Harvard Corporate Governance

JUNE 20, 2024

Posted by Nell Minow, ValueEdge Advisors, on Thursday, June 20, 2024 Editor's Note: Nell Minow is Vice Chair of ValueEdge Advisors. Not to suggest that they are making up their mind before hearing the evidence, but the House Subcommittee on the Administrative State, Regulatory Reform, and Antitrust may be suggesting their conclusion by titling the June 12 hearing “Climate Control: Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing.

238

238

Mckinsey and Company

JUNE 20, 2024

Tokenized financial assets are moving from pilot to at-scale deployment. Adoption is not yet widespread, but financial institutions with blockchain capabilities in place will have a strategic advantage.

Banking 141

Banking 141

Harvard Corporate Governance

JUNE 20, 2024

Posted by Jon Golinger, Public Citizen, on Thursday, June 20, 2024 Editor's Note: Jon Golinger is the Democracy Advocate with Public Citizen in Washington, D.C. This post is based on the results of a public opinion poll commissioned by Public Citizen and conducted by Lake Research Partners in November 2023. Last summer, leaders of the U.S. House of Representatives declared July 2023 to be “ ESG month.

170

170

Benzinga

JUNE 20, 2024

Shares of PENN Entertainment (NASDAQ: PENN ) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE: BYD ) according to a new report from Reuters. The report comes as Penn shares are down 23% year-to-date in 2024 and the company has struggled to grow with its new ESPN Bet online sports betting platform.

105

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

JUNE 20, 2024

Posted by Mary Ellen Carter (Boston College), Luann J. Lynch (University of Virginia), Xiaoxia Peng (University of Utah), on Thursday, June 20, 2024 Editor's Note: Mary Ellen Carter is the Joseph L. Sweeney Chair and Professor of Accounting at Boston College, Carroll School of Management; Luann J. Lynch is the Almand R. Coleman Professor of Business Administration at the University of Virginia, Darden School of Business; and Xiaoxia Peng is an Associate Professor of Accounting at the University

122

122

Rhythm Systems

JUNE 20, 2024

Christine Rutherford brings strategy, mentorship, and high standards to Rhythm and Beyond, sharing insights on her career journey, empowering women in business, and navigating challenges in the sales landscape.

98

98

Law 360 M&A

JUNE 20, 2024

As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.

97

97

Appraisers Blog

JUNE 20, 2024

It seems that our role as “collateral verification” mistakenly may not be valued. The “used car salesmen” industry is pushing for building inspectors, aeriel photos and photo based data analysis. Don’t worry a bit about this -only when they do not need a licensed professional signature to make a loan will it impact us. Soooooo “us”, don’t delegate collateral verification and don’t agree to review out sourced data as sufficient for your signat

Data Analysis 82

Data Analysis Appraisal 82

Gross Mendelsohn

JUNE 20, 2024

A financial expert can provide valuable assistance to attorneys throughout the discovery phase of a litigation case. Cases involving economic damages often depend on documents to establish or disprove the amount of the plaintiff’s damages. A financial expert gathers, analyzes and evaluates information from documents to calculate damages, and to provide expert testimony opining as to the amount of damages.

83

83

Appraisers Blog

JUNE 20, 2024

In reply to PJTC. Until the AI can teach the Ai, or become “true” Ai where it can think and reason for itself and it’s own benefit. Then we are all replaced. I always have to ask, to what end is AI going to take over and what are the earth inhabitants going to do when many/most (?) jobs are replaced by this specific type of automation?

Appraisal 79

Appraisal 79

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

Financial Times M&A

JUNE 20, 2024

Clash over tech group Veritas portends future stand-offs between private equity and distressed debt investors

Equity 110

Equity 110

Appraisers Blog

JUNE 20, 2024

In reply to Dave. Dave you are a little snippy today. I was speaking about having to answer questions from UW challenging what we deem to be C3 and C4 and that the software is already tracking on Total, but you want to attack me and assume I have nothing but boiler plate comments on every thing when you don’t know me nor my work. This is not the care, but you have fun with assuming because that appears to be much easier for you than asking a real question.

