Sales & Marketing news

• A new survey shows a lot of young Wall Streeters want out

  03-07-2017 21:56 via feedproxy.google.com
  
  This chart should concern Wall Street. 
  A survey of 300 finance professionals with six to 10 years of post-MBA experience by the Toigo Foundation and Russell Reynolds Associates, a New York-based executive-search firm, found 50% of finance employees want to leave their job in the next one to three years. And 20% are considering leaving finance all together.
  The survey was conducted to shed light on the so-called talent crisis on Wall Street. Top students from America's most presti
  
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• Ford and Fiat Chrysler sales fall less than expected, GM misses (GM, F, FCAU)

  03-07-2017 21:24 via feedproxy.google.com
  
  US auto sales rose less than forecast in June, extending a soft patch that's characterized this year.
  Sales rose at a seasonally adjusted annual rate of 16.51 million, CNBC reported. Sales fell 13.2% year-on-year, Autodata said.
  Economists had forecast that total vehicle sales rose at a seasonally adjusted annual rate of 16.58 million, according to Bloomberg.
  Auto sales have slowed every month this year following seven straight years of record-setting volumes. And this suggests that the mar
  
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• Tesla slowed down deliveries because of an issue with its battery packs (TSLA)

  03-07-2017 21:03 via feedproxy.google.com
  
  Tesla on Monday reported vehicle deliveries for the second quarter that were lighter than expected: 22,000 in total — versus the first quarter's record of 25,000 — thanks to challenges with the largest battery pack for the all-electric cars.
  Just over 12,000 of the cars delivered were Model S, and over 10,000 were Model X, the carmaker said.
  That was a 53% increase over the same quarter in 2016, bringing the yearly tally through June to 47,100 — slightly off the pace of 50,000
  
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• The US car market still looks solid — but there's one critical datapoint to watch

  03-07-2017 21:01 via feedproxy.google.com
  
  After record years in 2015 and 2016, when over 17 million cars rolled off dealer lots each year, auto sales are flattening in the US.
  In June, there were some sales surprises and several carmakers posted better-than-expected numbers, but overall, the sales pace came in at a little more than 16.5 million.
  “The automotive industry continues to put up very good numbers, even in a post-peak market era, with June [sales pace] in the 16.5 million range," said Rebecca Lindland, executive analyst
  
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• This is what young Wall Streeters want from their employers

  03-07-2017 20:58 via feedproxy.google.com
  
  For decades the only thing Wall Street firms had to do to attract top talent was offer the most competitive salaries and bonuses. But that may not be enough anymore. 
  That's according to a recent report out by the Toigo Foundation and Russell Reynolds Associates, New York-based executive-search firm. The two firms surveyed 300 financial professionals with six to 10 years of post-MBA experience to uncover why some Wall Streeters might be thinking about leav
  
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• The Fed’s definition of price stability is probably different than yours

  03-07-2017 20:06 via feedproxy.google.com
  
  The Federal Reserve Act, as mandated by Congress, established a dual mandate to guide the Federal Reserve (Fed) in setting monetary policy. Price stability, one of the mandates, benefits economic growth as it allows investors, corporations, and consumers the ability to better predict future prices and therefore allocate investments and spending in a more optimal manner.To consider why price stability is beneficial, consider an oil producer deciding whether or not to invest in a new well. To simp
  
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• Nvidia is crowned the smartest company in the world right now (NVIDIA)

  03-07-2017 19:01 via feedproxy.google.com
  
  Nvidia was crowned the smartest company in the world by MIT.
  The graphic processing unit (GPU) manufacturer was announced as the smartest among all public and private companies by MIT because of its business savvy and innovative technologies.
  The list, produced by MIT, listed other companies like SpaceX and Amazon at the top of the list, but neither could match the prowess of Nvidia.
  "The list is our best guess as to which firms will be the dominant companies of the future. Amazon and Face
  
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• The Dow hits a record high (DJIA)

