Sales & Marketing news

• BANK OF AMERICA: Money managers love these 9 stocks

  08-07-2017 22:39 via feedproxy.google.com
  Bank of America Merril Lynch released its equity and quant strategy analysts' list of the most overowned stocks held by active managers.
  The list is a part of a new report on active manager holdings.
  According to BAML, the "overowned" list includes companies that meet the following criteria:"Stock is 1.5x or more than its weight in the S&P 500 in the fund manager composite, and more than 35% of funds in the sample hold the stock."The list ranges from tech giants like Alphabet
  
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• Baby boomers are nowhere close to reaching their retirement goals

  08-07-2017 20:40 via feedproxy.google.com
  
  Baby boomers are falling short of their retirement savings goals, and it could be due to their conservative approach to investing.
  According to a Legg Mason Investment Survey, US baby boomers — defined as ages 53 to 71 by Legg Mason —have on average $263,000 saved in defined contribution plans. But that figure is less than half of the $658,000 they say they will need to retire.
  Legg Mason Executive VP & Head of Product and Business Development Thomas Hoops points out that ba
  
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• One of the market's hottest trades just had its biggest day yet

  08-07-2017 20:02 via feedproxy.google.com
  
  One of the most popular — and controversial — trades in the stock market is showing no signs of slowing.
  An exchange-traded note betting that US stocks will essentially sit still for the next month saw record trading volume of $3.3 billion on Thursday, June 22, according to according to Macro Risk Advisors (MRA), a firm that arranges volatility trades.
  The surge in anti-volatility trading comes at a time when opposing bets on increased price swings are staying sub
  
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• The Fed is losing confidence in a key part of its policy

  08-07-2017 19:34 via feedproxy.google.com
  
  Federal Reserve officials raised interest rates in June despite worries about slowing inflation and job growth, largely because officials were still pretty sure the slowdown would quickly pass.
  However, minutes from last month’s policy meeting showed a growing number of policymakers are becoming reluctant about the need for continued monetary policy tightening given the weakening in the data.
  "Several participants expressed concern that progress toward the committee's 2% longer-run inflati
  
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• Wall Street is at war with traders over the future of bank stocks

  08-07-2017 19:03 via feedproxy.google.com
  
  One of the equity market's hottest industries isn't feeling the love from Wall Street.
  Bank stocks, which have surged an S&P 500-best 32% since the US presidential election, are seeing a disproportionately low number of buy ratings from research analysts.
  Only about 35% of bank stocks have a buy rating, while similarly outperforming areas like semiconductor and software companies are seeing roughly 60% of stocks get a bullish nod from analysts, according to data compiled by Strategas Resear
  
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• LeBron James and Sheryl Sandberg reveal secrets that helped them crush their careers on Business Insider's podcast, 'Success! How I Did It' — Here's how to subscribe

  08-07-2017 18:53 via feedproxy.google.com
  
  "Success! How I Did It" is Business Insider's podcast hosted by U.S. Editor-in-Chief, Alyson Shontell. Shontell interviews successful CEOs, entrepreneurs and business leaders about how they built successful companies, and the career paths that took them to the top. 
  Shontell has interviewed a range of people, from Sheryl Sandberg to LeBron James, the founder of Tinder to the founder of Buzzfeed, and many more. An archive of all of our episodes can be found on Acast and iTunes. We're a
  
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• MORGAN STANLEY: 8 stocks that could pop 10% while helping solve global issues

  08-07-2017 18:46 via feedproxy.google.com
  
  From electric vehicles to residential solar panels, sustainable trends are sweeping markets across the world.
  Morgan Stanley has taken note, and picked 8 US stocks that are best prepared to solve global problems—and deliver a punchy return to shareholders while doing so.
  "There are multiple sustainability mega trends that pose environmental and social challenges," the bank said in a note. "But the solutions can present financial opportunities for corporates and investors alike."
  
