Thu.Jul 18, 2024

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After Chevron: What the Supreme Court’s Loper Bright Decision Changed, And What It Didn’t

Harvard Corporate Governance

Posted by Nowell D. Bamberger, Carmine D. Boccuzzi, Jr., William Baldwin, Cleary Gottlieb Steen & Hamilton LLP, on Thursday, July 18, 2024 Editor's Note: Nowell D. Bamberger , Carmine D. Boccuzzi are Partners, and William E. Baldwin is an Associate at Cleary Gottlieb Steen & Hamilton LLP. This post is based on a Cleary Gottlieb memorandum by Mr.

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Toward the long term: CFO perspectives on the future of finance

Mckinsey and Company

In a new survey, CFOs report a growing focus on longer-term planning and high expectations for technology, including generative AI.

Finance 144
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Trending Sources

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Shielding the C-Suite

Harvard Corporate Governance

Posted by Miriam Wrobel and Tegan Louw (FTI Consulting), on Thursday, July 18, 2024 Editor's Note: Miriam Wrobel is Senior Managing Director and Global Leader, and Tegan Louw is a Senior Consultant at FTI Consulting. This post is based on their FTI memorandum. Litigation, regulation, and activism around ESG topics are increasing. There is a growing expectation that organizations will be transparent about their ESG programs and risks while working diligently to improve their organizations’ perfor

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Improving productivity in low-volume, high-complexity manufacturing

Mckinsey and Company

As demand soars, companies in commercial aerospace and other industrial sectors need new ramp-up strategies for low-volume, high-complexity products.

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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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Partisan Politics and Annual Shareholder Meeting Formats

Harvard Corporate Governance

Posted by David Yermack (NYU), and Lily Yuanzhi Li (Villanova University), on Thursday, July 18, 2024 Editor's Note: David Yermack is the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business; and Lily Yuanzhi Li is an Assistant Professor of Finance & Real Estate at Villanova University.

Finance 122
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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 2)

Global Finance

In this two-part feature on the economics of the Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games organizing committee is taking to ensure fiscal responsibility.

Finance 105

More Trending

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Live Nation Previews Part Of Case Against DOJ Suit

Law 360 M&A

Live Nation and Ticketmaster teed up part of their arguments against an antitrust lawsuit brought by the U.S. Department of Justice and state attorneys general, arguing all the state law claims from the attorneys generals are too threadbare and that a chunk of the DOJ case amounts to trying to force them to deal with competitors.

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Advanced FP&A practices for a volatile macroeconomic and business environment

Mckinsey and Company

Great models help leaders understand complexity and navigate through uncertainty. Six practical steps for better financial planning and analysis (FP&A) are essential.

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Top accounting challenges in 2024

ThomsonReuters

Jump to: What are the top challenges accountants are facing? Attracting, hiring, and retaining staff Time management and deadlines Keeping up with tax law Billing and cash flow issues Rising challenges for accountants The accounting industry continues to experience profound change as tax and accounting professionals navigate the fluid regulatory landscape amid shifts in client and employee expectations and advancements in innovative technologies like artificial intelligence.

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From raw data to real profits: A primer for building a thriving data business

Mckinsey and Company

Building a profitable data business hinges on having not just the right data but also a business model and enterprise capabilities to support it.

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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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Transferring Wealth: Building Success in M&A

Scott Mashuda

Transferring Wealth: Navigating Business Transformations Mergers and Acquisitions (M&A) are often seen as defining moments in a company’s lifecycle. However, many business owners and executives misunderstand the complexities involved in these transactions. As experts in the field, REAG has witnessed firsthand the challenges and opportunities that arise during M&A processes.

Finance 89
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Comment on CFPB Crackdown: Unfair Practices Hurting Consumers by Baggins

Appraisers Blog

It is crucial for appraisers to act & provide the Bureau/CFPB with as much information as possible regarding the unethical practices of AMCs.

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Meta explores stake in Ray-Ban maker EssilorLuxottica

Financial Times M&A

Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership

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Comment on Exposing Predatory AMCs by Baggins

Appraisers Blog

Exposing the inner workings of these predatory AMCs (Appraisal Management Companies) and their corrosive influence on the housing market.

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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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Back to School Sales Tax Holiday Weekend for 2024

Machen McChesney

Machen McChesney provides individuals with the Sales Tax Holiday information for 2024.

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Author Talks: How decades of cancer research shed light on the power of genetics

Mckinsey and Company

A journalist combined storytelling and detective work to uncover his family’s cancer mystery—and what it means for the fight against the disease.

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Private equity groups battle it out for $15bn schools group

Financial Times M&A

Bain Capital, Permira and Veritas Capital among contenders in final round of Nord Anglia auction

Equity 101
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Warner Bros Discovery Shares Are Surging Thursday As CEO Considers Asset Sales, Spinoff

Benzinga

Warner Bros Discovery Inc (NASDAQ: WBD ) shares are trading higher after reports of a significant restructuring that could separate its digital streaming and studio businesses from its traditional television networks. What Happened : The David Zaslav -led entertainment company looks to bolster its struggling share price and manage its substantial debt load of $39 billion.

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2024 Global Bakery Products Industry Report

Benchmark Report

The global bakery products market was valued at $536.4 billion in 2023 and is forecast to reach $734.5 billion by 2030. That is a compound annual growth rate (CAGR) of 4.6% for the seven years.

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Novartis Tops on Q2 Earnings, Ups Operating Income View

Benzinga

Swiss pharma giant Novartis AG (NYSE: NVS ) reported better-than-expected results for the second quarter of 2024. Core earnings (excluding one-time charges) of $1.97 per share beat the Zacks Consensus Estimate of $1.87 and were up from $1.69 reported a year ago. The year-over-year growth was driven by an increase in sales. Revenues of $12.5 billion climbed 9% from the year-ago quarter's figure.

