|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||60.11 - 60.82|
|52 Week Range||52.08 - 62.41|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||23.81|
|Forward Dividend & Yield||1.86 (3.04%)|
|1y Target Est||70.00|
In the news release, Capricorn Business Acquisitions Announces Letter of Intent with Tikun Olam Skincare, issued 15-Jul-2019 by Capricorn Business Acquisitions Inc. over CNW, we are advised by the company that the biographical information for Gerald Goldberg has been amended. TORONTO , July 15, 2019 /CNW/ - Capricorn Business Acquisitions Inc. (CAK-H.V) ("Capricorn" or the "Company"), a capital pool company, is pleased to announce that it has entered into a letter of intent dated July 1, 2019 ("LOI") with Delaware -based Tikkun Pharma, Inc., d/b/a Tikun Olam Skincare ("TO Skincare") that outlines the general terms and conditions pursuant to which Capricorn and TO Skincare would be willing to complete a transaction that will result in a reverse take-over of Capricorn by the shareholders of TO Skincare, and which is intended to constitute the "Qualifying Transaction" of Capricorn (the "Qualifying Transaction") pursuant to the policies of the TSX Venture Exchange (the "Exchange").
TORONTO , July 15, 2019 /CNW/ - Capricorn Business Acquisitions Inc. (CAK-H.V) ("Capricorn" or the "Company"), a capital pool company, is pleased to announce that it has entered into a letter of intent dated July 1, 2019 ("LOI") with Delaware -based Tikkun Pharma, Inc., d/b/a Tikun Olam Skincare ("TO Skincare") that outlines the general terms and conditions pursuant to which Capricorn and TO Skincare would be willing to complete a transaction that will result in a reverse take-over of Capricorn by the shareholders of TO Skincare, and which is intended to constitute the "Qualifying Transaction" of Capricorn (the "Qualifying Transaction") pursuant to the policies of the TSX Venture Exchange (the "Exchange").
Unilever (NYSE: UN) USA had a problem at its distribution center in Newville, Pennsylvania. Working with the Canadian-based carrier Kriska, Unilever piloted a program called Safe Haven to allow drivers to park at the distribution center. "Unilever was motivated to allow parking onsite in order to become a ‘shipper of choice' for drivers," a 2018 report from the DOT Parking Capacity Working Group noted.
Most income seekers and retirees have a sort of set playbook when it comes to dividend stocks. They either buy an exchange-traded fund that's heavy in dividend stocks like the iShares Core Dividend Growth ETF (NYSEARCA:DGRO) or they stick to a few well-known dividend stocks like Johnson & Johnson (NYSE:JNJ). And there's nothing wrong with that approach. You certainly can get plenty of income and total return potential from going this route. But income seekers may want to move outside their comfort zone.Specifically, I'm talking about dividend investments that are outside of the U.S.The truth is, some of the best dividend stocks can be found outside the United States. The world is filled with a variety of strong multinational and international leaders. Even better is that valuations for many global stocks are lower than the U.S., while dividend yields are higher.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe yield on the internationally focused MSCI EAFE Index is about double that of the S&P 500. That should be music to an income seeker or retirees' ears. * 10 Stocks That Should Be Every Young Investor's First Choice In the end, going global can result in some wonderful dividends stocks. With that, here are five international dividend stocks to buy today. Unilever (UL, UN)Dividend Yield: 2.96%Suave soap, Ben & Jerry's Ice Cream, Q-tips … these are all brands most people are familiar with. In fact, you probably use some of these brands yourself. That goes to show just how powerful and big Unilever (NYSE:UL, NYSE:UN) is. The firm is a consumer products powerhouse and features 400 different brands and sales in more than 190 different countries.This portfolio of brands continues to pay some big results for UL and its bottom line. Sales continue to rise, jumping 3.1% during the first half of the year. That's not bad for a firm the size of Unilever. The firm has more than 10 brands that generate more than $1 billion in annual sales. So, this is a big ship. Moreover, emerging markets make up a ton of those sales. Here, UL continues to see plenty of growth and high single-digit sale boosts.The future looks rosy for Unilever as well. The firm has announced that it's doing away with its Anglo-Dutch dual share listing and moving to a single share structure. This will reduce costs. Moreover, the firm has undergone some strategic reviews and it has pruned itself of underperforming brands to improve margins and profits.All of this will translate into continued dividend strength. Since moving to a quarterly payout