Sales & Marketing news

• AMD posts mixed results and guides lower, but beaten down shares spike (AMD)

  29-01-2019 22:31 via feedproxy.google.com
  AMD posted mixed quarterly results.
  The company's revenue guidance for the quarter missed Wall Street expectations. 
  Shares gained as much as 7% after the results.
  Watch AMD trade live.
  AMD on Tuesday announced mixed fourth-quarter results and guidance that fell short of Wall Street expectations, but beaten down shares were up 5.4% after the report.
  Here are the key numbers compared to the Bloomberg consensus:Adjusted earnings per share: $0.08 versus an expected $0.08.
  Revenue: $1.42 billio
  
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• iPhone sales crater 15% in Apple's worst holiday results in a decade, and the forecast looks just as grim (AAPL)

  29-01-2019 21:40 via feedproxy.google.com
  Apple's fiscal Q1 saw its worst performance during the holiday quarter in roughly a decade.
  The results were largely in line with a preannouncement Apple provided earlier this month.
  But Apple's forecast for Q2 sales were at the low end of expectations.
  Apple said its installed base of iPhone users is 900 million, and it's the first time it's disclosed the figure.Sales of Apple's flagship iPhones plummeted 15% during the holiday quarter, a sharp deterioration in a business that the company said
  
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• An Arizona teenager discovered Apple's FaceTime bug while playing 'Fortnite' last week, but he and his mother couldn't convince Apple that it was a big deal (AAPL)

  29-01-2019 21:17 via feedproxy.google.com
  An Arizona teenager and his mother tried for more than a week to persuade Apple to fix its FaceTime bug — which allows users in a group chat to secretly hear what someone is saying before the person answers the call — to no avail, according to a Wall Street Journal report published Tuesday.
  The 14-year-old apparently discovered the vulnerability on January 20 while setting up a "Fortnite" gaming session with his friends.
  After posting on social media and calling and faxing the compan
  
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• PG&E soars after filing for bankruptcy protection (PCG)

  29-01-2019 20:15 via feedproxy.google.com
  PG&E soared Tuesday after filing for bankruptcy protection. The company is the largest power utility in the US.
  PG&E endured an estimated $16.5 billion in losses from the unprecedented California Camp Fire last year.
  Watch PG&E trade live.
  PG&E, the largest power utility in the US, soared 17% Tuesday after filing for bankruptcy protection.
  PG&E is estimated to have lost $16.5 billion in total from last year's unprecedented Camp fire in California. Reinsurance company Mun
  
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• How the billionaire Koch brothers became 2 of the most influential political donors in America

  29-01-2019 19:54 via feedproxy.google.com
  Charles and David Koch have been titans of industry and politics for decades.
  The company their father founded, now known as Koch Industries, is the second-largest company in the US with an annual revenue of $100 billion.
  While David, 78, has stepped away from the Koch network's activities due to declining health, Charles, 83, is still shaping the political conversation.
  Libertarians who favor small government and few taxes, the Kochs have tangled with President Donald Trump of late, as they opp
  
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• General Electric's dash for cash is stealing value from shareholders, JPMorgan says (GE)

  29-01-2019 19:52 via feedproxy.google.com
  General Electric on Friday announced the planned merger between Wabtec and GE Transportation has been revised.
  The revised terms are negative for GE shareholders, according to Christopher Glynn, an analyst at Oppenheimer. 
  GE's stock lost more than half of its value in 2018.Under the leadership of new CEO Larry Culp, GE has sped up efforts to raise cash by selling assets in an effort to increase investor confidence.
  Watch GE trade live.
  General Electric's dash for cash is stealing value fro
  
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• There are only 2 things you need to know about Tesla's upcoming earnings (TSLA)

  29-01-2019 19:16 via feedproxy.google.com
  Tesla posted a strong third quarter in 2018 — the fourth quarter should also be profitable, but weaker than the previous financial period.
  It will be interesting to see if quarterly revenue continues its significant improvement — the Tesla top line was nearly $7 billion in the third quarter.
  The more complicated questions for Tesla are about how it will satisfy its capital needs in 2019.Tesla will report fourth-quarter and full-year 2018 earnings on Wednesday after the bell.
  After po
  
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• China is slowing and could drag the world economy down with it

  29-01-2019 18:39 via feedproxy.google.com
  China's economy is slowing, possibly even more so than officials have led on.
  A worse-than-expected decline could send global economic growth to its lowest level in a decade.
  Slowing US growth and trade tensions could worsen the world economic outlook.The second-largest economy is slowing, and it could take global growth down with it.
  Weaker than expected data has been pouring out of China left and right in recent months, with the economy growing at its slowest pace in nearly three decades in 20
  
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• Over 1,500 flights cancelled as winter weather wreaks havoc on US's busiest airports (AAL, DAL, UAL, LUV)

