Sales & Marketing news

• US shale producers are killing any hopes of a recovery in the offshore oil drilling business (RIG)

  18-03-2017 21:30 via feedproxy.google.com
  
  The rise in oil prices from their lows in early 2016 to near $50 now should have caused a boom in drilling activity. But that's not what's happened.
  "While rig counts dropped from 1,499 to 536 in 2015, they did not recover alongside the price of oil in 2016," said Ihor Dusaniwsky of Wall Street analytics firm, S3 Partners, "dropping even further to 525 until finally rebounding slightly and hitting 609 in March."
  Last week, incidentally, Baker Hughes' US oil rig coun
  
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• Meet the 8 hedge fund managers who made the most money in 2016

  18-03-2017 21:09 via feedproxy.google.com
  
  It's no secret that hedge funds have not been doing well.
  2016 was an especially rough year for the once mighty kings of Wall Street.
  High fees and lackluster returns have forced many investors to pull their money out of hedge funds. The $3 trillion industry shrunk by about $70 billion last year, the biggest drop since 2009, according to data tracker HFR.
  But that doesn't mean that hedge fund managers, long known to be some of the wealthiest people on Wall Street, are on their way to the po
  
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• Venezuela is cracking down on 'bitcoin fever'

  18-03-2017 21:00 via feedproxy.google.com
  
  Venezuela's economy has seen its  currency, the bolivar, plummet as inflation has spiraled into the triple digits, causing people there to struggle to meet their daily needs.
  In response, some Venezuelans have chosen to cross international borders to stock up on needed supplies, as others turn to a black market where goods are often sold in US dollars.
  Another alternative that has gained traction is bitcoin, a cryptocurrency whose value wobbles frequently and which can be used for clandest
  
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• RANKED: The 14 countries that are the most optimistic about the future

  18-03-2017 20:05 via feedproxy.google.com
  
  Parents want their children to live in a better world than the one they grew up in.
  But today's slow-growing global economy has people across the world less certain that tomorrow's economy will provide a solid foundation for the next generation.
  Brunswick, the international advisory firm, has just released their global survey of over 40,000 people from 26 countries. 
  The survey spans generations, geographies and measures global sentiment on an array of topics such as globalization and autom
  
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• CREDIT SUISSE: Here are 5 reasons to like Nike (NKE)

  18-03-2017 18:37 via feedproxy.google.com
  
  It's time to like shares of Nike, according to Credit Suisse analysts Christian Buss and others.
  "We are becoming increasingly bullish on Nike as we see a series of incremental revenue catalysts that suggest the recent period of market share losses will moderate in 2017," they said.
  In fact, they say, there are already signs of optimism if one looks at enthusiasm for Nike's brand online.
  "Our online sentiment analysis with partner Netbase shows brand sentiment for Nike reaching peak levels over
  
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• A $5.5 billion hedge fund is stepping in where banks fear to tread — and making a killing

  18-03-2017 18:31 via feedproxy.google.com
  
  A $5.5 billion hedge fund is making a killing by stepping in to an area of business that European banks are pulling out of.
  Chenavari Investment Managers, a London-based hedge fund firm, says it is one of the main players buying loans from European banks.
  Those loans fund European businesses. After the financial crisis, European banks were forced to downsize their balance sheets and reduce lending. That has created a gap for asset managers to exploit.
  With that in mind, Chenavari launched a priv
  
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• JEFFERIES: 4 reasons Tiffany will continue to shine (TIF)

  18-03-2017 16:31 via feedproxy.google.com
  
  Shares of Tiffany & Co., the American luxury jewelry retailer, could rise further as the company's margins and earnings improve, according to Jefferies.
  Tiffany shares have risen almost 15% this year.
  "With a strong brand that has supported pricing power historically coupled with recent and future talent upgrades, we believe shares can still rise from here," said a team of Jefferies analysts led by Randal J. Konik.
  Their investment outlook was based on four catalysts.
  Fashion
  
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• Here's how the Fed raises interest rates

  18-03-2017 16:21 via feedproxy.google.com
  
  Banks give out money all the time — for a fee.
  When we borrow and then pay back with interest, it's how banks make money.
  The cost of borrowing — interest rates — makes a big difference on which credit card you choose or whether you get one at all.
  If your bank wants to make it more expensive to borrow, it's not as simple as just slapping on a new rate, as a grocer would with milk. That's something controlled higher up, by the Federal Reserve, America's central bank.
  Why
  
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