Barclays

Barclays appoints Alishba Ali as UK Head of Consumer and TMT Coverage, International Corporate Banking

Retrieved on: 
Tuesday, December 5, 2023
Banking, Professional Services, Finance, Bank, Commercial, Consumer, Business International Corporation, BofA Securities, JPMorgan Chase, TMT, Treasury, Growth, Bank of America, Cryptocurrency, Barclays

Barclays has announced the appointment of Alishba Ali as Managing Director, UK Head of Consumer and Technology, Media and Telecoms (TMT) in its International Corporate Banking business.

Key Points: 
  • Barclays has announced the appointment of Alishba Ali as Managing Director, UK Head of Consumer and Technology, Media and Telecoms (TMT) in its International Corporate Banking business.
  • Alishba joins from JP Morgan Chase where she was Managing Director, Head of EMEA Payments for Mid-Cap Corporates.
  • In her most recent role with JP Morgan Chase, Alishba helped build out the Commercial Banking international expansion strategy.
  • Philip Bowkley, Head of International Corporate Banking at Barclays, said: “We’re delighted to welcome Alishba to Barclays.

Supermicro Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Friday, December 1, 2023
Software, Internet, Environment, Hardware, Artificial Intelligence, Data Management, Technology, Green Technology, Sale, Wells Fargo, Telephone, Attention, Security (finance), Form, Investment, BMO Capital Markets, Needham & Company, Form S-3, Goldman Sachs, Prospectus, BofA Securities, TEL, Supermicro, UBS, KeyBank, Broadridge Financial Solutions, Barclays

Super Micro Computer, Inc. (“Supermicro” or the “Company”) (Nasdaq: SMCI), today announced the pricing of its previously announced underwritten public offering of 2,100,700 shares of its common stock, which includes 100,700 shares offered by certain selling stockholders, at a public offering price of $262.00 per share.

Key Points: 
  • Super Micro Computer, Inc. (“Supermicro” or the “Company”) (Nasdaq: SMCI), today announced the pricing of its previously announced underwritten public offering of 2,100,700 shares of its common stock, which includes 100,700 shares offered by certain selling stockholders, at a public offering price of $262.00 per share.
  • Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 315,105 shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds to Supermicro are expected to be $524 million before deducting underwriting discounts, commissions and estimated offering expenses, and assuming no exercise of the underwriters’ option to purchase additional shares.
  • The offering is expected to close on or about December 5, 2023, subject to customary closing conditions.

Ford Provides Guidance for Full-Year 2023 Operating Results; CFO Lawler Today Will Reiterate Ford+ is ‘Right Strategy to Win’

Retrieved on: 
Thursday, November 30, 2023
EV, Electric Vehicles, Automotive, General Automotive, Engineering, Automotive Manufacturing, Manufacturing, Other Automotive, Performance & Special Interest, Off-Road Trucks & SUVs, Ford, EBIT, Ford Models, Ford Motor Company, Tax, UAW, Element, SUV, Conference, Software, Barclays, Growth, Life, Insurance, Video game

Those are the primary messages that Ford CFO John Lawler will deliver in remarks this morning at the Barclays Global Automotive and Mobility Tech Conference .

Key Points: 
  • Those are the primary messages that Ford CFO John Lawler will deliver in remarks this morning at the Barclays Global Automotive and Mobility Tech Conference .
  • Ford withdrew 2023 financial guidance in late October during the UAW strike of certain U.S. operations.
  • Lawler will say that Ford now anticipates full-year 2023 adjusted earnings before interest and taxes of $10.0 billion to $10.5 billion.
  • Ford plans to report fourth-quarter and full-year 2023 financial results – and provide initial guidance about its financial expectations for full-year 2024 – after the close of business on Tuesday, Feb. 6.

KKR to Acquire Remaining 37% of Global Atlantic for $2.7 Billion in All-Cash Transaction

Retrieved on: 
Wednesday, November 29, 2023
Professional Services, Other Professional Services, Data Analytics, Insurance, Finance, Asset Management, Consulting, Webcast, NYSE, Risk management, Jardine Strategic Holdings, Bae, Investment, Simpson Thacher & Bartlett, KKR, Optimism, Multimedia, Culture, DeBevoise, Partnership, Barclays, Total, EST, Growth, Martha Plimpton, Airline, Bank, Hong Kong

KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced a definitive agreement under which KKR will acquire the remaining 37% stake of leading insurance company Global Atlantic, increasing KKR’s ownership to 100%.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced a definitive agreement under which KKR will acquire the remaining 37% stake of leading insurance company Global Atlantic, increasing KKR’s ownership to 100%.
  • Global Atlantic’s assets under management have grown significantly, up from $72 billion in 2020 to $158 billion today.
  • Global Atlantic management is expected to exchange a majority of its Global Atlantic equity interests for KKR equity.
  • KKR also announced a series of other Strategic Initiatives that are contingent on the closing of the Global Atlantic transaction.

QDOBA Completes Whole Business Securitization, Providing Additional Liquidity to Supercharge Growth

Retrieved on: 
Wednesday, November 29, 2023
Retail, Restaurant, Bar, Food, Beverage, Growth, Qdoba, SONIC, Butterfly, LLP, Kirkland & Ellis, Barclays

QDOBA Restaurant Corporation (“QDOBA”), the leading fast-casual Mexican restaurant franchisor and portfolio company of Butterfly Equity (“Butterfly”), today announced the closing of its inaugural $305 million whole business securitization through Qdoba Funding LLC.

