Advertisements

Cisco, Tilray, Aurora Cannabis, Alibaba, Trade Talks – 5 Things You Must Know

Here are five things you must know for Wednesday, May 15:

1. — Stock Futures Lower Amid Subsiding Trade War Worries

U.S. stock futures were lower Wednesday though sentiment was lifted by a softening of the rhetoric from Donald Trump in the U.S.-China trade war and suggestions that talks could resume in the coming weeks.

Download Now: To be a profitable investor you first need to know the rules. Get Jim Cramer’s 25 Rules for Investing Special Report

Markets also were soothed by weaker-than-expected economic data from China that pointed to not only slowing growth in the world’s second-largest economy but also a weakening bargaining position in Beijing’s trade standoff with Washington.

With Trumps describing the dispute with China as “a little squabble” on Tuesday, as well as confirmation from the U.S. Treasury that Secretary Steven Mnuchin will soon travel to Beijing to resume trade talks, markets were happy to add risk following Tuesday’s gains on Wall Street.

Contracts tied to the Dow Jones Industrial Average fell 85 points, futures for the S&P 500 declined 8.70 points, and Nasdaq futures were down 23 points.

The economic calendar in the U.S. Wednesday includes Retail Sales for April at 8:30 a.m. ET, the Empire State Manufacturing Survey for May at 8:30 a.m., Industrial Production for April at 9:15 a.m., and Oil Inventories for the week ended May 10 at 10:30 a.m.

2. — Cisco, Alibaba and Macy’s Report Earnings Wednesday

Alibaba Group Holding (BABAGet Report)  posted stronger-than-expected fiscal fourth-quarter earnings as consumer growth on its online marketplace surged and its tie-up with Starbucks (SBUXGet Report) , the world’s biggest coffee chain, helped boost revenue and its cloud computing sales surged.

Macy’s (MGet Report)  earned 44 cents a share on an adjusted basis in the first quarter, higher than estimates of 33 cents. Same-store sales rose 0.7% in the quarter vs. estimates that called for a decline of 0.6%.

Earnings reports are also expected Wednesday from Cisco Systems (CSCOGet Report) and Jack in the Box (JACKGet Report) .

Cisco is a holding in Jim Cramer’s Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells CSCO? Learn more now.

3. — Tilray Rises After Revenue Beat, Aurora Cannabis Slumps

Tilray  (TLRY) shares were rising 4% to $50.71 in premarket trading Wednesday after the Canadian cannabis company posted stronger-than-expected first-quarter sales, while its domestic rival Aurora Cannabis (ACBGet Report) slumped after revenue missed analysts’ forecasts amid caps on retail store growth in the Canadian market.

Tilray said first-quarter revenue rose 195% from a year earlier to $23 million, as sales in Canada surged following the country’s decision to legalize cannabis for recreational use. The adjusted loss in the quarter was 27 cents a share, wider than analysts’ estimates, after a 5.7% drop in the average price per kilogram sold.

CEO Brendan Kennedy also said Tilray was looking to further its partnerships with U.S. and international companies as the potential $150 billion global market for cannabis undergoes a generational change in both regulation and consumer acceptance.

“We’ve been inundated with contacts from Fortune 500 companies who are interested in exploring partnerships with Tilray,” Kennedy told investors on a conference call late Tuesday. “And it’s a range of companies from a broad variety of industries.”

“We’re also starting to have conversations with U.S. retailers who are interested in carrying CBD product in the second half of this year,” he added.

Aurora Cannabis, meanwhile, was tumbling 4.7% to $7.99 in premarket trading after its fiscal third-quarter revenue of C$75.2 million missed Wall Street forecasts of C$77.2 million and consumer cannabis sales were just under C$30 million as provincial regulators limited the number of retail outlets.

The company reported a loss attributable to shareholders in the quarter of $C158 million said Aurora Cannabis said it was “well positioned to achieve positive EBITDA beginning in fiscal Q4.”

Aurora Cannabis is in TheStreet’s Stocks Under $10 portfolio. To find out more about how you can profit from this investing approach, please click here.

4. — Walmart Considering IPO for U.K. Unit Asda

Walmart (WMTGet Report) is considering an initial public offering for its U.K. grocery subsidiary Asda, a listing that that could value the company at as much as an estimated 8.5 billion pounds ($11 billion), Bloomberg reported.

The news comes just weeks after U.K. antitrust regulators blocked a planned merger between Asda, Britain’s fourth-largest supermarket, and rival J Sainsbury.

“While we are not rushing into anything, I want you to know that we are seriously considering a path to an IPO,” Judith McKenna, the company’s international chief, told employees at an event in Leeds, according to a summary of the event provided by Asda. Any preparations for going public would “take years,” she said, Bloomberg reported.

5. — Nelson Peltz’s Trian May Wage Activist Campaign at Legg Mason – Report

Nelson Peltz’s Trian Fund Management may wage an activist campaign at Legg Mason (LMGet Report) and push the mutual fund company to improve its flagging results, The Wall Street Journal reported, citing people familiar with the matter.

