A next generation of implantable eye treatments could change the way we treat eye conditions.
And, according to a new report by Citi GPS, this experimental way to deliver eye care could turn into a $29 billion market by 2030, up from $16 billion in 2016.
With the implantable method, drugs can be delivered through depots kept in the eye.
"A new wave of technologies is leveraging the eye as a natural, self-contained drug delivery chamber," Citi biotech analyst Yigal Nochomovitz wrot
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An unusual way to deliver drugs could be a $29 billion market by 2030
-
Apple is thinking long-term: R&D spending keeps rising even as revenue dips (AAPL)
Apple's R&D spending jumped again in the face of another quarterly revenue decline, according to the company's earnings on Tuesday.
Apple spent $2.5 billion in the third quarter, up 25% from the year-ago period.That accounts for roughly 5.9% of the total revenue, the highest percentage in at least the past 4 years:The R&D increase comes at a time when Apple continues to face revenue declines across the board. In the third quarter, Apple reported $42.3 billion in revenue, d -
Apple sold fewer iPads than last year but made more money, reversing a 2-year trend (AAPL)
Apple's iPad revenue has begun to grow again for the first time in eight quarters, according to Apple's latest quarterly earnings report.
While iPad unit sales were down for the 10th quarter in a row, revenue actually increased thanks to the more expensive iPad Pro. Apple sold 9.95 million iPads, down 8.7% year-over-year, versus Wall Street expectations of 9.1 million. That's a big beat.
Tim Cook told the Wall Street Journal that he was encouraged by this upswell. One reason might be -
Tim Cook: Apple's services business will be 'the size of a Fortune 100 company by next year' (AAPL)
Apple CEO Tim Cook tells CNBC that by this time next year, the company's services business — which includes Apple Music, the App Store, and iCloud — will be "the size of a Fortune 100 company by next year."
Cook was on the air to celebrate Apple's solid third quarter, beating Wall Street expectations on both earnings and revenue.
As for services specifically, Apple reported revenue of $5.976 billion, down slightly from $5.991 billion the quarter before, but up 19% -
A $15 billion tech deal just landed, and there are 2 big winners on Wall Street
A big deal in the semiconductor industry has just been announced, and there are two big winners on Wall Street.
Analog Devices on Tuesday announced a deal to buy Linear Technologies for $14.8 billion.
Credit Suisse is the exclusive financial adviser to Analog, and is also providing debt financing for the deal alongside JPMorgan and Bank of America Merrill Lynch. Qatalyst Partners is the exclusive financial adviser to Linear.
Credit Suisse is expected to receive $25 million to $30 million in advi -
Twitter warns that advertiser demand is falling and the stock is crashing (TWTR)
Twitter's stock is crashing, down 10% in after-hours trading, after delivering a revenue forecast that fell well short of Wall Street expectations.
"We're seeing a continuation of the trends discussed last quarter with less overall advertiser demand than expected," Twitter said in its letter to shareholders on Tuesday.
Here are the key numbers:
Q2 revenue: $602 million, up 20% year-over-year, and short of the $607 million expected by analysts.
Q2 EPS (adjusted): $0.13 versus $0.09 expected by an -
Buffalo Wild Wings beats on earnings despite 'a challenging sales environment', shares jump (BWLD)
Buffalo Wild Wings on Tuesday reported second-quarter results that topped analysts' forecasts for profits, but missed on revenue.
Lower expenses and costs in "a challenging sales environment," combined with revenue growth, helped boost the company's earnings per diluted share by 13% year-on-year to $1.27, said CEO Sally Smith in the earnings statement.
The chicken chain reported revenue of $490.2 million, up 15% year-on-year.
Analysts had estimated that it earned adjusted EP -
STOCKS CLOSE MIXED: Here's what you need to know
Stocks opened little changed on Tuesday before quickly losing ground in the morning session.
Around 11 a.m. ET, the Dow was down 104 points, the S&P 500 was down 7, and the Nasdaq was down 10.
