Sales & Marketing news

• A big shift happened in the market for electric cars last year and it says a lot about the kinds of cars Americans want

  09-04-2018 23:51 via feedproxy.google.com
  The electric car market now offers consumers more options than ever before.A report by Bloomberg New Energy Finance tallied the number of battery-powered, plug-in hybrid, and fuel cell vehicle models that have been available in the US and Canada for the past nine years and found that more and more car makers are creating electric cars. This chart by Statista shows just how much the electric car market has grown in the US: Consumers can now choose from 54 different electric car models, while
  
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• The search for a new Alzheimer's treatment just hit another setback (VTVT)

  09-04-2018 23:01 via feedproxy.google.com
  An experimental drug to treat Alzheimer's disease just failed a late-stage trial. 
  VTV Therapeutics, a small company in North Carolina, was developing an Alzheimer's drug azeliragon to inhibit the RAGE receptor, ideally to help people with mild Alzheimer's delay cognitive decline.Its phase 3 trial wrapped up in early 2018, but the treatment, when compared to placebo, "did not improve in cognitive or functional outcomes." The company is discontinuing its clinical trials. 
  
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• The Dow ekes out a gain after surrendering 300 points in the final hour of trading

  09-04-2018 22:32 via feedproxy.google.com
  US stocks surged early, but struggled to hold onto their gains. The Dow Jones industrial average nearly erased its 400-point gain, finishing higher by just 46 points, or 0.19%. 
  Here's the scoreboard:
  Dow Jones Industrial Average: 23,979.10 +46.34 (+0.19%)
  S&P 500: 2,614.13 +9.66 (+0.37%)
  AUD/USD: 0.7701 +0.0024 (+0.29%)
  ASX 200 SPI futures: 5,784.5 +47.5 (+0.83%)The US deficit is expected to surpass $1 trillion by 2020, according to Congressional Budget O
  
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• RAY DALIO: Trade wars aren't the only ones we should be worrying about

  09-04-2018 22:05 via feedproxy.google.com
  Ray Dalio has once again warned that President Donald Trump's rhetoric could have disastrous consequences.
  In a LinkedIn post Monday, the billionaire hedge fund manager warned of a potential trade war — as well as cyber and capital wars.
  Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world's largest hedge fund, has doubled down on his warnings against trade wars brought on by President Donald Trump's divisive rhetoric.
  "Recent geopolitical developments ha
  
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• Monsanto is flying after reports that Bayer's takeover offer got the green light from the US Justice Department (MON)

  09-04-2018 21:13 via feedproxy.google.com
  Bayer proposed an acquisition of Monsanto, but the US Justice Department was concerned the deal could have violated anti-trust laws.
  On Monday, The Wall Street Journal reported that the Justice Department approved the acquisition after some negotiation. 
  Monsanto has resumed trading, and the stock is spiking. 
  Shares of seed and agriculture giant Monsanto are shooting up more than 6% Monday, to an intraday high of $126.61.
  The uptick in the stock Monday comes after
  
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• A small boutique landed a lucrative lead role on the $8.7 billion Novartis-AveXis deal

  09-04-2018 21:13 via feedproxy.google.com
  Dyal Co., a small M&A boutique, landed a lead role on the the $8.7 billion Novartis-AveXis deal.
  The firm has roughly 15 employees and is led by ex-Goldman Sachs rainmaker Gordon Dyal. 
  Dyal was the former co-chairman of investment banking at Goldman, where he spent years leading M&A deals in Europe.
  He's leveraged that experience to land advisory roles with multinational companies since starting his own firm.
  Novartis on Monday announced its $8.7 billion acquisition of gene-therapy
  
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• Tesla has a new customer for its electric Semi — here are all the companies that have ordered the big rig (TSLA, PEP, WMT, BUD, SYY, R, JBHT, UPS, FDX)

  09-04-2018 21:00 via feedproxy.google.com
  On Friday, the truck rental and leasing company TCI Transportation announced on Twitter that it had reserved 50 Tesla Semis.
  TCI joins major companies like Pepsi, Walmart, and Anheuser-Busch as early customers for Tesla's new electric trucks.
  Some were skeptical of Tesla's ability to break into the trucking industry.
  Tesla received a new customer for its electric big-rig, the Semi, last week.
  On Friday, the truck rental and leasing company TCI Transportation announced on Twitter that i
  
