Sat.Feb 24, 2024 - Fri.Mar 01, 2024

article thumbnail

Rebellion extinction: Does Exxon mark the end of shareholder engagement?

Harvard Corporate Governance

Posted by Georgia Stewart, Tumelo, on Tuesday, February 27, 2024 Editor's Note: Georgia Stewart is CEO of Tumelo. This post was prepared for the Forum by Ms. Stewart. Related research from the Program on Corporate Governance includes Social Responsibility Resolutions (discussed on the Forum here ) by Scott Hirst and Stockholder Politics by Roberto Tallarita.

207
207
article thumbnail

F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal

NYT M&A

The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The potential benefits of AI for healthcare in Canada

Mckinsey and Company

Integrating AI into Canadian healthcare could help simplify administrative work; improve system management, care quality, and patient and staff experience; and boost affordability via lower spending.

110
110
article thumbnail

Nickel Industry Cutbacks To Support Prices As Miners Brace For Long Slump: '2030s Will Likely Be More Attractive'

Benzinga

Lower production among the world's largest nickel miners in response to a price slump for the metal end up supporting the market. That’s according to Russian metals giant Nornickel. London Metal Exchange nickel prices are down around 30% in the year through Friday, primarily driven by burgeoning supply from Indonesia — the world's largest producer of the metal.

article thumbnail

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.

article thumbnail

2024 Proxy Season Preview: Looking for a Silver Lining

Harvard Corporate Governance

Posted by Merel Spierings, The Conference Board, on Tuesday, February 27, 2024 Editor's Note: Merel Spierings is Senior Researcher for the ESG Center at The Conference Board. This post is based on an upcoming Conference Board report, which was developed using data from ESG analytics firm ESGAUGE and produced in collaboration with Russell Reynolds Associates and Rutgers Center for Corporate Law and Governance.

Finance 161
article thumbnail

Texas Man Pleads Guilty to Insider Trading After Overhearing Wife’s Work Calls

NYT M&A

The man made $1.7 million in profits after buying and selling stocks in a company that his wife’s employer, BP, acquired, prosecutors said.

More Trending

article thumbnail

Winning in the European automotive industry: A micromarket approach

Mckinsey and Company

The automotive ecosystem will become more competitive. Micromarket insights that allow automotive players in Europe to sharpen and tailor their strategies can be a competitive advantage.

article thumbnail

2024 Proxy Advisor Guidelines: What Companies Need to Know Heading into the 2024 Proxy Season

Harvard Corporate Governance

Posted by Elizabeth K. Bieber, Sarah Ghulamhussain, and Peter Liddle, Freshfields Bruckhaus Deringer LLP, on Monday, February 26, 2024 Editor's Note: Elizabeth K. Bieber and Sarah Ghulamhussain are Partners, and Peter Liddle is a Law Clerk at Freshfields Bruckhaus Deringer LLP. This post is based on their Freshfields memorandum. The two most influential proxy advisor firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co.

130
130
article thumbnail

BREAKING: FTC Challenges Kroger's $25B Albertsons Buy

Law 360 M&A

The Federal Trade Commission announced a new, national front Monday against Kroger's heavily-criticized $24.6 billion purchase of fellow grocery store giant Albertsons, challenging a deal it said threatens both shoppers and workers and cannot be saved by the planned divestiture of a "hodgepodge" of hundreds of stores.

94
article thumbnail

Comment on AMCs Violating TILA and C&R Fee Clauses by Anonymous

Appraisers Blog

In reply to Maria. Do not worry about the AMC fee is not available. The group collecting the information has what is being charged and can fill in the gaps.

98
article thumbnail

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

article thumbnail

An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation

NYT M&A

With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.

article thumbnail

Oregon State Treasury Nomination Neutrality

Harvard Corporate Governance

Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Editor's Note: Philip Larrieu is a Stewardship Investment Officer at the Oregon State Treasury. This post was prepared for the Forum by Mr. Larrieu. Related research from the Program on Corporate Governance includes Universal Proxies (discussed on the Forum here ) by Scott Hirst and The Myth of the Shareholder Franchise (discussed on the Forum here ) by Lucian A.