back in 2010, UL has managed to boost its payout by around 90%. This is a testament to its huge portfolio of brands and continued rising sales.Today, Unilever yields nearly 3% making it a top dividend stock to buy. Royal Bank of Canada (RY)Dividend Yield: 3.8%One of the most under-owned nations on the planet happens to be our neighbors to the North. For some reason, Canada isn't included in many international indexes. That's a real shame as the country features plenty of leading dividend stocks and multinational giants.This includes banking giant, the Royal Bank of Canada (NYSE:RY).Historically, Canada's banks have been more conservatively run than U.S. ones. This has been the case for RY for decades. The firm's continued focus on risk management has allowed it to skate through various financial downturns relatively unscathed. Both the Great Recession and the recent Oil Bust didn't affect the bank's bottom line or financial position. This fact has allowed RBC to pay dividends for more than 100 years and keep its payout steady during both crises.But RY isn't a stodgy, old fuddy-duddy. In fact, Canada's banks were some of the first to embrace consumer technology, mobile banking, apps and A.I. Partnerships with tech for its small businesses, enterprise and wealth management divisions have directly boosted retention and overall usage, with digital payments at the bank are surging. All of these digital initiatives have paid off in a big way -- with RY now realizing more than $15 billion in annual revenues. The best part is that RBC now expects to pull in three times the number of new clients as a result of these moves. That'll only grow its base even more. * 10 Stocks to Buy for A Summer Rally For dividend seekers, RY blends the best of both stable revenues with a huge upshot to its growth. With a near-4% yield, it could be one of the best dividend stocks to buy today. GlaxoSmithKline plc (GSK) Dividend Yield: 5.14%When it comes to dividend stocks, Big Pharma offers some of the biggest yields. And the U.K.'s GlaxoSmithKline plc (NYSE:GSK) offers a juicy 5.14% payout. GSK features a robust portfolio of consumer healthcare products with brands such as Aquafresh, Nicorette and Theraflu under its umbrella. However, the firm is also a prescription drug powerhouse with several blockbusters under its belt. Likewise, it has a huge vaccine business that it contains to generate steady revenues.All of this has made GSK a big-time dividend player throughout its history. As a U.K. company, GSK sends out a percentage of profits twice a year, so the amount varies. But it has been steady and consistent.But dividend and growth seekers have a lot to like about GlaxoSmithKline. That's because GSK is currently merging its consumer health division with Pfizer's (NYSE:PFE). This separate company will feature a massive portfolio of brands and produce plenty of stable cash flows. Meanwhile, the remaining biopharma company will feature a robust pipeline of new cancer fighters and other drugs. Investors will be able to get the best of both worlds -- growth and income -- from GSK.Buying GSK today, investors get a seat at the table and the ability to score a high yield. BP PLC (BP)Dividend Yield: 5.85%For a long time, BP (NYSE:BP) was the whipping boy of the energy patch. The Deepwater Horizon spill was horrific and cost billions upon billions of dollars in legal fees, damages and fines. Because of that, BP was pretty much dead for years. But lately, the energy giant has returned to its former glory days … at least in terms of dividends and growth.Thanks to the costs related to the spill, BP was forced to become "lean and mean." That meant selling underperforming and non-core assets, spinning out its logistics infrastructure and reducing its overall debt load. All of this has made the firm a much better run energy stock than before. The results of this made themselves known last summer, when BP actually started to pull in some serious cash flows, Now, BP's operating cash flows currently cover its CAPEX spending and dividend payments when oil is around $50 per barrel.However, with continued technology improvements, BP estimates it should reduce its breakeven price to about $35 per barrel by 2021. With new major finds in the Gulf of Mexico, an increase in onshore shale drilling and other moves, BP is back on the prowl. Since suspending its dividend during the spill, BP has been able to increase its payout by 47% and completely end its so-called script dividend program, which paid investors shares rather than cash. * 7 Marijuana Stocks With Critical Levels to Watch With a near-6% yield, BP makes a strong contender for investors looking for international dividend stocks. iShares International Dividend Growth ETF (IGRO)Dividend Yield: 2.87%Perhaps the best way to get a dose of international dividends is to own them all. We mentioned