JD Supra: Mergers

SEPTEMBER 6, 2023

On August 11, Illinois Governor J.B. Pritzker signed House Bill 2222 (Public Act 103-0526) into law — bolstering Illinois’ antitrust prevention efforts by expanding the oversight purview of its Attorney General’s (AG) office with respect to health care transactions. Under the new law, the Illinois AG now has the power to review and assess certain “covered transactions” entered into between health care facilities and providers.

IT 296

IT 296

TechCrunch: M&A

SEPTEMBER 6, 2023

Venture-backed defense giant Anduril Industries is acquiring Blue Force Technologies, the advanced design and engineering firm behind the “Fury” unmanned fighter jet, as the company looks to build out its suite of autonomous systems for national security customers.

Engineering 284

Engineering Acquisitions Securities IT 284

H. Friedman Search

SEPTEMBER 7, 2023

We’ve discussed the proper way to say no, but how and when to say yes is just as important. It becomes even more critical if you are saying yes after turning down the offer previously or if you want to re-engage in the offer discussions after saying no. Saying yes and the timing of it is crucial, so let’s dive into this. The Question & Retort Where do we start with how to say yes?

IT 194

IT Recruitment Finance Finance 194

The TRADE

SEPTEMBER 4, 2023

The SEC has ordered the filing of a new national market system plan (NMS plan), specifically directing FINRA and 18 SROs associated with Cboe, Nasdaq, and NYSE to act jointly in developing the NMS plan. The results are set to be published for public comment, and according to the SEC, the revised plan must: include a date by which it will become fully effective, alongside a prescribed timeline and periodic progress reports; require that all those involved be subject to the plan’s conflicts-of-i

Equities 145

Equities Government Investors Securities 145

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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?

Management

JD Supra: Mergers

SEPTEMBER 8, 2023

“I love you, but you are not serious people.” This is the curse that Logan Roy, the founder and business titan of Waystar RoyCo, intones to his three stunned children during a poignant family moment. The three siblings (Kendall, Siobhan and Roman) vie for control of Dad’s media empire, and are monsters to each other. Yet, despite the hyperboles and cartoonish nature of the characters, the show reveals essential truths about succession planning for family businesses.

Business 259

Business Media 259

CNBC: Investing

SEPTEMBER 4, 2023

Portfolio managers say it's hard to pinpoint who the clear challenger to Nvidia will be, but the chipmaker won't be the only dominant player in town forever.

Portfolio Management 133

Portfolio Management Investors Portfolio Management 133

Global Banking & Finance

SEPTEMBER 6, 2023

Explainer-Behind the Disney-Charter dispute over the future of TV By Dawn Chmielewski and Lisa Richwine (Reuters) – Charter Communications, one of the biggest cable companies in the United States, is locked in a battle with Walt Disney in a distribution dispute that may shape the future of television in the streaming era.

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JD Supra: Mergers

SEPTEMBER 8, 2023

As noted in our previous alerts “Marketing Crypto-Assets in and Into Europe: MiCA, the EU’s New Uniform Crypto Code” and “Doing Crypto Business in Europe: MiCA, the EU’s New Uniform Crypto Code – Part 2”, the European Union (EU) Markets in Crypto-Assets Regulation (MiCA) was published in the Official Journal of the European Union on 9 June 2023.

Business 205

Business Investment 205

TechCrunch: M&A

SEPTEMBER 7, 2023

As companies look to stave off technical debt, a process of aging systems limiting a company’s ability to modernize, the first step is simply understanding the state of your architecture. SAP announced today that it is acquiring German startup LeanIX, a software service which helps companies map out their architecture.

Architecture 210

Architecture Debt IT Mergers and Acquisitions 210

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.

Finance

CNBC: Investing

SEPTEMBER 3, 2023

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Palo Alto.

Stock 140

Stock 140

Global Banking & Finance

SEPTEMBER 5, 2023

Saudi Arabia’s STC Group to become Telefonica top shareholder with 9.9% stake By Andres Gonzalez, Amy-Jo Crowley, Pablo Mayo Cerqueiro and Hadeel Al Sayegh LONDON/DUBAI (Reuters) -Saudi Arabia’s STC Group has amassed a 9.9% stake in Telefonica worth 2.1 billion euros ($2.25 billion), in a move to become the Spanish telecom giant’s top shareholder.

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JD Supra: Mergers

SEPTEMBER 8, 2023

The FTC settled with Intercontinental Exchange, Inc. (ICE) and Black Knight, Inc. to resolve allegations that a proposed merger of the nation’s two largest providers of home mortgage loan origination systems (LOS) would create antitrust concerns.

Mergers 201

Mergers 201

The TRADE

SEPTEMBER 4, 2023

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. His new role is not yet public but will be communicated in due course. Hock originally joined Union in 2014 and has since been instrumental in the development of the firm’s trading strategy and structure.

Investment 113

Investment Trading Equities Asset Management 113

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Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

Capital

CNBC: Investing

SEPTEMBER 6, 2023

The firm believes Bloom Energy will see several meaningful tailwinds ahead, and is trading at an attractive discount relative to its peers.

