Sales & Marketing news

• This chart shows the actual — and perceived — number of immigrants in 9 countries

  19-08-2017 19:37 via feedproxy.google.com
  Anti-immigrant sentiment is on the rise across the US and Europe. 
  In the US, President Donald Trump has unveiled legislation intended to limit immigration to only high-skill workers. And the percentage of immigrants in the US is near an all-time high at 13.5%, according to nonpartisan think tank Migration Policy Institute. But the number of immigrants living in the US is nowhere near as high as people think it is, according to a chart by Deutsche Bank using data from th
  
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• ACE HARDWARE CEO: I'd never say we're Amazon proof, but here are 3 ways we can survive the retail apocalypse (AMZN)

  19-08-2017 18:30 via feedproxy.google.com
  Retail is in peril, and Amazon is a big reason why.
  But home improvement stores have enjoyed some protection from Amazon's encroachment into virtually every sector. They're sometimes described as being Amazon-proof in the media. 
  "I would never use the word 'proof,'" said John Venhuizen, the CEO of Ace Hardware.
  Amazon is "quite arguably the most disruptive company in the history of business and they impact everybody without question," Venhuizen told Business Insider.
  That Amazon can lose m
  
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• Tech 'unicorn' IPOs are booming

  19-08-2017 18:03 via feedproxy.google.com
  Highly-valued tech startups are going public at a pace not seen in three years.
  Four so-called "unicorns," or private companies valued at $1 billion or higher, completed initial public offerings in the second quarter. That was double what was seen in the first quarter, and equal to the number of unicorn IPOs for the entire year in both 2015 and 2016, according to data compiled by Goldman Sachs.These IPOs have seen mixed success. Here's a breakdown of the four former unicorns that made it to mark
  
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• Goldman Sachs has hired a former Silicon Valley executive to recruit tech talent (GS)

  19-08-2017 17:38 via feedproxy.google.com
  Goldman Sachs has hired a top Silicon Valley executive to help attract tech talent.
  Wall Street firms are digitizing their offerings and are competing with tech giants for engineering talent.
  Goldman Sachs is bringing on a Silicon Valley-insider to lure tech talent.
  The investment bank has hired Andrew Tout from Square, a San Francisco-based financial technology company, to help fill the bank with top engineering talent, according to Bloomberg. Tout will be joining the bank to fill a new positi
  
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• An activist hedge fund has reportedly amassed a $400 million stake in yogurt maker Danone

  19-08-2017 17:08 via feedproxy.google.com
  Activist hedge fund Corvex Management is loading up on shares of Danone, the $53 billion French conglomerate that sells yogurts like YoCrunch and Activia as well as Evian bottled water.
  Corvex recently bought a $400 million stake in Danone — known in the US for its Dannon subsidiary — claiming weak sales and stock performance of late have led investors to undervalue the firm, according to a Bloomberg report.
  Danone stock was up more than 4% through mid-afternoon Monday. 
  Corvex,
  
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• Stocks are looking unstoppable

  19-08-2017 17:02 via feedproxy.google.com
  The US stock market simply will not be defeated.
  Just two sessions after the S&P 500 tumbled 1.5%, its biggest decline since May, the benchmark ended Monday back within half a percent of its level before the North Korea-fueled sell-off.
  The S&P 500 edged an additional 0.1% higher on Tuesday.
  But why? Nothing particularly bullish is happening in the earnings world, and no overtly bullish economic data has been released.
  One explanation is that traders have simply pushed aside their
  
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• Snapchat is using the solar eclipse to show off the real potential of its maps feature (SNAP)

  19-08-2017 16:30 via feedproxy.google.com
  Snapchat spent $213 million to acquire Zenly, the French mapping app that powers the recently announced Snap Map feature.
  Snap Map allows you to see where your Snapchat friends on a map of the world. Friends are displayed using their Bitmoji avatars, which comes from another Snap acquisition.
  To celebrate Monday's upcoming solar eclipse, Snapchat is creating what it calls the first-ever "Actionmoji" tied to a moving event. The bitmoji of Snapchat friends who are in the path of the eclipse'
  
