Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "NDS Group"


19 mentions found


May 10 (Reuters) - Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United States as battered regional banks tighten lending after the turmoil in the sector, according to fund managers and investment strategists. Such lenders see commercial and residential real estate as particularly attractive, given the prominence of regional banks in these sectors. Regional U.S. banks accounted for about 70% of outstanding loans to the commercial real estate (CRE) sector alone, according to Capital Economics. "Signature was one of the biggest providers of real estate lending in the New York area, commercial real estate is very vulnerable ... as a lender you want to be on the other side of that," Handa said. Many private credit funds have plenty of excess funds, or "dry powder" to invest, said Matt Malone, head of investment management at private investment management firm Opto Investments.
Shaquille O’Neal, a retired basketball star, is part of a consortium that could bid for BET Media Group. Photo: Katherine Tyler/NBAE via Getty ImagesA group including basketball legend Shaquille O’Neal , TV producer Kenya Barris and rapper 50 Cent is among the potential bidders for a majority stake in Paramount Global ’s BET Media Group , according to people familiar with the situation. The three celebrities have teamed up with Group Black—a company that aims to invest in and grow Black-owned media firms—private-equity firm CVC Capital Partners and Authentic Brands Group, which develops and licenses its brands to retail operators, the people said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation and interest rates: It's easier to gain weight than to lose it, says Bain & CoKaren Harris, managing director of macro trends group at Bain & Co, says "I'd rather be the bank of India than the bank of Japan."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're entering a 'structurally more inflationary' world —and that will mean more failures, Bain & Co MD says"The calibration to an era of low rates is so entrenched that getting used to higher rates, that torque, will create failures that we haven't yet seen or anticipated," said Karen Harris, managing director of the Macro Trends Group at Bain & Company.
Twitter added paid checks to accounts of dead celebrities like Kobe Bryant and Anthony Bourdain. The rights to Monroe's likeness and intellectual property sold to Authentic Brands Group for an estimated $20-30 million in 2011, the outlet reported. In 2013, shortly after Authentic Brands Group acquired the rights to Monroe's image, she became a spokesperson for Chanel No. Authentic Brands Group, which also owns the rights to Elvis Presley and Muhammad Ali's brands, did not immediately respond to Insider's request for comment. The marketing group is run by Jamie Salter, the billionaire entrepreneur who co-founded Hilco Consumer Capital.
Netflix has teamed with Lacoste to create a clothing collaboration inspired by eight of its popular shows, including "Bridgerton," "Stranger Things," and "Lupin." For the pieces, Lacoste reimagined its iconic crocodile logo with elements of the Netflix shows on a collection of polos, caps, sweatshirts, and tracksuits. For "Stranger Things," a sweatshirt features the crocodile with the face of the Demogorgon, the feared creature from Season 1. Lacoste apparel inspired by "Stranger Things." NetflixThe items cost $30 to $210 and will be sold at select Lacoste stores and on Lacoste.com and Netflix.shop.
Bayer's new CEO has a full in-tray as investors push for change
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +5 min
February 9 - By Ludwig Burger and Patricia WeissFRANKFURT (Reuters) - Bayer's incoming CEO is inheriting a full in-tray from his predecessor: Thousands of lawsuits claiming its weedkiller causes cancer, an underwhelming drug development pipeline and disgruntled investors looking for major change. "The most important task for Bill Anderson is to regain investors' trust," said Markus Manns, a portfolio manager at Germany's Union Investment, a top 20 shareholder. Bayer's shares lag those of its global rivals, having fallen about 40% - knocking about 30 billion euros off its market valuation - since it bought Monsanto in 2018 for about $63 billion. Baumann's early exit has stirred debate about what the 56-year-old Anderson can do to restore investor trust and boost Bayer's shares. A stand-alone pharmaceuticals business, with 18.3 billion euros in 2021 sales, could also become a takeover target.
