Interview https://www.benzinga.com/views/taxonomy/term/125566 en In Sports Retail, Expect A Challenging Year https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11016696/in-sports-retail-expect-a-challenging-year <p>For sports retail, 2018 will likely be remembered as a year of transition.&nbsp;</p> <p>What does that mean? Expect slow or stagnant growth as the industry addresses key issues.&nbsp;</p> <p>Plagued by significant markdowns, shifting consumer tastes and an oversupply of off-trend products, <a href="https://www.npd.com/wps/portal/npd/us/blog/2018/sneakernomics-sports-retail-predictions-for-2018/">2017 was a disappointing year for </a>the sector, and investors should not expect dramatic improvement anytime soon.</p> <p>&ldquo;I think it is going to be a challenging year for sports retail. I don&rsquo;t think we are out of the doldrums yet. We are still a couple years away,&rdquo; industry expert Matt Powell told Benzinga.</p> <h3> <strong>The Law Of Unrequited Demand</strong></h3> <p>The biggest challenge facing the industry is that sportswear has moved from being an aspirational business to a race to the bottom on price. The industry will face hurdles over the next few years in reclaiming the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/17/10/10128122/industry-expert-abandoning-the-scarcity-model-has-hurt-">unrequited demand that many core brands once possessed</a>.</p> <p>&ldquo;We need to get back to the days that the business was driven by great product,&rdquo; Powell said.</p> <p>&ldquo;The industry needs to get back to the aspiration and inspiration it once had. When kids wanted the shoe because it was special and were willing to ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11016696/in-sports-retail-expect-a-challenging-year alt=In Sports Retail, Expect A Challenging Year>Full story available on Benzinga.com</a></p> ADDYY Analyst Color GCO Matt Powell News NKE NPD Group PMMAF retail sports retail UAA VFC ZUMZ Retail Sales Sports Top Stories Exclusives Analyst Ratings Trading Ideas Interview General ZUMZ US9898171015 GCO US3715321028 NKE US6541061031 VFC US9182041080 ADDYY US00687A1079 PMMAF UAA News Analyst Color Retail Sales Sports Top Stories Exclusives Analyst Ratings Trading Ideas Interview General Benzinga Sun, 14 Jan 2018 15:43:22 +0000 Brett Hershman 11016696 at https://www.benzinga.com Facebook Wants To Make Your News Feed More Friendly: Here's What That Means For Everybody https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11026175/facebook-wants-to-make-your-news-feed-more-friendly-her <p>Who can complain about troll disempowerment, more meaningful social interactions, and time better spent? Wall Street can.</p> <p><strong>Facebook Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>)&rsquo;s upcoming <a href="https://www.benzinga.com/news/18/01/11024280/facebook-to-deprioritize-media-business-posts-in-news-feed-expects-user-time-to-">News Feed updates</a> inspired a 5.6-percent pullback in the stock and forfeited analyst confidence.</p> <h3> <strong>What The Changes Mean</strong></h3> <p>The new strategy will involve deprioritizing the posts of businesses and publishers, which could <a href="https://www.wsj.com/articles/facebook-considers-prioritizing-trustworthy-news-sources-in-feed-1515714244">threaten engagements </a>and stunt ad revenue. It might also bear negative implications for Facebook, itself.</p> <p>Management concedes that it&rsquo;s essentially taking one for the team.</p> <p>&ldquo;By making these changes, I expect the time people spend on Facebook and some measures of engagement will go down,&rdquo; CEO Mark Zuckerberg wrote in a Thursday post. &ldquo;But I also expect the time you do spend on Facebook will be more valuable.&rdquo;</p> <p>Zuckerberg professed optimism that the shift will ultimately improve Facebook&rsquo;s performance. &ldquo;If we do the right thing, I believe that will be good for our community and our business over the long term too,&rdquo; he added.</p> <h3> <strong>What Analysts Say</strong></h3> <p>Analysts were less enthused. Considering that average usage is already declining, Pivotal Research reiterated its Sell rating and forecasted 18-percent price plunge.</p> <p>&ldquo;It&rsquo;s hard to say how much this will impact usage,&rdquo; Pivotal analyst Brian Wieser told Benzinga. &ldquo;I characterize it as a headwind on revenue. Unclear if or to what degree it will impact revenue negatively.