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☆ Watch CNBC's full interview with iCapital's Anastasia Amoroso and Veritas Financial's Greg Branch
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with iCapital's Anastasia Amoroso and Veritas Financial's Greg BranchAnastasia Amoroso, chief investment strategist at iCapital, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss rising rates and yields and their impact on the markets.

Persons: iCapital's Anastasia Amoroso, Greg Branch Anastasia Amoroso, Gregory Branch Organizations: Veritas, Veritas Financial Group

☆ Two financial experts discuss inflation's impact on the broader markets
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial experts discuss inflation's impact on the broader marketsGreg Branch, Managing Partner at Veritas Financial, and Ross Mayfield, Investment Strategy Analyst at Baird, discuss the impact of inflation and rising rates on the broader markets.

Persons: Branch, Ross Mayfield, Baird Organizations: Veritas Financial, Investment

☆ Goldman reveals its brand new 'conviction list' of European stocks — giving one nearly 150% upside
▼ + stars: | 2023-10-05 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs has a new list of top stock picks for Europe, which it called its "most differentiated" ideas for the region. The "European Conviction List - Directors' Cut" is the bank's "curated and active" list of 15 to 25 buy-rated stocks. Goldman already has a conviction list of stock ideas across regions — which includes its top buy-rated stocks it expects to outperform. "The subcommittee will collaborate with each sector analyst to identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns," Goldman wrote in the Oct.1 note. Goldman presented 18 European names in this new list, which it will update monthly.

Persons: Goldman Sachs, Goldman, Puma, Philips, Enel, — CNBC's Michael Bloom Organizations: Europe, bank's, Investment, Puma, Volvo, Philips, BT, Veritas Locations: Europe

☆ The upside surprises to economic data won't last, says SoFi's Liz Young
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe upside surprises to economic data won't last, says SoFi's Liz YoungDan Greenhaus, Solus Alternative Asset Management chief strategist, Liz Young, SoFi head of investment strategy, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss markets, rising yields, and rates.

Persons: SoFi's Liz Young Dan Greenhaus, Liz Young, Gregory Branch Organizations: Asset Management, Veritas Financial Group

☆ BlackBerry to separate IoT and cybersecurity businesses, plans IPO
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsOct 4 (Reuters) - Canadian technology company BlackBerry (BB.TO), said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary initial public offering for the IoT business next fiscal year. BlackBerry joins a number of companies that have split their units in recent years, favoring a leaner corporate structure to help investors better evaluate their separate businesses. BlackBerry said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses. Last year, it pulled the plug on its smartphones business and has since been trying to sell its legacy patents related to its mobile devices. IoT revenue was $49 million, while cybersecurity revenue came in at $79 million.

Persons: Mike Blake, Johnson, John Chen, BlackBerry, Savyata Mishra, Samrhitha, Shilpi Majumdar, Shinjini Organizations: REUTERS, BlackBerry, Kellogg, Healthcare, Johnson, General Electric, Reuters, Veritas Capital, Thomson Locations: Irvine , California, U.S, Canadian, Waterloo , Ontario, Bengaluru

☆ US Private Equity Firms Challenge Amentum in Race for Jacobs Unit -Sources
▼ + stars: | 2023-10-04 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By David CarnevaliNEW YORK (Reuters) - U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc's government consulting business, competing against rival contractor Amentum, according to people familiar with the matter. Dallas-based Jacobs is seeking final offers this week for the unit, which is known as Critical Mission Solutions (CMS), and could be valued at more than $4 billion, the sources said. Veritas and Platinum Equity plan to make all-cash offers, while Amentum's private equity owners Lindsay Goldberg and American Securities intend to offer Amentum shares as part of their bid, the sources added. Veritas and Platinum Equity did not respond to requests for comment. These operations generated $10.5 billion in revenue in Jacobs' latest fiscal year.

Persons: David Carnevali, Amentum, Jacobs, Lindsay Goldberg, Robert Pragada, Artemis, Cynthia Osterman Organizations: Veritas Capital, Equity, Jacobs Solutions, Veritas, American Securities, CMS, NASA, PA Consulting Locations: Dallas, New York

☆ Watch CNBC's full interview with Solus' Dan Greenhaus, SoFi's Liz Young and Veritas' Greg Branch
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Solus' Dan Greenhaus, SoFi's Liz Young and Veritas' Greg BranchDan Greenhaus, Solus Alternative Asset Management chief strategist, Liz Young, SoFi head of investment strategy, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss markets, rising yields, and rates.

