Marvell Technology: Fiscal 4Q26 and FY26 Financial Results
Marvell Technology reported record fiscal 2026 results, posting $8.195 billion in net revenue, a 42 percent year‑over‑year increase, and a Q4 revenue record of $2.219 billion. GAAP earnings per share rose to $3.07, up 81 percent, while non‑GAAP EPS reached $2.84. The growth was driven by strong AI‑related demand in data‑center applications. The company forecast fiscal 2027 Q1 revenue of about $2.4 billion, reflecting continued momentum and recent acquisitions.
Weekly Roundup: March 13-19, 2026
The Harvard Law School Forum’s March 13‑19 roundup highlights a wave of governance developments, from SEC Chair Paul Atkins’ push for modernized disclosure rules to Delaware Supreme Court rulings affirming SB21 safe‑harbor provisions and ADR guidance for earnout disputes. Articles...
The Law of Basis Divergence: The Mechanics of Large-Cap Deleveraging
Large‑cap institutions are quietly deleveraging by selling core positions while spot indices rise, creating a "basis divergence" where spot and futures move in opposite directions. The March 20, 2026 KOSPI case showed spot gains (+0.31 %) alongside futures losses (‑0.07 %) as foreign investors...
SEC Targets Auditing ‘Bad Actors’ With New Enforcement Team
The U.S. Securities and Exchange Commission announced a new enforcement unit, dubbed the “SOX Group,” to pursue misconduct among auditors. The move follows a recent budget reduction for the independent board that traditionally monitors audit quality. A federal job posting...
From the Microsoft Dynamics 365 Business Central Blogs: Audit Permissions; Payables Agent; Approval Workflows; API Pages vs API Queries
Microsoft Dynamics 365 Business Central version 28 introduces a Permissions Overview page, giving administrators a single pane to audit and manage user and group rights across all apps and extensions. The same release also launches an AI‑driven Payables Agent that captures invoices...
The Coca-Cola Company (KO): Our Calculation of Intrinsic Value
Analysts applied a discounted cash flow model to The Coca‑Cola Company, estimating an intrinsic share value of roughly $18‑19. The model uses an 8% discount rate, 2.5% terminal growth, and projects free cash flow reaching $6.7 billion by 2029, yielding a...
Blue Water Acquisition Corp. IV (BWIV.U) Prices $125M IPO
Blue Water Acquisition Corp. IV priced its $125 million initial public offering and will begin trading on the NYSE under the ticker BWIV.U on March 20, 2026. The SPAC’s mandate is to seek a target in the biotechnology, healthcare, or technology sectors. Led...
AuditBoard Unveils New Identy, ‘Optro,’ as AI Transforms GRC
AuditBoard announced it has rebranded as Optro, positioning the company as an AI‑powered governance, risk, and compliance (GRC) platform. The new identity highlights a shift toward proactive, agentic AI that offers continuous risk foresight across audit, risk, infosec, and compliance...
SOFR Path Change Relative to 2/27
The Atlanta Federal Reserve’s Market Probability Tracker released a revised three‑month average SOFR outlook covering June 2026 through December 2028. The new projection lifts the expected rate path relative to the February 27 forecast, placing the current target range at 350‑375 basis points....
Six Critical Dimensions for Auditing IRRBB Models in Banking
In the post‑Basel III era, interest‑rate risk in the banking book (IRRBB) has become a primary source of earnings and capital volatility for banks. The Basel framework mandates independent audit of IRRBB measurement processes, placing internal audit as the third line...
Pigment Co-CEO Eléonore Crespo Wants to Give CFOs Superpowers
Pigment, the Paris‑born AI‑driven business planning platform, is transforming legacy spreadsheet‑based finance with AI agents that automate modeling, analysis, and planning. Co‑CEOs Eléonore Crespo and Romain Niccoli have raised nearly $400 million, driving the company toward $100 million in annual recurring revenue...
How Quality Management Assures Value and Builds Trust for Internal Audit
Chief audit executives now face heightened board expectations for assurance that delivers strategic clarity. The Global Internal Audit Standards mandate a Quality Assurance and Improvement Program, yet fewer than half of CAEs trust their current QAIP to boost audit quality....
