Sales & Marketing news

• We spoke to Wall Street's top young headhunters — here are their best pieces of advice for job candidates

  03-02-2018 21:11 via feedproxy.google.com
  Business Insider recently compiled a list of the top headhunters on Wall Street age 40 and under, and we asked many of them what they like to see from job candidates.
  We got a slew of useful tips for landing coveted positions on Wall Street.
  Transparency is crucial, one said: "Kids just not being honest with me or other recruiters — that, to me, is huge."Business Insider recently compiled a list of the top headhunters on Wall Street age 40 and under, and in the process we asked many of the
  
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• What a $2.8 trillion asset manager is watching for proof that the bull market in stocks is really over

  03-02-2018 19:25 via feedproxy.google.com
  The stock market got its first taste of some volatility in a while this week. 
  That's not something to be worried about yet, according to Michael Arone, the chief investment strategist at State Street Global Advisors, which manages $2.8 trillion in assets.
  He's watching the frequency of corrections, credit spreads, and real interest rates as indicators that the stock market is under duress. The stock market just got its first dose of volatility in a while.
  Before this week, the be
  
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• A tiny advisory firm with just 3 partners will earn a slice of the $80 million in advisory fees from the $17 billion Reuters-Blackstone deal

  03-02-2018 17:55 via feedproxy.google.com
  Blackstone just announced one of the largest leveraged buyouts in its history, paying Thomson Reuters $17 billion to take a 55% stake in its financial data business.
  A tiny investment bank out of London that has been around for less than a year was a lead adviser to Blackstone.
  Canson Capital Partners formed in early 2017 and has just five bankers, but it'll share in the pie of as much as $80 million in advisory fees on the deal.Blackstone just completed one of the largest leveraged buyouts in t
  
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• Dealmaking is off to a scorching start — and one Wall Street CEO says it could just be the beginning

  03-02-2018 17:50 via feedproxy.google.com
  Dealmaking is off to a hot start in 2018, with nearly $225 billion in mergers-and-acquisitions volume in January.
  Several ingredients are present that could keep M&A humming along, according to Lazard CEO Ken Jacobs.
  "Confidence levels in the boardrooms among CEOs is as good as I've seen it for a long time," Jacobs told Business InsiderWall Street firms expected a hot start for mergers and acquisitions in 2018, and that's exactly what unfolded in January.
  Many corporate boardr
  
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• BANK OF AMERICA: These 17 stocks could get crushed by higher interest rates

  03-02-2018 17:40 via feedproxy.google.com
  Interest rates are on the rise. 
  The Federal Reserve on Wednesday held its benchmark rate unchanged, as expected. But its statement had a more aggressive view on the path of inflation over the next year, solidifying the market's view that rates are likely headed higher.
  Concerns about higher inflation and interest rates were most evident earlier in the week, when stocks had one of their steepest drops since Brexit as the bond market also sold off.
  Bank of America Merrill Lynch has identifi
  
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• GOLDMAN SACHS: Now is the best time in a decade to invest in commodities — here's our top trade

  03-02-2018 17:20 via feedproxy.google.com
  It's the best time in a decade to invest in commodities, according to Goldman Sachs.
  The firm raised its six-month price targets on Brent crude oil and copper amid less supply, more demand, and lower inventories.
  The bullish outlook accounts for last year's rally, which has helped producers clean up their balance sheets and invest in future growth.There's been no better time since 2008 to invest in commodities, according to Goldman Sachs.
  Following a resurgence in oil prices last year, the firm'
  
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• MACQUARIE: Here's how to protect against 'grotesquely swollen financial markets' that will go haywire this year

  03-02-2018 17:09 via feedproxy.google.com
  Cross-asset measures of volatility have been at historically low levels for months.
  The role of global central banks has been shifted in recent months as they've become mostly concerned with keeping this volatility subdued, says Macquarie.
  Eventually, price swings will rock the market, and investors would be well-served to buy volatility in preparation for that.Traders, strategists, and market experts at large have for months lamented the lack of price swings in global markets.
  Volatility across
  
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• Wall Street's top headhunters say their industry is changing — here's what worries them the most

  03-02-2018 16:37 via feedproxy.google.com
  Business Insider recently compiled a list of the top headhunters on Wall Street age 40 and under, and we asked many of them about the greatest concern facing their industry.
  Many mentioned the impact tech and Silicon Valley was having on their business and Wall Street at large.
  On one hand, platforms like LinkedIn have encroached on their turf. 
  But many have also noticed top candidates flocking to tech companies instead of investment firms. Business Insider recently compiled
  
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• GOLDMAN SACHS WARNS: There's a 'high probability' of a stock market correction in the coming months

  03-02-2018 16:14 via feedproxy.google.com
  Goldman Sachs says conditions point to the stock market seeing a correction of 10% to 20% in the next few months.
  The bank is the latest Wall Street firm to express direct concern over equity valuations and warn against a potential weak patch.
  Ultimately, strategists are bullish on US stocks for 2018 and recommend that bulls add to positions on any first-half weakness.Add Goldman Sachs to the list of Wall Street firms growing increasingly skeptical about the stock market's record-setting run.
  Th
  
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• Stocks are facing a barrage of sell signals as the market's 'non-stop euphoric cabaret' rages on

  03-02-2018 15:11 via feedproxy.google.com
  A "non-stop euphoric cabaret" of stock sentiment indicators are flashing bearish right now.
  Bank of America Merrill Lynch chief investment strategist Michael Hartnett forecasts that the S&P 500 will decline roughly 6% before the end of the first quarter.Every week the stock market hits new highs. And every week the number of sell signals grows as conditions get more stretched.
  It's an inevitable result for a scorching-hot equity market that's enjoying overpoweringly strong sentiment. And it'
  
