Thu.May 09, 2024

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The effect of female leadership on contracting from Capitol Hill to Main Street

Harvard Corporate Governance

Posted by Jonathan Brogaard (University of Utah), Nataliya Gerasimova (Norwegian Business School), and Maximilian Rohrer (Norwegian School of Economics), on Thursday, May 9, 2024 Editor's Note: Jonathan Brogaard is the Kendall D. Garff Chaired Professor in the Finance department at the University of Utah’s David Eccles School of Business. Nataliya Gerasimova is an Associate Professor of Finance at the Norwegian Business School.

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Barrick Gold CEO Says Mergers Won't Fix The Copper Shortage

Benzinga

Barrick Gold ‘s (NYSE: GOLD ) CEO, Mark Bristow , believes that mergers and acquisitions do not address the impending copper shortage. In light of BHP ‘s proposed $39 billion takeover of Anglo American , Bristow advocated for mining companies to focus on discovering and developing new copper deposits rather than pursuing consolidation. "You can consolidate, but it doesn't bolster the production profile.

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Activism Vulnerability Report

Harvard Corporate Governance

Posted by Jason Frankl, Brian G. Kushner, and Robert J. Kueppers, FTI Consulting, on Thursday, May 9, 2024 Editor's Note: Jason Frankl and Brian G. Kushner are Senior Managing Directors and Robert J. Kueppers is Senior Advisor at FTI Consulting. This post is based on a FTI Consulting memorandum by Mr. Frankl, Mr. Kushner, Mr. Kueppers, Kurt Moeller , Tom Kim, and Ryan Chiang.

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Building a Strong Cash Flow Forecast

Redpath

A strong cash flow forecast that accurately predicts cash position over the desired period is mission-critical for nearly every business. Building a strong cash flow forecast model up to a few weeks or months can be straightforward with available data and a few unknowns. However, longer-term cash flow forecasts–needed for business sustainability and strategic planning–are more complex.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Exempt solicitation urging BlackRock shareholders to vote against the election of Saudi Aramco CEO

Harvard Corporate Governance

Posted by Comptroller Brad Lander, Office of the New York City Comptroller, on Thursday, May 9, 2024 Editor's Note: Comptroller Brad Lander serves as a trustee and the custodian and investment advisor to the City’s pension funds and retirement systems. This post is based on Comptroller Lander’s recent letter to BlackRock shareholders on behalf of the New York City Employees’ Retirement System (NYCERS).

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by William Turner

Appraisers Blog

I looked closely at Baggins chart, May 7, the last section, personal data about people and how loans may be based upon their personal likes and dislikes. Today I read the last couple of comments on AI looking at the photographs of the interior and thought about AI figuring out who lives in the house, and now our photos of that person’s belongings may also follow them.

More Trending

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Cassandra

Appraisers Blog

We need to alert the public with our concerns. One large national newspaper to do a story about the possible ramifications to privacy, intended or unintended. What an uninformed homeowners tour might reveal.

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DOJ Task Force To Target Healthcare Monopoly, Collusion

Law 360 M&A

The U.S. Department of Justice's Antitrust Division sharpened its focus Thursday on healthcare platforms that combine doctors with insurers, data and more in what the administration's top competition official called the "alarming" accumulation of assets.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Baggins

Appraisers Blog

In reply to William Turner. Privacy and appraisal in the age of AI? There is a lot out there. Today I researched Graham Leach Bliley, AI, and appraisal. GLB summary from a financial services providers perspective. Easy read. [link] FTC 2023 updated rules. What is the Bank Holding Company Act? Are we supposed to know about this? Be sure to click the top link and read the actual federal rules.

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Bain Capital Plugs $250M Into Professional Services Firm

Law 360 M&A

Technology-enabled professional services company Sikich LLC on Thursday announced that it has secured a $250 million minority growth investment from private equity giant Bain Capital in a transaction built by four firms.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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4 Cost-Cutting Areas to Help Your Business Boost Profits

Machen McChesney

Many businesses focus on selling more products and services to boost profitability. But sales volume alone doesn’t necessarily raise profits. In fact, pushing more sales through a bloated expense structure can result in lower net profits.

