Sales & Marketing news

• 'Flying blind': Americans are left in the dark on state of the economy during a government shutdown

  28-12-2018 22:42 via feedproxy.google.com
  A partial government shutdown entered its seventh day on Friday.
  The Department of Commerce won't report economic figures until Congress reaches a funding compromise.
  Economists and political scientists say the lapse in data releases poses risks to the economy and to government institutions.
  Wall Street is having its worst December since the Great Depression. The largest economies in the world are preparing to negotiate a trade war. And legal experts are examining whether the chairman of the Fed
  
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• Stocks slide, remain on track for their worst December since the Great Depression

  28-12-2018 22:06 via feedproxy.google.com
  Stocks slid Friday, closing out a dramatic week.
  They remain on track for their worst December since the 1930s.
  Watch the US indexes trade in real time here.
  Stocks closed mostly lower following another choppy trading session Friday as Wall Street struggled to shake off concerns about a government shutdown, trade tensions, and the prospect of slowing growth, which have led to wild market swings in the final week of 2018.
  The Dow Jones Industrial Average fell about 75 points, or 0.3%. The S&P
  
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• Dell jumps in its return to the public market (DELL)

  28-12-2018 18:48 via feedproxy.google.com
  Dell jumped as much as 3.88% to $46 Friday as it returned to the public market.
  Dell reentered the public markets without going through the usual initial-public-offering process because it bought back shares tied to its interest in the software maker VMware.
  The acquisition faced strong opposition from billionaire activist investor Carl Icahn, who was VMware's second-largest shareholder. 
  For Dell, buying back DVMT was actually something of a Plan B. Originally, the company was floating the
  
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• PRESENTING: Art Cashin's annual Christmas poem featuring trade wars, the dilemmas of Sears and GE, and government shutdowns (GE, SHLD)

  28-12-2018 17:25 via feedproxy.google.com
  Art Cashin, director of floor operations at UBS, sent out his annual Christmas poem.
  The poem recaps the year's financial, political, and arts highlights.
  Legendary New York Stock Exchange floor trader and director of floor operations for UBS Art Cashin just published his annual Wall Street Christmas poem.
  As usual, he mentioned some of the year's financial highlights such as the trade wars and tariffs, as well as the dilemmas of iconic American companies Sears and General Electric.
  He also mour
  
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• Tesla has named two new board members — here’s the full list of company directors (TSLA)

  28-12-2018 16:51 via feedproxy.google.com
  Tesla has added two new board members, it said Friday: Larry Ellison and Kathleen Thompson-Wilson.
  The new appointments are part of Tesla's $20 million settlement with US regulators in September.
  Last month, Robyn Denholm replaced CEO Elon Musk as chairman of the board.Larry Ellison, the co-founder of Oracle, and Kathleen Thompson-Wilson, an executive at Walgreens-Boots Alliances, have been named to Tesla’s board of directors, the company announced Friday.
  The
  
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• Stop blaming the machines. Algorithms aren't causing the wild stock market swings.

  28-12-2018 16:49 via feedproxy.google.com
  Big fund managers tend to blame algorithmic trading when things go haywire in the stock market. 
  But there are other factors adding complexity to this argument: A boom in disparate trading platforms makes price discovery difficult, and low trading volume.
  "The electronification era remains one of the lowest-volatility periods on record despite the rise of high-frequency trading," according to trading news site Curatia.
  No, machines aren't causing all these wild stock market swings.The wild
  
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• A critical corner of the stock market is reflecting fears that the economy is slowing down (GS)

  28-12-2018 16:48 via feedproxy.google.com
  A handful of large bank stocks are cheaply valued right now. Some strategists say that bodes poorly for the broader market.
  The financials sector is the third-largest sector in the S&P 500, with a 13% weighting, behind technology (20%) and healthcare (15%).
  Banking conditions can be indicative of consumers' spending, lending, dealmaking, and other economic activity.
  Goldman Sachs and Citi shares are trading at a relatively low price-to-book ratio, a measure of their valuations that compares
  
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• Apple lost $9 billion buying back its own stock in 2018 (AAPL)

  28-12-2018 16:40 via feedproxy.google.com
  Apple spent nearly $63 billion on share buybacks in 2018 so far, not including the fourth quarter. 
  Some of those purchases were at the stock price of $222, but now it is trading at $156 per share.
  The value of Apple's buybacks is $9 billion less than when Apple purchased the stock, The Wall Street Journal reports.
  Apple announced $100 billion in buybacks earlier this year, and as much as 70% of the war chest hasn't been spent yet. Apple spent most of 2018 ravenously buying back its ow
  
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• Industry insiders are predicting a battle between the biggest hedge-fund names for top quant talent

  28-12-2018 16:26 via feedproxy.google.com
  Quants and data scientists are going to be on the top of hedge-fund managers' wish lists in 2019, recruiters say, despite poor performance from some of the most well-known quant funds in the space.
  Systematic strategies, which trade on algorithms, have been under attack from old-school traders such as billionaires Stanley Druckenmiller and Leon Cooperman, who say the strategies distort market signals.
  Poor performance in 2018 from quant funds big and small will make it possible for managers "to
  
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• 5 trends that could shake up the movie business in 2019

