Sales & Marketing news

• 'Deadpool 2' dethrones 'Infinity War' with a $125 million opening and breaks single-day box office record for an R-rated movie (FOXA)

  20-05-2018 17:11 via feedproxy.google.com
  "Deadpool 2" took in an estimated $125 million over the weekend.
  The movie broke the record for highest-grossing opening day for an R-rated movie with $53.3 million on Friday.
  "Deadpool 2" proved that the record-breaking success of the original in 2016 was not a fluke as the movie took in an estimated $125 million at the domestic box office over the weekend, according to The Hollywood Reporter.
  The latest adventure from Marvel's most crude superhero wasn't able to beat the original movie's $132.
  
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• ??? Everything that matters this morning

  20-05-2018 16:34
  The post ??? Everything that matters this morning appeared first on Marketing Week.
  
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• 9 star lawyers helping blockchain companies navigate the tricky waters of cryptocurrency regulation (SQ)

  20-05-2018 16:30 via feedproxy.google.com
  Considering bitcoin's origins as a decentralized technology designed to disrupt the world banking system, it's no surprise that the cryptocurrency community has a rather tepid relationship with financial regulators like the Securities and Exchange Commission (SEC). 
  Meanwhile, alleged cryptocurrency scams like Centra Tech — which the SEC believes raised $32 million in a fraudulent initial coin offering last fall — have done little to help the relationship from the regulato
  
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• An investment chief at a trillion-dollar firm has a wake-up call for anyone who’s bullish

  20-05-2018 15:20 via feedproxy.google.com
  Northern Trust Wealth Management recently downgraded its forecasts for the US economy.The investor doesn't expect a recession but says the benefits of tax reform will likely be front-end loaded and may benefit capital markets more than economic growth.
  "We downgraded our growth forecast for the US, developed ex-US, and emerging markets because we think expectations have perhaps gotten a little bit ahead of reality," Katie Nixon, the chief investment officer at Northern Trust Wealth Management, t
  
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• GOLDMAN SACHS: Buy these 13 stocks for their explosive sales growth as market-wide profits dry up

  20-05-2018 15:12 via feedproxy.google.com
  Investors had a surprisingly sour reaction to first-quarter earnings results, even though the majority exceeded analyst forecasts.
  That doesn't bode well for the future of equities as traders begin to prepare for a market-wide earnings growth slowdown.
  Goldman Sachs says investors should instead focus on companies set to see strong revenue growth through the end of 2019, and singles out 13 stocks that fit the bill.
  Heading into this past earnings season, analyst expectations were extremely lofty
  
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• The contrast between Tesla and the rest of the auto industry is terrifying (TSLA, GM, F, FCAU, RACE)

  20-05-2018 14:57 via feedproxy.google.com
  Some think that Tesla is a tech company, but its main product is cars, so it effectively exists in the auto industry.
  For years, auto sales have boomed in the US and automakers have raked in profits while Tesla has lost billions.
  Unless Tesla reverses this trend, it won't be able to weather a downturn when sales drop and profits vanish.
  Optimism and skepticism about Tesla's future are in an all-out war. Those who are bullish on the 15-year-old maker of sexy all-electric cars are doubling down on
  
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• Stocks are 'coiling for a break higher'

  20-05-2018 14:13 via feedproxy.google.com
  The S&P 500 has formed a bullish triangle pattern that's setting it up for a break higher, according to David Sneddon, Credit Suisse's global head of technical analysis. 
  The index's recent sideways trading is a result of the overbought conditions that prevailed earlier this year. 
  Market breadth and volume gauges are also improving, Sneddon said. 
  Study a chart of the S&P 500, and it will show that stocks are on the brink of a big move higher. That's according to David Sn
  
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• An investor who helps manage money for the super-rich has a simple tip for building wealth, and you can start doing it today

  20-05-2018 14:00 via feedproxy.google.com
  Saving early and consistently is the most powerful financial advice for young people offered by Katie Nixon, the chief investment officer at Northern Trust Wealth Management. 
  Starting early helps savers take advantage of compound interest, which basically means letting both the balance and older interest payments earn even more interest over time.
  It's costly to start late and then try to play catch up.
  It's just two words: compound interest. 
  Understanding the power of this concept,
  
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• The market is doing something most investors have never seen in their lifetime — and could be foreshadowing the next crash

  20-05-2018 12:05 via feedproxy.google.com
  Stock and bond investors alike have become accustomed to historically long bull market cycles, to the point where disruption could catch them flat-footed.
  One Wall Street firm has issued an ominous forecast that, if it comes to fruition, could derail both bull runs in one fell swoop.
  Since 1981, Treasury yields have pretty much gone in just one direction: down.
  The result has been one of the most awe-inspiring bull markets in the modern era — one spanning more than three decades.
  But the p
  
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• Two trends propping up economic growth in Britain have suddenly reversed as more consumers realise the damage from Brexit is permanent, not transient

  20-05-2018 09:33 via feedproxy.google.com
  The UK savings ratesuddenly looks like it is going to go up.
  That's because Brits are not taking on new debts.
  Credit Suisse argues that consumers were willing to tolerate the short-term negatives of Brexit, but they are not going to finance the long-term.
  People are "realizing that the damage to their real incomes from the Brexit vote is permanent, not transient," CS says.
  None of this looks good for economic growth.British consumers have stopped taking on more debt and started saving their mon
  
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• The CBI just made a major intervention to keep Britain in a customs union after Brexit

  20-05-2018 01:01 via feedproxy.google.com
  Britain's largest business group, the CBI, makes a major intervention in the Brexit debate.
  The group argues that Britain should remain a customs union with the EU "unless and until an alternative is ready and workable."
  Theresa May's government is currently deadlocked on the kind of trade partnership to pursue with the EU after Brexit.
  Failure to secure a beneficial partnership could lead to major economic issues for the UK.Britain's biggest business group, the Confederation of British Industry
  
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• A $2.3 billion merger has created the world’s largest marijuana company — and it’s a sign of a dealmaking boom in the sector

  20-05-2018 00:13 via feedproxy.google.com
  Aurora Cannabis bought Medreleaf in a $2.3 billion stock deal — the largest cannabis merger ever.
  It's a sign that M&A is heating up in the cannabis space.
  The deals are driven by the excitement around legalization, competition for scale, and specific expertise on the medical side of the sector. 
  A dealmaking boom in the marijuana sector is ramping up as excitement around legalization grows. 
  Aurora Cannabis, one of the largest Canadian growers, bought its rival Medreleaf for
  
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