Sales & Marketing news

• STOCKS CLIMB AFTER STRONG JOBS REPORT: Here's what you need to know

  03-02-2017 22:02 via feedproxy.google.com
  
  Stocks leaped on Friday after the jobs report showed higher than expected additions to the US workforce.
  All three indexes were solidly in the green, with the Dow Jones Industrial average pushing above the 20,000 level after falling back below the mark over the past few days.
  We've got all the headlines, but first, the scoreboard:
  Dow: 20,060.68, +175.77, (+0.88%) 
  S&P 500: 2,296.95, +16.10, (+0.71%)
  Nasdaq: 5,664.76, +28.56, (+0.51%)
  UST 10-year bond yield: 2.476%, (+0.2
  
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• Here's how much money Americans could save — or lose — under Trump's tax plan

  03-02-2017 21:14 via feedproxy.google.com
  
  President Donald Trump vowed throughout his campaign that he'd overhaul the US tax system, simplifying it and putting money back in the pockets of American citizens.
  Trump's proposed plan, if enacted, would almost certainly deliver on that first promise: It will pare down the seven current income tax brackets to just three, and it will eliminate personal exemptions in favor of increasing the standard deduction, among other changes geared at streamlining the tax code.
  But will the plan result in
  
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• A leading Apple analyst just blew it - here's why (APPL)

  03-02-2017 20:49 via feedproxy.google.com
  
  On Tuesday afternoon, Apple (NASDAQ:AAPL) posted strong earnings results for the first quarter of its 2017 fiscal year. Revenue beat analysts' forecasts and the company's own guidance range. Earnings per share comfortably beat the average analyst estimate as well. Finally, iPhone sales rose 5% year over year, to 78.3 million units; most analysts had been expecting a smaller increase -- or even a decline.
  One of those analysts wrongly expecting an iPhone sales decline was Ming-Chi
  
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• Wall Street is loving Donald Trump right now (JPM, C, BAC, GS)

  03-02-2017 20:38 via feedproxy.google.com
  
  Wall Street is loving Donald Trump right now.
  On Friday afternoon, President Trump ordered a review of the 2010 financial regulatory law Dodd-Frank and directed the Secretary of Labor to review the fiduciary rule, a regulation set to go into effect in April.Bank stocks are rallying hard. 
  Congress passed Dodd-Frank in the wake of the 2008-09 financial crisis in sweeping reforms that changed how banks could do business.
  The president has previously derided Dodd-Frank as "a dis
  
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• The wave of Wall Street deregulation is upon us

  03-02-2017 19:36 via feedproxy.google.com
  
  The wave of financial deregulation is finally upon us. With the stroke of a pen, President Trump has potentially started the unwinding of many of the hallmark financial regulations of the Obama administration.
  This afternoon, the president ordered a review of the 2010 financial regulatory law Dodd-Frank and directed the Secretary of Labor to review the fiduciary rule, a regulation set to go into effect in April.
  The president has derided Dodd-Frank as "a disast
  
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• LOCKHEED MARTIN: Trump's 'personal involvement' helped get lowest price on latest F-35 batch (LMT)

  03-02-2017 19:34 via feedproxy.google.com
  
  WASHINGTON — The Pentagon and its top weapons supplier agreed on the lowest set of prices for the F-35 — the US's most expensive weapons system — since the program began in 2001.
  On Friday, the F-35 Joint Program Office released the finalized price for the most recent production contract for America's fifth generation stealth fighter. The 10th Low Rate Initial Production (LRIP-10) contract for 90 F-35 jets came in $728 million less than LRIP-9.
  In a sta
  
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• TRUMP ON JOBS REPORT: Job growth is 'going to continue, big league'

  03-02-2017 19:33 via feedproxy.google.com
  
  President Donald Trump was pretty happy with Friday's jobs report.
  The release from the Bureau of Labor Statistics showed that the US economy added 227,000 jobs in the month of January. Wage growth disappointed, however, and the unemployment rate ticked up slightly to 4.8%.
  Trump took a moment during a meeting with the President's Strategic and Policy Forum to address the numbers, expressing his pleasure.
  "227,000 jobs, great spirit in the country right now," said Trump, talking about the headli
  
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• ELIZABETH WARREN RAILS AT TRUMP: 'Wall Street bankers and lobbyists ... may be toasting each other with Champagne'