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• TRUMP'S TOP ECONOMIC ADVISER: China is a First World country and it’s 'got to act like one'

  09-04-2018 20:39 via feedproxy.google.com
  Larry Kudlow, President Donald Trump's top economic adviser, said China has "got to act like" a First World country.
  The comments came as Kudlow condemned China for intellectual property theft from the US.
  Still, Kudlow questioned whether or not tariffs by the US, meant to penalize China, would actually be imposed. 
  White House economic adviser Larry Kudlow seemed to harden his stance toward China on Monday, while still maintaining a cautious tone on a flurry of tariffs the Trump admin
  
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• CRYPTO INSIDER: India and Pakistan are cracking down on cryptocurrencies

  09-04-2018 20:30 via feedproxy.google.com
  Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.
  India's central bank on Friday barred banks from having any links to cryptocurrencies. At the same time, Pakistan's central bank said cryptocurrencies were illegal, and that banks and other financial services providers should refuse customers seeking crypto transactions. Here's
  
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• Tesla fails to hold the key $300 level (TSLA)

  09-04-2018 19:57 via feedproxy.google.com
  Tesla has given up its early gains. 
  Shares hit almost $310 apiece early Monday, but have fallen back below the key $300 level. 
  Tesla has slumped back below a key level, setting up the possibility of further weakness. 
  Shares got off to a strong start Monday, racing to nearly $310 apiece before rolling over. The early strength came despite the electric-car maker announcing it would recall a total of 8,898 Model S cars in China due to faulty bolts that could corrode
  
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• MORGAN STANLEY: Only 3 software companies will sustain 'hyper growth' — and their valuations could soar (NOW, YEXT, MDB)

  09-04-2018 19:39 via feedproxy.google.com
  Software saw a lot of "hyper growth" last year, but that trend is likely to slow through 2019, according to Morgan Stanley.
  Of the 48 companies the firm follows, only three are set to sustain 30% growth through 2019.
  Those three — ServiceNow, MongoDB, and Yext — could see their valuations soar on such growth.
  Software companies were high performers last year, with at least 18 growing more than 30% over the year. But Morgan Stanley thinks that trend is on its way out.
  In a report publ
  
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• The San Francisco housing market is so absurd that teachers are living in dorms — even though their salaries are some of the highest in the country

  09-04-2018 18:58 via feedproxy.google.com
  Housing is so costly in San Francisco that the average teacher can only afford 0.7% of the homes on the market, according to a Trulia study.
  Most cities are becoming less affordable for teachers as housing prices rise faster than their salaries.
  Housing costs are also a problem — especially in San Francisco — for restaurant workers, programmers, and even doctors.
   
  At current salary levels, teachers in many cities across the US can't afford to live near the schools where they te
  
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• Nvidia is a 'tremendous buying opportunity,' Evercore says (NVDA)

  09-04-2018 18:52 via feedproxy.google.com
  Nvidia's recent selloff created a "tremendous buying opportunity," Evercore told clients last week.
  The chipmaker has seen its stock decline 10% this year as cryptocurrency prices tank. 
  "We continue to view NVDA as the best growth story in large cap," the analyst said. 
  You can track Nvidia's stock price in real-time here.
  Nvidia's crypto boom is officially over, but the recent selloff presents investors with a "tremendous buying opportunity," according to Evercore.
  "We believe NVDA w
  
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• Mark Zuckerberg plans to tell Congress that as long as he's CEO, advertisers won't take priority over Facebook's users

  09-04-2018 18:34 via feedproxy.google.com
  Congress has released Facebook CEO Mark Zuckerberg's prepared remarks ahead of his hearing on Wednesday with the House Committee on Energy and Commerce.
  Zuckerberg will testify before both the Senate and the House this week amid an investigation into Facebook's role in the Cambridge Analytica scandal involving the improper harvesting of data from an estimated 87 million users.
  Zuckerberg concludes by saying that Facebook's community is his top priority and that "advertisers and developers will n
  
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• HBO's programming boss says Netflix's enormous TV spending feels like the 'irrational exuberance' of the 90s dot-com bubble

  09-04-2018 18:26 via feedproxy.google.com
  HBO programming chief Casey Bloys had some criticism for the runaway spending of his network's streaming rivals, Netflix and Amazon, in a new interview with The Hollywood Reporter.
  Bloys speculated that widespread, exorbitant TV spending could mean that the industry is "in a bubble."
  He said that his rivals' spending feels like "irrational exuberance," in a reference to Alan Greenspan's label for the dot-com bubble of the 1990s.
  HBO programming chief Casey Bloys had a degree of criticism for the
  
