Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Benjamin Finzi, Brett Weinberg, and Elizabeth Molacek, Deloitte LLP, on Thursday, October 3, 2024 Editor's Note: Benjamin Finzi and Brett Weinberg are Managing Directors, and Elizabeth Molacek is a Manager at Deloitte LLP. This post is based on their Deloitte memorandum. Survey methodology Over 80 CEOs representing more than 15 industries participated in this Fortune/Deloitte CEO Survey. 88% of respondents are from organizations based in the United States, and the remainder are from or

Equity 147

Equity Marketability 147

Mckinsey and Company

OCTOBER 3, 2024

A new McKinsey analysis quantifies the impact that digital and AI can have on consumer goods businesses and where consumer-packaged-goods executives should focus their efforts.

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Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Pauline Lam (New York University Stern School of Business) and Jeffrey Wurgler (New York University Stern School of Business), on Thursday, October 3, 2024 Editor's Note: Pauline Lam is a Visiting Scholar at New York University Stern School of Business , and Jeffrey Wurgler is the Nomura Professor of Finance at New York University Stern School of Business.

Finance 133

Finance Marketability 133

NYT M&A

OCTOBER 3, 2024

Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.

Mergers & Acquisitions 105

Mergers & Acquisitions 105

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.

Marketability

Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Jamie McGinnis, Amy Roy, and George Raine, Ropes & Gray LLP, on Thursday, October 3, 2024 Editor's Note: Jamie D. McGinnis , Amy D. Roy , and George B. Raine are Partners at Ropes & Gray LLP. This post is based on their Ropes & Gray memorandum. News sources recently reported that the SEC has quietly disbanded its Climate and ESG Task Force for in its Division of Enforcement (the “ESG Task Force”), which had formed in early 2021 under then-Acting Chair Allison Lee and cont

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Appraisers Blog

OCTOBER 3, 2024

In reply to Retired Appraiser. Was that really so hard appraisers? After 2 days on strike these dock workers will walk away with a pay increase of between 50 and 77 percent! You guys may want to rethink your strategy (or lack thereof).

Appraisal 98

Appraisal 98

Appraisers Blog

OCTOBER 3, 2024

Wow. Look what I found quite by accident in old emails, dated 01/15/2014. Appraisal Advisor. They were creating a counter database of appraiser only reviews. A database of what everyone was paying appraisers. This would have allowed better paying companies to compete for appraisers, rather than appraisers being forced to compete in the blind among each other.

Appraisal 98

Appraisal Compliance 98

Mckinsey and Company

OCTOBER 3, 2024

The growth of electric vehicles presents both opportunities and challenges for Europe’s economy. How can the automotive industry thrive in an increasingly electric world?

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Appraisers Blog

OCTOBER 3, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Financial Times M&A

OCTOBER 3, 2024

The bet on signing up more seniors to its Medicare Advantage insurance plan backfired

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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

Corporate Finance

Appraisers Blog

OCTOBER 3, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Machen McChesney

OCTOBER 3, 2024

Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany offering health insurance can be complex. One crucial aspect is understanding the reporting requirements of federal agencies such as the IRS. Does your business have to comply, and if so, what must you do? Here are some answers to questions you may have.

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Appraisers Blog

OCTOBER 3, 2024

Dockworkers get it (turned down a 50% wage increase and demanding a 77% increase) Auto workers certainly got it 30+ percent wage increase Strike activity picked up by 280% in 2023 alone. Oddly enough after 15 YEARS those self proclaimed “highly intelligent” real appraisers are still CLUELESS.

Appraisal 98

Appraisal 98

Financial Times M&A

OCTOBER 3, 2024

Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks

Equity 86

Equity 86

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.

Marketability

Benzinga

OCTOBER 3, 2024

The U.S. oil and gas exploration and production industry has faced headwinds related to falling natural gas prices and political uncertainty so far in 2024. Cash from operations across three dozen leading U.S. firms fell in real terms from the first quarter of 2023 to the first quarter of this year due to lower gas prices. The November election is also likely to play a significant role in shaping the industry's future.

Dividends 59

Dividends Marketability 59

Financial Times M&A

OCTOBER 3, 2024

Wanblad plays down prospects of new bid after failed BHP takeover attempt

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A Neumann & Associates

OCTOBER 3, 2024

So, you’ve been running your business for years—maybe even decades—and it’s time to start thinking about exiting. It’s a huge step, no doubt about it. Selling your business is not just a financial decision; it’s an emotional one too. And let’s be honest, it can feel like a maze of legal, financial, and operational hurdles. But don’t worry, you don’t have to go through it alone.

Start-ups 59

Start-ups Compliance Marketability Banking 59

Law 360 M&A

OCTOBER 3, 2024

Sen. Elizabeth Warren, D-Mass., urged the acting head of the Office of the Comptroller of the Currency on Thursday to impose growth restrictions on Citibank for becoming "too big to manage" and committing various blunders over the years, saying breaking up the fourth-largest bank in the U.S. may be appropriate if conditions don't improve.

Banking 52

Banking 52

ThomsonReuters

OCTOBER 3, 2024

← Blog home For most accounting firms, tax preparation is a cornerstone of their business. However, many forward-looking firms are increasingly focused on growth through not only traditional compliance but through an advisory service model that incorporates value-based pricing, strategic client expansion, and technology integration. According to a recent survey of 180 tax professionals at accounting firms, 88% of respondents indicate that their firm currently offers tax advisory services.

