SPANX CEO out after building the mega-brand; Former Coke exec Laurie Ann Goldman was the powerful brand builder behind SPANX founder Sara Blakely’s billion-dollar success.

SPANX CEO out after building the mega-brand

By Colleen Leahey, Reporter February 11, 2014: 12:27 PM ET

Former Coke exec Laurie Ann Goldman was the powerful brand builder behind SPANX founder Sara Blakely’s billion-dollar success.

image001-7

FORTUNE — SPANX announced yesterday that the CEO Laurie Ann Goldman would be leaving the Atlanta-based company. Despite the surprising management change, Goldman’s success with the brand is undeniable. Read more of this post

The GMAT: An exam with greater profit margins than Apple; Sixty years since its birth, the spectacular growth of the admissions exam mirrors the rise in popularity of the MBA degree, arguably the most successful educational product of the post-war

The GMAT: An exam with greater profit margins than Apple

February 11, 2014: 1:51 PM ET

Sixty years since its birth, the spectacular growth of the admissions exam mirrors the rise in popularity of the MBA degree, arguably the most successful educational product of the post-war period. Read more of this post

Why India’s emerging market is in trouble

Why India’s emerging market is in trouble

February 11, 2014: 1:01 PM ET

The nation’s central bank recently blamed the U.S. Federal Reserve for its economic problems, but India’s challenges run deeper than monetary policy.

By Sanjay Sanghoee

FORTUNE — In the wake of a global stock market selloff driven by worries over slower growth in emerging markets, the head of India’s central bank, Raghuram Rajan, criticized the U.S. Federal Reserve as it pressed on with plans to dial back its monthly bond purchases: “International monetary cooperation has broken down,” said Rajan, who added that “the U.S. should worry about the effects of its polices on the rest of the world.” Read more of this post

Wayne LAU Run-wei Trends – (Spore) – Raising the alarm on suspicious trading in Singapore; Australia formalised a Suspicious Activity Reporting law that broadly follows the rules described earlier but is more detai

Raising the alarm on suspicious trading

Business Times

12 Feb 2014

R. Sivanithy

IT’S probably not that widely known, but stockbrokers and trading representatives (TRs) are obliged under current Singapore Exchange (SGX) rules not only to refrain from indulging in suspicious trades but also to report such trades to the authorities. Given that there have often been calls for regulators to do more to stamp out market manipulation and rigging, it is necessary to remind the broking community of this duty. Read more of this post

Family Foundations Let Affluent Leave a Legacy

Family Foundations Let Affluent Leave a Legacy

By KERRY HANNONFEB. 10, 2014

STEPHANIE Cordes, a graduate of the University of California, Santa Barbara, has a present from her father, Ron, that she treasures. It’s a handmade pink scrapbook, titled, “5 Life Lessons From Dad.”

Inside are whimsical photos of her with friends and family alongside typed pages containing his simple guidance. The chapters are: “Seek your passion.” “Do your best.” “Good enough is never good enough.” “No excuses.” “Make a difference.” “Go for it.” Read more of this post

What WeChat needs to learn from Facebook

What WeChat needs to learn from Facebook

February 12, 2014

by Paul Bischoff

WeChat is doing things in China no other app in the world is doing right now. It manages to innovate with every update, having added social feeds, games, voice-to-text, and mobile payments since its launch back in 2012. Commendably, WeChat is staying on the cutting edge, transforming the way China communicates for the better. Read more of this post

Dengue Deaths Soar in Malaysia

Dengue Deaths Soar in Malaysia

By Agence France-Presse on 6:14 pm February 11, 2014.
Deaths from dengue fever have nearly tripled in Malaysia this year compared to the same period in 2013, sparking a stepped-up campaign to control the mosquitoes that spread the virus.

As of this week, 22 people had died from dengue in 2014, compared to eight deaths over the same stretch last year, Health Minister S. Subramaniam told AFP on Tuesday. Read more of this post

Unpaid Rice Farmers Protest as Thai Government’s Problems Mount

Unpaid Rice Farmers Protest as Thai Government’s Problems Mount

By Aukkarapon Niyomyat & Amy Sawitta Lefevre on 3:40 pm February 10, 2014.
Bangkok. Hundreds of farmers rallied outside Thailand’s justice ministry on Monday to protest against the state’s failure to pay them for rice bought under a controversial subsidy scheme that the caretaker administration in Bangkok is struggling to fund. Read more of this post

This $10 Billion Company You’ve Never Heard Of Is The Reason Your Internet Is Fast

This $10 Billion Company You’ve Never Heard Of Is The Reason Your Internet Is Fast

KYLE RUSSELL ENTERPRISE  FEB. 13, 2014, 7:36 AM

If you’ve been watching the Olympics online, you’ve got one company to thank for the quality of your stream.