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• Millennials are finally buying homes and it means 'pent up demand' could last for years (HD)

  19-08-2017 16:30 via feedproxy.google.com
  Home Depot, America's largest home-improvement store, is counting on millennials to extend the US housing recovery.
  The US homeownership rate for people under 35 still trails other age groups for reasons including delayed marriage and record student debt. According to the Census Bureau, 35.3% of people in this age bracket owned homes in the second quarter, up from 34.1% a year ago.  
  Home Depot noticed this uptick in the increase of first-time homebuyers that visited its stor
  
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• How working at Goldman Sachs is different from a hedge fund job

  19-08-2017 16:24 via feedproxy.google.com
  Schonfeld Strategic Advisors' chief investment officer, Ryan Tolkin, used to work at Goldman Sachs and explains how the bank is different from working at a hedge fund. Following is a transcript of the video.
  The biggest thing is obviously the size of the firm and at Goldman you are, sort of, a cog in a much bigger wheel. And so, while you can make some very important decisions, ultimately, each of those decisions has less of an impact on the success of the overall firm. 
  When
  
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• It’s become almost impossible to figure out what Tesla is actually worth (TSLA)

  19-08-2017 15:47 via feedproxy.google.com
  • Valuations of Tesla vary wildly.
  • The company is fueled financially by a "story" about the future.
  • It could be a decade before it's possible to properly value the company.
  Generally speaking, investors want a precise assessment of what the companies they invest in are worth.
  Valuation is both art and science, of course, as there's never a guarantee that a company will perform better in the future than it has in the past. But analysts strive mightily to favor the science side
  
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• China and India are guarding against the preposterous

  19-08-2017 13:03 via feedproxy.google.com
  China and India have been locked in a military standoff in a remote section of the Himalayas for a couple of months. At first it appeared to be the latest of the minor clashes that have flared between the countries for decades. But this time it has lasted longer than usual. There are two questions to be answered. The first is what is the geopolitical interest, if any, that is driving the standoff? The second is why is it happening now?
  The geopolitical issue is that China and India are both heav
  
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• Billionaire Carl Icahn has quit advising Trump

  19-08-2017 12:21 via feedproxy.google.com
  Billionaire investor Carl Icahn is no longer advising President Donald Trump.
  Icahn, who had been an unpaid adviser, announced the move on Twitter late Friday afternoon.
  "Today, with President Trump’s blessing, I ceased to act as special advisor to the President on issues relating to regulatory reform," Icahn tweeted.
  His announcement follows that of several business titans who have distanced themselves following the president's comments equivocating white supremacists with counterproteste
  
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• Why Wall Street is so fixated on Gary Cohn's position in the White House

  19-08-2017 12:01 via feedproxy.google.com
  Markets tumbled on Thursday after rumors swirled that Gary Cohn, President Donald Trump's top economic adviser and formerly Goldman Sach's number two, was resigning.
  The S&P 500 slumped at around 10 a.m. ET, after the rumors began swirling on Twitter. Gold, a traditional safe haven trade, climbed as investors pulled into safety assets.The White House denied this was happening, and Cohn (as of the time this post was written) was still in. Still, Wall Street's jitteriness reflects fears t
  
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• Billionaire Carl Icahn is reportedly in 'legal jeopardy' for trying to influence Trump policy

  19-08-2017 03:00 via feedproxy.google.com
  Hours after billionaire investor Carl Icahn said he would no longer be advising President Trump, The New Yorker dropped a lengthy story on his efforts to change a policy that hurt a company he is invested in.
  The story, by Patrick Radden Keefe, said that Icahn could be in "legal jeopardy."
  “He’s walking right into possible criminal charges,” Richard Painter, a Bush administration ethics lawyer, told Keefe.
  Painter cited a federal statute that "makes it illeg
  
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