Key Points: 
  • QDOBA Restaurant Corporation (“QDOBA”), the leading fast-casual Mexican restaurant franchisor and portfolio company of Butterfly Equity (“Butterfly”), today announced the closing of its inaugural $305 million whole business securitization through Qdoba Funding LLC.
  • The transaction optimizes QDOBA’s capital structure for ongoing growth and provides meaningful interest expense savings.
  • Despite industry headwinds, QDOBA was also able to achieve 6% positive systemwide same store sales growth in fiscal year 2023, ending October 1st.
  • “Under Butterfly's ownership, QDOBA has continued to accelerate and emerge as the leading Mexican franchisor uniquely suited for this transaction,” stated Francesco D’Arcangelo, Principal at Butterfly.

Presenting Companies Announced for the 2024 ICR Conference

Retrieved on: 
Tuesday, November 28, 2023
Other Professional Services, Business, Finance, Consulting, Media, Asset Management, Professional Services, Other Communications, Public Relations, Investor Relations, Marketing, Digital Marketing, Advertising, Communications, Content Marketing, The Ritz-Carlton Hotel Company, RSM US, Ropes & Gray, TD Securities, UBS, Citigroup, HSBC, BMO, LLP, Weil, Gotshal & Manges, Vinson & Elkins, JPMorgan Chase, Morgan Stanley, Goldman Sachs, Truist, Canaccord Genuity, Oppenheimer Holdings, Conference, BofA Securities, Barclays, Deutsche Bank, Privately held company, Stephens Inc., Hearing, Wells Fargo, RBC, Kirkland & Ellis, KeyBank, ICR, Stifel, JW Marriott Hotels

ICR , a leading strategic communications and advisory firm, today announced its preliminary list of presenting companies for the 26th ICR Conference , one of the largest growth company investment conferences of the year.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, today announced its preliminary list of presenting companies for the 26th ICR Conference , one of the largest growth company investment conferences of the year.
  • “The 2024 ICR Conference will feature another excellent lineup of innovative growth companies at the forefront of their industries,” said Tom Ryan, Chief Executive Officer, ICR.
  • “We are looking forward to hearing from public and private company management teams who will share their views and insights for driving growth and value creation in the year ahead and beyond.”
    To view the preliminary list of presenting companies at the 2024 ICR Conference, please visit: ICR Conference 2024 Presenting Companies
    ICR previously announced that its initial sponsors in 2024 will include Baird, Barclays, BMO, BofA Securities, Canaccord Genuity, Citi, D.A.
  • To request an invitation to attend or present at the 2024 ICR Conference, please visit https://icrconference.com/contact/request-invitation/ .

Flexera Enters Into Definitive Agreement to Acquire Snow Software, Broadening Its Portfolio for Technology Value Optimization

Retrieved on: 
Tuesday, November 28, 2023
Technology, Mobile, Wireless, Security, Other Technology, Software, Networks, Internet, Hardware, Data Management, Acquisition, Technology intelligence, Organization, Goldman Sachs, Jefferies Group, ITAM, Barclays, UBS, Data center management, Life, Gartner, Retail, Snow

Flexera and Snow Software today announced a definitive agreement under which Flexera intends to acquire Snow.

Key Points: 
  • Flexera and Snow Software today announced a definitive agreement under which Flexera intends to acquire Snow.
  • Flexera and Snow will offer an expanded global footprint, a powerful strategic partner network and expanded IT Asset Management (ITAM), SaaS Management and FinOps capabilities.
  • “Flexera and Snow each have different centers of gravity in different subsegments in a broad and dynamic space,” noted Ryan.
  • The world-class partner network, innovative technology, excellent customer base and talented employees of Snow provide great value to the marketplace.

Rocket Software to Acquire OpenText’s Application Modernization and Connectivity Business

Retrieved on: 
Tuesday, November 28, 2023
Software, Networks, Internet, Artificial Intelligence, Data Management, Technology, Apps, Applications, Other Technology, Acquisition, UBS, Organization, Kirkland & Ellis, Rocket Software, OpenText, Deutsche Bank, Micro Focus, COBOL, Connectivity, Ernst & Young, SMBC Nikko Securities, RBC Capital Markets, Citigroup Global Markets Japan, Growth, Mizuho Securities, Barclays, TSX, AMC, Video game, Fine chemical

Rocket Software , Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText (NASDAQ: OTEX ), (TSX: OTEX), which was formerly part of Micro Focus.

Key Points: 
  • Rocket Software , Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText (NASDAQ: OTEX ), (TSX: OTEX), which was formerly part of Micro Focus.
  • For decades, Rocket Software has been the partner solving complex IT challenges for the largest and most innovative organizations, across infrastructure, data, and applications.
  • AMC has been a leader in application modernization for many years, providing industry-leading tools including COBOL and host connectivity.
  • With AMC, Rocket Software will have a more diverse modernization portfolio that aligns with customer demands, whether on-premises or through a hybrid cloud strategy.

BCS; BCLYF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Barclays PLC Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Monday, November 20, 2023
Class Action Lawsuit, Professional Services, Legal, NYSE, Court, OTC, Complaint, Person, BCS, Security (finance), Barclays

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Barclays PLC (“Barclays” or “the Company”) (NYSE: BCS) (OTC: BCLYF) and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Barclays PLC (“Barclays” or “the Company”) (NYSE: BCS) (OTC: BCLYF) and certain of its officers.
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/bcs .
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.