&rdquo;</p> <p>However, while asserting near-term risk to growth, Wieser affirmed in a note that the ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11026175/facebook-wants-to-make-your-news-feed-more-friendly-her alt=Facebook Wants To Make Your News Feed More Friendly: Here&#039;s What That Means For Everybody>Full story available on Benzinga.com</a></p> Analyst Color Brian Wieser Facebook News Feed FB GOOGL Instagram Mark Zuckerberg Michael Stelzner MSFT News News Feed Pivotal Research SNAP social media Social Media Examiner TWTR Psychology Top Stories Exclusives Analyst Ratings Tech Trading Ideas Interview General MSFT US5949181045 FB GOOGL US38259P5089 TWTR US90184L1026 SNAP News Analyst Color Psychology Top Stories Exclusives Analyst Ratings Tech Trading Ideas Interview General Benzinga Sat, 13 Jan 2018 15:56:32 +0000 Elizabeth Balboa 11026175 at https://www.benzinga.com The Strength In Emerging Markets Has Some On Wall Street Very Excited https://www.benzinga.com/markets/emerging-markets/18/01/11021688/the-strength-in-emerging-markets-has-some-on-wall-street-ver <p>Emerging markets were on the rebound Thursday after two consecutive days of decline, resuming a two-year rise and justifying the Street&rsquo;s enduring enthusiasm.</p> <p>&quot;What it&#39;s starting to show is that the economies around the world are starting to do pretty well,&rdquo; JJ Kinahan, TD Ameritrade&#39;s chief market strategist, told Benzinga. &ldquo;The U.S. was the prettiest girl at the dance for a long time. It still is, but the other economies are improving around the world.&rdquo;</p> <p>The year started off well for developing economies. Short interest on the <strong>iShares</strong> <strong>MSCI Emerging Markets Indx (ETF)</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eem#NYSE">EEM</a>) hit a <a href="https://www.bloomberg.com/news/articles/2018-01-09/no-one-s-afraid-of-the-big-bad-rally-as-equity-euphoria-abounds">year low</a>, according to IHS Markit, and developing economy <a href="https://www.benzinga.com/trading-ideas/long-ideas/17/12/10948822/a-bond-etf-idea-using-local-currencies-for-2018">currencies </a>struck their highest rates in nearly five years.</p> <p>&ldquo;Now, we have seen a total reversal, with people having a hard time even imagining how the market could decline,&rdquo; Morgan Stanley said in a note. &ldquo;We must admit the speed and relentlessness of the move is a bit troubling.&rdquo;</p> <h3> <strong>Where Can The Markets Go?</strong></h3> <p>Shahzad Hasan, an emerging-market debt manager at Allianz Global Investors, told Bloomberg he expects the assets rally to be stunted by inflation-related selloffs in U.S. Treasuries in the long term, but things look rosy for the time being.</p> <p>&quot;I am not worried about an EM selloff,&quot; Hasan said. ...</p><p><a href=https://www.benzinga.com/markets/emerging-markets/18/01/11021688/the-strength-in-emerging-markets-has-some-on-wall-street-ver alt=The Strength In Emerging Markets Has Some On Wall Street Very Excited>Full story available on Benzinga.com</a></p> DXJ EEM EWJ JJ Kinahan Mark Yusko Morgan Creek Capital TD Ameritrade Emerging Markets Markets Media Interview General DXJ US97717W8516 EEM US4642872349 EWJ US4642868487 Emerging Markets Markets Media Interview General Benzinga Sat, 13 Jan 2018 15:52:48 +0000 Elizabeth Balboa 11021688 at https://www.benzinga.com A Reputation Expert's Advice For H&M After Racially Insensitive Clothing Scandal https://www.benzinga.com/news/18/01/11020740/a-reputation-experts-advice-for-h-m-after-racially-insensitive-clothing-scandal <p>In an age of weaponized social media, when a brand like <strong>H&amp;M Hennes &amp; Mauritz AB ADR</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hnnmy#OTC">HNNMY</a>) releases an offensive advertisement, the shockwaves are felt around the world.</p> <p>The clothing retailer often demonstrates that it undertakes corporate responsibility activity and works hard to convey a socially responsible message, but the latest &ldquo;Jungle Monkey&rdquo; ad displayed an extreme lack of oversight, reputational expert&nbsp;<a href="https://www.benzinga.com/news/17/04/9290049/how-united-airlines-can-repair-its-reputation">Nir Kossovsky</a>&nbsp;told Benzinga.</p> <p>The image in H&amp;M&#39;s online store showed a black child wearing a hoodie with the text &quot;coolest monkey in the jungle.