Sales & Marketing news

• The New York Stock Exchange is fighting back against its critics

  22-01-2017 23:04 via feedproxy.google.com
  
  The New York Stock Exchange is fighting back in a fierce debate over the cost of accessing the market.
  The war of words is the latest in a long-running battle over the cost of data, connectivity and colocation, and was triggered by the Big Board's request to change the fees it charges for certain connectivity services.When the Securities and Exchange Commission sought additional comment on the request, those who believe these services have gotten too expensive jumped at the chance to t
  
  Read more

• A social network for money managers had a competition for trade ideas — here are the winners

  22-01-2017 21:16 via feedproxy.google.com
  
  Everyone on Wall Street wants to get ahead. 
  Investors use algorithms, mathematical models, research, and their gut to come up with investment ideas that will deliver outsized returns.
  SumZero, a professional network for investors, has recognized the crème de la crème of those ideas in its 2017 Top Stock Challenge.
  According to SumZero, the contest represents the best of the best of forward-looking research from SumZero's
  
  Read more

• The chart that should have every Wall Street CEO worried

  22-01-2017 21:11 via feedproxy.google.com
  
  SAN FRANCISCO —It's a chart that should have every manager on Wall Street worried.
  According to a survey of over 1,000 banking employees by strategy consulting firm Quinlan & Associates, more than a third (34%) of finance employees are planning to leave their current role in the next two years. 
  A further 37% are undecided, with only 29% committed to staying at their current employer. 
  The survey is part of a 107-page report into a "talent crisis" in the banking in
  
  Read more

• Trump is officially making an economic promise that will be nearly impossible to keep

  22-01-2017 20:25 via feedproxy.google.com
  
  As part of the inauguration of President Donald Trump, the new White House rolled out a number of policy promises on its new website.
  The position page on jobs and the economy makes a promise for the US economy that Trump may find pretty hard to keep.
  "To get the economy back on track, President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth," reads the White House site.
  The 4% GDP promise is one that T
  
  Read more

• Advertisement

• A hot new hedge fund expects 'hundreds of billions of dollars' in tech deals (CSOD, AAPL, DIS)

  22-01-2017 20:25 via feedproxy.google.com
  
  A hot new hedge fund says the tech industry is up for a wave of deals worth billions of dollars — and it is betting big on companies that could benefit.
  Margate Capital, a New York fund launched last year by former Paulson & Co. partner Samantha Greenberg, lays out the thesis in its fourth-quarter investor letter, a copy of which was obtained by Business Insider.
  "We believe we are in the early innings of a substantial wave of consolidation in the technology industry, specifically with
  
  Read more

• Chinese-backed Faraday Future was seen as a Tesla challenger, but it may be running out of cash, sources say (TSLA)

  22-01-2017 17:30 via feedproxy.google.com
  
  Faraday Future, the electric-car startup once hyped as a "Tesla-killer," was getting a second chance. It had to get this one right. Early this month, a roster of company executives and Faraday's most visible investor, Chinese billionaire Jia Yueting, gathered at the International Consumer Electronics Show in Las Vegas, the annual mega-showcase for the technology, electronics, and auto industry's buzziest new products, from drones to TVs to self-driving cars.For Los Angeles-based Faraday Future,
  
  Read more

• TIFFANY & CO.: Trump Tower is killing our business (TIF)

  22-01-2017 17:21 via feedproxy.google.com
  
  The heavy security around Trump Tower in New York to protect the president-elect is crushing its neighbors.
  The luxury jewelry retailer Tiffany & Co. on Tuesday said sales at US stores open for at least one year fell 4% during November and December compared with a year ago.
  "Management attributed the lower sales to local customer spending, with a decline in US sales exacerbated by a 14% decline at the company's flagship store on Fifth Avenue in New York, which we attribute at least partly to
  
  Read more

• Trump's infrastructure plan probably won't provide a big boost to metals

  22-01-2017 16:32 via feedproxy.google.com
  
  The so-called Trump rally that ensued following the November election spread its wings beyond just the stock market.
  For instance, commodities like copper rallied as investors turned increasingly bullish on base metals amid President-elect Donald Trump's plan to boost infrastructure spending.
  But now, with history suggesting that the Trump rally will end with Friday's inauguration, doubts over the impact of infrastructure spending on metal prices have also grown.
  Barclays analyst Dane David is t
  
  Read more

• Advertisement

Follow @sales_mrktinguk on Twitter!