Harvard Corporate Governance
AUGUST 9, 2022
Posted by Michael Brodsky and Amy Edwards, Deloitte, on Tuesday, August 9, 2022 Editor's Note: Michael Brodsky is Managing Director and Amy Edwards is Audit & Assurance Senior Manager of the Fraud Risk Center, Deloitte & Touche LLP. This post is based on a Deloitte memorandum by Mr. Brodsky, Ms. Edwards, Krista Parsons , Maureen Bujno , and Kimia Clemente.
Mckinsey and Company
AUGUST 9, 2022
Business building is increasingly important for company resilience, and CEOs are uniquely suited for the job. Here are five tasks that CEOs can undertake to build successful new businesses.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Harvard Corporate Governance
AUGUST 9, 2022
Posted by C. Edward Fee (Tulane University), Zhi Li (Chapman University), and Qiyuan Peng (University of Dayton), on Tuesday, August 9, 2022 Editor's Note: C. Edward Fee is Professor of Finance at Tulane University Freeman School of Business; Zhi Li is Assistant Professor of Finance at Champan University George L. Argyros School of Business and Economics; and Qiyuan Peng is Assistant Professor of Finance at the University of Dayton.
Reynolds Holding
AUGUST 9, 2022
In the last few years, there has been a dramatic increase in shareholder engagement on environmental and social issues. Consider two examples from 2021. Eighty-one percent of DuPont shareholders approved a proposal requiring the company to disclose how much plastic it releases into the environment each year and to assess the effectiveness of DuPont’s pollution policies.
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.
Mckinsey and Company
AUGUST 9, 2022
WeBank CFO Arthur Wang discusses how the company balances innovation, technology, and compliance to move itself forward.
Financial Times M&A
AUGUST 9, 2022
Billionaire seeks to avoid ‘emergency sale’ of shares if social media company forces $44bn deal to close
Business Valuation Zone brings together the best content for business valuation professionals from the widest variety of industry thought leaders.
Benzinga
AUGUST 9, 2022
Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk said he sold shares of the automaker to avoid an emergency sale in the “hopefully unlikely” event Twitter Inc (NYSE: TWTR ) forces his buyout deal to close. What Happened: Musk confirmed that he was done selling in response to a question on Twitter. The entrepreneur said, “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come.
N Contracts
AUGUST 9, 2022
Overdraft income is under the regulators’ microscope. Overdraft and non-sufficient funds (NSF) revenue was estimated to cost consumers more than $15 billion in 2019, according to the Consumer Financial Protection Bureau (CFPB), raising concerns that a practice that financial institutions promote as a service is actually harming customers.
Benzinga
AUGUST 9, 2022
Heico Corp (NYSE: HEI ) has acquired 100% of the stock of Charter Engineering, Inc. for cash. Financial details were not disclosed. HEICO expects the acquisition to be accretive to its earnings within the year following the acquisition. Pinellas Park, FL-based Charter designs and manufactures. Full story available on Benzinga.com.
Avanade
AUGUST 9, 2022
In Asia, the signs of the times are unmistakable – open banking is here to stay. How can traditional banks keep up and compete with fintechs and digital banks?
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
Benzinga
AUGUST 9, 2022
CarLotz Inc (NASDAQ: LOTZ ) shares are trading higher in Tuesday's after-hours session after the company reported financial results and announced a merger agreement with Shift Technologies Inc (NASDAQ: SFT ). CarLotz said second-quarter revenue increased 51% year-over-year to $76.5 million, which beat the estimate of $71.5 million, according to Benzinga Pro.
ThomsonReuters
AUGUST 9, 2022
Effective July 1, 2022, as required by the Infrastructure Investment and Jobs Act (IIJA) passed last November, the Internal Revenue Service (IRS) has reinstated the Superfund Chemical Excise Tax on a wide range of chemicals and substances. These taxes have not been in effect since 1995, so over the past 27 years are now scrambling to understand the complexities and requirements of this new iteration of the law.
Benzinga
AUGUST 9, 2022
EMCOR Group, Inc. (NYSE: EME ) has acquired Gaston Electrical Co., LLC , headquartered in Norwood, Massachusetts. Deal terms were not disclosed. Founded in 1934, Gaston is a full-service electrical construction and low voltage contractor. It designs, installs, constructs, and maintains electrical and low voltage systems. Full story available on Benzinga.com.
Rhythm Systems
AUGUST 9, 2022
At Rhythm Systems, our CEO, Patrick Thean, is fond of the saying, "The fish rots from the head down." When you are thinking about your team's productivity and employee engagement , realize that you lead by example. Gallup has found that employees working for engaged leadership are almost 60% more likely to be engaged than those who don't. As a CEO, you have a lot of demands on your time, but managing your day effectively so that you are productive and engaged has a huge ripple effect on your emp
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.
Mckinsey and Company
AUGUST 9, 2022
In such a tight hiring market, companies need more emphasis on retaining and developing their own employees, writes McKinsey Global Institute director Kweilin Ellingrud in Forbes.
Gross Mendelsohn
AUGUST 9, 2022
The like-kind exchange is one of the most money-savvy ways to defer capital gains taxes while building your long-term wealth. A 1031 exchange, which gets its name from Section 1031 of the Internal Revenue Code, can help you swap one investment property for another and defer capital gains taxes. These transactions are complicated, and they're riddled with rules that could make or break your investment.