Treasury 130
article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

Delaware's Court of Chancery dropped two potentially far-reaching decisions last week: one about founder control at Moelis & Co. and another about TripAdvisor's planned move to Nevada. On top of that, there were new cases involving Citrix Systems, Alcoa Corp., BGC Partners Inc. and Cantor Fitzgerald LP.

89
article thumbnail

Comment on AMCs Violating TILA and C&R Fee Clauses by Seneca

Appraisers Blog

The damage caused by Appraisal Management Companies violating TILA & the Customary & Reasonable fee clauses goes beyond just financial losses.

article thumbnail

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.

article thumbnail

Use our free timetable to help improve your business

JPAbusiness

Every business is different, but it’s still critical for every business to have discipline and a deliberate focus around the key elements you monitor and manage. In our free ebook Tips to improve financial and operational performance we examine the top 4 business elements we believe owners and managers should monitor, review and analyse to effectively manage and improve financial and operational performance.

74
article thumbnail

Tornetta v. Musk is the Rule of Law at Work

Harvard Corporate Governance

Posted by Holger Spamann, Harvard Law School, on Tuesday, February 27, 2024 Editor's Note: Holger Spamann is the Lawrence R. Grove Professor at Harvard Law School. This post is based on his recent op-ed. Related research from the Program on Corporate Governance includes Executive Compensation as an Agency Problem and Pay without Performance: The Unfulfilled Promise of Executive Compensation both by Lucian A.

117
117
article thumbnail

Technology and telecommunications B2B customer buying trends: Bright horizons with some warning signs

Mckinsey and Company

Our latest Pulse survey of tech and telecommunications B2B decision makers reveals a generally optimistic investment outlook. But shifting market dynamics could turn different groups of vendors into new winners or losers.

B2B 78
article thumbnail

Comment on It’s Just Responsible Journalism! by Russell

Appraisers Blog

In reply to PD. Yes, you are so right. I did not touch of the other appraisals. If we are doing our jobs properly the spread at most in my opinion would be 3%-5% at most. The spreads are just too wide. So, he kept getting an appraisal until they hit the number. I wonder what he told the other two appraisers. This really stinks. I thank GOD I can pick what business I want.

article thumbnail

Chevron warns of threat to $53bn Hess deal from ExxonMobil

Financial Times M&A

US’s biggest supermajor and China’s Cnooc highlight right of first refusal in Guyana project stake central to acquisition

97
article thumbnail

2024 Proxy Season Preview

Harvard Corporate Governance

Posted by Mike Tae and Chuck Callan, Broadridge, on Sunday, February 25, 2024 Editor's Note: Mike Tae is Co-President of Investor Communication Services, and Chuck Callan is SVP of Regulatory Affairs at Broadridge. Overview Looking Back: Recent proxy seasons [1] were characterized by greater numbers of shareholder proposals along with declining levels of shareholder support for them. [2] As a category, support for environmental and social proposals declined to a five-year low from a highwater ma

article thumbnail

Strengthening fraying ties: The Global Cooperation Barometer 2024

Mckinsey and Company

Global cooperation is key to better human lives. Our new barometer, developed with the World Economic Forum, can help leaders track trends, monitor critical outcomes, and act to increase cooperation.

article thumbnail

Comment on Seller Filed a Racial Bias Complaint Against Me by Maria

Appraisers Blog

June 1, 2021,PAVE was created by biden administration, to address appraisal bias. Now they need some cases to prove their existence is valid. Online can be found the advised path how to file case against an appraiser based on racial bias. Shouldn’t appraisers lobbying at their own representatives to cancel PAVE?

article thumbnail

Acquisitions Often Fail. So Are They Worth the Risk?

