Sales & Marketing news

• Jeff Gundlach just painted an ugly picture for US stocks

  08-05-2017 23:34 via feedproxy.google.com
  
  Legendary bond investor Jeffrey Gundlach, founder of Double Line Capital, told a group of investors to be very afraid of the US stock market.
  He was speaking at the Sohn Investment conference. Specifically, he told attendees to go long the iShares Emerging Markets ETF and short the S&P 500.
  He argued the outperformance of passive investors in the S&P 500 and the underperformance of Emerging Markets are both cyclical — and both of those cycles are about to change.
  To illustrate
  
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• STURM RUGER: Gun demand was unusually strong before the election, but now it's slumping (RGR)

  08-05-2017 23:24 via feedproxy.google.com
  
  Demand for guns from Sturm, Ruger & Co. slowed in the first quarter, according to the company's earnings results released on Monday. 
  The firearms-maker said sell-through of its products from independent distributors to retailers fell 7% after "stronger-than-normal demand [from consumers] during most of 2016, likely bolstered by the political campaigns for the November 2016 elections."
  Gun demand rose as then-Democratic presidential candidate Hillary Clinton led in the polls. Some prosp
  
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• The leader of the House's hardline conservative caucus is trying to get a 'grand compromise' with the Senate on healthcare

  08-05-2017 22:54 via feedproxy.google.com
  
  Rep. Mark Meadows and the hardline conservative House Freedom Caucus are working to help craft the Senate's version of the Republican healthcare bill.
  Meadows told HuffPost that he has been working with the Senate on the bill for it to reflect the more conservative elements that the Freedom Caucus worked to add to the American Health Care Act, which passed through the House last week.
  A source close to the Freedom Caucus confirmed to Business Insider on Monday that Meadows has&nbs
  
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• Tesla shares have been booming — but another automaker has been doing even better (TSLA, RACE)

  08-05-2017 22:54 via feedproxy.google.com
  
  Tesla has unquestionably been on a tear since the beginning of 2017, up over 40%, with a market cap of $50 billion — neck-and-neck with General Motors and a few billion higher than Ford.
  Over the past 12 months, Tesla shares have risen 50%. You might think performance like that would be hard to beat in the car business (even though a lot of people seem to think that Tesla is a tech stock). 
  But you'd be wrong.
  The best-performing car company in the sector isn't Tesla, founded in
  
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• BUFFETT: 'Be very, very, very suspicious' of a budget trick Trump is about to use

  08-05-2017 22:42 via feedproxy.google.com
  
  In an interview with CNBC, billionaire investing legend Warren Buffett told people to be wary of a trick the Trump administration is about to use to make the federal budget look more balanced — dynamic scoring.
  "Everybody that wants a cut in taxes can hire some academics and they look for dynamic scoring and they say the country will really be better off if I pay less tax," he said. "I don't blame them, it's very understandable. So be very, very, very suspicious of dynamic scoring."
  T
  
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• Hertz tanks 15% after missing big on earnings (HTZ)

  08-05-2017 22:40 via feedproxy.google.com
  
  Hertz Global Holdings, the parent company of Hertz car rental franchises, saw its stock plunge 15% to $12.67 a share after reporting a first-quarter loss that was worse than analyst forecasts.
  The adjusted loss for the period was $1.61 per share, missing analyst estimates of an $0.84 per share deficit. The company also reported quarterly revenue of $1.92 billion, missing a consensus forecast of $1.95 billion.
  "As previously outlined, we are executing on a turnaround plan," president and CEO 
  
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• STOCKS GO NOWHERE: Here's what you need to know (SPX, INDU, CCMP)

  08-05-2017 22:04 via feedproxy.google.com
  
  Stocks were little changed on Monday amid a muted reaction to the French election, the outcome of which was already largely priced into markets.
  All three major indices were almost completely unmoved on the day, after the S&P 500 and Nasdaq finished last week at record highs.
  First up, the scoreboard:
  Dow: 21,012.28, +5.34, (+0.03%)
  S&P 500: 2,399.38, +0.09 (0.00%)
  Nasdaq: 6,102.66, +1.90 (+0.03%)
  US 10-year yield: 2.385%, +0.0362
  WTI crude: $46.46, +0.24, +
  
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• Here's what David Einhorn just presented at one of the biggest hedge fund conferences of the year

  08-05-2017 21:52 via feedproxy.google.com
  
  David Einhorn presented his short thesis for Core Labs at the Sohn Investment Conference in New York City on Monday, arguing that Wall Street has been getting the story wrong on the company since 2008.
  The company survived a rout that beat its peers in 2008, Einhorn said. That led analysts to "falsely think it's a secular growth story... generally immune to oil price volatility." 
  But it's not. Actually, he said, it's riding an international capex cycle. As the world invests less in fo
  