IIA Calls on Congress to Modernize SOX Act
The Institute of Internal Auditors (IIA) has issued a policy paper urging Congress to modernize the Sarbanes‑Oxley Act. It recommends formally defining internal audit within the law, updating compliance expectations for Sections 302 and 404, and strengthening coordination between internal...
10-Year TIPS Reopening Gets Real Yield of 1.896%
The Treasury announced a reopening of the 10‑year TIPS auction, delivering a real yield of 1.896%. The yield jumped noticeably, signaling heightened market sensitivity ahead of the weekend. Investors appeared reluctant to hold positions, prompting some traders to sit out...
The Record Date Myth: Why Most Investors Miss Out on Spin-Offs for No Reason
Investors often believe the spin‑off record date is the final deadline to secure shares of the new entity. In reality, shareholders can purchase the parent company up to the day before the spun‑off’s regular‑way trading begins and still receive the...
US Regulatory Fines Plummet in 2025
US federal regulatory penalties plunged 83% in 2025, falling to $654 million in the second half after a $4 billion first‑half peak, while the number of violations stayed roughly steady. Wolters Kluwer warns that weaker deterrence shifts risk toward fragmented state enforcement and...
Rollover Equity: A Business Owner’s Guide to Negotiating Terms and Maximizing Exit Outcomes
Rollover equity lets sellers reinvest part of their sale proceeds into the acquiring entity, giving them a minority stake and a potential "second bite of the apple" when the business is later sold. Private equity firms use it to reduce...
Physician Financial Risk: Balancing Capacity and Tolerance
The article explains how physicians must balance financial risk by distinguishing between risk capacity—their ability to absorb setbacks—and risk tolerance—their personal comfort with uncertainty. It outlines four common physician profiles and offers targeted strategies such as debt reduction, reserve building,...
The Private Credit Crisis Is Spreading
The private credit market, long a fast‑growing source of financing for mid‑size companies, is now showing signs of a broader crisis. A fund in a previously untouched sector has begun gating redemptions as liquidity pressures mount. Credit spreads are widening,...
Moody’s and the Next Rail for Credit Data
Moody's Ratings has launched the Token Integration Engine (TIE), becoming the first major rating agency to deliver credit opinions on‑chain via a permissioned blockchain. The network‑agnostic TIE ingests Moody's existing analytical data and publishes ratings and risk insights to the...
Standard Bank Co-Arranges Bayport Mozambique’s Award-Winning Bond
Bayport Financial Services Mozambique issued a MZN 600 million dual‑tranche bond in October 2025, earning the Best Local Currency Bond – Financial Institutions award from Global Banking & Markets. Standard Bank acted as co‑arranger and bookrunner, guiding the structure and securing regulatory approvals....
The Daily Feather — Pareidolia Spells No Fed Relief
The U.S. producer price index (PPI) posted a 0.7% headline increase, with core and core‑core measures both rising 0.5%, outpacing market forecasts. The stronger‑than‑expected numbers underscore lingering inflationary pressure despite recent easing in consumer price trends. The post uses the...
Liability Management’s Limited Runway: Corporate Restructuring Today
Recent research on coercive, non‑pro rata liability management exercises (LMEs) shows they provide only a brief, fragile runway for distressed firms. Within a year, fewer than half avoid a second default, and after two years just 22 % remain out of...
Rollover Equity: Considerations for a Seller
John Jenkins highlights key considerations for sellers contemplating equity rollovers in M&A transactions. The blog stresses that call options embedded in buyer agreements can allow the acquirer to repurchase the seller’s rolled‑over stake, often at below‑market prices and over extended...
BHAV Acquisition Corp. (BHAVU) Prices $100M IPO
BHAV Acquisition Corp. priced a $100 million IPO, with units trading on Nasdaq as BHAVU on March 19, 2026. The SPAC aims to merge with a company in industrial robotics, electric vehicles, drones, or fintech. Led by CEO Giri Devanur and CFO...
