Sales & Marketing news

• Virgin Galactic skyrockets 19% to an all-time high after the company moves its spacecraft to New Mexico (SPCE)

  14-02-2020 21:33 via feedproxy.google.com
  Virgin Galactic moved its VSS Unity spacecraft from Mojave, California, to its commercial headquarters in New Mexico on Thursday, it said in a press release.
  Shares of the space-tourism company spiked 19% on Friday to an all-time high.
  Virgin Galactic says the VSS Unity will eventually shuttle paying customers to space and back.
  Watch Virgin Galactic trade live on Markets Insider.
  Read more on Business Insider.
  Virgin Galactic is one step closer to blastoff.
  The aerospace company's stock price s
  
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• How much YouTube pays for a video with 100,000 views, according to a personal-finance creator

  14-02-2020 20:46 via feedproxy.google.com
  
  Marko Zlatic is a personal-finance YouTube creator with 295,000 subscribers. 
  Zlatic told Business Insider that he treats YouTube like a full-time job and earns money through affiliate marketing, sponsorships, ads in his videos, and financial consulting. 
  YouTube creators like Zlatic earn money off the platform through YouTube's Partner Program, which lets creators monetize their channels with video ads.
  On average, Zlatic earns between $1,300 and $1,500 on a video with 100,000 views,
  
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• The FTC's latest shot at the tech giants has opened up an unexpected front in the war to constrain Apple, Amazon, Google, Microsoft, and Facebook (GOOG, AAPL, MSFT, AMZN, FB)

  14-02-2020 19:33 via feedproxy.google.com
  
  The Federal Trade Commission's move to probe past acquisitions by the big tech firms is one more regulatory worry for those companies.
  The agency plans to study the "hundreds" of deals the companies have made over the last 10 years that the companies hadn't previously had to report to it.
  There's growing concern inside and outside the agency that the companies have used such deals to quash nascent competitors.
  As a result of the study, the FTC could force the companies to unwind some of their pa
  
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• AOC says the quiet part out loud about Medicare for All: It has virtually no chance of becoming law right away

  14-02-2020 18:57 via feedproxy.google.com
  AOC conceded that Medicare for All may not become law right away in an interview with the Huffington Post.
  "The worst-case scenario? We compromise deeply and we end up getting a public option. Is that a nightmare? I don't think so," she said. 
  Her comments highlight a possible pivot Sanders can take as he becomes the frontrunner for the nomination: Fight for sweeping change but accept modest reform from a polarized Congress.
  Visit Business Insider's homepage for more stories.
  Democratic Rep
  
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• The White House is likely to unveil 10% tax cuts for the middle class in September, Kudlow says

  14-02-2020 18:24 via feedproxy.google.com
  President Donald Trump could announce a second tax cut package just months ahead of the 2020 election this fall.
  The long-shot proposal could offer a revamped campaign message after the Tax Cuts and Jobs Act failed to gain widespread support. 
  Administration officials have offered conflicting details on tax cuts over the past year, flip-flopping on the type of package the White House would pursue. 
  Visit Business Insider's homepage for more stories.
  President Donald Trump could announc
  
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• Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again

  14-02-2020 18:13 via feedproxy.google.com
  Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days.
  Berkshire Hathaway's 27% stake in the food giant shrank in value to $8.7 billion from $9.8 billion over Thursday and Friday.
  Kraft Heinz on Thursday reported sharp declines in fourth-quarter sales and profits.
  Fitch cut the credit rating on Kraft Heinz bonds to "junk" on Friday.
  Visit Business Insider's homepage for more stories.
  Warren Buffett lost more than $1 billion this week as Kraft Heinz stock plummeted 11
  
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• Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling

  14-02-2020 18:04 via feedproxy.google.com
  Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards restructuring, Bloomberg reported.
  Officials in Argentina say the restructuring agreement will not do any favors to investors, Bloomberg reported.
  Hasenstab made his name by making big bets on sovereign debt, but this may be a position he struggles to find upside from.
  Visit Business Insider's homepage for more stories.In a week where the country announced i
  
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• Canopy Growth spikes 22% after beating earnings expectations, and now other pot stocks are surging as well (CGC)

  14-02-2020 17:43 via feedproxy.google.com
  On Friday before the bell, Canopy Growth Corp. reported fiscal third quarter 2020 earnings that beat analyst expectations. 
  Shares of Canopy Growth gained as much as 22% Friday.  
  Shares of other cannabis company stocks also rose, and the Horizons Marijuana Life Sciences Index ETF gained as much as 8%. 
  Watch Canopy Growth trade live on Markets Insider. 
  Read more on Business Insider. 
  Pot stocks are flying high Friday after Canopy Growth Corp.'s fiscal third quarte
  
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• Interactive Brokers has upended Wall Street time and again. Its cofounder explains how causing chaos is key to staying competitive in a cut-throat industry. (IBKR)

  14-02-2020 17:14 via feedproxy.google.com
  
  Interactive Brokers, the Greenwich, Connecticut-based brokerage, has led the way during several phases of the industry's fiercely competitive war over price and capabilities that's played out in recent months. 
  Senior leaders from the firm, including chairman Thomas Peterffy, spoke with Business Insider recently about their strategy — and what comes next.
  Their products have been replicated time after time in this cut-throat industry, they're quick to note, and they say they are conce
  
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• Consumer sentiment hits highest level since 2018 despite coronavirus outbreak

