Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Paramount Group, Inc. to Rithm Capital Corp, focusing on whether the offered price of $6.60 per share adequately reflects the company's value and the process leading to this transaction [1]. Group 1: Proposed Sale Details - Shareholders of Paramount Group, Inc. will receive $6.60 in cash for each share they own under the proposed transaction [1]. - The investigation aims to assess the adequacy of the consideration and the process that led to the proposed sale [1]. Group 2: Legal Rights and Contact Information - Investors who believe the transaction undervalues the company can contact Kahn Swick & Foti, LLC to discuss their legal rights without obligation [2]. - Contact details for Kahn Swick & Foti, LLC include email and a toll-free phone number for inquiries [2].

Core Viewpoint - The former Attorney General of Louisiana, Charles C. Foti, Jr., and Kahn Swick & Foti, LLC are investigating the proposed sale of Berry Corporation to California Resources Corporation to assess the adequacy of the price and process involved in the transaction [1]. Summary by Relevant Sections Proposed Transaction Details - Under the terms of the proposed transaction, shareholders of Berry Corporation will receive 0.0718 shares of California Resources Corporation for each share of Berry they own [1]. Investigation Purpose - Kahn Swick & Foti, LLC aims to determine whether the consideration offered to Berry shareholders is adequate or if it undervalues the company [1]. Contact Information - Interested parties can contact Kahn Swick & Foti, LLC for discussions regarding their legal rights related to the proposed sale [2].

LIVE: Singapore’s Ravi Menon and Apollo’s Marc Rowan discuss building a financial system fit for climate goals at the Bloomberg #NewEconomyForum.Follow the latest, news and updates here: https://t.co/X37fBBfZBp https://t.co/A9Yf0qS3bg ...

Summary of Moody's Conference Call Company Overview - **Company**: Moody's Corporation (NYSE: MCO) - **Event**: Info Services Track of the Ultimate Service Investor Conference - **Date**: November 18, 2025 Key Points Industry Insights - **M&A Activity**: There has been a significant increase in M&A activity in the second half of the year, contrary to initial expectations. This includes both strategic and sponsor-backed M&A, which positively impacts issuance volumes [7][10] - **Economic Growth**: Economic growth has slowed but remains better than market expectations, contributing to a favorable environment for debt issuance [7][8] - **Default Rates**: Default rates are slightly above long-term averages but have been decreasing, which is conducive for issuance [8] - **Issuance Trends**: The strongest issuance has been in the corporate segment, particularly in investment-grade and leveraged finance [8] Financial Performance - **Revenue Growth**: Moody's anticipates medium-term organic revenue growth targets of high single digits to low double digits, with a focus on areas with strong growth potential [18][19] - **Refinancing Needs**: A significant amount of debt issued over the past five years will need refinancing, which supports future issuance [11][12] AI and Technology - **AI Opportunities**: The company views AI as a significant opportunity to monetize proprietary data and analytics, enhancing customer engagement and expanding use cases [20][21][26] - **Digital Fulfillment**: Moody's is developing a digital fulfillment model to better serve customers and monetize content across various platforms [30][31] Market Dynamics - **Investor Sentiment**: There is growing interest among investors regarding the credit quality of private credit funds, indicating a shift in focus towards understanding credit risk [48][59] - **Partnership with MSCI**: The collaboration aims to provide Moody's modeled credit ratings to investors in private credit, enhancing their understanding of credit risk [49][50] Challenges and Considerations - **Two-Speed Economy**: The U.S. economy is experiencing a two-speed dynamic, with disparities in growth across different sectors, particularly between the AI-driven economy and traditional sectors [15] - **Structured Finance Outlook**: There has been a modest reduction in the outlook for structured finance and public category issuance, attributed to slower growth in consumer finance [14][15] Strategic Focus - **Investment Areas**: Moody's plans to invest in segments with the strongest growth potential, including banking, lending, and insurance [19][38] - **Proprietary Data Utilization**: The company emphasizes the value of its proprietary data in various applications, including risk assessment and credit modeling [37][40] Conclusion - Moody's is positioned to leverage its proprietary data and analytics capabilities to navigate the evolving market landscape, particularly in the context of increasing M&A activity and the integration of AI technologies. The focus on understanding credit risk in private credit markets presents a significant opportunity for growth and engagement with investors [58][59]

Core Viewpoint - There is speculation in the market regarding a potential buyout of WPP, as evidenced by a significant increase in its stock price, which rose nearly 7% amid reports of interest from potential buyers [1][2]. Group 1: Buyout Speculation - Reports indicate that at least one suitor has engaged in discussions with WPP management about acquiring a major stake in the company [2]. - Havas, a France-based competitor, is believed to have held talks regarding a potential deal, with private equity firms Apollo and KKR also showing interest [3]. - Despite the interest, sources suggest that these discussions may not lead to an actual buyout of WPP [3]. Group 2: Market Reaction - Following the buyout speculation, WPP's stock closed at $20.28, reflecting a 7.02% increase, contrasting with the S&P 500 index's 0.9% decline [1][4]. - The company's market capitalization stands at $4 billion, with a trading range for the day between $19.85 and $21.36 [5]. Group 3: Denial of Interest - Havas CEO Yannick Bolloré publicly denied any pursuit of WPP, clarifying that the company is not in discussions regarding a buyout [5][6]. - An internal email from Bolloré emphasized the company's policy of not commenting on market rumors, but aimed to clarify the situation due to increased media coverage [6]. Group 4: Company Challenges - WPP has faced various challenges over the years, which may affect its valuation in the event of a buyout, potentially leading to a lower premium price for acquirers [6].

Apollo reinvented how Wall Street handles pensions. On today’s Big Take podcast, @a_rajbhandari and @Tschoenberg22 explain how a once-mundane corner of finance became one of Wall Street's hottest trades — and what it means for retirees. https://t.co/VReddE9P6d ...

Industry Trend - Apollo reinvented how Wall Street handles pensions [1] - A once-mundane corner of finance became one of Wall Street's hottest trades [1] Impact on Stakeholders - The trend has implications for retirees [1]

Industry Trend - Private equity firms are increasingly involved in the life insurance and annuity sectors, managing trillions of dollars of American savings [1] - These firms are shifting investments towards complex and private markets, including subsidiaries in Bermuda and the Cayman Islands [1] Investment Strategy - Wall Street firms claim to enhance insurer investment strategies to meet obligations and offer higher returns [1] - Concerns arise regarding the use of offshore reinsurers, opaque accounting, and private market investments, which may mask underlying vulnerabilities [1] Risk and Challenges - A Pennsylvania steelworkers group filed a lawsuit to protect their retirement funds from being managed by a private equity-owned entity [1] - The collapse of PHL Variable, a life insurer, could result in a $2.2 billion shortfall, potentially impacting policyholder payouts [1] - Industry experts caution that hidden fragilities could lead to cash shortages, fire sales, or failures if a significant economic downturn occurs [1]

RT Bloomberg (@business)Apollo’s widely copied playbook is shepherding billions to Bermuda affiliates, losing US guarantees https://t.co/q10gjiCXOY ...

Apollo led Wall Street into the life insurance business. Now more American nest eggs are in complex markets with less protection.Read the first part of Bloomberg’s series on Wall Street’s insurance takeover ⬇️ https://t.co/wtedp7uOdO ...