New SPAC: AmperCap Acquisition Company (APMCU) Files for $125M IPO
AmperCap Acquisition Company (ticker APMCU) filed its S‑1 to launch a $125 million special purpose acquisition company IPO. The filing, submitted on March 18, 2026, positions AmperCap among the latest wave of SPACs seeking to capitalize on renewed investor appetite. The...
Emagia Unveils Gia AlphaCash to Unlock Millions in Trapped Receivables
Emagia launched Gia AlphaCash, an AI‑driven cash‑discovery superagent that pinpoints high‑value receivable accounts for faster collection. The tool ranks “Alpha Accounts” using ledger, payment and operational data, and works with the Gia Collect agent to automate outreach. Early reports claim...
Public Companies Might Remove Quarterly Reporting.
The SEC is weighing a rule that would make quarterly earnings reports optional, allowing public companies to file semi‑annual statements. Proponents argue the current 10‑K/10‑Q cycle costs an average S&P 500 firm $13.5 million annually in compliance and distracts executives from strategic...
AKUVO–Convoke Partnership: Rewiring the Collections Value Chain
AKUVO and Convoke announced a strategic partnership that merges AKUVO's AI‑driven pre‑charge‑off collections suite with Convoke's SaaS platform for post‑charge‑off recovery and third‑party oversight. The integration creates a modular, cloud‑native workflow that spans the entire delinquency lifecycle, from early digital...
The Naked Stress Test
The European Central Bank’s 2024 geopolitical‑risk reverse stress test asks banks to start with a worst‑case loss—three percentage points of their capital ratio—and work backwards to identify the geopolitical shock that could cause it. For BNP Paribas, that means roughly €20 billion...
The ASC Sale-Leaseback Opportunity
Ambulatory Surgery Center owners are increasingly using sale‑leasebacks to turn trapped building equity into cash while keeping operational control. By selling the property to an investor and signing a 10‑15‑year triple‑net lease, physicians can boost EBITDA, improve valuation multiples, and...
Are Your Anonymous Reporting Channels Hiding a Bigger Problem?
The column examines the paradox of anonymous reporting channels, highlighting their essential role in protecting whistleblowers while exposing their vulnerability to incomplete or malicious claims. It uses a real‑world dilemma—an employee receiving an anonymous allegation against a trusted colleague—to illustrate...
Law Firm Write-Offs: What Your Leakage Is Trying to Tell You
Law firms often label write‑offs as inevitable costs, but they reveal where revenue leaks occur. A recent case showed $47,000 in write‑offs in a single quarter, traced to scope creep, stale invoices, rate discomfort, and surprise bills. By categorizing write‑offs...
2025 Accounting-Related Securities Suit Filings Decreased, Settlement Value Increased
Cornerstone Research reports a sharp 40% drop in accounting‑related securities class‑action filings in 2025, falling to 34 cases, the lowest count since its 2004 tracking began. Despite fewer suits, settlement values surged 40% to roughly $1.5 billion, accounting for 51% of...
The Role of Independent Advisers in Issuer Governance and IPO Pricing
Companies planning IPOs increasingly hire independent advisers to oversee underwriting and pricing. A new working paper covering U.S. and European IPOs from 2010‑2023 finds that adviser involvement correlates with lower first‑day returns and tighter offer‑price adjustments, without affecting underwriting spreads...
Episode 399 — Vera Cherepanova on Boards of the Future
Vera Cherepanova, a Chartered Accountant and award‑winning ethics specialist, appears on Episode 399 to discuss her work with Boards of the Future, a nonprofit that advises corporate boards on ethics, risk and compliance. She highlights the growing need for directors with strong...
New SBA Citizenship Mandates Auger a Major Shift for U.S. Small Businesses
Effective March 1, 2026, the Small Business Administration tightened its 7(a) and 504 loan eligibility, requiring 100% U.S. citizenship and domestic residence for all owners. The rule eliminates the brief 5% foreign‑ownership exception and bars legal permanent residents from any...
