Sales & Marketing news

• Everything is going exactly right for one group of stocks poised to smash record highs

  17-03-2018 19:07 via feedproxy.google.com
  As volatility has picked up in equities, it has become increasingly important to identify specific areas of the stock market poised for strength.
  Bank of America Merrill Lynch is highly constructive in the near term on one group that has everything going for it at the moment.
  When market sell-offs hit, it's usually the smaller, less liquid stocks that get hurt the most.
  But last month, when the stock market suffered its first 10% correction in years, the opposite happened. Large-cap companies ac
  
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• 'No places to hide': Global markets are undergoing a major change that's left investors at serious risk

  17-03-2018 18:10 via feedproxy.google.com
  For much of the past few years, investors have had plentiful options when it comes to hedging to the downside.
  Goldman Sachs argues that markets are going through a major change that's threatening traders' ability to feel safe in their investments.
  Whether you've been a staunch bull or skeptical bear over the past few years, there have always been places to hide if you want to get away from it all.
  Treasurys, gold, and safe-haven currencies like the Japanese yen and the Swiss franc have been rel
  
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• The head of a $1 trillion ETF provider shares a bold prediction for the record-shattering industry

  17-03-2018 17:14 via feedproxy.google.com
  The $4.5 trillion exchange-traded fund industry is shattering all sorts of records for growth.
  Martin Small, the head of BlackRock iShares for the US and Canada, has a bold prediction for the industry.
  How did we ever live without them?
  That's the first line of the annual investor letter from Martin Small, who's responsible for more than $1 trillion as the head of BlackRock iShares for the US and Canada. And it raises a question many people have been asking themselves about&n
  
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• We just got another sign that the stock market's biggest fear isn't playing out just yet

  17-03-2018 16:30 via feedproxy.google.com
  Two recent economic reports show inflation is picking up — but not as quickly as investors had feared. 
  The real concern was about whether the Federal Reserve would be moved to raise interest rates faster than expected. 
  The correction that rocked the stock market in February coincided with a report that showed the strongest wage growth since the recession — a sign of inflation.
  Wall Street got another sign Tuesday that its worst fears about inflation may have not yet been
  
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• Barclays has now run point on the 3 biggest debt deals in history — here's how it's able to punch above its weight class

  17-03-2018 16:11 via feedproxy.google.com
  After serving as joint active bookrunner on CVS Health's $40 billion debt deal last week, Barclays has now helped lead the three biggest bond offerings on record.
  Business Insider spoke with two Barclays bankers that ran point on the deal to understand how the firm has been able to land such roles. 
  Make it three of three for Barclays.
  The UK bank last week served as joint active bookrunner and marketing coordinator for CVS Health's $40 billion debt financing, the third-largest bond of
  
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• A throwaway comment in a conversation with Richard Branson hints at the future of Goldman Sachs (GS)

  17-03-2018 15:23 via feedproxy.google.com
  On Monday, Goldman Sachs announced that co-COO Harvey Schwartz would retire, setting the stage for David Solomon, his counterpart, to succeed Lloyd Blankfein as CEO.
  Reports suggest the transfer of power could come as soon as the end of this year.
  The position of Solomon, an unconventional Wall Street figure, as the heir apparent hints at cultural change at a firm that fancies itself the Google of Wall Street.
  In mid-February, one month before he became the heir apparent to Goldman Sachs CEO Llo
  
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• It just became a lot clearer who will replace Lloyd Blankfein at the top of Goldman Sachs (GS)

  17-03-2018 14:43 via feedproxy.google.com
  It is now a lot clearer who will replace Lloyd Blankfein at the top of Goldman Sachs.
  Harvey Schwartz, one of the bank's two presidents and chief operating officers, is retiring next month, the bank announced Monday.
  That leaves David Solomon, the other COO, as Lloyd Blankfein's heir apparent.
  And then there was one.
  Harvey Schwartz, one of the two men considered as the potential successor to Goldman Sachs CEO Lloyd Blankfein, is retiring next month, the bank announced Monday. That leaves David
  
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• 21 stocks set to surge as companies spend billions buying their own shares, according to Deutsche Bank

  17-03-2018 14:35 via feedproxy.google.com
  Several companies have said they plan to spend the gains from tax cuts on paying debt, capital investments, dividends, and buying back their stocks. 
  In recent years, share buybacks have been a key source of support for the stock market's gains. In 2018, buybacks are on pace to break their previous annual record, adding up to about $800 billion, JPMorgan analysts estimated. 
  "Our projection of a notable inflection in buybacks should provide a significant boost to the demand-supply gap
  
