrence Driscoll, Chief Information Security Officer at Cyware The past year has seen numerous ransomware attacks on the financial services industry, with nearly two-thirds of organisations falling victim in one way or another.

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Azuria Water Solutions Announces the Acquisition of a portion of Miller Pipeline’s Municipal Services Division

Global Newswire by Notified: M&A

Azuria Water Solutions™ today announced the acquisition of a portion of Miller Pipeline LLC’s municipal services division operations.