Ultimately, the Dow closed down, the Nasdaq closed up, and the S&P ended virtually unchanged.
Let's head to the scoreboard:
Dow: 18,473.75 (-0.10%)
S&P 500: 2,169.18 (0.03%)
Nasdaq: 5,110.05 (0.24%)
WTI Crude oil: $42.66 (-1.1%)
10-year Treasury yield: 1. -
Nigeria just pulled an unexpected move to support its beleaguered currency
Nigeria's central bank unexpectedly hiked rates in its first decision since depegging its currency, the naira, from the US dollar.
The Central Bank of Nigeria raised its key interest rate by 200 basis points, up to 14.00% from 12.00% on Tuesday. The majority of economists surveyed by Bloomberg expected the bank to hold.
This decision suggests that the bank is looking to regain control of its beleaguered currency given that the hike comes at a time when Nigeria is struggling with loomin -
A $30 billion merger is more evidence of the tech market's most dominant trend right now (LLTC, ADI)
Analog Devices has struck a deal to buy chipmaker Linear Technology, the companies announced on Tuesday.
The deal values Linear Technology at $14.8 billion, or $60 per share. The value of the combined enterprise will be $30 billion.
Shares of Linear Technology were halted for trade up about 29% at $62 per share after news of the deal was broken by Bloomberg. Analog Devices shares were up about 4%.
Stocks across the semiconductor space were broadly higher on Tuesday, with notable gainers includin -
What a Trump presidency could mean for Asia
In a July global markets research report, Nomura analysts described the potential impacts on Asia's economy and security under a Trump presidency.
Nomura's "what if" exercise uses Donald Trump's main campaign pledges to assess risks from protectionism, regional security, and US macro policy.
"A Trump presidency would no doubt hurt Asia's GDP growth and could ultimately drive cost-push inflation, impart smaller trade surpluses, and looser macroeconomic policies," Nomura analysts wrote.
Because Tr -
David Einhorn is up against the short seller who brought down Valeant
In his second-quarter letter to investors, Greenlight Capital's David Einhorn disclosed that he is long Chemours.
The stock is up 7% on the news.
Andrew Left, the short seller from Citron Research whose questions brought Valeant Pharmaceuticals to its knees last October, disclosed a short position in the company in June.
So we have ourselves a bit of a tiff here.
First, a little about Chemours: It's a chemicals company that DuPont spun off into its own company. Greenlight started buying it durin -
There's still one major concern about Yahoo's remaining business that's worth billions of dollars (YHOO)
Yahoo finally sold its core business to Verizon for $5 billion on Monday, but that's just the first step towards reaching a much bigger goal: monetizing its Alibaba shares.
Yahoo shares post-acquisition will still be worth almost $40 billion, largely because of its ownership stakes in Yahoo Japan and Alibaba. Given its Yahoo Japan stake is estimated to be worth less than $10 billion, the real crown jewel of its remaining assets is its Alibaba shares.
But investors believe there are still a lot o -
A $130 billion investor is fighting back against Wall Street's perceptions
Executives at alternative-investing giant KKR are obviously miffed.
"I sometimes find we talk past each other," Scott Nuttall, global head of capital and asset management at KKR, said in the company's second-quarter earnings call. "We all invest, but our time frames and perspectives are quite different."
He was talking to a crowd of Wall Street stock analysts after the firm reported better than expected second-quarter earnings. Still, that performance wasn't enough to fend of -
What 25 major world leaders and dictators looked like when they were young
Sometimes it's hard to imagine what politicians and dictators were like before they left their marks on the global stage.
We collected old photos of major leaders, past and current, to give a taste of who they once were.
Unfortunately, we were limited by photo availability, so not every major figure from the 20th and 21st centuries made it into the post.
Check the pictures out below.
Editor's Note: This post was inspired by an earlier feature written by former Business Insider reporter Mike -
McDonald’s on Pokémon Go: ‘We are enjoying what it is doing for our business’
McDonald’s has credited its tie-up with Pokemon Go for boosting sales in Japan and says it forms part of its strategy to “talk to leadership partners”.
