Sales & Marketing news

• The 'three most dangerous words' on Wall Street keep popping up

  30-05-2019 22:42 via feedproxy.google.com
  The 10-year yield has now traded below the 3-month yield for three weeks, flashing a long-watched historical sign that a recession is looming.
  But many equity strategists remain bullish, saying this inversion is different to those that have previously signaled economic weakness.
  "Different this time" are the three most dangerous words on Wall Street, according to one market strategist.
  Visit Markets Insider's homepage for more stories.
  The three most dangerous words on Wall Street keep popping u
  
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• Uber's first quarterly earnings report as a public company tops Wall Street expectations (UBER)

  30-05-2019 22:29 via feedproxy.google.com
  On Thursday, Uber released its first earnings report as a public company, which slightly topped Wall Street estimates.
  Uber's stock price has stuttered since it began trading in early May, and sank slightly after the report. Follow the stock in real-time here. 
  Visit Business Insider's homepage for more stories.Uber released first-quarter earnings on Thursday, its first such report since going public earlier in May, that were slightly above Wall Street's expectations and in line with the co
  
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• Beyond Meat's surging stock has left short sellers with $150 million of losses since its IPO (BYND)

  30-05-2019 22:04 via feedproxy.google.com
  Beyond Meat short sellers have lost $158 million since the company listed in May.
  The stock opened at $103.25 on Thursday, 313% above its initial-public-offering price.
  Betting against the stock has become increasingly expensive.Watch Beyond Meat trade live. 
  Traders who have shorted, or bet against, Beyond Meat, the top-performing initial public offering of the year, have lost more than $150 million since the company listed shares on May 2, according to the data-analytics firm S3 Partners.
  
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• Ulta Beauty slides after revenue miss (ULTA)

  30-05-2019 21:21 via feedproxy.google.com
  Ulta Beauty reported first-quarter adjusted earnings and guidance that topped Wall Street estimates.
  Revenue was a bit light. 
  Shares fell as much as 3% following the news.
  Watch Ulta Beauty trade live. 
  Ulta Beauty, the beauty brand betting on the popularity of Kylie Jenner and Morphe, reported adjusted first-quarter earnings and full-year guidance that topped Wall Street expectations, but shares slid as much as 3% in after-hours trading as revenue came up a bit short.
  Here are the ke
  
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• Amazon bulls may be ignoring a key regulatory risk (AMZN)

  30-05-2019 21:14 via feedproxy.google.com
  Amazon bulls may be ignoring a critical threat to the company, according to a new research note.
  Antitrust actions against the company may take place at the state level despite a lack of concern that the company violates federal antitrust law.
  Watch Amazon trade live.
  Amazon bulls may face a rude awakening from state-level antitrust actions against the e-commerce giant.
  A report from D.A. Davidson & Co. Senior Research Analyst Tom Forte notes the company has taken actions to steer clear of f
  
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• GM is investing $24 million to build more pickups in Indiana, the heart of Trump country (GM)

  30-05-2019 19:50 via feedproxy.google.com
  GM announced on Thursday that it would invest $24 million in its Fort Wayne, Indiana factory.
  The factory builds full-size Chevy and GMC pickups and has received a total investment of over $1.2 billion.
  Politics matter in the announcement. President Trump has criticized GM for idling a plant in Ohio, and Indiana is home to Vice-President Pence and is a state that Trump carried in 2016.
  Regardless of the politics, GM needs to keep pace with Ford and FCA's RAM brand in 2019's pickup-truck war.
  Vis
  
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• One of Tesla's most optimistic backers explains why it's doubling down as other investors rush for the exits (TSLA)

  30-05-2019 19:41 via feedproxy.google.com
  The firm Ark Invest has gained notoriety for its controversial, ultra-bullish view on Tesla.
  Ark is also a women-led investment manager with a female analyst covering the stock — a rare combination in the majority-male Tesla investment community.
  Two Ark analysts spoke with Markets Insider about the firm's recently updated model and why they've grown more optimistic on Tesla — even as shares have plunged.
  Watch Tesla trade live.
  Tesla may be losing the confidence of most of Wall Stre
  