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• GOLDMAN SACHS: There's one huge mistake traders should avoid making this earnings season

  09-04-2018 18:21 via feedproxy.google.com
  Corporate earnings season, which kicks off Friday, can't come soon enough for stock investors who have seen the market whipsawed by escalating global trade war threats.
  Goldman Sachs says traders should avoid making one key mistake this season while pursuing another strategy that looks comparatively attractive.
  As the looming specter of a global trade war has hijacked market headlines, bullish investors have been waiting patiently for corporate earnings season.
  After all, profit expansion has be
  
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• Larry Kudlow keeps suggesting Trump should take major trade action on China — and it sounds a lot like the deal he killed in his first days in office

  09-04-2018 18:04 via feedproxy.google.com
  President Donald Trump's top economic adviser, Larry Kudlow, keeps floating an idea that sounds a lot like the Trans-Pacific Partnership.
  Trump withdrew the US from the agreement soon after taking office.
  He vigorously campaigned against the deal.Larry Kudlow, President Donald Trump's new top economic adviser, keeps suggesting that the president may take trade action on China — and it sounds a lot like the vaunted trade deal he killed as soon as he took office.
  During an interview on Monda
  
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• TUI’s marketing boss Jeremy Ellis to leave after 27 years

  09-04-2018 13:16
  Jeremy Ellis, TUI’s marketing and customer experience director, is leaving the business after 27 years.
  Ellis is being replaced by Katie McAlister who will join as chief marketing officer from 1 June although she retains responsibility for customer experience. McAlister is currently digital director and is also a long-time TUI employee, having been with the company for 19 years.
  Ellis has led the marketing division since 2011 and been behind many of the brand’s award-winning campaign
  
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• GDPR: An opportunity to get fit, not fined

  09-04-2018 12:00 via warc.com
  The General Data Protection Regulation (GDPR) is more than a compliance challenge; it’s a rare opportunity to build customer relationships around trust and clarity – a once-in-a-generation change in how businesses and their...
  
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• Colin Lewis: The days of the FMCG marketing hegemony are numbered

  09-04-2018 08:39
  Working in consumer marketing is seen as the apex of the career pyramid. Indeed, it is taken almost for granted that consumer marketing, and in particular FMCG marketing, has the best brands, agencies and talent. Starting your career at Procter & Gamble, Coca-Cola or Diageo can set up your career for the long term.
  But is it time to rethink this idea, when we see so much great marketing being done outside of the FMCG giants and, indeed, unconnected with consumer marketing? I’m tempted
  
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• VW, British Airways, Just Eat: Everything that matters this morning

  09-04-2018 08:00
  VW shakes up business and leadership team as it looks to move on from emissions scandal
  Volkswagen has made VW brand chief Herbert Diess its new chief executive as part of a wider overhaul that will see the company’s multiple brands reorganised into three divisions and its truck business possibly spun off.
  The overhaul marks the biggest changes at the company since it became a multi-car conglomerate that includes car marques Ducati, Bentley, Audi, Skoda, Porsche and namesake Volkswagen. It
  
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• Tesco, British Gas, Nike: Everything that matters this morning

  09-04-2018 08:00
  Tesco marks ninth consecutive quarter of growthSupermarket-giant Tesco has released its preliminary year results for the 2017-18 financial year, reporting a 2.3% rise in group sales to £51.9bn.
  This figure marks the ninth consecutive quarter of like-for-like sales growth in Q4.
  Like-for-like sales also increased by 2.2% likely due to its well-performing fresh food arm.
  Group operating profit before exceptional items was up 28.4% to £1,644 while retail operating cash flow w
  
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• Tesco, British Gas, ASOS: Everything that matters this morning

  09-04-2018 08:00
  Tesco marks ninth consecutive quarter of growthSupermarket-giant Tesco has released its preliminary year results for 2017-18, reporting a 2.3% rise in group sales to £51.9bn. This figure marks the ninth consecutive quarter of like-for-like sales growth.
  Like-for-like sales also increased by 2.2% likely due to its well-performing fresh food arm.
  Group operating profit before exceptional items was up 28.4% to £1,644 while retail operating cash flow was also up 21.7% to
  
