Welcome to our dedicated page for Wolters Kluwer N V news (Ticker: WTKWY), a resource for investors and traders seeking the latest updates and insights on Wolters Kluwer N V stock.
The WTKWY news page tracks company communications and market-relevant updates for Wolters Kluwer S/ADR, which represents American Depositary Receipts of Wolters Kluwer N.V. Wolters Kluwer describes itself as a global leader in professional information solutions, software, and services for sectors such as healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG.
News for Wolters Kluwer often centers on portfolio moves, technology developments, and capital allocation decisions. Recent press releases include the planned and completed acquisitions of Libra Technology GmbH, a Berlin-based provider of AI technology for legal professionals, and StandardFusion, a global provider of cloud-based governance, risk, and compliance solutions. These updates highlight the company’s focus on AI-enabled legal research, document analysis, and integrated audit and GRC platforms through solutions like Libra AI assistant and the TeamMate internal audit platform.
Investors and professionals following WTKWY can also expect announcements on divestments and corporate structure changes, such as the completion of the divestment of the Finance, Risk and Regulatory Reporting (FRR) unit to Regnology group, as well as capital structure actions including share buyback programs, share cancellations, and capital reductions. Trading updates provide insight into trends in recurring and cloud software revenues, divisional performance in Health, Tax & Accounting, Financial & Corporate Compliance, Legal & Regulatory, and Corporate Performance & ESG, and the geographic mix of revenues.
Governance-related news, such as nominations and appointments to the Supervisory Board, is another regular theme, reflecting the company’s oversight structure. Users interested in WTKWY can use this news feed to monitor how Wolters Kluwer is evolving its product portfolio, AI capabilities, and financial policies over time, based on information released directly by the company.
Wolters Kluwer Tax & Accounting has launched the Whole Ball of Tax, a media resource center designed for the 2023 tax filing season. This platform provides essential resources and expert insights to aid journalists and taxpayers. The IRS began accepting eFiled returns on January 23, 2023. Key resources include state-by-state tax guides on cryptocurrency, telecommuters, and student loan debt forgiveness implications. Federal tax changes involve 24 revised forms, including those influenced by the Inflation Reduction Act. Experts are available for commentary and analysis.
Wolters Kluwer ELM Solutions’ LegalVIEW Insights 2023-1 report highlights that corporate legal departments possess substantial negotiation power over law firm rates, countering the belief that rate increases are inevitable. The study reveals that 32% of Am Law 100 timekeepers experienced no rate increases from July 2021 to June 2022, while 13% saw decreases. Notably, 21% of law firm timekeepers achieved increases over 10%. In the financial sector, timekeepers billed an average increase of 5.9%. The report suggests that organizations can effectively challenge the pricing norms of large firms.
Wolters Kluwer released expert reports analyzing key economic tax and employment reforms from the 2023 Singapore Budget announced by Deputy Prime Minister Lawrence Wong on
Wolters Kluwer Compliance Solutions, in collaboration with Compliance Week, is hosting a complimentary webinar on February 21, 2023, at 2 PM ET. The panel, titled “Connecting the Compliance-Related Dots,” will discuss the importance of maintaining an authoritative source library (ASL) in regulatory change management. The event will feature expert insights and the opportunity for attendees to earn CPE credits.
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