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• Uber will bar passengers if their ratings drop to a certain level. Here's how to make sure you don't get booted. (UBER)

  30-05-2019 19:30 via feedproxy.google.com
  Uber will soon bar passengers with low ratings, the company announced this week.
  The company did not say what minimum riders would need to meet or what infractions might ding them the most.
  In recent months, Business Insider has asked more than two dozen drivers about their biggest pet peeves. 
  Here are some simple ways to make sure your rating is as high as possible. Uber announced this week that it would soon begin kicking passengers with low ratings off its app.
  The company did
  
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• Abercrombie & Fitch plans to shut flagship stores worldwide in a bid to boost profits (ANF)

  30-05-2019 17:57 via feedproxy.google.com
  Abercrombie & Fitch plans to shut several flagship stores worldwide in a bid to cut costs and reshape its business.
  The teen-apparel retailer has already announced five closures as it works to double its profit margin.
  "Year by year we're looking to pick these things off one by one," said CFO Scott Lipesky on the first-quarter earnings call.
  Watch Abercrombie & Fitch trade live.
  Abercrombie & Fitch plans to shut several flagship stores around the world as it works to cut costs and re
  
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• Robinhood investors are scooping up AMD after its new chip announcement (AMD)

  30-05-2019 17:46 via feedproxy.google.com
  Robinhood, the app popular among young investors, has seen a sharp increase in the number of accounts holding AMD.
  The rise in investor interest follows the chipmaker's recent announcement of a new chip.
  Watch AMD trade live.
  Users of the Robinhood trading app have upped their holdings in AMD, following the company's announcement that its processing chips have finally taken the performance crown from arch-rival Intel. Robinhood, which offers fee-free trading, is popular with younger investors wi
  
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• The uncertainties of judgement

  30-05-2019 17:35 via warc.com
  Steadfast rules or continuous adaptation? Considering two approaches to marketing rules, We Are Social's Andre Van Loon looks to the uncertainties of judgement.
  
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• These retailers could be worst hit by the trade war with China

  30-05-2019 17:32 via feedproxy.google.com
  The US-China trade war has escalated dramatically over the past few weeks as the US and China have imposed fresh tariffs on billions of dollars' worth of each other's goods.
  Analysts are calling out the retailers and industries that they expect to be worst hit by the newest round of tariffs. 
  Some retailers have spoken publicly about how they are preparing to weather the storm. And as the retail sector is in the midst of earnings season, the topic has been a focal point of analysts' qu
  
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• 9 mind-blowing facts about the US farming industry

  30-05-2019 17:06 via feedproxy.google.com
  The US farming industry contributes more than $100 billion to the US economy.
  But the farming industry is being threatened by climate change, trade wars, and a changing workforce.
  Read on for nine surprising facts about the US farming industry.
  Visit MarketsInsider.com for more stories.The US farming industry is in a massive state of transition.Factors such as extreme weather events caused by climate change and loss of arable land caused by development threaten the food supply, while the number
  
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• Tesla gets a fresh price-target cut from Wall Street, analyst wonders what's left of the automaker's bull case (TSLA)

  30-05-2019 16:31 via feedproxy.google.com
  Tesla shares slipped early Thursday after Barclays cut its price target for a second time this year.
  The firm said Tesla is set to "stall," pointing to issues over demand and the likelihood CEO Elon Musk's full self-driving capabilities actually pan out. 
  Watch Tesla trade live.
  Barclays on Thursday became the latest Wall Street firm to lower its expectations for Tesla, citing concerns over underlying demand, profitability, and the skepticism that's met CEO Elon Musk's full self-drivin
  
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• Uber is set to release its first earnings report as a public company. Here's what to expect. (UBER)

  30-05-2019 16:22 via feedproxy.google.com
  Uber will report its first quarter earnings Thursday afternoon, its first disclosure since going public this month. 
  The ride-hailing giant has already forecast that it will lose around $1 billion in the three-month period. 
  Analysts will have plenty of questions for management about gross bookings, take rate, and other industry-specific metrics.
  Wall Street remains bullish on the stock, with an average price target well above where shares are currently trading. 
  Visit Business In
  
