Buying and selling stocks

Facebook, Inc. ( FB ) stock rallied to a three-month high on Thursday after the company beat third quarter profit and revenue estimates. However, it was a mixed session because the social media giant gapped up and posted the day's high a few minutes after the opening bell before pulling back throughout the day and closing near the intraday low. The reversal highlighted hidden selling pressure while warning new investors that gains may be limited in coming weeks. Technical and political headwinds are likely to drive price action well into 2020, with massive overhead supply around $200 still in place after July 2018's 41-point sell gap and down day. The stock posted the highest selling volume in the past six years in that session, with shareholders hitting the sidelines after the company warned that privacy issues following the Cambridge Analytica scandal were taking a toll on user interaction. That loss of trust has spiraled into a series of international accusations and … [Read more...] about Facebook Upside Appears Limited Despite Strong Quarter

Stock investors who expect to rake in big profits on the soaring shares of Uber Technologies and Lyft when they go public should think again, according to a detailed analysis by industry expert Joseph Vitale. Deloitte’s global automotive practice leader, whose group delivers consulting, risk management, and other services to auto makers, suppliers, dealers, and car rental companies, and also advises governments, is not one of the wave of sell-side analysts waiting to market the two ride-hailing stocks. 4 Reasons to Be Cautious About Uber and Lyft Uber and Lyft are actually worsening the urban congestion problem. Ride hailing will become less convenient for consumers as congestion increases. Ride hailing isn’t as economically traffic-efficient as taxis. Ride sharing has declined among the heaviest users. Unicorns Valued at $120B and $19B The public debuts of America’s two leading ride-hailing rivals are among the most anticipated in 2019, as the volume of IPOs … [Read more...] about Read This Before Investing in Uber and Lyft IPOs

One of the questions I'm most often asked by CEOs is how to hire sales people. I've written a lot about recruiting and hiring at startups including my controversial post on whom not to hire and my rapid response to the flame war . I've also written extensively on sales and on which sales execs to hire and how to think about the different kinds of sales leaders . One of the questions I used to ask in any recruiting meeting for a senior hire or even a junior sales rep is as follows: "When you run sales campaigns do you prefer to A. Call high, and get passed down or; Of course there's no "right" answer but I'd like to persuade you that "calling high" will help you greatly shorten sales cycles and help you avoid wasting a lot of time on sales efforts that are not likely to close in the first place. If you don't have a good sales methodology already in place in your organization you might try reading that last link. … [Read more...] about How to Shorten Your Sales Cycle and Avoid Wasting Time

Laura Modi was sitting in a meeting when Sarah Hardy, her co-founder at the infant formula startup Bobbie , arrived with alarming news. "Very shocked, she says to me, 'The FDA is at the warehouse!'" recalls Modi. It was May 2019: T wo weeks after the launch of Bobbie's pilot . A team of nurses, lactation specialists, and doulas were traversing San Francisco, hand-delivering product to the company's earliest adopters. Bobbie's advisers had warned Modi that at some point they'd be inspected. But she never thought it would come so soon, before the fledgling business had even cracked its shell. At the warehouse, Modi and Hardy encountered two uniformed U.S. Food and Drug Administration agents, armed with clipboards, who had been alerted to Bobbie's launch by early press. The agents reviewed the contents of a box. The labeling, they informed the founders, did not comply with FDA requirements. "Talk about my heart dropping in my stomach," says Modi. To keep Bobbie … [Read more...] about How Infant Formula Startup Bobbie Survived an FDA Crackdown and Recall at Launch

- A + A KUALA LUMPUR (May 20): Mondelēz International, manufacturer of Cadbury Dairy Milk chocolate and OREO biscuits, has taken various measures to mitigate the effects of global cost-push inflation to ensure that its products remain affordable and of the same high quality, said managing director for Malaysia and Singapore Narmeen Khan. This is particularly with respect to transportation, packaging, edible oils, and dairy, as well as supply-chain bottlenecks, she told Bernama . Narmeen, who assumed the position in February 2022, said Mondelēz is not excluded from experiencing inflation across markets, including in Malaysia. "Due to the steep increase in costs across the entire value chain, particularly in commodities, logistics, and packaging, product repricing is one of the considerations, but as previously disclosed, we are taking proactive measures in 2022 to reshape our portfolio, with a focus on core products and best-selling items. "Other considerations … [Read more...] about Mondelez International to keep Cadbury chocs and biscuits affordable

Actress and television presenter Jasmine Suraya Chin is no stranger to swanky events, often photographed at film launches as well as fashion and beauty events, dressed impeccably in pretty dresses and classic ensembles. The Sarawakian personality has just wrapped up filming on one project, and will start shooting for another in June, but is currently focusing on her new food business, selling picked fruits through her business, Jeruk Jar. For events, Carolina Herrera is one of her go-to designers, but for everyday running around, she prefers a more dressed-down look, for comfort. Read more: Style Watch: Malaysian artiste Dafi dresses to his own tune Photo: Jasmine Suraya Chin “I have recently started a wardrobe revamp and have been dressing more on the bold side, where I experiment with different hairstyles and different styles,” says Chin. “My everyday look, I’m actually quite a simple person, I don’t like to think too much when I go out if it’s just for groceries, … [Read more...] about Style Watch: Actress Jasmine Suraya Chin shows versatility in dressing up