McDonald’s was the first brand to advertise on Pokémon Go, paying to see 3,000 of its fast-food restaurants in Japan become ‘Pokémon gyms’ in the virtual reality game. Players must visit these locations to progress in the game by becoming the gym’s champion.
READ MORE: Why Pokémon Go -
McDonald’s on Pokemon Go: ‘We are enjoying what it is doing for our business’
McDonald’s has credited its tie-up with Pokemon Go for boosting sales in Japan and says it forms part of its strategy to “talk to leadership partners”.
McDonald’s was the first brand to advertise on Pokemon Go, paying to see 3,000 of its fast-food restaurants in Japan become ‘Pokemon gyms’ in the virtual reality game. Players must visit these locations to progress in the game by becoming the gym’s champion.
And speaking on an investor call today (26 July -
How marketers can use data to deliver on-brand promises in a targeted way
Highly targeted and personalised ads may not translate to higher profits, according to research published earlier this year by professor Pedro Gardete at Stanford Graduate School and Yakov Bart, a professor at Northeastern University, Massachusetts. In some cases, they claim, the most effective strategy is for consumers to keep information private and for businesses to track less of it – which is the opposite of current thinking.
The pair used game theory to build a mathematical model enab -
Marketers continue to ‘waste money’ as only 9% of digital ads are viewed for more than a second
The vast majority of digital advertising is not being viewed at all, with many marketers still failing to apply effectiveness techniques learned from print and out-of-home to the channel, according to a new study.
Since January 2016, research firm Lumen has used laptop-mounted eye tracking cameras on 300 consumers’ laptops to collect visual data on what they notice when they are online. And over this period the study, which was run in partnership with Nectar-owner Aimia, recorded 30,000 mi -
Brand Recruitment: Junior Brand Manager
Negotiable:Brand Recruitment:
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A well known multi-national client that has instantly recognizable brands is recruiting for a Junior
Milton Keynes -
Brand Recruitment: PR and Social Media Manager
£35000 per annum:Brand Recruitment:
PR and Social Media Manager, Newmarket -A leading Cambridgeshire agency are looking for a PR and Social Media manager who is passionate about
Newmarket -
Brand Recruitment: Marketing Communications Co-ordinator
£25000 per annum:Brand Recruitment:
Marketing Communications Co-ordinator, Slough -
Our client, who are the UK's number one service provider
Slough -
Brand Recruitment: Membership Services Manager
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Membership Services Manager, Watford -
A leading not for profit organisation are currently looking for a Membership Services Manager to head up their membership recruitment and retention campaigns.
Watford -
The Fix Creative: Social Media Community/Content Manager
£20-25K:The Fix Creative:
Our client is an Integrated Advertising agency in South East London who are looking for a Social Media Community/Content Manager to oversee the con...
London -
Caterpillar just put the global economy on watch — again (CAT)
Caterpillar has put the global economy on watch again.
On Tuesday, the world's largest maker of massive industrial equipment lowered its 2016 earnings forecast, saying it did not expect economic conditions or its key industries to improve.
"World economic growth remains subdued and is not sufficient to drive improvement in most of the industries and markets we serve," the company said in its statement.
Because of the global scale of its operations and its involvement in lon -
McDonald's sales growth is slowing
McDonald's sales growth is slowing.
The company's global same-store sales grew 3.1% in the second quarter, but revenue fell 3.6% to $6.27 billion.
In the US, same-store sales grew 1.8%, falling short of analyst estimates of 3.2% growth, and marking a significant decline from the 5.4% increase in the first quarter.
The company's net income fell to $1.09 billion, or $1.25 per share, from $1.20 billion, or $1.26 per share, a year earlier.
McDonald's said -
The yen is soaring
The Japanese yen is surging amid growing doubts that Japan will actually go for an aggressive stimulus package.