  03-02-2017 19:01 via feedproxy.google.com
  
  Massachusetts Sen. Elizabeth Warren is attacking two executive orders President Donald Trump signed on Friday.
  The two orders are expected to roll back post-crisis Wall Street reform (the Dodd-Frank Act) and an Obama-era rule meant to protect Americans' retirement money, the so-called fiduciary rule.
  The Democratic senator has long advocated the fiduciary rule, which would set in place, universally and for the first time, a requirement for financial advisers to act in their clients' best interes
  
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• Trump just signed an order that could roll back a rule intended to protect Main Street's retirement money

  03-02-2017 18:47 via feedproxy.google.com
  
  President Donald Trump just signed an executive order that could roll back the Obama administration's landmark retirement savings rule.
  "The rule is a solution in search of a problem," White House press secretary Sean Spicer said Friday in a televised press conference, referring to the Department of Labor's so-called fiduciary rule.
  The rule is intended to protect Americans' retirement money from conflicted advice from financial advisers and has long drawn rebuke from Wall Streeters. While the f
  
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• ‘Our agricultural system would collapse’ if Trump starts mass deportations, says farm worker advocate

  03-02-2017 18:30 via feedproxy.google.com
  
  The Trump administration is considering plans to deport immigrants who rely on public assistance and restrict the flow of foreign-born workers, according to drafts of potential executive orders obtained by the Washington Post.
  Though the plans are merely under discussion, they reinforce Trump's commitment to anti-immigration policies — an agenda that also includes his proposed wall along the US-Mexico border and the deportation of undocumented immigrants.
  At a
  
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• Oil rig count jumps by 17

  03-02-2017 18:28 via feedproxy.google.com
  
  The US oil rig count climbed for the third week in a row, rising by 17 to 583, according to Baker Hughes.
  That is the highest rig count since October 23, 2015.
  Meanwhile, the number of active gas rigs stayed flat at 145. And the combined count jumped to 729.
  Last week, the rig count climbed for the second week in a row, rising by 15 to 566, according to Baker Hughes. SEE ALSO: What 25 major world leaders and dictators looked like when they were young
  Join the conversation abo
  
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• America's hottest investment product is about to go global

  03-02-2017 17:45 via feedproxy.google.com
  
  Passive investments, including exchange-traded funds (ETFs) and index funds, currently account for $6 trillion of global assets.
  And, according to a report by Moody's Investor Services published on Thursday, that's just the beginning.
  Current penetration in US financial markets is only 28.5%, a number that Moody's forecasts will reach over 50% by 2024 at the latest.
  In the Europe and Asia, passive market share is only about 5-15%. The penetration rate is lower in these areas because ma
  
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• P&G’s speech on the ‘murky’ media supply system: Agencies react

  03-02-2017 17:20
  
  Last weekend, P&G’s chief brand officer Marc Pritchard called for the industry to increase transparency around media buying and viewability and criticised the “murky” supply chain.
  “We have a media supply chain that is murky at best and fraudulent at worst. We need to clean it up, and invest the time and money we save into better advertising to drive growth,” he explained.
  In order to do that, P&G will adopt the Media Ratings Council (MRC)-validated viewabil
  
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• Here's everything you need to know about Snap's huge IPO

  03-02-2017 17:11 via feedproxy.google.com
  
  This is a special Snap Inc.-themed edition of Finance Insider, Business Insider's summary of the top stories of the past 24 hours.
  Snapchat's parent company Snap Inc. on Thursday set in motion what could be the biggest tech flotation in years. Here's what you need to know:
  Snap files for its IPO, revealing surging sales growth and huge losses
  Here's who is going to get rich from the Snap IPO
  Snap is asking investors to put a $25 billion valuation on two people
  Snap lost $514 million last ye
  
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• One part of Manhattan's housing market is going bananas

  03-02-2017 17:09 via feedproxy.google.com
  
  Condo and co-op prices in Northern Manhattan jumped 9.5% year-over-year in the fourth quarter to a median price of $575,000, according to a report released by Douglas Elliman and Miller Samuel on Friday.
  The number of sales surged 39.2% YoY to 277. The report defines Northern Manhattan as consisting of Harlem, East Harlem, Washington Heights, Fort George, and Inwood neighborhoods.
  Friday's report highlights the dramatic shift that is taking place in Manhattan's real-estate market. In a report re
  
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• TRUMP TO BUSINESS TITANS: There are 'exciting times ahead'

