Sales & Marketing news

• Here comes AMD ... (AMD)

  30-04-2019 21:42 via feedproxy.google.com
  AMD is set to report first-quarter results after Tuesday's market close.
  Rival Intel fell sharply after offering muted guidance and citing a slowdown in the sector.
  Watch AMD trade live.
  AMD is set to report first-quarter results after Tuesday's closing bell. Shareholders may be in for volatility as a slowdown has recently impacted the chip-making industry.
  "We'd love to get more color on the revenue trajectory by product to support the high single digit growth outlook, and how much of the burde
  
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• LIVE: Here come Apple's earnings (AAPL)

  30-04-2019 21:30 via feedproxy.google.com
  Apple is set to report its results for the fiscal second quarter on Tuesday afternoon.
  Analysts are expecting the company to report that both its sales and earnings fell from the levels it recorded in the same period a year ago.
  Wall Street is expecting the company to forecast that its third-quarter results will likely also fall on an annual basis.
  Visit Business Insider's homepage for more stories.Apple won't have to do much to impress Wall Street on Tuesday.
  The tech giant is slated to report
  
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• Burger King and Beyond Meat say plant-based burgers aren't eating into meat sales

  30-04-2019 21:10 via feedproxy.google.com
  Beyond Meat, which filed for an initial public offering on the Nasdaq this week, found that 93% of Kroger customers who bought its Beyond Burger also purchased animal protein.
  Burger King's plant-based Impossible Whopper hasn't eaten into sales of Whopper beef burgers.
  "We're not seeing guests swap the original Whopper for the Impossible Whopper," said José Cil, CEO of Burger King's parent company Restaurant Brands. "We're seeing that it's attracting new guests."
  Watch Restaurant Brands t
  
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• Google's Q1 was a $70 billion disaster that analysts say is the reality-check it needs to finally make a big change (GOOG, GOOGL)

  30-04-2019 21:07 via feedproxy.google.com
  Alphabet's stock is sliding after its investor call on Monday showed a slowdown in advertising revenues.
  But just why its ads business stalled in the first quarter of the year remains a mystery to Wall Street due to the company's notoriously barebones balance sheet.
  James Lee, a Managing Director at Mizuho Securities, speculated that the product changes slowing growth likely came from YouTube — as the company has been working modifying its algorithms to remove harmful content.
  Colin Sebast
  
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• Here's everything Facebook announced at its biggest event of the year (FB)

  30-04-2019 21:04 via feedproxy.google.com
  Facebook is holding its biggest event of the year this week.
  The F8 developer conference, held this year from April 30 to May 1, kicks off with a Tuesday morning keynote from CEO Mark Zuckerberg and a host of other Facebook executives.
  Business Insider attended the keynote, and wrote up every big announcement from Facebook's F8 as it happened.Facebook has kicked off its biggest event of the year.
  F8, the company's annual developer conference, is happening this year in San Jose, California, from
  
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• Tesla's stock is 'caught in a flywheel of concerns,' says Morgan Stanley analyst who just cut his price target for the 4th time this year (TSLA)

  30-04-2019 20:55 via feedproxy.google.com
  Tesla shares fell by as much as 1.2% on Tuesday after Morgan Stanley slashed its price target.
  It's the firm's fourth price-target cut this year and this month.
  Tesla shares "appear caught in a flywheel of concerns" including demand and access to capital, auto analyst and longtime Tesla observer Adam Jonas wrote in a note to clients.
  Watch Tesla trade live.
  Morgan Stanley is growing increasingly negative on Tesla shares.
  "TSLA shares appear caught in a flywheel of concerns around demand & ac
  
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• A $70 billion investment manager turned the Milwaukee Bucks into a basketball powerhouse. Now he's set on improving America's dismal passenger trains.

  30-04-2019 19:55 via feedproxy.google.com
  The United States' passenger rail system is in dire need of improvement.
  Wes Edens, founder of Fortress Investment Group and the owner of several professional sports franchises, thinks he's found the cure. 
  Edens spoke with Business Insider about his leadership on Virgin Trains USA, which will eventually connect Miami and Orlando, Florida.
  There are nearly a dozen other possible locations for private passenger rail in the country, Edens says, and the West Coast is next on his list.Hugging F
  
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• Facebook's Tinder rival now wants to get you to date your existing friends (FB)

  30-04-2019 19:30 via feedproxy.google.com
  Facebook is adding a "secret crush" feature to its Facebook Dating tool.
  It will allow users to discover if they and their friends have mutual crushes on each other.
  Facebook Dating is also expanding to more than a dozen new countries — but there's still no word on when it's coming to the US.Facebook wants to help you hook up with your friends.
  A year after the California social networking giant announced Facebook Dating, a tool for finding potential dates, it has now announced "Secret Cru
  
