Sales & Marketing news

• Lululemon is spending more on air shipments before Trump's tariffs clog up ports — and it's a stark warning for companies that import from China

  13-06-2019 22:59 via feedproxy.google.com
  Ports could become congested this summer as companies bring forward shipments from China in anticipation of higher tariffs.
  Lululemon plans to dodge the problem by flying in more products instead of shipping them by sea.
  The athletic-apparel retailer expects tariffs and air-freight costs to weigh on its gross margin this quarter and its full-year earnings.
  Watch Lululemon Athletica trade live.Ports could become clogged this summer as US businesses bring forward shipments from China in anticipati
  
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• Inside the Alphabet empire: Here are the most important people and teams in Google's vast power structure (GOOG, GOOGL)

  13-06-2019 22:34 via feedproxy.google.com
  Google-parent company Alphabet dominates businesses from search to online ads.
  The company has more than 103,000 employees working on high-profile initiatives and secret projects.
  Business Insider Prime has mapped out some of the key teams and rising stars that comprise the power structure at Alphabet.
  Visit Business Insider's homepage for more stories.Google has come a long way from its days as an internet search engine operating out of a Silicon Valley garage. 
  Today, Google is the center
  
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• A top White House economic adviser says the ballooning budget deficit 'doesn’t bother' him

  13-06-2019 22:32 via feedproxy.google.com
  White House economic adviser Larry Kudlow suggested on Thursday that the rapidly growing gap between federal income and spending wasn't a pressing concern.
  "I don't think we're at a crisis point now," Kudlow said of publicly-held debt as a share of gross domestic product. "That by itself is not a catastrophe. It doesn't bother me right now."
  As a candidate in 2016, President Donald Trump promised to balance the federal budget within eight years.
  White House economic adviser Larry Kudlow suggeste
  
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• A titan of global investing just booted Facebook from its do-good index as a direct result of privacy concerns

  13-06-2019 22:13 via feedproxy.google.com
  S&P Dow Jones Indices is removing Facebook from its S&P 500 ESG Index, which tracks companies that score well in its environmental, social, and corporate governance rankings.  
  The index provider said it came to that decision after privacy concerns surrounding the company, "including a lack of transparency," led Facebook to fall short of its ESG standards.
  The move underscores not only the pressure on Facebook amid a string of privacy scandals, but the rise of firms incorporati
  
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• Online tech publisher CNET is shutting down its print magazine after less than five years (CBS)

  13-06-2019 22:04 via feedproxy.google.com
  CNET is shutting down CNET Magazine, its quarterly print magazine, sources inside and outside the company told Business Insider.
  The company informed employees of the move at a meeting last month.
  Visit Business Insider's homepage for more stories.The tech-news publisher CNET is shutting down its namesake magazine, Business Insider has learned.
  The organization informed employees of the closure of CNET Magazine at a company meeting last month, current and former employees said.
  CNET confirmed th
  
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• Even the world's top firms pay Rob Arnott for advice. Here's why he thinks an area of the market once left for dead is set for a roaring comeback.

  13-06-2019 20:52 via feedproxy.google.com
  Rob Arnott, the chairman and chief executive of Research Affiliates LLC, made a case for a long-avoided market strategy that looks poised to rebound.
  Arnott also identified the pertinent areas of the market most likely to provide outsize five-year returns.
  Click here for more BI Prime Stories.Investors often have trouble learning from the past when assessing the money-making narratives of the future.
  In any given year, the worst-performing sectors are often ostracized — thought of as black
  
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• CERN, the famous scientific lab where the web was born, tells us why it's ditching Microsoft and helping others do the same (MSFT)

  13-06-2019 20:27 via feedproxy.google.com
  The respected scientific-research center CERN said this week that it is yanking out all of its Microsoft software after the company increased the prices it was charging tenfold.
  A CERN IT professional gave Business Insider more details about what CERN is internally calling the Microsoft Alternatives project (MAlt).
  The CERN IT pro said the organization hopes MAlt will help others ditch Microsoft, too.
  As part of this, CERN employees are contributing to open-source-software projects, adding new f
  
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• Trump and Xi are supposed to meet at the upcoming G20 summit. Here's why experts say the outcome will dictate the fate of the entire stock market.