The currency is stronger by 1.4% at 104.34 per dollar at 7:28 a.m. ET.
A Nikkei report indicated that the government plans a direct fiscal stimulus of around six trillion yen over the next few years, which although would be about twice the amount that was originally planned, would be less than what markets were hoping for.
The total size of the package will be -
Steph Curry is still giving Under Armour a major boost (UA)
Under Armour can thank Steph Curry for a big boost to its second-quarter revenues.
Under Armour on Tuesday reported a 28% year-over-year increase in revenues during the second quarter, thanks in large part to the NBA's reigning MVP.
"Footwear net revenues increased 58% to $243 million from $154 million in the prior year's period, primarily reflecting the continued success of the basketball category led by the Curry signature basketball line as well as growth in running -
10 things you need to know before the opening bell (spy, spx, qqq, dia, db, bud)
Here is what you need to know.
The Japanese yen is surging. The currency is stronger by 1.3% at 104.47 per dollar, a two-week high, as traders position themselves ahead of Friday's Bank of Japan policy meeting. "An imminent shift from fiscal tightening to loosening has reduced the pressure on the Bank of Japan to provide more stimulus, wrote Capital Economics' Japan Economist Marcel Thieliant. "However, the sharp appreciation of the exchange rate since the start of the year is threatening t -
Mark Ritson: The real lesson of Pokémon Go is that today’s marketers will jump on any bandwagon
I tried to resist as long as humanly possible. But the gravitational pull of Pokémon Go has pulled me into its digital tractor beam and forced me to join the throng of marketers enthralled by every facet of its augmented reality.
Like millions of other marketers, I now openly acknowledge that there have been two eras in the history of marketing – BPG and APG. All the old rules about having a strategy, doing research and thinking about stuff are clearly redundant because they were i -
Red Sofa London: Freelance Mid-Senior 3D Designers
£200 - £300 per day:Red Sofa London:
Freelance opportunity to work on some big projects with a global agency
City of London -
Eat brand director on the future of food to go and what makes a visionary
We spoke to Sarah Doyle, brand director of EAT and one of our Vision 100 on what it takes to be a visionary.
Doyle said that a visionary is someone who can assimilate the world around them and see a different or futuristic world. She said it is someone who is able to unhook themselves of the things they see around them, including the rules and conventions, and see something else.
Doyle said she admires Richard Branson as a visionary because he “champions customers and is a real chall -
Secret Marketer: Focus less on having all the answers and more on asking the right questions
The recent Euro 2016 football tournament saw a host of post-match press conferences, asking questions of managers and players straight off the pitch. The sheer ubiquity of the question that begins with “Talk about…” was mind-numbing. “Talk about your team’s performance/that last goal/what it means to you.” I had started noticing this non-question based on some sports journalists who were critiquing other journalists and their inane approach. In essence, repor -
Recruitment Genius: Senior Marketing Manager
Negotiable:Recruitment Genius:
A fantastic opportunity for a digital marketing manager to take immediate ownership of strategy and implementation for a new product launch early 2017, rewards include a competitive salary and performance related bonuses.
Basildon -
Turkey's failed coup signals the end of the European Union
Since the attempted putsch on July 15, President Erdogan has purged 9,000 military personnel, 6,000 police members, 3,000 judges, and over 15,000 teachers.
Turkey’s military has historically acted as a counter balance to politicians who start to lean too heavily toward Islam. The military has directly intervened in Turkish politics three times since 1971. They see themselves as guardians of the secular state created by Mustafa Kemal Ataturk in 1923.
Since ta -
Gemini People: Digital Producer
£40000.00 - £45000.00 per annum + great range benefits and cool office:Gemini People:
The Opportunity* Working with integrated creative communication agency enjoying a growth period covering an impressive range of clients including fashion and life style brands as well as Blue chips companies and FMCG.
