Sales & Marketing news

• ICAHN: The Trump rally in stocks may have gone too far

  10-12-2016 22:12 via feedproxy.google.com
  
  Hedge fund titan Carl Icahn says the stock market's rally following President-elect Donald Trump's victory may have gone too far. 
  All the major stock-market indexes jumped to record highs after the election, and the Dow Jones Industrial Average has gained more than 1,000 points in the month since.
  Investors' optimism has increased, as they bet that Trump's promises to cut corporate taxes and ease business regulations would be additive to company earnings.  
  "The market is not goi
  
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• Tesla is about to crush a test that will silence the skeptics (TSLA)

  10-12-2016 21:49 via feedproxy.google.com
  
  Tesla is about to close out its best-ever year for delivering cars.
  By the time 2016 is in the books, around 80,000 Tesla vehicles should be in the hands of customers.
  That's about 30,000 more deliveries than last year. But it's unlikely that CEO Elon Musk and his team will be satisfied.
  For one thing, that's 10,000 fewer deliveries than the company guided to early in 2016. And for another, Tesla has to focus and focus hard on its next milestone: the on-time launch of the Model 3 mass-market sed
  
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• Women think it's harder for them to succeed on Wall Street — but there's some hope

  10-12-2016 21:25 via feedproxy.google.com
  
  Women make up about half of the world's workforce, but they are far from parity in the worlds of venture capital, hedge funds, private equity, and other Wall Street investing firms.
  There are a lot of reasons for that, a thin pipeline of candidates, biases, and a lack of recruitment among them. What's certain is that it's not because women are less apt investors — some studies even show that female hedge fund managers outperform their male counterparts.
  A new survey of 791 industry profess
  
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• 'Wherever you hear parents bemoaning 'it will rot your brain,' I think it's predictive of the next $10 billion industry'

  10-12-2016 19:11 via feedproxy.google.com
  
  For the venture capitalists spearheading innovation in Silicon Valley, the speed of development is so fast that it’s almost impossible to say what the next big breakthrough technology will be. But they have a pretty good idea where they will find it.
  Josh Wolfe is the co-founder and Managing Partner of Lux Capital, the Silicon Valley venture capital firm focused on backing scientists and entrepreneurs to solve the world’s toughest problems. He literally cleaned up as his start-up Kur
  
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• Here's the one thing corporate America wants Trump to do ASAP

  10-12-2016 18:21 via feedproxy.google.com
  
  Nothing about President-elect Donald Trump's first year in office matters more to Wall Street than corporate tax cuts, according to David Bianco, the chief US equity strategist at Deutsche Bank.
  "There are many proposals floating around for other changes to be made to the tax code along with a tax rate cut," said Bianco in the bank's 2017 outlook released Friday. 
  "We think most of these proposals are ill conceived, extremely difficult to implement, counterproductiv
  
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• Stocks just hit a level not seen outside of a financial crisis

  10-12-2016 17:30 via feedproxy.google.com
  
  Stocks are getting a bit pricey.
  All three major indexes break though their all-time highs on a seemingly daily basis, and this has pushed earnings multiples higher and higher.
  The current 12-month trailing price-to-earnings ratio of the S&P 500 sits at 25.95x, while the forward 12-month price-to-earnings is roughly 17.1x, according to FactSet data. Each of these is higher than its long-term average.Join the conversation about this story »NOW WATCH: NASA just spotted a massive hole gro
  
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• How the SEC chooses to target people on Wall Street

  10-12-2016 16:41 via feedproxy.google.com
  
  Eugene Soltes is a professor at Harvard Business School as well as the author of Why They Do It, which focuses on white-collar crime. He spent seven years speaking with some of the biggest white-collar criminals in history including Bernie Madoff. Here he discusses how the SEC chooses to go after individuals in the financial industry. 
  Follow BI Video: On TwitterJoin the conversation about this story »
  
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• A hot investing startup wrote an open letter to Donald Trump, and is setting the stage for a battle on Wall Street (LPLA, PRI, AEL, NSAM)

  10-12-2016 16:32 via feedproxy.google.com
  
  Betterment, a startup that provides automated investing in index funds, is asking President-elect Donald Trump to leave in place a rule that's meant to protect Americans' retirement money from conflicted financial advisors.
  The Department of Labor's fiduciary rule, which takes effect in April, mandates that all financial advisors serve in their client's best interest rather than their own. It is aimed at those who oversee retirement money.
  Without the rule, some financial advisors can
  
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• Demand for electric cars is low — but automakers continue to roll them out (FCAU)

  10-12-2016 16:27 via feedproxy.google.com
  
  One of the biggest critics of electric cars also runs one of the worlds largest automakers.
  Fiat Chrysler Automobiles CEO Sergio Marchionne has as much as begged customers to avoid buying his electric vehicles (EVs) because he loses so much money on them.
  Demand for EVs isn't just weak — it's practically non-existent. Globally, electric cars have captured only 1% of the market.
  Meanwhile, in the US alone, new sales records have been set as pickups trucks and SUVs powered by gas motors have
  
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• The SEC might be about to wade into a war between Wall Street traders

  10-12-2016 16:13 via feedproxy.google.com
  
  The Securities and Exchange Commission may be about to shine a spotlight on one of the hot topics in Wall Street trading.
  The Commission is seeking additional comment on a request from the New York Stock Exchange to change the fees its charges for certain connectivity services, it said in a note late last month.
  The SEC's focus is technical and the wording in the note is specific to particular charges, but upstart trading venues and high-speed trading firms are hoping it
  
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