Sales & Marketing news

• Corporate America is out of touch

  19-03-2017 17:08 via feedproxy.google.com
  
  The relationship between Main Street and Big Business appears to have broken down completely in the United States.
  Brunswick, the international advisory firm, has just released their global survey of over 40,000 people from 26 countries. The survey spans generations, geographies and measures global sentiment on an array of topics such as globalization and automation.
  And what is striking is that respondents in the United States are among the most likely to be highly skeptical of the role of
  
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• 'Beauty and the Beast' earns $170 million to have the 7th highest opening weekend ever

  19-03-2017 16:33 via feedproxy.google.com
  
  Disney has proven once more that audiences have a thirst for live-action remakes of its animated classics.
  Following the live-action version of "The Jungle Book" earning close to $1 billion worldwide last year, the studio looks to have another cash cow in the making with "Beauty and the Beast" breaking the record for the biggest opening weekend ever for March with an estimated $170 million, according to Variety.
  That jumps the previous record holder, "Batman v Superman: Dawn of Justice," wh
  
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• We just drove the all-electric Chevy Bolt — and Tesla is officially in trouble (TSLA, GM)

  19-03-2017 16:27 via feedproxy.google.com
  
  NBA superstar Charles Barkley made a now-legendary comment prior to the US Olympic basketball Dream Team playing Angola in 1992. 
  "I don't know anything about Angola, but I know they're in trouble," Barkley quipped. The US went on to win by 116-48.
  Tesla isn't the automotive equivalent of Angola, but at times I get the sense that General Motors considers itself the Dream Team: the car company that symbolizes US manufacturing might.Both Tesla and GM have been to hell and back since
  
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• The dollar is starting to act like an oil currency

  19-03-2017 16:20 via feedproxy.google.com
  
  The relationship between the US dollar and crude oil has changed again, reflecting America's growing role in the global oil industry.
  When oil prices fall, the greenback is traditionally not one of the more vulnerable currencies. And when oil does well, that doesn't necessarily translate to a strong dollar.
  That's because the dollar is not a petrocurrency, the term given to currencies of countries like Canada that export oil and rely on the resulting revenue for economic growth. The lines, howev
  
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• Here's what 9 Wall Street gurus think about the Fed's rate hike

  19-03-2017 13:39 via feedproxy.google.com
  
  The Federal Reserve hiked interest rates on Wednesday, raising its target federal funds rate by 25 basis points to a range of 0.75% to 1.0%.
  The rate hike is seen as a vote of confidence in the US economy, which has witnessed increasing inflation and job growth.
  All of the members of the Federal Open Market Committee except for the Minneapolis Fed governor, Neel Kashkari, voted in favor of a rate hike.
  Here's a roundup of reactions from Wall Street firms following Wednesday's decision.Societe Ge
  
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• One of Wall Street's biggest theories about higher interest rates is about to be tested

  19-03-2017 11:02 via feedproxy.google.com
  
  Higher interest rates are supposed to be bad for stocks. But are they now?
  On Wednesday, the Federal Reserve raised its benchmark rate for the third time in this recovery and signaled that three more hikes are on the way in 2017. 
  Higher rates increase borrowing costs for companies and make it harder for them to access funds they need to expand. They also impact consumers, who may cut discretionary spending, meaning less US revenues for companies. 
  These are long-held th
  
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• GUNDLACH: My favorite stock market is on fire

  19-03-2017 03:34 via feedproxy.google.com
  
  Jeff Gundlach, founder and chief executive officer of DoubleLine Capital, named India as his "favorite stock market," urging investors to look for opportunities in emerging markets and Europe.
  "My favorite stock market India that I've been touting now for years, is doing great this year," Gundlach told CNBC's Scott Wapner on Fast Money's Half-Time Report on Wednesday.
  Back in January, Gundlach suggested that investors should look at India and Japan.
  "I love it when something has underp
  
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