Due

OCTOBER 23, 2024

A Venezuelan television news network owner has been charged by a federal grand jury in the Southern District of Florida for his role in a $1.2 billion scheme to launder funds. The indictment was unsealed after evidence was presented in the Florida courthouse showing that the laundered funds were allegedly corruptly obtained from Venezuela’s state-owned and state-controlled energy company, Petróleos de Venezuela S.A.

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Grit

OCTOBER 23, 2024

To build customer loyalty, you should focus on your product recommendation emails. These emails give you a chance to connect with your customers on a deeper level and show that you’ve been paying attention to their tastes and shopping habits. But you’ve to think outside the box rather than just sending out random mail with a boring “Products recommended for you” subject line.

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OCTOBER 23, 2024

Department of Labor’s Wage and Hour division has recovered over $1 billion in back wages and damages since 2021. The Department of Labor announced the news as part of a wider release centered on the federal branch’s effort to enforce the legal statutes for United States workers. “The Wage and Hour Division has recovered more than $1 billion in back wages and damages—achieving both justice and economic relief for more than 615,000 workers,” said Acting Secretary of Labor Julie Su.

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Credit Tools

OCTOBER 23, 2024

How can a key performance indicator, the best known and most followed, change radically thanks to technology? How can it be more readable, more understandable and more relevant? Find our tutorial on.

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DSO 52

Due

OCTOBER 23, 2024

Having a break-in occur at your business can be an unsettling experience. Knowing that your business premises can be breached —at any moment—leaving personnel, equipment, and inventory vulnerable is a distressing thought that can disrupt your daily operations and leave you feeling out of control. Commercial crime has become a major problem for business owners.

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Small Businesses 52

Reorg Blog

OCTOBER 23, 2024

The post Primary Analysis: Lower-Than-Peer-Average Yield Expected for Almaviva 2030 SSNs Reflects Strong BB Credit Quality; Infopro, Cedacri FRNs Offer More Balanced Risk-Return Profile for Yield Seekers appeared first on Reorg.

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Reorg Blog

OCTOBER 23, 2024

Cinven is leading bids for Minsait Payments, a division of Spanish IT and defense company Indra Sistemas, with sell-side advisors Citi and AZ Capital targeting a €600 million valuation.

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Commercial Credit Group

OCTOBER 23, 2024

Business was going great, and you needed more equipment to meet demand. You financed that purchase with a loan through CCG. But now business has slowed and you’re struggling to meet your financial obligations. What do you do?

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OCTOBER 23, 2024

Private equity firms like Blackstone, Carlyle, Apollo, and KKR have long been known for driving profitability and efficiency. However, a new trend is reshaping their cost-cutting and operational improvement approach. Value acceleration services, led by emerging companies like SIB, Accenture, and Coupa, help businesses uncover millions in savings without drastic internal cuts or layoffs.

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Reorg Blog

OCTOBER 23, 2024

SLV Lighting appointed Rothschild as financial advisor to evaluate options ahead of potential covenant pressure in March next year.

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OCTOBER 23, 2024

An excellent way to achieve success is to seek guidance from those who have already achieved what you desire. However, people don’t realize how willing successful individuals are to lend a hand. Often, people avoid asking for help out of fear or insecurity. Nevertheless, many older, successful individuals enjoy sharing their wisdom and offering support.

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Bankruptcy Credit and Collections Transactions 52

GoCardless

OCTOBER 23, 2024

New data explores how and when open banking payments will hit mainstream status

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Reorg Blog

OCTOBER 23, 2024

Clayton, Dubilier & Rice has finalized a debt package of up to €7.

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Loomis Sayles Credit Research

OCTOBER 23, 2024

With less than two weeks until election day, the race between US presidential candidates Kamala Harris and Donald Trump remains too close to call. This election year has already seen its fair share of political surprises and shakeups, and markets are bracing for more. At Loomis Sayles, we are not political pundits but we do follow elections closely, particularly the candidates’ policy agendas.

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Deductions Small Businesses 60