We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market turmoil is last straw for asset managersState Street will slash its payroll by 6 percent. Both the selloff in stocks and outflows hit the company’s AUM in the fourth quarter. The investment industry is already reeling from fee pressure and turning to technology as the solution. That will mean plenty more pink slips.
Source: Breakingviews - 🏆 470. / 51 Read more »
Europe's cloud market is giving a big boost to U.S. giants like Amazon and SalesforceEurope is the fastest-growing region in the world for some U.S. cloud providers. Cool
Source: CNBC - 🏆 12. / 72 Read more »
Buying last year's biggest losers might be the way to beat the market this yearBuying the bottom third performers in the S&P 500 over the previous 12 months at the start of every year and screening out value traps has produced average annual relative returns of 2.6 percent since 1985, according to AB Bernstein. This might be the year to win on $GE Facebook is undervalued LT, hop on You must be careful with the enter point..
Source: CNBC - 🏆 12. / 72 Read more »
Citigroup is up first as big banks kick off fourth-quarter earnings seasonThe fourth-quarter earnings season will kick off in earnest next week, starting Monday when Citigroup Inc. offers numbers from the first of the big U.S. banks. Earnings will look more like 👇🏿 Long bitcoin short the banks.
Source: MarketWatch - 🏆 3. / 97 Read more »
In his last major interview, Jack Bogle gave a warning about this bull marketJack Bogle, founder of index fund giant Vanguard Group, warned investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies. Yeah but $NFLX earnings will show us how good the economy is doing
Source: CNBC - 🏆 12. / 72 Read more »
A multibillion-dollar deal is creating one of the world's largest real estate investment managersAsian real estate developer CapitaLand said it will acquire Ascendas-Singbridge, which would create one of the world's largest real estate investment managers. Seems just . But what of valuations ? The country is replete with junk .
Source: CNBC - 🏆 12. / 72 Read more »
Head of world’s largest asset manager says stock market has hit a bottom — but this would make it surgeLarry Fink, CEO of world’s largest asset management firm, BlackRock Inc., says that the stock market has probably put in a bottom but that for sentiment to take off the U.S.’s spat with China on trade needs to get resolved. you missed probably twitter so active about cryptocurrency and bitcoin but my choice is GetDeepOnion DeepOnion $ONION
Source: MarketWatch - 🏆 3. / 97 Read more »