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• Ray Dalio warns the US-China trade war may be evolving as signs mount of a 'major escalation'

  30-05-2019 15:14 via feedproxy.google.com
  Ray Dalio has warned the US-China trade war may be entering a new stage.
  Given the Trump administration's blacklisting of Huawei and China's threats to cut off America's supply of rare-earth metals, the "tariff war" could soon evolve into an "export embargo war," he wrote in a LinkedIn post.
  The hedge-fund billionaire said President Donald Trump was "pushing the limits" and warned against further escalation.
  "Conflicts can easily slip beyond their control and become terrible wars that all partie
  
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• The 'three most dangerous words' on Wall Street keep coming up. Stock-market bulls should be worried.

  30-05-2019 15:01 via feedproxy.google.com
  "Different this time" are the three most dangerous words on Wall Street, according to one market strategist.
  Analysts at Morgan Stanley say the yield curve inverted in November, adjusting for quantitative easing and quantitative tightening.
  Others argue that because this inversion is caused by the falling 10-year, it isn't cause for alarm. 
  Visit Markets Insider's homepage for more stories.
  The three most dangerous words on Wall Street keep popping up, and stock-market bulls should be worri
  
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• Kantar IRG insights: Rethinking market share

  30-05-2019 15:00 via warc.com
  Defining brand growth as capturing market share from competitors is a self-limiting approach, according to the Institute for Real Growth, a study led by WPP’s Kantar Consulting.
  
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• Dollar General stock jumps as same-store sales beat (DG)

  30-05-2019 14:51 via feedproxy.google.com
  Dollar General beat earnings expectations and same-store sales estimates for the first quarter.
  The stock was up more than 5% in pre-market trading Thursday.
  Watch Dollar General trade live.
  Dollar General shares rose more than 5% in pre-market trading Thursday after the company posted better-than-expected first-quarter results.
  The company reported earnings per share of $1.48, above the $1.39 that analysts surveyed by Bloomberg were expecting. Same-store sales, an important metric for investors
  
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• Kantar IRG insights: Embracing new business models

  30-05-2019 14:25 via warc.com
  Brands need to feel the fear and do it anyway when it comes to embracing new business models, or risk losing out, according to the Initiative for Real Growth (IRG) study led by WPP’s Kantar Consulting.
  
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• The stock market is facing an 'uncommon mix' of circumstances — and UBS says there's only one strategy for traders looking to take advantage

  30-05-2019 14:07 via feedproxy.google.com
  The stock market landscape is dealing with conflicting signals around risk appetite as investors try to figure out what to do next.
  UBS outlines what it thinks is the best possible strategy to take advantage of such an environment.
  Visit Business Insider's homepage for more stories.During simple times, investing in the stock market can be divided into two simple categories: risk-on and risk-off.
  When risk appetite is roaring, shares of tech and consumer discretionary companies look mighty appeal
  
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• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, BA)

  30-05-2019 12:56 via feedproxy.google.com
  Here is what you need to know.Mueller closes the Russia investigation and retires. "I'm speaking out today because our investigation is complete," the former special counsel Robert Mueller said. "The attorney general has made the report on our investigation largely public. We are formally closing the special counsel's office, and as well I'm resigning from the Department of Justice to return to private life."
  China isn't afraid of a trade war. "We oppose a trade war but are not afraid of a trad
  
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• Brexit reduced UK car production by 45%, showcasing the costs and unintended consequences of new trade barriers

  30-05-2019 12:33 via feedproxy.google.com
  UK car production plunged 45% in April after automakers brought forward their annual shutdowns to coincide with Brexit — only for the EU exit deadline to be extended.
  Commercial vehicle exports were down 89%.
  The carmakers have taken "a raft of costly and ongoing contingency measures" ahead of Brexit, including stockpiling, cost-cutting, training, and rerouting of logistics, said the Society of Motor Manufacturers and Traders.
  The industry's woes highlight the broader costs — and uni
  