  13-06-2019 20:11 via feedproxy.google.com
  President Donald Trump and Chinese President Xi Jinping may meet in Japan later this month at the annual G20 summit to discuss trade relations, but those plans are still up in the air. 
  Equity strategists and economists say that whether or not the two leaders convene — and what they discuss if they do — will influence the direction of the US stock market, which has enjoyed a rally this year.
  Visit Markets Insider's homepage for more stories.
  The planned meeting between President
  
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• JPMORGAN: America's small businesses risk running out of money as the trade war rages on — and investors appear blind to the mounting pressure

  13-06-2019 19:00 via feedproxy.google.com
  If the US-China trade war enters a more dangerous phase, small businesses are much more vulnerable than larger firms in terms of losing their cash flow, according to JPMorgan strategists.
  But it says investors are underestimating the risks of an escalated trade war to businesses both big and small.
  JPMorgan unearthed the evidence for this complacency and offered a trading recommendation to protect against an even deeper trade war.
  Click here for more BI Prime stories.There's little upside for in
  
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• A secretive self-driving startup worth $2.5 billion just raised $600 million with help from Tesla's biggest outside investor

  13-06-2019 18:42 via feedproxy.google.com
  Aurora Innovation has raised $600 milion as part of a Series B funding round from backers including Kia and Hyundai.
  Baillie Gifford, Tesla's top shareholder after CEO Elon Musk, also participated in the round
  Aurora cofounder Sterling Anderson previously worked on Tesla's Autopilot program.
  Visit Business Insider's homepage for more stories.Aurora Innovation, a self-driving startup worth $2.5 billion, has raised another $600 million round of venture capital with backers including Hyundai and Ki
  
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• Disney jumps after Morgan Stanley boosts its outlook for Netflix competitor Disney Plus (DIS)

  13-06-2019 18:08 via feedproxy.google.com
  Disney shares rose as much as 3% after Morgan Stanley published a report on Thursday increasing their price target to $160 from $135.
  Morgan Stanley also increased its forecast for Disney's streaming subscriber growth, predicting it will hit 130 million by 2024.
  Disney stock hit a record high of $142.35 a share in April following the release of 'Avengers: Endgame.'
  Watch Disney trade live.
  Disney shares climbed after Morgan Stanley analyst Benjamin Swinburne published a research note on Thursday
  
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• $7 billion hedge fund WorldQuant hosted a competition for women quants. Now it's hiring 50 of the contestants as research consultants.

  13-06-2019 17:44 via feedproxy.google.com
  Hedge funds have a demonstrated problem hiring women to join their investment teams, leading to a large disparity between men and women in key roles. 
  Giant hedge fund WorldQuant inaugurated its Women Who Quant competition this year in collaboration with advocacy groups  Women 2.0, Women Who Code, and 100 Women in Finance.
  The top three finalists hailed from Russia, Vietnam, and India, and they're now joining the company as research consultants, with the firm hiring 50 research consult
  
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• China says trade pressure from the US 'will absolutely not succeed' as Trump vows to slap tariffs on $300 billion worth of products

  13-06-2019 17:10 via feedproxy.google.com
  China said on Thursday it wouldn't give into "maximum unilateral pressure" from the US on trade.
  The comments came ahead of an anticipated meeting between President Donald Trump and Chinese President Xi Jinping at the end of June.
  Trump has indicated that meeting would be crucial to delay plans to impose additional tariffs on roughly $300 billion worth of Chinese imports, a move that would likely have sweeping consequences for both economies. 
  China said on Thursday it wouldn't give into US
  
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• Why there is no 'Peak Car' (F, GM, FCAU)

  13-06-2019 17:07 via feedproxy.google.com
  Auto sales, particularly in the US, have been booming for years. Automakers have been positing healthy profits, but now concern has developed about "Peak Car," the idea that worldwide auto sales growth has topped out.
  The auto industry isn't meaningfully threatened by ride-hailing or new companies making electric vehicles. And although sales could decline in the future, historically high transaction prices should offset a slowdown.
  A solid economy has led analysts to scour the globe for sources
  
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• Cutting through clickbait to the true meaning of native

  13-06-2019 17:00 via warc.com
  Used to describe everything from controversial fashion trends to the mention of
  
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• Alibaba has reportedly filed confidentially for a Hong Kong listing that could raise up to $20 billion (BABA)

  13-06-2019 17:00 via feedproxy.google.com
  Alibaba has reportedly filed to list on the Stock Exchange of Hong Kong in an offering that could raise $20 billion.
  The China-based e-commerce conglomerate raised more than $20 billion from its initial public offering on the New York Stock Exchange more than four years ago.
  Alibaba's shares were up less than 1% early Thursday.
  Watch Alibaba trade live.
  Alibaba, Amazon's largest competitor in China, is said to have filed confidentially to list on the Hong Kong stock exchange. Bloomberg first rep
  
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• Tyson takes on Beyond Meat with plans to make plant-based 'meat' a billion-dollar business

  13-06-2019 16:12 via feedproxy.google.com
  Tyson Foods is taking on Beyond Meat with a new line of plant-based meat alternatives.
  In a statement, Tyson Foods CEO Noel White said the company expected to be "a market leader in alternative protein," which he said could one day be "a billion-dollar business for our company."
  Tyson Foods sold its 6.52% share in Beyond Meat in April, shortly before the plant-based-burger maker's explosive initial public offering.
  Visit Business Insider's homepage for more stories.Tyson Foods has plans to compe
  
