Talos Energy Begins Business After Merger With Stone Energy

The previously announced contract in which Talos Energy acquired Stone Energy, a Louisiana-based public firm closed on 10th May 2018. The merged firm is now known as Talos Energy Inc., and it’s currently trading on NYSE under a new ticker icon “TALO.” According to the United States’ Exchange and Securities Commission, every common stock share of Stone Energy Corporation was translated into one Talos Energy Inc. share before the markets opened on 10th May 2018.

When the transaction was announced in early November 2018, the corporations said that Talos was anticipated to have an enterprise value of around $2.5 billion and an equity market capitalization amounting to $1.9 billion, based on the price of Stone Energy stock on 20th November. Former Talos shareholders own 63% of the merged firm with previous Stone Energy stakeholders holding the remaining 37%. When closing the deal, the amalgamated corporation also entered a new credit contract with an initial borrowing capacity of $600 million. The firm has liquidity of approximately $450 million, and this includes around 150 million dollars in cash.

When the contract was announced, the merged firm was anticipated to have 136 million oil reserves and 1.2 million acres combined in the Gulf of Mexico. According to Timothy Duncan, the Chief Executive Officer of Talos, the transformational merger will significantly benefit all the shareholders from the increased liquidity and scale. Duncan also stated that Talos is in a better position to capitalize on the returns-focused capital initiatives and top quality asset portfolio in the United States Offshore Mexico and the Gulf of Mexico and also take advantage of prospective business development opportunities as well.

Talos Energy is an independent gas and oil exploration company which is technology driven, and its operation is in the Gulf of Mexico in the United States as well as the offshore Mexico Coast. Talo’s expertise in the Gulf of Mexico in the US is mainly based on acquiring, exploring, developing, and exploiting the deepwater assets located close to the existing infrastructure. The offshore Mexico Coast offers this oil and gas giant a high-level exploration opportunities in the emerging basin.

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The Lucrative Partnership; Brightline’s Wes Edens & Virgin Group’s Sir. Richard Branson

As a sound and brilliant mind, Wes Edens continues to demonstrate his entrepreneurial acumen in the business space as the co-founder and private equity chief investment officer. Fortress Investment Group (FIG) is enjoying great dominance in the investment industry, owing to the icon’s outstanding leadership at the company. For the many years, he has been at Fortress, Wes Edens has demonstrated that he has all it takes to grow the company to realize its full potential. Read this on cnbc.com

Virgin Trains USA

One of Wes Eden’s specialties as an executive is strategic planning. Recently, the committed leader strategically agreed to a partnership in which Virgin Groups Richard Branson to have Brightline assume become Virgin Trains USA. Brightline is a train and development company under the larger Fortress Investment Group and based in South Florida. Currently, it has operations in Miami, Fort Lauderdale and West Palm Beach with underway plans to expand to Tampa and Orlando.

The widely reported strategic agreement will see Brightline retain its top executives from the FIG but will ride under the new brand which is more established, trusted and respected in the market. Virgin agreed to make a minority investment in the venture and let FIG affiliates run the business development process, oversee daily operations and engineering aspects of the company. The Wes Edens partnership presents new opportunities to further the growth of the company, and expand to new markets.


Strengths and Opportunities

In what is an added advantage, the two business moguls have a shared focus on improving customer experience. Additionally, Both Brightline and Virgin Group are driven by an innovation culture. Richard Branson is confident of the Virgin Trains USA’S ability to bring with it the much-needed transformation in America’s commuter train service. Virgin Group’s marketing expertise coupled with its experience in the UK’s rail sector are additional advantages to the partnership

According to Richard Branson, the new deal is a valuable opportunity to offer above-board service experience to the tens of millions of Americans using commuter train services on a daily basis. Wes Edens has expressed confidence in the new agreement and is working out plans to spread expand Virgin Trains USA to Las Vegas and Southern California.

Find out more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=372235&privcapId=3554707&previousCapId=666715&previousTitle=Fortress%20Investment%20Group%20LLC

 

The Vision of DAMAC Owner, Hussain Sajwani for the Next Generation

Billionaire Hussain Sajwani came to America with the goal of pursuing an education and exploring employment opportunities. Forbes named The United Arab Emirates-born DAMAC owner as the fourth richest Arab in 2018 with $4.1 billion in net worth. He attended the University of Washington in the US earning a bachelor’s degree in economics and industrial engineering. Several years after completing his education, Hussain started an ancillary services company, today known as Global Logistics Service. In Dubai, the largest city in UAE holds over 35 percent of the population in the Emirates and has great opportunities for the next generation.

