Sales & Marketing news

• Southern US cities present the biggest opportunity for Uber and Lyft to change your life

  31-05-2016 19:51 via feedproxy.google.com
  
  Southern US metro areas present the biggest opportunity for Uber and Lyft to change your life.
  In a big report out Tuesday morning, Morgan Stanley analysts Michael Zezas and Adam Jonas look at the impact the proliferation of services like Uber and Lyft could eventually have on municipalities — and municipal financing — across the US.
  Among many arguments the report makes, the most interesting is that Southern US cities are ripe for the biggest disruption amid increasing adoption
  
  Read more

• Saudi Arabia might pull a Qatar

  31-05-2016 19:49 via feedproxy.google.com
  
  Saudi Arabia might take a page right out of Qatar's playbook.
  The Kingdom is thinking about a sale of as much as $15 billion of bonds this year in light of the investor demand for Qatar's recent issue, report Bloomberg's Ambereen Choudhury, Dinesh Nair, and Ruth David.
  This would be Saudi Arabia's first bond sale in international capital markets.
  People with knowledge of the situation who asked not to be identified told Bloomberg that Saudi Arabia may copy Qatar's $9 billion sale 
  
  Read more

• Stocks are lower (SPY, SPX, DJI, IXIC, QQQ)

  31-05-2016 19:37 via feedproxy.google.com
  
  Stocks were lower in afternoon trading on Tuesday after the long weekend.
  Near 1:24 p.m. ET, the Dow was down 79 points (0.45%), the S&P 500 was down 3 points (0.14%) and the Nasdaq was up 10 points (0.22%). 
  The telecom sector led gains on the S&P 500, while consumer staples lagged. 
  Last week was the best for stocks since March. On Friday, Federal Reserve chair Janet Yellen said at an event at Harvard that it would be appropriate to raise interest rates in the coming mon
  
  Read more

• 8 ways financial advisors can make a great first impression

  31-05-2016 19:29 via feedproxy.google.com
  
  FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.
  8 ways financial advisors can make a great first impression (InvestmentNews)
  One of the most important parts of a financial adviser's job is getting new clients. And when trying to get new clients, it behooves advisors to make a great first impression.
  As such, InvestmentNews asked successful planners what other advisors can do to stand out in a first meeting. Among the respo
  
  Read more

• Advertisement

• Jose Cuervo is planning a $1 billion IPO

  31-05-2016 19:18 via feedproxy.google.com
  
  Jose Cuervo is thinking about going public.
  According to Bloomberg, the world's largest tequila producer wants to raise as much as $1 billion in an initial public offering slated for the third quarter. 
  Like the US, Mexico hasn't seen much IPO action this year.
  Citing people familiar with the matter, Bloomberg reported that Morgan Stanley, JP Morgan and Spain-based Banco Santander are working with the company as it preps to go public. 
  Jose Cuervo's revenues spiked 41% to 10.25 billion
  
  Read more

• The federal government has squashed merger activity this year

  31-05-2016 19:12 via feedproxy.google.com
  
  Corporate deals are falling apart left and right, and a huge culprit appears to be the federal government.
  The rate of merger and acquisition activity was halved in the first quarter of 2016 compared to the average over the previous seven quarters, according to strategist David Bianco at Deutsche Bank.
  Both the number of deals and the value of deals completed fell off the table to start the year, and a big cause of that decline might have been the influence of lawmakers.
  "Several big deals
  
  Read more

• The next jobs report could stink because of 35,000 people (VZ)

  31-05-2016 18:58 via feedproxy.google.com
  
  Friday's jobs report would be better if Verizon workers were not on strike.
  Economists forecast that nonfarm payrolls grew by 160,000 in May, unchanged from the prior month, according to Bloomberg.
  But they think the job gains could have been higher.
  Nearly 40,000 Verizon workers walked off the job after contract negotiations fell apart; unions had been in talks with the company about plans to cut benefits over a three-year period.
  They announced a deal on Monday that could end the seven-week st
  
  Read more

• China could be about to plunge us all into a world of pain

  31-05-2016 18:44 via feedproxy.google.com
  
  The trade of the year has come back to haunt markets.
  The Chinese yuan has weakened against the dollar at its most rapid rate since last August, when Chinese officials devalued the currency.
  This move is also a throwback to a scary recent time — the turmoil at the beginning of this year after the Fed's first rate hike since going to zero in December 2008.
  In January and February the yuan's erosion against a strong dollar prompted Chinese people to move money out of the count
  
  Read more

• Advertisement

• Mark Ritson: Comparing TV audiences to digital views is utter nonsense

  31-05-2016 18:31
  
  In recent weeks it’s been hard to avoid the digital versus TV war that looks set to dominate marketing. At the start of May, YouTube CEO Susan Wojcicki fired first when she told advertisers that YouTube was now reaching “more 18 to 49 year-olds during prime time than the top 10 US TV shows combined”. A day later Joan Gillman, Time Warner’s COO, hit back with the results of a study showing that if YouTube were a TV show it would rank 354th in the nation for
  
