Sales & Marketing news

• Chili's restaurants were hit by a data breach, compromising customer credit card information

  13-05-2018 22:22 via feedproxy.google.com
  Tex-Mex restaurant chain Chili's has been hit by a data breach.
  Its parent company has not yet confirmed how many customers have been impacted.
  At least 15 separate security breaches have occurred among retail companies since January 2017.
  Tex-Mex restaurant chain Chili's is the latest retailer to be impacted by a data breach.
  On Saturday, its parent company Brinkler International announced that customer credit and debit card information had been "compromised" in certain Chili's restaurants. It
  
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• An inside look at how Wall Street’s best stock picker fine-tunes his team to perfection — from personality tests to reading networks

  13-05-2018 22:12 via feedproxy.google.com
  Dennis Lynch, head of growth investing at Morgan Stanley Investment Management, was the top large-cap portfolio manager of 2017, and his funds have been dominating for years.
  He says he balances two elements while running his team of investors: culture and cognitive diversity.
  Those two core tenets inform some unique managerial techniques employed by Lynch, including personality tests and a reading network.
  "There's no right way to do this."
  Dennis Lynch establishes this early on when explaining
  
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• Why Disney rarely pays movie stars huge salaries

  13-05-2018 20:03 via feedproxy.google.com
  Disney has been the most profitable movie studio in Hollywood for several years — and remarkably, it hasn't had to pay hefty sums to its actors.
  The studio has proved that today's moviegoer is more interested in the characters in the movies than the actors playing them.But Ben Fritz, the author of "The Big Picture: The Fight for the Future of Movies," explains that actors in a successful Disney movie can still make serious bank — they just might have to wait a few movies. 
  On Tu
  
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• Hedge funds are making a dangerous bet — and history suggests it's going to blow up in their faces

  13-05-2018 19:13 via feedproxy.google.com
  Hedge funds and other large speculators are currently holding their largest-ever short position on one of the market's most closely watched assets.
  History suggests that positioning to this degree will be detrimental to their long-term prospects, since it's acted like a contrarian indicator in the past.
  In the world of investing, it's usually a troublesome development when a position gets too popular.
  Pundits prefer to use the word "crowded" to describe these trades, which can quickly escalate i
  
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• One of the largest bitcoin hedge funds killed it in April - but it still got showed up by passive funds

  13-05-2018 18:45 via feedproxy.google.com
   Pantera Capital made a big comeback in April, thanks to a boom in the crypto markets. 
   Still, a number of small passive index fund beat the $1 billion fund manager. 
  Pantera Capital, one of the largest cryptocurrency hedge funds, made a big comeback in April, according to documents reviewed by Business Insider. 
  The firm's Digital Asset Fund gained 46.2% in April, riding a bullish surge across the market for digital currencies. That's a big turn around for the fund, wh
  
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• Pompeo says American companies could invest in North Korea if Kim Jong Un meets US demands

  13-05-2018 18:22 via feedproxy.google.com
  US Secretary of State Mike Pompeo said Sunday the US would allow American private sector investment in North Korea if it complies with President Donald Trump's demands for denuclearization.
  This week, President Donald Trump welcomed home three Americans who were being held as political prisoners in North Korea, and announced the date and time of his highly anticipated meeting with Kim Jong Un.
  White House national security adviser John Bolton and US Senator Lindsey Graham also commented on poten
  
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• Bridgewater, the world's biggest hedge fund, says a crucial market driver is at 10 o'clock — and forecasts widespread pain once it gets to 12

  13-05-2018 18:17 via feedproxy.google.com
  Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on one crucial market driver, according to a note to clients reviewed by Business Insider.
  The hedge fund reportedly recently shifted to a net short position on US equities.
  On the surface, Bridgewater Associates' performance last month looks unremarkable.
  Sure, the $150 billion firm's flagship fund lost 1% in April, but it's still up about 4% over the first four months of the year, according to a Bloomberg report.
  So
  
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• 'Infinity War' wins the weekend box office for a 3rd consecutive weekend — and it's now the 2nd-fastest to half a billion domestically (DIS)

  13-05-2018 17:42 via feedproxy.google.com
  "Avengers: Infinity War" wins the box office for a third straight weekend.
  The movie is the second fastest ever to cross the half-billion mark at the domestic box office.
  Disney/Marvel Studios' plan to bump up the release of "Avengers: Infinity War" (or was it Robert Downey Jr.'s idea?) a weekend earlier than originally planned has worked out perfectly.
  The movie was always destined to make an incredibly large amount of money its opening weekend, but instead of one weekend between the latest Mar
  