M&A Leadership Council

The Art of M&A® / Strategy An excerpt from The Art of M&A, Sixth Edition: A Merger, Acquisition, and Buyout Guide by Alexandra Reed Lajoux Research shows that a significant percentage of acquisitions “fail” in some way. Are they worth the risk? This is a question of facts and circumstances. Sometimes an acquisition is the right strategic choice, and other times this would be the wrong move.

article thumbnail

Technology Advances Facilitate Pass-Through Voting

Harvard Corporate Governance

Posted by Elizabeth Kantrowitz and Meghan Orifici, Institutional Shareholder Services, Inc., on Saturday, February 24, 2024 Editor's Note: Elizabeth Kantrowitz is Head of Client Success for Investor Solutions, and Meghan Orifici is Regional Head of Client Success at Institutional Shareholder Services, Inc. This post was prepared for the Forum by Ms.

article thumbnail

The McKinsey Crossword: Leap Day Babies | No. 169

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

70
article thumbnail

Comment on It’s Just Responsible Journalism! by PD

Appraisers Blog

Nice read Russell and you are spot on. As you clearly pointed out this was a one sided presentation by the station and reporter that had a predetermined outcome. It is interesting that they interviewed and quoted only those who had a vested interest in the outcome of the opinion piece as though they are an authority on the appraisal process. The most important people who should have been interviewed were boots on the ground appraisers; but then again, that would not have fit their agenda.

article thumbnail

KKR Buying Former VMware Unit From Broadcom In $4B Deal

Law 360 M&A

Simpson Thacher & Bartlett LLP-advised KKR said Monday it has agreed to acquire Broadcom Inc.'s end-user computing division in a transaction valued at approximately $4 billion, with Wachtell Lipton Rosen & Katz representing Broadcom on the deal.

59
article thumbnail

Benchmark International Successfully Facilitated The Transaction Between Robertson Lowstuter And The Center For Sales Strategy

Benchmark Report

The seller, Robertson Lowstuter (R|L), is an industry-leading executive coaching firm renowned for its success in guiding executives to achieve peak performance by increasing their productivity, profitability, and effectiveness.

59
article thumbnail

Targeting an untapped fintech market worth trillions: A conversation with Arta Finance’s Caesar Sengupta

Mckinsey and Company

The CEO of a cutting-edge fintech explain how his start-up offers investment services once reserved for the ultrawealthy to successful professionals.

article thumbnail

Comment on It’s Just Responsible Journalism! by Baggins

Appraisers Blog

In reply to Russell. Historically low interest rates were out there for three or more years. People whom wanted to take advantage of that had adequate time. We’ve all dealt with unusual difficult to qualify situations, and have seen borrowers move mountains to qualify and finally refinance the debt. Claiming racism does not cut it. You know what the secret to mortgage lending is; The originator will string borrowers along forever, and will refuse to offer simple advice that the originator

76
article thumbnail

Aluminum Producer Alcoa Makes $2.2B Bid For JV Partner Alumina

Benzinga

Alcoa Corp.(NYSE: AA ), a leading U.S. aluminum producer, has made a $2.2 billion offer to acquire Alumina Ltd (OTCQX: AWCMF ), its Alcoa World Alumina & Chemicals (AWAC) joint-venture partner. The offer comes at a volatile time for the commodities industry, with notable M&A activity. Per the all-stock deal , Alcoa is offering 0.02854 of its own stock for each Alumina share, representing a 13.1% premium over Alumina’s closing share price on Friday.

article thumbnail

Enforcing the Guardrails on Transactions Involving Interested Directors of Close Corporations

Farrel Fritz

In my business divorce practice I deal with many closely held corporations that have only a few or perhaps just two shareholders, each of whom is actively involved in running the business. Within that category are many companies whose owners essentially ignore some if not all the corporate formalities mandated by New York’s Business Corporation Law.

article thumbnail

The F.T.C. Boosts Biden’s Fight Against Inflation

NYT M&A

The regulator’s move to block Kroger’s $25 billion bid for Albertsons could win the president points with voters squeezed by rising prices.

article thumbnail

Comment on AMCs Violating TILA and C&R Fee Clauses by Maria

Appraisers Blog

In reply to Pat. Pat, I do not have knowledge how much the AMC was paid. Is there any way to figure it out? Rarely, accidentally, it is on the engagement letter, but it is one in the blue. I guess, than my data is not helpful?

75