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• Mothercare, Deutsche Bank, Royal Mail: Everything that matters this morning

  09-04-2018 08:00
  Mothercare faces store closures in fight for survival
  Mothercare is considering closures making it the latest high street chain to struggle to stay open.
  The baby clothes retailer is considering entering into a company voluntary arrangement (CVA) – a form of insolvency aimed at protecting a businesses, according to The Sunday Times.
  If the CVA goes ahead Mothercare is looking to close a third of its 143 branches in the UK plus renegotiate rent prices for remaining stores.
  The company drama
  
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• Gimmick or game-changer? Behind the hype of Bitcoin and blockchain

  09-04-2018 08:00
  Whether you see the world of cryptocurrencies as a volatile speculator’s market or the new model for a decentralised economy, brands from Kodak and Burger King to startups in the loyalty and betting categories are all exploring the possibilities they offer.
  Cryptocurrencies and the technology that enables them to exist, blockchain, are described at one extreme as gimmicks that simply make good fodder for PR stunts, and at the other as a new economic paradigm. So which is it?
  Bitcoin has be
  
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• FIFA, BA, House of Fraser: Everything that matters this morning

  09-04-2018 08:00
  Investors prep $25bn global shake-up for FIFA
  Japan’s SoftBank is one of a number of global investors looking to work with FIFA to expand the remit of international football as part of a $25bn plan, creating a wealth of new sponsorship opportunities.
  The group, which also includes investors from China, Saudi Arabia, the US and the United Arab Emirates (UAE), according to the Financial Times, want to extend the Club World Cup tournament, which is currently played by seven top teams globally
  
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• Electoral Commission, Apple, Uber: Everything that matters this morning

  09-04-2018 08:00
  Electoral Commission targets unregistered voters with beer mats
  With the local elections taking place next month, almost a million beer mats have been distributed by the Electoral Commission to more than 900 pubs and bars across England in an effort to get people to register to vote.
  The ‘Got 5?’ campaign is encouraging anyone who isn’t registered – which includes a third of under 34s – to go online at gov.uk/register-to-vote whilst they wait in the pub for their ma
  
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• US retailers livestream to Chinese consumers

  09-04-2018 02:00 via warc.com
  BEIJING/NEW YORK: A New York-based start-up has found an innovative niche by enabling US retailers to engage directly with young Chinese consumers via livestreamed shopping events.ShopShops, which also has offices in Beijing, Los Angeles and...
  
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• NBCUniversal unveils new cross-platform ad metric

  09-04-2018 02:00 via warc.com
  NEW YORK: NBCUniversal (NBCU), the media and entertainment group, has launched a new, unified advertising metric that it says will measure all ad impressions from clients across all its viewing platforms.These will include all live and on-demand...
  
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• Kleenex's route to renewed relevance

  09-04-2018 02:00 via warc.com
  DANA POINT, CA: Kleenex, the iconic tissue line made by Kimberly-Clark, successfully enhanced its brand saliency with a campaign based around the power of simple, but meaningful, social connection.Lisa Hurwitz, VP/global brand design at...
  
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• Facebook's Sandberg admits to data mistakes

  09-04-2018 02:00 via warc.com
  SAN FRANCISCO: After keeping herself largely out of the limelight since Facebook has been engulfed in a data privacy scandal, Sheryl Sandberg, the company’s chief operating officer, has conducted a series of media interviews to admit to...
  
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• Facebook faces privacy investigation in Australia

  09-04-2018 02:00 via warc.com
  SYDNEY: As Facebook faces down ongoing questions regarding its data-sharing practices, the social media giant is now facing investigation by Australian government authorities.Last week, CEO and founder Mark Zuckerberg admitted that the scandal...
  
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• Display advertising aids UK digital publishers

  09-04-2018 02:00 via warc.com
  LONDON: UK publishers witnessed 5.6% growth in total digital revenues in 2017 compared to 2016, with the increase largely fuelled by 27% annual revenue growth in display advertising, a new study has revealed.That is according to the latest
  
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• British youngsters feel stressed and anxious

  09-04-2018 02:00 via warc.com
  LONDON: Young British people aged 16 to 25 are the unhappiest generation in a decade, with their sense of wellbeing at its lowest ebb since the Prince’s Trust charity first started measuring young people’s emotional health in 2009. ...
  
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