Hussain Sajwani faithfully supports the One Million Arab Coders Program to introduce young people to different technologies. As technology rapidly created existence in the world, it is constantly building a path for tech opportunities and international prosperity. His vision for generations around the globe is to equip them with knowledge and training hoping they connect with corporate leaders and lawmakers. Whether there are needs for adopting new policies, changing or aborting laws, and promoting world peace, he wants young adults to take part as members in the global system. With technology development and advancement and access to emerging technology, the DAMAC owner believes whatever problems come to the surface won’t create barriers.

According to Wikipedia, Dubai is one of the fastest growing global economics and safest cities in the world. It is the business centre in the Middle East and a popular tourist attraction for millions of people worldwide. Hussain contributed to the city’s economy by building glamorous hotels in 1995. His expertise in investments, finance, business law, and real estate prepared him to become a successful investor and to support the communities in UAE.

Sajwani found DAMAC, a development property management company nine years after starting Global Logistics Service. He’s known for creating luxury apartments and villas with interior designs and styles by Versace, Fendi and Bugatti. Hussain received the 2017 CEO Middle East Award ranking number 15 on Hotelier Power 50. For the same year, he received an award as the Property CEO of the Year.

Find out more about Hussain Sajwani: https://www.youtube.com/HussainSajwaniOfficial

James River Capital: Reinventing Our Leadership Styles

James River Capital Corp is an investment advisory services company based in the United States. The Company was founded in 1986 as KP Futures Management Corp and later changed into James River Capital Corp. Currently, the company focuses on investment management, commodity trading, and advisory services to its customers across the United States. Learn more: https://twitter.com/jamesriver_cc

 

The company also offers valuable advisory services on productivity, business, and leadership. On one of its recent posts, the company has given a detailed multi-strategy approach to improve leadership in business organizations. The company bases its advisory on the fact that leadership is both an art and a science. When managers take leadership as a skill, which is worth learning, they realize that simple changes can make a considerable difference in the performance of those under their supervision.

 

The advisory is based on multiple research-based findings from renowned management experts. In an attempt to find the components that make up a good leadership, the researchers have come up with three simple changes, which can improve the leadership and management style in most organizations. When managers apply these changes in their management styles, their organizations are much more likely to experience a positive change concerning output.

 

One such change is offering support to a team as opposed to leadership. Even though both are important, leaders should be available to provide their teams the support they need in their workplace. The shift from leadership to support can entirely alter the managers’ view of their role as leaders, and in the end, improve their interactions with their teams.

 

The second strategy is to welcome and encourage escalation. According to recent studies, most employees keep critical information to themselves for fear of victimization. The research has also found that a lack of open and transparent communication leads to reduced interaction between managers and employees. To encourage innovation and creativity in a workplace, managers should strive to create an appropriate environment, where workers can freely air their contributions, doubts or concerns.

 

Lastly, managers should take their time to listen to employee’s opinions. Whenever there is a meeting between managers and employees, deliberate effort should be made to ensure that every member of the team contributes. Managers should play a regulatory role to ensure that the more talkative members do not dominate the session.

 

Since its inception, James River Capital Corp has created a name in the provision of quality services to its customers. The company takes pride in its active management led by Paul Saunders, the Founder, and Principal. Paul Saunders is also the portfolio manager of funds of hedge funds at James River Capital. He is also the Chairman, and Chief Executive Officer of James River Financial Corp as well as James River Capital Corp. Paul Saunders has a degree in arts from the University of Virginia and an M.B.A from the University of Chicago.

 

OSI Group: Leading food producer in the world

OSI Group is the largest food production company in the world. It has a presence in 17 countries and has employed over 20,000 employees. It has built 65 production plants around the globe to deal with sufficient production of processed foods. The history of this company goes back to 1909 when a German immigrant known as Otto Kolschowsky migrated to the United States and settled in Chicago. He opened a small butcher shop in the area to supply quality meat products to the local community. This shop would grow over time to become the multinational company we see. Currently, the company is under the expert leadership of CEO Sheldon Lavin.

OSI Group has been doing very well over the years under the current CEO. He joined it in 1975 and has continued to be the strongest pillar in the growth of the company and the food industry as a whole. He has taken up the role of leadership to another level by making sure he sets the right precedent for others to follow. Under his leadership, this company has prioritized the needs of the customers and is doing everything possible to meet the demands from the market. The foods are prepared with attention to the safety of the consumer as well as effective cost.OSI Group is still expanding its facilities to other locations around the business world.