the popular DGRO ETF in the opening slide. That fund also has an international sister -- the iShares International Dividend Growth ETF (NYSEARCA:IGRO).Similar to DGRO, IGRO tracks a basket of international dividend stocks. The key for the ETF is that it's not just about the payout, but the ability to grow that payout over time. The ETF's index screens for stocks that have been increasing dividends for at least five years straight. A second screen is used to ensure that firms aren't overreaching their ability to pay. Stocks with payout ratios of above 75% are removed. This leaves you with a basket of 408 different dividend stocks. There is some emerging market exposure, but developed markets garner the bulk of assets.Top holdings include pharma giant Sanofi (NYSE:SNY), consumer products superstar Nestle and tech firm Samsung.In terms of performance, IGRO hasn't been bad. The ETF is relatively new -- only opening shop in mid-2016. Since then, it has managed to produce a near-7% return annually. That's not too shabby. Moreover, IGRO yields a very healthy 2.87%. And as a member of iShares core group of funds, expenses for the ETF run at a dirt cheap 0.22%.All in all, when it comes to getting broad exposure to international dividend stocks, IGRO could be one of the best and cheapest ways.At the time of writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 5 Dividend Stocks to Buy From Across the Globe appeared first on InvestorPlace.
Veteran investors usually have a pretty good feel for selecting their holdings, having learned from both good and bad experiences. In most cases, they're just maintaining an existing portfolio, picking one stock at a time to replace another that's no longer a worthy holding. It's a journey, and can be taken slowly.Brand new investors, however, face a tougher task. Building a portfolio from scratch is not only daunting, but plain difficult. Between finding enough good names to fill out a fully diversified collection of stocks, determining the best time to step in and then learning to sleep when taking on a new kind of risk, it can be an overwhelming matter.But, it doesn't have to be.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Top 10 Best Sectors in the Market for 2019 Here's a list of ten stocks to buy, hand-picked for their simplicity, but without the sacrifice of real opportunity. There's palatable risk paired with respectable reward, and each name is easy to judge going forward. In no particular order … Walmart (WMT)Source: Shutterstock Walmart (NYSE:WMT) may not be the world's very best-run retailer. But, being the biggest certainly helps offset some of the disadvantages of size. It can negotiate the best prices for inventory it sells, and its scale allows it to offer the best prices to its customers. That sheer scale gives it a serious edge on any of its brick-and-mortar competitors.It's even made a dent is the unchecked dominance Amazon.com (NASDAQ:AMZN) has historically enjoyed on the e-commerce front. Last quarter's online sales for Walmart were up 37% year-over-year, sustaining a long streak of strong double-digit growth.Unlike high-tech companies, there's no wait-time for product development, and no intellectual property or patent nuances. It sells stuff, and how well it's selling stuff is made clear every quarter with an all-important same-store sales figure. Last quarter's same-store sales growth of 3.4% was the best first-quarter sales growth in several years. Bank of America (BAC)Source: Shutterstock Big banks like Bank of America (NYSE:BAC) are generally more subject to economic cycles than smaller banks are. And, they're also more sensitive to interest rate changes than smaller rivals… for better or worse.The upside to size is still better than the downside though. For the same reason Walmart is one of the best stocks to buy for a new portfolio, BAC stock is ideal exposure to the banking sector because it's arguably the best-run among the majors. * 7 Restaurant Stocks to Put on Your Plate Better yet, it's generously sharing the wealth created by that work. After passing this year's so-called 'stress test' with flying colors, the Federal Reserve approved the bank's request to give $37 billion back to shareholders within the next year through dividends and stock buybacks. For perspective, Bank of America sports a market cap of $279 billion. Unilever (UN)Source: Sean Biehle via FlickrUnilever (NYSE:UN) isn't exactly a household name for most U.S. investors… for a couple of reasons. One of them is the fact that it promotes its products' brand names rather than the corporate moniker. The other is, it's not based in the United States, nor is North America its primary target market.UK-based Unilever is the parent of products like Breyers ice cream, Lipton tea, Noxzema facial products and dozens more you've never heard of because they're only offered