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• Business Insider is hiring a paid intern for its markets editorial team

  08-05-2017 21:31 via feedproxy.google.com
  
  Business Insider's markets team is looking for someone who is fascinated by financial news and wants to tell the world about it.
  The ideal intern will be someone who is following the price of oil and gold, the Nikkei in Japan, and the latest developments from the Fed.
  We're looking for someone who gets a thrill out of scouring earning reports, economic data, and futures markets for the next big story. The ideal intern:
   
  Is a markets data junkie who gets excited by
  
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• A hedge fund manager thinks he's found the perfect way to invest in Tesla (TSLA)

  08-05-2017 20:54 via feedproxy.google.com
  
  Chamath Palihapitiya, the founder of hedge fund Social Capital, thinks he's found the perfect way to invest in Tesla — 2022 convertible Tesla bonds.
  He presented his thoughts at the Sohn Conference in New York City on Monday.
  Now, Palihapitiya admitted that the company is controversial.
  "There's always good, there's generally some bad, and then there's some ugly," he said. "The one thing we can all agree on is that these things are extremely capital intensive... at least twice the capital
  
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• Sign up to our webinar on how AI will transform knowledge worker capabilities

  08-05-2017 18:15
  
  It has been said that machine learning will alter radically the utility of all enterprise software. We are entering a major technology inflection point.
  Think about it in terms of previous technology revolutions: The age of steam created the industrial revolution by replacing the power of man and beast with the significantly greater power of coal. The age of information processing increased the capabilities of workers in knowledge, clerical excellence and bureaucracy, but were replaced by compu
  
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• Diageo looks to ‘close the circle’ between content and sales with Amazon tie-up

  08-05-2017 17:48
  
  Diageo Reserve has inked a deal with Amazon as part of wider moves to ‘close the circle’ between content and sales and introduce its brands to new audiences.
  The five-part travel series World Class List follows aspiring musician and drinks enthusiast Carey Watkins. Watkins explores the best of what to see, do, eat and drink in Sydney, Taipei, Barcelona, San Francisco and Mexico City. Guiding him on his journey are some of the world’s top bartenders, who will explain how to make
  
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• NatWest says ‘pride’ is returning to the brand as it launches diversity push

  08-05-2017 16:19
  
  NatWest has launched a new campaign celebrating the diversity of modern cricket, as it looks to tie up its brand values with its cricket sponsorship.
  NatWest has inked a new deal with the England and Wales Cricket Board [ECB] to become principal partner following a 36-year association with the sport.
  The ‘Cricket has no boundaries’ campaign is primarily out-of-home, with billboards featuring inspirational messages that utilise inspirational figureheads such as Ebony-Jewel Rainford-Br
  
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• Harry Lang: Consumers use the dark web to avoid brands, and we have to accept it

  08-05-2017 12:05
  
  Every social media-savvy adult is aware that Google, Facebook, Amazon and their ilk are not so much service providers as weapons-grade data miners.
  Their ability to understand, target, retarget and exploit their users means that consumers are left seemingly powerless to their glittery charms. They seem to know what we want before we do – and then handily serve it through an ad or pop-up with a one-click Paypal link just at the instant we’re ready to buy.
  The social networks are parti
  
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• Snapchat, John Lewis, Disney: Everything that matters this morning

  08-05-2017 08:50
  
  Snapchat to publish its first earnings report
  Snap Inc. is scheduled to report its first quarterly earnings as a public company today, thereby giving investors the chance to dig deeper into the operation.
  Analysts expect the company to report revenues of $158.3m (£122m), a 308% year-on-year rise, according to Factset. And the market is anticipating daily active users – a key metric for Snap – to rise to 170 million from 158 million the quarter before.
  READ MORE: Facebook and Tw
  
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• Snap, Pret A Manger, Diageo: Everything that matters this morning

  08-05-2017 08:50
  
  Snap shares tumble 20% after disappointing growth
  Shares in Snap, the parent company of Snapchat, fell 20% after disappointing growth in the first three months of 2017.
  The first results posted since Snap’s IPO in March – the biggest in the US since 2014 – saw the company’s net loss reach $2.2bn (£1.7bn), due largely to costs associated with the IPO. Snap’s adjusted loss of $188.2m (£145.3m) was $10m (£7.7m) higher than expected.
  Compared to t
  
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• Hyundai, Netflix, Aldi: Everything that matters this morning

  08-05-2017 08:50
  
  Hyundai and Kia forced to recall 240,000 cars
  Hyundai and Kia have been ordered to recall 240,000 cars after an ex-Hyundai employee raised concern about defects to 12 car models.
  It is the first time the South Korean government has issued a compulsory vehicle recall.
  However, Hyundai and Kia have refused to act voluntarily, saying any problems which do exist do not compromise safety.
  The calls will add to the 1.5 million cars which Hyundai and Kia offered to fix last month in South Kor
  
