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When Disclosure Isn’t Enough: Evidence on Cursedness in Betting Markets

Reynolds Holding

Capital market regulation often relies on two methods: imposing restrictions on the actions of parties with private information and requiring greater transparency about these actions. For example, we do not find that the results depend on market liquidity or bettors’ risk preferences.

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Inaugural Report on the Health of Democratic Capitalism

Harvard Corporate Governance

Posted by James Feinerman, Kelsey Harrison and Bruce Shaw (Georgetown), on Thursday, June 9, 2022 Editor's Note: James Feinerman is James and Catherine Denny Chair in Democratic Capitalism, Kelsey Harrison is Program Coordinator for the Denny Center for Democratic Capitalism, and Bruce Shaw is Executive Director of the Denny Center for Democratic Capitalism at Georgetown Law.

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Shiba Inu Edges Out Litecoin As 13th Biggest Crypto With 19% Surge

Benzinga

Shiba Inu (CRYPTO: SHIB ) surpassed Litecoin (CRYPTO: LTC ) to become the thirteenth largest cryptocurrency by market capitalization early on Wednesday. What Happened: At the time of writing, SHIB’s market cap stood at $6.9

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How Waves Of Reality Are Swelling Upstream Returns

Auto Dealer Valuation Insights

Since then, market capitalizations have stagnated. Upstream and oilfield service companies have bucked trends most of this year. While other industries have had stagnant to negative returns, the oil patch has outperformed them all, as I highlighted earlier this summer.

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Frontline Sinks $4B Shipping Merger With Rival Euronav

Law 360 M&A

said on Tuesday that it has backed out of a stock merger deal with rival Euronav NV, an arrangement that would have created a global shipping business with a market capitalization of more than $4 billion Oil tanker company Frontline Ltd.

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Palm Tree Acquires Backbone Capital Advisors to Expand Capital Markets Team

Business Wire M&A

The Backbone team is joining Palm Tree’s capital markets group with Britt Terrell as a Managing Director, Head of Capital Markets. Terrell formerly led the debt capital markets e

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Freshfields Steers Frontline's $4B Merger With Euronav

Law 360 M&A

said Monday it has signed a stock merger deal with rival Euronav NV to create a global business that stores and transports oil tankers with a market capitalization of more than $4 billion Frontline Ltd.

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The Green Economy Update And Outlook

Benchmark Report

Over the past decade, the green economy’s market capitalization grew from $2 trillion in 2009 to more than $7 trillion in 2021. It also nearly doubled its share of the global investable market from 4% to more than 7%.

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If Sanofi Opted For Takeover Of Horizon Therapeutics, It Would Be In Cash

Benzinga

Horizon Therapeutics Plc has a market capitalization of about $18 billion and is in talks with Amgen Inc (NASDAQ: AMGN ), Sanofi, and Johnson & Johnson (NYSE: JNJ ) unit Full story available on Benzinga.com.

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2022 Proxy Season Review: Rule 14a-8 Shareholder Proposals

Harvard Corporate Governance

market capitalization, at meetings held on or before June 30, 2022.

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2022 Proxy Season Preview: Rule 14a-8 Shareholder Proposals

Harvard Corporate Governance

market capitalization, at meetings held on or before June 30, 2022.

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What Boards Should Know About Digital Assets

Harvard Corporate Governance

The proliferation of digital assets has accelerated rapidly, generating a level of market interest sufficient to influence strategy at many major financial institutions and other corporations. Digital assets are disrupting the entire financial market, driving changes in the financial ecosystem. Cryptocurrencies roughly quadrupled in value from the end of 2020 to late 2021, when the market was worth more than $3 trillion. [1]

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Buying This Manchester United Call Option On Tuesday Would Have Yielded A 10-Fold Return A Day After Thanksgiving

Benzinga

As a result of the surge in the stock price, Manchester United added over a billion dollars in market capitalization over the last. AAPL M&A MANU News Options Sports Markets AAPL US0378331005 MANU News M&A Options Sports Markets Benzinga

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Can the former Southeast Asian highflying gaming and e-commerce company, Sea Ltd., reach former highs?

Valutico

The company has a leading position in the Southeast Asian market with their e-commerce platform Shoppee and their gaming offers by Garena. Sea currently has a market capitalization of $29.8 As market sentiment changed globally during 2022, Sea Ltd. Sea Ltd.

