Sales & Marketing news

• Another portfolio manager has left struggling hedge fund Folger Hill

  13-02-2017 23:01 via feedproxy.google.com
  
  Mitul Shah, a portfolio manager at Sol Kumin's Folger Hill, has left the hedge fund firm.
  Shah worked at Folger Hill Asset Management for about two years starting in February 2015, according to a LinkedIn page. He left last week, according to people familiar with the matter. 
  Shah has since moved to Holocene Advisors, according to his Bloomberg terminal profile. 
  Shah is at least the second portfolio manager to recently leave Folger Hill. Jennifer Pollak previously left for Ken Gr
  
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• STOCKS HIT ALL-TIME HIGHS: Here's what you need to know (AAPL, AGN, PLKI, BURL, QSR)

  13-02-2017 22:00 via feedproxy.google.com
  
  The three major US equity indexes rose to all-time highs early in Monday's trading session.
  The S&P 500's market capitalization topped $20 trillion for the first time. 
  Shares of Goldman Sachs contributed the most to the Dow Jones Industrial Average. Apple, a component of the tech-heavy Nasdaq and the Dow, rose to a record high.
  Here's the scoreboard:
  Dow: 20,412.16, +142.79, (0.70%)
  S&P 500: 2,328.25, +12.15, (0.52%)
  Nasdaq: 5,763.96, +29.83, (0.52%)
  Allerg
  
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• The owner of Burger King may want to buy Popeye's and the stock is surging (QSR, PLKI)

  13-02-2017 21:23 via feedproxy.google.com
  
  Restaurant Brands International Inc, the owner of the Burger King and Tim Horton's fast-food chains, has approached Popeyes Louisiana Kitchen Inc to express interest in an acquisition, people familiar with the matter said on Monday.
  A deal would be a bet by Oakville, Ontario-based Restaurant Brands that it can use its international reach to introduce Atlanta, Georgia-based Popeyes' famous Louisiana-style fried chicken and buttermilk biscuits to more diners globally.
  RBI and Popeyes have yet to a
  
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• The former Goldman Sachs executive running Trump's economic team is also playing a big role in the repeal of Obamacare

  13-02-2017 18:49 via feedproxy.google.com
  
  Gary Cohn, the former Goldman Sachs chief operating officer who is now the chief economic adviser to President Donald Trump, is working on a variety of economic matters for the president, according to a new profile of his role, but also a big health-related issue: the repeal of Obamacare.
  According to a profile of Cohn's first few weeks in the White House from The New York Times' Kate Kelly, Cohn not only has taken a large role in the new administration when it comes to matters such as job growt
  
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• PRESENTING: Where the 2 leading French presidential candidates stand on the major issues

  13-02-2017 17:22 via feedproxy.google.com
  
  As we edge closer to the unpredictable French presidential election, it's worth taking a look at what the current favorites stand for — and how the markets are feeling about it.
  Recent opinion polls suggest that center-right candidate François Fillon might be knocked out in the first round, which is scheduled to take place around late April, in light of a recently surfaced scandal involving his wife's work as a parliamentary assistant.
  And so, as things
  
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• Ford is gaining after announcing it will pour $1 billion into a new driverless car company (F)

  13-02-2017 16:48 via feedproxy.google.com
  
  Ford Motor is higher by 0.4% at $12.56 a share on Monday morning after announcing late Friday that it will invest $1 billion over the next five years in Argo, a new driverless car company.
  The investment in Argo marks a big shift in Ford's strategy, which has previously focused on in-house efforts to develop autonomous driving. Argo was founded by two engineers who previously worked on autonomous driving at Alphabet and Uber. Ford will own the majority of the company as part of the dea
  
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• Staying close to home could be the smartest financial decision millennials make

  13-02-2017 16:31 via feedproxy.google.com
  
  Trying to persuade your parents to let you move into their basement? Here's some data that might help.
  A new study from the Federal Reserve Bank of Cleveland that looked at 45 years of earnings data shows that young people who lost a job but were still living fairly close to their parents rebounded much more quickly.
  That's presumably because people in that position are able to rely on help from their families for basic things during a time of difficulty or transition. (Another possible explanat
  
