The "Uncarrier" had an uncannily positive quarter and the results announced yesterday, coupled with promotions that have rolled out over the last couple of months, boosted T-Mobile's momentum as it seeks to ascend to No. 3 position in the wireless wars.
Dan Fellman, who has played a leading supporting role in making boffo hits out of Warner Bros. movies for 37 years - as president of domestic distribution since 1999 - is retiring at the end of the year. For real ... though he'll consult.
David S. Taylor, Procter & Gamble's group president of global beauty, grooming and health care - with hands-on experience in everything from plant production management to marketing to selling off brands deemed expendable - will take over as president and CEO at the company on Nov. 1.
Thwarted in its attempt to acquire the generic and specialty pharmaceuticals company Mylan, the Israeli-based Teva will purchase Ireland-based Allergan Generics for $40.5 billion in an acquisition that executive and investors at both companies - if not consumers - are applauding.
Mitsubishi Motors is ending production of its Outlander Sport crossover SUV in the U.S. and will close its only plant here, in Normal, Ill., if it does not find a buyer. At a news conference in Japan this morning, president and COO Tetsuro Aikawa said the decision is "strictly due to dwindling output in recent years" and is not related to labor costs or foreign exchange rates, Reuters' Minami Funakoshi reports.
"Soup Is Good Food," Campbell used to tell consumers. Now it wants them to think of it as a "Good For You" food company and, as part of that ongoing transformation, it said at a investor's meeting Wednesday that it would remove all artificial flavors and ingredients from it products by 2018.
The escalating cost of pharmaceuticals is under both scrutiny and attack as a new study comparing pricing and effectiveness was announced and 118 physicians signed a letter urging grassroots advocacy.
The Consumer Financial Protection Bureau has ordered Citibank and some subsidiaries to refund an estimated $700 million to roughly seven million customers who were victims of "deceptive marketing..."
A&P - which as The Great Atlantic & Pacific Tea Company was the Walmart of its day to mom and pop dry grocers, butchers and bakers eking out a living in tiny shops with limited selection - filed for Chapter 11 bankruptcy protection late Sunday.
A story two days ago that Ford is offering discounts of more than $10,000 in some regions on its new aluminum-bodied F-150 pickup "to reverse a sales slump while it works to build inventory on dealer lots" has stirred up a lot of interest - including some "move along, there's nothing to see here but marketing at work" reactions.