Persons: Solus, Dan Greenhaus, SoFi's Liz Young, Greg Branch Dan Greenhaus, Liz Young, Gregory Branch Organizations: Veritas, Asset Management, Veritas Financial Group

Bezos founded Amazon but it is unconnected to the Post, which Bezos bought with his own funds and in Baron’s telling, seems to genuinely relish owning. Baron, executive editor of the Post from 2013-2021, clearly has researched extensively and thought deeply about how to cover the unprecedented presidency of Donald Trump. Baron writes that he “needed to get myself ready for his brand of presidency” and cites the books he read on authoritarianism and the manipulation of public opinion. To any who think the news media march to the same cadences, Baron writes “newsrooms often are a wellsprings of conflict, dissent and grievance.”Often, though, from spirited arguments, great journalism arises. Baron writes that the Committee to Protect Journalists, which typically monitors threats to press freedom in other countries, began to focus on Trump as a threat within U.S. borders.

Persons: Martin Baron's, Jeff Bezos, Donald Trump, Bezos, Trump, Baron, ”, ” Baron, “, Roy Moore, “ newsrooms, Michael Flynn, David Ignatius, Ignatius, CPJ Organizations: Trump, Washington, The Washington Post, Alabama Republican, Veritas, Post, Protect Journalists Locations: The, United States, U.S

☆ Branch: Can't be at trough earnings because the cost of capital for businesses is still increasing
▼ + stars: | 2023-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBranch: Can't be at trough earnings because the cost of capital for businesses is still increasingGregory Branch, Managing Partner at Veritas Financial Group, discusses the trading day ahead.

Persons: Gregory Branch Organizations: Veritas Financial

☆ Interest rates are likely going to get higher, says Veritas Financial's Gregory Branch
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInterest rates are likely going to get higher, says Veritas Financial's Gregory BranchGregory Branch, Veritas Financial managing partner, joins 'Closing Bell' to discuss inflation, future interest rate cuts, and more.

Persons: Branch Gregory Organizations: Branch Gregory Branch, Veritas Financial

☆ Watch CNBC's full interview with Gregory Branch, Stephanie Link, and Brian Levitt
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Gregory Branch, Stephanie Link, and Brian LevittGregory Branch, Veritas Financial managing partner, Stephanie Link, Hightower chief investment strategist, and Brian Levitt, Invesco Global Market Strategist, join 'Closing Bell' to discuss the day's top stocks.

Persons: Gregory Branch, Stephanie Link, Brian Levitt Gregory Branch, Hightower, Brian Levitt Organizations: Veritas Financial, Invesco

☆ House Judiciary Committee threatens to subpoena FBI over Charles McGonigal documents
▼ + stars: | 2023-09-19 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +3 min

House Judiciary is demanding that the FBI turn over internal records about ex-agent Charles McGonigal. The FBI ignored a letter from the committee sent in February, a committee spokesperson told Insider. Jordan first demanded that the FBI turn over McGonigal-related documents in February, a few days after he was indicted in New York and Washington. The bureau never responded beyond acknowledging receipt of the letter, a spokesperson for the committee told Insider. In a video interview, Buma told Insider that Jordan's committee is cherry-picking its witnesses, a charge that a spokesperson for Jordan has denied.

Persons: Charles McGonigal, McGonigal, Jim Jordan, Christopher Wray, Jordan, McGonigal's, Sheldon Whitehouse, Hillary Clinton, Trump, Johnathan Buma, Buma, Wray Organizations: FBI, Service, Justice Department, Bureau, New, Republicans, Veritas Locations: York, Wall, Silicon, Russian, Ohio, New York, Washington, Russia, New York City

☆ Veritas' Greg Branch makes his case for more rate hikes ahead
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeritas' Greg Branch makes his case for more rate hikes aheadGreg Branch, Veritas Financial managing partner, joins 'Power Lunch' to discuss his Fed rate outlook and what it will mean for the economy.

Persons: Greg Branch Organizations: Veritas, Greg, Veritas Financial

☆ Activist Elliott makes inroads at Catalent to build value. Here’s what could happen next
▼ + stars: | 2023-09-16 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

This segment also handles the formulation, development and manufacturing for parenteral dose forms, including vials and prefilled syringes. Activist Commentary: Elliott is a very successful and astute activist investor, particularly in the technology sector. While as an activist Elliott will do whatever it feels is necessary to enhance shareholder value, in the past the firm has made significant use of the strategy of offering to acquire its portfolio companies as the best catalyst to enhance shareholder value. Like Catalent, Syneos is an outsourced pharma solutions company: It outsources R&D for pharmaceutical companies, whereas Catalent outsources manufacturing. If this does turn from a strategic review to an operational review, there is no guarantee that he keeps his job.

