Harvard Corporate Governance

SEPTEMBER 5, 2024

Posted by David Farkas, Georgeson LLC, on Thursday, September 5, 2024 Editor's Note: David Farkas is the Head of Shareholder Intelligence at Georgeson LLC. This post is based on an article that was featured in the July/August 2024 issue of The Deal Lawyers. SEC Form 13F public filings can help companies understand whether the threat of a proxy fight is imminent and, crucially, take steps to defend themselves. 13F filings, as they’re known, reveal the share position of institutional investors or

Equity 162

Equity 162

Value Scope

SEPTEMBER 6, 2024

By: Brent Shockley, CFA The 2024 NFL season kicked off Thursday night with a late touchdown overturned by replay to preserve a victory by the defending Super Bowl champion, Kansas City Chiefs, over the Baltimore Ravens. The second game of the NFL season will take place this evening in Sao Paulo, Brazil between the Green Bay Packers and the Philadelphia Eagles.

Equity 130

Equity Start-ups Compliance 130

Mckinsey and Company

SEPTEMBER 5, 2024

McKinsey’s latest analysis of 15 core technology trends points to a new “influencer” role for generative AI as well as growing interest in robotics and digital trust.

Technology 145

Technology 145

Benzinga

SEPTEMBER 3, 2024

Tilray Brands, Inc. (NASDAQ: TLRY ) (TSX: TLRY ) announced on Tuesday that it has completed the previously announced acquisition of craft breweries Hop Valley Brewing Company,Terrapin Beer Co., and Revolver Brewing, from Molson Coors Beverage Company (NYSE: TAP ). Why It Matters The acquisition bolsters Tilray’s leadership position in the U.S. craft beer market as the 5th largest craft brewer in the country and the top craft brewer in the Pacific Northwest and Georgia.

Marketability 128

Marketability 128

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

SEPTEMBER 6, 2024

Posted by Stephen M. Bainbridge (UCLA), on Friday, September 6, 2024 Editor's Note: Stephen M. Bainbridge is the William D. Warren Distinguished Professor of Law at UCLA School of Law. This post is based on his article forthcoming in the Journal of Corporation Law, and is part of the Delaware law series ; links to other posts in the series are available here.

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NYT M&A

SEPTEMBER 4, 2024

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.

Mergers & Acquisitions 127

Mergers & Acquisitions 127

Benzinga

SEPTEMBER 6, 2024

Mobileye Global Inc (NASDAQ: MBLY ) stock is trading lower Friday amid reports that Intel Corp (NASDAQ: INTC ) is eying a strategic stake sale of the Israeli autonomous driving company. Intel could sell up to 88% of its stake in Mobileye, Bloomberg cites familiar sources. The company will decide this at Mobileye’s September board meeting in New York.

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Harvard Corporate Governance

AUGUST 31, 2024

Posted by Lou DiLorenzo Jr., Lara Abrash, and Anjali Shaikh, Deloitte LLP, on Saturday, August 31, 2024 Editor's Note: Lou DiLorenzo Jr. is a Principal, Lara Abrash is the Chair, and Anjali Shaikh is a Managing Director at Deloitte LLP. This post is based on a Deloitte memorandum by Mr. DiLorenzo Jr., Ms. Abrash, Ms. Shaikh, Cary Oven , Caroline Schoenecker , and Erika Maguire.

Technology 212

Technology 212

NYT M&A

SEPTEMBER 5, 2024

Japan’s Seven & i Holdings, the operator of 7-Eleven, has rebuffed a buyout offer that would have been the largest foreign-led acquisition of a Japanese company.

Mergers & Acquisitions 124

Mergers & Acquisitions 124

Mckinsey and Company

SEPTEMBER 4, 2024

Southeast Asia is emerging as a global manufacturing hub, presenting opportunities for logistics companies. Here’s a look at global trade flows in the region.