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• Verizon slides after announcing it's bringing back an unlimited data plan (VZ)

  13-02-2017 16:25 via feedproxy.google.com
  
  Verizon is down 1.25% at $48.37 a share on Monday morning. 
  The company said on Sunday that it will launch an unlimited LTE data plan, "Verizon Unlimited", on Monday February 13th.
  This is the first time in more than five years that Verizon, the nation’s largest carrier in terms of total subscribers, will have an unlimited offering. The new plan comes on the heels of other renewed and aggressive pushes into unlimited data from rival carrier
  
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• Apple tops all-time closing high after UBS says it's undervalued (AAPL)

  13-02-2017 16:20 via feedproxy.google.com
  
  Apple hit $133.82, surpassing its best close on record after UBS analyst Steven Milunovich said the company is undervalued. The stock's all-time high print is $134.54 and occurred on April 28, 2015. 
  According to Milunovich, management has emphasized the importance of services the past year, however, the services business is still underappreciated by the market. If Apple services were valued similarly to PayPal, the stock would be at least 10% higher, according to t
  
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• Why Google’s ex-marketing director moved to an education startup

  13-02-2017 16:17
  
  After nine years at tech giant Google, James Elias rejoined the startup world as CMO at education startup Avado, claiming that digital learning for businesses “hasn’t been cracked yet”.
  “I had nine amazing years at Google,” says Elias, who notes the “pretty extraordinary growth” of the business during his time there. While he describes his former role as marketing director in UK and Ireland as “a fantastic opportunity”, he felt compelled to
  
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• Bitcoin dives below $1,000

  13-02-2017 16:00 via feedproxy.google.com
  
  Bitcoin is back below $1,000. Overnight selling has pushed the cryptocurrency down 1.10%, or $11, to $989 a coin, and below the psychologically important level for the first time since February 3 as sellers remain in control following the decision by some of China's largest exchanges to block withdrawals.
  Last Thursday, following a meeting with the People's Bank of China, Huobi and OK Coin announced customers would be blocked from withdrawing their bitcoins. 
  The announcement come
  
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• Trump can't take all the credit for the Trump rally

  13-02-2017 15:46 via feedproxy.google.com
  
  The most notable moves in US markets since November 9 started before the election and likely won't be sustained only by its outcome. 
  To recap, US stocks rose to all-time highs after President Donald Trump won the election. Treasury yields also rose, as it appeared that inflation may finally start to take off.  
  The narrative was that Trump, who had touted a pro-business platform, would have the support of a Republican Senate and House of Representatives to enact his tax
  
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• Oscar winner Asif Kapadia on collaborating with Burberry

  13-02-2017 15:30
  
  “Storytelling is always important. Without storytelling there’s nothing really,” states Oscar- and Bafta-winning director Asif Kapadia.
  “I want audiences to go away and think about [what they’ve just seen]. I want them to revisit it and maybe see something else, whether it’s a one-minute film, a TV movie or a feature film. You’ve got to get into their head and under their skin, and that always comes from a story or an idea that’s original.”
  
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• Seabourn appoints new VP for sales and marketing - Travel Daily Media (press release) (registration) (blog)

  13-02-2017 15:13
  
  Travel Daily Media (press release) (registration) (blog)
  Seabourn appoints new VP for sales and marketing
  Travel Daily Media (press release) (registration) (blog)
  Seabourn has named seasoned hospitality executive Chris Austin as Senior Vice President, Global Sales and Marketing. In the role, Austin will be responsible for Seabourn's overall marketing efforts, brand management, sales, and public relations. Chris ...en meer »
  
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• JPMorgan's head IPO banker on what to expect in 2017

  13-02-2017 15:11 via feedproxy.google.com
  
  JPMorgan's head of global equity capital markets, Liz Myers, can name a bunch of reasons 2017 could see a strong rebound in initial-public-offering activity around the world.
  Myers, whose team topped league tables for equity capital markets revenue in 2016 as well as IPO volume share in 2016 and year-to-date, did just that in an interview with Business Insider earlier this month.
  "We're seeing quite a sentiment reversal in the IPO market this year, particularly in the US, where January marked th
  
