Investing and Global Finance News

Category Archives: Company Focus

Moody’s: Security, Partnerships and Transactions

Moody’s – the service company offering globalized fiscal research counsel on government and commercial bonds – has been in operation for over a century. Since then it has gained a reputation as a trusted entity in the economic and fiscal industries, with a particular focus on the power of how it influences international markets.

As such, Moody’s has to constantly be on top of its security and has just recently committed to spending hundreds of millions of dollars to enhance the way it evaluates these risks faced by America’s largest corporations. This move was interestingly made at the same time as Biden’s urging of firms to increase software security transparency.

Moody’s is also engaging in a new partnership with BitSight (in which it is investing $250 million).  This transaction will result in the acquisition by Bitsight of VisibleRisk, the venture established by Team8 and Moody’s.

Moody’s has also just acquired RMS, a risk management firm helping companies bolster their resilience and make enhanced business planning decisions through the operation of climate change analytics. The transaction – which was originally announced at the beginning of last month, Moody’s forked out around $2bn for the acquisition of RMS from The Daily Mail and General Trust.

Checkers and Rally’s Restaurants

When the pandemic began in 2020, restaurants were in the industry most hardest hit from beginning to end.  Some of them shuttered immediately, others tried to weather the storm but then there was a third category that managed to make lemonade out of lemons.  They were the ones who were able to turn their entire… Continue Reading

Wheat Flour Markets

North America’s Wheat Flour Market: C.H. Guenther & Son C.H. Guenther & Son – a company that was established in 1851 in Texas, today has over 3,500 staff spanning 24 locations throughout America, Canada and Western Europe.  It was originally started with Carl Hilmar Guenther building a flour mill near Fredericksburg, TX but eight years… Continue Reading

Rosalind Brewer Becomes 20th Black CEO in America

Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading

Broadway Ticketing Reworked by NY-based Company

Broadway Ticketing Reworked by NY-based Company

Jujamcyn, the company responsible for the operations of five Broadway theaters, has signed a deal with New York-based SeatGeek. Many theater and performance spots are planning ahead for post-COVID reopenings. For Jujamycn, part of its new strategy included a major rework of its ticketing system. SeatGeek, a well-known sports industry player, is using its contract… Continue Reading

Funding Boost for NY Security Company

The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading

Plexi-Craft: A New York Business in Demand

Plexi-Craft used to be a simple, swanky, high-end, Bronx-based furniture factory. Now it is one of the country’s most sought after businesses. The 60-year-old company has a long history of acrylic resin skills, designing trendy, clear plastic chairs, tables, cabinets, and more. And as the world scrambles to resume some sense of normalcy alongside the… Continue Reading

Supporting Local Businesses This Holiday Season

There is nothing typical about the 2020 holiday season. Celebrations have been curtailed, guest lists have been tightened, and shopping options have been limited. New Yorkers, however, ever resilient and resourceful, are finding ways to keep the holiday spirit alive and support local entrepreneurs and businesses in the process. Primarily organized on social media, these… Continue Reading