Sales & Marketing news

• 'Godzilla: King of the Monsters' wins the weekend box office but performs below expectations

  02-06-2019 17:28 via feedproxy.google.com
  Warner Bros.' "Godzilla: King of the Monsters" won the domestic weekend box office with an estimated $49 million, knocking Disney's "Aladdin" from the top spot.
  However, it performed below expectations and was a softer opening than 2014's "Godzilla" ($93.1 million) and WB's fellow "MonsterVerse" release "Kong: Skull Island" ($61 million).
  "King of the Monsters" also was part of a crowded new release slate this weekend, with "Rocketman" opening with a healthy $25 million opening and the $5 millio
  
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• The next recession, Mark Zuckerberg's security chief, and UnitedHealth Group's $100 billion goal

  02-06-2019 16:07 via feedproxy.google.com
  Hello!
  It was a rough week for the market, with Donald Trump's decree on Thursday that the US will impose tariffs of 5% on Mexican imports starting June 10, sending stocks into a spin. 
  Morgan Stanley strategists think the economy looks far worse under the surface than most realize, even before the tariffs, with the Wall Street firm highlighting weak durable goods and capital spending in April and a decline in the Markit Purchasing Managers' Index.
  A proprietary economic indicator
  
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• Here's why Coach and Kate Spade's CEO 'gets excited' about Africa's growth prospects

  02-06-2019 14:52 via feedproxy.google.com
  The boss of Coach and Kate Spade expects Africa, not China, to be the focus of his children's careers over the next 20 to 40 years.
  "Goodness, if we ever get Africa growing, I get excited," said Tapestry CEO Victor Luis at a conference this week.
  Africa's under-25 population is forecast to grow by more than 500 million by 2050, and annual spending on the continent is set to surge by two-thirds to $6.7 trillion by 2030.
  Watch Tapestry trade live.The boss of Coach and Kate Spade's parent company e
  
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• The stock market will soon be without its biggest source of buying power — and its absence will make the next crash even more painful

  02-06-2019 12:05 via feedproxy.google.com
  For the entirety of the more than 10-year bull market, an invisible safety net has helped keep stocks afloat, providing buying power during difficult periods.
  Vincent Deluard, a macro strategist at INTL FCStone, says this backstop will soon be gone. He explains why that will make the next stock-market crash even worse.
  Visit Business Insider's homepage for more stories.As the equity bull market plows forth into its 10th year of existence, special recognition must be given to the invisible safety
  
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• Trump just took his trade battle to a new front — and now traders are more sure than ever the Fed is going to cut rates

  02-06-2019 10:36 via feedproxy.google.com
  President Donald Trump on Thursday threatened to impose tariffs of up to 25% on goods coming into the United States from Mexico until the "illegal immigration problem is remedied."
  Fed rate-cut expectations jumped on the news, with traders now seeing a 50% chance that the Fed will cut rates in July.
  The average amount of time between the last rate hike and the first rate cut is seven months — we are currently at five months. 
  Visit MarketsInsider.com for more stories.
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