Persons: Catalent, there's, Elliott, Steven Barg, Frank D'Amelio, Stephanie Okey, Michelle Ryan, Johnson, Barg, Ryan, John Greisch, There's, Danaher, Alessandro Maselli, Ken Squire Organizations: Oral Technologies, Clinical, Pfizer, Rom Holdings, Bloomberg, Merck, Citrix Systems, Nielsen Holdings, Square, Veritas Capital, Syneos Health, 13D Locations: COOs, North America

☆ The market has not yet reached a trough in earnings, says Veritas Financial's Greg Branch
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market has not yet reached a trough in earnings, says Veritas Financial's Greg BranchGregory Branch, founder and managing partner at Veritas Financial Group, and Dan Greenhaus, Solus Alternative Asset Management chief strategist, join 'Closing Bell' to discuss consumer weakness due to the effects of monetary policy, the case for why the Fed will do more rate hikes, and debt delinquency rates accelerating with a weakening consumer.

Persons: Veritas, Greg Branch Gregory Branch, Dan Greenhaus Organizations: Veritas Financial Group, Asset Management

☆ Right-wing activist James O'Keefe spent donor money on DJ equipment and hoped to play Coachella, former staffers say
▼ + stars: | 2023-09-06 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Project Veritas founder James O'Keefe used donor money on DJ equipment, two former staffers said. He spent $2,500 on the items and hoped to play Coachella, the staffers told the Washington Post. The spending was detailed in a Project Veritas audit done after O'Keefe was ousted from the group. The Project Veritas audit the newspaper obtained purports that the group's former leader spent $208,000 in three years on "black-car travel". Project Veritas, which did not publish the diary, has denied any wrongdoing.

Persons: James O'Keefe, O'Keefe, O'Keefe —, —, couldn't, O'Keefe's, Joe Biden's, Ashley, cdavis@insider.com Organizations: Veritas, Washington Post, Service, Project Veritas Locations: Wall, Silicon, California, Florida

☆ BlackBerry expects to report drop in quarterly revenue, shares dive
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

The Blackberry logo is shown on a office tower in Irvine, California, U.S., October 20, 2020. In its preliminary results announcement for the quarter, the company said it expects revenue of about $132 million, compared with $168 million last year. Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review. The company expects revenue in its cybersecurity unit to be about $80 million, lower than $111 million last year.

Persons: Mike Blake, John Chen, Jaiveer Singh, Devika Organizations: REUTERS, LSEG, Veritas Capital, Canadian, Thomson Locations: Irvine , California, U.S, Bengaluru

☆ Inside the secretive world of superyachts, where the world's elite gather to relax and broker deals away from prying eyes
▼ + stars: | 2023-09-04 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

"They are the smallest country in the world," he said of the global community of billionaire superyacht owners. FlickrThe level of wealth of superyacht owners vastly exceeds that of even the sports stars and celebrities occasionally pictured on board. Superyacht owners can be intolerant of even the tiniest error or delay, the source said, and staff operate to precise schedules. Bruce Bennett/Getty ImagesSpy drones and bugging devicesAnd embarrassing guests are far from the only problem superyacht owners face. The privacy of the vessels, and the wealth, fame, and power of their owners and passengers inevitably draw unwelcome attention.

Persons: superyachts, David Geffen, you've, VALERY HACHE, you'd, they're, they've, Bruce Bennett, Simon Rowland, Rowlands, Spies Organizations: Service, Staff, Flickr, International Monaco, Getty, titans, UK Royal Marines, Veritas, superyachts Locations: Wall, Silicon, Yachtharbor.com, Hercules, Monaco, AFP

☆ Private equity firm Veritas makes takeover offer for BlackBerry, source says
▼ + stars: | 2023-08-25 | by ( Greg Roumeliotis | ) www.reuters.com time to read: +2 min

REUTERS/Mike Blake Acquire Licensing RightsAug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd (BB.TO), according to a person familiar with the matter, months after the Canadian technology company began a strategic review. Veritas and Blackberry did not immediately respond to Reuters requests for comment. Veritas has made an offer for the entire company, the source said, adding that BlackBerry is also in talks with other potential buyers. Morgan Stanley (MS.N) and Perella Weinberg Partners are acting as financial advisors to BlackBerry for the strategic review. Bloomberg News reported the talks between Veritas and BlackBerry earlier on Friday.