HydrowWhat it is: indoor rowing machineTotal capital raised: $255 million22. ipsaWhat it is: fine frozen dinners made to be heated on stove tops or in ovensTotal capital raised: Undisclosed23. MadhappyWhat it is: fashion and lifestyle brand focused on creating conversation around mental healthTotal capital raised: $1.8 million28. MugsyWhat it is: online retailer best known for its jeansTotal capital raised: None32 .Oliver CabellWhat it is: luxury footwear minus the markupsTotal capital raised: None33. The Normal BrandWhat it is: lifestyle brand that sells rugged clothing for men and women inspired by the MidwestTotal capital raised: None46. Win Brands GroupWhat it is: holding company with brands selling outerwear, home goods, and candlesTotal capital raised: $90 million50.
Bayer investor calls for swift replacement of CEO -newspaper
  + stars: | 2023-01-28 | by ( ) www.reuters.com   time to read: +2 min
FRANKFURT, Jan 28 (Reuters) - Bayer (BAYGn.DE) investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. "There is a window of opportunity for Chairman Norbert Winkeljohann to act before the annual general meeting at the end of April. He has to seize that opportunity, otherwise the pressure on him will increase as well," Speich added. "Generally speaking we are always open to a constructive dialogue with our stakeholders," a Bayer spokesperson said, declining to comment specifically on the interview. Another activist investment fund, hedge fund veteran Jeffrey Ubben's Inclusive Capital Partners, said this month it had also acquired a stake in Bayer.
JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.
Switzerland's second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul. Credit Suisse revealed that it had continued to experience net asset outflows, and said these flows were approximately 6% of assets under management at the end of the third quarter. Credit default swaps are a type of financial derivative that provide the buyer with protection against default. "In wealth management, these outflows have reduced substantially from the elevated levels of the first two weeks of October 2022 although have not yet reversed," Credit Suisse said Wednesday.
NEW YORK, Nov 14 (Reuters) - Hedge funds Group One Trading LP, Two Sigma Investments LP and Holocene Advisors LP were among the largest purchasers of Tesla Inc (TSLA.O) stock during the third quarter, filings released Monday showed. Group One Trading added a new position of slightly more than 1 million shares, giving it a market value of nearly $276 million as of Sept. 30. Two Sigma, meanwhile, added nearly 323,500 shares for a stake worth $14.7 million as of the end of September, while Holocene Advisors added nearly 319,000 shares for a stake worth about $84.6 million. Tesla's shares have fallen significantly since the end of the quarter, dropping 16% compared to the 11.4% gain in the benchmark S&P 500 index. The Maryland State Retirement and Pension System and Abbot Financial Management Inc were among the few large investors who shed their full stake in Tesla during the quarter, filings show.
Adidas scoops up CEO who turned around rival Puma
  + stars: | 2022-11-08 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
London CNN Business —Adidas has appointed the head of Puma to succeed outgoing CEO Kasper Rorsted, betting on his ability to replicate its crosstown rival’s comeback. Norwegian Bjørn Gulden, 57, will become CEO of Adidas (ADDDF) on January 1, 2023, the German sportswear brand said in a statement on Tuesday. “As CEO of Puma, he re-invigorated the brand and led the company to record results,” Rabe added. Gulden takes over amid a deepening slump in Adidas’ home market of Germany and as inflation begins to weigh heavily on consumer spending globally. Chief financial officer Harm Ohlmeyer will lead Adidas until Gulden takes over.
REUTERS/Carlo AllegriOct 26 (Reuters) - Brooks, the running shoe unit of billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N), has settled a lawsuit accusing the retailer Brooks Brothers of diluting its reputation and confusing customers by marketing athletic wear with the "Brooks" name, but without "Brothers." It objected last year to Brooks Brothers' launch of "faux" athletic wear, saying it threatened to "demoralize" consumers who associate the Brooks name with high-quality athletic wear, and to Brooks Brothers' "Back to Brooks" marketing campaign. Brooks Brothers countered that the lawsuit was an "ill-conceived ploy" to evade the coexistence agreement, and demanded Brooks' compliance. Founded in 1818, Brooks Brothers is the oldest continually-operating U.S. clothing retailer. The case is Brooks Sports Inc v SPARC Group LLC, U.S. District Court, Western District of Washington, No.