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IT Services Cos. LTI, Mindtree To Merge In Nearly $18B Deal

Law 360 M&A

said Friday they are merging in a deal that gives the combined entity a market capitalization of nearly $18 billion and was guided by Indian law firms Cyril Amarchand Mangaldas and JSA IT services companies L&T Infotech and Mindtree, both part of Indian conglomerate Larsen & Toubro Ltd.,

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5 Firms Rep $4.2B Oil Tanker Biz Tie-Up

Law 360 M&A

and Euronav NV said Thursday they have agreed to potentially combine in an all-stock transaction creating a company with a market capitalization of $4.2 Crude oil tanker transportation and storage businesses Frontline Ltd. billion, in a deal guided by five law firms, including Freshfields and Scandinavian law firm Schjødt

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5 Factors Impacting Activists’ Declining Success Rate

Harvard Corporate Governance

companies with market capitalizations of at least $100 million and where ISS and Glass Lewis published voting recommendations. Posted by Kurt Moeller, FTI Consulting Inc., on Thursday, September 29, 2022 Editor's Note: Kurt Moeller is a Managing Director at FTI Consulting Inc. This post is based on his FTI memorandum. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

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Can Salesforce return to its former lofty heights, after slumping 50% from its all time high?

Valutico

The market leader for CRM software is currently trading at around $133 per share, down more than 50% from its all-time-high of $300 per share, achieved in November 2021. . The current price of $133 represents a market capitalization of $145 billion. Salesforce Inc.

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Can Salesforce return to its former lofty heights, after slumping 50% from its all time high?

Valutico

The market leader for CRM software is currently trading at around $133 per share, down more than 50% from its all-time-high of $300 per share, achieved in November 2021. . The current price of $133 represents a market capitalization of $145 billion. Salesforce Inc.

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Will the IPO of ABB’s E-Mobility division give the share price a new boost?

Valutico

The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 In comparison to ABB’s market capitalization of CHF 56.1

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Will the IPO of ABB’s E-Mobility division give the share price a new boost?

Valutico

The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 In comparison to ABB’s market capitalization of CHF 56.1

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This Investor Has The Right To Purchase Millions Of Tesla Shares For Pennies On The Dollar

Benzinga

A 12-tranche bonus structure depending on market cap was incorporated in the agreement, with each tranche split into $50-billion portions. Starting with $100 billion, each $50 billion in market capitalization unlocked the following tranche.

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ESG Task Force Brings First Case

Harvard Corporate Governance

The collapse killed 270 people, caused immeasurable environmental and social harm, and led to a loss of more than $4 billion in Vale’s market capitalization.” debt markets. Following the collapse, the company’s market cap fell by over $4 billion, its NYSE-traded ADSs declined in value by over 25% and its corporate credit rating was downgraded to junk status. Posted by Cydney Posner, Cooley LLP, on Wednesday, May 18, 2022 Editor's Note: Cydney S.

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Time Running Out Under the HFCAA

Harvard Corporate Governance

exchanges had a total market capitalization of $1.4 capital markets play by our rules. Posted by Cydney Posner, Cooley LLP, on Saturday, June 18, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. In December 2020, the Holding Foreign Companies Accountable Act , co-sponsored by Senators John Kennedy, a Republican from Louisiana, and Chris Van Hollen, a Democrat from Maryland, was signed into law.

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How low will the former Chinese highflyer, Alibaba, go?

Valutico

Alibaba is a Chinese technology company, participating in the local and international e-commerce, cloud and the digital media markets. Alibaba’s current market capitalization of $167 billion suggests that the company is undervalued. Alibaba Group Holding Ltd.

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META Lesson 1: Corporate Governance

Musings on Markets

Investors, used to a decade of better-than-expected earnings and rising stock prices at these companies, have been blindsided by unexpected bad news in earnings reports, and have knocked down the market capitalization of these companies by hundreds of billions of dollars in the last few weeks.

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Binance To Acquire FTX.com As It Faces 'Liquidity Crunch': Here Are The Early Details

Benzinga

What Happened: The overall cryptocurrency market capitalization dropped on Tuesday on the heels of Binance selling its position in the FTX token (CRYPTO: FTT ). Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.

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Analyst 'Struggles to Find The Benefits' From JetBlue's Takeover Bid For Spirit

Benzinga

billion in market capitalization, $7.4 JetBlue Airways Corporation (NASDAQ: JBLU ) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE ), which equates to $3.7 billion in enterprise value and “a 7.3x

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A Follow up on Inflation: The Disparate Effects on Company Values!