Marketability 120

Marketability 120

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

Global Finance

SEPTEMBER 5, 2024

Canadian convenience store giant Alimentation Couche-Tard (ACT) has set its sights on Seven & i wHoldings, the Tokyo-based parent company of 7-Eleven. If the deal goes through—ACT submitted an offer to buy all outstanding shares of Seven & i last month—it will mark a significant step into Japan’s retail market by a foreign firm, but it wouldn’t be ACT’s first show of interest in the company or Japan.

Finance 111

Finance Marketability Corporate Finance 111

Harvard Corporate Governance

SEPTEMBER 3, 2024

Posted by Wolfe Tone, Bob Rosone, and Maureen Bujno, Deloitte LLP, on Tuesday, September 3, 2024 Editor's Note: Wolfe Tone is Vice Chair and Bob Rosone and Maureen Bujno are Managing Directors at Deloitte LLP. This post is based on a Deloitte memorandum by Mr. Tone, Mr. Rosone, Ms. Bujno, Jamie McCall , and Robert Lamm. Deloitte asked 100 C-level private business leaders about their outlook regarding business priorities, corporate governance, AI and business risks in the next 12 months.

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Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. That call, at first sight, contained exceptionally good news, with revenues and earnings coming in at stratospheric levels, and above expectations, but the stock fell in the aftermath, down 8% in Thursday’s trading. That drop of more than $200 billion in market capitalization in response to what looked like good news, at least on the surface, puzzled market observers,

Marketability 105

Marketability Start-ups Discounted Cash Flow Market Capitalization 105

Mckinsey and Company

SEPTEMBER 4, 2024

Retail investors are investing more of their capital in companies that have the highest market capitalizations. Intrinsic investors are taking a different approach.

Market Capitalization 117

Market Capitalization Marketability Corporate Finance Finance 117

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

Global Finance

SEPTEMBER 4, 2024

Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In recognition of his leadership in managing Brazil’s monetary policy, Campos Neto earned an “A” grade in the magazine’s 2024 Central Banker Report Cards, announced in August. He also received an “A” in 2023’s report card.

Banking 105

Banking Finance Marketability Start-ups 105

Appraisers Blog

SEPTEMBER 6, 2024

In reply to Baggins. Someone needs to get on that call and ask class appraisal. Why the hell they’ve been taking so much of the appraiser fees and trying to offer us so little watch the pin drop in the room and the deer and the headlights look.

Appraisal 98

Appraisal Compliance 98

Benzinga

SEPTEMBER 5, 2024

United States Steel Corporation (NYSE: X ) are down over 16% since Wednesday morning after the Biden administration expressed intentions to block Nippon Steel Corporation 's $14.9-billion acquisition of the American company. This has been referred to as a national security concern by President Joe Biden , who is reportedly awaiting the results of a Treasury review that would grant him power to execute the restriction.

Treasury 97

Treasury Marketability 97

Mckinsey and Company

SEPTEMBER 6, 2024

Tapping the organization’s collective energy to implement change is crucial for transformation success. A three-step process creates the momentum to meet the challenges ahead.

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Global Finance

SEPTEMBER 3, 2024

Brian Niccol is going from burritos to baristas. The Chipotle CEO is ending his time at the Mexican grill chain and plans to start as top boss at Starbucks on September 9. Niccol, 50, replaces Laxman Narasimhan, marking what observers deem a new beginning for the renowned coffee franchise. Under Narasimhan, Starbucks faced a litany of challenges related to unionization efforts and stunted sales growth across the globe, particularly in China.

Start-ups 106

Start-ups Finance Marketability Corporate Finance 106

Appraisers Blog

SEPTEMBER 6, 2024

In reply to Paco Murray. Earlier this year, Class amc was involved with the local MLS in Denver Colorado. / Image. REcolorado is looking forward to collaborating with appraisers in 2024 with our quarterly appraiser meetings! For the first quarter, we will have a guest speaker from Class Valuation, Scot Rose. Scot will be addressing the future of appraisal modernization and how valuation technology will revolutionize how data driven decisions are made to the benefit of all parties to the real est

Appraisal 98

Appraisal Compliance Technology 98

Law 360 M&A

SEPTEMBER 4, 2024

A coalition of Illinois towns challenging the approval of Canadian Pacific's $31 billion merger with Kansas City Southern told the D.C. Circuit the federal government is trying to use a settlement struck by Chicago's commuter rail system to limit the issues in the case.

