Sales & Marketing news

• Famous Dave’s jumps 10% after announcing a partnership with Beyond Meat to test plant-based protein options (DAVE, BYND)

  28-06-2019 21:39 via feedproxy.google.com
  Famous Dave's announced Friday that it was partnering with Beyond Meat, the plant-based meat alternatives company.
  The barbecue restaurant chain will work with Beyond to create and test plant-based proteins for its menu. 
  Shares of Famous Dave's traded up as much as 10% on the news. 
  Watch Famous Dave's trade live. 
  Even barbecue is getting in on the fake-meat craze. 
  Shares of Famous Dave's traded up as much as 10% Friday after the franchise announced a partnership with Beyo
  
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• These are the 15 most shorted companies in the stock market

  28-06-2019 20:46 via feedproxy.google.com
  Short-sellers — or traders who wager on stock declines — are alive and well as markets soar to new highs in 2019.
  High short interest often implies an outright bearish position on a stock, though it can also reflect simple downside hedging.
  Here are the stocks with the highest notional short interest, according to S3 Partners.
  Read more on Markets Insider.
  Shorts are in for summer.
  As the S&P 500 hits a fresh series of record highs, traders are ramping up positions set to profit
  
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• Here’s why Apple's plan to escape Trump's tariffs by building iPhones outside of China won't actually be possible anytime soon (AAPL)

  28-06-2019 20:10 via feedproxy.google.com
  Apple's reported interest in moving some of its product production out of China in the wake of the trade war could take years to realize, supply chain experts told Business Insider.
  The company's complex production system is set up to deliver supplies to and ship products out of China; redirecting that system elsewhere will take enormous time and effort, they said.
  Right now, other countries don't have the infrastructure in place or enough trained labor for Apple to shift a significant amount o
  
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• The world’s largest beer maker is buying The Fat Jewish’s wine brand famous for White Girl Rosé

  28-06-2019 20:03 via feedproxy.google.com
  Anheuser-Busch InBev is taking control of Babe Wine, the company famous for White Girl Rosé, Bloomberg reported on Friday.
  Babe Wine, formerly called Swish Beverages, was co-founded by the Instagram influencer Josh Ostrovsky, known widely by his handle 'The Fat Jewish.' 
  By buying the brand, AB InBev is betting on the power of social media and the appeal of canned rosé to younger consumers. 
  Read more on Markets Insider. 
  Big beer is hoping that even if you don't wan
  
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• Instagram is recommending that new users in the US follow a 'healer' that peddles dangerous medical misinformation (FB)

  28-06-2019 19:56 via feedproxy.google.com
  Instagram is recommending new users in the US follow an account linked to a "healer" who claimed he could use herbs to cure AIDS, cancer, and other diseases.
  "Dr. Sebi," whose clients reportedly included Michael Jackson and John Travolta, said that modern medicine was wrong and that all illnesses were ultimately caused caused by excess "mucus."
  The decision by the social network's algorithm is likely exposing tens of thousands of people to this dangerous medical misinformation.
  One expert estima
  
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• Another Tesla analyst just slashed his price target for the 3rd time this year ahead of critical delivery numbers (TSLA)

  28-06-2019 18:56 via feedproxy.google.com
  UBS on Friday cut its Tesla price target to $160 from $200, citing profits and deliveries concerns.
  It was the third time this year analyst Colin Langan cut his target.
  He also lowered his earnings estimates for this year through 2023. 
  Track Tesla shares here in real time.
  Tesla shares slipped on Friday after UBS cut its price target on the electric-car maker's stock for the third time this year, citing concerns over second-quarter profits and deliveries for this year's second half. 
  
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• 'Pain is a great teacher': How Ray Dalio, the world's most successful (and mysterious) hedge-fund founder, came back from financial ruin

  28-06-2019 18:07 via feedproxy.google.com
  Ray Dalio is the founder and co-CIO of Bridgewater Associates, the world's largest hedge fund, with about $150 billion in assets under management.
  Dalio discussed key moments from his career in an episode of the Business Insider podcast "This Is Success."
  He explained how his collection of "principles" for life, work, and investing began when he went broke after a bad market call in 1982, which he blames on hubris.
  He also shares what led to his embrace of "radical transparency," what he learne
  
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• These are the 10 best-performing IPOs of 2019 so far

  28-06-2019 17:27 via feedproxy.google.com
  Renaissance Capital, a provider of institutional research and initial-public-offering exchange-traded funds, ranked the 10 best-performing IPOs so far in 2019.
  The companies were assessed on their percentage gain since hitting the market.
  The list includes some familiar names, but others may come as a surprise.Visit the Markets Insider homepage for more stories.
  2019 has been an exciting year for the initial-public-offering market.
  Popular venture-backed companies from Uber to Pinterest entered
  
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• Washington and Beijing are heading for a make-or-break meeting as Trump threatens to hit nearly every Chinese import with tariffs