Appraisal 78

Appraisal 78

Financial Times M&A

JUNE 20, 2024

Texas-based owner of AS Roma starts due diligence after collapse of 777 Partners deal

111

111

Appraisers Blog

JUNE 20, 2024

I’ve been accused of quality inconsistencies. I’ve told them to drive a 200 mile round trip and check for themselves. I’ve been accused of using the same photo for two different comparables over a similar looking gate. I told them they could drive that 80 mile round trip and see for themselves. But, hey, that’s OK, the reviewers don’t have to outrun the end of the fee like we do, do they?

Appraisal 78

Appraisal 78

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

The Guardian M&A

JUNE 20, 2024

Merger with International Paper moving at ‘absolutely full steam’ in face of separate interest from Brazil’s Suzano The boss of the FTSE 100 company DS Smith has said its £5.8bn takeover by a US rival is going at “absolutely full steam”, despite concerns it could be derailed by another packaging sector merger. Miles Roberts, DS Smith’s chief executive, said merger work with International Paper was “going very well” and that he definitely expected the deal to complete.

74

74

Appraisers Blog

JUNE 20, 2024

I have 13 years under my belt. I’m not new. I don’t use regression analysis and never stated to. You come across as dismissive and superior when you make assumption in a conversation the is between you and I on a blog. Good day.

Appraisal 77

Appraisal 77

The Guardian M&A

JUNE 20, 2024

Deal comes after retailer’s strategic review concluded banking operations could distract from core grocery arm Business live – latest updates NatWest has struck a deal to buy most of Sainsbury’s banking business, adding 1m customer accounts in the latest wave of consolidation in the sector. The lender is to take on the bulk of Sainsbury’s Bank assets including its outstanding credit card, unsecured personal loan and savings accounts.

Banking 72

Banking 72

Appraisers Blog

JUNE 20, 2024

Thank you Spencer, not meant to attack you – just the voice of reason for the newbies. The many residential appraisals I have reviewed caused me to comment. Newbies -just explain why (not quantitative) why comparables bracket and why you have the experience and knowledge to “attempt” to narrow the unadjusted range. And please remember there is no such thing as “regression analysis” but there may be correlation analysis and for every match pair you find I can find a

Appraisal 77

Appraisal 77

Lighter Capital

JUNE 20, 2024

Many of the 16+ million Americans who have taken care of someone with any type of dementia or Alzheimer’s disease will tell you it's one of the hardest things they’ve ever had to do, despite the rewards of being there for a loved one when they needed it most. There’s an emotional toll from watching a parent, relative, or friend slowly slip away, as well as physical exhaustion from the hypervigilance most of these caregivers develop over time.

Beta 59

Beta Start-ups Finance Equity 59

Appraisers Blog

JUNE 20, 2024

It’s already happening. The software spotted a small piece of fencing that was broken off near the bottom in one of my reports and I got a revision asking if it was a safety issue. I just rolled my eyes because it was so ridiculous. So the computer has zero common sense and we now have to talk to an idiot computer. Such a waste of time.

Appraisal 77

Appraisal 77

Benzinga

JUNE 20, 2024

German drug developer Evotec SE (NASDAQ: EVO ) is reportedly consulting defense advisers following a significant drop in share price, raising concerns about the company’s vulnerability to a takeover. Multiple buyout firms are reportedly evaluating Hamburg-based Evotec as a potential acquisition target, initiating early discussions with advisers to assess the company’s drug pipeline and strategic value.

Equity 59

Equity 59

Appraisers Blog

JUNE 20, 2024

In reply to Dave. I find no comfort in AI helping me nor ruining my desired trade. Do you honestly think I like it?Do you think althat I even use it? Do you think that I don’t already know what best practices are?!?

