Bloomberg

Taro Pharmaceutical Board Relies on Flawed Analysis to Shortchange Minority Shareholders

Retrieved on: 
Tuesday, April 23, 2024

Taro's leaders own no shares of the company, dissuading them from fulfilling their fiduciary responsibility to minority shareholders.

Key Points: 
  • Taro's leaders own no shares of the company, dissuading them from fulfilling their fiduciary responsibility to minority shareholders.
  • The law requires Sun to obtain approval of the majority of Taro's minority shareholders.
  • Flaws in the investment bank's analysis include its use of a cost of capital of 10% to 12%.
  • The bank's analysis relies on estimates—provided by Taro management—of free-cash flow during the next ten years of $445 million.

Ferrovial appoints Claudia Husemann as Director, U.S. Communications

Retrieved on: 
Wednesday, April 17, 2024

AUSTIN, Texas, April 17, 2024 /PRNewswire/ -- Ferrovial today announced the appointment of Claudia Husemann as director of communications and corporate social responsibility (CSR) for the United States. Husemann brings decades of experience leading strategic communications, translating complex sectors and business models in engaging ways to reach diverse audiences. She joins the company ahead of its public listing in the U.S., and as global leadership looks to North America for continued strong growth.

Key Points: 
  • Huseman to lead internal and external communications for the U.S. market in newly created role
    AUSTIN, Texas, April 17, 2024 /PRNewswire/ -- Ferrovial today announced the appointment of Claudia Husemann as director of communications and corporate social responsibility (CSR) for the United States.
  • Husemann brings decades of experience leading strategic communications, translating complex sectors and business models in engaging ways to reach diverse audiences.
  • Reporting directly to Leiva, Husemann will guide all aspects of Ferrovial's communications strategy for the U.S. market.
  • Prior to joining Ferrovial, Husemann led global communications for Silicon Labs, a semiconductor company focused on IoT solutions.

Nationally recognized White Collar Litigator Mike Piazza Joins Lathrop GPM as a Partner in Dallas

Retrieved on: 
Tuesday, April 16, 2024

DALLAS, April 16, 2024 /PRNewswire-PRWeb/ -- Lathrop GPM LLP is proud to announce that Mike Piazza joined the firm on April 15 as a partner in the Litigation & Dispute Resolution practice group. He is based in the Dallas office. Piazza is a national authority on white collar defense, securities and complex commercial litigation, bet-the-company business disputes, and accountant liability. He represents individuals and companies in financial services, private equity funds, health care, utilities, retail, hospitality and real estate development.

Key Points: 
  • DALLAS, April 16, 2024 /PRNewswire-PRWeb/ -- Lathrop GPM LLP is proud to announce that Mike Piazza joined the firm on April 15 as a partner in the Litigation & Dispute Resolution practice group.
  • Piazza is a national authority on white collar defense, securities and complex commercial litigation, bet-the-company business disputes, and accountant liability.
  • Piazza will focus on white collar defense and investigations, regulatory compliance, dispute resolution, and trial representation.
  • A nationally recognized authority, Mike is regularly quoted by the Wall Street Journal, Financial Times, Bloomberg, Law360, and Capitol Matters.

Cloud Foundry Day North America Sessions Announced

Retrieved on: 
Tuesday, April 16, 2024

SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- The Cloud Foundry Foundation today announced the schedule of sessions for Cloud Foundry Day in New York City on May 15. The conference event is a full day of sessions related to open source technologies aimed at delivering the best experience for developers at companies of all sizes.

Key Points: 
  • SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- The Cloud Foundry Foundation today announced the schedule of sessions for Cloud Foundry Day in New York City on May 15.
  • Now, with Korifi and Paketo Buildpacks , the best-in-class developer experience that Cloud Foundry is known for is available on Kubernetes.
  • Cloud Foundry Day brings the technical community, end-users, and member companies together.
  • In addition to the N.Y. event, Cloud Foundry plans a European Cloud Foundry Day will be held in Karlsruhe, Germany in October.

Riskthinking.AI Climate Risk Data Selected by OSFI and AMF to Power Mandatory Climate Scenario Analysis

Retrieved on: 
Thursday, April 11, 2024

The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada.