&quot;</p> <p>The retailer <a href="http://about.hm.com/en/media/news/general-news-2018/h-m-issues-unequivocal-apology-for-poorly-judged-product-and-ima.html">issued a statement </a>Tuesday apologizing for the post and said it had been taken down, and that the hoodie was pulled from the market and will be recycled. H&amp;M said the offensive post was an accident.</p> <p>&quot;Our position is simple and unequivocal &mdash; we have got this wrong and are deeply sorry,&quot; the statement said in part.</p> <p>&quot;Jungle monkey&quot; was one of the most-searched terms ...</p><p><a href=https://www.benzinga.com/news/18/01/11020740/a-reputation-experts-advice-for-h-m-after-racially-insensitive-clothing-scandal alt=A Reputation Expert&#039;s Advice For H&amp;M After Racially Insensitive Clothing Scandal>Full story available on Benzinga.com</a></p> brands clothing H&M HNNMY Nir Kossovsky retailer Psychology Top Stories Exclusives Interview General HNNMY Psychology Top Stories Exclusives Interview General Benzinga Thu, 11 Jan 2018 20:39:46 +0000 Brett Hershman 11020740 at https://www.benzinga.com Looking To Start A Blockchain Business? Ripple Founder Chris Larsen Has One Piece Of Advice https://www.benzinga.com/general/education/18/01/11020416/looking-to-start-a-blockchain-business-ripple-founder-chris-larsen- <p>Blockchain enthusiasm is all too common on Wall Street, inspiring hollow or <a href="http://www.benzinga.com/news/17/12/10941016/want-your-stock-to-rally-just-mention-bitcoin-or-blockchain">half-baked announcements</a> of new corporate priorities.</p> <p>But maybe your firm&rsquo;s ambitions go beyond a PR headline. Maybe your professed interest is sincere, but your strategy is lacking.</p> <p>Ripple Co-Founder and Chairman <a href="https://www.benzinga.com/fintech/17/10/10200651/fintech-godfather-chris-larsen-shares-his-secrets">Chris Larsen</a> has been where you are, and the experienced <a href="https://www.benzinga.com/fintech/18/01/10990065/blockchain-as-a-service-takes-shape">blockchain </a>builder has a tip.</p> <h3> <strong>Finding A Purpose</strong></h3> <p>The most important step, according to Larsen, is finding a purpose &mdash; a product-market fit, a problem to solve.</p> <p>&ldquo;A lot of people particularly in ...</p><p><a href=https://www.benzinga.com/general/education/18/01/11020416/looking-to-start-a-blockchain-business-ripple-founder-chris-larsen- alt=Looking To Start A Blockchain Business? Ripple Founder Chris Larsen Has One Piece Of Advice>Full story available on Benzinga.com</a></p> Benzinga Fintech Summit Blockchain Chris Larsen ripple XRP Entrepreneurship Movers & Shakers Top Stories Tech Trading Ideas Interview General Entrepreneurship Movers & Shakers Top Stories Tech Trading Ideas Interview General Benzinga Thu, 11 Jan 2018 18:59:25 +0000 Elizabeth Balboa 11020416 at https://www.benzinga.com Death Of A (Real Estate) Salesman https://www.benzinga.com/news/18/01/11010078/death-of-a-real-estate-salesman <p>Industries that&nbsp;<a href="https://www.benzinga.com/news/17/06/9554381/will-short-term-rentals-kill-the-timeshare-industry">thrived off a lack of transparency</a> are destined to encounter significant disruption.</p> <p>The traditional real estate agent model is a key offender &mdash; primarily due to the<a href="http://fortune.com/2016/11/27/real-estate-trends-2017/"> fragmented nature of the business</a>&nbsp;&mdash;&nbsp;and buyers and sellers are forced to split the standard 6-percent commission. With the amount of research and knowledge available to a consumer before ever stepping into a prospective home to buy or sell, it&#39;s clear the industry is ripe for some change.</p> <p>Alex Doubet shared the frustration felt by many homebuyers who felt they paid too much to an agent or received less-than-desirable service. Doubet is the founder of <a href="https://doorhomes.com/">Door Homes</a>, a Dallas-based flat-rate <a href="https://www.benzinga.com/investing/real-estate-investment/">real estate brokerage</a> that charges $5,000, no matter the size or cost of the home.</p> <p>&ldquo;I think the real estate agent is dead and the industry just hasn&rsquo;t realized it yet. The days are numbered. Agents are interpreters of information as opposed to gatekeepers. The information asymmetry is gone &mdash; a majority of people buy a house on their own now,&rdquo; Doubet told Benzinga.</p> <p>&ldquo;This is the equivalent of the e-commerce movement. Real estate is the last thing you buy and sell that hasn&rsquo;t been rocked by e-commerce.&quot;</p> <h3> <strong>&#39;If You Don&#39;t Like That House, We&#39;ll Just Go Find Another&#39;</strong></h3> <p>Doubet&#39;s business provides a transparent pricing ...