  03-02-2017 17:00 via feedproxy.google.com
  
  President Donald Trump met on Friday with executives from some of the biggest companies in the world.
  The President's Strategic and Policy Forum is headed by Stephen Schwarzman, the CEO of the private-equity giant Blackstone, and includes executives from JPMorgan, BlackRock, General Motors, Disney, and Boeing.
  Trump called the assembled group the "best and brightest" and said he wanted to hear from its members about issues such as taxation, regulation, and job creation.
  "We're bringing back jobs
  
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• ‘The best advertising is gender neutral’ says Skoda as it talks up Sir Bradley Wiggins deal

  03-02-2017 16:44
  
  Sir Bradley Wiggins has signed a three-year deal with SkodaWhen Skoda announced a three-year partnership with Sir Bradley Wiggins last month, it was hardly a surprise given its origins as a cycle company.
  However, the car brand’s head of UK marketing Kirsten Stagg says there’s more to the move than meets the eye.
  Speaking to Marketing Week, Stagg says the partnership represents a bold shift in Skoda’s marketing away from functional advertising and over to emotionally-led storyt
  
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• US announces new wave of sanctions against Iran

  03-02-2017 16:36 via feedproxy.google.com
  
  The US Treasury on Friday issued a new wave of sanctions against Iran, targeting 13 people and 12 entities days after the White House put Iran "on notice" over its recent ballistic missile test and alleged involvement in an attack on a Saudi ship near Yemen.
  The Treasury said the sanctions are "fully consistent with the United States' commitments" under the Joint Comprehensive Plan of Action, also known as the Iran nuclear deal.
  The sanctions will target those "acting for or on behalf of, or pro
  
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• Macy's has reportedly been approached about a takeover by Canadian retailer Hudson's Bay (M)

  03-02-2017 16:18 via feedproxy.google.com
  
  Macy's has received a takeover offer from Canadian retailer Hudson's Bay, according to a report from the Wall Street Journal.
  According to the Journal's Dana Mattioli, Suzanne Kapner, and David Benoit, the talks are preliminary and a deal is not assured. The report cited sources close to the matter.
  The report also states that the two companies are exploring additionally ways to cooperate outside of a merger, including Hudson's taking on some of Macy's real estate portfolio.
  Hudson's B
  
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• GoPro is tanking after fourth quarter earnings miss (GPRO)

  03-02-2017 16:15 via feedproxy.google.com
  
  Shares of GoPro are down 12.94% at $9.55 a share on Friday morning after the company missed on revenue and issued disappointing guidance on Thursday after market close.
  Revenue during the holiday quarter slid 5.7% versus a year ago to $540.6 million, well shy of the $574.5 million that analysts were expecting. Additionally, GoPro says it sees first quarter revenue of $190 million to $210 million versus the Wall Street estimate of $267.6 million.
  "In 2016, big investments in hardware, c
  
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• Vancouver home sales are crashing

  03-02-2017 16:13 via feedproxy.google.com
  
  Home sales in Vancouver crashed 39.5% year-over-year in January as only 1,523 homes changed hands, according to the latest data released by the Real Estate Board of Greater Vancouver. The reading marked an 11.1% drop from December.
  “From a real estate perspective, it’s a lukewarm start to the year compared to 2016,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said in the report. “While we saw near record-breaking sales at this time last yea
  
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• Smart Energy GB: Marketing Assistant (Media)

  03-02-2017 16:13
  
  £27,972 per annum:Smart Energy GB:
  The purpose of the job is to help us produce amazing, nation changing marketing.
  London (Central), London (Greater)
  
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• Chipotle slips after earnings miss (CMG)

  03-02-2017 16:05 via feedproxy.google.com
  
  Chipotle is down 1.91% at $415.23 a share after the company reported fourth quarter earnings on Thursday after the bell.
  Chipotle missed on revenue, and same-store sales dropped by 4.8% year-over-year.
  Here are the key numbers from Q4, via the Bloomberg consensus:
  EPS (adjusted): $0.55 ($0.50-$0.58 expected)
  Revenue: $1.03 billion ($1.04 billion expected)
  Same-store sales: -4.8% (-4.8% expected)
  Chipotle has been struggling since the E. coli contamination scare started back in fall 201
  
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• Ford is learning just how risky it is to cut deals with Trump (F)