It isn’t NBC or your cable provider. It’s a company based out of Massachusetts with a funny-sounding name that few outside of tech have heard of: Akamai — which is Hawaiian for “intelligent,” in case you were wondering. Read more of this post

Three Reasons Chipotle Is Destroying McDonald’s

Three Reasons Chipotle Is Destroying McDonald’s

ASHLEY LUTZ RETAIL  FEB. 14, 2014, 3:57 AM

Chipotle is thriving.

The fast-casual chain posted a 9.3% sales gain in 2013. Meanwhile, former parent company McDonald’s saw sales fall by 1.4%.

The companies employ completely opposite strategies, Brian Sozzi at Belus Capital Advisors wrote in a recent note to clients.

Sozzi shares a few reasons why Chipotle is dominating McDonald’s.

1. Sticking to a classic menu. While McDonald’s tacks on new menu items to entice customers, Chipotle has stuck to the same menu since it opened. The menu at McDonald’s has grown 70% since 2007, Bloomberg reported last year. Chipotle does a few things really well, making it easier to execute and reduce customer wait times.

2. Making lines faster. Chipotle has aggressively worked to reduce wait times during peak periods. Meanwhile, McDonald’s is struggling with the longest drive-thru wait times in decades. McDonald’s is attempting to fix wait times by cutting some menu items and adding employees to assist at check-out. But the overloaded menu makes it difficult for operations to run smoothly, Sozzi says.

3. Emphasizing an ethical menu. Chipotle is in the process of eliminating GMOs from its menu, and has long boasted about its antibiotic-free meats. As a result, “people feel better about eating at Chipotle and share with others, personally or on social media, that positive experience,” Sozzi writes. Meanwhile, McDonald’s has struggled to shake its reputation as an unhealthy restaurant.

 

Microsoft PR Chief Shreds New New York Times Columnist Over His Advice Column

Microsoft PR Chief Shreds New New York Times Columnist Over His Advice Column

JAY YAROW TECH  FEB. 14, 2014, 2:52 AM

The New York Times recently hired former Slate (and former Wall Street Journal) technology columnist Farhad Manjoo.

In his first column for the New York Times, Manjoo told readers to buy Apple’s hardware products (iPhones/iPads/Macs), use Google’s services (search/Gmail/Maps), and to buy media from Amazon (movies, books, music). He also mentioned Dropbox as the best storage service. Read more of this post

Apple Collects 87% Of All The Profits In The Smartphone Handset Industry

Apple Collects 87% Of All The Profits In The Smartphone Handset Industry

JAY YAROW TECH  FEB. 14, 2014, 2:22 AM

Monopoly!

Apple has a relatively tiny slice of the smartphone market, measured by phones shipped to consumers.

According to the latest data from IDC, iPhones were 17.6% of smartphones shipped last quarter. Android-based phones were 78.1% of the phones shipped. Read more of this post

GPS pioneer warns on network’s security; founder Colonel Bradford Parkinson has warned that it is more vulnerable to sabotage or disruption than ever before – and politicians and security chiefs are ignoring the risk.

February 13, 2014 7:22 pm

GPS pioneer warns on network’s security

By Sam Jones and Carola Hoyos

The Global Positioning System helps power everything from in-car satnavs and smart bombs to bank security and flight control, but its founder has warned that it is more vulnerable to sabotage or disruption than ever before – and politicians and security chiefs are ignoring the risk.

Impairment of the system by hostile foreign governments, cyber criminals – or even regular citizens – has become “a matter of national security”, according to Colonel Bradford Parkinson, who is hailed as the architect of modern navigation. Read more of this post

Lego builds on story of its fight to survive to reach new heights

February 14, 2014 10:30 am

Lego builds on story of its fight to survive to reach new heights

By Richard Milne, Nordic Correspondent

The Lego Movie has rich pickings for those seeking metaphors.