</p><p><a href=https://www.benzinga.com/news/18/01/11010078/death-of-a-real-estate-salesman alt=Death Of A (Real Estate) Salesman>Full story available on Benzinga.com</a></p> Alex Doubet AMZN Door Door Homes IYR Paul French REIT VNQ Top Stories Exclusives Interview Real Estate IYR US4642877397 VNQ US9229085538 AMZN US0231351067 REIT Top Stories Exclusives Interview Real Estate Benzinga Thu, 11 Jan 2018 16:37:43 +0000 Brett Hershman 11010078 at https://www.benzinga.com What's Coming Up On PreMarket Prep For January 11 https://www.benzinga.com/trading-ideas/previews/18/01/11018419/whats-coming-up-on-premarket-prep-for-january-11 <p>On today&#39;s edition of <a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a>, we&#39;re discussing earnings from <strong>Delta Air Lines, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dal#NYSE">DAL</a>), <strong>SS&amp;C Technologies Holdings, Inc.&#39;s </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssnc#NASDAQ">SSNC</a>) acquisition of <strong>DST Systems, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dst#NYSE">DST</a>), and a big upgrade to<strong> Restoration Hardware Holdings, Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rh#NYSE">RH</a>).&nbsp;</p> <h3> Featured ...</h3><p><a href=https://www.benzinga.com/trading-ideas/previews/18/01/11018419/whats-coming-up-on-premarket-prep-for-january-11 alt=What&#039;s Coming Up On PreMarket Prep For January 11>Full story available on Benzinga.com</a></p> DAL DST PreMarket Prep RH SSNC Previews Pre-Market Outlook Markets Media Trading Ideas Interview DAL US2473617023 DST US2333261079 SSNC US78467J1007 RH Previews Pre-Market Outlook Markets Media Trading Ideas Interview Benzinga Thu, 11 Jan 2018 13:02:50 +0000 Benzinga Newsdesk 11018419 at https://www.benzinga.com Mama Don't Take My KODAKCoin Away: What Photographers And Crypto Experts Think Of Eastman Kodak's ICO https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11017032/mama-dont-take-my-kodakcoin-away-what-photographers-and <p>Life as a 21st-century artist ain&rsquo;t easy.</p> <p>&ldquo;So many photographers are hesitant to post things online because all you have to do is copy and paste,&rdquo; Jessica Dietz, a Detroit photographer and instructor at Oakland Community College&rsquo;s Photography Lab, told Benzinga. &ldquo;It&rsquo;s a huge problem. You can put in the metadata of the file that this is your image, but it doesn&rsquo;t necessarily mean users will follow that, and it&rsquo;s very hard to police.&rdquo;</p> <p><strong>Eastman Kodak Company Common New</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kodk#NYSE">KODK</a>) is trying to toss the &ldquo;starving artist&rdquo; community a bone.</p> <p>The firm <a href="https://www.benzinga.com/news/18/01/11009477/with-kodakcoin-kodak-launches-a-cryptocurrency-for-photographers">announced</a> Tuesday the upcoming launch of <a href="https://www.kodak.com/kodakone/default.htm">KODAKOne</a>, an image rights management platform to facilitate licensing sales with signature <a href="https://www.benzinga.com/coin/">cryptocurrency</a>; monitor IP use across the web; and enforce payment of unlicensed content. The KODAKCoin &quot;allows participating photographers to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and sell their work confidently on a secure blockchain platform.&quot;</p> <h3> <strong>&lsquo;It&rsquo;s A Good Thing&rsquo;</strong></h3> <p>The new technology is meant to improve the photo-tracking process and accountability among licensers.</p> <p>&ldquo;I think helping with the image rights and managing so photos can&rsquo;t be used [without authorization] is good,&rdquo; Marc Dixon, agent at <a href="https://www.verticalreps.com/">Vertical Reps</a> in Bloomfield Hills, Mich., told Benzinga. &ldquo;The web use of imagery has always been a difficult thing for us, because anybody can pull things off a site, and to track it down and personally monitor use is difficult.&rdquo;</p> <p>Joe Gall, a Detroit photographer known colloquially as &quot;Camera Jesus,&quot; agrees.</p> <p>&quot;I think it&#39;s a step in the right direction now that so much unique content is created daily and just uploaded to the web,&quot; Gall said. &quot;As a photographer, it&#39;s easy to be taken advantage of as potential clients use our work without proper licensing. I would be very interested to see where my work is being used without my knowledge.