Currently, they are in the process of developing their business in Europe. Among the things they have done is to acquire some of the well established firms in the region. They have acquired Baho Food and Flagship Europe, which is now known as Creative Foods. These two partners will help the company find its base in the region. They are working on making sure that they take over Europe, a vital region for the work they are doing.OSI Group is ranked as one of the highly successful businesses in the United States. It is ranked at number #58 among the highly successful business in the country. It is estimated to have a net worth of $6 billion. Much of the success has been achieved during the tenure of CEO Sheldon Lavin.

Chris Burch, Entrepreneur

Chris Burch is the CEO of Burch Creative Capital. He has a brand new venture located in Indonesia. This new venture enables him to give back to communities where his businesses thrive the most and will make a connection with his workforce at the same time, go to medium.com for more info.

Chris Burch has a special skill in the business world. He is also the co-founder of Tory Burch, which is a fashion brand launched with his ex-wife. He also is behind an enormous number of luxury and technology brands that include Poppin, Voss Water, Jawbone, and the Faena Hotel + Universe. Chris has even made a partner with his good friend Ellen DeGeneres to launch her ED lifestyle brand, follow watching them on (Youtube.com). No wonder people light up when his name is mentioned, and these people are also his own staff.

Mr. Burch speaks regularly as a guest at the Harvard Business School where he discusses his life as an entrepreneur, see https://www.huffingtonpost.com/author/christopherburchpr-897. Chris says that his success is due to his empathy most of all. He has a talent of being able to just listen to people talk and think and he receives his creative dreams and ideas just from these conversations. As a curious man, he is able to process and scan every person who comes his way.

Chris spends most of his time in Miami, Los Angeles and New York City. He is constantly dividing his time between these three cities. However, he purchased the island of Nihi Sumba located in Indonesia where there is the Sumba Foundation, a non-profit organization created to lower the island’s poverty. This foundation has provided healthcare, reduced the rate of malaria, built wells and watering holes and delivers lunch to schools to feed the children.

 

Three Decades of HCR Wealth Advisors

Founded in 1988, HCR Wealth Advisors is a wealth management firm that is focused on the provision of investment and financial strategies to the clients they serve. This firm stands to help their clients by creating financial strategies that allow each client to make informed decisions on their investments. This has not been without the contribution of Steve Weinberger who joined forces with HCR Wealth Advisors in 1998. Steve Weinberger graduated Pepperdine University with a master’s degree in business administration. By then, HCR Wealth Advisors was a smaller, boutique firm.

However, with the leadership of Steve Weinberger and the firm’s founder Greg Heller, HCR Wealth Advisors has grown significantly. Today, this firm manages more than $1 billion of client assets. In his capacity, Steve strives to help each client develop a suitable investment strategy that is aligned with their needs and goals and help them propel them in the market. Since clients have individualized investment needs, HCR Wealth Advisors helps them to come up with unique strategies that will address their needs. Since its inception, this firm has utilized this approach.

Transitions in life are inevitable. As such, Steve Weinberger works well with clients that are undergoing various life transitions like retirement, widowhood and selling a business. Steve is well conversant with this sector such that after establishing investment strategies with the clients, he can also help them to plan for the unseen but expected curveballs in the market.

Greg Heller is the CEO and the founder of the HCR Wealth Advisors. He founded this firm based on core operating principles that have helped it grow in the competitive financial niche to date.  He has ensured that this firm continues to earn the trust of its clients by providing them with unbiased and comprehensive investment strategies. To this end, he has seen HCR Wealth Advisors grow from a small boutique firm to a firm that offers a comprehensive set of financial services. This way, HCR Wealth Advisors has branched out its reach to include nonprofit and privately-owned entities among their clients.

Read more: http://labusinessjournal.com/news/2018/aug/20/most-influential-wealth-managers-los-angeles-steve/

HCR Wealth Advisors is not affiliated with this website.

Fortress investment Group Growth and Affiliations.