In among the millions of brightly coloured bricks in the film that is released globally this weekend, some have seen an anti-business message; others a 100-minute long commercial to the Danish toy company; and yet more see the struggle in life (or Lego) between following instructions and staying creative that is a central part of the plot. Read more of this post

James Montier’s Annotated CAPE Chart Is Brilliant

James Montier’s Annotated CAPE Chart Is Brilliant

SAM RO MARKETS  FEB. 14, 2014, 9:22 PM

image001-5

Stock market volatility has made a big comeback in 2014. After a steady climb to all-time highs in 2013, we’ve seen the S&P 500 tumble 6% before recovering most of those losses.

However, many experts continue to expect at least a 10% sell-off before we can see longer-term gains again.  Others are looking for an outright crash. Read more of this post

How The Global Beer Industry Has Consolidated Over The Last 10 Years In Two Charts

How The Global Beer Industry Has Consolidated Over The Last 10 Years In Two Charts

MATTHEW BOESLER MARKETS  FEB. 14, 2014, 6:56 PM

image001-2

Euromonitor, Goldman Sachs Global Investment Research

In a note to clients this week, Goldman Sachs analysts led by Robert D. Boroujerdi look at merger trends in various industries.

One that has gone through substantial consolidation in the last 10 years is the global beer industry.

Here’s Goldman:

The global beer industry has undergone a steady process of consolidation. Ten years ago the global beer industry was highly fragmented with Anheuser-Busch’s 8.5% market share enough to make it the global leader. Since then, a steady process of consolidation via M&A has taken place – often focused around cost-cutting opportunities (e.g. the $60 bn merger of Anheuser-Busch and InBev completed in 2008) or geared towards acquiring attractive emerging market assets (e.g. Heineken’s $24 bn acquisition of Asia Pacific Breweries completed in 2012).

Today’s AB InBev, with an estimated 21% market share, has been the driving force behind much of this consolidation. Interbrew’s acquisition of AmBev in 2004 created a new global leader, InBev, with 11% share and the subsequent Anheuser-Busch/InBev merger in 2008 again created a global leader, AB InBev, with 20% market share. Today’s top 5 companies represent more than 50% of the global market (versus 32% for the top 5 players in 2003), and the industry’s HHI has risen to 725 in 2013E from just 276 in 2003.

“HHI” stands for Herfindahl-Hirshman Index, a common measure of industry concentration.

“The U.S. Department of Justice generally considers HHI levels of 1,500-2,500 to be consistent with moderately concentrated markets, and levels above 2,500 signifying high concentration,” explain the Goldman analysts.

“The score is calculated as the sum of the squares of the market shares of an industry’s competitors.”

In 2013, the global beer industry’s HHI was 725 — almost three times what it was 10 years ago, but still well below the levels cited above.

“Global Beer measures as considerably more fragmented than the other industries in our study,” say the Goldman analysts.

“The market for beer brands more often tends to be local than global, making it not directly comparable with the HHI scores of other truly global or purely local markets in this study. In the case of our beer study, the direction of the HHI is much more pertinent than the absolute level.”

1-800 Flowers.com’s response to a downturn; flower delivery company worked with florists to focus on innovation

February 13, 2014 4:45 pm

1-800 Flowers.com’s response to a downturn

By Jayashankar Swaminathan

image001-4

James McCann, CEO of 1-800 Flowers.com, has focused on promoting top-quality floral design

The story

From a single shop in New York founded by James McCann in the 1970s, 1-800 Flowers.com has become one of the world’s leading retailers of floral arrangements and gifts, with a broad range of cut flowers and plants, gourmet foods and gift baskets. Read more of this post

An old tonic for today’s drugstores; Customers who have quaffed the elixirs of health and happiness tend to return

February 13, 2014 4:36 pm

An old tonic for today’s drugstores

By Gary Silverman in New York

Customers who have quaffed the elixirs of health and happiness tend to return

These are exciting times in the US pharmacy sector. To use a technical term, I would say the Joe Klein way is coming back into style.