&quot;</p> <h3> <strong>The Drawbacks</strong></h3> <p>But whether it&rsquo;s the right solution is hard to tell.</p> <p>&ldquo;I love the aspect of paying for the KODAKOne protection because they&rsquo;re going to be searching for companies or individuals using your image without permission, but the paying for it part is where I&rsquo;m not sure,&rdquo; Dietz said.</p> <p>Dietz is wary of the auto payment process, which could open photos for unwanted applications. For example, a photographer may find their ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11017032/mama-dont-take-my-kodakcoin-away-what-photographers-and alt=Mama Don&#039;t Take My KODAKCoin Away: What Photographers And Crypto Experts Think Of Eastman Kodak&#039;s ICO>Full story available on Benzinga.com</a></p> Analyst Color Blockchain Camera Jesus Cryptocurrency ICO initial coin offering Jeff Clarke Jessica Dietz Jim Angel Joe Gall KODAKCoin KODAKOne KODK Kris Nelson LBCC Marc Dixon Matt Levine News SRAX Top Stories Exclusives Tech Interview KODK SRAX LBCC News Analyst Color Cryptocurrency Top Stories Exclusives Tech Interview Benzinga Thu, 11 Jan 2018 12:24:37 +0000 Elizabeth Balboa 11017032 at https://www.benzinga.com Even Alabama Republicans Disagree With Attorney General Jeff Sessions' Views On Marijuana Legalization https://www.benzinga.com/news/18/01/11015638/even-alabama-republicans-disagree-with-attorney-general-jeff-sessions-views-on-m <p>Attorney General Jeff Sessions&rsquo; views on cannabis became more evident than ever last week when he made public his decision to repeal the Cole Memo, an Obama-era memorandum that has essentially protected state-legal cannabis businesses from federal prosecution.</p> <p>While this move didn&#39;t surprise anyone, the following information may come as a shock: Sessions&rsquo; position on marijuana might not even be representative of his home state, Alabama, often considered a conservative, deep-South red state.</p> <p>Among people in 21 urban and non-urban counties surrounding Birmingham and analyzed by the <a href="http://www.greenmarketreport.com">Green Market Report</a>, 60.2 percent of people support the legalization of marijuana for medical and/or recreational purposes, according to a new <a href="http://www.greenmarketreport.com/alabama-jeff-sessions-home-state-supports-cannabis/">study</a> conducted by <a href="http://www.consumerresearcharoundcannabis.com">Consumer Research Around Cannabis</a>.&nbsp;</p> <p>Even more interestingly, among the Birmingham-area people who self-identified as &ldquo;conservatives&rdquo; in the poll, 55.3 percent said they support cannabis legalization for medical and/or recreational use. While surprising, this figure makes sense in the context of Gallup&rsquo;s <a href="http://news.gallup.com/poll/221018/record-high-support-legalizing-marijuana.aspx">latest poll</a>, which revealed that 51 percent of Republicans across the U.S. supported full legalization of weed.</p> <p>To make things even worse for Sessions, only 13.9 percent of the Birmingham respondents were decisively opposed to marijuana legalization. &ldquo;Not even his own state supports him. If Jeff Sessions continues in this position, he can really damage the Republican agenda,&rdquo; said Cynthia Salarizadeh, ...</p><p><a href=https://www.benzinga.com/news/18/01/11015638/even-alabama-republicans-disagree-with-attorney-general-jeff-sessions-views-on-m alt=Even Alabama Republicans Disagree With Attorney General Jeff Sessions&#039; Views On Marijuana Legalization>Full story available on Benzinga.com</a></p> AAPC ABBV ACBFF Alabama Amanda Ostrowitz APHQF attorney general Bradley Blommer Canabis CANN cannabis cannabis news CannaRegs CARA CBDS CNBX Cole Memo Consumer Research Around Cannabis Cynthia Salarizadeh Ganja Green Light Law Group Green Market Report GWPH IIPR INSY Jeff Sessions Jeffrey Stein Kate McKinnon legal marijuana legal weed marihuana marijuana marijuana laws marijuana legalization marijuana legalize marijuana news marijuana states med marijuana medical medical cannabis medical marijuana medicinal marijuana MJNA MJX MSRT pot PRMCF Recreational Marijuana Roy Moore Salar Media Group Saturday Night Live Sessions SMG THC THC THCBF TRTC TWMJF weed weed legalization weed news weed plant XXII ZYNE Politics Top Stories Exclusives Interview General SMG US8101861065 THC US88033G1004 MJNA US58463A1051 TRTC XXII ABBV INSY GWPH CARA CANN CBDS TWMJF CNBX MJX AAPC MSRT ZYNE THCBF ACBFF APHQF PRMCF IIPR Politics Top Stories Exclusives Interview General Benzinga Thu, 11 Jan 2018 12:10:47 +0000 Javier Hasse 11015638 at https://www.benzinga.com Stressing About When And How To Pay Your Debts? Pefin's AI Assistant Is Here To Help https://www.benzinga.com/fintech/18/01/11016535/stressing-about-when-and-how-to-pay-your-debts-pefins-ai-assistant-is-here-to <p><em>Benzinga is proud to introduce the <a href="http://www.benzingawomensforum.com/">Benzinga Women&#39;s Wealth Forum</a>, a space where women can learn how to empower themselves through financial technology and be inspired by the stories of powerful women in finance.