  03-02-2017 15:48 via feedproxy.google.com
  
  President Donald Trump considers himself a dealmaker of the highest order — but that doesn't mean the people on the other side of the deal ever get a chance to celebrate.
  Ford is finding this out the hard way. Reporting for Bloomberg, Keith Naughton confirmed what many suspected: that Ford's chairman, Bill Ford, had been using his access to Trump to put the automaker in a positive position with the new White House and reverse some of the acrimony that had developed between Trump and Ford d
  
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• P&G, Netflix & Trump: 5 things that mattered this week

  03-02-2017 15:00
  
  P&G calls on industry to ‘clean up the media supply chain’
  Last weekend, Procter & Gamble’s chief brand officer Marc Pritchard delivered what Marketing Week columnist Mark Ritson said was “the biggest marketing speech for 20 years”.
  He called on the industry to increase transparency around media buying and viewability and criticised the “murky” supply chain.
  “We have a media supply chain that is murky at best and fraudulent at worst. We ne
  
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• How the Trump era is shaping this year’s Super Bowl ads

  03-02-2017 12:18
  
  Melissa McCarthy tries to save the environment in Kia’s Super Bowl 2017 adA lot has been made of the anti-Trump comments Lady Gaga might utter during her halftime performance at the Super Bowl 2017 this Sunday (4 February), but marketers are just as primed to touch on the political tensions that currently engulf the US.
  While the world’s most coveted ad spot is sure to be dominated by the usual celebrity cameos, here are some of this year’s more politically charged ads.
  Budweis
  
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• Snap Inc files for $3bn IPO as it admits its ad model is still at an ‘experimental’ stage

  03-02-2017 11:12
  
  Snap Inc has admitted it faces a challenge in convincing advertisers of the veracity of its ad business as it files for a $3bn (£2.4bn) IPO that could be one of the largest by a tech firm in years.
  In its filing, Snapchat’s owner says advertising accounted for 98% and 96% of its total revenue in 2015 and 2016 respectively. While it has attempted to reduce that reliance, other revenue streams – such as the product launch of spectacles – are yet to gain any significant tra
  
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• Consumers will spend more on simple brand experiences

  03-02-2017 08:00
  
  Being classed as ‘simple’ isn’t always seen as a positive but when it comes to brand proposition, being simple is most definitely an advantage.
  The majority of consumers (62%) are prepared to pay more for a simple experience, new research finds, while 61% would recommend a brand if it has a clear proposition that saves them time.
  Offering a straightforward shopping experience that meets consumers’ weekly shopping needs – without&n
  
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• Rugby fans are 'marketing goldmine'

  03-02-2017 01:00
  LONDON: As the annual SixNations rugby tournament prepares to kick off on Saturday, marketers have a unique opportunity to reach a wealthy demographic if they set about it in the right way."Rugby fans are a marketing goldmine," according to...
  
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• No stereotypes for no-label men

  03-02-2017 01:00
  LONDON:Marketing to men has largely developed beyond the boorish bloke to embrace modern dads and the "new man" but now needs to evolve yet again and to throw away labels altogether, an industry figure believes.In a Warc Best Practive paper,
  
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• Luxury struggles with digital

  03-02-2017 01:00
  BEIJING: Luxury brands in the west are playing catch-up with their mainstream counterparts when it comes to leveraging digital, but they need to re-learn their approach when tackling China, a new report suggests.A study from analysts Exane BNP...
  
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• Is Snapchat losing out to Instagram?

  03-02-2017 01:00
  NEW YORK: Anecdotal evidence suggests that Snapchat's thunder has been stolen by Instagram in the six months since the latter launched its clone of Snapchat Stories.TechCrunch reported that a range of analytics providers, social media celebrities,...
  
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• Cost is key to rural FTA

  03-02-2017 01:00
  MUMBAI: The introduction of rural viewing data has encouraged marketers to include free-to-air (FTA) channels aimed at the rural market in their media plans, butbroadcasters need to avoid increasing ad rates to too high a level, a leading marketer...
  
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• Can marketing change ingrained habits?

  03-02-2017 01:00
  NEW YORK: In the latest issue of the Journal of Advertising Research (JAR), a team of authors from Truth Initiative make a powerful case that the proper messaging can have a meaningful effect even on addictive behavior.Truth Initiative...
  
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• Ad formats drive ad blocking

  03-02-2017 01:00
  GLOBAL: Adblocking usage in the US, at 18% of internet users, is significantly higher than the global average of 11%, according to a new report, which says usage is driven by specific problems with the delivery of online advertising and is not a...
  
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