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Turbocharge investment in your startup with EIS and SEIS

Vested

Unlock funding opportunities with EIS and SEIS. Discover how these venture capital schemes attract vital early-stage investments to supercharge growth.

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Why Chuy's Stock Is Soaring

Benzinga

Chuy’s Holdings, Inc. (NASDAQ: CHUY ) shares are trading higher Thursday after Darden Restaurants, Inc. (NYSE: DRI ) announced it will acquire the company. The Details: Darden will acquire all of Chuy's outstanding shares for $37.50 per share in an all-cash transaction with an enterprise value of approximately $605 million. The transaction is expected to be completed in Darden’s fiscal second quarter, subject to satisfaction of customary closing conditions.

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Enhanced Scrutiny and the Omnipresent Specter of Political Bias

Reynolds Holding

Corporate politicization, when companies take sides in our culture war and risk alienating half their potential customers, is a serious concern. Recent examples of companies that have felt its negative impact on shareholder value abound, including Bud Light, Target, and Disney. Of course, the business judgment rule creates the presumption that the underlying decisions in those cases were fully informed and rationally expected to maximize shareholder value, but it would be naïve to dismiss the

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Hyatt Eyes Standard International To Expand Luxury Portfolio: Report

Benzinga

Hyatt Hotels Corp (NYSE: H ) is reportedly close to finalizing a deal to acquire boutique hotel operator Standard International , continuing its trend of expanding luxury properties in popular leisure destinations. Negotiations between Hyatt and Standard, which manages properties in London, Ibiza, the Maldives, and Melbourne, are in the advanced stages, reported Bloomberg , citing sources familiar with the matter.

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Money and Mindset with Scott Mashuda and host Jordan Rodriguez

Scott Mashuda

“If you just want to focus on price, I can flip you around, turn you over, spin you around and send you out the side door and you don’t even know what happened. It’s the wrong thing to focus on. You got to look at this thing holistically.” – Scott Mashuda Recently, REAG co-founder Scott Mashuda had the chance to join host Jordan Rodriguez on Price Discovery | Money and Mindset.

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Mercer Capital Welcomes Six New Professionals

Auto Dealer Valuation Insights

Mercer Capital welcomes several new members to our team: Mr. Aaron Erol, Ms. Isabelle Freireich, Mr. McKay Harman, Mr. George Metcalf, Ms. Alexis Armstrong, and Ms. Kathryn Burke. Aaron, Isabelle, McKay and George are joining the Memphis office as financial analysts, and Alexis is joining as an administration professional. Kathryn is joining the Houston office as a senior financial analyst.

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The Good, The Bad And The Ugly Of Healthcare's PE Boom

Law 360 M&A

While an influx of capital may provide access to new resources and innovative technologies, the private equity model's method of funding may be fundamentally at odds with patient-first healthcare, and in recent years that inherent tension has gotten ugly, say Eva Gunasekera and Jaclyn Tayabji at Tycko & Zavareei.

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Confessions of a Do-It-Yourself Business Seller

IBG Business

How selling his company on his own stole some of this business owner’s joy – and financial gain – from what should have been his crowning achievement. My name is Dave, and I sold my business without using an M&A advisor. [Group response] Hi, Dave. When I was in my 30s, I started an HVAC contracting company from scratch and built it to $25 million in sales and 100 employees.

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State Of 2024 Energy Dealmaking: Midyear Report

Law 360 M&A

Energy dealmaking in the first half of 2024 has, in many ways, picked up where 2023 left off, but companies also increasingly have an eye on the U.S. presidential election this fall that could bring drastic change to the landscape. Here are some transactional trends that have stood out to energy attorneys so far this year.

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Business Valuation for Selling a Painting Business

Peak Business Valuation

Are you looking to sell a painting business ? Over the next several years, the construction industry is expected to expand. This will likely have a positive impact on the value of a painting business. If you are selling a painting business, you need a clear understanding of its value and potential. By obtaining a business valuation for selling a painting business, you can equip yourself with insights to maximize your return on investment.

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NJ Ex-Broker-Dealer Indicted In $3.4M Insider Trading Scheme

Law 360 M&A

A former partner at a Garden State broker-dealer was charged in New Jersey federal court with engaging in an insider trading scheme that brought him $3.4 million in illicit trading profits, according to the U.S. attorney's office.

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LIFT To Acquire Shorty West Lithium Claim

Benzinga

VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (" LIFT " or the " Company ") (TSXV: LIFT ) (OTCQX: LIFFF ) ( Frankfurt: WS0 ) is pleased to announce that it has entered into a mineral property purchase agreement dated July 17 2024 with Infinity Stone Ventures Corp. (CSE: GEMS ) to acquire the Shorty West Lithium mineral claim (the " Shorty West Claim "), which is adjacent to the Company's Yellowknife Lithium Project.

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Rising Star: Davis Polk's Shanu Bajaj

Law 360 M&A

The same year she made partner, Shanu Bajaj was on Davis Polk & Wardwell LLP's lead M&A team advising Exxon Mobil Corp. in the largest merger announced in 2023, earning her a spot among the mergers and acquisitions practitioners under age 40 honored by Law360 as Rising Stars.

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Benchmark International Successfully Facilitated the Transaction Between Structural Design Consulting Engineers Limited and Wintech Façade Engineering Limited

Benchmark Report

Wintech has acquired prominent structural, civil engineering and surveying firm, SDP Consulting Engineers, in a deal facilitated by Benchmark International.

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