Persons: Mike Blake, Morgan Stanley, Perella Weinberg, Chavi Mehta, Shweta Agarwal, Grant McCool Organizations: REUTERS, Veritas Capital, BlackBerry, Veritas, Malikie Innovations, Perella Weinberg Partners, Bloomberg News, Thomson Locations: Irvine , California, U.S, Canadian, Bengaluru

☆ Private-equity firm Veritas makes a takeover offer for BlackBerry, source says
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

The Blackberry logo is shown on a office tower in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake Acquire Licensing RightsAug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy Canadian software company BlackBerry (BB.TO), according to a person familiar with the matter. Veritas and Blackberry did not immediately respond to Reuters requests for comment. It pulled the plug on its smartphones business last year and has since been trying to sell its legacy patents related to its mobile devices. In May, BlackBerry said it will continue with the previously announced sale of the patents related to its mobile devices to Malikie Innovations Limited for up to $900 million.

Persons: Mike Blake, BlackBerry, Chavi Mehta, Greg Roumeliotis, Shweta Agarwal Organizations: REUTERS, Veritas Capital, BlackBerry, Veritas, Malikie Innovations, Thomson Locations: Irvine , California, U.S, Bengaluru

☆ Veritas is said to consider a takeover offer for BlackBerry - source
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: 1 min

The Blackberry logo is shown on a office tower in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake Acquire Licensing RightsAug 25 (Reuters) - Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry (BB.TO), according to a person familiar with the matter. Veritas and Blackberry did not immediately respond to Reuters' requests for a comment. BlackBerry had said in May it would conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses. Reporting by Chavi Mehta in Bengaluru and Greg Roumeliotis; Editing by Shweta AgarwalOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Blake, BlackBerry, Chavi Mehta, Greg Roumeliotis, Shweta Agarwal Organizations: REUTERS, Veritas Capital, Canadian, BlackBerry, Veritas, Thomson Locations: Irvine , California, U.S, Bengaluru

☆ Markets will chase companies with strong earnings and market expansion, says Veritas' Greg Branch
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets will chase companies with strong earnings and market expansion, says Veritas' Greg BranchNFJ Investment's John Mowrey and Veritas' Greg Branch, join 'Closing Bell' to discuss market trends, bear thesis, and where they see the markets heading.

Persons: Branch NFJ, John Mowrey, Branch Organizations: Veritas

☆ Watch CNBC's full interview with NFJ Investment's John Mowrey and Veritas' Greg Branch
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with NFJ Investment's John Mowrey and Veritas' Greg BranchNFJ Investment's John Mowrey and Veritas' Greg Branch, join 'Closing Bell' to discuss market trends, bear thesis, and where they see the markets heading.

Persons: NFJ Investment's John Mowrey, Branch NFJ, John Mowrey, Branch Organizations: Veritas

☆ BAE snaps up Ball's aerospace arm for $5.6 billion in its biggest deal ever
▼ + stars: | 2023-08-17 | by ( Yadarisa Shabong | ) www.reuters.com time to read: +3 min

People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. Shares in BAE Systems fell as much as 4.9%, while Ball Corp rose 2.7% in premarket trading. "We see this deal as a good fit, although slightly expensive," Jefferies analysts led by Chloe Lemarie wrote in a note. He also confirmed the 1.5 billion pound ($1.91 billion) share repurchase announced with its half-year results. The Colorado-based aerospace business made $1.98 billion in revenue and accounted for 13% of Ball's consolidated net sales in 2022.

Persons: Cheney Orr, Tom Arseneault, Chloe Lemarie, Charles Woodburn, Yadarisa Shabong, Chandini, Susan Mathew, Subhranshu Sahu, Jason Neely, Sharon Singleton Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Ball Corp, Jefferies, Reuters, Blackstone Inc, Veritas Capital Fund Management, BAE, General Dynamics Corp, Textron, Shore Capital, Britain's, British, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Colorado, Bengaluru

☆ BAE Systems snaps up Ball Corp's aerospace arm for about $5.55 bln
▼ + stars: | 2023-08-17 | by ( Yadarisa Shabong | ) www.reuters.com time to read: +3 min

People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. Shares in BAE Systems were down 3% by 0730 GMT. "We see this deal as a good fit, although slightly expensive," Jefferies analysts led by Chloe Lemarie wrote in a note. The proposed deal would be treated as an asset purchase for federal tax purposes, BAE said. ($1 = 0.7856 pounds)Reporting by Yadarisa Shabong in Bengaluru; editing by Subhranshu Sahu and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Cheney Orr, Chloe Lemarie, Charles Woodburn, Morgan Stanley, Yadarisa, Subhranshu Sahu, Jason Neely Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Ball Corp, Jefferies, Reuters, Blackstone Inc, Veritas Capital Fund Management, BAE, General Dynamics Corp, Textron, Britain's, Intelligence, Thomson Locations: Huntsville , Alabama, U.S, Colorado, Bengaluru

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