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• New York reclaims the crown as the world's top financial center, survey says

  30-05-2019 12:32 via feedproxy.google.com
  New York City has retaken the crown as the world's leading financial center, according to a new survey.
  London claimed the top spot in 2018 before Brexit concerns sparked a loss of support.
  Hong Kong is increasingly seen as the future financial capital of the world.
  Visit MarketsInsider.com for more stories.
  New York City has retaken the top spot among the world's financial centers, according to a new survey from Duff & Phelps.
  In its Global Regulatory Outlook report, the financial-services
  
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• 5 of the top-rated equity fund managers in the US share their blueprints for consistently crushing the market — and the best ways to replicate their success

  30-05-2019 11:58 via feedproxy.google.com
  Business Insider spoke with five of the top-rated US equity fund managers to learn about their strategies, strongest convictions in the market, and advice for other investors looking to replicate their success.
  The funds featured below received perfect scores in Lipper's assessment of total return, consistent return, capital preservation, expense, and tax efficiency.
  Visit Business Insider's homepage for more stories.With $17.7 trillion in assets still managed by US mutual funds, reports of the
  
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• Citigroup spends $8 billion a year on tech, and it's finally starting to see a hefty pile of savings from the massive investments (C)

  30-05-2019 03:07 via feedproxy.google.com
  Banks are spending billions to upgrade their technology platforms.
  Citigroup CEO Michael Corbat said his firm is starting to see its $8 billion annual tech budget pay off with significant cost savings.
  The bank reached an inflection point in 2018 and Corbat expects tech spending to result in as much as $600 million in net savings this year. 
  Visit Business Insider's homepage for more storiesBig banks are spending massive sums of money to up their technology games.
  Part of the calculus is ke
  
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• Star India eyes ICC Cricket World Cup success

  30-05-2019 02:00 via warc.com
  Star India, the official broadcaster of this year’s Cricket World Cup, is expected to bring in around Rs 1500 crore in ad revenue (roughly US$ 215.7 million) across both its broadcast and online formats, provided that the country’s...
  
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• Pokémon Company hints at a new meaning of augmented reality

  30-05-2019 02:00 via warc.com
  The Pokémon Company has announced the next step in its augmented reality gaming future with a new direction: Pokémon Sleep, a game with the ambitious aim of turning “sleep into entertainment.”Sleep will work by recording...
  
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• Podcasts: The venture capital view

  30-05-2019 02:00 via warc.com
  Silicon Valley VC firm Andreesen Horowitz has produced a long report about podcasting from an investment point of view. Here’s what you need to know.This week, the firm published a report,
  
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• MassMutual taps power of personas

  30-05-2019 02:00 via warc.com
  MassMutual, the financial-services provider, enjoyed success in moving beyond a one-size-fits-all communications model and tapping a slate of consumer "personas" based on particular mindsets among its target audience.Greg Long, MassMutual’s...
  
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• German publishers unite to compete with digital giants

  30-05-2019 02:00 via warc.com
  In the face of massive internet advertising growth, publishers have relinquished ever more control to the hands of Google, Facebook, and increasingly Amazon, but now four big German publishing groups are pooling resources to sell inventory across...
  
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• Amazon pivot to big brands could hurt small suppliers

  30-05-2019 02:00 via warc.com
  In one of the biggest shifts to its e-commerce strategy in its history, Amazon is pivoting away from making bulk orders from smaller suppliers to cut costs by moving to wholesale purchases from major brands.“This is the kind of change that...
  
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• Corporate America is narrowly avoiding an earnings recession, but signs of weakness are lurking within the data

  30-05-2019 00:32 via feedproxy.google.com
  The current US corporate earnings season is all but over.
  While the results aren't stellar, they've topped analysts' low expectations — especially when compared with results from their overseas counterparts — and are on track to avoid a decline.
  Still, growth has markedly slowed from prior quarters.
  Morgan Stanley continues to look for a corporate earnings recession this year, starting with the quarter that's wrapping up in the coming days.
  Visit Markets Insider's homepage for more s
  
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