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• The stock market's recovery is one of the slowest on record — here's why that could be foreshadowing the next crash

  13-05-2018 17:13 via feedproxy.google.com
  US stocks are taking their sweet time recovering from the 10% correction that rocked markets earlier this year.
  This labored rebound worries The Leuthold Group, which explains how market conditions could be foreshadowing the next crash.
  When stocks hit a rough patch, the amount of time they take to fully recoup those losses can provide a valuable hint as to how healthy the market truly is.
  Which is why recent findings from The Leuthold Group paint such a stark picture for US equities r
  
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• Bitcoin exchanges are stepping up their game to lure high-speed traders like Virtu and Citadel

  13-05-2018 16:45 via feedproxy.google.com
  The cryptocurrency market is known for a profusion of cryptocurrency exchange venues. 
  To compete for business from large trading firms, some crypto exchanges are building out their infrastructures to look like traditional equities exchanges.
  Exchanges such as Gemini and Coinbase have begun supporting block trading. 
  Some crypto exchanges are rolling out new liquidity programs and considering co-location and other market structure developments, according to executives. 
  Crypto exc
  
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• Bonuses are about to soar across Wall Street — and a group left for dead might wind up the biggest winner

  13-05-2018 16:34 via feedproxy.google.com
  Bonus compensation is expected to rise across nearly every Wall Street business this year, according to a report by the consulting firm Johnson Associates.
  After a rough performance in recent years, stock trading has bounced back and is expected to see the biggest gains, with bonuses climbing as much as 15%. 
  Bonuses are expected to soar across Wall Street, and stock traders, after several rough years, are on track to see the biggest gains, as the return of market volatility has helped revi
  
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• Meet April Underwood, Slack's chief product officer who is helping it get ready for a new cycle of growth

  13-05-2018 16:30 via feedproxy.google.com
  After more than two years at Slack, April Underwood recently got promoted to be its chief product officer.
  The Texas native has helped head up product teams at tech companies for more than a decade, with previous stints at both Google and Twitter.
  Now it's her job to help Slack prepare for its next phase of growth. When Slack CEO Stewart Butterfield asked April Underwood to be the company's first-ever chief product officer earlier this year, she wasn't surprised.
  For most of her time at the
  
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• 'It didn't produce anything:' Warren Buffett uses $10,000 to demonstrate why buying gold is much worse than buying stocks

  13-05-2018 16:29 via feedproxy.google.com
  At Berkshire Hathaway's annual meeting 2018 on Saturday, Warren Buffett compared $10,000 invested in gold and stocks in 1942 to demonstrate why he's always been bullish on buying the latter. 
  "For every dollar you could have made in American business, you'd have less than a penny of gain by buying into a store of value which people tell you to run to every time you get scared by the headlines," Buffett said. 
  Warren Buffett has been a strong advocate of investing in the stock mark
  
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• Amazon is hurtling headfirst into the housing industry amid plans to use Alexa for smart homes (LEN, AMZN)

  13-05-2018 16:15 via feedproxy.google.com
  Amazon and homebuilder Lennar announced on Wednesday that they're collaborating on a series of model homes that will be fully technology enabled.
  The houses will make heavy use of Amazon's Alexa technology, which residents will be able to use to control the TV, lights, thermostat, and shades, among other things.
  While Amazon's entry into other industries has wiped out billions of dollars of competitor market value, homebuilders remain relatively unperturbed.
  Amazon is leaving no stone unturned i
  
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• Big money investors are defying Bank of America as they freak out about a possible recession

  13-05-2018 15:14 via feedproxy.google.com
  Big fund managers are increasingly sounding the alarm on a possible recession, according to data compiled by Bank of America Merrill Lynch.
  The firm explains why this conflicts with its core economic view, and warns against fleeing the market too soon.As equity markets bounce back from their latest bout of turbulence, it may seem like investors are feeling confident about the prospect of further gains.
  But beneath the surface, Bank of America Merrill Lynch finds that the market's biggest money m
  
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• Wall Street is getting nervous about a red-hot part of the market

  13-05-2018 14:24 via feedproxy.google.com
  Emerging markets were relatively resilient in the face of a rising dollar and higher interest rates — until recently.
  MSCI's indexes of EM currencies and stock markets have experienced several straight weeks of declines.
  The Federal Reserve is expected to raise interest rates next month, and possibly twice more later this year.
  A lot that can go wrong for emerging markets has gone wrong this year.
  The US dollar has regained all of its losses for this year. US interest rates have continued
  
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