  03-07-2017 17:37 via feedproxy.google.com
  
  The Dow Jones Industrial Average hit a record high of 21,548 on Monday, up 0.93%. After hitting that high, the index pulled back. 
  So far this year, the index is up 8.32%. The tech-heavy NASDAQ 100 is up 14.37% and the S&P 500 is higher by 7.94%.
  The FAANG stocks are down on Monday amid ongoing concerns of stretched valuations.
  Click here to watch the DJIA trade in real time ...
  SEE ALSO: FAANG stocks are sliding as the Dow hits record highs
  Join the c
  
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• Pizza Express restaurants to host standup comedy in bid to arrest sales decline

  03-07-2017 17:32
  
  Pizza Express is on a mission to turn the business around after facing heavy losses, and is looking to standup comedy and celebrity talks to differentiate itself from newer competitors.
  The Telegraph revealed this morning (3 July) that losses at Pizza Express reached £17m in 2016, compared to a £10m loss in the previous year. Like-for-like sales in the UK and Ireland fell by 0.9% in 2016, despite the chain agreeing a new partnership with delivery giant Deliveroo.
  The brand’s CE
  
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• Young Wall Streeters were surveyed about their experiences in finance — and their responses were brutal

  03-07-2017 17:25 via feedproxy.google.com
  
  Wall Street has cause for concern.
  That's according to a recent report by the Toigo Foundation and Russell Reynolds Associates, a New York-based executive-search firm. The two firms surveyed 300 financial professionals with six to 10 years of post-MBA experience to uncover why some Wall Streeters might be thinking about leaving finance.
  The global survey ran the financial, ethnic, and geographical gamut.
  Top students from America's most prestigious MBA programs are increasingly seeking out caree
  
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• BANK OF AMERICA: We may have just witnessed the 'first step' toward the end of the bull market

  03-07-2017 17:22 via feedproxy.google.com
  
  You'd be hard-pressed to find an equity strategist at a major Wall Street firm who has called the end of the 8-year-old bull market.
  But they may have just done that as a collective, according to Bank of America Merrill Lynch.
  The bank has a sell-side indicator of stocks, based on its survey of Wall Street strategists' asset allocation recommendations on the last day of every month. As of June 30, the indicator is at its highest level since 2011.
  "The recent inflection from skepticism to optimis
  
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• FAANG stocks are sliding as the Dow hits record highs (FB, AAPL, AMZN, NFLX, GOOGL)

  03-07-2017 17:21 via feedproxy.google.com
  
  Tech stocks continue their roller coaster performance as FAANG stocks during Monday's holiday-shortened session.
  The major tech stocks are all down, even as the Dow Jones Industrial Average hits all-time highs. 
  Tech stocks have been propping up the Nasdaq this year, but recently the FAANG stocks have come under pressure.
  Here's how the FAANG stocks are performing on Monday.
  Facebook (FB): -1.49%
  Amazon (AMZN): -1.28%
  Apple (AAPL): -0.35%
  Netflix (NFLX): -1.60%
  Alphabet (GOOGL): 
  
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• Here's how much health insurance premiums could increase under the Senate healthcare bill

  03-07-2017 17:18 via feedproxy.google.com
  
  Republicans have made lower insurance premiums one of their biggest promises on healthcare.
  But an analysis by the Kaiser Family Foundation found that once you factor in tax credits, the endpoint premium payment for most Americans in the individual health insurance market would increase under the Better Care Reconciliation Act, Senate Republicans' bill to overhaul the US healthcare system.
  The nonpartisan health-policy think tank broke down just how much premiums for a silver-level plan in the i
  
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• Tesla is about to do something it's never done before (TSLA)

