Wall Street can't seem to get enough of Weight Watchers lately. The stock hit a new 52-week high yesterday, although The Street still rates it as a "hold" because of poor profit margins. TraderShuffle.com, which does one of those technical thingamajiggys with algorithms, proclaims that the stock closed at $78.59 "just above calculated resistance at $75.25, moving to what appears to be a new range." ...Read the whole story
Newcastle Brown Ale, imported by Heineken USA, has launched its first television campaign. The campaign includes three 30-second TV commercials with creative playing off the theme "Taste The Lighter Side of Dark." ...Read the whole story
Mercedes-Benz had its March ever, besting key competitors BMW and Lexus. That's a big deal since the last time Mercedes topped Lexus in U.S. sales was back in 2000. The automaker will launch five new products this year including a new SLK, as well as a strikingly redesigned 2012 CLS, unveiled last fall, and a new C-Class Coupe, a sporty, male-centric, younger vehicle. ...Read the whole story
In a marketing campaign launching this week, Barnes & Noble is throwing down the gauntlet to say its Nook is the best tablet for true readers. A television commercial from Boston agency Mullen demonstrates how people can get lost in books and stories. ...Read the whole story
Sales of hybrid, diesel and small vehicles are rebounding. High gas prices led to a 46% increase in sales of such vehicles in March versus the same month in 2010, says auto analysis firm Baum and Associates. The firm says small, fuel-efficient cars now account for about the same market share as body-on-frame SUVs, which used to be the toast of the auto market ...Read the whole story
Men play a crucial role in purchasing decisions -- both big and small -- that defies stereotypes, according to a new survey about male shopping habits. The "Marketing To Men" survey was conceived by Southfield, Mich.-based research and consulting firm Jacobs Media. ...Read the whole story
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