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• There’s been a big shakeup at the top of Citigroup’s stock trading business (C)

  17-03-2018 14:15 via feedproxy.google.com
  Citi's stock trading business is undergoing a shakeup.
  The firm's head of electronic cash trading in the US just left.
  As part of a reorganization of the unit, its US head of equity derivatives is getting promoted to global head of electronic cash and central risk.
  Citigroup’s stock trading division is undergoing a strategic reorganization, according to people familiar with the matter.
  Young Kang, the head of electronic cash trading in the US, has left the firm, according to people familia
  
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• ALBERT EDWARDS: The endgame for the global economy is arriving sooner than we expected

  17-03-2018 14:14 via feedproxy.google.com
  A trade war would bring forward the next financial crisis sooner than expected, according to the Societe Generale strategist Albert Edwards.
  For several years, Edwards has warned that "waves of deflation" will cause a 2008-style crisis.
  Albert Edwards says his bearish thesis for the economy may be unfolding sooner than he expected.
  The Societe Generale global strategist has long warned about the threat of deflation, driven by countries like China devaluing their currencies to make exports more a
  
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• Spotify is hemorrhaging money and it needs to become Netflix to stop the bleeding

  17-03-2018 14:00 via feedproxy.google.com
  Spotify's public filings revealed the company is spending most of its money on fees for licensed content and music royalties.
  Duncan Davidson, a general partner at venture capital firm Bullpen Capital, believes the company could stem the bleeding by becoming its own music label.
  Davidson says Netflix could be a prime example of what steps Spotify needs to follow.
  Spotify's direct public offering confirmed potential Spotify investors' biggest fear — that music rights and licensing
  
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• Elon Musk needs to make a big move to get Tesla's Model 3 on track (TSLA)

  17-03-2018 13:57 via feedproxy.google.com
  Tesla and SpaceX CEO Elon Musk has been taking a victory lap of sorts after a successful launch of the Falcon Heavy rocket.
  That's fine, but meanwhile, Tesla is at risk of falling well short of targets for Model 3 deliveries and production.
  Musk has gone all-in and slept at his factory before — and it might be about time to do that again.SpaceX's recent Falcon Heavy launch was a smashing success — all the more so because CEO Elon Musk turned his personal Tesla Roadster it the te
  
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• The Fed is stuck in a trap of its own making

  17-03-2018 10:01 via feedproxy.google.com
  Wall Street thinks Federal Reserve Chairman Jerome Powell could move toward holding press conferences at every policy meeting. 
  Currently, the Fed chairman speaks only after four of the central bank's eight meetings, which has led markets to rightly suspect no actions will be taken on non-press conference meetings.
  Because markets might interpret more press briefings as a signal of more aggressive interest rate hikes, Powell may have to wait until later in the year to make the announcement.
  
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• Facebook suspends Cambridge Analytica, a controversial data-analysis firm linked to the Trump campaign (FB)

  17-03-2018 04:20 via feedproxy.google.com
  Facebook announced on Friday that it has suspended the data-analytics firms, Cambridge Analytica and Strategic Communication Laboratories from its platform, for its handling of user data.
  "Protecting people's information is at the heart of what we do, and we require the same from people who operate apps on Facebook," a company executive said in a press release.
  President Donald Trump's campaign used Cambridge Analytica during the 2016 election as part of its voter-outreach operation.
  The firm ha
  
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• Boeing's struggling Air Force tanker program now has more problems

  17-03-2018 00:20 via feedproxy.google.com
  Additional high-profile problems have cropped up with the Air Force's new tanker, the KC-46 Pegasus.
  They add to other issues that have plagued the program, which is being developed by Boeing.
  Boeing has already incurred billions in pretax costs because of delays and technical problems.
  Boeing's KC-46 tanker program, long waylaid by technical issues, is now facing more "category one" deficiencies, adding to the problems the contractor has to fix and further endangering the tanker's delivery dead
  
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• BANK OF AMERICA: A small group of oil traders could come out of hibernation to catch the rest of the market off-guard

  17-03-2018 00:08 via feedproxy.google.com
  Strategists at Bank of America Merrill Lynch have identified some reasons why oil-market bears could soon "wake up from winter hibernation." 
  Oil traders' bullish price bets relative to bearish bets are near a record high. 
  "If they do, WTI crude oil prices could lose $5/bbl within just a few weeks," the strategists said. 
  Oil-market bears are in the minority. However, there's a good list of reasons for them to make a comeback, according to strategists at Bank of America Merr
  
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