Klein, who died close to a dozen years ago in Florida at the age of 93, is hardly a household name in the US. In fact, the only reason I heard of him was because he was my mother’s father. Read more of this post

The irresistible appeal of the romantic ideal; Pursue love with less hubris, impatience and intolerance to risk, says Simon May

February 13, 2014 3:53 pm

The irresistible appeal of the romantic ideal

By Simon May

Pursue love with less hubris, impatience and intolerance to risk, says Simon May

Today millions of people celebrate one form of love and one only: romantic love, the love that speaks the language of erotic desire.

As we settle down to our candlelit dinners – or, as singletons or conscientious objectors to Valentine’s day, wander past packed restaurants envying or pitying the serried rows of couples – we might ask: why do we so privilege romance? Read more of this post

The real titans of finance are no longer in the banks

February 13, 2014 6:25 pm

The real titans of finance are no longer in the banks

By Gillian Tett

So-called ‘alternative asset managers’ now matter as much as the banks

If the mighty J Pierpont Morgan were reincarnated in New York today, who might he be? Jamie Dimon, the man who is now chief executive of JPMorgan, the bank that shares the great man’s name? Or might Morgan prefer to return as Stephen Schwarzman or Leon Black, respectively the heads of Blackstone and Apollo, two gigantic private equity firms? Read more of this post

China: Funds on the edge; The country’s hedge funds are producing spectacular returns but foreign investors remain wary

February 13, 2014 7:11 pm

China: Funds on the edge

By Paul J Davies and Simon Rabinovitch

The country’s hedge funds are producing spectacular returns but foreign investors remain wary

Liu Yijun runs the most successful, oldest and biggest hedge fund that almost no one has ever heard of: Prime Capital Management.

From offices high in a gold-coloured Shanghai tower, the highly secretive manager controls more than $3bn. He invests exclusively in Chinese companies selected by a disciplined team of researchers who are among the best paid in the country. Read more of this post

Graves of empire tell of India’s troubled past

Graves of empire tell of India’s troubled past

7:02am EST

By Angus MacSwan

NEW DELHI (Reuters) – By the side of a crowded Delhi highway with buses thundering by and hawkers touting their wares lies a small, walled cemetery.

It holds the graves of hundreds of British citizens and other foreigners who, for better or worse, played roles in India’s colonial past. Soldiers, missionaries, traders and officials rest here, the cracked tombstones giving only hints of their lives. Read more of this post

Old Propaganda Habits Die Hard

Feb 14, 2014

Old Propaganda Habits Die Hard

By Yiyi Lu

A plethora of recent reports in Chinese media suggests Beijing’s new anti-corruption and “mass-line” campaigns have gone a long way toward reforming some of the worst political practices that typically take place during Chinese New Year. But the persistence of one perennial holiday story suggests Beijing is still having trouble divorcing itself from politics as usual. Read more of this post

Apprehensive, Many Doctors Shift to Jobs With Salaries

Apprehensive, Many Doctors Shift to Jobs With Salaries

By ELISABETH ROSENTHALFEB. 13, 2014

American physicians, worried about changes in the health care market, are streaming into salaried jobs with hospitals. Though the shift from private practice has been most pronounced in primary care, specialists are following.

Last year, 64 percent of job offers filled through Merritt Hawkins, one of the nation’s leading physician placement firms, involved hospital employment, compared with only 11 percent in 2004. The firm anticipates a rise to 75 percent in the next two years. Read more of this post

The Up Side of Down: Why Failing Well Is the Key to Success

The Up Side of Down: Why Failing Well Is the Key to Success Hardcover

by Megan McArdle  (Author)

image001-3

For readers of Drive, Outliers, and Daring Greatly, a counterintuitive, paradigm-shifting new take on what makes people and companies succeed
Most new products fail. So do most small businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? If you want to succeed in business and in life, Megan McArdle argues in this hugely thought-provoking book, you have to learn how to harness the power of failure. Read more of this post

How Charter’s Time Warner Cable bid woke up a ‘sleeping beast’; For Comcast, Daring Deals to Expand Its Reach Across Industries

How Charter’s Time Warner Cable bid woke up a ‘sleeping beast’

Thu, Feb 13 2014

By Soyoung Kim and Liana B. Baker

NEW YORK (Reuters) – Talks between Comcast Corp and Charter Communications Inc over how they could together buy Time Warner Cable Inc quickly soured as the two bickered over price and the feasibility of engineering a split of the No. 2 U.S. cable operator. Read more of this post

%d bloggers like this: