Sales & Marketing news

• 5 ways to drive better results with promotions using Retail Pro

  29-07-2020 23:54 via retailpro.com
  
  Most retailers may actually be wasting money on poorly targeted promotions. Here are 5 ways retailers can use POS data to drive better results with their promotions strategy. Continue reading →
  
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• 5 ways to drive better results with promotions using POS data

  29-07-2020 23:54 via retailpro.com
  
  Most retailers may actually be wasting money on poorly targeted promotions. Here are 5 ways retailers can use POS data to drive better results with their promotions strategy. Continue reading →
  
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• Kodak surges 1,900% in 2 days after securing a $765 million government loan to make drug ingredients

  29-07-2020 17:21 via feedproxy.google.com
  Kodak shares surged as much as 1,900% in two days after the camera company was awarded a $765 million government loan to make drug ingredients in response to the coronavirus pandemic.
  The group said it planned to launch a pharmaceuticals division to make essential drug components in "chronic national shortage."
  President Donald Trump on Tuesday touted the agreement as "one of the most important deals in the history of US pharmaceutical industries."
  Kodak's stock price tripled on Tuesday, then ro
  
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• The Republicans' $1 trillion stimulus proposal isn't nearly enough — here's what economists say it should be to avoid a jobs catastrophe

  29-07-2020 17:18 via feedproxy.google.com
  
  Democrats and the GOP are deeply divided on the amount of spending that's needed for stimulus legislation.
  Republicans are seeking to scale back federal unemployment benefits to $200 a week, a move that could cost millions of jobs, according to one study.
  But many economists say more spending is needed to contain the economic fallout of the pandemic, including on state aid and unemployment insurance.
  Visit Business Insider's homepage for more stories.Republicans rolled out their $1 trillion stim
  
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• Shopify surges 12% after crushing 2nd-quarter revenue expectations (SHOP)

  29-07-2020 16:31 via feedproxy.google.com
  Shopify  reported second-quarter earnings results Wednesday that beat Wall Street's expectations for revenue, which surged 97% on the year as the coronavirus pandemic boosted online sales. 
  Shares of Shopify surged as much as 12% Wednesday. 
  The Canadian e-commerce company has gained roughly 170% year-to-date. 
  Watch Shopify trade live on Markets Insider. 
  Read more on Business Insider. 
  Shares of Shopify surged as much as 12% Wednesday after the company reported se
  
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• Here's how much unemployment benefits would be cut in each state under the GOP plan

  29-07-2020 16:17 via feedproxy.google.com
  
  The GOP unemployment plan will reduce weekly benefits nationwide by 44%, according to a new analysis.
  Weekly unemployment payments would fall to $521 from $921 on average nationwide, a $400 reduction that could be in place for two months under the Republican plan.
  States like Florida that are experiencing spikes in coronavirus infections could see the biggest payment reductions, along with other Southern states.Visit Business Insider's homepage for more stories.The Republican unemployment propos
  
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• Charles Schwab expects to shutter branches when its TD Ameritrade deal goes through. Here's where the 2 brokerage giants have the most overlap.

  29-07-2020 16:01 via feedproxy.google.com
  
  In the largest securities-brokerage deal on record, Charles Schwab is expected to close on its $26 billion acquisition of one-time rival TD Ameritrade during the second half of this year.
  The firms' executives have said they are set to combine branches, though it's not yet clear where the changes will take effect.
  Business Insider has mapped out each firm's US branches to illustrate regions where the two firms' branches overlap. Scroll down for an interactive version of both US branch networks.&
  
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• US stocks rise ahead of Fed meeting, Big Tech testimony

  29-07-2020 15:36 via feedproxy.google.com
  US stocks rose Wednesday ahead of a key Federal Reserve policy meeting and congressional testimony from big tech companies including Facebook and Amazon. 
  Starbucks and AMD shares climbed after earnings releases. Boeing and General Motors shares also ticked up after earnings reports. 
  Later this week, Apple, Amazon, and Alphabet are set to report quarterly earnings. 
  Read more on Business Insider. 
  US stocks rose Wednesday ahead of a key meeting for the Federal
  
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• AMD surges 12% after trouncing quarterly estimates and snagging market share from rivals

  29-07-2020 15:09 via feedproxy.google.com
  Advanced Micro Devices beat second-quarter estimates and forecasted better-than-expected sales when it reported earnings Tuesday afternoon.
  Notebook and server processor sales fueled a quarterly profit of $157 million, CEO Lisa Su said in the report.
  AMD launched 11.6% higher in early Wednesday trading.
  The semiconductor company recently narrowed its gap with Intel after the rival firm announced its next generation of processors would be delayed.
  Watch AMD trade live here.
  Advanced Micro De
  
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• Starbucks jumps 6% after showing signs its recovery from coronavirus lockdowns is picking up (SBUX)

  29-07-2020 14:55 via feedproxy.google.com
  Starbucks reported quarterly earnings Tuesday that missed Wall Street's expectations for earnings per share.  
  CEO Kevin Johnson said on a call with analysts that comparable sales for open stores turned positive in July — a sign that the company's recovery from the coronavirus pandemic lockdowns is picking up.
  Shares jumped as much as 6% in premarket trading Wednesday. 
  Watch Starbucks trade live on Markets Insider. 
  Read more on Business Insider. 
  Shares of Starbu
  
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• Wall Street traders have been minting record profits. But bonus season is already shaping up to be a giant disappointment.

  29-07-2020 14:36 via feedproxy.google.com
  
  Wall street traders, especially those in fixed income, have had a blowout year, with many desks at least doubling last year's performance in the first half of the year.
  But traders expecting a giant pay increase are likely to be disappointed, and bank execs are already managing expectations, according to several industry headhunters.
  In part, that's because banks are hoarding capital to brace against future loan losses and poor performance in struggling business lines. Bonus pools will be smalle
  
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• GM beats Wall Street expectations for Q2 earnings even as coronavirus hits revenue hard (GM)

  29-07-2020 14:11 via feedproxy.google.com
  
  GM lost far less money than Wall Street expected for the coronavirus-devastated second quarter. 
  The carmaker said that vehicle sales in the quarter declined 34% compared with a year ago.
  North American operations achieved a "near breakeven," the company said in a statement.
  Visit Business Insider's homepage for more stories.
  GM reported second-quarter earnings on Wednesday before the markets opened, and the automaker beat Wall Street analysts' expectations by a generous margin.
  The automak
  
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• 3 Wall Street pros managing $12 billion in assets share their strategies for profiting from the economy's recovery — and explain why investors should be aggressively taking risks now

  29-07-2020 14:02 via feedproxy.google.com
  
  SkyBridge Capital Co-investment Chief Troy Gayeski, Advisors Asset Management CIO Scott Colyer, and AdvisorShares CEO Noah Hamman all discussed their strategies in a recent panel talk. 
  The three differ in their specialties, but all agreed that this is a time investors will want to take on more risk because of the Federal Reserve's support for markets and the economy.
  Their views hold even though a resurgence in COVID-19 cases is making the economic recovery and market performance look shak
  
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• Gold could explode up to 80% to $3,500 in the next 2 years, a veteran investor says

  29-07-2020 11:30 via feedproxy.google.com
  Investor Barry Dawes of Martin Place Securities said that he expects gold prices to rise to $3,500 in the next 2 years. 
  "What is really significant is how quickly it went through that $1,923 which was the previous high," he said on CNBC.
  Gold hit its highest ever level this week on a weakening dollar and rising tensions between US and China. 
  This week, Goldman Sachs also upgraded its 12-year forecast for gold to $2,300 up from $2,000 per ounce. 
  Visit Business Insider's homepage
  
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• Barclays profits plunge 66% for the first half of 2020 as it sets aside $4.7 billion to brace for pandemic pain

  29-07-2020 10:42 via feedproxy.google.com
  Barclays reported a 66% plunge in profits for the first six months of the year, hurt by declining business in its UK group.
  Profits attributable to shareholders dropped to $899 million in the first half, down from $2.6 billion last year.
  The British bank set aside £3.7 billion ($4.7 billion) in anticipation of bad loans related to the crisis period, with a £1.6 billion ($2 billion) charge in the second quarter alone.
  However, Barclays trading division performed relatively better as i
  
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• Deutsche Bank slashes its 2nd-quarter losses as investment-banking revenues surge 46%

  29-07-2020 10:27 via feedproxy.google.com
  Deutsche Bank grew its revenues and cut its losses in the second quarter, but its net interest income didn't meet Wall Street's expectations.
  Net revenues rose in the corporate and investment banking divisions, but fell in the private banking segment and asset management divisions.
  Deutsche Bank also boosted its provision for credit losses by 50% to 761 million euros in the three-month period in response to the coronavirus pandemic.
  "We continued to execute on our strategy and made further tangi
  
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• Amazon said it would spend all $4 billion of its Q2 profits on COVID-19 responses. Wall Street still expects a profitable quarter. (AMZN)

  29-07-2020 01:52 via feedproxy.google.com
  
  Amazon reports its second-quarter earnings on Thursday.
  Wall Street expects Amazon to report a profitable quarter, even though the company warned it would spend all of the $4 billion in expected operating profit in COVID-19-related initiatives.
  The bullish forecast is backed by strong sales growth and the continued expansion of Amazon's high-margin businesses, like its cloud and advertising segments.
  Visit Business Insider's homepage for more stories.In April, Amazon said it planned to spend all
  
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• WeChat cuts off service in India as 47 more Chinese apps join ban list

  29-07-2020 01:18
  
  Tencent-owned WeChat has officially ceased operations in India, in compliance with a ban issued by the government last month.
  
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• WARC Media Awards 2020: Partnerships and Sponsorships jury announced

  29-07-2020 01:18
  
  Senior executives from Tesco, TikTok and Facebook, as well as global agency leaders in partnerships and strategic roles from Droga5, Kantar and PHD, will be joining the judging panel for the Effective Use of Partnerships and Sponsorships category...
  
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• Swiggy battles food delivery slump

  29-07-2020 01:18
  
  Online food delivery in India has only recovered to half its pre-lockdown peak, according to Swiggy, which this week announced it is having to lay off more staff despite its sophisticated customer engagement strategy.
  
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• Singapore shoppers drive growth of app-economy

  29-07-2020 01:18
  
  Apps are now indispensable for users to shop, connect with their loved ones and entertain themselves, thanks to the ongoing COVID-19 pandemic, according to new research from Criteo.
  
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• Mobile spend remains fastest growing channel despite COVID-19 crisis

  29-07-2020 01:18
  
  COVID’s impact is being felt across all media channels, but mobile has remained the fastest grower at a time when the channel is being used more than ever, with nearly all marketers (94%) surveyed in a new report considering mobile ads...
  
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• How consumers are responding to brands' anti-racism stance

  29-07-2020 01:18
  
  Forty percent of US consumers are more likely to consider doing business with a company that takes a stand against racial injustice, according to a poll by Kantar, the research firm.
  
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• Amazon shakes up UK grocery delivery

  29-07-2020 01:18
  
  British shoppers struggling to get a grocery delivery slot for their online shop may soon have a new option as Amazon expands the coverage of its Amazon Fresh service.
  
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• Ads spread to console gaming

  29-07-2020 01:18
  
  As a space for high-reach, high fame advertising, TV is facing some new media contenders as advertisers begin testing ads in console games that borrow from their mobile gaming cousins in their optionality and rewards basis.
  
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• Apple's iPhone 12 is in a battle with the coronavirus. On Thursday, Apple will give a big clue about who won. (AAPL)

  29-07-2020 01:16 via feedproxy.google.com
  
  Apple will report its fiscal third-quarter earnings on Thursday, many analysts are already fixated on the company's next major iPhone launch expected for the fall.
  That launch will serve as a better indicator of the company's long-term performance and value rather than recent quarterly financials given the economic impact and uncertainty caused by the coronavirus pandemic.
  As has been the case in recent quarters, some analysts see Apple's services business as being a potential bright spot in its
  
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