It would be the second time in 10 years that Trian has targeted the mutual fund company, according to Reuters.

Trian recently has held discussions with Legg Mason about the need to cut costs and improve profit margins, the people told the Journal. The two sides may still negotiate a settlement that sidesteps a proxy fight, the sources added.

On a conference call with analysts Monday, Legg Mason CEO Joseph Sullivan said the company was moving to slash expenses.

“While there is much work to be done, we now have increased visibility into and have gained even greater confidence in our ability to deliver $100 million or more of annual savings now within two years,” he said.

By:

 

Source: Cisco, Tilray, Aurora Cannabis, Alibaba, Trade Talks – 5 Things You Must Know

Advertisements

DoorDash Is Now Worth Nearly As Much As Grubhub After $400 Million Funding Infusion

Investor appetite in food delivery companies is growing, notwithstanding a rash of customer complaints about how these startups pay contract workers. On Thursday, DoorDash announced it had raised another $400 million in a Series F funding round led by Temasek and Dragoneer Investment Group. The cash infusion brings DoorDash’s total capital raised to $1.4 billion, of which $978 million came from funding rounds in the last year.

Source: https://www.forbes.com/sites/bizcarson/2019/02/21/doordash-funding-400-million-grubhub-7-billion-valuation/#3df12b267e10

How To Extract Business Value From Data Science: It’s All About The Teamwork – Jack Soat

1.jpg

To make an impact at the enterprise level, the data science group can’t work in isolation, said Ian Swanson, Oracle vice president of machine learning and artificial intelligence product development, during a presentation at the recent Oracle OpenWorld conference. “In order to do data science right, it has to be a team sport,” said Swanson, former CEO of DataScience.com, which Oracle acquired earlier this year.

Team Members

One of the data science group’s most valuable teammates is the IT organization, for multiple reasons, he said. The DS group relies on IT to manage and secure the data it uses; support the needed analytics tools; and deliver ready access to scalable bandwidth, compute, and storage capacity to build and train production-oriented analytic models.

Another important ally is the application development team. Developers must incorporate the models DS builds into their “ecosystem” as regular features among the many they use to build production applications, Swanson said.

That points to a significant attribute of production-oriented models: reusability. An ecommerce recommendation engine, for instance, might be reused for forecasting an item’s revenue stream, he said. A key performance indicator for one technology company Swanson worked with on a DS project was “how often that model was used by other parts of the business,” he said.

Line-of-business managers are a valuable constituency as well, because they’re tasked with performing the actions—and getting the results—from applications that use analytic models. An underestimated advantage line-of-business managers bring to the analytics model-building process, Swanson said, is their domain expertise—their experiences working with customers.

As for the top brass, they don’t need “to be involved in every step of the model, but they need to understand how it will be used, the opportunities it offers, the things it can achieve,” Swanson said. “If you’re not involving the top, if they’re not part of the team, data science is not affecting the heart of the business.”

Awash in Tools

Because data science is the new darling of the technology marketplace, the number and variety of analytics tools are staggering. Swanson said he worked with a company whose DS team had accumulated 682 different tools. “How is IT managing 682 different tools?” he wondered.

Still, building predictive analytics models is complicated, requiring a “full stack” of tools, libraries, and languages—preferably open source, which encourages standards and self-service, Swanson said. As DS matures, its practitioners will have to comply with enterprise programming standards, in particular version control. “If you’re writing production code, you should be using some sort of system that encourages working together to follow best engineering practices, such as checking in code and making sure its reproducible,” he said.

But enterprise data science goes beyond programming. “It requires a platform that removes barriers to production, improves collaboration, manages the tool sprawl, provides self-service access to data, and helps with model planning and retention,” Swanson said.

Reliable Outputs

Calling data scientists “the architects and engineers of digital transformation,” Swanson noted that there are DS use cases “in every industry and function,” providing the means to generate “new business channels and new business models.” But achieving those goals requires the will—and a strategy—for extending the work data scientists can do as widely across the enterprise as resources will allow.

“It’s about creating a process that delivers reliable outputs to drive business outcomes,” Swanson said. “You need to put it into action—that’s real DS.”

 

 

 

Donate us if you like

The Annoying Habits of Highly Effective People – bartleby

1.jpg

ONE of the time-honoured tropes of writing on business is the detailed description of the life of a corporate titan. Readers are expected to marvel at the stamina of Tim Cook, for example. Apple’s chief executive rises at 3.45am to deal with emails. Spare a thought for his underlings, whose iPhones buzz at 4am every morning. Some subordinates may have the fortitude to sleep through it all; many will be guilt-tripped into answering the boss. Highly effective people often inflict all their idiosyncrasies upon their hapless juniors…….