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Mckinsey and Company

SEPTEMBER 3, 2024

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.

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Global Finance

SEPTEMBER 3, 2024

Taiwan Semiconductor Manufacturing Company, the world’s biggest semiconductor chip maker, broke ground in early August on its first facility in Europe, an $11 billion fabrication plant in Dresden, Germany. TSMC holds a 70% stake in the venture, called the European Semiconductor Manufacturing Company, with German automotive chip maker Infineon Technologies, the Netherlands’ NXP Semiconductors, and automotive parts supplier Bosch each taking a 10% stake.

Technology 105

Technology Finance 105

Appraisers Blog

SEPTEMBER 6, 2024

Having done many appraisals for Class Appraisal in the past, they suddenly turned off the faucet with no communication whatsoever. After reading these articles above and seeing the many posts from appraisers, I’m kind of glad Class disappeared from my radar. I do not want to work for crooks.

Appraisal 98

Appraisal Compliance 98

Law 360 M&A

SEPTEMBER 4, 2024

Johnson & Johnson owes more than $1 billion to a medical robotics developer and entrepreneur caught up in a multibillion-dollar post-acquisition dispute, a Delaware vice chancellor ruled Wednesday.

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Mckinsey and Company

SEPTEMBER 4, 2024

Steel is a core material for building infrastructure and aiding economic growth. Over the next decade and beyond, several trends will reshape the global and regional steel industry landscape.

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Benzinga

SEPTEMBER 3, 2024

The Federal Trade Commission (FTC) has reached the halfway point in a trial where it is trying to convince an Oregon federal judge to grant an injunction that would prevent two of the largest grocers — The Kroger Co. (NYSE: KR ) and Alberstons Companies, Inc. (NYSE: ACI ) — from carrying out a $25 billion merger. What Happened : According to the Wall Street Journal, the FTC retained expert witnesses to testify that groceries could get more expensive if Kroger and Albertsons combined.

Technology 98

Technology 98

Appraisers Blog

SEPTEMBER 5, 2024

In reply to Pat. I don’t see how Pat. An invoice is a bill. Its not normally a part of an appraisal. NO AMC can prevent us from disclosing what we were paid, in the body of the report (text addendum) or transmittal letter.

Appraisal 98

Appraisal 98

Law 360 M&A

SEPTEMBER 5, 2024

Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.

Dividends 96

Dividends 96

Mckinsey and Company

SEPTEMBER 4, 2024

While the country’s consumers are increasingly optimistic and expect to spend more, they remain inclined to trade down and reluctant to splurge.

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Global Finance

SEPTEMBER 4, 2024

Call it “the CFO shuffle.” Top finance leaders are shifting from one company or position to another—or opting for retirement—at a faster rate. That’s according to the latest data from Russell Reynolds Associates, which specializes in executive searches. This year saw increased levels of turnover, with the proportion of outgoing finance chiefs reaching 8.9% globally from January to June.

Finance 94

Finance Marketability Corporate Finance 94

Appraisers Blog

SEPTEMBER 4, 2024

In reply to kevin. Of course the site does not work. There was so much industry pressure the effort was shut down from the top down. Appraisal Advisor was the idea of the son of the founder of Alamode, Biggers. He wanted to provide a truly useful tool to help appraisers because it was obvious then how exploitative the amc industry was becoming. Right when the site went live within a month or so, there must have been so much pressure that they shut the effort down.

Appraisal 98

Appraisal Compliance 98

Law 360 M&A

SEPTEMBER 4, 2024

After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

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Mckinsey and Company

SEPTEMBER 5, 2024

Generative AI has increased the focus on data, putting pressure on companies to make substantive shifts to build a truly data-based organization.

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