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Would Paramount Bidders Break It Up?

NYT M&A

If Sony and Apollo Global win the fight to buy the media company, they plan to keep the studio business and sell everything else.

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BBVA’s Carlos Torres, banker with a fixed idea

Financial Times M&A

The chair of Spain’s third-biggest lender has turned hostile in his €12bn second attempt to buy TSB owner Sabadell

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May 2024 Regulatory Brief: Final Rules Plus Will Mortgages Be the Next Junk Fees?

N Contracts

The May 2024 Regulatory Update podcast has the latest regulatory compliance news, trends and analysis, including CFPB junk fees and several final and proposed rules

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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The platform business model meets advanced manufacturing at MakerVerse

Mckinsey and Company

Venture capital firm Ninepointfive invested in manufacturing company MakerVerse to improve supply chains and scale innovation.

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Sony, Apollo Said To Be In Talks To Access Struggling Paramount's Financials To Pave Way For Potential $26B Acquisition

Benzinga

Sony Group Corp (NYSE: SONY ) and Apollo Global Management Inc (NYSE: APO ) are reportedly in discussions with Paramount Global (NASDAQ: PARA ) to gain access to the latter’s financial records, a move that could potentially lead to a $26 billion acquisition. What Happened : Paramount Global is currently in talks to share its financial information with Sony and Apollo, who are both interested in acquiring the U.S. media company, reported Reuters citing people familiar with the matter.

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Investor magnet: the appeal of the data room

Vested

Every day, we make decisions. But while some are mundane and ultimately unimportant in the grand scale of things - pizza or sushi tonight? Others can quite literally make or break our livelihood.

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2024 Robotics Industry Report

Benchmark Report

The global robotics market was valued at $46 billion in 2023 and is forecast to grow at a compound annual growth rate (CAGR) of 15.1% to reach $169.8 billion between 2024 and 2032.

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Mubadala’s $3bn Fortress deal clears crucial US regulatory hurdle

Financial Times M&A

Foreign investment committee authorises sale after concessions on data and day-to-day control

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Death and taxes: Critical opportunities for nonprofits

LaPorte

(authored by RSM US LLP) With the American population aging, postmortem contributions are critical opportunities for nonprofits to receive charitable contributions The post Death and taxes: Critical opportunities for nonprofits first appeared on LaPorte.

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Supplier to Boeing and Airbus warns against break-up of N Ireland facility

Financial Times M&A

Dismantling Spirit AeroSystems’ Belfast operations would harm the region’s aerospace industry, says UK chair

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Ex-Minor Leaguer Settles With SEC Over Del Taco Deal Tip Off

Law 360 M&A

A former minor league baseball player has agreed to pay more than $58,000 to resolve U.S. Securities and Exchange Commission insider trading allegations involving burger chain Jack in the Box's $575 million acquisition of its fellow chain Del Taco.

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American Shared Hospital Services Announces Closing of Acquisition of 60% Majority Interest in Three Radiation Therapy Cancer Centers in Rhode Island

Benzinga

- Adds $9-$10 million in Annual Revenue with Positive Net Income Contribution - - Acquisition more than Doubles Backlog to over $210 million - - Expands U.S. Footprint and Product Offering - SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- American Shared Hospital Services (NYSE: AMS ) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced the closing of its acq

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FTC Says Handbag Cos. Have Info Needed To Defend $8B Deal

Law 360 M&A

The Federal Trade Commission assailed Tapestry and Capri on Wednesday for demanding more details on the market allegedly threatened by their planned $8.5 billion merger, which would pair the parent company of Coach and Kate Spade with that of Versace and Michael Kors, arguing the firms have the information they need.

