Sales & Marketing news

• STOCKS GET CRUSHED, DOW FALLS 390: Here's what you need to know (SPY, SPX, DJI, IXIC, WTI, OIL)

  09-09-2016 22:00 via feedproxy.google.com
  
  After more than 40 straight days of the S&P 500 closing inside of a 1% range, markets finally sold off on Friday.
  All three major indices finished in the red.
  Let's head to the scoreboard:
  Dow: 18,087.23, -393.68,(-2.12%)
  S&P 500: 2,127.81, -53.49, (-2.45%)
  Nasdaq: 5,125.91, -133.57, (-2.54%)
  WTI crude oil: $45.61, -2.01, (-4.22%)
  10-year yield: 1.673, +0.057, (+3.54%)
  US Treasurys were under pressure for a second consecutive day. Friday's selling has yields up 7
  
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• The weed industry is being hit with a double whammy

  09-09-2016 21:01 via feedproxy.google.com
  
  The legal-weed industry faces many unique challenges to doing business.
  Most companies in the space are frozen out of banks, can't use credit cards for transactions, and can't get loans. It all creates huge headaches for the industry.
  On top of that, marijuana is like any other commodity: When there's a supply glut, the price plummets. And that's exactly what's happening in legal markets like Colorado.
  Cultivators are ramping up production and the price of marijuana is dropping, causing profit
  
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• Here's what the EpiPen maker says about why it won't just cut the drug's price (MYL)

  09-09-2016 20:55 via feedproxy.google.com
  
  The pharmaceutical company in hot water over the price of the EpiPen just answered a major question on everyone's minds. 
  Why doesn't it just cut the price?
  The EpiPen, a device used in emergencies to treat severe allergic reactions, costs 500% more than it did when Mylan acquired it in 2007.
  To fend off public outrage over the EpiPen's cost, Mylan has done anything but cut the list price of the drug, which is $600 for a two pack.
  It has raised its copay-coupon system t
  
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• The summer is over, complacency is dead, and markets are fun again

  09-09-2016 20:40 via feedproxy.google.com
  
  Global markets are great again!
  On Friday, after more than 40 straight days of the S&P 500 closing inside of a 1% range, markets are selling off as the meme of the summer dies a quick death.
  Complacency, the dominant theme in markets for the two months since the June 23 Brexit vote in the UK, has felt as though it's been the only theme in markets. And now, it seems, this is over.
  Near 2:30 p.m. ET on Friday, the Dow was down over 300 points, the S&P 500 was down 43 points, and the Nasdaq
  
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• There's finally some action in the stock market again (SPY, SPX, DJI, IXIC)

  09-09-2016 19:55 via feedproxy.google.com
  
  The major stock-market averages are making their largest intra-day moves in months.
  They are lower on Friday, and the S&P 500 could break its long streak of quietness.
  The benchmark index has not closed with a 1% or larger up or down move since the sell-off after the UK referendum, adding up to 53 straight trading days. 
  Amid the sell-off on Friday, the S&P 500 fell by nearly 2%, with all its ten sectors lower. 
  The narrow trading range had brought
  
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• The latest iPhones are very bad news for digital cameras (AAPL)

  09-09-2016 19:29 via feedproxy.google.com
  
  The latest iPhones are all about the cameras. Apple took plenty of time at its most recent product showcase to trump up its new shooters, particularly with regard to the dual cameras it’s put in the iPhone 7 Plus. We can’t say exactly how effective its changes will be, but Apple has a stellar record when it comes to mobile camera quality, and some aspects of that dual-lens system have already excited hardcore photographers.
  And that’s more bad news for
  
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• US oil-rig count climbs by 7, Baker Hughes says (USO, WTI, OIL, BHI, VDE)

  09-09-2016 19:02 via feedproxy.google.com
  
  The US oil-rig count climbed for a second-straight week, by seven to 414, according to driller Baker Hughes. 
  The gas-rig count increased by four to 92. With miscellaneous rigs unchanged at two, the total rig count rose by 11 to 508.
  Last week, the oil-rig count resumed its climb after a one-week pause. The number of active rigs totaled 407, with one rig brought online.
  This tally has gained in 10 out of the last 11 weeks. 
  In a note on Friday, Morgan Stanley analysts wrote that t
  
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• Ford is buying Y Combinator shuttle-van startup Chariot in an all-cash deal (F)