Musings on Markets

Historical Data: 1930-2019 To see how this framework works in practice, let's start by looking at the performance of US stocks, across the decades, and look at the returns on stocks, broadly categorized based on market capitalization and price to book ratios.

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The Proposed SEC Climate Disclosure Rule: A Comment from Shivaram Rajgopal

Harvard Corporate Governance

discussed on the Forum here ) and Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ), both by Lucian Bebchuk, Kobi Kastiel, and Roberto Tallarita; Restoration: The Role Stakeholder Governance Must Play in Recreating a Fair and Sustainable American Economy—A Reply to Professor Rock (discussed on the Forum here ) by Leo E. Compliance costs are not a significant portion of market capitalization.

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Back to Earth or Temporary Setback? Revisiting the FANGAM Stocks

Musings on Markets

It has been a rocky year so far, in 2022, with worries about inflation competing with hopes about recovery for the market's attention. Netflix and Facebook saw drops of 20% or more in market capitalization, following negative earnings reports, but Amazon and Google beat market expectations.

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WeWork experienced a tumultuous first year after its IPO, how will the journey continue?

Valutico

Despite its prominent position in the market, the company is struggling with financial challenges, which has led to a significant drop in its share price of over 80% since its IPO through a Special Purpose Acquisition Company (SPAC) in October 2021. WeWork Inc.

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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous.

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Data Update 1 for 2022: It is Moneyball Time!

Musings on Markets

To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world.

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Poison Pills in a World of Activism and ESG

Reynolds Holding

The stock market decline following the outbreak of COVID-19 prompted a resurgence of pills, and with the recent Williams decision, the structure and strength of pills have changed in meaningful ways. Pill Trigger Thresholds Should Be Assessed Against Market Capitalization.

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Poshmark Buyout Offer Falls Well Below IPO Price: Analysts Call It Fair — Is It?

Benzinga

That's a humongous discount from the company's peak market capitalization of $7.3 When South Korean tech giant Naver confirmed earlier this week that it would purchase Poshmark Inc. NASDAQ: POSH ) at $17.90 per share, many observers said the offer was fair. Was it?

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M&A Industry Trends: What sectors have the best-selling businesses?

Viking Mergers

Any time a new product or idea comes out, tech industry giants like Meta (formerly Facebook), Microsoft, and Google have the funds to perfect the idea or product and then bring it to market. Lastly, let’s discuss retail, another market sector where mergers and acquisitions are most common.

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Valuation of Microsoft Inc.

Valutico

Considering the results only marginally missed analysts’ expectations, Microsoft’s earnings seem fairly resilient in the current market. We arrived at a result that is well below the market capitalization of about USD 2.02 Microsoft Inc.

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Valuation of Microsoft Inc.

Valutico

Considering the results only marginally missed analysts’ expectations, Microsoft’s earnings seem fairly resilient in the current market. We arrived at a result that is well below the market capitalization of about USD 2.02 Microsoft Inc.

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Can Starbucks reinvent itself?

Valutico

In comparison to Starbucks’ market capitalization of $120 billion we suggest that the company is slightly overvalued. . Starbucks Corporation. Weekly Valuation – Valutico | 9 January 2023. Link to valuation. About Starbucks Corporation.

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Can Starbucks reinvent itself?

Valutico

In comparison to Starbucks’ market capitalization of $120 billion we suggest that the company is slightly overvalued. . Starbucks Corporation. Weekly Valuation – Valutico | 9 January 2023. Link to valuation. About Starbucks Corporation.

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Is the regulatory opening up of China a catalyst for Tencent’s share price growth?

Valutico

Tencent Holdings has experienced ups and downs in the stock market over the past five years. In comparison to Tencent’s market capitalization of HKD 3,070 (USD 386.6) Tencent Holdings Ltd. Weekly Valuation – Valutico | 5 January 2023. Link to valuation.

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Is the regulatory opening up of China a catalyst for Tencent’s share price growth?

Valutico

Tencent Holdings has experienced ups and downs in the stock market over the past five years. In comparison to Tencent’s market capitalization of HKD 3,070 (USD 386.6) Tencent Holdings Ltd. Weekly Valuation – Valutico | 5 January 2023. Link to valuation.