  03-07-2017 17:09 via feedproxy.google.com
  
  In the wee hours of Monday morning on the East Coast and around midnight in California, Tesla CEO Elon Musk fired off a series of tweets confirming that the carmaker's $35,000 Model 3 will commence production in July.
  Tesla will deliver the first 30 vehicles to customers at the end of July, and Musk maintains that production will rise to 20,000 cars per month by December — that would be just a few thousands less than Tesla typical current quarterly output for its Model S sedan and Model X
  
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• Jeff Gundlach's 'critical level' for the 10-year is being tested

  03-07-2017 16:38 via feedproxy.google.com
  
  The US 10-year yield is testing a "critical level" singled out by bond guru Jeff Gundlach on Friday. Selling amid a quiet holiday session has the benchmark yield up 3 basis points at 2.33%. 
  "US 10-year yield above 200-day moving average, broke downtrendline from March. Critical level now 2.32%, probably coincides with 0.50% Bund," Gundlach tweeted on Friday. 
  On June 14, the Federal Reserve lifted its benchmark interest rate for the fourth time since the finan
  
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• Auto stocks are rallying after US sales top expectations (F, GM)

  03-07-2017 16:38 via feedproxy.google.com
  
  US auto sales numbers were released Monday, with many companies beating Wall Street's expectations.
  Even though sales numbers were flat compared to May, many of the figures came in higher than expected. This sent many of the auto stocks higher holiday-shortened Monday trade.
  Here is a list of the biggest auto companies and their stock's performance on Monday following the sales numbers release.
  Toyota: +1.58% 
  Nissan: -0.09% 
  Ford: +3.49% 
  Mazda: -0.5%&nb
  
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• The head of digital at a $3 trillion financial giant shares 3 pieces of simple investment advice for millennials

  03-07-2017 16:33 via feedproxy.google.com
  
  For many people, investing is a scary thing. The financial markets are complicated, and people don't want to lose all their money by messing up. 
  Tobin McDaniel, senior vice president and head of digital and managed advice at Charles Schwab, a San Francisco-based brokerage firm, knows all about messing up in investing. In a recent conversation with Business Insider, he talked about how he lost a bit of money as a college student during the dot-com bubble in the 1990s. 
  "You could buy a
  
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• Vevo takes swipe at YouTube as it pushes brand safety message

  03-07-2017 10:21
  
  Vevo is looking to capitalise on the YouTube scandal by pushing a message of “quality” to attract ad dollars.
  During a press lunch last week, Vevo’s CEO Erik Huggers explained that since joining the company two years ago, he has been on a mission to overhaul the business.
  This has primarily been focused “on getting the basics right” by relaunching its app, producing its own content and by bringing out new features such as ‘Watch Party’, which allows
  
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• Waitrose, Channel 4, Microsoft: Everything that matters this morning

  03-07-2017 08:52
  
  Waitrose returns to TV sponsorship on Channel 4
  4 Sales has announced a new partnership with Waitrose, whereby the supermarket will sponsor its Food on 4 programmes. This includes shows on Channel 4 such as Jamie and Jimmy’s Friday Night Feast, Fearless Chefs and My Kitchen Rules. It also includes shows on UKTV’s Good Food and W Channels.
  “The Food on 4 programmes are extremely popular with our customers, so this partnership gives us a new way of communicating to them abo
  
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• Volvo, Samsung, Nokia: Everything that matters this morning

  03-07-2017 08:52
  
  Volvo backs electric cars in a major way
  Carmaker Volvo says every one of its models launched beyond 2019 will have an electric motor. The move, which is being called an industry first, will mark the end of cars that only have an internal combustion engine.
  Volvo’s range of electrified cars will include all-electric, plug-in hybrid and mild hybrid models. Volvo will launch five fully electric cars between 2019 and 2021.
  “This is about the customer,” said its CEO Håkan Sam
  
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• ITV, Uber, Nike: Everything that matters this morning