  09-09-2016 19:00 via feedproxy.google.com
  
  For over 100 years, Ford concentrated on building iconic cars and trucks. But under the leadership of CEO Mark Fields, on the job since 2014, the automaker is transforming into a company that isn't afraid to invest in buses and bikes.
  On Friday, Ford announced that it will acquire Chariot, a San Francisco-based shuttle service founded in 2014 that's currently operating a fleet of Ford Transit vans.
  Ford didn't disclose the purchase price but said that it was an all-cash deal.
  Chariot emerged fro
  
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• Stellar: Midweight Creative – Designer / Art Director

  09-09-2016 18:57
  
  £30-33k plus equity:Stellar:
  Incredible opportunity for an ambitious individual to make an impact at this independent creative agency with exciting projects for fantastic clients.
  London (Central), London (Greater)
  
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• Canada's housing bubble is now a 'tale of 2 cities'

  09-09-2016 18:36 via feedproxy.google.com
  
  "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness..."
  That's part of the opening line of Charles Dickens' oft-quoted but rarely read novel "A Tale of Two Cities."
  In a recent note to clients, Capital Economics' Canada team suggested that the book's title actually serves to explain what's going on in the Canadian housing market bubble right now.
  And although it's not a perfect metaphor, it still an interesting way to contextualize things
  
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• 15 cognitive biases that could keep you from building wealth

  09-09-2016 18:30 via feedproxy.google.com
  
  Building wealth isn't just about numbers.
  It's also about the mindset.
  Cognitive biases may convince us to spend more, save less, and feel more confident in our decisions than perhaps we should. And the scary thing is, for the most part, we're powerless against them.
  Here's a look at some of the most common ones working against us.SEE ALSO: 7 signs you're rich, even if it doesn't feel like it
  Time discounting
  This is a familiar concept to anyone who has ever chosen to spring for a weekend
  
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• Here's who holds the world's $60 trillion in sovereign debt

  09-09-2016 18:12 via feedproxy.google.com
  
  The world's governments now have around $60 trillion in debt which is then sold to investors as bonds.
  So who owns this debt?
  In a note sent out to clients on Friday, Deutsche Bank chief global economist Torsten Sløk broke down who owns various countries' debts. One chart breaks down debt ownership for selected developed markets and the other for emerging market countries.
  For the US, the largest chunk of government debt is held by US-based non-bank investors followed by th
  
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• Wells Fargo's scandal is a cautionary tale about incentive pay (WFC)

  09-09-2016 17:47 via feedproxy.google.com
  
  Wells Fargo has fired thousands of employees and incurred fines totaling $185 million because of a widespread practice of employees opening new accounts for existing customers without their authorization.
  One remarkable aspect of this story is that the abusive practices were often unprofitable for the bank, where I worked from 2005 to 2009. As The New York Times describes:
  "In many cases, customers took notice only when they received a letter in the mail congratulating them on opening a new acco
  
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• Marketing Week will be helping marketers realise their potential at the Festival of Marketing

  09-09-2016 17:42
  
  Marketing Week will be supporting the ‘Realising your potential’ stage at the Festival of Marketing, which takes place on 5 and 6 October at Tobacco Dock.
  Running over the two days, the stage will focus on the big issues of personal and professional development. Marketing Week editor Russell Parsons is chairing the stage, which will host a range of sessions from panel discussions to masterclasses.
  Highlights include a discussion on gender stereotyping with speakers including Aline S
  
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• Targeting

  09-09-2016 17:34
  
  Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne
  See more of the Marketoonist here
  
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• Mimi Turner: I’m no visionary, but I do have a vision of humanity without borders

  09-09-2016 17:32
  
  There is nothing like being named one of Marketing Week’s Vision 100 to prompt the question: Who, me?
  Perhaps there are 99 genuine visionaries in our industry this year but I’m comfortable exempting myself. It’s no disrespect to the many talented and successful Vision 100 inductees to suggest that visionaries are very rare; that only one or two come along in a generation; that it takes a lifetime to judge success.
  There’s no way to soft-soap what a visionary actually
  
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• Morgan Stanley isn't so sure about its forecast for the oil recovery anymore (USO, WTI, OIL, VDE, BNO)

  09-09-2016 17:18 via feedproxy.google.com
  
  Morgan Stanley is losing its conviction about the oil market's future. 
  Adam Longson, head of energy commodity research, forecasts that a market re-balancing is due around mid-2017. In other words, the market would no longer be oversupplied, as output demand growth catches up to supply.
  "We are not yet changing our forecast for a mid-2017 rebalancing, but our conviction level is falling," Longson wrote in a note on Friday.
  "An oil recovery has been 6-12 months away in the minds of
  