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• Tesla is making a mistake with its Model Y SUV — and it could spell trouble for the company (TSLA)

  03-02-2018 14:57 via feedproxy.google.com
  Tesla has always tried to sell sedans when the market wants SUVs.
  The Model 3 is a four-door, and we'll have to wait until at least 2020 for the Model Y SUV.
  It would be smart for Tesla to get a compact SUV to market as soon as possible.One of the big stories in the car business is the decline of the sedan and the ascent of the SUV.
  One of the other big stories is Tesla. Genius CEO, first new American car company in decades, electric vehicles, self-driving technology, sky-high stock price &mdash
  
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• GOLDMAN SACHS: These 14 stocks will crush the market as wages rise

  03-02-2018 14:08 via feedproxy.google.com
  Companies that have the lowest labor costs are poised to outperform, according to Goldman Sachs.
  The firm has identified 14 companies that are set to beat the market as wages increase.With extra cash on hand thanks to the GOP tax bill, companies are starting to sweeten the pot for their workers.
  Home Depot became the latest company to do so on Thursday, announcing that it would give hourly associates in the US a one-time cash bonus of up to $1,000. They joined JPMorgan, American Airlines, AT&
  
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• 'THE BEAR STILL SLEEPS:' Defiant investors are ignoring signals warning of a market meltdown

  03-02-2018 11:01 via feedproxy.google.com
  The stock market just had its worst week in about two years. 
  After a euphoric surge, and amid several warning signals, some investors think the selling could continue, but won't be strong enough to derail the bull market.  
  This week, strategists at firms from Bank of America Merrill Lynch to UBS advised clients to hedge against risk — just in case — but keep counting on economic growth to eventually lift stocks.Investors found few places to hide this week, when the s
  
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• Hedge fund Brevan Howard has had a solid start to 2018 after losing almost $4 billion in assets in 9 months

  03-02-2018 07:02 via feedproxy.google.com
  Brevan Howard, one of the world's largest hedge funds, lost almost $4 billion in assets in nine months, according to an analysis of client documents by Business Insider.
  The firm's flagship fund returned 2.65% this year through January 26, according to a person familiar with the numbers.Brevan Howard's assets have dropped by about $4 billion in nine months, according to an analysis of client documents by Business Insider. But it's had a solid start to 2018.
  As of the end of March 2017, the
  
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• The tech market 'law of gravity' reversed during the holidays and it could be the beginning of the end of the smartphone boom

  03-02-2018 02:27 via feedproxy.google.com
  Smartphone sales declined slightly in 2017, reversing a trend of rapid growth over the past decade.
  Meanwhile, PC sales grew in the fourth quarter of 2017. It's a sign the PC's decline has finally bottomed out.
  2018 could be a challenging year for smartphone manufacturers as they run out of room to grow.If you've been paying attention to the PC industry over the last decade or so, you're used to the same story: Traditional PC sales continue to decline as smartphone sales grow.
  As personal comput
  
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• Apple's making more money off the iPhone — even as it sold fewer of them (AAPL)

  03-02-2018 02:11 via feedproxy.google.com
  Apple sold fewer iPhones in the holiday quarter than it did a year earlier, a fact that in the past would have spooked investors and worried the company's fans. But not this time around. That's because even though it sold fewer phones, it made a lot more money off them.
  Boosted by sales of the company's new flagship, the iPhone X, which starts at $1,000, the average price consumers paid for Apple's smartphones jumped through the roof in the period. As seen in this chart from Statista, which is b
  
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• A 19-year-old who quit school to work at a $250 million startup says she was fired after complaining about 'objectification, marginalization, and harassment'

  03-02-2018 01:09 via feedproxy.google.com
  A former female employee of high-flying startup Ripcord said she was fired after reporting harassment and a toxic environment at the company.
  The former employee charged that Ripcord CEO discussed pornography in front of her and made a lewd comment about her.
  Ripcord said it is investigating the allegations.Last August, 19-year-old Perry Coneybeer faced a tough choice — go back to Northeastern University for her sophomore year or accept a full-time job with Ripcord, the San Francisco Bay A
  
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• 10 industries at risk from Trump's offshore oil and gas drilling proposal

  03-02-2018 00:30 via feedproxy.google.com
  In January, President Donald Trump proposed opening 98% of US waters to offshore oil and gas drilling.
  The proposal listed 47 potential leases for drilling between 2019 and 2024, including "19 sales off the coast of Alaska, 7 in the Pacific Region, 12 in the Gulf of Mexico, and 9 in the Atlantic Region," according to the US Interior Department.
  It has drawn criticism from politicians on both sides of the aisle because exploration methods and the potential for oil spills risk the environment and
  
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• Apple says a failed component on the logic board of some iPhone 7 devices caused a 'No Service' problem even when cell service was available (AAPL)

  03-02-2018 00:22 via feedproxy.google.com
  Apple said it will offer free repairs, and reimburse past repair bills, for iPhone 7s that suffer from an Airplane Mode glitch.
  The glitch was reported in September 2016 and caused phones that had been in Airplane Mode to have trouble re-connecting to cellular service.
  Apple said the problem was due to failed component on the device's main logic board.iPhone users suffering from a curious "Airplane Mode" glitch that surfaced more than a year ago received a measure of vindication on Friday after
  
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