Sales & Marketing news

• Why AT&T’s CEO should think twice before going through with the Time Warner deal

  24-10-2016 23:53 via feedproxy.google.com
  
  You have to wonder if AT&T CEO Randall Stephenson read "The Curse of the Mogul." 
  The book, co-written by Jonathan Knee, Bruce Greenwald, and Ana Seave, is a data-filled take down of mergers like AT&T's $85.4 billion bid for Time Warner Inc., which owns everything from HBO to CNN.
  Almost none of these deals pay off for customers or shareholders. 
  "The single most consistent reason for underperformance in media companies is bad acquisitions," the authors of the 20
  
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• Obamacare premiums are going up by an average of 25% next year

  24-10-2016 23:10 via feedproxy.google.com
  
  The Obama administration says that Obamacare health-insurance premiums will go up by an average of 25% in 2017.
  This, it argues in a new report, is because prices are slowly getting in line with costs.
  From the report:
  Notably, Marketplace rates through 2016 remained 12 to 20 percent below initial projections from the independent Congressional Budget Office. In addition, Urban Institute researchers recently found that 2016 Marketplace premiums were well below premiums for comparable employer cov
  
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• The Canadian dollar is surging after the Bank of Canada said it might not have to cut rates again (CAD, USD)

  24-10-2016 23:00 via feedproxy.google.com
  
  A further easing from the Bank of Canada would bring the central bank closer to unconventional monetary policy and the decision on whether to cut rates again is not one to take lightly, Governor Stephen Poloz said on Monday.
  Taking questions from lawmakers, Poloz also said that there were ingredients of a possible divergence between Canada and the United States, both economically and from a monetary policy standpoint. Some expect the U.S. Federal Reserve may raise rates before the end of the yea
  
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• DNA Recruit: Senior Account Director - Independent Creative Agency - London

  24-10-2016 22:34
  
  £62000.00 per annum + bonus & benefits:DNA Recruit:
  An exciting opportunity for a Senior Account Director with shopper experience to join an independent creative agency based in London. This is a great opportunity to join a prestigious and highly respected London based independent creative agency. With vas
  London
  
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• STOCKS RALLY: Here's what you need to know (SPY, SPX, DJI, IXIC, T, TWX, TMUS, VFC, AMTD, CNH)

  24-10-2016 22:00 via feedproxy.google.com
  
  Business Insider has launched Markets Insider, which combines the best of Business Insider with real time market data. You can follow the site on Twitter @MktsInsider, and on Facebook.
  And now, the closing bell:
  US stocks closed higher on a big "merger Monday" with several deals announced. 
  The offshore yuan, which is traded outside mainland China and does not trade within a tight, controlled band, fell to a record low.
  First, the scoreboard:
  Dow: 18,223.03, +77.32, (0.43%)
  S&P 50
  
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• A hedge fund manager who retired at 36 says stay away from the industry

  24-10-2016 21:32 via feedproxy.google.com
  
  A hedge fund manager who ran money for one the world's biggest funds has a warning for those considering following his path: Don't bother.
  "It's a pretty miserable industry," said Raoul Pal, who comanaged the GLG Global Macro Fund in London for GLG Partners and retired at 36 in 2004. "People are fed up."
  Pal made the comments in a Facebook Live interview with Business Insider's Matt Turner on Monday.
  Pal said he gets emails "all the time" asking how to get into the industry. His answer: "Don't b
  
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• T-Mobile soars to new high after crushing earnings (TMUS)

  24-10-2016 20:49 via feedproxy.google.com
  
  Shares of T-Mobile US are trading at their highest level since their 2013 listing, after reporting blockbuster third quarter earnings. Ahead of Monday's opening bell, T-Mobile announced earnings of $0.42 per share on revenue of $9.24 billion — beating Wall Street's expectations.
  "That’s 14 quarters in a row that T-Mobile has won share from the competition," CEO John Legere said in the earnings release.
  Shares are up 8.8% at $50.87 as of 2:32 p.m. ET. That's the highest sinc
  
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• GM, Ford, Fiat Chrysler, and Tesla are about to report earnings — here's what to expect (GM, F, FCAU, TSLA, RACE)