The firm was established in 1998 and is led by Randy Nardone as the chief executive officer along Pete Briger and Wes Edens. It’s an alternative asset investment firm that deals in private credit, equity hedge funds and other forms of asset investment. It was also named the first private equity investment group to go public back in 2007. Since it’s establishment, the company has been a trendsetter in matters of alternative investment. It chooses to invest in places where their clients can enjoy sizable risk-adjusted returns in the long run. Fortress investment group has over 900 employees serving over 1750 investors. In its headquarters alone, based in New York, the firm manages over 40 million dollars in assets. Over the years, the fortress investment group has received a number of recognition in the business world. In 2004, the firm was named the ” Institution Investment Hedge Fund Manager of Year” by institution investment magazine June 30th issue and others from friends in the finance industry. The firm has been involved in major acquisitions and partnerships over the years to expand its market reach. One of the biggest partnerships that the firm has been involved in is the iPass / Fortress partnership. The deal makes it possible for iPass lock down competitive advantage over other connectivity firms. IPass provides Wi-Fi connectivity globally and with the 20 million dollars boost from the Fortress’s deal, the firm will be able to deliver and become profitable faster than anticipated. Another deal that Fortress was involved in is the acquisition by Softbank which was valued at 3.3 billion dollars. Softbank is known for investing in promising start-up businesses like Fortress investment group. The firm is a Japanese technology-communication based organization led by Masayoshi Son. The firm, Fortress, a class A stakeholder will get 8.08 dollars a share while Softbank gets to open a new branch in London called Softbank financial services. This deal also helps Softbank achieve its goal of being the largest alternative investment manager in the world. These, listed above, are amongst the deals that fortress investment group has always been involved with and been part of over the past few years. A Force of Innovation: Two Decades of Fortress Investment Group

Learn more about fortress investment group

The Role Of McDonald’s In the Growth And Expansion Of OSI Group

OSI Group is one of the leading privately owned companies in America in the sector of Meat processing. The company started more than a century ago as a local butcher shop owned by a German Immigrant. Though it took the company almost a century to get to where it is, the company still stands out in the industry in more than one way.

After a few years of running as a butcher shop, the owner of the business decided to expand into supplying meat at wholesale price. This lead to the expansion of the business from a single branch in Illinois Chicago to three locations. Perhaps the big break for the company came when it was commissioned by McDonald’s as one of its suppliers when the company was coming up.

Read more: David McDonald: From Iowa Farm to a Global Leadership Position

About OSI Group McDonalds

OSI Group McDonalds is the largest fast food company in America. The company owns a network of restaurants in different parts of the continent is reported serves more than 60 million customers every single day. The company was established in 1940 with a single restaurant based in California’s San Bernardino area that has since then grown into a chain. The founders of the company are Richard and Maurice McDonald who are also its operators. The company is known for foods such as their famous hamburger among other food and drink varieties as well as deserts. Forbes reports that the company is the second largest in terms of the number of employees with an employee count of more than 1.8 million just behind Walmart. The company commissioned OSI Group in the year 1995 when the company opened branches in Chicago.

The partnership between OSI Food Solutions and McDonalds’s

When Ray Kroc launched the Des Plaines, Illinois branch of OSI Group McDonalds, OSI Group, which was still going by the name Otto and Sons was the go-to supplier following the reputation that the company has made for itself in the meat supplying business. Soon OSI Group McDonalds employed new technologies that allowed the company to expand in terms of production leading to an expanded partnership with the chain of restaurants. This partnership still exists up to date with the two companies complimenting each other’s growth.

Jd.com/ Wall Street Journal Recap

Jd.com which is an online retailer based in China is taking a chance with the package delivery market in the country. The Chinese parcel delivery service is very competitive, and Jd.com has decided to open its logistics network to ship parcels for its consumers and businesses. The company announced this move on Thursday and the first trial would be for businesses and consumers in Shangai, Guangzhou, and Beijing. The company has incorporated this delivery system in its app so that their clientele can send and receive packages domestically using the company’s app. Through the app, WeChat, the customers can make pickup requests. The WeChat app is a social messaging app that connects thousands of users throughout China.

Jd.com competes with Alibaba which is another an e-commerce firm in the country, and they hope to surpass them by expanding their services to include both business and residential deliveries. This would be done between two points in areas in China, and this will prompt Jd.com trucks and vans to move the goods into a broader network. This would put them in competition with other e-commerce retailers such as ZTO express and United Parcel Service. The company assures that their network logistics can reach up to 99% of the population and deliver packages on the same day to 90% of the orders made.

Zhenui Wang who is the CEO of the company spoke saying that they have been building these logistics for over a decade and this step is a way of leveraging it.Jd.com faces stiff competition from Alibaba and Amazon Inc. Amazon Inc is preparing to establish a delivery system in the US, and it has invested heavily on branded trailers and cargo operations. Jd.com and Alibaba continue to fight for the market share of package delivery with Jd.com logging in 122.3 billion yuan. However they losses are significant as they spend so much on automated warehouses and other top notch technology. The distribution network at Jd.com now stands at 15 logistics park, 7000 delivery and pickup stations and close to 500 warehouses.