Sales & Marketing news

• Checkout Gulfstream's next generation $45 million G500 private jet

  08-04-2017 22:50 via feedproxy.google.com
  
  Over the years, Gulfstream's line of long-range private jets have become synonymous with the pinnacle of luxury air travel. Last year, Business Insider had the opportunity to experience Gulfstream's former flagship, the $61.5 million G550, and it was simply incredible. At the top of the company's lineup is the $66.5 million G650ER ultra-long range executive that's capable of making the trip non-stop from Hong Kong to New York.
  And it isn't even the hottest new thing to emerge from the folks
  
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• JPMorgan is targeting Silicon Valley

  08-04-2017 22:44 via feedproxy.google.com
  
  JPMorgan chief operating officer Matt Zames is setting his sights on Silicon Valley.
  In a letter titled "Redefining the Financial Services Industry" in JPMorgan's 328-page letter to shareholders, Zames ran through the bank's tech strategy.
  Zames said attracting tech talent from Silicon Valley and technology firms is an integral component to that strategy. The letter said:
  "Attracting, retaining and developing top technology talent is paramount, and we cast a net far and wide to fi
  
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• Canada's 'Golden Triangle' is making a comeback

  08-04-2017 21:05 via feedproxy.google.com
  
  Many years ago, a remote and mountainous region in northwestern British Columbia gained considerable notoriety as an emerging mineral district. With a rich mining history, one of the world’s largest silver mines (Eskay Creek, discovered in 1988), and million ounce gold deposits – this area of incredible wealth became known as “The Golden Triangle”.
  However, despite its obvious potential, the vast majority of land in this highly prospective region has been left mostly unto
  
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• The death of brick-and-mortar retail could hit these 9 companies hard in 2017

  08-04-2017 20:44 via feedproxy.google.com
  
  The death spiral of traditional brick-and-mortar stores is having a ripple effect throughout the retail industry. 
  Pressure points underpinning the retail industry, such as the rise of e-commerce, have pushed some companies to the brink of bankruptcy. Others have responded by shutting down stores and laying off workers.
  As reported by Business Insider's Hayley Peterson on March 10, nearly 1,700 store closings have been announced since the beginning of 2017 by retailers such a
  
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• I tried to ask Yellen about the Fed leak — and the question echoed for longer than I expected

  08-04-2017 20:36 via feedproxy.google.com
  
  I once asked Janet Yellen a rather straightforward question that would echo for much longer than I expected.
  It was March 2015, and the Federal Reserve was under pressure from Congress to reveal details about an internal investigation into how key details of its interest rate policy deliberations had made their way into a report by a private sector firm.
  I was a reporter at The Wall Street Journal*, and I asked the following at a press conference:Let's make something clear: Like any journalist,
  
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• America's leadership of the global stock market is ending

  08-04-2017 19:21 via feedproxy.google.com
  
  The era of the US market's leadership among global stocks is ending.
  Since the bottom in March 2009, the S&P 500 has climbed by 254%, and investors who have been consistently putting their money into US companies enjoyed some nice returns on the way up. 
  "Economic data complemented by relative shifts in central bank policy suggests 2017 will be a year in which US risk assets relinquish their recent leadership to markets in the rest of the world," said Brian Nick, the chie
  
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• There has been a shake-up in trading at the world's largest hedge fund

  08-04-2017 19:19 via feedproxy.google.com
  
  There has been a shake-up in the trading department at Bridgewater Associates, the world's largest hedge fund.
  Jose Marques, head of trading at the firm, is in the process of leaving the firm, according to people familiar with the matter. 
  Meanwhile, Jeff Wecker, head of front office transformation, has left, according to people familiar with the matter. 
  Bridgewater has identified replacements for Marques and Wecker, according to one person. The people asked not to be identi
  
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• Morgan Stanley made an error analyzing Snapchat, and it shines a light on some big flaws in Wall Street research (SNAP)

  08-04-2017 18:20 via feedproxy.google.com
  
  On March 27, Morgan Stanley published an equity research note on Snap, the social media company it helped take public, putting a $28 price target on the stock.
  Almost a day later, the bank issued a correction, changing a range of important metrics in its financial model but not the $28 price target.
  That has some on Wall Street raising doubts about the research and equity research more broadly.
  Imagine the following scenario.
  A Wall Street investment bank has just led the biggest tech initial p
  