Trading 132

Trading Stock IT 132

Global Banking & Finance

SEPTEMBER 5, 2023

Swimming-Peaty plays down bust-up with Olympic team mate Greenbank LONDON (Reuters) -Britain’s triple Olympic gold medallist Adam Peaty played down on Tuesday a training camp clash with team mate Luke Greenbank that left him with a cut over his left eye.

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JD Supra: Mergers

SEPTEMBER 6, 2023

It has been an active time for transactions in the Petroleum and Commercial Fuel industries as long-standing family concerns cash out and institutional buyers look to drive shareholder value. These deals can be fraught with legal, business and compliance challenges unique to the industry but very familiar to those of us who regularly work in this space.

M&A 175

M&A Business IT 175

The TRADE

SEPTEMBER 8, 2023

Following a previous report which found a noteworthy percentage of firms were debating a potential move out of Europe due to a need to mitigate the impact of Mifid, a recent Acuiti report has found that the UAE comes out on top for firms considering alternatives. In May, the quarterly Acuiti Avelacom survey found that around 50% of prop trading firms were considering moving operations out of European markets due to complexity around the Investment Firms Prudential Regime (IFRD).

Trading 108

Trading Proprietary Trading Profitability Government 108

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While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

Architecture

CNBC: Investing

SEPTEMBER 7, 2023

Tech stocks will have a hard time keeping up their gains even if Wall Street remains strong for the rest of 2023, according to Aswath Damodaran.

Stock 127

Stock 127

Global Banking & Finance

SEPTEMBER 5, 2023

Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands By Curtis Williams and Marianna Parraga HOUSTON (Reuters) – Shell and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to […]

Investment 119

Investment IT 119

JD Supra: Mergers

SEPTEMBER 7, 2023

Approaching Year End- Which holiday do you dread the most? For me, it has always been, and likely will always be, Labor Day. Of course, with each passing year, anything that I describe as “always” is less meaningful than it was the year before, at least to the extent it relates to me. That said, there is something about entering the final “stretch” of the year that makes me more anxious than usual.

IT 170

IT 170

European Investment Bank

SEPTEMBER 5, 2023

The COVID-19 shock had a strong negative effect on aggregate economic performance, with the average firm taking a hit on sales revenues and financial performance. However, the effects varied from firm to firm. Were already-struggling firms hit hardest, threatening their very survival? Or did the COVID-19 shock disproportionately deter tomorrow’s superstars at the upper end of the distribution, thus sacrificing future growth potential?

Sale 105

Sale Economics IT 105

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In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

Business

CNBC: Investing

SEPTEMBER 3, 2023

Over the past three years, a Bank of America index tracking sports betting stocks has risen in the five days leading up to the season's first kickoff.

Stock 125

Stock Bank Banking 125

Global Banking & Finance

SEPTEMBER 5, 2023

Equipment rental firm Ashtead lowers UK rental revenue outlook, shares fall (Reuters) -British equipment rental firm Ashtead Group on Tuesday lowered its annual UK rental revenue growth forecast to 6%-9% from 10% to 13% citing softening market conditions.

Shares 119

Shares IT 119

JD Supra: Mergers

SEPTEMBER 6, 2023

For years, the antitrust enforcement agencies have indicated their antipathy toward resolving competition issues in proposed mergers by entering into consent decrees that prohibit certain conduct, rather than stopping the merger entirely or fixing the competition issues through divestitures. Nonetheless, on September 1, 2023, (the Friday before Labor Day), the FTC announced a conduct consent decree to end its challenge to the Amgen-Horizon pharmaceutical merger.

Mergers 170

Mergers Pharmaceutical IT 170

The TRADE

SEPTEMBER 7, 2023

Bloomberg has introduced a new alternative data function on the Bloomberg Terminal, which will allow customers to gain an early read on company performance alongside traditional fundamental data. Named ALTD <GO>, the new function will support equity analysts and portfolio managers with intra-quarter insights which can be incorporated into research workflows, paired with consensus estimates, company news, research and guidance – ahead of earnings announcements.

Portfolio Management 104

Portfolio Management Investment Retail Portfolio 104

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Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

Securities

CNBC: Investing

SEPTEMBER 7, 2023

Cooperman told CNBC's "Squawk Box" that he is cautious on the broad market but is buying energy stocks.

Stock 137

Stock 137

Global Banking & Finance

SEPTEMBER 5, 2023

Tonix’s long COVID drug fails to meet mid-stage trial goal (Reuters) – Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-stage study for management of widespread muscle pain and tenderness associated with long COVID-19. Shares of the company were down 12% in premarket trading.

Pharmaceutical 119

Pharmaceutical Trading Shares Management 119

JD Supra: Mergers

SEPTEMBER 6, 2023

We set out below a number of interesting English court decisions and market developments which have taken place and their impact on M&A transactions. This Summer review looks at these developments and gives practical guidance on their implications. Please see full Report below for more information.

M&A 170

M&A 170