Sales & Marketing news

• Here are the hottest industries for teens to find jobs this summer

  24-06-2017 19:48 via feedproxy.google.com
  
  Summer is here. 
  For teenagers, the time off from school could be an opportunity to earn some cash.
  The share of teenagers that work in the summer has fallen over the years. Data from the Bureau of Labor Statistics show that the share of those aged 16 to 19 who worked or looked for a job in July peaked in 1978, at 71.8%.
  It's more complicated than just wanting more free time: teens are studying for longer, some choose unpaid internships, and non-white teenagers are less likely to
  
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• COWEN: We counted at least 7 retail companies that can't get eaten up by Amazon (AMZN, COST, WFM, ROST, WMT, TJX, TIF, LVMH, BID)

  24-06-2017 17:30 via feedproxy.google.com
  
  Amazon spread its reach further into the retail industry on Friday when it announced its jaw-dropping acquisition of Whole Foods for $13.7 billion.
  The market's instant reaction — Amazon's shares rallied while those of its competitors tumbled — sent a clear message: Investors are bullish on Amazon's success in the delicate business of fresh-food delivery, and they're worried about its effect on established grocers like Target and Walmart.
  But at least seven retail companies' stocks a
  
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• This complex color-coded chart spells bad news for a lot of Wall Streeters

  24-06-2017 17:19 via feedproxy.google.com
  
  The stock research business is being upended.
  The trigger is the introduction of European regulations that call on brokers to distinguish between charges for executing trades, and providing investment research. 
  That's a big change. Stock research has historically been provided by so-called "sell side" banks without an explicit fee. The point is that research analysts are supposed to come up with winning ideas for a broker's clients, and the firm recoups the cost of the research t
  
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• Goldman Sachs' new online lending business has already hit a $1 billion milestone (GS)

  24-06-2017 16:40 via feedproxy.google.com
  
  Goldman Sachs launched Marcus, an online lending business for customers seeking loans of $30,000 or less, in October 2016.
  It was a departure from what Goldman Sachs is best known for, namely, wealth management, trading, and investment banking.
  And the business has already hit a $1 billion milestone, according to Goldman Sachs Lloyd Blankfein.
  Blankfein said in an interview on CNBC’s “Mad Money with Jim Cramer” that "we just crossed over a billion dollars."
  "By the end of this
  
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• The 9 GOP senators who will decide the fate of the Republican healthcare bill

  24-06-2017 16:33 via feedproxy.google.com
  
  The GOP healthcare bill faces an uncertain future in the Senate after its introduction this week.
  Even though Senate Majority Leader Mitch McConnell wants to vote on the Better Care Reconciliation Act (BCRA) by the end of next week, many Republican senators have not embraced the bill with open arms.
  Some more conservative senators want the bill to go further in its repeal of the Affordable Care Act, or Obamacare, and four members released a statement on Thursday saying they would vote
  
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• Left for dead, one of the most popular Trump trades is showing signs of life

  24-06-2017 16:01 via feedproxy.google.com
  The smallest companies in the stock market are making a big comeback.
  After rallying by as much as 19% in the months following the presidential election, the Russell 2000 index of small-cap stocks fell on hard times as hedge funds turned on the group.
  The index dropped 5% in just three weeks as large speculators built their largest short position on the group in six years, according to data compiled by the Commodity Futures Trading Commission.
  Those same hedge funds have since flipped the scrip
  
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• WHOLE FOODS CEO: We focused on employees at the 'expense of our customers' (WFM)

  24-06-2017 16:00 via feedproxy.google.com
  
  Over the years, critics of Whole Foods sardonically coined the nickname "Whole Paycheck," highlighting the steep prices of its high-end, organic fare.
  After the company's merger with Amazon, it seems Whole Foods CEO John Mackey is intent on improving its relationship with customers.
  In a town-hall meeting last Friday, the day it was announced that Amazon had agreed to buy the organic grocer for $13.7 billion, Mackey said his company had prioritized employees at the expense of customers —
  
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• Uber and Tesla are showing ominous signs that the era of auto disruption may be about to come to an abrupt end (TSLA)

  24-06-2017 15:37 via feedproxy.google.com
  •Uber's CEO departed and Tesla's head of Autopilot left in the same week.
  •The leading disruptors of the auto industry are experiencing severe challenges.
  •Investors and tech enthusiasts have insisted that transportation is about to undergo profound change — but maybe that won't happen.
  The much-discussed disruption of the traditional auto industry was itself disrupted this past week, as Uber CEO Travis Kalanick stepped down amid a storm of scandal and Tesla said goodb
  
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• Even if the Senate healthcare bill passes, it's headed straight for a wall

  24-06-2017 15:23 via feedproxy.google.com
  
  The future of the Senate Republican leadership's healthcare bill, released on Thursday, is already in doubt as at least five Republican senators have come out in opposition of the legislation in its current form.
  Even if Majority Leader Mitch McConnell successfully wrangles his members and gets the bill through, though, he would run into another wall: House conservatives.
  Despite substantial differences between the House's American Healthcare Act and the Senate's Better Care Recon
  
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• One of the largest hedge fund launches of the year is closing its doors to new money

  24-06-2017 14:20 via feedproxy.google.com
  
  One of the largest hedge fund launches of the year is closing its doors to new money.
  Holocene Advisors, a New York-based firm that launched in April, is closing to new capital, including from existing investors, on July 1, people familiar with the matter said.
  The firm is expected to manage around $2 billion, up from the $1.5 billion that it launched with three months ago. 
  It is not clear when the firm will reopen to outside money.
  Holocene's size was already big by current hedge fund lau
  
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• The most dangerous way to bet on stocks may get even riskier

  24-06-2017 14:02 via feedproxy.google.com
  
  Risk junkies rejoice.
  The New York Stock Exchange (NYSE) wants to make it even easier for traders to reap outsized gains on investments. The catch? They can lose that money just as fast.
  The NYSE's Arca subsidiary submitted a request to the SEC on Tuesday to allow the listing of two exchange-traded funds (ETFs) designed to return four times their underlying indices.
  While one fund will deliver quadruple the S&P 500's move on a given day — for better or for worse — the other is de
  
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• The chief market strategist at a $1.3 trillion investment firm breaks down Amazon's 'disruptive' Whole Foods deal

  24-06-2017 13:01 via feedproxy.google.com
  
  Amazon's blockbuster acquisition of Whole Foods was a $13.7 billion surprise.
  While research analysts across Wall Street quickly weighed in with takes on possible rationales and corporate synergies, there's no denying the market found itself upended, at least temporarily.
  Investors quickly piled into shares of both the target and the acquirer while hitting the escape valve for basically all other grocery retailers. It was a classic example of react now, ask questions later.
  And Quincy Krosby, th
  
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• JPMORGAN: One of the most popular cases against stocks right now is vastly overexaggerated

  24-06-2017 12:02 via feedproxy.google.com
  
  The S&P 500 is up 9% so far this year, and it would like to thank its most trusted allies: high-flying tech stocks.
  But the benchmark's reliance on mega-cap tech has come at a price. Market pessimists have frequently cited the highly-concentrated gains as a negative driver, arguing that while the ride higher is enticing, any unwinding can be swift and brutal.
  After all, just 10 companies have accounted for almost half of the benchmark's return this year.
  It's all a misconception, argues
  
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