overseas.Not only is Unilever a highly diversified play just because of the sheer number of products, it's geographically diversified too. Every day, 2.5 billion people use a Unilever product. Danaher (DHR)Source: Shutterstock As far as industrial names go, Danaher (NYSE:DHR) doesn't spend much time in the spotlight. This is a case, however, where boring can be beautiful. What the company lacks in pizzazz it more than makes up for in consistency.Danaher is the parent company of roughly a couple dozen businesses. Some of them you've heard of, like Pantone, Backman Coulter and Alltech. Most of them are likely unfamiliar though… names like Ormco, Leica Biosystems and Phenomenex. * 7 Restaurant Stocks to Put on Your Plate It seems like a lot to manage, and it is. Danaher manages it all quite well though, turning that extreme diversity into the foundation for a respectably consistent revenue and earnings growth machine. Chevron (CVX)Source: swong95765 via Flickr (Modified)Following the 2014/2015 debacle the energy sector went through, it would be easy to be soured on all oil and gas stocks forever. But, here's a little secret… though that meltdown was extreme, it actually wasn't unusual or surprising. Energy stocks fell into the same trap in 2008, in the late 90s and in the late 80s. Cyclical overproduction is sadly the norm.The biggest and best names in the business tend to survive.Chevron (NYSE:CVX) is one of the biggest and best names in the business, and arguably the one to own if there's only room for one in a portfolio.Indeed, relatively new CEO Mike Wirth has already made it clear he's keeping the bigger picture in mind. In a recent interview he explained "Good times won't last forever, so you can't change your cost structure, or make unwise investment choices."If he can make that kind of sound thinking the new norm for everyone at the company, Chevron will be more than built to last. Duke Energy (DUK)Source: Shutterstock No list of good stocks to buy is complete without a utility name. Duke Energy (NYSE:DUK) is the one that made the cut.Duke Energy delivers electricity to 7.7 million customers spread across six different states, mostly in the south. It also services 1.6 million natural gas customers. And, with a market cap of $64 billion, it's one of the biggest players in the utility business.Translation: It's not going anywhere. While its revenue may ebb and flow from time to time, its future is secure. * 7 One-Stock Portfolios for Passive Investors Sure, it's not a high-growth business, but with such a strong dividend profile, it doesn't have to be. The current yield of 4.22% makes for a nice bit of cash flow that most other investments can't quite rival. Microsoft (MSFT)Source: Shutterstock There was a point in time not too long ago with Microsoft (NASDAQ:MSFT) was on the verge of becoming a has-been. Although operating system and productivity software made it an icon, cheaper and even free alternatives have since become readily available.CEO Satya Nadella saw the writing on the wall though, and adjusted accordingly. Not only did he shift the business model to one that monetizes customers 'on the back end' rather than collect money up-front from one-time sales of software, he made a point of making the company a monolith of the cloud-computing market. Its Azure platform, which helps customers manage their own cloud, saw 73% revenue growth last quarter, extending an incredible pace of progress.Perhaps even better, the recurring revenue nature of the business model has made sales and earnings growth surprisingly consistent for the behemoth. McDonald's (MCD)Source: Shutterstock For years McDonald's (NYSE:MCD) has supposedly been on its last leg, with observers claiming an aging shtick, an unhealthy menu and growing competition would up-end the world's largest restaurant chain. McDonald's keeps on chugging though, finding not just a way to survive, but thrive. As it turns out, low-cost food sold in a familiar environment is perpetually marketable.One nuance to note… the company has become almost entirely focused on franchising restaurants rather than owning them outright, because franchising revenue is higher-margin revenue. Running and owning stores is the bigger challenge. More and more franchisees are pushing back, complaining of costs they have no choice but to incur. * 5 IPO Stocks to Buy -- According to Wall Street Analysts It's not become an existential problem yet, and likely won't. But, it's the one thing new investors may want to keep an eye on. Paypal Holdings (PYPL)Source: Shutterstock On a fintech landscape that includes Square (NYSE:SQ), Bitcoin and similar work being done by Visa (NYSE:V) just to name a few, it would be easy to view Paypal Holdings (NASDAQ:PYPL) as a relic that has no place in the future of money. Don't let its age fool you though. The oldest player in the digital payments