Dow Jones Targets $1B EBITDA, Intros $7,499 Super Consumer Bundle
Dow Jones aims for $1 billion EBITDA within five years, a 70% increase from 2025, according to CEO Almar Latour. To reach the target, the company is rolling out a $7,499 “super consumer” bundle and accelerating direct‑to‑consumer products, while expanding high‑margin...
Trader Fined $1.1M on Testing, Software Snafus
TradeStation agreed to pay $1.1 million to OFAC after its sanctions‑screening tools were unintentionally disabled for nearly a year, allowing users in Iran, Syria and Crimea to execute 481 improper trades worth $4.4 million. The firm’s primary geo‑blocking firewall and a mobile‑platform...
Swarmer IPO Rises 700% Following Exec Edge Research Initiation
Drone‑tech firm Swarmer Inc. priced its IPO at $5 per share and began trading Tuesday, prompting a 700% price jump after Exec Edge Research initiated coverage. The company offers a software‑first, AI‑enabled autonomy platform for large‑scale unmanned combat, already combat‑tested...
CFTC Enforcement Director David Miller to Announce Enforcement Priorities and Discuss Insider Trading in the Prediction Markets at PCCE Event...
On March 31, 2026, CFTC Enforcement Director David Miller will announce the commission’s enforcement priorities and address insider trading risks in prediction markets at a Program on Corporate Compliance and Enforcement (PCCE) event hosted by NYU School of Law. The...
Bank Exec: Miners Must Partner with Indigenous Groups – by Joseph Quesnel (Canadian Mining Journal – March 17, 2026)
Jonathan Davey, Managing Director of Indigenous and Government Advisory at Scotiabank, told the Drumbeats podcast that Canada’s largest infrastructure and resource projects now require Indigenous equity participation. Recent federal programs and legal reforms have turned Indigenous partnerships from a political...
UBS Eyes Possible Bottom In Airline Stocks After Bear Market
UBS analysts say US airline stocks may be nearing a bottom after a 22% drawdown in the S&P 500 Passenger Airlines Index, driven by a sharp jet‑fuel price surge linked to Middle‑East disruptions. The firm expects most carriers to hit...
BKC Africa Private Debt Fund in Rwanda Deal
BK Capital’s BKC Africa Private Debt Fund has closed its inaugural private‑debt deal in Rwanda, financing Goodlife Health and Beauty, the country’s largest pharmacy chain. The capital injection will back Goodlife’s rapid expansion from its flagship store to 16 locations...
Standard Bank Partners with Anthem to Back South African Solar Project
Standard Bank, Africa’s largest bank by assets, has partnered with independent power producer Anthem to finance the Notsi solar project, South Africa’s biggest single‑phase photovoltaic development. The 475 MW facility in the Free State will supply clean power to commercial and...
The Daily Feather — Shockers
The Daily Feather’s new post spotlights the oddball nicknames of U.S. colleges, zeroing in on Wichita State University’s “Shockers.” It traces the Shockers moniker to early 20th‑century wheat‑harvesting students who earned a reputation for “shocking” the grain. The article pairs...
EU Data Act: Time for a Reality Check
The EU Data Act obliges manufacturers of IoT devices and SaaS providers to make user‑generated data readily accessible and transferable by design. Articles 3 and 4 require that data be supplied in a structured, machine‑readable format, often forcing back‑end redesign...
Tired of Geopolitical Chaos? You Wouldn’t Be if You Were Prepared!
Geopolitical events are increasingly moving directly onto corporate profit and loss statements, reshaping input costs, working capital and supplier access. Most firms lack visibility beyond tier‑one suppliers, forcing them to scramble when crises emerge. Without a structured risk‑assessment framework, companies...
Risk Management Matters More Than Charts
CryptoKnight warns that in volatile markets the focus should shift from chart speculation to risk identification. Singapore’s police force disclosed that scammers stole roughly S$182.2 million in crypto transfers in 2025, highlighting heightened human‑risk exposure. The post outlines a comprehensive risk‑management...
Should We Quantify Every Risk?
Norman Marks argues that not every risk needs a precise numerical value, but quantification becomes essential when risk acceptability is unclear. He emphasizes that risk is a distribution of outcomes and that both upside and downside should be measured to...