Technology 52

Technology Accounting Firms Compliance 52

Law 360 M&A

OCTOBER 3, 2024

The Third Circuit on Thursday backed a lower court's decision that Royal Bank of America's retirement plan must add another $368,000 onto the roughly $4 million lump-sum payment already given to the financial institution's late former chief executive officer, calling the plan's arguments it need not pay that amount "nonsensical.

Banking 52

Banking 52

Benzinga

OCTOBER 3, 2024

Stryker Corporation (NYSE: SYK ) has witnessed substantial gains in the year-to-date period. Shares of the company have rallied 18.6% compared with 13.4% growth of the industry. The S&P 500 Composite has risen 20.1% during the same time frame. With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for investors at the moment.

Marketability 52

Marketability 52

Law 360 M&A

OCTOBER 3, 2024

California Attorney General Rob Bonta has sued AHMC Healthcare in state court for allegedly suspending critical lifesaving services at its San Mateo County facilities for purported cosmetic repairs from storm damage and other renovations, which has inundated other hospitals in the community and forced patients to travel further for care.

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Benzinga

OCTOBER 3, 2024

YPF Sociedad Anónima (NYSE: YPF ), Argentina's state-owned energy company, has announced that it will be lowering fuel prices across the country, starting from Oct. 1, 2024. The company announced a 4% reduction in gasoline prices and a 5% reduction in diesel prices. However, the pump prices will reflect a 1% reduction in gasoline prices and 2% in diesel prices.

Marketability 52

Marketability 52

Law 360 M&A

OCTOBER 3, 2024

A Delaware vice chancellor balked Thursday at "success fee" terms in a fee advancement case that she suggested made the clients a "human shield" in litigation over attorney expenses in connection with a New Jersey legal malpractice case.

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Benzinga

OCTOBER 3, 2024

Bruker Corporation 's (NASDAQ: BRKR ) growth is backed by strong sales within its X-Ray and Nano Analytics businesses. Within the PCI division, expanding customer demand for pre-clinical MRI systems is highly encouraging. Meanwhile, the impact of macroeconomic pressure and currency fluctuation is likely to hurt the company's operational results.

Market Capitalization 52

Market Capitalization Marketability 52

Law 360 M&A

OCTOBER 3, 2024

CVS is exploring strategic options that could break up the business, Kleenex's owner explores a sale at a potential $4 billion value, and Ares is in talks to buy 10% of the Miami Dolphins’ parent. Here, Law360 breaks down this and other notable deal rumors from the past week.

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Benzinga

OCTOBER 3, 2024

Eni S.p.A. (NYSE: E ) shares are trading lower on Thursday. The company disclosed the completion of its asset combination in the U.K., merging nearly all upstream assets, except for those in the East Irish Sea and CCUS activities, with Ithaca Energy plc. This combination is financed by issuing new ordinary shares to Eni UK, representing about 38.7% of Ithaca’s enlarged issued share capital.

Finance 52

Finance Equity 52

Law 360 M&A

OCTOBER 3, 2024

Two U.S. senators wrote to U.S. Steel's president and CEO on Wednesday seeking guarantees that a $72 million "golden parachute" deal wasn't driving the executive's willingness to support a $14.1 billion merger with Japanese steelmaker Nippon Steel.

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Vested

OCTOBER 3, 2024

VC investment theses explained. Understand the ins and outs of the investment thesis to boost your chances of securing funding and lasting partnerships.

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Law 360 M&A

OCTOBER 3, 2024

A gold mining operation secured the permanent dismissal of an investor suit alleging that $462 million in new mines the company bought in Nevada that were supposed to be lucrative turned out to be duds, with a New York federal judge finding the investors failed to plead any actionable false or misleading statements.

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Peak Business Valuation

OCTOBER 3, 2024

Do you plan to buy , grow , or sell a medical spa ? This industry has seen healthy growth due to trends in beauty, skincare, and health. As such, buying, growing, or selling a medical spa can be lucrative. If you want to reach your goals with your medical spa, it is important to receive a medical spa valuation. This can help you understand the key value drivers for a medical spa and make strategic decisions.

Business Valuation 52

Business Valuation Appraisal Fair Market Value Marketability 52

Law 360 M&A

OCTOBER 3, 2024

The total value of global mergers and acquisitions in the third quarter of 2024 notched its highest level since the same period in 2021, and it was also the strongest quarter so far this year, according to data provided by Dealogic.

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Reynolds Holding

OCTOBER 3, 2024

On September 25, 2024, the Securities and Exchange Commission (“SEC”) announced that it had settled charges against 23 entities and individuals relating to failures to file and/or amend on a timely basis Schedules 13D and 13G and Forms 3, 4 and 5, with penalties amounting to more than $3.8 million in total. These charges represented a continuation of the SEC’s September 2023 enforcement sweep with respect to Section 13 and 16 filings (see SEC September 2023 press release ).

Compliance 45

Compliance 45

Law 360 M&A

OCTOBER 3, 2024

As the AI merger climate heats up, potential complications may arise, including antitrust scrutiny, talent retention agreements, and aggressive and protective deal terms intended to compensate for lofty valuations, say Scott Schwartz and Kishan Barot at Manatt.

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