Mckinsey and Company
AUGUST 9, 2022
In this interview, Patrick Hylton, CEO of NCB Financial Group, shares his experience launching a digital mobile-payments business and what it takes to succeed.
Appraisers Blog
AUGUST 9, 2022
The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. This is a new development, as federal investigations had so far exclusively been by HUD. The CFPB is an aggressive investigator, and AMCs, large firms and lenders should be wary. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance a
Mckinsey and Company
AUGUST 9, 2022
Despite life-threatening circumstances, refugees are some of the most entrepreneurial people in the world. Andrew Leon Hanna knows why.
Law 360 M&A
AUGUST 9, 2022
Though some suggest the U.S. Supreme Court’s recent decision in West Virginia v. U.S. Environmental Protection Agency marked the end of a doctrine requiring judicial deference to federal regulators, the ruling merely articulated well-developed precedent on the limits of agency authority, say Dan Wolff and Eryn Howington at Crowell & Moring.
Auto Dealer Valuation Insights
AUGUST 9, 2022
The July 2022 SAAR was 13.3 million units, an improvement from last month’s 13.0 million units but down 10.2% from July 2021’s rate of 14.7 million units. The SAAR continues to reflect depressed sales rates as supply chain shortages restrict volumes across the United States. The first half of 2022’s average SAAR was 13.8 million units, and the beginning of the third quarter has already come in.
Law 360 M&A
AUGUST 9, 2022
San Antonio-based One Cypress Terminals launched a lawsuit in the Delaware Chancery Court alleging the company it co-owns a Texas petrochemical storage terminal with is attempting to dilute One Cypress' stake in the venture to benefit itself and its private equity investors.
Reynolds Holding
AUGUST 9, 2022
The California Secretary of State has appealed a decision by the Los Angeles County Superior Court striking down the second of California’s two board diversity laws, which required all publicly traded companies headquartered in California to include a minimum number of female directors. The appeal will challenge the court’s finding that the board diversity legislation violates the Equal Protection Clause of the California Constitution because its classification of director candidates based on ge
Law 360 M&A
AUGUST 9, 2022
The minority owner of auto enthusiast media company Motor Trend Group LLC sued Warner Bros. Discovery Inc. and two subsidiaries in Delaware's Court of Chancery, seeking to prevent Motor Trend's majority owner from driving down an appraisal of the joint venture.
Quantive
AUGUST 9, 2022
Exit planning goes with planning the company’s other processes, preferably before an […]
Law 360 M&A
AUGUST 9, 2022
The head of HarperCollins Publishers told a D.C. federal court on Tuesday that his company considered making a bid for Simon & Schuster Inc. but was shocked at the $2.18 billion that Penguin Random House agreed to pay for the publisher.
A Neumann & Associates
AUGUST 9, 2022
On numerous occasions, retiring business owners have raised the question, if an ESOP ( Employee Stock Ownership Plan ) as a means of transferring their business would not be better than selling the business to an investor? Not surprisingly, that question is usually asked with the perception that an ESOP is “easy” to be executed, it will “do good” for the employees, and it can hide operational deficiencies in the company’s performance (that the owner does not want to tackle himself).
Audit Board
AUGUST 9, 2022
In our Spotlight on Success series, Rajesh Ghosh, Senior Director, Internal Audit at the University of Calgary , shares how his forward-thinking audit team is stepping up to expand its focus into more operational areas supported by AuditBoard’s connected platform. As one of Canada’s leading public research universities, the University of Calgary is a global intellectual hub offering more than 200 undergraduate, graduate, and professional degree programs to over 33,000 students.
Law 360 M&A
AUGUST 9, 2022
If a proposed $13.8 billion purchase of Change Healthcare was permitted, UnitedHealth Group would have every incentive to tap data from Change's insurer clients to bolster its own business even if it means damaging Change's customer relationships, the U.S. Department of Justice's main expert witness told a D.C. federal judge Tuesday.
Audit Board
AUGUST 9, 2022
At some point in our careers, we’ll all have to audit an area or activity that’s foreign to us. Throughout my career, I’ve had the opportunity to audit companies in the financial services, technology, biopharmaceutical, and government contracting industries, as well as state and local government agencies. . I recall once while interviewing for the Head of Internal Audit role at a company whose primary business was new to me, one interviewer asked how I was planning to audit a business I had no p
Financial Times M&A
AUGUST 9, 2022
Plus, UK law firms try to make it in the US and capital markets lawyers break loose from their golden handcuffs
Benzinga
AUGUST 9, 2022
Software and gaming company Unity Software Inc (NYSE: U ) reported second-quarter financial results and shared a company update after the market close Tuesday. What Happened: Unity reported second-quarter revenue of $297 million, up 9% year-over-year. The total came in below a Street consensus estimate of $298.3 million, according to data from Benzinga Pro.
Law 360 M&A
AUGUST 9, 2022
Huntsman Corp. will sell its Textile Effects division to SK Capital-backed specialty chemicals company Archroma for $718 million, in a deal guided by Latham & Watkins LLP and Kirkland & Ellis LLP, the companies announced Tuesday.
Benchmark Report
AUGUST 9, 2022
The U.S. economy has weathered more than two years of unique disruptions due to the COVID-19 pandemic. In addition to the ongoing supply chain problems, Americans now have to deal with the impacts of elevated inflation, higher interest rates, and sanctions because of Russia’s war on Ukraine. These issues are combined with other economic warning signs to raise concerns that the economy is on the verge of a recession.
Expert insights. Personalized for you.
259 
Let's personalize your content