Explainer: Credit Suisse in spotlight ahead of strategy shift
  + stars: | 2022-10-24 | by ( ) www.reuters.com   time to read: +5 min
WHY IS CREDIT SUISSE IN THE SPOTLIGHT? A spying scandal forced then-CEO Tidjane Thiam to quit in 2020, and Switzerland's financial regulator said Credit Suisse had misled it about the scale of its surveillance. His successor Thomas Gottstein lasted until July 2022, when Credit Suisse turned to restructuring expert Ulrich Koerner as CEO and launched a second strategic review within a year. Credit Suisse is looking to sell the Savoy Hotel in central Zurich, which could be worth 400 million Swiss francs. Since its foundation in 1856, Credit Suisse has played a central role in the history and development of Switzerland.
Oct 21 (Reuters) - Money managers such as Janus Henderson Group (JHG.N) and investment firms including Blue Owl Capital Inc (OWL.N) are weighing potential offers for Credit Suisse Group AG's (CSGN.S) U.S. asset management unit, people familiar with the matter said on Friday. read moreJanus and rival asset manager AllianceBernstein Holding (AB.N), and Blue Owl as well as private equity firms Centerbridge Partners and Clearlake Capital are considering bids, the sources said. Credit Suisse, Blue Owl, Clearlake, Invesco and Janus Henderson declined to comment. Janus Henderson emerged in 2017 from the combination of Janus Capital Group and Henderson Group, and Blue Owl was formed last year from the three-way merging of Owl Rock Capital Group, Dyal Capital Partners and a blank check firm. Meanwhile, both Ameriprise and Invesco have been active buyers of asset managers in recent years.
ZURICH, Oct 21 (Reuters) - Credit Suisse Group AG (CSGN.S) has placed an 8.6% stake in Allfunds Group (ALLFG.AS) via an accelerated bookbuilding offering that was priced at 6.195 euros a share, raising 334 million euros ($326.2 million), a bookrunner said on Friday. The deal comes as Credit Suisse races to firm up asset sales that could limit the cash it needs from investors with just days to go before the bank unveils an overhaul. read moreThe Swiss bank's securitised products business from its investment bank is also up for sale, and it has launched a process that could include selling its U.S. asset management arm, a source told Reuters. Register now for FREE unlimited access to Reuters.com RegisterNegotiations on divestments will likely take until the last minute before the revamp is announced along with third-quarter results on Oct. 27. ($1 = 1.0239 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields and Noele IllienOur Standards: The Thomson Reuters Trust Principles.
Credit Suisse sells stake in EIP venture to management
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, Oct 21 (Reuters) - Credit Suisse (CSGN.S) has sold its 30% stake in Energy Infrastructure Partners to EIP's managing partners, EIP said on Friday without giving any financial details. Energy Infrastructure Partners is a Swiss-based manager of large-scale renewables and energy assets. It said Credit Suisse will remain an important partner through vehicles serving Swiss pension funds. Credit Suisse earlier placed an 8.6% stake in Allfunds Group (ALLFG.AS) via an accelerated bookbuilding offering that raised 334 million euros ($326.2 million). Register now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Laura Mae Martin has been at Google for 12 years and created her own role, productivity advisor. I also started a weekly employee newsletter for productivity tips, which more than one-third of Google employees now subscribe to. I work with Google executives and run the Productivity@Google program to help all employees stay productive, even when our surroundings make it difficult. Naturally, as the productivity advisor for Google, I use Google Workspace apps like Gmail, Google Chat, and Google Calendar more to connect with the right people. With the return to the office, I love that I can set my working locations and hours in Google Calendar so that my teammates know where and when I'm working.
Total: 19