  Read more

• Millennials, Twitter and Deutsche Bank: WHAT YOU NEED TO KNOW ON WALL STREET

  31-05-2016 18:30 via feedproxy.google.com
  
  Finance Insider is Business Insider's summary of the top stories of the past 24 hours.
  To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.
  Millennials are a problem at work.
  At least, that's what people are telling the Dallas Federal Reserve.
  "The younger workers are often off task, engaged on social media, on the internet, texting on phones and other unproductive activities," one manufacturer told the Dallas Fed.
  In related news, one of the t
  
  Read more

• 6 ways Standard Life is disrupting the insurance industry

  31-05-2016 18:01
  
  1) Find out what keeps customers awake at night
  With half a million customers aged 55 and older, and 800,000 new customers aged 21 and upwards following the government’s auto enrollment onto pension schemes, Standard Life has tried to tap into what keeps customers awake at night to ensure customer satisfaction.
  “We saw that people were leaving us and we wanted to know why. They said it was nothing to do with the basics and what we do, they just didn’t think we cared, as we were
  
  Read more

• India's GDP is literally unbelievable

  31-05-2016 17:50 via feedproxy.google.com
  
  India's economy grew by 7.9% year-over-year in the first quarter of 2016, according to the country's Statistics Ministry.
  That's an increase from the fourth quarter's 7.2% print.
  And it's above economists' expectations of 7.5% gross-domestic-product growth, according to the Bloomberg consensus.
  But while this GDP figure makes India stand out among its worse-off BRIC emerging-economy peers, there are some doubts about its credibility.
  "There is some evidence that India's economy has picked up spe
  
  Read more

• The next iPhone will only have minor improvements (AAPL)

  31-05-2016 17:48 via feedproxy.google.com
  
  More evidence is suggesting that the iPhone that will come out this fall will be a slight upgrade from the current iPhone 6S and 6S Plus.
  Basically, it sounds like Apple is preparing another "S" model for release later this year, with a body that will be very similar to the iPhone hardware currently on sale. 
   According to Nikkei, the big changes to this year's iPhone will be:
  A better camera
  Water resistance
  Larger battery
  No headphone jack
  A "high-end version" with photo "correc
  
  Read more

• The Data Storytelling Awards are back and entries are now open

  31-05-2016 17:41
  
  There will be 16 unique categories including loyalty, data integration and customer integration. There are also new award categories celebrating the best in programmatic and mobile.
  The awards will be judged by a top panel of marketers. Previous judges have come from brands including O2, the Royal Mail and TfL.
  An accompanying one-day conference will also equip marketers with the essential tools needed to better communicate with customers, enhance strategy and boost ROI. Disney’s Richard
  
  Read more

• Millennials can't get anything done at work because they're wasting time on social media

  31-05-2016 17:35 via feedproxy.google.com
  
  Millennials are a problem at work.
  At least that's what people are telling the Dallas Federal Reserve.
  On Tuesday, the latest Dallas Fed manufacturing report showed that factory activity slowed down much more than expected in May.
  The Dallas Fed surveys factory owners to compile the monthly release, and the final report includes edited anecdotes on how businesses are doing.
  In May, a lot was said about the Department of Labor's new overtime rule, which more than doubles the income threshold of e
  
  Read more

• The pound is diving after an unexpected Brexit poll result

  31-05-2016 16:53 via feedproxy.google.com
  
  Good morning!
  The British pound is crashing after an unexpected Brexit poll result.
  The Guardian reported that a new ICM/Guardian telephone poll showed that 42% of respondents would vote Remain, 45% would vote Leave, and 13% said "don't know."
  When including the results for those surveyed online and by phone, the numbers came in at 48% for Remain and 52% for Leave.
  The currency was down by as much as 0.6% to 1.4551 against the dollar as of 10:52 a.m. ET.
  As for the rest of th
  
  Read more

• Dallas Fed manufacturing unexpectedly shrinks in May

  31-05-2016 16:30 via feedproxy.google.com
  
  Manufacturing activity in Dallas shrank in May after improving in the prior two months.
  The index of general business activity fell to -20.8. Economists had forecast an improvement to -8 from -13.9 in April, according to Bloomberg. 
  New orders plunged 20 points after turning positive in the previous month. The gauges of capacity utilization and shipments also fell back below zero. 
  Most other regional manufacturing indexes, including those from New York, Richmond an
  
