Sales & Marketing news

• Stocks mostly higher as tech breaks 4-day losing streak

  10-09-2018 22:03 via feedproxy.google.com
  Stocks were mostly higher Monday, lifted by industrial and retail companies. Tech staged a recovery following a four-day losing streak. The dollar and Treasury yields slipped.
  Here's the scoreboard:
  Dow Jones industrial average: 25,858.63−57.91 (-0.22%)
  S&P 500: 2,879.21 +7.53 (+0.26%)
  Nasdaq Composite: 7,924.16+21.62(+0.27%)The Trump administration is expected to announce whether it will follow through with proposed tariffs on roughly $200
  
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• A group of researchers showed how a Tesla Model S can be hacked and stolen in seconds using only $600 worth of equipment (TSLA)

  10-09-2018 21:39 via feedproxy.google.com
  Researchers from KU Leuven university in Belgium demonstrated that hackers can secretly clone the key fob of a Tesla Model S and steal the car within seconds — and with only $600 worth of simple computing and radio equipment, WIRED reports.
  The researchers brought their findings to Tesla — which rewarded them for exposing the security flaw — and Tesla responded by adding a software update with two factor authentication using a PIN code, and it offered updated key fobs to c
  
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• Apple slides as trade war tensions overshadow the company's upcoming product launches (AAPL)

  10-09-2018 21:17 via feedproxy.google.com
  Apple slides as trade war tensions overshadow the company's new product unveiling on Wednesday.
  President Donald Trump threatened on Friday to hit China with duties on another $267 billion worth of goods.
  Apple warned that the proposed tariffs could result in a price raise for Apple Watch and AirPods.
  Watch Apple trade in real-time here.Shares of Apple slid Monday as mounting trade war tensions overshadowed the company's upcoming product launches.
  The smartphone maker is expected
  
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• Amazon bought Whole Foods to take on the grocery business — but one competitor shows where its plan is falling flat (SFW, WFM, AMZN)

  10-09-2018 20:08 via feedproxy.google.com
  Amazon acquired Whole Foods last year to cut the prices of organic groceries and reach a wider range of customers.
  But Sprouts Farmers Market has seen "very little share loss in markets where it overlaps with Whole Foods," according to a team of UBS analysts including Mark Carden.
  "Most of Sprouts's stores are located in middle income suburbs, while the majority of Whole Foods stores are in zip codes where customers aren't as price conscious," Carden said.
  Watch Sprouts Farmers Ma
  
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• This Chinese tech investor carries no cash and no credit cards and he says it's a sign of why American startups have fallen behind (GOOG, GOOGL, MSFT, AAPL)

  10-09-2018 20:05 via feedproxy.google.com
   Kai-Fu Lee has a lesson to offer US tech execs about doing business in China, a market where success has eluded most of them for decades.
  US managers operating in China need to adopt more of the local businesses practices, or else homegrown rivals will outmaneuver them at every turn, Lee said. 
  An added  benefit of studying Chinese entrepreneurs is that they might teach US counterparts something that can help back at home.
  After all, China has succeeded in a couple of tech segme
  
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• CBS has a new interim CEO after Les Moonves' resignation, but an industry analyst says he'll be gone by the end of 2018

  10-09-2018 19:59 via feedproxy.google.com
  CBS' chief operating officer, Joseph Ianniello, has taken over as interim CEO after Les Moonves left the company Sunday amid a series of new sexual-misconduct allegations.
  One industry analyst predicted Ianniello's tenure as interim CEO was likely to be short, however, in large part because of his rapport with Moonves.
  Private text exchanges published by Deadline last month show Moonves and Ianniello as close "confederates" in CBS' legal battle with its controlling shareholder, National Amusemen
  
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• Beware one huge mistake investors often make when the economy is at a crossroads, says Charles Schwab’s investment chief

  10-09-2018 19:13 via feedproxy.google.com
  Charles Schwab chief investment strategist Liz Ann Sonders says we are moving into the third phase of the economy where growth decelerates but you still have accelerating inflation. 
  Sonders says "when it comes to the relationship between economic fundamentals and the stock market, better or worse matters more than good or bad. So understanding that it's rate of change, it's the market's ability to sniff out an inflection point."She says historically economic data is almost always fan
  
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• Bob Woodward book: Gary Cohn was 'astounded at Trump's lack of basic understanding' about the federal debt

  10-09-2018 18:54 via feedproxy.google.com
  During a meeting with his top economic adviser, President Donald Trump suggested that since interest rates were going up, the US government should simply borrow massive amounts of money.
  That's according to Bob Woodward's new book, "Fear: Trump in the White House."
  When Gary Cohn explained that increasing borrowing would push up the federal deficit, Trump suggested simply printing more money to pay off the debt.
  Cohn explained that that could be seriously harmful to the US's fiscal and economic
  