Key Points: 
  • The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada.
  • The AMF considers climate risks to be among the most significant facing the economy in terms of its potential impact.
  • The AMF's Climate Risk Management Guideline , currently in public consultation, will come into effect in 2024.
  • "It's the latest example of our data and analytics platform helping model climate risk."

Riskthinking.AI Climate Risk Data Selected by OSFI and AMF to Power Mandatory Climate Scenario Analysis

Retrieved on: 
Thursday, April 11, 2024

The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada.

Key Points: 
  • The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada.
  • The AMF considers climate risks to be among the most significant facing the economy in terms of its potential impact.
  • The AMF's Climate Risk Management Guideline , currently in public consultation, will come into effect in 2024.
  • "It's the latest example of our data and analytics platform helping model climate risk."

STRIVE ANNOUNCES THE LAUNCH OF MID-CAP ETF (NYSE: STXM)

Retrieved on: 
Thursday, April 11, 2024

COLUMBUS, Ohio, April 11, 2024 /PRNewswire/ -- Today, Strive Asset Management ("Strive"), a leading provider of shareholder-focused investment solutions, announced the launch of its twelfth fund, the Strive Mid-Cap ETF (NYSE: STXM), which offers Strive investors access to the middle 400 corporations by market cap of the Bloomberg US 1500 Index.

Key Points: 
  • COLUMBUS, Ohio, April 11, 2024 /PRNewswire/ -- Today, Strive Asset Management ("Strive"), a leading provider of shareholder-focused investment solutions, announced the launch of its twelfth fund, the Strive Mid-Cap ETF (NYSE: STXM), which offers Strive investors access to the middle 400 corporations by market cap of the Bloomberg US 1500 Index.
  • STXM joins the Strive 500 ETF (STRV) and Strive Small-Cap ETF (STXK) to complete the company's market cap series and provide investors access to the entire Bloomberg US 1500 Index.
  • "Like all our products, Strive's new mid-cap fund, STXM, is strictly focused on maximizing shareholder value," said Matt Cole, Strive CEO and CIO.
  • Strive also announced a new retirement plan for businesses small to large , the Strive Pooled Employer Plan (Strive PEP), and launched tax-loss harvesting separately managed accounts (SMAs).

Scoop Launches Office Benchmarks, Allowing Employers To Access Hybrid Workplace Benchmark Data For The First Time

Retrieved on: 
Thursday, April 11, 2024

SAN FRANCISCO, April 11, 2024 /PRNewswire-PRWeb/ -- Scoop Technologies, Inc., today announces Office Benchmarks, a groundbreaking expansion of their Flex Index database. Office Benchmarks allows employers to quickly and easily compare their office holdings and usage to firms with similar flexible work approaches, enabling them to make better decisions around office investments, office planning, and employee experience. Today's launch allows employers to see how they compare to other hybrid companies on these metrics for the first time in history.

Key Points: 
  • SAN FRANCISCO, April 11, 2024 /PRNewswire-PRWeb/ -- Scoop Technologies, Inc., today announces Office Benchmarks, a groundbreaking expansion of their Flex Index database.
  • "With today's launch of Office Benchmarks, we're able to put more data into the hands of workplace executives, allowing them to answer Board-level questions about hybrid work policy, real estate efficiency, and employee experience."
  • Scoop launched Flex index back in February 2023 to create a one-stop shop for hybrid workforce data.
  • Access Unparalleled Workplace Insights: Gain unprecedented access to policy and workplace data relative to peers.

Roundhill Investments Appoints Dave Mazza as CEO

Retrieved on: 
Wednesday, April 10, 2024

NEW YORK, April 10, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced the appointment of Dave Mazza as its Chief Executive Officer as the firm embarks on its next stage of growth.

Key Points: 
  • NEW YORK, April 10, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced the appointment of Dave Mazza as its Chief Executive Officer as the firm embarks on its next stage of growth.
  • "We are thrilled for Dave to take on the CEO role as Roundhill enters the next phase of its growth trajectory," said Will Hershey, Roundhill Co-Founder.
  • Mazza is a long-standing ETF industry expert, frequently appearing on financial media including CNBC and Bloomberg.
  • Prior to joining Roundhill, Mazza was Managing Director, Head of Product, at Direxion.