  03-07-2017 08:52
  
  EasyJet CEO Carolyn McCall ‘favourite to take over at ITV’
  Carolyn McCall, the chief executive of easyJet, has emerged as the leading candidate to be the new chief executive of ITV.
  McCall, who is understood to have been interviewed for the role, is considered to be one of the strongest candidates on ITV’s shortlist and if she is successful she would become Britain’s most powerful female TV executive.
  The broadcaster is understood to have settled on its preferred candidat
  
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• Carlsberg, Subway, Dove: Everything that matters this morning

  03-07-2017 08:52
  
  Subway plans major UK expansion
  Subway plans to add 500 new restaurants to its UK and Ireland estate by 2020, creating 5,000 new jobs in the process.
  Today, the fast food retailer confirmed it will soon be opening its 2,500th outlet in Bristol, the first step on its goal to reach the 3,000 mark over the next three years.
  Its stores are all owned and operated by a network of small business owners. By 2020 it is predicted overall employee numbers will hit the 24,000 mark in the UK and Republi
  
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• Bake Off, Deliveroo, Pizza Express: Everything that matters this morning

  03-07-2017 08:52
  
  Great British Bake Off will be “product placement free”
  Channel 4 will not offer advertisers the chance to pay for product placement during the Great British Bake Off in order to maintain the “integrity” of the series.
  According to reports in the Guardian, Channel 4 is looking to generate £25m a year from a range of other commercial deals to cover the cost of poaching the show from the BBC last year. It is estimated the broadcaster will need to make at least £
  
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• From iconic to punchline: Blockbuster’s CMO reflects on how things imploded

  03-07-2017 08:29
  
  At its peak, Blockbuster had over 50 million members worldwide. Nowadays, it’s nothing more than a punchline referenced alongside Kodak during cliché marketing presentations titled: ‘Innovate or die!’
  A number of factors contributed to Blockbuster going under. But the main reason it went out of business in 2013 was its failure to adapt to a changing retail environment where streaming movies made renting physical DVDs feel caveman-like. Of course, things could have been v
  
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• UK extends ban on junk food ads

  03-07-2017 01:54
  
  LONDON: UK regulators introduced tough new rules at the weekend that ban ads for products high in fat, salt or sugar (HFSS) in all children's media, including Facebook and other social media platforms.Drawn up by the
  
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• Reliance Jio thinks beyond 'free' for new growth

  03-07-2017 01:54
  
  MUMBAI: Upstart telco brand Reliance Jio built a 100m-strong subscriber base by giving away voice and data for free, but now the hard work is beginning for the brand in India's brutal telco category, according to the company's Chief Digital Officer....
  
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• JPMorgan Chase champions data-driven creativity

  03-07-2017 01:54
  
  CANNES/NEW YORK: Marketing creativity can benefit from tapping into the powerful data sources now available to agencies and brands, according to Kristin Lemkau, CMO of JPMorgan Chase & Co.Lemkau discussed this topic during a session at the...
  
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• Instagram deploys AI to combat online abuse

  03-07-2017 01:54
  
  SAN FRANCISCO: Instagram, the Facebook-owned photo-sharing app, is cracking down on abusive and offensive comments posted online in a move that aims to make the platform a "safe place for self-expression".The company announced last week that it...
  
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• How ABM is changing the face of B2B marketing

  03-07-2017 01:54
  
  LONDON: Account-based marketing (ABM) is experiencing a surge in popularity among B2B marketers, but an industry figure warns that, without a clear strategy, the promised benefits are unlikely to materialise.In a WARC Best Practice paper,
  
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• Consumer electronics brands cut digital adspend

  03-07-2017 01:54
  
  SYDNEY: Consumer electronics brands in Australia appear to be reverting to a selection of traditional media channels after cutting their digital adspend in the first quarter of the year.According to the latest figures from
  
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• Canada is named world's most reputable country

  03-07-2017 01:54
  
  TORONTO: Canadians celebrated Canada Day last weekend, marking the country's 150th anniversary, and they had another reason to be pleased after a new report named Canada as the most reputable country in the world.That is according to the...
  
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