space is not only the biggest, but remains one of the best because of its reach.That said, also know that Paypal has its finger on the pulse of all the changes. The fact that it's developed its own credit card readers and cash register systems that also manage inventory along with customer relationships makes it clear that simply being a middleman isn't enough.In other words, Paypal is more than ready for the cashless and payments revolution that's quickly becoming inevitable. The first quarter's revenue growth of 12% underscores that reality. Johnson & Johnson (JNJ)Source: Shutterstock Finally, add Johnson & Johnson (NYSE:JNJ) to your list of stocks to buy for first-timers just starting to fill up a portfolio.It's admittedly not an earth-shattering growth opportunity. Though it offers prescription pharmaceuticals like blockbuster drugs Stelara and Remicade, pharma accounts for only about half of J&J's business, and it's not exactly a groundbreaking drug developer. The other half of the company's business is basics like band-aids and baby shampoo, and surgical devices. It's solid, but not the stuff of double-digit top-line progress. * 5 Cheap ETFs That Aren't Actually a Good Value The tradeoff is worth it though. Johnson & Johnson offers safety in numbers. The current dividend yield of 2.73% isn't too shabby either, especially considering the company hasn't failed to raise it in any years since 2000.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks to Buy and Hold Forever * 10 Small-Cap Stocks That Look Like Bargains * 10 Names That Are Screaming Stocks to Buy The post 10 Stocks That Should Be Every Young Investor's First Choice appeared first on InvestorPlace.
Insider Monkey tracks hedge funds, billionaires, and prominent value investors for a very simple reason: their consensus picks generally outperform the market. We aren’t the only research shop broadcasting this fact using a bullhorn. Here is what strategist Ben Snider said in Goldman Sachs’ periodic hedge fund report: “Despite the strong track record of popular […]
If you want to know who really controls Unilever N.V. (AMS:UNA), then you'll have to look at the makeup of its share...
The plant manufactures ice cream and frozen novelties for brands including Ben and Jerry's, Breyers, Magnum, Popsicle, Good Humor and Klondike, said Catherine Reynolds, a Unilever spokeswoman. Unilever, which also makes household goods ranging from Dove soaps to Knorr packet soups, said the Henderson facility's production would cease at the end of August.
(Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.Singapore’s Trax is acquiring Shopkick, adding the U.S. rewards app to its growing stable of retail technology.Redwood City, California-based Shopkick lets shoppers earn rewards and gift cards by browsing online offers, watching videos, walking into stores or scanning product barcodes on shelves. Trax didn’t disclose how much it’s paying but seller SK Telecom Co. acquired the Californian outfit for $200 million in 2014, the Wall Street Journal has reported.Shopkick’s programs help provide data and insights into customer behavior and loyalty for clients from EBay Inc. and General Electric Co. to Lego and Unilever. “Bringing together shelf and shopper data will deliver new and powerful insights to consumer-packaged-goods brands and retailers,” Trax Chief Executive Officer Joel Bar-El said in a statement.The transaction comes as Trax finalizes a deal to raise $100 million at a pre-money valuation of about $1.1 billion. The round was aimed at financing acquisitions, including of LenzTech Co., a Beijing computer vision startup it recently purchased. Trax is also in advanced talks to buy a European competitor, Bar-El has said.Shopkick, which employs about 150 people in California, will operate as an independent unit of Trax.The Singapore startup plans an initial public offering in 18 to 24 months and it’s in talks with Singapore Exchange Ltd. for a potential dual listing after the local bourse approached the company, the CEO said in an interview last month.Bar-El and partner Dror Feldheim co-founded Trax in Singapore in 2010. The firm works with retailers and brands in more than 50 countries and counts New York-based private equity firm Warburg Pincus, Chinese private equity firm Boyu Capital and Singapore’s sovereign wealth fund GIC Pte among its shareholders.Read more: Singapore Startup Trax Raising Funds at $1.1 Billion Value (1)(Updates with acquisition details from the fifth paragraph.)To contact the reporter on this story: Yoolim Lee in Singapore at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Ben & Jerry’s recently made an exciting announcement when the Unilever NV (NYSE:UN)-owned brand said it was considering launching a CBD-infused ice cream. To help you, we've compiled a list of 10 cannabis products that you should check out this summer. 1.