  24-10-2016 20:04 via feedproxy.google.com
  
  All the major US automakers, including Tesla, will report third-quarter earnings this week.
  Ferrari will report on November 7, so stay tuned for results from the Italian supercar maker, which was spun off from Fiat Chrysler Automobiles in an IPO last year.
  GM and FCA are up first, on Tuesday, followed by Tesla on Wednesday and Ford on Thursday.
  Automaker earnings are being reported against the background of plateauing sales in the US. In 2015, 17.5 million cars and trucks rolled off dealer lots,
  
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• JOSH BROWN: This is what my clients have been 'brainwashed' into thinking

  24-10-2016 19:29 via feedproxy.google.com
  
  Josh Brown is the CEO of the New York-based financial firm Ritholtz Wealth Management. A while before that, though, he solidified his place among the most prolific financial writers of the internet age with his blog, Reformed Broker. You can also see him on CNBC's Halftime Report.
  Let's get to the questions.
  Linette Lopez: You're a big proponent of passive investing. Can you talk a little about how that model has evolved in the last year and what you consider its next steps in terms of growth?
  J
  
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• Here's every US state's September unemployment rate

  24-10-2016 19:01 via feedproxy.google.com
  
  The Bureau of Labor Statistics released its estimates for each US state's September unemployment rate on Friday.
  According to the press release for the report, seven states had a statistically significant decline in unemployment from August to September, with just one state (New York) seeing a small increase. The other 42 states and DC were more or less unchanged over the month.
  Unemployment rates among the states ranged from a low of 2.9% in New Hampshire and South Dakota to a high of 6.9% in A
  
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• RAOUL PAL ON US ELECTION: 'Volatility is way too low'

  24-10-2016 18:25 via feedproxy.google.com
  Americans have a big decision to make in next month's presidential election, but markets don't seem to know how to account for it, according to Raoul Pal, a former hedge fund manager.
  "Volatility is way too low considering the outcomes and how nervous markets are about it," Pal told Business Insider's Matt Turner on Monday in a Facebook Live interview.
  "I always have an expression, which is that suppressed volatility leads to hyper volatility," added Pal, who is the founder of Real Vision a
  
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• Gabriele Skelton: Account Manager - branding, design and innovation

  24-10-2016 17:51
  
  £28000 - £32000 per annum + bonus:Gabriele Skelton:
  This well-established and ambitious agency are looking for an Account Manager with a passion for innovative design and drinks.
  London
  
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• The Great & The Good: Senior Account Director

  24-10-2016 16:39
  
  £55000 - £65000 per annum + significant benefits :The Great & The Good:
  A hugely successful networked agency is on the hunt for a Senior Account Director..
  London, City of London
  
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• Steve Wozniak on why Apple should be more open

  24-10-2016 15:09
  
  Apple must show “more openness” when it comes to working with rivals, according to its co-founder Steve Wozniak.
  Speaking in a video interview with Marketing Week, filmed during Festival of Marketing 2016, Wozniak was asked what advice he’d give to current Apple CEO Tim Cook.
  “I would urge him, where it makes sense, to consider a lot more openness. [There is an opportunity] working with other companies that Apple consider competitors,” he answered.
  “But
  
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• Why Ted Baker’s Ray Kelvin is not your average CEO

  24-10-2016 13:38
  
  A CEO who refuses to show his face in public may sound foolish in the age of Twitter and Instagram but then Ted Baker founder Ray Kelvin is not your average CEO.
  Hugging means a lot to Kelvin and he has a rule that everyone at the brand’s head office must hug him before they talk. In fact, within seconds of our introduction, he embraces me with the sort of hug two reunited lovers might indulge in. It takes 73 seconds to end.
  “Don’t report me for sexual harassment,” h
  
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• Ted Baker’s Ray Kelvin is not your average CEO

  24-10-2016 13:38
  
  A CEO who refuses to show his face in public may sound foolish in the age of Twitter and Instagram but then Ted Baker founder Ray Kelvin is not your average CEO.
  Hugging means a lot to Kelvin and he has a rule that everyone at the brand’s head office must hug him before they talk. In fact, within seconds of our introduction, he embraces me with the sort of hug two reunited lovers might indulge in. It takes 73 seconds to end.
  “Don’t report me for sexual harassment,” h
  
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• Spinning a PR crisis – latest Marketoonist

  24-10-2016 13:06
  
  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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• Spinning a PR crisis