London -
air recruitment: Account Manager and Senior Account Manager (Partnerships)
Up to £37K dependent on experience plus benefits:air recruitment:
This agency's rapidly expanding client list ranges from cutting edge blue chips, to global phenomena, as well as much-loved beauty and booze brands.London (Central), London (Greater) -
Deutsche Bank's stock market outlook could be really good news for Donald Trump (SPX, SPY)
Deutsche Bank's David Bianco thinks the next move for the S&P 500 is a 5% to 9% decline.
And this could be really good news for Donald Trump.
In a note to clients out Saturday, Bianco said a 5% to 9% decline in the benchmark stock index is likely ahead of the election, "given risks to healthy EPS growth and PEs becoming too dependent on low yields."
Bianco adds that, "Investors seem too excited about improving growth, still slow, and yet also complacent about long-term yield -
Asia could be barreling toward a financial crisis
Asia could be walking into a financial disaster.
Rising debt, real estate getting bubbly, and threats to growth all threaten the possibility of a credit crunch, leading to a financial crisis throughout the region.
Private credit has exploded across the region and has reached nearly 140% of GDP, according to the latest presentation by Rob Subbaraman, chief economist at Nomura. That compares with an average of 77.2% for emerging markets.
It's especially worrisome in China, where the  -
This country could be the next winner in the South China Sea
China's lion-share claims to the resource-rich waters in the South China Sea took a huge blow earlier this month after the Permanent Court of Arbitration issued a landmark ruling dismissing China's "nine-dash line" territorial claim.
The court found that Beijing had violated the Philippines' economic and sovereign rights and concluded there was no legal basis for China's nine-dash line, which encompasses approximately 85% of the South China Sea.
While the PCA ruling is only binding between Beiji -
Western Union's effective content
LOS ANGELES: Western Union, the money-transfer company, has driven a significant increase in awareness for its digital services through content based around consumer passions, as well as rigorous testing.Bobby Fan, Director of Marketing at... -
Verizon acquires Yahoo for $4.83bn
NEW YORK: Verizon Communications, the US telecoms company, has announced plans to acquire Yahoo for $4.83bn in cash, in a move that will end the search engine's 21-year history as an independent company.According to -
Stonor: Director of sales
£50000 - £51000 per annum + commission:Stonor:
Director of Sales - Promotional Merchandise Agency - London£50,000 + commission Do you have experience managing a sales team?? My client is one of the leading distributors of promotional products in the UK and they have an exciting opening for a Director
London -
Stonor: Digital Media Executive
£25000 - £30000 per annum + Pension, bonus, healthcare 25 days hols:Stonor:
Interesting job planning digital media campaigns for b2b and b2c clients.
Middlesex, Uxbridge -
Olympics will be a 'sharing-fest'
LONDON: With just ten days to go until the start of the 2016 Summer Olympics in Rio de Janeiro, new research has revealed that 60% of British fans intend to share content online about the two-week event.In addition, 43% of these sharers will do so... -
Nike: Marketing Manager
Competitive:Nike:
Are you a creative and strategic marketing manager with an in-depth knowledge of London and its influencers?
London (Central), London (Greater) -
Nestlé rebuilds its Maggi brand
MUMBAI: When Nestlé faced its biggest ever PR crisis in India, the recall of Maggi noodles, the company was determined not to "play safe" marketing the brand when it finally arrived back on the shelves, and instead tackled the trust issue head on. ... -
Neko London: Creative Resource / Traffic Manager
up to £30,000 p/a + Bens:Neko London:
New Creative Resource / Traffic Manager role at a leading, independent, integrated agency. It's a pivotal role where you can make a huge difference..
Central London -
Market Recruitment Ltd: Web Content Executive
£30- 35,000 basic + 8% bonus :Market Recruitment Ltd:
If you’re looking for a company that’s investing heavily in digital and being steered by ex Oracle & Amazon executives then please read on… With ou...
Guildford, Surrey -
Major Players: Junior - Middleweight Designer
£25000 - £30000 per annum:Major Players:
Major Players are working on an exciting junior/middleweight designer opportunity, with a unique communications agency based in central London.
London
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