</em></p> <p><em>Ahead of the March 22 <a href="http://www.benzingawomensforum.com/">event</a>, we&#39;re highlighting the stories of our speakers, some of the leading women in the financial services industry.</em></p> <p><em>Our next installment is an interview with <a href="https://www.pefin.com/">Pefin</a> founder <strong>Ramya Joseph</strong>.</em></p> <p><strong>Give us the elevator pitch for your company.</strong></p> <p>Pefin is the world&rsquo;s first Artificial Intelligence (AI) financial advisor. The platform provides intelligent, unbiased and personalized financial planning and advice. Pefin&rsquo;s mission is to look after the financial best interests of users in a way that embraces the unique individuality of their lives.</p> <p>The platform offers:</p> <ul> <li> 1. Long-term Financial Planning services, including a complete Financial Plan</li> <li> 2. Financial Advice, including savings and debt management strategies</li> <li> 3. Investment Advice and Portfolio Management Services</li> <li> 4. Real-time monitoring, updates, and curated financial literacy content for each user</li> </ul> <p>Pefin takes into account each user&rsquo;s current financial situation and future plans, incorporating their financial behavior to offer comprehensive advice. Individuals and families connect financial information such as their checking accounts, credit card accounts, debt, investments, and retirement plans to the platform. An interactive chat experience helps users plan for life events that matter to them &ndash; from kids, to college, to a new home, to changing jobs, all the way through retirement.</p> <p>Pefin&rsquo;s AI uses this information to craft a thorough financial plan for each user, showing the user if their plans are affordable. It provides advice on how they can save to achieve their plans, when they should repay debt, whether investing is appropriate ...</p><p><a href=https://www.benzinga.com/fintech/18/01/11016535/stressing-about-when-and-how-to-pay-your-debts-pefins-ai-assistant-is-here-to alt=Stressing About When And How To Pay Your Debts? Pefin&#039;s AI Assistant Is Here To Help>Full story available on Benzinga.com</a></p> Benzinga Women's Wealth Forum Fintech Pefin Ramya Joseph Tech Interview Fintech Tech Interview Benzinga Wed, 10 Jan 2018 22:01:39 +0000 Spencer White 11016535 at https://www.benzinga.com Mark Yusko Explains 'The Miracle Of Bitcoin' https://www.benzinga.com/markets/forex/18/01/11003945/mark-yusko-explains-the-miracle-of-bitcoin <p><a href="http://www.benzinga.com/topic/mark-yusko">Mark Yusko</a> is a bitcoin believer.</p> <p>&ldquo;It&rsquo;s money over IP, and it&rsquo;s going to disrupt banking and finance and title insurance and <strong>Mastercard Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ma#NYSE">MA</a>) and <strong>Visa Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/v#NYSE">V</a>) in exactly the same way that the internet disrupted brick-and-mortar businesses and other businesses,&rdquo; the CEO and CIO of Morgan Creek Capital Management said on Benzinga&rsquo;s PreMarket Prep radio show.</p> <p>Yusko bets on the trending <a href="https://www.benzinga.com/general/education/17/12/10962780/crypto-comparisons-how-bitcoin-litecoin-ethereum-ripple-dash-and-io">cryptocurrency </a>largely for its &ldquo;network effect,&rdquo; where rising participation prompts a rise in value. This phenomenon supported its &ldquo;miraculous&rdquo; rise from less than 1 cent to $100 to $15,000.</p> <p>&ldquo;At the end of the day, these things are not about the current price,&rdquo; he said. &ldquo;They&rsquo;re ...