  29-01-2019 18:19 via feedproxy.google.com
  A frigid polar vortex is wreaking havoc on air travel at some of the nation's busiest airports, including Chicago and Atlanta.
  More than 1,000 flights were canceled by 9 a.m. on Tuesday, adding to the hundreds more disrupted on Monday.
  Many airlines have waived change fees for customers flying through affected airports.Over 1,500 flights were canceled Tuesday morning, more than doubling the total of 1,000 disrupted on Monday, as winter weather from Chicago to Boston and Atlanta wreaks havoc on a
  
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• GameStop crashes to 14-year low after board terminates plans to sell the company (GME)

  29-01-2019 18:16 via feedproxy.google.com
  GameStop's board of directors on Tuesday said the company was no longer for sale.
  Shares crashed more than 27% following the announcement.
  Watch GameStop trade live.
  GameStop was down more than 27% Tuesday after its board of directors pulled the plug on a sale of the company. Selling pushed shares to a low of $11.16 apiece, a level last seen in April 2005.
  "In June 2018, GameStop’s Board, together with outside financial and legal advisors, commenced a review of a wide range of alternatives
  
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• Apple has taken a beating following its China warning. Here's what the pros are saying about the stock ahead of earnings. (AAPL)

  29-01-2019 17:18 via feedproxy.google.com
  Apple is set to release its first-quarter results Tuesday afternoon. It is one of the most highly anticipated reports in years.
  Strategists point out that despite recent volatility and some uncertainty surrounding the upcoming report, shares are not expected to see a particularly large move.
  Apple shares have fallen 33% since their October high of $233.47.
  Watch Apple trade live.
  Apple shareholders are gearing up for one of the company's most crucial earnings reports in years, which is due to co
  
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• Five lessons for Chinese New Year

  29-01-2019 17:05 via warc.com
  Chinese New Year has proved a complicated time for Western brands trying to make an impression. UM China’s CSO, Lin Liu, proposes five key ideas that strategists need to think about when thinking about CNY
  
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• Barclays executive got a £25 million bonus during the financial crisis for his role in Qatari funding deal to 'save our arses'

  29-01-2019 16:59 via feedproxy.google.com
  The UK's Serious Fraud Office alleges that former Barclays CEO John Varley and other executives misled investors in raising funds during the financial crisis.
  Barclays executives spent frantic hours negotiating with Qatari investors, which led to millions in hidden fees being funnelled to the investors via financial instruments, a London court heard on Tuesday.
  The need to get Qatari investors on board was urgent for the executives, who feared a government bailout which would have been a "constr
  
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• Nissan's new boss in North America says US car sales will continue at record-breaking levels in 2019 but admitted there are challenges ahead

  29-01-2019 16:57 via feedproxy.google.com
  Denis Le Vot, the head of Nissan's North American business, expects US auto sales to remain at a historically high 17 million new vehicles in 2019.
  He's also bullish on Nissan's new products, which range from SUVs to sedans, despite a big move away from four-doors in the US.
  On the electric front, an updated Leaf EV will be joined by eight new vehicles through 2022.The Renault-Nissan-Mitsubishi alliance is embattled. The architect of the partnership, Carlos Ghosn, was arrested in Japan last year
  
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• Unilever calls for industry to help develop cross-media measurement model

  29-01-2019 16:27
  Unilever is calling on the marketing industry to help it towards it goal of building the first cross-media measurement model in the latest stage of its efforts to accelerate the drive towards greater digital responsibility and transparency.
  The initiative comes 12 months after marketing boss Keith Weed warned platforms including Facebook and Google that Unilever will pull investment unless they “overhaul their behaviour” and tackle issues such as fake news and toxic content. Th
  
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• Unilever calls for help to develop cross-media measurement

  29-01-2019 16:27
  Unilever is calling on the marketing industry to help it towards it goal of building the first cross-media measurement model in the latest stage of its efforts to accelerate the drive towards greater digital responsibility and transparency.
  The initiative comes 12 months after marketing boss Keith Weed warned platforms including Facebook and Google that Unilever will pull investment unless they “overhaul their behaviour” and tackle issues such as fake news and toxic content. Th
  
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• AMD is at 'significant risk' of an earnings miss (AMD)

  29-01-2019 16:08 via feedproxy.google.com
  AMD is set to report its fourth-quarter results following Tuesday's closing bell.
  Shares have fallen more than 10% since rival Nvidia warned on Monday morning that conditions in China had led to an "extraordinary, unusually turbulent" quarter.
  One analyst says AMD is behind Nvidia in working through inventory issues.
  Watch AMD trade live.
  AMD shares were down 3% Tuesday morning as traders position themselves for the company's fourth-quarter earnings, which are set to be released after the closin
  
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• Awareness, engagement, pride: How Heineken is ‘rejuvenating’ its employer branding strategy

  29-01-2019 15:53
  Heineken is “rejuvenating” its employer branding campaign ‘Go Places’ with a new focus on showcasing employee stories and driving awareness and engagement.
  The campaign, which launches this week, features the stories of 33 Heineken employees, from Carlos who heads up Heineken’s ecommerce business The Sub to Marcel trying to sell cider into the competitive South African market. The 45-second hero films show staff from all roles, levels and departments – includ
  
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• Marketoonist on poor customer service

  29-01-2019 15:41
  Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne
  See more of the Marketoonist here
  The post Marketoonist on poor customer service appeared first on Marketing Week.
  