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• The yen is tumbling after Japan's GDP miss

  13-02-2017 15:02 via feedproxy.google.com
  
  The Japanese yen is weaker after a GDP miss.
  The currency is down by 0.6% at 113.91 per dollar as of 8:46 a.m. ET.
  Earlier, a preliminary estimate showed that the Japanese economy grew by 0.2% in the fourth quarter, below economists' expectations of 0.3%. This was the third consecutive quarter that growth slowed.
  "Growth was not fast enough last quarter to reduce spare capacity any further, but the current level of the output gap remains consistent with stronger price pressures. The upshot
  
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• Trump's trade-war mongering is starting to rattle Wall Street

  13-02-2017 15:00 via feedproxy.google.com
  
  President Donald Trump made international trade, and his skepticism thereof, a centerpiece of his campaign.
  Yet Wall Street, ever hopeful, saw those promises as bluster, choosing instead to focus on Trump's talk of corporate tax cuts and widespread deregulation.
  Now that Trump is in power, markets are starting to realize he has a lot more leeway to enact his trade agenda unilaterally than he does to act on the tax and regulatory fronts, where legislators and the judiciary will have a much greate
  
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• Some of the biggest US companies have their eyes on one of Trump's policy promises

  13-02-2017 14:39 via feedproxy.google.com
  
  A lot of the companies in the S&P 500 have their eyes on President Donald Trump, and one of his policy promises has caught their eyes more than anything else.
  Of the 317 S&P 500 companies that reported their earnings through February 8, roughly 52%, or 162, of those firms have mentioned Trump or the new administration in some wa,y according to analysis by FactSet's John Butters.
  During their quarterly earnings calls, the favorite topic of conversation for these massive firms wa
  
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• Marketoonist on ‘super bowl advertising’

  13-02-2017 14:24
  
  Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne
  See more of the Marketoonist here
  The post Marketoonist on ‘super bowl advertising’ appeared first on Marketing Week.
  
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• Allergan is buying a fat-freezing company for $2.5 billion

  13-02-2017 14:12 via feedproxy.google.com
  
  The hyper-acquisitive multinational pharmaceutical company Allergan is buying the fat-reduction biopharmaceutical company Zeltiq Aesthetics.
  Allergan, which is the Dublin-headquartered maker of Botox, will pay $56.50 a share, or about $2.48 billion, for Zeltiq.
  Zeltiq's sole product is a cryolipolysis, or fat-freezing, device called CoolSculpting.
  "By adding the best-in-class body contouring CoolSculpting System to our best-in-class facial aesthetics, plastic surgery, and regenerative medicine o
  
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• McDonald’s marketing boss on agency relationships, digital disruptors and fake views

  13-02-2017 08:55
  
  It is exactly 10 years since Alistair Macrow joined McDonald’s as UK marketing director. The move from Blockbuster to the fast food chain “was a fairly obvious one”, he says, due to the brand’s scale and societal importance.
  “You find yourself involved in the social make-up of the country. We are serving the best part of 90% of the UK population over the course of a year. You know you have an impact on people’s lives so it was a move I could make pretty comfo
  
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• Yahoo, Heineken & Amazon: Everything that matters this morning

  13-02-2017 08:35
  
  Amazon set for fashion foray
  Amazon is reportedly gearing up to launch its fashion line in the spring. According to Drapers, it has poached senior design and buying experts from Marks & Spencer and Primark and the fashion line is now in production.
  This is just the latest phase in Amazon’s attempts to take a bigger share of the global fashion market. Last year, it launched a photography studio in east London. And earlier this month it promoted its fashion credentials by highlighting th
  
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• Unilever, Disney and Facebook: Everything that matters this morning

  13-02-2017 08:35
  
  Unilever launches first co-working space for startups
  Unilever has set up its first co-working space to allow startup businesses to develop new projects and innovations alongside the FMCG giant’s brands. Called Level3, the 22,000 sq ft workspace is built within Unilever’s regional headquarters in Singapore and will form part of the company’s wider startup inubator programme, Unilever Foundry.
  To date, 15 international and local startups have already established themselves at L
  