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• DIMON: 'We are creating generations of citizens who will never have a chance'

  08-04-2017 16:44 via feedproxy.google.com
  
  JPMorgan CEO Jamie Dimon is worried about labor-force participation.
  Dimon just published his annual shareholder letter, setting out his thoughts on JPMorgan's strategy as well as on broader issues of regulation and public policy. Included in the 46-page report was a section on labor-force participation and education.
  Dimon said he was concerned about the labor-force participation rate, particularly for men in their prime working years, ages 25 to 54. He highlighted the role of education in this
  
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• Here's Jeff Gundlach's full presentation on expensive stocks and the end of the Trump trade

  08-04-2017 15:29 via feedproxy.google.com
  The Trump reflation trade has peaked, according to DoubleLine Capital CEO Jeff Gundlach.
  Gundlach held a webcast on Tuesday about his firm's asset allocation strategy, and he broadly updated clients on his thinking about markets.
  If the reflation trade is over, returns from investments that were tethered to an expected boost to inflation because of President Donald Trump's economic policies may be muted.
  Gundlach sees inflation at 1.85% this year and does not think the 10-year yield will hit 3%.
  
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• Investors are paying college students' tuition — but they want a share of future income in return

  08-04-2017 15:27 via feedproxy.google.com
  
  Melissa Gillbanks is no fan of student loans, so when she was looking for a way to pay for her senior year at Purdue University, she was happy to sign away a portion of her future income in exchange for a very different way to raise cash for college. 
  "When I found out there was a way to pay for my education that couldn't potentially haunt me for life and rack up debt, I immediately told my father," Gillbanks said. Gillbanks decided she would finance part of her last year of school wi
  
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• DIMON: 'The United States of America is truly an exceptional country,' but 'something is wrong'

  08-04-2017 14:50 via feedproxy.google.com
  
  JPMorgan CEO Jamie Dimon is out with his annual letter to shareholders.
  The 46-page letter sets out Dimon's thoughts on a wide range of issues, including JPMorgan's performance and the prospect of changes to regulation. In a section on public policy, Dimon said that the US was "probably stronger than ever before" but that it was "clear that something is wrong."
  "Many economists believe we are now permanently relegated to slower growth and lower productivity (they say that secular stagnation is t
  
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• The first investor in Snapchat thinks bitcoin could realistically be worth $500,000 by 2030

  08-04-2017 11:05 via feedproxy.google.com
  
  Bitcoin has been the top-performing currency in the world in six of the past seven years, climbing from zero to a value of about $1,190.
  But the cryptocurrency isn't anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it's reasonable for bitcoin to explode to $500,000 by 2030. 
  Their argument is based on increased interest
  
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• Trump's immigration policies are opening a door to the Silicon Valley of the North

  08-04-2017 03:20 via feedproxy.google.com
  
  It's a startup founder's dream: a community of 2,500 early-stage tech companies, a government investing in high-tech innovation and expediting work permits, and venture-capital investment levels not seen since the heyday of the dot-com bubble.
  This isn't San Francisco, New York, or London — it's Toronto. And its bid to become the Silicon Valley of the North is now getting a boost from the Trump administration.
  Because Trump was elected US president partly on an anti-immigration campaign,
  
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• What the US strike on Syria could mean for oil

  08-04-2017 03:06 via feedproxy.google.com
  
  Oil prices spiked after the United States launched 59 cruise missiles at Shayrat airfield in Syria and nearby military infrastructure controlled by Syrian President Bashar al-Assad, in response to a chemical attack that killed at least 80 people in the northwestern part of the country on Monday.
  Both West Texas Intermediate crude, the US domestic benchmark, and Brent crude, the international benchmark, climbed to one-month highs in overnight trade.
  The oil price spike happened even though there
  
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• A top hedge fund manager who said he generated $7 billion in revenue is prepping his own fund launch

  08-04-2017 00:44 via feedproxy.google.com
  
  A star hedge fund manager who told colleagues that he had generated $7 billion in revenue is preparing to set up his own fund.
  Michael Gelband, who previously led the fixed income operation at $35 billion hedge fund Millennium Management, is laying the ground work to launch a fund with Hyung Soon Lee, Millennium's former equity chief, according to people familiar with the matter. 
  Bloomberg previously reported that Gelband might try and set up a fund with
  
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