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• Marketoonist on customers service fails

  29-01-2019 15:41
  Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne
  See more of the Marketoonist here
  The post Marketoonist on customers service fails appeared first on Marketing Week.
  
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• Harley-Davidson says tariffs just took a big bite out of profitability (HOG)

  29-01-2019 14:36 via feedproxy.google.com
  Harley-Davidson plunged 7% on Tuesday after reporting quarterly earnings that fell short of analysts' expectations.The company said tariffs slammed fourth-quarter profitability.President Donald Trump attacked Harley-Davidson last summer after the company said it would shift production overseas. 
  Watch Harley-Davidson trade live.
  Harley-Davidson said Tuesday morning that President Donald Trump's tariffs took a massive bite out of profitability in the fourth-quarter.
  Shares of the motorcycle
  
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• 'The other shoe has dropped': Here's what Wall Street is saying about Nvidia's warning (NVDA)

  29-01-2019 14:19 via feedproxy.google.com
  Nvidia cut its revenue guidance for fiscal fourth quarter Monday, citing weaker economic conditions, eepecially in China. 
  Shares plunged nearly 14% following the announcement.
  Analysts up and down Wall Street cut their price targets for the stock, but remained largely bullish.
  Watch Nvidia trade live.
  Nvidia lowered its guidance for fiscal fourth-quarter Monday, pinning disappointing sales of its gaming and datacenter platforms on weaker economic conditions, especially in China. The c
  
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• Climate change just claimed its first bankruptcy — PG&E succumbs to fallout from the world's most expensive natural disaster of 2018 (PCG)

  29-01-2019 13:27 via feedproxy.google.com
  The spectacular collapse of Pacific Gas & Electric, which filed for bankruptcy protection on Tuesday, has perhaps made it the biggest corporate victim of a rapidly changing climate.
  Having estimated total losses from last year's Camp Fire to be $16.5 billion, the reinsurance firm Munich Re called the fire the world's most expensive natural disaster of last year, Reuters reported.
  PG&E's huge liabilities for California wildfires demonstrate the increasing dangers of climate change to busi
  
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• Survival of the fittest: why 2019 looks set to be the year that AI goes mainstream

  29-01-2019 13:00 via warc.com
  Artificial intelligence is getting smarter, more user-friendly and able to act on the consumer’s behalf. But, says Nick Chiarelli of Unlimited Group, brands using AI have to deliver real value and ensure people trust them with personal...
  
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• Experts are throwing cold water on a 'housing collapse' (ITB)

  29-01-2019 12:02 via feedproxy.google.com
  The entire housing space — from homebuilders, to mortgage lenders, to economic data — has fallen under significant pressure over the last year as rising interest rates have posed a major headwind. 
  While it's worth noting a slowdown in a crucial part of the market and the economy, some strategists and economists say concerns are overblown.
  Economists at Bank of America Merrill Lynch recently told clients that while demand has slowed down, a full-on housing collapse is nowhere to
  
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• Try This: Make the middle seat wider

  29-01-2019 08:31
  We’ve all sat there, in the middle seat, at the back of the plane. Where it’s cramped. Where it’s noisy. Where drinks get served last.
  Not all seats can be golden. In every firm, some customers get what’s left: the bistro table by the door, the room without a view, the new team, the buggy software.
  We secretly hope they won’t notice. We hope they won’t care.
  Of course they notice. Of course they care. Some just don’t complain.
  It takes many good experie
  
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• Patanjali causes multinationals headaches as toothpaste wars heat up

  29-01-2019 01:00 via warc.com
  It's a small and inconsequential part of most people’s daily routine - the few minutes they spend brushing their teeth. But in India, the increasingly competitive toothpaste market has taken on huge significance, as what began as a fringe...
  
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• Four insights from the 2018 IPA Effectiveness Awards

  29-01-2019 01:00 via warc.com
  The Institute of Practitioners in Advertising’s Effectiveness Awards demand some of the most detailed analysis of payback from marketing spend. WARC’s analysis of the 2018 Awards highlights four key themes that paint a picture of...
  
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• Facebook, Instagram, WhatsApp could integrate

  29-01-2019 01:00 via warc.com
  Facebook Inc., is planning to integrate the company’s three messaging enabled services of WhatsApp, Instagram, and Facebook Messenger. The move would entail a complex technical and public relations effort from a company that has faced storms...
  
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• Condé Nast to launch Vogue for business

  29-01-2019 01:00 via warc.com
  The publisher of Vogue is to launch a new business-focused version of the magazine as they strive to open up innovative revenue sources.Condé Nast says
  
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• Brands and consumers at odds on gender stereotyping

  29-01-2019 01:00 via warc.com
  The vast majority of marketers reckon they’re doing well when it comes to avoiding gender stereotyping, yet almost half of consumers say advertisers are still not getting it right.The way both sexes are depicted rarely includes positive role...
  
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