  24-10-2016 13:06
  
  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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• Pernod Ricard on moving whisky away from its ‘old man in slippers’ image

  24-10-2016 12:20
  
  Chivas Regal is keen to open up its brand to female consumers, but admits that it does not see its advertising focus shifting away from men just yet.
  Speaking at an event to launch its new Chivas Regal Ultis edition, the brand’s global ambassador Max Warner told Marketing Week that even though whisky’s advertising is large male driven, this is changing – albeit slowly.
  “Our brand focus, due to a lot of our distribution and volume, is about masculinity and I don’t s
  
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• Secret Marketer: Budgeting is a useless time sink that gives finance directors the illusion of control

  24-10-2016 11:42
  
  The evenings are getting shorter, the leaves are falling from the trees and there is a slight chill in the air. This can only mean one thing: it’s time to get budgets completed.
  I see budgeting as a time-consuming exercise of limited value. It is, essentially, the most ineffective practice in business. Luckily, there are a few big hitters who agree with me. “It sucks the energy, time, fun and big dreams out of an organisation. It hides opportunity and stunts growth. It brings out the
  
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• Haymarket Media Group: Marketing & Events Executive - Large Scale & Medical Events

  24-10-2016 02:00
  
  £22-26k + benefits, dependent on experience:Haymarket Media Group:
  Haymarket are recruiting for a Marketing & Events Executive, working across Large Scale & Medical Events.
  Twickenham, London (Greater)
  
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• Haymarket Media Group: Event Operations Manager - Large Scale & Medical Events

  24-10-2016 02:00
  
  £29-32k + benefits, dependent on experience:Haymarket Media Group:
  Haymarket are recruiting for a Event Operations Manager, working across Large Scale & Medical Events.
  Twickenham, London (Greater)
  
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• USA Today debuts the 'cubemercial'

  24-10-2016 01:43
  
  WASHINGTON DC: USA Today Network launched a new virtual reality news show last week that is being dubbed the first of its kind because it offers viewers not only a 360-degree show, but also "cubemercial" ad slots.The Gannett-owned network debuted...
  
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• UK retailers say USA is prime market

  24-10-2016 01:43
  
  LONDON: A majority (59%) of retailers in the UK consider the US to be the most important retail e-commerce market, but although they appreciate the opportunity, many are not geared up to the task, a new survey has revealed.According to Global-e, a...
  
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• Twitter promotes more live video

  24-10-2016 01:43
  
  LONDON: Twitter, the social networking service, plans to increase the amount of live content on its video app in 2017 after witnessing a significant uplift in viewers.Its app already includes National Football League matches and has covered the US...
  
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• The Trump effect on TV ad revenues

  24-10-2016 01:43
  
  NEW YORK: Donald Trump's relatively low level of spending during the presidential election campaign is being felt by local TV networks, but his clashes with rival Hillary Clinton have boosted CNN's outlook for 2017.As
  
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• Liodice seeks ad industry shake up...

  24-10-2016 01:43
  
  ORLANDO, FL: Creativity in advertising is reaching new heights, but issues such as a lack of diversity, transparency and training require urgent attention, according to Bob Liodice, President/CEO of the Association of National Advertisers (ANA). ...
  
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• Lego puts consumer 'social needs' first

  24-10-2016 01:43
  
  SINGAPORE: Lego fans produce 20 times more Lego-themed online content than the brand itself, a senior marketer at the toy company has revealed.Last year, the iconic toy brand was ranked by global consultancy Brand Finance as the world's most...
  
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• Bright future for Asian duty free

  24-10-2016 01:43
  
  SYDNEY/LONDON: The outlook for the duty free market in Asia continues to look upbeat, as a new study reports that it is growing at five times the global average.Citing new research from
  
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• Brands can no longer ignore mobile

  24-10-2016 01:43
  
  SINGAPORE: Mobile accounted for more than half (54%) of all e-commerce transactions in Southeast Asia in the first half of 2016, according to a new study that says brands can no longer ignore mobile as a primary means of driving sales.In its
  
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• ...As Pritchard points to the future

  24-10-2016 01:43
  
  ORLANDO, FL: Advertising can be a "force for good" if practitioners focus on quality and take a clear point of view on social issues that are relevant to their products, Marc Pritchard, Procter & Gamble's Chief Brand Officer, has argued. ...
  
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