(Bloomberg) -- The advertising industry’s annual gathering on the French Riviera has become a recurring cycle of contrition from technology giants and admonishment from the Mad Men. In 2017, it was YouTube apologizing for ads appearing next to jihadist terror videos. In 2018 came Facebook Inc.’s mea culpa for a data privacy scandal. This year, Facebook regretted live-streaming a mass shooting in New Zealand and YouTube battles the spread of hate speech.All the while, the marketing money continues to flow. Facebook and Google’s advertising sales grew 38% and 22%, respectively, in 2018, and both dominated the beach front in Cannes again this year with showy largess. Google served up grape smoothies, gingerbread ice cream and live tunes from synth-pop duo Pet Shop Boys and electro outfit Justice. Facebook held panels with Grammy-winning singer-songwriter John Legend and style icon Jenna Lyons, while Chief Operating Officer Sheryl Sandberg hosted some of the biggest advertisers by the shore.But the recurring scandals hitting the tech giants have created a dilemma for chief marketing officers. Do they take a principled stand and move their ad dollars elsewhere, sticking to more traditional media like TV and newspapers but missing out on the global reach and hyper-specific targeting of consumers that the platforms afford? Or do they accept the risk of being drawn into future hate speech and toxic content controversies, if it means they can keep growing sales? The consensus in Cannes this year from advertisers: let’s ride it out.“Every once in a while there’s going to be a screw-up and unfortunately the screw-ups are pretty big,’’ said Michael Roth, chairman and chief executive officer of the Interpublic Group of Cos., the world’s fourth-largest advertising company by revenue. “The thing is, it still works.”Unlike the past, when adverts were confined to spaces curated by professionals, such as TV commercial breaks, radio programs or billboards, chief marketing officers are opting to get comfortable with the daily risks of placing their products alongside non-vetted, user-generated content.In Cannes, Facebook and Google both stressed their latest efforts to keep their platforms safe, from investing in machine learning that spots offending material before it’s uploaded to hiring more humans to oversee posts. But each conceded they’ll never keep all the objectionable material at bay. Sandberg said Facebook had a ‘Herculean’ task on its hands and that generally, all technologies can be used for both bad and good.“Bad actors are smart and find ways to circumvent our policies and brush right against where the new line has been drawn,’’ said Cecile Frot-Coutaz, YouTube’s head of Europe, Middle East and Africa. “It’s that delicate balance of keeping the openness but protecting our users and advertisers.”YouTube’s latest controversy is how it keeps its service safe for children, after predators were found to be leaving pedophile comments on videos featuring kids. YouTube has previously come under fire for allowing fake or misleading content to flourish on its platform, and not removing videos with homophobic and racist remarks.Pressure isn’t just building from marketers, but also from other platforms touting their wares in Cannes to lure spending. Amazon.com Inc. hosted meetings in a top-floor suite at the five-star Carlton hotel with spectacular views over the Mediterranean, showing brands how they can advertise in Amazon search results and grow sales through its Alexa smart speaker. Snap Inc. entertained guests in a contemporary art museum, handing out rainbow-colored flip-flops. Music streamer Spotify Technology SA and Walt Disney Co.’s Hulu brought in Grammy-nominee Ciara for a VIP party at a hillside villa.Advertisers’ latest initiative to tackle the issue of safety online is a so-called ‘Global Alliance for Responsible Media’ that includes brands, ad agencies and platforms. Yet pushed at the partnership’s launch on specific measures they’d like to see, marketers from consumer-goods giant Unilever, confectionery manufacturer Mars Inc. and drinks-maker Diageo Plc weren’t forthcoming.Yannick Bollore, CEO of ad giant Havas, called it “unthinkable” not to advertise on social platforms, because that’s where consumers spend most of their time.“But we need to guarantee to our clients that we can find a positive environment,” he said in an interview in Cannes.His counterpart at WPP, Mark Read, went furthest in publicly suggesting changes that might be needed, mooting moderation of content in certain categories or limiting what can be posted from new accounts.