  Read more

• Consumer confidence unexpectedly plunges

  31-05-2016 16:00 via feedproxy.google.com
  
  Consumer confidence unexpectedly plunged.
  The latest reading on consumer confidence from The Conference Board fell to 92.6 in May.
  Economists were expecting the headline index rise to 96.3, according to the Bloomberg consensus.
  The previous month saw the index fall more than expected to 94.2.
  “Expectations declined further, as consumers remain cautious about the outlook for business and labor market conditions. Thus, they continue to expect little change
  
  Read more

• Chicago is in contraction

  31-05-2016 15:45 via feedproxy.google.com
  
  Business and manufacturing activity in Chicago is in contraction. 
  The business barometer, also known as the purchasing manager's index, fell to 49.3 from 50.4 in the prior month, where it was expected. 
  "We look for the Chicago PMI to fall to 49.0 in May from 50.4, marking a return below breakeven," wrote Bank of America Merrill Lynch economists in a preview.
  "Other regional surveys suggest broad weakening in manufacturing conditions, driven in part by a decline in new orders. The new
  
  Read more

• Chicago is back in contraction

  31-05-2016 15:45 via feedproxy.google.com
  
  Business activity in Chicago is back in contraction. 
  The MNI business barometer, also known as the purchasing manager's index, fell to 49.3 from 50.4 in the prior month where it was expected. It climbed out of contractionary territory — below 50 — in February, but has returned for the sixth time in the past year. 
  A 6.6-point drop in the production component was the big reason why the overall index declined. New orders also fell below the threshold of 50 and to the lo
  
  Read more

• The departing Valeant CEO's separation agreement might make you choke up a little bit

  31-05-2016 15:30 via feedproxy.google.com
  
  Parting is such sweet sorrow.
  It's especially sorrowful if you're leaving a company after overseeing the collapse of its stock by almost 90% over the past year.
  It's especially sweet, though, if you're going to get paid $83,333 a month for the rest of the year to "consult" for the company.
  And so it is for Michael Pearson, the former CEO of Valeant Pharmaceuticals.  His separation agreement from the company was released on Tuesday, after he was ousted from his position last month. He w
  
  Read more

• Carl Icahn has a big new position

  31-05-2016 15:22 via feedproxy.google.com
  
  Legendary investor Carl Icahn just announced a new position in Allergan Pharmaceuticals.We have recently acquired a large position in Allergan $ACT & are very supportive of CEO Brent Saunders. Read more: https://t.co/5OoDWo6Q0g— Carl Icahn(@Carl_C_Icahn) May 31, 2016
  Allergan has been very popular on Wall Street.
  Back in 2014 billionaire hedge fund manager Bill Ackman tried to team up with Valeant Pharmaceuticals to buy Allergan in a hostile takeover. It instead agreed a deal with Acta
  
  Read more

• US companies issued a staggering $517 billion of debt in the last year

  31-05-2016 15:14 via feedproxy.google.com
  
  US companies have issued a staggering amount of debt, but it's not a problem.
  At least that's according to Adam Parker, chief equity strategist at Morgan Stanley. In a note to clients Tuesday, Parker noted that the massive $517 billion in new debt issued by US corporations in the past 12 months is the second-highest mark ever.
  "At the end of 4Q15, these companies had issued $517 billion in new debt, the second highest reading since 1985 ($574 billion was issued in the trailing 12-month
  
  Read more

• Home prices rise more than expected in March

  31-05-2016 15:00 via feedproxy.google.com
  
  Home prices rose more than expected in March, according to the S&P/Case-Shiller home price index. 
  Prices in 20 major cities rose 0.85% month-over-month and 5.43% year-over-year.
  Economists had forecast that the 20-city index rose 0.75% month-on-month, according to Bloomberg. Compared to last year, they forecast a 5.11% rise.
  The price gains for February were revised higher. 
  Prices rose the most in Portland, Seattle and Denver compared to last ye
  
  Read more

• Personal spending surges

  31-05-2016 14:30 via feedproxy.google.com
  
  Personal spending surged more than expected in April, according to the Commerce Department. 
  Spending rose 1.0% in the last month, above expectations of a 0.7% increase.
  Meanwhile, personal income rose 0.4%, in line with economists' expectations.
  The Core PCE price index, which excludes volatile food and fas costs, rose 0.2% in April compared to the previous month, in line with expectations.
  This report showed that US consumer spending was off to a pretty solid start in the second quar
  
  Read more

• The Australian dollar is surging — here's what's happening in FX

  31-05-2016 14:01 via feedproxy.google.com
  
  Good morning!
  The Australian dollar is surging, up 1.1% to .7262 per dollar.
  On Monday, the Aussie dollar briefly traded near .7150 in early Asian trade before closing little changed near .7180.
  "Provided it holds above $0.7220 now, it can work its way a bit higher," wrote Marc Chandler, the global head of currency strategy at Brown Brothers Harriman, in a morning note to clients."As a mile marker, note that the 20-day moving average is found near $0.7285," he added. "The Aussie h
  