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• How Huawei’s marketing helped it become the number two smartphone brand

  10-09-2018 18:13
  Almost exactly a year ago Huawei set its sights on Apple and Samsung at the top of the smartphone market. The challenge seemed enormous. Between them, Apple and Samsung accounted for more than a third (34.7%) of total global sales in the second quarter of 2017, according to Gartner, compared to Huawei’s 9.8%. Yet fast forward a year, and Apple’s share has dropped to 11.9% and Samsung’s to 19.3%, while Huawei is up to 13.3%.
  In overtaking Apple to become the second biggest smar
  
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• Tesla surges after bullish analysts say 'buy even with drama' (TSLA)

  10-09-2018 17:36 via feedproxy.google.com
  Tesla shares surged Monday after Baird published a bullish note on the company.
  Shares were under pressure last week on news of senior personnel changes and after CEO Elon Musk was filmed smoking marijuana during a live interview.
  The analysts said they came away even more positive on Tesla after a visit to its Fremont, California factory.  
   Watch Tesla trade in real-time here.Shares of Tesla jumped as much as 6% Monday after analysts at Baird published a bullish note o
  
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• Chinese entrepreneurs have a completely different definition of winning than other startups, and Google's former China boss says that's a big problem for US tech companies

  10-09-2018 17:33 via feedproxy.google.com
  Former Google China president and legendary tech investor Kai-Fu Lee says China is outpacing the US in the development of its mobile applications and AI.
  He predicts that the country's tech will usurp the US in the fields of retail, education, and healthcare in upcoming years.
  When Kai-Fu Lee, prominent Chinese tech investor and former president of Google China, considers some of the leading technology products in the United States, he's underwhelmed.
  "Look at YouTube or Instagram or Snapch
  
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• Trump keeps making outlandish claims about GDP

  10-09-2018 16:52 via feedproxy.google.com
  President Donald Trump has claimed multiple times over the past few weeks that GDP would be negative if Hillary Clinton had won the presidency.
  "If the Democrats had won the Election in 2016, GDP, which was about 1% and going down, would have been minus 4% instead of up 4.2%," Trump tweeted Monday.
  While it's hard to evaluate the claim, the economy prior to the election was resilient, and it's unlikely that such a large downward move would have occurred if Trump did not win.President Donald Trum
  
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• Millennial Shoppers Love Retail Personalization

  10-09-2018 16:26 via retailpro.com
      In a day and age in which “automation” and “self-service” are terms often applied to retail sales, it’s eye opening to learn that millennials seem to prefer an in-person, brick and mortar experience, particularly because this is the …
  Continue reading →
  
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• Jamie Oliver on why his partnership with Tesco is more than ‘jazz hands’

  10-09-2018 16:18
  Celebrity chef Jamie Oliver is partnering with Tesco to help customers make better food choices and get Britain eating healthier meals.
  As part of the partnership, Oliver will front its ‘Helpful little swaps’ campaign in-store, which shows customers healthier alternatives that offer reduced levels of sugar, salt and fat, while also being more affordable. According to the supermarket giant, a basket of helpful little swaps will cost 12% less than a regular basket.
  Oliver will al
  
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• Ad blocking, card payments, GDPR compliance: 5 killer stats to start your week

  10-09-2018 16:16
  1. Three-quarters of consumers don’t recall seeing ads
  Three-quarters (76%) of consumers who have been exposed to digital ads do not recall seeing them, but unaided brand awareness still rises by 10.2%, showing the passive impact ads can have. This same group’s purchase intent also rises by 1.6%, while ‘top of the mind awareness’ increases by 5.9% and brand consideration by 2.3%.
  However, the awareness metrics for consumers who actively recall ads is three times hig
  
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• The pound took off after the EU's chief Brexit negotiator said a deal could be just weeks away

  10-09-2018 15:40 via feedproxy.google.com
  Pound jumps after the EU's chief Brexit negotiator said a deal could be struck in six to eight weeks.
  The pound dollar exchange rate gained more than 1% after the comments.
  It climbed back above the psychologically significant $1.30 mark.
  You can follow the pound-dollar exchange rate live on Markets Insider.LONDON — The pound surged higher on Monday afternoon after conciliatory comments from the EU's chief Brexit negotiator Michel Barnier.
  Speaking at a conference in Slovenia on Monday aft
  
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• Here's how the Fed could trigger the next big stock market meltdown

  10-09-2018 15:06 via feedproxy.google.com
  The Federal Reserve has underpinned stock market gains throughout the 9-1/2-year bull market by keeping lending conditions highly accommodative.
  Barry Bannister, the chief equity strategist at Stifel, sees this becoming problematic for stocks as the Fed adopts a tighter monetary policy.
  He lays out a scenario in which future Fed decisions regarding interest-rate hikes create the next big equity meltdown.When it comes to the 9-1/2-year bull market, stock enthusiasts are quick to highlight the str
  
