… Read More
BOSTON (Reuters) – Investment firm PrimeStone is pressing medical device maker LivaNova PLC LIVN.O to consider strategic options including selling parts of its business, refreshing its board and hiring a new finance chief, saying such steps could double its share price.
London-based PrimeStone said that years of underperformance required a new strategic direction and that the company should divest its Cardiopulmonary business, sell or close its Heart Valves business, and consider appointing a new board chairman and hiring a new chief financial officer, according to a letter the investment firm is sending to LivaNova’s board on Monday.
PrimeStone said in the letter, which was seen by Reuters, that LivaNova’s share price could “more than double to $100”, adding: “However, to get there, several changes need to take place.”
The investment firm is urging the company to focus on its Neuromodulation unit.
LivaNova did not immediately respond to a request for
… Read More
When it comes to pitching, the odds often seem stacked against startups. Investors reportedly look at pitch decks for only 3 minutes and 44 seconds, and for every 1,000 pitches an investor hears, they only fund 100 companies. But investors aren’t in short supply, so there has to be another reason why the window of opportunity is so slim. What if the problem is how founders are telling their startup story?
© Maskot | Getty Images
Think back to when you were a kid. What were the stories that engaged you most? Had you sat upright on your bed, wide eyed, and pleading for your parents to keep reading? Probably the ones that had a strong main character, a detailed background, and were just short enough to get your full attention. In many ways, the best investor pitches have the same traits.
Here’s how to create the perfect
… Read More
GENEVA–(BUSINESS WIRE)–Oct 12, 2020–
Temenos (SIX: TEMN), the banking software company, today announced that FlowBank has selected Temenos Transact delivered as SaaS to power its new digital bank in Switzerland. Temenos Transact core banking technology will enable FlowBank to rapidly launch and offer a new investing experience to private and institutional investors in Switzerland and internationally.
FlowBank has recently secured its banking license in July 2020 and is planning to launch the operations by the end of 2020. The bank aims to meet the needs of both sophisticated and new investors, who wish to manage their banking and investments on their own. The bank addresses this growing market segment by offering a simple, reliable investment experience open to all, using an optimized trading platform underpinned by Temenos Transact. The bank is FINMA-regulated and deposits are guaranteed up to CHF 100,000.
With Temenos SaaS, FlowBank will create a hyper-efficient cost model
… Read More
The MarketWatch News Department was not involved in the creation of this content.
New York, New York, Sep 28, 2020 (Newsfile Corp via COMTEX) —
New York, New York–(Newsfile Corp. – September 28, 2020) – Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LexinFintech Holdings Ltd. (NASDAQ: LX): (i) pursuant and/or traceable to LexinFintech’s initial public offering (“IPO”) conducted on or about December 21, 2017; and/or (ii) between December 21, 2017 and August 24, 2020,inclusive (the “Class Period”) of the important November 9, 2020 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for LexinFintech investors under the federal securities laws.
To join the LexinFintech class action, go to http://www.rosenlegal.com/cases-register-1936.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action.
According to the
… Read More
- Paul Palmieri, the former founder of mobile adtech company Millennial Media and VC firm Grit Capital, just raised $3.3 million in seed round funding for his latest venture, Tradeswell.
- Tradeswell is an e-commerce trading platform that says it integrates all of a brand’s e-commerce channels, and consolidates marketing, retail, inventory, logistics, forecasting, lifetime value, and financials across these channels in one platform.
- The company says it can help traditional and DTC brands save millions of dollars in outsourced contracts and tap into the booming e-commerce market.
- Visit Business Insider’s homepage for more stories.
After adtech and venture capital, media vet Paul Palmieri is taking on e-commerce.
The former founder of mobile ad tech company Millennial Media and VC firm Grit Capital just raised $3.3 million in seed round funding for his latest venture, Tradeswell, from Signalfire and Construct Capital— a real-time e-commerce trading platform that he calls “the Bloomberg terminal