  Read more

• Here's a super-quick guide to what traders are talking about right now (JAZZ, CPXX, GXP, WR, SPY, SPX, DJI, IXIC, QQQ, IWIM)

  31-05-2016 13:30 via feedproxy.google.com
  
  Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about right now:
  Good Morning!   US Futures are adding small as Traders get back from the 3day weekend as M&A kicks up (JAZZ for CPXX, GXP for WR) and Oil holds near $50 ahead of OPEC Thursday.   Euro markets are seeing profit-taking, as the “leave” vote is ramping again in London – The DAX is off 40bp as Autos lag across the continent on VW #s and Industrials fall under pres
  
  Read more

• 10 things you need to know today (spy, spx, qqq, dia, jazz, cpxx, vz)

  31-05-2016 12:55 via feedproxy.google.com
  
  Here is what you need to know.
  German unemployment is at a record low. The unemployment rate in Germany fell to 6% in May, down from 6.3% in April. According to the BBC, there remains a division between what was East Germany and West Germany. West Germany has an unemployment rate of 5.5%, while East Germany has an unemployment rate of 8.4%. The unemployment rate for the eurozone as a whole fell to 10.2%, down from 11% a year ago.
  The eurozone is still in deflation. Consumer prices in the eurozon
  
  Read more

• Live Recruitment: GROUP ACCOUNT DIRECTOR / CLIENT SERVICES DIRECTOR

  31-05-2016 11:00
  
  £55000 - £75000 per annum + Benefits :Live Recruitment:
  RMG14093 - A rare and exceptional senior level opportunity has arisen with a fast-growing marketing agency based in London!
  London
  
  Read more

• Fill Recruitment: Digital Project Manager – Global Automotive Account – Fantastic central London location - up to £28k

  31-05-2016 07:16
  
  Up to £28k, depending on experience:Fill Recruitment:
  Project Manager with proven digital development required to manage a prestigious automotive account for a top global agency, based in central London
  London (Central), London (Greater)
  
  Read more

• Fill Recruitment: Account Manager - Award-winning independent media agency - up to £28k plus benefits

  31-05-2016 07:16
  
  Up to £28k, depending on experience:Fill Recruitment:
  Account Manager - Award-winning independent media agency - up to £28k plus benefits This leading independent London media agency are looking for a ...
  London (Central), London (Greater)
  
  Read more

• Target taps brand 'generosity'

  31-05-2016 02:00
  
  NEW YORK: Target, the retailer, believes that "generosity from the brand" – in the form of providing truly immersive and distinctive marketing experiences – can exert highly beneficial effects on various core metrics.Kristi Argyilan, Target's...
  
  Read more

• Marketers 'getting there' on programmatic

  31-05-2016 02:00
  
  EUROPE: Two thirds of brand marketers in Europe feel they are, at best, "getting there" in terms of executing programmatic buying, according to a new study.Digital marketing business Quantcast interviewed 100 senior marketers from some of Europe's...
  
  Read more

• Luxury growth needs entry-level products

  31-05-2016 02:00
  
  NEW YORK: Luxury brands need to consider creating a range of "entry-level" products to attract some 50m new consumers in younger age groups and emerging markets over the next four years a new report has said.According to consulting firm Bain &...
  
  Read more

• Indian TV eyes separate rural selling

  31-05-2016 02:00
  
  MUMBAI: As ratings provider BARC India publishes separate viewing data for India's urban and rural TV markets for the first time, broadcasters are now expected move towards a two-tier ad sales market. Raj Nayak, CEO at Colors, the entertainment...
  
  Read more

• Global marketing activity steady

  31-05-2016 02:00
  
  LONDON: Global marketing activity continued to grow at a steady rate in May according to the latest Global Marketing Index (GMI).The headline
  
  Read more

• Carreras Lathane Associates - CLA: Sales Executive

  31-05-2016 02:00
  
  £25000 - £30000 + c£10000 uncapped:Carreras Lathane Associates - CLA:
  To work on an outdoor sports title , business magazine and website. Selling to the industry on a recognised and reputable association magazine .Gre...
  London (South), London (Greater)
  
  Read more

• Aussies turn to 'healthy' cider

  31-05-2016 02:00
  
  SYDNEY:Australia's drinking culture is changing, with alcohol consumption generally falling but niche markets such as cider growing rapidly.Research from IBISWorld suggests the cider market has increased 11.4% over the past five years and will...
  
  Read more

• ADLIB: Digital Traffic/Studio Manager

  31-05-2016 02:00
  
  £30000 - £35000 per annum:ADLIB:
  One of the most impressive and fast growing companies in Bristol are looking for a Digital Studio/Traffic Manager to join their successful and integrated team. ...Bristol
  
  Read more

Follow @sales_mrktinguk on Twitter!