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• Unum: Senior Brand Strategy Manager

  09-09-2016 14:31
  
  c. £60,000 to £65,000 per annum + £6k car allowance + 27 days holiday + benefits :Unum:
  An exciting opportunity has arisen for an experienced Senior Brand Strategy Manager to join our talented in house marketing team based in Dorking.
  Dorking
  
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• Tesco turnaround disrupted as three former directors charged with fraud

  09-09-2016 14:08
  
  An ongoing investigation by the Serious Fraud Office (SFO) going back to 2014 has led to three former Tesco directors being charged today (9 September) with fraud.
  Carl Rogberg, the former finance director of Tesco UK, Christopher Bush, the former managing director of Tesco UK, and John Scouler, the former commercial director for food, have been charged with fraud by abuse of position and false accounting in relation to the supermarket overstating its profits by up to £263m 
  
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• Tesco turnaround disrupted as three former directors are charged with fraud

  09-09-2016 14:08
  
  An ongoing investigation by the Serious Fraud Office (SFO) stretching back to 2014 has finally birthed some results as three former Tesco directors were today (9 September) charged with fraud.
  Carl Rogberg, the former finance director of Tesco UK, Christopher Bush, the former managing director of Tesco UK, and John Scouler, the former commercial director for food, have all been charged with fraud by abuse of position and false accounting in relation to the supermarket overstating its p
  
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• DNA Recruit: Senior Planner (x2) - Multi-practice Marketing Agency - London

  09-09-2016 12:16
  
  £65000.00 - £70000.00 per annum + bonus & benefits:DNA Recruit:
  two Senior Strategists based in the London Office of probably the world's largest activation agency working on multiple accounts.
  City of London, London
  
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• Veritas Partnership Ltd: Category Executive

  09-09-2016 12:09
  
  £30000 - £35000 Per Annum + Bonus + Benefits:Veritas Partnership Ltd:
  Fantastic category opportunity for an existing Category Analyst or Executive looking to progress further in Category Management.
  East Anglia
  
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• Podcast fans are brand fans

  09-09-2016 02:00
  
  NEW YORK: Most US podcast fans prefer to buy those brands that advertise on their favorite shows, a new survey has shown.The Interactive Advertising Bureau, in partnership with Edison Research, surveyed 953 Americans over the age of 18 who...
  
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• Operation Boomerang wins Grand Effie

  09-09-2016 02:00
  
  SYDNEY: A campaign by The Monkeys agency for Meat & Livestock Australia has won the Grand Effie at the 2016 Australian Effie Awards.At an event in Sydney, a total of six golds, 13 silvers and 20 bronzes were awarded to 27 agencies representing...
  
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• Neuromarketing updates Super Bowl ad metrics

  09-09-2016 02:00
  
  NEW YORK: In the ultimate contest between the old and new, five authors from the University of Memphis have found a new research platform for the ultimate sporting event.For decades, USA Today has enjoyed day-after dominance in the...
  
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• LinkedIn puts down 'table stakes'

  09-09-2016 02:00
  
  MOUNTAIN VIEW, CA: B2B marketers are finally able to take advantage of a feature that has long been available to their B2C counterparts as LinkedIn launches conversion tracking.Announcing the introduction of the capability in a
  
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• Global adspend to grow 4.4%

  09-09-2016 02:00
  
  GLOBAL: Global advertising expenditure will grow 4.4% in 2016 to reach $548.2bn, a new forecast says, boosted by major sporting events and the US presidential election,Carat, the media agency network, updated its earlier March forecasts, based...
  
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• Data fuels change at American Apparel

  09-09-2016 02:00
  
  HONG KONG: A drive for more effective data and a deeper understanding of its customers has helped American Apparel make changes to its business, a senior marketer at the company has revealed. Thoryn Stephens, Chief Digital Officer at American...
  
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• China faces mall overhaul

  09-09-2016 02:00
  
  BEIJING: Up to one third of China's shopping malls may have to close during the next five years, according to a study which says that not only are there too many but they are largely undifferentiated.Reports suggest that China already has some...
  
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• Adidas taps transfer window

  09-09-2016 02:00
  
  MANCHESTER: The summer football transfer saga that eventually saw Paul Pogba move from Juventus to Manchester United for a world-record fee provided a unique activation opportunity for Adidas.The sportswear brand was a likely winner no matter the...
  
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