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• GOLDMAN SACHS: It looks like demand for Teslas has peaked (TSLA)

  08-07-2017 18:20 via feedproxy.google.com
  
  Demand for Tesla's Model S sedan and its Model X SUV appears to have peaked, Goldman Sachs analysts said as they downgraded their outlook for the company.
  Tesla on Monday said it delivered 22,000 vehicles in the second quarter, fewer than analysts including Goldman's David Tamberrino had expected. Deliveries slowed from a record of 25,000 cars in the first quarter amid issues with the largest battery pack for Tesla's electric cars.
  "We believe the excess production above deliveries, the discont
  
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• 'Do you want to see the car?': The story of the day that Tesla stunned the world (TSLA, F)

  08-07-2017 18:04 via feedproxy.google.com
  
  In early 2016, Ford was intensely preparing to stage a history-repeating assault on the 24 Hours of Le Mans in France.With two teams and four new Ford GT race cars competing in both North America and Europe, the goal was to grab a win at the grueling endurance competition and remind the world of Ford's 1-2-3 triumph in 1966 over Ferrari — 50 years before.But while Ford and Chip Ganassi Racing were battling it out on the track, another challenge was taking shape.In California, Tesla CEO Elo
  
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• Markets are overreacting to 'huffing and puffing' central bankers

  08-07-2017 18:02 via feedproxy.google.com
  
  Don't fear the big, bad central banker.
  That's the advice being offered by Bank of America Merrill Lynch (BAML), which sees investor anxiety creeping higher amid tightening monetary conditions, but doesn't necessarily agree with it.
  That nervousness has manifested itself in both equity and bond markets worldwide, which tumbled on Thursday amid renewed trepidation over central bank hawkishness.
  And while BAML understands the worry — after all, the unwinding of unconventional stimulus measur
  
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• Hedge fund titan Ken Griffin describes the 'incredibly humiliating' moment his firm nearly went under

  08-07-2017 17:32 via feedproxy.google.com
  
  Ignorance is bliss – except when it costs you and your clients billions.
  Ken Griffin, the billionaire founder of hedge fund titan Citadel, said that he didn't appreciate the fragility of the US banking system in the lead-up to the 2008 financial crisis – a blip that amounted to the "biggest mistake" of his career.
  "I did not forsee a day where the government had to intervene to bail out basically everybody," Griffin said in a video interview with Institutional Investor's Julie S
  
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• Snapchat has made ad skipping a feature of the app — and that poses an existential question (SNAP)

  08-07-2017 17:29 via feedproxy.google.com
  
  Snap has made easy ad skipping a feature of its Snapchat messaging app.
  That poses a critical challenge for marketers, who are turning to some long-tested tricks to make their campaigns blend in.Snapchat has to square its intentions as a chat app with fleeting messages with the demands of advertisers that need a way to see their promotions stick.NBA star Karl-Anthony Towns was shooting hoops a few weeks ago in a video shared on Snapchat Stories, the social-messaging video feature.
  It all looked
  
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• 7 startups that were massively funded that died in 2017

  08-07-2017 17:15 via feedproxy.google.com
  
  Where there's life, there's death, and Silicon Valley is no different. 
  For every billion dollar unicorn, there are endless numbers of start-ups that have passed into the ether — laying off their engineers in matching, branded t-shirts; closing down their game rooms filled with ping-pong tables; and leaving heartfelt goodbye notes for customers on their soon-to-be defunct websites.
  We're halfway through 2017 and already a group of startups that together raised $1.48 billion have
  
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• Trump's policies would make America's poor even poorer — and that's before health care and tax cuts

  08-07-2017 16:35 via feedproxy.google.com
  
  Trump’s vaunted "skinny" budget attacks many areas of US social spending, perhaps none more cruel than funding for programs that help the country’s poorest children. 
  His administration is proposing cuts to scores of programs that benefit disadvantaged youth, including food stamps, student loan access, and federal work-study opportunities.
  This appears to contradict Trump’s campaign assurances that he would give a voice to America’s underprivileged, those who had fel
  
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• How 2 startup founders with no product, no users and no real proof their company would work raised $3 million — then built a company worth $1.3 billion

  08-07-2017 16:22 via feedproxy.google.com
  
  Robinhood is a commission-free stock trading app that was recently valued at $1.3 billion. But when the company was first starting, there was very little proof the founders could pull it off.
  Vlad Tenev, cofounder and co-CEO of Robinhood, says his app could not get regulatory approval without having a sizeable amount of funding from venture capitalists. But most venture capitalists didn't want to give him money, because he had no product.
  "So there are capital requirements, which also make it m
  
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