</p><p><a href=https://www.benzinga.com/markets/forex/18/01/11003945/mark-yusko-explains-the-miracle-of-bitcoin alt=Mark Yusko Explains &#039;The Miracle Of Bitcoin&#039;>Full story available on Benzinga.com</a></p> Bitcoin Cryptocurrency MA Mark Yusko PreMarket Prep V Forex Top Stories Markets Interview MA US57636Q1040 V US92826C8394 Cryptocurrency Forex Top Stories Markets Interview Benzinga Tue, 09 Jan 2018 20:21:35 +0000 Elizabeth Balboa 11003945 at https://www.benzinga.com Where Money Flows: Top Hedge Fund Trends In 2018 https://www.benzinga.com/news/18/01/10989907/where-money-flows-top-hedge-fund-trends-in-2018 <p>Hedge fund assets are expected to hit an all-time high in 2018, according to a new Agecroft Partners report.&nbsp;</p> <p>While the the industry&#39;s public image is often negative, hedge fund assets are up for five consecutive quarters &mdash; reaching a new high in 2017 &mdash; and are expected to move even higher in the new year, said Don Steinbrugge, CEO of Agecroft Partners.&nbsp;&nbsp;</p> <p><a href="https://www.benzinga.com/topic/don-steinbrugge">Steinbrugge</a>,&nbsp;one of the best-known hedge fund experts, is the founder and CEO of&nbsp;<a href="http://www.agecroftpartners.com/">Agecroft Partners</a>, a global, award-winning hedge fund consulting and marketing firm.</p> <p>&ldquo;We believe hedge fund assets are going to reach an all-time high in 2018 and there will be a rotation of [the] strategies investors will be looking at,&quot; Steinbrugge told Benzinga.&nbsp;</p> <h3> <strong>Agecroft: Strategies That Will Lose Assets</strong></h3> <ul> <li> Traditional long/short equity focused on developed markets.</li> <li> High beta fixed-income managers.</li> </ul> <p>The hedge fund guru said he expects money to come out of traditional long/short equity hedge funds ...</p><p><a href=https://www.benzinga.com/news/18/01/10989907/where-money-flows-top-hedge-fund-trends-in-2018 alt=Where Money Flows: Top Hedge Fund Trends In 2018>Full story available on Benzinga.com</a></p> Agecroft Partners Don Steinbrugge insurance News private equity Hedge Funds Interview General News Hedge Funds Interview General Benzinga Sat, 06 Jan 2018 18:08:00 +0000 Brett Hershman 10989907 at https://www.benzinga.com Snap Vs. Twitter: Who Will Thrive In 2018? https://www.benzinga.com/analyst-ratings/analyst-color/18/01/10983993/snap-vs-twitter-who-will-thrive-in-2018 <p><strong>Snap Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snap#NYSE">SNAP</a>) and <strong>Twitter Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>) entered 2018 with similar valuations, but vastly different sentiments.</p> <p>Snap started the year with an $18-billion valuation, and was one of the <a href="https://www.cnbc.com/2017/01/27/snap-to-publicly-file-for-its-much-anticipated-ipo-late-next-week.html">most anticipated </a>yet <a href="https://www.benzinga.com/news/earnings/17/07/9779116/as-bad-as-snaps-post-ipo-run-is-facebooks-much-was-much-worse">disappointing IPOs of 2017</a>.</p> <p>Twitter shares fluctuated wildly in 2016 on merger rumors, but even as the rumors subsided, shares gained nearly 50 percent over the past year on strengthening fundamentals and improving sentiment. Twitter is valued at $18.16 billion.</p> <p>Still, investors have struggled with valuing these two platforms moving forward.</p> <h3> <strong>Social Media Scarcity</strong></h3> <p>&quot;These companies are being valued the way bitcoin is being valued, with a scarcity valuation. There are not many social media networks and both of these companies are essentially global,&rdquo; Wedbush analyst <a href="https://www.tipranks.com/analysts/michael-pachter">Michael Pachter</a> told Benzinga.</p> <p>&ldquo;There is one example of a phenomenally successful social network and not many others to choose from. Given the success of FAANG, I think investors are looking for the next home run.&quot;</p> <p>Snap and Twitter have an identity problem with non-users, but the difference between the two is that non-users can&#39;t escape Twitter&#39;s influence on the mainstream media, Pachter said.</p> <p>&ldquo;I can&rsquo;t remember a day that goes by where I haven&rsquo;t ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/01/10983993/snap-vs-twitter-who-will-thrive-in-2018 alt=Snap Vs. Twitter: Who Will Thrive In 2018?