Read more: https://www.economist.com/business/2018/09/29/the-annoying-habits-of-highly-effective-people

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

Entrepreneurship 8 Things NOT to do (Video Presentation)

How can you head “upwards and forward” as a business owner? By sticking to some core foundations.

How to Create a great mission and purpose statement?
How to create a company mission statement?
How to focus as a small business?
How to increase small business sales?
How to avoid lawsuits as a small business?
How to build momentum as a small business?
What’s the best advice for small businesses and entrepreneurs?

If everyone who reads our articles and likes it, helps fund it, our future would be much more secure. For as little as $5, you can donate us – Thank you.

The A-Z of How to Write a Business Proposal

How to Write a Business Proposal

Success for small businesses is about getting new business. That’s what a business proposal is designed to do. These tips help you to organize, put your best business foot forward and close deals when you get a request for proposal (RFP).

How to Write a Business Proposal

Meet with The Client

To understand what a client is really looking for you need to meet with them before you write the proposal up. This is the best way to get some general information about the business, its management and employees.

Brainstorm

Understanding the best approach means brainstorming some options within your small business. Here you’ll need to tackle on some practical items like how much to charge the client to make it worth your while. A good rule of thumb is to multiply the costs by 1.5 to account for any unseen issues.

Your team needs to tackle questions like who will do the work, what needs to be done, how it will be accomplished and what the scheduled milestones are.

Organizing all the information you’ve gathered is easy using digital tools like Evernote.

Start Writing

Once you gone through the previous steps you’re ready to start writing your proposal. Although some of the details might vary, most of these business proposals follow a traditional template.

Create an Introduction for Your Business

Here is where you introduce your company again to the potential client. Include the name of your company, the nature of your business, and a quick industry profile.

Restate the Issue

This is a good place in any business proposal to repeat the problem or issue that prompted your prospect to ask for a proposal in the first place. It’s a good idea to keep in mind that the tone and style make a big difference. Plain language is always better than more colorful words.

Remember the old adage that you don’t need to use a five dollar word when a five cent one will do.

Be Specific About Methods and Goals

Being specific helps when you outline the goals that you hope to accomplish. This is a part of any business proposal that other businesses are listening to closely. Outline the methods you’re going to use here to but remember to be direct and to the point.

Keep in mind you don’t want to leave anything out . It’s very important to go through each and every step in your methods.

Be Clear about Costs and Time to Completion

There’s more meat and potatoes stuff. Transparency is one of the biggest ingredients to landing any deal with a good business proposal. That means you’ll need to be clear about how much time each and every step will take and what it will cost.

Explain Why You’re Qualified

Here’s the part of your business proposal where you sell your company. Again, you want to keep away from flowery language and stick to the facts. Don’t forget to stick with plain English. Keep in mind here that if this is your first business proposal, writing in journalistic simple style might be a challenge.

Hiring a proposal writer can grease the wheels of the whole process so you close the deal quicker. If you’re planning on using graphs and charts, you might want to hire a freelance designer too.

By:

How I Stopped Mindlessly Buying Things

I was only just beginning to think about fast fashion and how strange it was that clothes appeared to be getting cheaper while the rest of life grew more expensive.

I learned from my year of no shopping and refined my ways. But in 2012, I noticed I’d replaced my ambling flaneuse shopper persona with she who magically buys crap on the internet. I would meander from my design work to a blog featuring something cute, and before I knew it, I’d have wasted an hour looking at (and occasionally purchasing) things I absolutely didn’t need. So I stopped shopping again. This time, instead of buying the things I wanted, I painted them.

It was a revelatory experience in that I realized there is absolutely nothing wrong with appreciating beautiful things. In fact, it’s hard not to appreciate beautiful things in a world saturated with them. In a world that’s increasingly good at showing you just the kind of beautiful thing you most want to acquire. In a world where people toil expertly to make you want things. Why did I feel guilty for feeling desire?

At the same time I was beginning to learn of fast fashion’s implications beyond my pocketbook, of the gross toll on people and planet the ubiquity of cheap pretty things was taking. Just by admiring a pretty dress in a window, I somehow felt complicit in the system that brings such cruelly wasteful stuff to said window.

Drawing my covets freed up the guilt I felt and often absolved me of desire. But you don’t have to draw the things you want to help stop the impulse buy. Anything that creates some time to pause and reflect about why you want that shiny new thingamajig can do the trick.

Sarah Lazarovic wrote this article for 50 Solutions, the Winter 2017 issue of YES! Magazine. Sarah is an artist and creative director. As a journalist, she’s worked for almost every publication in Canada, covering news and cultural events in comic form. In 2015, her live sketching of a Rob Ford speech won gold at the Online News Association awards. As a Massey Fellow at the University of Toronto in 2014, she studied behavioral economics and environmental sustainability. Her book, A Bunch of Pretty Things I Did Not Buy (Penguin 2014), is available at fine libraries everywhere.

%d bloggers like this:
Skip to toolbar