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• Facebook has 2 new, $400 virtual reality headsets coming on May 21 (FB)

  30-04-2019 19:30 via feedproxy.google.com
  Facebook has another major virtual reality headset in the works, the Oculus Quest.
  For $400, you'll get a standalone virtual reality headset and two motion controllers.
  The headset arrives on May 21 alongside a few dozen games.
  On the same day, Facebook is launching the next iteration of its Oculus Rift headset.
  Visit Business Insider's homepage for more stories.Forget about the Oculus Rift — Facebook's next major virtual reality headset is the Oculus Quest, a $400 standalone device.
  That
  
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• Facebook is getting its biggest face-lift ever as the social network tries to prove it has changed after a string of scandals (FB)

  30-04-2019 19:24 via feedproxy.google.com
  Facebook is getting a major redesign.
  The social network has ditched its iconic blue bar and now looks more similar to Messenger and Instagram.
  Stories are now front and center on the platform, and groups are being emphasized as well.
  The social network is trying to move past its two years of relentless scandals.Facebook is getting one of the biggest face-lifts in its 15-year history.
  On Tuesday, the California-based tech giant announced a sweeping redesign of the social network — ditching
  
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• These 9 hedge fund managers made an insane amount of money in 2018

  30-04-2019 19:14 via feedproxy.google.com
  The top hedge-fund managers hauled in major paydays in 2018, according to Institutional Investor's annual "Rich List."
  These fund managers were big winners despite the fact that a majority of hedge funds lost money in 2018.
  The top nine earners are detailed below.
  Last year was a tough one for many hedge funds, with over 60% losing money, according to a report from Institutional Investor.
  Despite the difficult year, which included extreme volatility in the fourth quarter, some leading hedge-fund
  
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• Record ad investment may belie true industry health

  30-04-2019 19:09 via warc.com
  UK advertising spend rose 6.3% to reach £23.6bn in 2018, marking the ninth consecutive year of industry growth and highest annual total since monitoring began. The results follow a rise of 5.7% during the fourth quarter of last year, with...
  
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• The global elite at Milken have zeroed in on an overlooked signal they say will determine the future of the global economy

  30-04-2019 18:45 via feedproxy.google.com
  The stagnation of productivity growth since the Great Recession has been a recurring topic of discussion at the Milken Institute Global Conference.
  During panel discussions, top economists and investors described productivity growth as vital to the global economy's growth going forward.
  Visit Business Insider's homepage for more stories.One of the biggest unsolved puzzles of the postrecession era has been the stagnation of productivity.
  It's not just a US phenomenon. In advanced economies around
  
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• Top Wall Street CEOs keep saying their No. 1 fear is a cyberattack that'll take down the financial system

  30-04-2019 18:40 via feedproxy.google.com
  Financial-company CEOs are increasingly concerned about cyberattacks on the financial system.
  David Hunt, head of investment management at Prudential, highlighted the risk at the Milken Institute Global Conference.
  Other CEOs, including JPMorgan's Jamie Dimon, have suggested cyber attacks are a top risk.
  The CEOs of some of the top financial institutions in America are increasingly worried about the risk of a cybersecurity attack on the nation's financial system.
  Speaking at the Milken Global In
  
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• 'Avengers: Endgame' is pulling the 2019 box office out of its deficit, but there's still a lot of ground to make up

  30-04-2019 18:30 via feedproxy.google.com
  The record-breaking performance by "Avengers: Endgame" at the box office this weekend helped a slumping 2019 box office.
  Thanks to the Marvel movie, the total domestic box office was $401.6 million for the weekend, the first time an industry weekend total hit the $400 million mark.
  In just three days, the 2019 box office chipped away 3.6% from its year-to-date deficit.
  Before "Endgame," it was -16.8% from this time last year. It is now -13.2%. 
  Visit BusinessInsider.com for more stories.&nb
  
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• Stock buybacks have been labeled a 'bubble,' a 'panic,' and 'corporate self-indulgence,' but an ETF that's tracking them keeps setting records

  30-04-2019 18:14 via feedproxy.google.com
  Democratic presidential candidates, Republican Sen. Marco Rubio, and an investment strategist at a major Wall Street firm are among the many who have piled onto corporate buybacks in one way or another.
  Still, an exchange-traded fund that tracks stock-buyback activity keeps sailing to all-time highs.
  That may come as no surprise to those closely watching buybacks, which have soared in recent quarters.
  Visit Markets Insider's homepage for more stories.
  Buybacks are a political football perfectly
  
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• Americans are becoming more optimistic about the economy