Appraisal 75

Appraisal 75

Benzinga

JUNE 20, 2024

Sony Group Corp. (NYSE: SONY ) is poised to acquire Queen’s music catalog in a groundbreaking deal worth £1 billion (US$1.27 billion). According to Hits ‘ Rumor Mill, Sony Music Entertainment will secure Queen's recording and publishing rights. The deal, later confirmed by Variety , includes royalties from previous agreements with Disney Music Group and Universal Music Group NV (OTC: UMGNF ).

59

59

Appraisers Blog

JUNE 20, 2024

In reply to Spencer Paul. And there lies the danger. When it becomes possible for AI to reason, mankind is doomed. HAL has now become a real possibility.

Appraisal 82

Appraisal 82

Benzinga

JUNE 20, 2024

BP p.l.c. (NYSE: BP ) shares are trading higher after the company agreed to purchase Bunge Global SA ‘s (NYSE: BG ) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise value of about $1.4 billion. The acquisition will consolidate 100% of the venture’s financial results, including net debt of about $0.5 billion and lease obligations of around $0.7 billion.

Net Debt 59

Net Debt Enterprise Value Equity 59

Appraisers Blog

JUNE 20, 2024

Sorry Spence – once again – AI does not teach AI, AI watches what you do (however skillful that may be) and then it will analyze much more data using the same reasoning that you use with limited data. Think Mass appraisal!

Appraisal 75

Appraisal 75

Benchmark Report

JUNE 20, 2024

When you own a business, you always have the option to sell it, but how do you know when the time is right to put it on the market? The good news is that it's never too soon to be thinking about your exit strategy or your retirement plans. But how do you determine when the time to sell is right? While every business owner's situation will likely be different, there are several factors that any business owner should consider to aid in making such a critical decision.

Marketability 59

Marketability 59

Appraisers Blog

JUNE 20, 2024

So Spencer, Let’s be little more forthcoming – unless you want to really fill your report up with revisions, 9 times out of 10 you only will be saying C3 or C4 and of course this is a binary entry – I’m not sure I would stress out about new technology! Best advise – try to write maybe ONE sentence that is applicable to the assignment instead of the multi pages of boiler plate.

Appraisal 74

Appraisal Technology 74

Benzinga

JUNE 20, 2024

Honeywell International Inc. (NASDAQ: HON ) disclosed an agreement to acquire CAES Systems Holdings LLC (CAES) from Advent International for about $1.9 billion in an all-cash transaction. This acquisition represents about 14 times the estimated 2024 EBITDA on a tax-adjusted basis. The buyout is expected to boost adjusted earnings per share in the first full year of ownership and is not subject to financing conditions.

EBITDA 59

EBITDA Finance Equity 59

Appraisers Blog

JUNE 20, 2024

In Total, when placing an image into my templates with some labels already filled out, I get a warning that my label does not appear to match the image placed. Get ready for more revisions about personal effects in the report images that suggest the house is not clean and orderly, or would suggest the subject units condition is not how the CU was programed to view C4 and C3, etc.

Appraisal 74

Appraisal 74

Benchmark Report

JUNE 20, 2024

Swiss-based Medius, a consulting and service firm for medical and healthcare products, has been acquired by regenold, which offers a full suite of regulatory services.

59

59

Appraisers Blog

JUNE 20, 2024

Spencer- Forgive the criticism please. I will explain this such that you might find comfort. Let’s start at the basics. Some appraisers search purely by price or some other attribute that may not drive value. The smart ones identify the submarket and draw a continuous radius until they see the best 3 comps (we don’t need 6) – At this point you are visually studying the MLS descriptions to get the best.

Appraisal 73

Appraisal Comps 73

Financial Times M&A

JUNE 20, 2024

Plus, private equity firm 3i enjoys a big payday and how the 777 fiasco spurred Bermuda’s financial regulator to crack down

Private Equity Firm 85

Private Equity Firm Equity 85

Appraisers Blog

JUNE 20, 2024

Dave – Yes AI can teach AI. Do more reading about MIT and mechanical robotics. Sweet baby Jesus, you are not the source of all knowledge. NOT AT ALL.

Appraisal 78

Appraisal 78