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• 'This is something we have to do to push the ecosystem forward': Tyler Winklevoss explains why Gemini is launching a crypto coin pegged to the US dollar

  10-09-2018 15:00 via feedproxy.google.com
  The cryptocurrency exchange Gemini is launching its own stable coin pegged to the US dollar, the company announced Monday.
  The firm hopes the crypto will become a digital cash, bringing together the best of fiat and blockchain assets.Gemini says the crypto's design, which includes oversight by US financial regulators and monthly audits, will make it a more attractive alternative to other stable coins, including Tether.
  Gemini will store the US dollars backing its coins at State Street.
  Business
  
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• Volkswagen, RBS, Harrods: Everything that matters this morning

  10-09-2018 08:55
  Iconic Beetle car is discontinued
  Volkswagen is ending production of its iconic Beetle marking the end of one of the world’s most famous car brands.
  The German company said output would end next July after production of celebration models.
  Sales in the small car have declined and in the wake of its diesel emissions scandal and the rise of electric cars the manufacturer has been looking to slim down its model range.Hinrich Woebcken, chief executive of Volkswagen Group of America. said: &rdq
  
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• Volkswagen, Ladbrokes, Ryanair: Everything that matters this morning

  10-09-2018 08:55
  Ladbrokes Coral owner unconcerned by advertising crackdown
  Kenny Alexander, the chief executive of Ladbrokes Coral, says he is “not particularly concerned” about a threatened crackdown on TV gambling adverts.In April new rules came into force which means gambling companies are banned from showing adverts which encourage people to “bet now” and offer misleading “free money” deals. However, heavy marketing around the World Cup this summer has sparked
  
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• Uber, Debenhams, JD Sports: Everything that matters this morning

  10-09-2018 08:55
  Uber appoints first global CMO
  Uber has appointed its first global chief marketing officer as it continues to reposition its brand following a number of high profile departures.
  Rebecca Messina joins the ride hailing app from beverage company Beam Suntory, where she has been serving as senior vice president and CMO since April 2016. Previous to that Messina spent 21 years in marketing at Coca-Cola, most recently as senior vice president of marketing and innovation for ventures and emerging bran
  
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• Tesco, Nike, Vodafone: Everything that matters this morning

  10-09-2018 08:55
  Tesco to unveil discount chain Jack’s next week
  Tesco is expected to unveil its discount chain Jack’s next week as the UK’s biggest supermarket looks to directly compete with Aldi and Lidl. The first store, name after Tesco founder Jack Cohen, will be revealed by the supermarket in Chatteris, Cambridgeshire, next Wednesday (19 September).
  Journalists have been invited to an event hosted by Tesco’s CEO Dave Lewis and while details of the event were not given, the Guardian
  
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• Tesco, Google, M&S: Everything that matters this morning

  10-09-2018 08:55
  Jamie Oliver partners with Tesco to make eating healthy easier
  Renowned chef Jamie Oliver has revealed he’s partnering with Tesco to help make healthy eating a little easier.
  As part of the partnership Jamie will front Tesco’s ‘helpful little swaps’ in store, where healthier alternatives offer reduced levels of sugar, salt and fat – as well as being more affordable for customers.
  According to the supermarket giant, a basket of ‘helpful little swaps’ wil
  
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• John Lewis, Apple, McDonald’s: Everything that matters this morning

  10-09-2018 08:55
  John Lewis profits drop 99%
  The John Lewis Partnership has posted a 99% drop in profits before tax and exceptional items to £1.2m for the first half of the year, which it has blamed on having to price-match the heavy discounts at competitors.
  Sir Charlie Mayfield, chairman of the John Lewis Partnership, says: “The pressure on gross margin has predominantly been from our commitment to maintain price competitiveness. This reflects our decision not to pass on to our customers all cost
  
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• Businesses must reposition marketing to attract young talent

  10-09-2018 08:14
  To make marketing an attractive and fulfilling career for young people, change needs to come from within businesses, both in terms of the way marketing is talked about internally and where companies look for new talent.
  This is one of the aims of the School of Marketing, an education platform launched in partnership with Marketing Week to inform and excite school-age children about marketing and address the misconceptions about what a career in the industry might entail.
  Santander CMO Keith Moo
  
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• RNIB on breaking down barriers so people see the person not the sight loss

  10-09-2018 08:00
  The Royal National Institute of Blind People (RNIB) is relaunching its brand as the charity overhauls not only its look but also its core values.
  The charity campaigns for blind and partially-sighted people, provides advice and training to help with employment, and has an online community to connect those with sight loss and those closest to them. There is no plan for any of this to change but with the RNIB celebrating its 150th birthday this year, it took the milestone as an opportunity to rea
  
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