  30-04-2019 16:45 via feedproxy.google.com
  Consumer confidence partially rebounded in April after falling sharply in the previous month.
  A tight labor market and record highs in financial markets helped shore up confidence.
  Yet consumer confidence still remains below levels seen last fall.
  A measure of consumer confidence began to recover in April as Americans became increasingly upbeat about the economy as growth beats expectations and the labor market remains tight. 
  The Conference Board said Tuesday its index of consumer confiden
  
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• KFC is selling a piece of the chicken it's never used before to boost its China business

  30-04-2019 16:23 via feedproxy.google.com
  KFC restaurants in China sold parts of chickens they've never used before in the first quarter of 2019.
  The restaurant chain introduced "a part of the chicken that we somehow have not used in the last 30-some years," said CEO Joey Wat on Yum China's first-quarter earnings call.
  Yum China, which runs KFC and Pizza Hut in China and was spun off from Yum Brands in 2016, made the move in response to rising costs.
  Chinese poultry costs have risen as an outbreak of African Swine Fever has hit pork pro
  
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• Warren Buffett is taking sides in the bidding war for the energy giant Anadarko (BRK.A, APC, OXY)

  30-04-2019 15:52 via feedproxy.google.com
  Warren Buffett's Berkshire Hathaway is joining Occidental Petroleum's bid for Anadarko by offering $10 billion in financing.
  Occidental's $38 billion bid topped a $33 billion takeover proposal by the oil major Chevron.
  Occidental's shares dropped 4% early Tuesday.
  Watch Anadarko Petroleum trade live.
  Berkshire Hathaway, the investment conglomerate controlled by Warren Buffett, has committed to provide $10 billion in financing for Occidental Petroleum's $38 billion bid for Anadarko Petroleum. The
  
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• 10 of the world's best investing minds shared their biggest fears at Milken — and the lack of consensus is a major red flag of its own

  30-04-2019 15:40 via feedproxy.google.com
  Ten experts at the Milken Institute Global Conference couldn't agree when asked about the biggest risk facing the investment landscape and overall economy.
  The lack of a clear-cut adversary has the panelists in defensive mode, even as financial markets remain strong.
  Follow all of Business Insider's coverage of the 2019 Milken Conference here.BEVERLY HILLS, California — Risks to the global market landscape were a major talking point during the first day of the Milken Institute Global Confe
  
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• Bacon drives McDonald's same-store sales beat (MCD)

  30-04-2019 14:57 via feedproxy.google.com
  McDonald's bacon promotion drove higher sales for the quarter, beating analyst expectations.
  The company's shares were up 3% early Tuesday, despite missing earnings expectations for the quarter.
  Watch McDonald's trade live.
  McDonald's rose more than 3% early Tuesday after the fast-food chain beat analyst expectations for same-store-sales growth, but missed on earnings . The first-quarter sales beat was driven in part by increased promotional events, including a "Bacon Event" and the introduction
  
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• Prisa Media develops emotion-based targeting

  30-04-2019 01:58 via warc.com
  Prisa Media, publisher of news titles including El Pais and Cinco Dias, is using machine learning to develop emotion-based segmentation in order to refine the context of hard news stories that advertisers might otherwise be reluctant to advertise...
  
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• IPL investment pays off for Vivo

  30-04-2019 01:58 via warc.com
  Vivo, the Chinese smartphone maker, has seen its market share in India double year on year during the first quarter – a development that analysts have attributed in part to its sponsorship of the India Premier League.Research firm Canalys...
  
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• How agencies can enhance inclusivity

  30-04-2019 01:58 via warc.com
  Agencies should apply their unique strategic and problem-solving skills to the task of enhancing the level of inclusivity in the sector, and thus help achieve a crucial goal for the industry.Lukeisha Paul, GroupM’s managing partner/head of...
  
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• Fast fashion's reckoning

  30-04-2019 01:58 via warc.com
  Ethics are becoming more and more important to businesses as consumers’ awareness grows - and for fast fashion, an industry based on high volumes and low prices, this shift brings a moment of reckoning.A
  
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• Brexit concerns fail to dampen UK adspend

  30-04-2019 01:58 via warc.com
  UK adspend rose 6.3% year-on-year to reach £23.6bn in 2018, according to the latest Advertising Association/WARC Expenditure Report, with further growth predicted for this year and next.This marks a record level of investment, and with...
  
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• Brands up digital video spend

  30-04-2019 01:58 via warc.com
  Brands will spend an average of $18m on digital video ads this year, almost a 25% increase year on year, according to a study from the Interactive Advertising Bureau (IAB), the trade body.The industry group’s new report,
  
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• Adfraud: Google removes all Play store apps from Chinese developer

  30-04-2019 01:58 via warc.com
  Google has reportedly begun removing apps from its Play store following substantial allegations of ad fraud against a Chinese Android developer, DO Global.The company, which is part owned by the Chinese search company Baidu, has had 46 apps...
  
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