  28-12-2018 15:30 via feedproxy.google.com
  It was quite a rebound year for the movie business in 2018.
  After a year of big-budget duds and attendance hitting a 25-year low in 2017, seeing theaters full this entire year was a big morale boost for the industry.
  In fact, the domestic box office set a box office record with a $11.38 billion take (and still climbing). 
  But there were also big changes to the industry that will be felt in 2019 and beyond. The popularity of MoviePass has given a boost to movie ticket subscription plans (wh
  
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• 5 big trends that could shake up the movie business in 2019

  28-12-2018 15:30 via feedproxy.google.com
  It was quite a rebound year for the movie business in 2018.
  After a year of big-budget duds and attendance hitting a 25-year low in 2017, seeing theaters full this entire year was a big morale boost for the industry.
  In fact, the domestic box office set a box office record with a $11.38 billion take (and still climbing). 
  But there were also big changes to the industry that will be felt in 2019 and beyond. The popularity of MoviePass has given a boost to movie ticket subscription plans (wh
  
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• Tesla names Oracle founder Larry Ellison to board as part of SEC settlement (TSLA)

  28-12-2018 15:20 via feedproxy.google.com
  Tesla said in a filing on Friday that it had added two new board members: Larry Ellison and Kathleen Thompson-Wilson.
  The new appointments are part of Tesla's $20 million settlement with US regulators in September.
  Last month, Robyn Denholm replaced CEO Elon Musk as chairman of the board.
  Shares of Tesla spiked after the announcement. Follow the company's stock price in real time here.
  Tesla said in a filing on Friday that had named two new directors to its board, the Oracle founder Larry Elliso
  
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• Tesla is surging after naming Larry Ellison and one other independent director to its board (TSLA)

  28-12-2018 15:15 via feedproxy.google.com
  Tesla announced Friday that it has named Oracle founder Larry Ellison and Kathleen Wilson-Thompson, human recourses global chief of Walgreens Boots Alliance, as independent directors.
  The announcement fulfills a requirement from Tesla's settlement with the SEC.
  CEO Elon Musk recently stepped down as chairman as part of the settlement.
  Watch Tesla trade live.
  Tesla was surging early Friday, up as much as 4.28% to $329.67 a share, after the company named two independent directors to its board.
  The
  
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• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, APHA, AMZN, SBGI, DIS)

  28-12-2018 12:54 via feedproxy.google.com
  Here is what you need to know.Stocks surged more than 800 points in the final 2 hours of trading Thursday. The Dow Jones Industrial Average on Thursday erased a more than 600-point decline after 2 p.m. ET and finished higher by 260 points.
  The momentum set to continue on Friday. The Dow was set to open higher by 235 points, or 1%.
  2 types of investors are sending the market swinging wildly. Passive and momentum traders were behind the stock market's wild swings in December, according
  
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• Tech stocks got mauled this year — here's which ones got hit the hardest

  28-12-2018 12:04 via feedproxy.google.com
  2018 has been a rough year for tech investors.
  The sector got hit especially hard during the sell-off that occurred over the final few months of the year.
  Big US tech names, including the FAANG stocks, fell out of favor with Wall Street.
  Chinese tech and semiconductors were among the hardest hit during the selling.
  Over the past few years, betting on the tech sector and its most prominent companies was a winning strategy. But this year has been a different story.
  The stock market saw a brut
  
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• The stock-market boogeyman of Stanley Druckenmiller and other old-school traders is what hedge funds are hiring

  28-12-2018 12:03 via feedproxy.google.com
  Quants and data scientists are going to be on the top of hedge-fund managers' wish lists in 2019, recruiters say, despite poor performance from some of the most well-known quant funds in the space.
  Systematic strategies, which trade on algorithms, have also been under attack from old-school traders, such as billionaires Stanley Druckenmiller and Leon Cooperman, who say the strategies distort market signals.
  Poor performance in 2018 from quant funds big and small will make it possible for manager
  
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• Wild volatility, cybersecurity, and medical devices: These were the 11 best-performing ETFs of 2018 (VXX, TVIX, IHI, SH, IGV, UUP)

  28-12-2018 12:02 via feedproxy.google.com
  The best-performing exchange-traded products in 2018 included funds geared toward shorting stocks, going long volatility, and fighting cyber crime.
  Investors who were positioned for higher volatility were rewarded. The top performer, the exchange-traded note (ETN) VXX, exposes investors to futures contracts on the Cboe Volatility Index (VIX), which reflects implied volatility in the S&P 500.
  Business Insider compiled the 11 best-performing exchange-traded products (which include ETFs and ETN
  
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• Revolut, the UK's $1.7 billion star fintech, has big dreams as it takes on the American market

  28-12-2018 11:29 via feedproxy.google.com
  London's Revolut was founded only three years ago, but it already has 3 million customers and is aiming for 100 million customers in the next five years.
  The challenger bank is set to hit the US market in early 2019, and it says 75,000 people are already on the waiting list.
  "We want to one of the largest financial services companies in the world," CEO Nikolay Storonsky said.An app-based banking alternative in the UK valued at $1.7 billion has plans to grow even bigger. Just three years old, it'
  
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• Stories of 2018: How to …

  28-12-2018 01:00 via warc.com
  Reaching specific audiences, the use of different channels and content marketing were among the most-read topics during 2018 in WARC’s library of Best Practice papers.Despite many developed markets having ageing populations, marketers remain...
  
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