Sales & Marketing news

• 'Ghostbusters' has the biggest opening for a comedy this year, but can't win the weekend box office

  17-07-2016 17:38 via feedproxy.google.com
  
  After all the controversy surrounding the female-focused reboot of the 1980s classic comedy, "Ghostbusters" has finally opened, and though it didn't do amazing business, Sony, the studio behind the movie, should be happy to have survived the rough waters.
  The comedy starring Melissa McCarthy, Kristen Wiig, Kate McKinnon, and Leslie Jones with director Paul Feig ("Spy") at the helm, took in an estimated $46 million at the domestic box office this weekend, according to Exhibitor Relations.
  That's
  
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• A top Wall Street strategist explains why he's not more bullish even with stocks at all-time highs

  17-07-2016 17:30 via feedproxy.google.com
  
  The S&P 500 this week jumped to new highs, leaping above the median Wall Street year-end target of 2,152.
  Naturally, there were expectations that strategists would begin to raise their targets.
  But in a note on Friday, BMO chief investment strategist Brian Belski said he's sticking to his target of 2,100, outlining two reasons why now is not the time to become more bullish.
  "From our perspective, they are ones that investors are not necessarily prepared for: at least one more Fed r
  
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• Buying a house is about to be a lot more affordable

  17-07-2016 16:54 via feedproxy.google.com
  
  Hope may be coming for desperate first-time homebuyers in the form of historically low mortgage rates.
  The interest rate on standard 30-year mortgages has sunk and is approaching an all-time low, according to Nishu Sood and Rob Hansen at Deutsche Bank, which could open up the market to first-time homebuyers who have been unable to tap into the housing recovery.
  According to a note from the research analysts Wednesday, there are a few reasons to think mortgage rates could reach a record low, and
  
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• A stock market crash will take the California Pension system along with it

  17-07-2016 16:51 via feedproxy.google.com
  
  The California Policy Center published an interesting study – “interesting” in all kinds of ways, including its outline of the doom-and-gloom future of California’s state and local pension plans if stocks turn down sharply, preceded by its prediction that stocks will turn down sharply because valuations are totally unsustainable.
  The huge, simultaneous, Fed-engineered rallies in stocks, bonds, and real estate – typically the three biggest holdings of state and local
  
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• This $10 billion Wall Street firm loves hiring interns

  17-07-2016 15:41 via feedproxy.google.com
  
  Wall Street is known to be a demanding place to work.
  Interns have to impress the higher-ups as they shoulder full-time workloads, be it updating spreadsheets or tweaking pitches.
  But the real prize at the end — an offer for a permanent position — makes those grueling hours worthwhile.
  Full-timers at The Polk Wealth Management Group would agree.
  In the past five years, PWM hasn't hired a single person who hadn't had an internship there, the firm's founder, Lyon Polk, said in an inter
  
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• A profound cultural shift is taking place on Wall Street

  17-07-2016 15:16 via feedproxy.google.com
  
  Tom Cornacchia was unusually frank.
  The global cohead of fixed-income sales at Goldman Sachs told attendees at a housing-finance conference earlier this year that a culture shift was underway inhis part of the bank — which sells bonds to big investors.
  The shift was causing some "awkwardness" and "friction" among employees.
  He wanted his team to focus on long-term relationships, he said, and put less pressure on clients to make a trade right this minute.
  "We are pushing that agenda interna
  
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• The epic war between Bill Ackman and Carl Icahn is over, and Icahn won (HLF)

  17-07-2016 14:43 via feedproxy.google.com
  
  Bad news for Bill Ackman.
  The Federal Trade Commission on Friday reached an agreement with multilevel marketing firm Herbalife, that kept it from being labeled a pyramid scheme.
  Ackman, the founder of Pershing Square Capital Management, has been short Herbalife since December 2012, when he made a $1 billion bet that the stock would go to $0 and began a campaign to convince regulators and investors of wrongdoing by the company.
  Fellow billionaire and activist investor Carl Icahn took the oth
  
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• One of Yahoo's most important businesses stopped growing and could face a lot of questions on Monday (YHOO)

  17-07-2016 14:30 via feedproxy.google.com
  
  Yahoo CEO Marissa Mayer has long touted Mavens, short for mobile, video, native, and social revenue, as the company's new growth driver. 
  Indeed, Mavens business has grown into a $1.6 billion revenue business last year, after being almost non-existent before Mayer arrived in 2012.
  But Mavens growth came to a screeching halt last quarter, when it saw only a 7% year-on-year revenue increase in the first three months of the year. That's a serious slowdown compared to previous quarters: Ma
  
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• A bunch of ugly warning signs are bubbling up in Saudi Arabia

  17-07-2016 14:24 via feedproxy.google.com
  
  A bunch of ugly warning signs are bubbling up in Saudi ArabiaJoin the conversation about this story »NOW WATCH: 9 phrases on your résumé that make hiring managers cringe
  
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• This huge investor is preparing for a 'bonfire of distress'

  17-07-2016 13:51 via feedproxy.google.com
  
  Oaktree Capital Group, the world’s largest distressed-debt investor, is eagerly anticipating the chance to snap up bonds of companies nearing bankruptcy. "In the distressed debt group, we talk about building an inventory of low-quality debt as a growing pile of kindling, preparing for a bonfire of distress once economic weakness ignites it," Armen Panossian, managing director and co-portfolio manager at Oaktree, said in a recent report. The firm has raised $3.2 billion
  
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• Salt: Digital Project Manager- Agile - Agency - Junior or mid-level

  17-07-2016 02:00
  
  £30000.00 - £40000.00 per annum + Benefits:Salt:
  Digital Project Manager- Agile - Agency - Junior or mid-level Looking for a Digital Project Manager or coordinator who wants to step up into a Digital PM positions to join a leading digital agency.
  Buckinghamshire, Marlow
  
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• A huge oil producer is trying to ramp up exports — but the market isn't buying it

  17-07-2016 01:40 via feedproxy.google.com
  
  There's been some good news out of Libya recently.
  In the beginning of July, Libya's two rival oil companies — the National Oil Corp., based in the western city in Tripoli, and its eastern counterpart, which sits in Tobruk — agreed to merge. 
  It's a complicated deal because of Libya's complicated government. The Wall Street Journal reported at the time that the company will be moved to Benghazi in the east, something that the eastern side 
  
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