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fortune.com 18hours ago

Sometimes You Don't Need Deep Learning: Eye On A.i.

Ibrahim Gokcen, the digital chief technology officer for industrial giant Schneider Electric, has some words of caution about deep learning—the latest craze in artificial intelligence. Sometimes, conventional data crunching works just fine. All of the technology sold by Schneider that warns corporate customers when their industrial equipment may fail uses basic analytics or statistical analysis to make predictions. Although the software incorporates machine learning, it doesn't use deep learning, a technology that has led to breakthroughs in image and language translation.
Read by 54% of LPs

firstpost.com 15 minutes ago

Ams Clear To Make Takeover Bid For Osram In Potential Bidding War

By Jorn Poltz MUNICH (Reuters) - Austrian sensor maker AMS will go ahead with a takeover bid for Osram that values the German lighting group at 4.3 billion euros ($4.8 billion), it said on Wednesday, setting the stage for a potential bidding war. Osram said it had waived an agreement that so far has prevented AMS from making a bid to rival that of private equity investors Bain Capital and Carlyle , confirming an earlier Reuters story that had pushed Osram shares to a five-month high.
Read by 70% of LPs

reuters.com 45 minutes ago

Ams Clear To Make Takeover Bid For Osram In Potential Bidding War

* Osram shares at five month-high (Recasts with official confirmation from Osram, AMS): MUNICH (Reuters) - Austrian sensor maker AMS (AMS.VI) will go ahead with a takeover bid for Osram (OSRn.DE) that values the German lighting group at 4.3 billion euros ($4.8 billion), it said on Wednesday, setting the stage for a potential bidding war. Osram said it had waived an agreement that so far has prevented AMS from making a bid to rival that of private equity investors Bain Capital and Carlyle (CG.O), confirming an earlier Reuters story that had pushed Osram shares to a five-month high.
Read by 42% of LPs

benzinga.com 45 minutes ago

Arbor Announces The Appointment Of Danny Van Der Reis To Executive Vice President, Structured Asset Management

UNIONDALE, N.Y., Aug. 21, 2019 /PRNewswire/ -- Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare and other diverse commercial real estate assets, is pleased to announce the appointment of Danny van der Reis as Executive Vice President, Structured Asset Management. Mr. van der Reis will be responsible for managing the structured asset management department and loan restructurings for all of Arbor's balance sheet loans and strategically developing and expanding the company's special servicing function.
Read by 43% of LPs

reuters.com 45 minutes ago

U.s. Regulator Votes To Propose New Guidelines On Shareholder Advisers

The U.S. Securities and Exchange Commission on Wednesday issued new guidance that aims to clarify how investors and advisory firms that cast ballots on their behalf should vote in corporate elections on issues like pay and diversity.
Read by 56% of LPs

reuters.com 1 hour, 25 minutes ago

Hedge Fund Manager Kyle Bass Sees 'shallow Recession' Potentially In 2020: Cnbc

(Reuters) - Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a "shallow recession" potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates all the way down to zero. "We're the only country that has an integer in front of our bond yields. We have 90% of the world's investment-grade debt. We actually have rule of law and we have a decent economy. All the money is going to come here," Bass, founder and chief investment officer at Hayman Capital Management, said in the interview cnb.cx/2ZeVfcr.
Read by 77% of LPs

mining.com 1 hour, 45 minutes ago

Stans Energy Awarded $24M In Arbitration With Kyrgyz Republic - Mining.com

Case revolved around the company's revoked mining license for a past-producing rare earth mine, which the junior acquired in 2009, as well as the rights to a nearby property.
Read by 75% of LPs

mining.com 1 hour, 45 minutes ago

South32's South African Coal Assets Sold To Seriti Resources - Mining.com

South32, which spun out of BHP in 2015, has been trying to sell its South African thermal coal operations for almost a year.
Read by 66% of LPs

pehub.com 1 hour, 45 minutes ago

Vc-backed Venatorx Beefs Up Team With Three New Hires

Malvern, Pennsylvania-based VenatoRx, a pharmaceutical company focused on developing novel anti-infectives to treat multi-drug-resistant bacterial infections and hard-to-treat viral infections, has expanded its [...]
Read by 48% of LPs

cpexecutive.com 1 hour, 45 minutes ago

Nike Jumps Into Phoenix With $70M Acquisition

The 2018-built industrial asset contains more than 900,000 square feet of Class A space. : A joint venture between Lincoln Property Co. and Goldman Sachs has sold Lincoln Logistics 40, a 901,700-square-foot Class A industrial building outside of Phoenix, to Nike in a $69.8 million all-cash transaction, according to Yardi Matrix. The sports apparel giant plans to manufacture products in the space, which will employ some 500 employees according to BREW. Lincoln Logistics 40 broke ground in December 2017, shortly after Lincoln Property Co. purchased the 50-acre development site from EJM Development Co.
Read by 63% of LPs

barrons.com 1 hour, 45 minutes ago

Ranking The Most Aggressive Private-equity Deal Sponsors - Barron's

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/ranking-the-most-aggressive-private-equity-deal-sponsors-51566414643 The results are in: Vista Equity Partners is the most aggressive private-equity deal sponsor, according to a measure by Xtract Research. Of the sponsors that brought at least four loans to market over the past 18 months, Vista had the worst average covenant score, at 2.2, Xtract found. The next worst was Warburg Pincus, at 2.8, and then Hellman & Friedman, at 2.9.
Read by 80% of LPs