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• Havas, Netflix, Aldi: Everything that matters this morning

  08-05-2017 08:50
  
  Vivendi makes move to merge with Havas in €2.4bn deal
  French tycoon Vincent Bollore took the first step in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate.
  Vivendi said it was making an offer to buy Group Bollore’s 60% stake in advertising group Havas for €9.25 a share, a premium of 8.8% over Wednesday’s closing price, in a €2.36bn deal.
  The combined entity would represent more than &eur
  
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• Facebook, TfL and Arla Foods: Everything that matters this morning

  08-05-2017 08:50
  
  Facebook launches campaign to combat fake news
  Facebook is taking steps to help combat fake news during the UK general election, including a print campaign sharing 10 tips on how to spot it.
  Users are advised to look out for “catchy headlines in all caps with exclamation marks” and for “phoney lookalike URLs” among other things.
  As part of its fight against the spread of false information it will also delete tens of thousands of questionable accounts, as we
  
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• Apple, Dove and Instagram: Everything that matters this morning

  08-05-2017 08:50
  
  Apple surpasses $800bn valuation mark
  Apple has landed a $1 trillion valuation estimate, from US broker Drexel Hamilton.
  On the estimation day the tech giant’s shares surpassed $800bn for the first time, lifting its target price from $185 a share to $202. If Apple were to hit the target price its market capitalisation wold be more than $1 trillion.
  READ MORE: Apple surpasses $800bn valuation mark – as US broker suggests it could be worth more than $1 trillion
  Dove introduce
  
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• P&G’s ‘Irresistible Superiority’: Savvy slogan or meaningless mantra?

  08-05-2017 08:00
  
  When Procter and Gamble (P&G) unveiled its new ‘Irresistible Superiority’ mindset to analysts last week, it was met with confusion and bafflement.
  After all, what does it really mean? Chief financial officer Jon Moeller attempted to win over his audience by explaining how the company is overhauling its approach to advertising, products, packaging, sampling and in-store promotions – all in order to drive growth.
  When Marketing Week approached the FMCG giant for further comme
  
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• Patanjali storms to second place in Indian FMCG market

  08-05-2017 02:00
  
  NEW DELHI: Patanjali Ayurved, India's home-grown FMCG brand, has announced earnings of Rs 10,561 crore for FY17, placing it second only to Hindustan Unilever in revenue and well ahead of its other international FMCG rivals.The company, founded in...
  
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• New Telefónica app partnership gives rewards for data

  08-05-2017 02:00
  
  MUNICH/LONDON: Telefónica Germany, the mobile network that operates under the O2 brand, has joined forces with a British start-up to provide its customers with more control over their personal data in return for more relevant ads.Under the...
  
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• YouTube enlists stars for original shows

  08-05-2017 01:26
  
  NEW YORK: YouTube is ramping up its efforts to expand the amount of original content it offers, with plans to release more than 40 original shows and movies over the next year.After months of bad publicity following revelations that some of the...
  
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• Young agency executives doubt video metrics

  08-05-2017 01:26
  
  LONDON: Some 60% of UK ad agency executives aged 30 and under regard video as an ineffective medium when it comes to campaign metrics, a new survey has found.Furthermore, this generation of young professionals account for 57% of agency staffers...
  
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• Why marketing goes wrong

  08-05-2017 01:26
  
  TORONTO: Latent sexism, cultural insensitivity and an inability to "fail fast" are among the main reasons that marketing campaigns go wrong, according to Jon Wilkins, Chairman of ad agency Karmarama.Wilkins – who, before Karmarama, was the...
  
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• Patanjali storms to #2 in Indian FMCG market

  08-05-2017 01:26
  
  NEW DELHI: Patanjali Ayurved, India's home-grown FMCG brand, has announced earnings of Rs 10,561 crore for FY17, placing it second only to Hindustan Unilever in revenue and well ahead of its other international FMCG rivals.The company, founded in...
  
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• P&G seeks flexible programmatic buying

  08-05-2017 01:26
  
  CINCINNATI: Procter & Gamble (P&G), the FMCG giant that has issued a series of warnings this year about the need to reform digital advertising, is ending its seven-year relationship with ad tech firm AudienceScience.While P&G did not...
  
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• New Telefónica app gives rewards for data

  08-05-2017 01:26
  
  MUNICH/LONDON: Telefónica Germany, the mobile network that operates under the O2 brand, has joined forces with a British start-up to provide its customers with more control over their personal data in return for more relevant ads.Under the...
  
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• Indians strongly prefer personalised ads

  08-05-2017 01:26
  
  MUMBAI: Three-quarters (75%) of Indian consumers prefer toreceive personalised ads and the majority (59%) regard online ads as more interesting and useful than those on traditional channels, such as TV and radio, a new survey has revealed.What's...
  
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