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Mercer Capital to Sponsor and Attend the ASA Houston Chapter’s 2024 Energy Valuation Conference

Auto Dealer Valuation Insights

Mercer Capital is proud to sponsor and attend the ASA Houston Chapter’s 2024 Energy Valuation Conference. The conference will be held on May 16th, 2024, at the Briar Club in Houston, Texas, and virtually online. Mercer Capital’s J. David Smith, ASA, CFA and Andrew B. Frew, ASA, ABV will be attending.

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Skadden-Led Firm Nets $250M In May's Second SPAC Listing

Law 360 M&A

GP-Act III Acquisition Corp., a Skadden-led special-purpose acquisition company backed by multiple private investment firms, began trading on Thursday after completing a $250 million initial public offering, marking the second SPAC listing this month in an otherwise battered market.

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Mercer Capital to Sponsor and Attend the AAML 2024 National Family Law Conference

Auto Dealer Valuation Insights

Mercer Capital is sponsoring and attending the AAML 2024 National Family Law Conference. The conference will be held April May 16-18, 2024, in Nashville, Tennessee. Mercer Capital’s Scott A. Womack, ASA, MAFF and Karolina Calhoun, CPA, ABV, CFF are attending. Additionally, Z. Christopher Mercer, FASA, CFA, ABAR will be a panelist at the AAML 2024 National Family Law Conference on May 17, 2024.

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Masimo Makes Offer To End Activist Politan's Proxy Contest

Law 360 M&A

Medical technology company Masimo Corp. revealed Thursday that it is willing to appoint one of the director nominees put forth by activist investment firm Politan Capital Management LP in exchange for the company dropping its proxy fight, though Politan signaled distaste with the proposed deal.

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Erickson to Attend Super DUG 2024

Auto Dealer Valuation Insights

Mercer Capital’s Bryce Erickson, ASA, MRICS will be attending Hart Energy’s Super DUG 2024 from May 15-17, 2024, in Fort Worth, Texas. Super DUG is the largest shale event in 2024, with a focus on energy production in the shale plays of the U.S., including the Permian, Eagle Ford, Midcontinent, Bakken, and the Rockies.

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V&E Defends Its Enviva Work From Trustee's Conflict Claim

Law 360 M&A

Vinson & Elkins LLP urged a Virginia bankruptcy court on Thursday to reject "outrageous claims" by the U.S. Trustee's Office that the law firm shouldn't be allowed to represent Enviva in the wood-pellet maker's Chapter 11 because the firm also works for one of the debtor's major equity holders, arguing that there is no conflict of interest.

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Future of work: Time for nurses to take their seat at the head table

Avanade

The theme of Nurses Week 2024 is Nurses Make the Difference. It’s time to bring that theme to life by taking full advantage of nurses’ expertise and perspective at all levels of our healthcare systems.

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Musk Fights Latest Subpoena Over $44B Twitter Purchase

Law 360 M&A

Elon Musk's counsel urged a California federal judge on Thursday to undo a magistrate judge's decision requiring the businessman to testify again before the U.S. Securities and Exchange Commission about his $44 billion purchase of the social media platform formerly known as Twitter, calling the subpoena overbroad and unconstitutional.

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Navigating the Corporate Transparency Act: Implications and Congressional considerations

ThomsonReuters

Jump to: Implications of the Corporate Transparency Act Congressional considerations and proposed solutions Evolving attitudes and potential changes to the Corporate Transparency Act To catch up with the Corporate Transparency Act, read our introductory blog below: Are you ready? The Corporate Transparency Act becomes effective Jan 1, 2024 In an effort to combat money laundering, tax fraud, and other illicit activities, the Corporate Transparency Act (CTA) was enacted in 2021 and became effe

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Dual-Track IPO-M&A Exit Strategies For Life Science Cos.

Law 360 M&A

A dual-track process for life sciences companies offers a proven path to securing favorable deal terms for an exit, and strategic moves can include running a crossover financing round in the lead-up, say attorneys at McDermott.

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