  28-06-2019 17:02 via feedproxy.google.com
  President Donald Trump is set to sit down with Chinese President Xi Jinping on the sidelines of a multilateral summit in Japan on Saturday.
  The meeting marks a last-ditch attempt to avoid planned escalations in a sprawling trade war between the largest economies.
  Trump has said punishing tariffs on nearly all remaining imports from China will take effect if no progress is made during the two-day G20 summit in Osaka.
  Visit Markets Insider's homepage for more stories.
  President Donald Trump is set
  
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• Stocks rise on the quarter's final trading day as the G20 summit kicks off

  28-06-2019 16:42 via feedproxy.google.com
  Stocks rose in the US on Friday as investors looked toward the G20 summit in Japan, where President Donald Trump and the Chinese President Xi Jinping are expected to convene. 
  After a brutal May for equity markets, the Dow Jones Industrial Average is on track for its best month since 2015, and the S&P 500 is on pace for its best month since January.
  Visit Markets Insider's homepage for more stories.
  US stocks rose on Friday as investors looked toward the G20 summit in Japan, where
  
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• Stocks are climbing after Trump says there's 'a very good chance' of progress on trade talks with China

  28-06-2019 16:23 via feedproxy.google.com
  Traders sent stocks higher on Friday on renewed hopes of de-escalation in the US-China trade war.
  Donald Trump and Xi Jinping are set to meet on Saturday in a high-stakes encounter that could determine whether the US follows through on its threat to extend tariffs to virtually all Chinese goods.
  "I think we have a very good chance" of doing "something," Trump told reporters at the G-20 summit in Japan.
  View Markets Insider's homepage for more stories.Traders sent stocks higher on Friday on renew
  
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• Nike is selling a record number of USA women's soccer jerseys thanks to World Cup fever

  28-06-2019 16:10 via feedproxy.google.com
  Team USA's strong showing at the World Cup has fueled record sales of their home jersey on Nike.com.
  "The USA Women's home jersey is now the number one soccer jersey, men's or women's, ever sold on Nike.com in one season," Nike CEO Mark Parker said this week.
  World Cup fever has also helped Nike become North America's biggest seller of bras for the first time in its history.
  Watch Nike trade live.Team USA aren't the only ones on a winning steak at the Women's World Cup. Nike has sold more of the
  
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• Bank stocks are soaring after every single one passes the Fed's annual stress test (JPM, GS, BAC)

  28-06-2019 15:54 via feedproxy.google.com
  The banking sector is rallying after all 18 US lenders passed the Federal Reserve's annual stress tests. 
  The stress tests review how the country's largest banks would weather a sharp economic downturn or significant shock to the global economy.After receiving the good news, major US banks such as JPMorgan, Goldman Sachs, and Bank of America said they'll increase dividends and share buybacks.Visit the Markets Insider homepage for more stories.
  The US banking sector is looking strong. 
  
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• The maker of Modelo and Corona beer surges after beating earnings forecasts and boosting its yearly outlook (STZ)

  28-06-2019 15:09 via feedproxy.google.com
  Shares of Constellation Brands rose when the company reported fiscal first-quarter earnings that beat expectations.
  Sales of Modelo drove the company's gains during the period. 
  The company also has a high profile partnership with Canopy Growth, the Canadian cannabis company.Watch Constellation Brands trade live.Americans might be drinking less beer overall, but when they do, many of them reach for Modelo. 
  Shares of Constellation Brands, the alchohol company behind Modelo, Corona, Sve
  
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• Tesco trials AI-powered checkout-free stores

  28-06-2019 01:29 via warc.com
  Tesco, the largest supermarket chain in the UK, is developing checkout-free technology in some of its stores that would enable shoppers to fill their baskets and leave without having to spend time queuing for a cashier.In a move widely seen as a...
  
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• Retailers must focus on customer experience, says PwC

  28-06-2019 01:29 via warc.com
  Retail sales in Hong Kong are expected to drop by 5% to HK$460bn this year, according to a new report that recommends retailers there and in mainland China should do more to focus on customer experience.Professional services firm PwC previously...
  
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• Nike pulls shoe brand in China after backlash

  28-06-2019 01:29 via warc.com
  Nike, the US sportswear maker, is reported to have pulled from sale a limited-edition line of shoes in China after consumers there objected to its Japanese shoe designer expressing online support for protests in Hong Kong.According
  
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• Instagram Explore will carry ads for first time

  28-06-2019 01:29 via warc.com
  Instagram, the video and image-sharing platform owned by Facebook, has announced that it will allow the gradual introduction of ads to its Explore tab.This is the feature where users go when they want to see photos and videos related to their...
  
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• How six-second TV ads capture attention

  28-06-2019 01:29 via warc.com
  Many of the dynamics influencing six-second television ad performance vary compared with longer commercials, according to a study in the Journal of Advertising Research (JAR).Henry G. Wolf VII and Paul Donato, both from the Advertising Research...
  
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• A redefinition of customer-centricity

  28-06-2019 01:29 via warc.com
  To be successful in future, brands will need to ditch long-held and generic demographic segmentation labels, such as ‘millennials’, and instead focus on needs-based communities and on how they can anticipate changes in the emotional...
  
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