Sales & Marketing news

• Here's how much people working for hedge funds made in 2016

  04-03-2017 19:59 via feedproxy.google.com
  
  It's no secret that hedge funds have been dealing with some issues lately.
  High fees and lackluster performance are forcing some clients to evaluate whether they should leave their money with the once mighty kings of Wall Street or take it elsewhere.
  Just last week, investment icon Warren Buffett urged investors to seek out alternative investment venues.
  "When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the
  
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• Here are the 13 US housing markets that would be most affected by rising interest rates

  04-03-2017 18:44 via feedproxy.google.com
  
  US homebuyers are most concerned about rising interest rates, but they still plan to go ahead with their initial buying plans, according to survey results released by Zillow Group Mortgages.
  "Most people (83 percent) planning to buy within the next three years will continue with their homebuying plans even if rates increase their monthly mortgage payment by $100," Zillow said in a press release.
  Higher rates would, however, limit buyer choices. According to Zillow, "a quarter of home shoppers cl
  
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• Tesla is missing out on the biggest auto sales boom in US history (TSLA)

  04-03-2017 18:34 via feedproxy.google.com
  
  Tesla has steadily sold more cars each new year than it did the year before, with an all-time high of nearly 80,000 in 2016. CEO Elon Musk ambitiously expects to be delivering 500,000 vehicles annually in 2018, with a million to come by 2020.
  Tesla's sales improvements have taken place since it launched its first designed-from-scratch Model S sedan in 2012.
  In 2015, the Model X SUV was added to the lineup, and the Model S has been progressively improved over the past four years, with the top-end
  
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• The rise of Snapchat from a sexting app by Stanford frat bros to a $31 billion public company (SNAP)

  04-03-2017 18:00 via feedproxy.google.com
  
  Snapchat's beginning sounds a lot like Facebook's from "The Social Network."
  In Snapchat's case, it wasn't two ousted cofounders (the Winklevoss twins) against Mark Zuckerberg. But still, it featured the backdrop of an elite university — Stanford versus Harvard — and ended up in litigation, with Snapchat cofounders Evan Spiegel and Bobby Murphy against Reggie Brown.
  At stake was the founding story of a social network to make photos disappear. Snapchat's founders ended
  
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• Tesla will launch its Model 3 later this year — but I'm still crazy about the company's first car (tsla)

  04-03-2017 17:44 via feedproxy.google.com
  
  You never forget your first Tesla.
  In 2010, right after the company had survived a near-death experience, I was offered the chance to sample what was then the carmaker's only vehicle: the original Roadster.
  It's hard to overestimate the importance of this car, which sold for over $100,000, turned in blistering acceleration, and could top 200 miles on a single charge.
  The Roadster changed our minds forever about what an electric car could be and launched Tesla on a road to its current $30 billio
  
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• JPMorgan revealed the logic behind the crazy popular Sapphire Reserve card

  04-03-2017 17:24 via feedproxy.google.com
  
  JPMorgan Chase revealed its newest rewards card, the Chase Sapphire Reserve, last summer. 
  It came complete with a $450 annual fee and a bevy of benefits, including an unheard-of 100,000-point sign-up bonus worth about $1,500 in travel credit.Suffice to say, the card was hugely popular. It even made the front cover of Bloomberg Business Week. 
  "We had some tremendous PR and excitement around the product," Gordon Smith, chief executive and consumer and community banking at JPM
  
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• Here's what we know about Bobby Murphy, Snapchat's mysterious billionaire cofounder (SNAP)

  04-03-2017 16:30 via feedproxy.google.com
  
  CEO Evan Spiegel is the public face of Snapchat parent company Snap Inc., but Bobby Murphy also wields considerable power as its cofounder and chief technology officer.
  Together, Murphy and Spiegel own the vast majority of Snap's voting stock, giving them complete control over the company's future. Now that Snap has gone public, Murphy has an estimated net worth of around $5.4 billion.
  Unlike Spiegel, Murphy has maintained a decidedly low profile since the beginning of the company. He
  
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• JPMorgan is hiring bankers in a city near you

  04-03-2017 15:29 via feedproxy.google.com
  
  JPMorgan is looking to hire bankers in a city near you.
  The US bank hosted its annual investor day Tuesday February 28, and Doug Petno, chief executive of commercial banking at the company, delivered a presentation.
  Commercial banking looks after Middle Market Banking (MMBSI) clients, or companies with between $20 million and $500 million in revenue, and Corporate Client Banking (CCBSI), which covers those with $500 million to $2 billion in revenue.
  Smaller companies are served by Chas
  
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• Trump has 5 priorities for his Obamacare replacement — here's what they could mean for you

  04-03-2017 14:47 via feedproxy.google.com
  
  In his speech to the joint session of Congress on Tuesday, President Trump took time to attack the Affordable Care Act, better known as Obamacare, and laid out a broad vision for the future of healthcare in the US.
  "Obamacare is collapsing and we must act decisively to protect all Americans," Trump said. "Action is not a choice — it is a necessity. So I am calling on all Democrats and Republicans in the Congress to work with us to save Americans from this imploding Obamacare disaster."
  The
  
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• We spoke to the chairman of the company whose stock exploded after people confused it with Snapchat — here's what he said (STVI, SNAP, TWTR)

  04-03-2017 11:02 via feedproxy.google.com
  
  As Snap Inc. was preparing to take its shares public on Thursday, March 2, another company with a similar name was jumping.
  Snap Interactive, the owner of dating and messaging apps including Tinychat and FirstMet, surged 18%. Its so-called over-the-counter shares — traded without a centralized exchange — quickly fell when the parent company of Snapchat started trading. 
  That was not the first time that Snap Interactive's shares moved around major news announcements from Sna
  
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• UBS predicts Tesla will need to spend $8 billion to expand its Supercharger network (TSLA)

  04-03-2017 06:18 via feedproxy.google.com
  
  USB auto analyst Colin Langan and his team aren't Tesla bulls — they have a "sell" rating and a $160 price target the company's stock, which was recently pushing toward $300 per share. However, it's currently trading at about $250 per share. 
  Langan doesn't think Tesla will be able to make money on the forthcoming $35,000 Model 3, even though the company already has 400,000 pre-orders for the vehicle. 
  But in a note published Friday, he focused on another long-term headwind: the
  
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• Trump's trade policy violates basic rules of behavior we teach in kindergarten

  04-03-2017 02:34 via feedproxy.google.com
  
  In kindergarten, most children are taught lessons they are meant to carry through the rest of their lives. This is where they are socialized, and become humans capable of working with other humans.
  They learn lessons like,"treat others the way you want to be treated;" "don't bully;" and "play nice with others."
  The Trump trade agenda, which was published this week, violates all of those principles in the name of creating a more prosperous America.
  Worse yet, it erodes away at the fabric of
  
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