>Full story available on Benzinga.com</a></p> Analyst Color CRM FB Ivan Feinseth Michael Pachter Quantum Trading Strategies Sean Udall SNAP Tigress Financial Partners TWTR Wedbush Top Stories Exclusives Analyst Ratings Tech Trading Ideas Interview CRM US79466L3024 FB TWTR US90184L1026 SNAP Analyst Color Top Stories Exclusives Analyst Ratings Tech Trading Ideas Interview Benzinga Thu, 04 Jan 2018 21:03:42 +0000 Brett Hershman 10983993 at https://www.benzinga.com Cannabis Experts Discuss The Silver Lining In Jeff Sessions' Marijuana Policy https://www.benzinga.com/news/18/01/10989323/cannabis-experts-discuss-the-silver-lining-in-jeff-sessions-marijuana-policy <p>Pot stocks took a hit Thursday after&nbsp;<a href="https://www.benzinga.com/news/17/06/9594885/pot-war-muslim-travel-ban-russia-probe-jeff-sessions-in-the-middle-of-troubled-tr">U.S. Attorney General Jeff Sessions</a> was <a href="https://apnews.com/19f6bfec15a74733b40eaf0ff9162bfa">reported to be rolling back the Cole Memo</a>, an Obama-era policy diminishing federal interference in state-sanctioned cannabis operations.</p> <p>Although details have not yet been disclosed, the new policy, according to the Associated Press, will free federal prosecutors in relevant states to enforce federal law as aggressively as they choose. Its potential effects remain unclear.</p> <h3> <strong>What This Means</strong></h3> <p>Worst-case scenario is that this move initiates more aggressive federal activity or pointed crackdowns, but that may not be the case at all.</p> <p>&ldquo;We don&rsquo;t know if this will be a modestly severe impact or potentially barely any tangible impact at all,&rdquo; Chris Walsh, editorial vice president of <a href="https://mjbizdaily.com/">Marijuana Business Daily</a> and Marijuana Business Magazine, told Benzinga. &ldquo;I don&rsquo;t think the sky is falling by any means.&rdquo;</p> <p>Potential disinterest on the part of federal prosecutors, compounded by a lack of federal enforcement resources, justify his hope in limited impact.</p> <p><a href="http://www.benzinga.com/trading-ideas/long-ideas/18/01/10975969/the-420-investor-talks-alcohol-blockchain-and-cannabis-spurn">Alan Brochstein</a>, founder of <a href="https://marketfy.com/product/420investor/blog/815/">The 420 Investor</a>, sees similar reason for optimism.</p> <p>&ldquo;The silver lining is that if there&rsquo;s going to be a crackdown by the federal government, there&rsquo;s just too much of an interest in the medical side as well as the states rights issues, it&rsquo;s going to prompt a backlash hopefully from Congress,&rdquo; Brochstein said. &ldquo;They will not necessarily legalize cannabis but certainly demystify or clear ...</p><p><a href=https://www.benzinga.com/news/18/01/10989323/cannabis-experts-discuss-the-silver-lining-in-jeff-sessions-marijuana-policy alt=Cannabis Experts Discuss The Silver Lining In Jeff Sessions&#039; Marijuana Policy>Full story available on Benzinga.com</a></p> ACBFF Alan Brochstein cannabis cannabis stocks Chris Walsh Citron Research GWPH IIPR Jeff Sessions marijuana marijuana stocks MJX News Short Sellers TWMJF ZYNE Politics Legal Top Stories Economics Exclusives Trading Ideas Interview General GWPH TWMJF MJX ZYNE ACBFF IIPR News Short Sellers Politics Legal Top Stories Economics Exclusives Trading Ideas Interview General Benzinga Thu, 04 Jan 2018 19:24:08 +0000 Elizabeth Balboa 10989323 at https://www.benzinga.com Stash Invest's CMO Talks About The Company's Growth https://www.benzinga.com/fintech/18/01/10980234/stash-invests-cmo-talks-about-the-companys-growth <p><em>Benzinga is proud to introduce the <a href="http://www.benzingawomensforum.com/">Benzinga Women&#39;s Wealth Forum</a>, a space where women can learn how to empower themselves through financial technology and be inspired by the stories of powerful women in finance.</em></p> <p><em>Ahead of the March 22 <a href="http://www.benzingawomensforum.com/">event</a>, we&#39;re highlighting the stories of our speakers, some of the leading women in the financial services industry.</em></p> <p><em>Our first installment is an interview with <a href="https://www.stashinvest.com/">Stash Invest</a> CMO <strong>Dale Sperling</strong>.</em></p> <p><strong>Give us the elevator pitch for your company.</strong></p> <p><strong>Dale Sperling</strong>: Stash puts money management in the palm of your hand. Made for beginners, the app simplifies saving, investing, and retirement to help the 99 percent afford life now and in the future. Stash speaks to a young and tech-friendly audience, providing ...</p><p><a href=https://www.benzinga.com/fintech/18/01/10980234/stash-invests-cmo-talks-about-the-companys-growth alt=Stash Invest&#039;s CMO Talks About The Company&#039;s Growth>Full story available on Benzinga.com</a></p> Benzinga Women's Wealth Forum Dale Sperling Fintech Stash Invest Interview Fintech Interview Benzinga Wed, 03 Jan 2018 18:09:18 +0000 Spencer White 10980234 at https://www.benzinga.com