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• Tesco, BHS, and Facebook: Everything that matters this morning

  13-02-2017 08:35
  
  Shoppers left short-changed over Tesco’s expired offersA BBC investigation finds that Tesco customers are being short-changed by promotions that have expired but are still advertised on the shelves. The undercover reporter reveals that shoppers were overcharged at two-thirds of the stores visited during the investigation.
  READ MORE: Tesco customers overcharged by out-of-date offers
  Facebook agrees to external audit of ad dataFacebook will commit to an external audit of its advertising data
  
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• Samsung, Argos and Ralph Lauren: Everything that matters this morning

  13-02-2017 08:35
  
  Samsung vice-chairman arrested for corruption
  Samsung vice-chairman Lee Jae-yong has been arrested for paying nearly $40m (£32m) in bribes to the South Korean government in a bid to secure policy favours.
  Lee is accused of bribing Choi Soon-sil, a confidante of South Korea’s impeached president Park Geun-Hye, who is alleged to have forced local firms to “donate” $70m (£56m) to non-for-profit foundations of which Samsung is the biggest donor.
  The ongoing co
  
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• Samsung, Argos & Ralph Lauren: Everything that matters this morning

  13-02-2017 08:35
  
  Samsung vice-chairman arrested for corruption
  Samsung vice-chairman Lee Jae-yong has been arrested for paying nearly $40m (£32m) in bribes to the South Korean government in a bid to secure policy favours.
  Lee is accused of bribing Choi Soon-sil, a confidante of South Korea’s impeached president Park Geun-Hye, who is alleged to have forced local firms to “donate” $70m (£56m) to not-for-profit foundations of which Samsung is the biggest donor.
  The ongoing c
  
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• Facebook, Volkswagen, Amazon : Everything that matters this morning

  13-02-2017 08:35
  
  Facebook takes on YouTube with its own TV app
  Facebook is rolling out its own TV app, allowing users to watch Facebook videos on TV.
  The move could allow it to eventually better compete with the likes of YouTube and traditional television channels for advertising revenue. While the company did not confirm the launch date, it will initially be rolled out across Apple TV, Amazon’s Fire TV and Samsung’s Smart TVs.
  The announcement is in line with Facebook’s increasing focus on vi
  
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• Thai FMCG growth slows

  13-02-2017 01:00
  BANGKOK: FMCG growth in Thailand slowed to less than 2% in 2016 as consumer confidence remained fragile and the country experienced its worst drought in decades.Latest data from research firm Kantar Worldpanel, reported in The Nation, show that,...
  
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• Social accounts for third of online news

  13-02-2017 01:00
  WASHINGTON, DC: Americans searching out news online turn equally to news websites and social media, and while most are aware of news sources a significant minority thinks that Facebook is a news outlet, research has shown.Pew Research Center...
  
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• Nestlé explores future of audio ads

  13-02-2017 01:00
  LAS VEGAS: Nestlé, the food group, believes that tapping into the power of digital audio services can help brands engage consumers using the power of "moodvertising".Pete Blackshaw, the Global Head/Digital & Social Media at...
  
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• Millennials drive US car market

  13-02-2017 01:00
  NEW YORK:New car sales in the US are predicted to hit 18.5m in 2017, with millennials playing a crucial role in growing the market, according to a new study.Research for the
  
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• India CX needs work

  13-02-2017 01:00
  MUMBAI: Customer experience is increasingly seen as a brand differentiator but fewcompanies in India are successfully exploiting the opportunities, according to a new report, although most can see areas where they can improve.The
  
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• Engaging consumers in micro-moments

  13-02-2017 01:00
  LONDON: Mobile consumption often involves 'micro-moments' of usage but these slivers of time can be successfully exploited to build brands and drive action, an industry figure argues.Writing in the current issue of Admap, Ian Gibbs of On Device...
  
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• Email marketing lacks relevance

  13-02-2017 01:00
  LONDON: Nearly all marketers regard email as important to their work, but fewer than one in ten believe all their emails to customers are relevant, according to a new study.The
  
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