Sales & Marketing news

• A top Goldman Sachs analyst is fighting a common misconception on Wall Street (GS)

  13-05-2017 23:13 via feedproxy.google.com
  
  Impact investing and sustainable investment solutions are becoming more and more popular on Wall Street.
  But there is a misconception that these solutions, which consider the environmental and social impact of investments, are not focused on getting the most return on investors' capital.
  Derek Bingham is the head of GS Sustain Americas, Goldman Sachs' US "research product team focused on global quality."
  Bingham's team seeks to identify the sustainability measures that best align with returns in
  
  Read more

• A man with ties to an arms dealer is behind a shaky startup that is raising money from mom-and-pop investors

  13-05-2017 18:22 via feedproxy.google.com
  YayYo is a startup that plans to be an aggregator for ride-hailing services like Uber and Lyft.
  It's heavily marketing its IPO on television, and implying investors could make millions.
  YayYo's founder has an unusual history involving an arms dealer, infomercials, charges of stock manipulation, and "Men Are From Mars, Women Are From Venus."
  "Ever heard of Uber or Lyft?"
  The man on TV has well-coiffed gray hair and looks directly into the camera. Behind him, there's a false backdrop of trading s
  
  Read more

• There's one part of this Trump-China deal that slaps a bunch of his supporters in the face

  13-05-2017 17:58 via feedproxy.google.com
  
  One part of the trade deal with China that President Donald Trump announced on Thursday is a total slap in the face to everyone who wanted him to be tough on China.
  As part of the deal, the United States will send a delegation to Beijing for a forum on China's "One Belt, One Road" infrastructure initiative.
  The initiative is meant to connect China to the world by building high-speed trains and highways in other countries.
  China thinks of it as a modern-day Silk Road — a form of soft power
  
  Read more

• An equity chief at one of Wall Street's biggest firms breaks down the hottest story in markets right now

  13-05-2017 17:31 via feedproxy.google.com
  
  The equity market is quiet — some might say too quiet.
  For evidence of that, look no further than the CBOE Volatility Index, or VIX, which serves as stock market fear gauge and on Monday closed at its lowest level since 1993.
  It's a development that has confounded Wall Street traders and strategists alike for weeks. They have debated whether the environment is as calm as it seems or whether the depressed VIX is masking a stock market shock brewing under the surface.
  John Manley, a chief eq
  
  Read more

• Advertisement

• New York landlords are running out of ways to keep rents sky-high

  13-05-2017 17:21 via feedproxy.google.com
  
  Manhattan landlords are doubling down on perks that encourage new tenants to sign leases and current residents to renew theirs.
  Concessions like one month of free rent more than doubled from a year ago in April to the second-highest level on record, to 28.6% of all new leases, a report released Thursday by Douglas Elliman Real Estate showed.
  At the same time, the median rental price including concessions — so-called net effective rent — fell by 1.8% to $3,309.
  "It may be a sign that
  
  Read more

• Elon Musk has discovered a new passion in life — and it could be Tesla's best product yet (TSLA)

  13-05-2017 16:07 via feedproxy.google.com
  
  Tesla CEO Elon is the best car salesman in history. And as CEO of SpaceX, he's declared his intention to retire on Mars.
  But what are supercar-fast electric vehicles and low-Earth orbits in the face of ... roofing.
  Against all odds, Musk has become perhaps the biggest booster in the history of the roofing business, thanks to a new Tesla product, the Solar Roof, that officially went on sale Wednesday.
  It's the first post-Solar City-acquisition product that Tesla is selling, and it sounds as if it
  
  Read more

• Comey's firing is a 'perfect example' of what Wall Street fears most about Trump

  13-05-2017 15:21 via feedproxy.google.com
  
  President Donald Trump unexpectedly fired FBI Director James Comey on Tuesday.
  Not even Comey saw it coming. He reportedly found out, as many other people had, via headlines on TV news channels.
  Trump said he acted on recommendations from the attorney general and deputy attorney general, who raised concerns about Comey's handling of last summer's investigation into Hillary Clinton's emails.
  Some Democratic lawmakers have described Trump's move as Nixonian, highlighting its political significance
  
  Read more

• There's a new front in the brutal battle among America's stock exchanges

  13-05-2017 15:11 via feedproxy.google.com
  
  There's a new front in the brutal battle among America's stock exchanges.
  Bats, which is America's second-largest stock market and is now a part of Chicago Board Options Exchange, is proposing an alternative to the closing auction at the end of the trading day. The proposal is a direct attack against the New York Stock Exchange and Nasdaq model, and it comes at a time when more and more trading is conducted at the end of the day.
  "The last years have seen primary market auction operators steadil
  
  Read more

• Advertisement

• This new app will alert you if important people like Trump or Mark Cuban start tweeting about a publicly traded company

  13-05-2017 14:30 via feedproxy.google.com
  
  Public company stocks can swing wildly when Donald Trump tweets about them, and Wall Street analysts are increasingly paying attention to how social-media chatter interacts with the market.
  One firm that helps Wall Street track the buzz on social networks is LikeFolio, which CNBC reported has had some success spotting turnarounds of companies like Chipotle and Under Armour.
  Now LikeFolio is bringing some of that insight to everyone by releasing an app, with partner TD Ameritrade, that lets
  
  Read more

• DIMON: 'Something went wrong, and the leaders collectively are responsible'

  13-05-2017 14:30 via feedproxy.google.com
  
  Jamie Dimon is worried about a lost generation. 
  The CEO and chairman of JPMorgan has spoken about a "national catastrophe" in education, and a generation that has been left behind.
  Business Insider spoke with Dimon on May 5, at the Alfred E. Smith Career and Technical Education High School in the South Bronx, New York. JPMorgan Chase had just announced a $6 million investment in the Bronx as part of its $75 million New Skills for Youth initiative.
  We talked about educat
  
  Read more

• Before Trump finishes his tax plan, he might want to go to Kansas

  13-05-2017 14:00 via feedproxy.google.com
  
  President Trump's tax plan doesn't have a lot of details yet, but Treasury Secretary Steven Mnuchin gave us one big clue — a proposed 15% business tax rate, a big drop from the current 35%.
  But ask some Kansans and you'll learn how that kind of tax cut could have serious unintended consequences.
  In 2013, as part of the state's largest-ever tax cuts, Kansas slashed its business tax rate down to 0%. It was supposed to spur economic growth.
  After all, if businesses have more money in hand, th
  
  Read more

• Bigger paychecks for US workers could be bad news for stocks

  13-05-2017 12:31 via feedproxy.google.com
  
  With the unemployment rate at its lowest level in a decade, slack in the labor market has all but evaporated. That leaves higher wages as the logical next step in the ongoing cycle of economic expansion.
  It's a cruel twist of fate for S&P 500 companies that have successfully resurrected profit growth from a five-quarter recession but now face the prospect of lower margins going forward.
  With margins for nonenergy companies having hovered near a record high for roughly the past three years, s
  
  Read more

Follow @sales_mrktinguk on Twitter!