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• Restoration Hardware soars after earnings beat, says it won't see a big impact from the trade war (RH)

  13-06-2019 14:54 via feedproxy.google.com
  RH, the company formerly known as Restoration Hardware, topped Wall Street estimates when it reported first-quarter earnings after Wednesday's closing bell. 
  The company posted strong earnings growth, beating analysts estimates for earnings per share and revenue.
  Gary Friedman, the chief executive officer of RH, said the company won't be heavily impacted by the US's trade war with China.Shares leaped 23.72% early Thursday. 
  Watch RH trade live.
  RH, the company formerly know as Restorat
  
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• Beyond Meat tanks after Tyson announces its own line of plant-based meat alternatives (BYND, TSN)

  13-06-2019 14:13 via feedproxy.google.com
  Beyond Meat shares fell early Thursday after Tyson Foods announced its own line of plant-based protein products.
  Tyson's announcement comes just over a week after Nestle entered the plant-based-meat market. Nestle plans to roll out a veggie burger in the US this fall.
  Tyson is also planning to launch blended products that contain both meat and plants.
  Watch Beyond Meat trade live.
  Competition is ramping up in plant-based protein.
  Shares of Beyond Meat fell more than 5% early Thursday after Tyson
  
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• Freddie Covington: 'Everything we thought we knew about the customer, we need to relearn'

  13-06-2019 12:58 via warc.com
  Freddie Covington, Senior Vice President, Head of Marketing and Cross Border, Asia Pacific, Visa, is chairing this year’s WARC Prize for Asian Strategy. She spoke with WARC’s Lucy Aitken describe why CMOs need to be on a constant...
  
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• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, LULU, BYND)

  13-06-2019 12:47 via feedproxy.google.com
  Here is what you need to know.Trump threatens sanctions on Germany. "We're looking at it," President Donald Trump told reporters at the White House on Wednesday, referring to the possibility of applying sanctions on Germany if the Nord Stream 2 pipeline were to go ahead. "It really makes Germany a hostage of Russia if things ever happened that were bad."
  The UK is nowhere near ready for a no-deal Brexit. Less than 10% of UK firms have applied for a set of procedures designed to minimize a no-de
  
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• Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman

  13-06-2019 12:26 via feedproxy.google.com
  The price of oil surged Thursday after a suspected torpedo attack on two tankers in the Gulf of Oman.
  West Texas Intermediate crude jumped 3%, while Brent crude jumped 3.8%.
  Oil was previously trading at five-month lows, reflecting a glut of US crude and concerns that the US-China trade war could weaken global economic growth and temper demand for oil.
  Watch oil trade live.The price of oil surged Thursday after an apparent attack on two tankers in the Gulf of Oman.
  One of the vessels, Front Alta
  
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• WarnerMedia's streaming service taps CPG thinking

  13-06-2019 01:03 via warc.com
  WarnerMedia, the media and entertainment company owned by AT&T, is taking inspiration from the consumer packaged goods industry as it develops a new digital streaming service.Natasha Hritzuk, vice president of consumer insights at WarnerMedia,...
  
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• Uber threatened in London stronghold

  13-06-2019 01:03 via warc.com
  After almost a decade of dominance in London’s ride-hailing scene, Uber is facing competition on a number of fronts that could undercut the newly public company and beat it at its own game.This week, the Estonian company, Bolt, announced its...
  
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• Snapchat's new filters doubled app downloads

  13-06-2019 01:03 via warc.com
  Following the release of the wildly popular gender-swap and baby filters, Snapchat, the photo sharing company saw weekly app downloads double, a sign that its user growth strategy through product innovation is working.This is according to data...
  
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• How marketing can lead in business

  13-06-2019 01:03 via warc.com
  Marketing is sometimes referred to as the voice of the customer, but if it is to truly lead within a business then this has to be balanced with team capabilities and corporate culture – find the sweet spot and marketing can once again become a...
  
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• Global adspend: emerging signs of deceleration

  13-06-2019 01:03 via warc.com
  Underlying growth in global adspend is slowing in 2019, according to GroupM’s latest worldwide media forecasts, and is expected to pick up only marginally in 2020.This Year, Next Year notes the various tensions affecting the global economy...
  
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• Aussie subscription streaming booms

  13-06-2019 01:03 via warc.com
  The Australian subscription streaming market has grown by almost a third over the past 12 months and is on course to overhaul pay-TV’s market share within a couple of years, according to a new report.The annual
  
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• Asia's PR agencies could be missing opportunities

  13-06-2019 01:03 via warc.com
  PR agencies score highly with clients in Asia in terms of trust and value, but that isn’t necessarily reflected in how much money those clients are prepared to spend with them in future, new research shows.A
  
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