  14-02-2020 17:10 via feedproxy.google.com
  American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak.
  The University of Michigan said Friday its key measure of consumer sentiment jumped to 100.9 in early February.
  That was near the peak of the expansion and the highest level since March 2018. Economists expected a reading of 99.5. 
  Visit Business Insider's homepage for more stories.
  American consumers were increasingly optimistic about the economy this month despite a deadly viral o
  
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• China's economy is expected to slow to worst pace since financial crisis as coronavirus spreads

  14-02-2020 16:36 via feedproxy.google.com
  A deadly viral outbreak is dragging on activity in China and throughout the world. 
  That could drag the second-largest economy to its slowest pace of growth since the 2008 global financial crisis, according to a new poll. 
  But economists expect that the economy will recover as soon as the second quarter, propping up full-year growth. 
  Visit Business Insider's homepage for more stories.
  China could expand at the slowest pace since the 2008 global financial crisis this quarter, as a
  
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• Jeremy Grantham, the legendary investor who called the past 2 bubbles, hails venture capital as the best market for the highest returns — and pinpoints where he's buying now

  14-02-2020 16:27 via feedproxy.google.com
  
  Jeremy Grantham, the billionaire cofounder and chief investment strategist of Grantham, Mayo & van Otterloo, has pledged nearly all of his fortune to funding climate-change solutions. 
  At a recent conference, he discussed why he considers venture capital as the ideal investment vehicle to profit from sustainable investing. 
  Grantham famously predicted the tech and housing bubbles. 
  Click here for more BI Prime stories."We expect to be kicking ass." 
  That's the future that
  
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• Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality

  14-02-2020 16:19 via feedproxy.google.com
  Bloomberg once said in 2018 that taking too much money from the rich was a bigger problem than income inequality.
  "I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor," he said at an International Monetary Fund summit.
  The comments underscore the mounting scrutiny Bloomberg faces as he surges in national polls as a moderate alternative in the Democratic primary.
  Visit Business Insider's homepage for more storie
  
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• A Citadel portfolio manager with a medical degree is going it alone and launching his own healthcare-focused hedge fund

  14-02-2020 16:16 via feedproxy.google.com
  
  Citadel portfolio manager Prashanth Jayaram is launching his own fund, named Tri Locum Partners.
  Jayaram is a healthcare specialist, and has a medical degree from the University of Pennsylvania. 
  It is unclear how much he is planning to raise for the new fund. 
  Visit Business Insider's homepage for more stories.Another one of Ken Griffin's portfolio managers is getting ready to set out on his own.
  Prashanth Jayaram, who joined Citadel as a healthcare portfolio manager in 2015, is launc
  
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• 'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering (TSLA)

  14-02-2020 15:55 via feedproxy.google.com
  On Thursday, Tesla announced plans to raise $2 billion in capital through a common stock offering. 
  The announcement came just two weeks after CEO Elon Musk said the company did not need to raise capital on the fourth-quarter earnings call. 
  Here's what four analysts are saying about the common stock offering and what it means for Tesla. 
  Watch Tesla trade live on Markets Insider. 
  Read more on Business Insider. 
  Tesla announced on Thursday plans to raise $2 billion in f
  
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• Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now (TSLA)

  14-02-2020 15:37 via feedproxy.google.com
  Tesla priced its secondary stock offering at $767 a share, a nearly 5% discount on the stock's Thursday closing price.
  The company will raise around $2 billion from the sale.
  The narrow discount on the secondary offering is a sign of strength for the firm, which has been on a naysayer-defying bull run.
  Read more on Business Insider.Tesla will sell 2.65 million shares of common stock for a price tag of $767 a share, the company announced Friday. That's a 4.6% discount on Thursday's closing price.
  
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• Unilever will stop food & drink marketing to children

  14-02-2020 01:00
  
  FMCG giant Unilever has announced that it will stop the marketing and advertising of its products to children by the end of this year, amid concerns about rising global obesity rates.
  
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• Understanding the impact of short-form ads

  14-02-2020 01:00
  
  Shorter form ads can at least match the performance of 15-second commercials on various important metrics for brands, according to a paper published in the Journal of Advertising Research (JAR).
  
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• Spotify seals podcasting deal with the Ringer

  14-02-2020 01:00
  
  Spotify, the Swedish music and audio streaming giant, has extended its reach further into the growing podcast market with its formal acquisition of the Ringer, a US sports and pop culture platform.
  
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• RBS rebrands as NatWest Group in strategic overhaul

  14-02-2020 01:00
  
  Royal Bank of Scotland (RBS) has announced that it plans a major rebrand later this year as it seeks to position itself as purpose-led bank that balances the interests of shareholders with those of wider society.
  
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• Rakuten launches a unified advertising portal

  14-02-2020 01:00
  
  Rakuten, the Japanese e-commerce and media company, is bringing together its huge portfolio of technology and media assets into one portal so that advertisers have one go-to destination to engage consumers.
  
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• Kantar: 10 trends shaping Indian consumer behaviour

  14-02-2020 01:00
  
  Indian consumers are re-prioritising their spending decisions, according to research firm Kantar, which has released ten key trends it expects to impact consumer behaviour in 2020.
  
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• Instagram gains a larger audience than Facebook

  14-02-2020 01:00
  
  Instagram had a larger audience than parent company Facebook among the top 50 brand profiles worldwide in Q4 2019, while total interactions on Instagram were nearly 20 times larger than those on Facebook, new research has revealed.
  
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• Chocolates, cards and flowers for Valentine Brits

  14-02-2020 01:00
  
  Valentine’s Day retains an allure for British consumers who spent £335m on Valentine-related items last year, including £30m on boxed chocolates, £32m on greetings cards and £21m on roses.
  
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