“We need to think about the design of the platforms,” Read said, whose London-based advertising group spends billions of dollars of client money with Facebook and Google. “Clearly they haven’t done enough.”Marketers are making investment decisions at a time when the average tenure of a chief marketing officer, or CMO, is a mere 43 months, or less than half of that of a CEO, according to research by headhunters Spencer Stuart. Their short shelf-life shows the scrutiny they’re under from their boards, said Michael Kassan, founder of MediaLink, which advises the world’s most influential marketers and media companies.“The easiest way to talk is with your cheque book,” Kassan said. “But the pressure on a CMO to deliver results is intense.”And even if marketers wanted to force change through financial pressure, it’s not clear it would work. The tech giants have built a base of millions of small- and medium-sized businesses that advertise using their tools, which limits the leverage of any particular brand, said Pedro Earp, chief marketing officer of beer-maker Anheuser-Busch InBev NV.“Some of these issues are complicated and aren’t solvable like that,” Earp said, who sits on Facebook’s client council which consults on how to improve the platform for advertisers. “It’s been a constructive dialog.”But so long as Facebook and Google continue to offer marketers an unparalleled ability to reach consumers and ease of use, they’ll keep dominating the industry, said Wenda Harris Millard, vice president at MediaLink and based in London.“For advertisers it’s kind of like, ‘Do I press the F button or the G button?”’ she said. “It’s hard to stop all this.”To contact the reporters on this story: Joe Mayes in London at email@example.com;Angelina Rascouet in Paris at firstname.lastname@example.orgTo contact the editors responsible for this story: Rebecca Penty at email@example.com, Benedikt KammelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Estee Lauder (EL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
Procter & Gamble (PG) emphasizes on improving its product portfolio through strategic initiatives. Also, the company is on track with its cost-saving plans.
Church & Dwight's (CHD) top line has been impressive for a while, gaining from strong Consumer International unit, buyouts and innovation.
The Culver City, California, company will use the money to grow its flagship product, Enterprise Creator Cloud.
"The combination of quite a big population, strong GDP growth and rapid consumption in the categories we sell means that countries like Vietnam, Pakistan, Bangladesh, Myanmar and even Ethiopia will be our growth stars over the next few years," Jope told the Deutsche Bank Global Consumer conference in Paris. "These are going to be very important for the future and we are investing heavily," he said.
How far off is Unilever N.V. (AMS:UNA) from its intrinsic value? Using the most recent financial data, we'll take a...
Dependable dividend stocks that routinely grow their payouts are welcome in any environment. But they seem especially attractive nowadays.Stock market volatility is back with a vengeance. The Dow Jones Industrial Average went from powering ahead to an all-time high of 26,828 on Oct. 3 to losing 8% in the span of about three weeks. These kinds of rocky markets tend to give investors motion sickness. But they can add a dose of Dramamine to their portfolios - in the form of reliable dividend-growth stocks."Dividend growers, which tend to be quality companies, have generally shown greater resilience in unsteady markets and could address concerns about dividend stocks in a rising-rate environment," write Tianyin Cheng, director of strategy and ESG Indices at S&P; Dow Jones Indices; and Vinit Srivastava, head of strategy and ESG indices at S&P; Dow Jones Indices. "This argument applies to not only to the U.S. large-cap space, but it also extends to small- and mid-cap segments and international markets."Dividend stocks - both at home and abroad - with long track records of rock-solid rising payments tend to generate superior returns over long periods of time and can help investors weather shorter periods of market turbulence.This is a look at the most reliable long-term dividend stocks in the world. Dubbed the "Dividend Aristocrats," they have raised dividends for at least five straight years (Canadian firms), 10 years (E.U.-based firms) or 25 years (U.S. companies). Such stocks provide reliable and rising income streams - and a sense of security that will help you sleep better at night. We've listed them here alphabetically; take a look. SEE ALSO: 25 Stocks Every Retiree Should Own