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Commercial and Professional Services Commercial Services and Supplies

  • TOKYO, Feb 24- From the "Rocky" theme to cash handouts and early "Premium Friday" finishes, a small but growing number of companies in workaholic Japan are getting creative with the ways they're getting employees out the door early. The initiative is also part of a broader push by Prime Minister Shinzo Abe's administration to reduce working hours, after the suicide...

  • *Posts 2nd straight drop in quarterly revenue on China ad curbs. BEIJING, Feb 24- Baidu Inc's revenue fell for a second straight quarter, hurt by a government crackdown on healthcare advertising, but the internet search giant expects a rebound this year as it retools to find growth outside its core ad business. "We believe that the impact of these initiatives is...

  • Feb 23- Borrowings by U.S. companies for capital investments rose 3 percent in January, compared with a year earlier, the Equipment Leasing and Finance Association said. Companies signed up for $6.2 billion in new loans, leases and lines of credit last month, according to the Washington- based trade group that reports economic activity for the $1 trillion...

  • STATE OIL FIRM PETROBANGLA TO HIRE CONSULTANCY WOODMAC TO ASSESS CHEVRON ASSETS BEFORE A FORMAL BID- SOURCES.

  • Feb 16- Ralph Lauren Corp named a Vice Media executive to the newly created role of chief marketing officer and hired Tom Ford International's chief operating officer as a brand president, weeks after the surprise resignation of CEO Stefan Larsson. Jonathan Bottomley, most recently the chief strategy officer at Vice Media's in-house advertising agency,...

  • *Hejun Vanguard Group filed two complaints with MOFCOM. HONG KONG, Feb 16- A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald's Corp, arguing in a complaint to regulators that the American fast food giant's China sale may hurt workers and consumers. Beijing- based Hejun Vanguard Group, a...

  • CHINESE CONSULTANCY FILE TWO COMPLAINTS WITH CHINESE GOVERNMENT OVER MCDONALD'S PLANNED SALE OP ITS CHINA BUSINESS.

  • Feb 15- Ad agency owner MDC Partners Inc said on Wednesday Goldman Sachs Group Inc would invest $95 million and get a seat on its board, sending its shares up about 30 percent. As of Sept. 30, the company had total liabilities of $2.09 billion and total assets of $1.6 billion. Bradley Gross, a managing director in the merchant banking division of Goldman Sachs, will join...

  • Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.

  • Feb 10- Advertising firm Interpublic Group of Cos Inc reported a 3.1 percent rise in quarterly revenue on Friday, as businesses in the United States continued to spend more on advertising. The company said net income attributable to shareholders rose to $317.6 million, or 78 cents per share, in the fourth quarter ended Dec. 31, from $260.3 million, or 63 cents per...

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to Blackstone Group LP for $4.3 billion in cash. Aon said it expected the deal to improve its return on invested capital and add to adjusted earnings per share in 2018.. The repurchase program has been increased by $5 billion, bringing the total amount...

  • *Posts Q2 adjusted EPS of $0.19 vs estimates of $0.18. The company's news and information business, which includes the Wall Street Journal and the Times in London, has been suffering from lower ad sales as readership dwindles, with readers opting for free news on websites and mobile apps. Revenue in the business fell nearly 7 percent to $1.30 billion in the second...

  • The company's news and information business, which includes newspapers such as the Wall Street Journal and the Times in London, has been suffering from lower advertisements as readers prefer the quick and free news on websites and mobile apps. The business includes REA Group Ltd, a leading real estate advertising company in Australia, and Realtor.com in the...

  • NEW YORK, Feb 9- Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. Blackstone prevailed over buyout firm Clayton Dubilier& Rice LLC in an auction for the benefits administration and human resources...

  • PARIS, Feb 9- Publicis paid a hefty price for its acquisition of ad firm Sapient on Thursday, with a 1.4 billion-euro writedown on its Publicis.Sapient arm pushing the French group to an annual loss and underlining the challenge for its new chief executive. Thursday's total writedown of 1.44 billion euros casts a shadow over the legacy of departing CEO Maurice...

  • *Publicis hurt by charge, North America weakness. PARIS, Feb 9- A writedown of the value of its digital business drove Publicis to an annual loss and underlined the challenge facing the new chief executive who will take charge of the French advertising group in June. The world's third largest advertising company is preparing for change at the top when veteran...

  • Revenue, for the company which is one of the "big four" ad agencies, rose 2.1 percent to $4.24 billion, but missed analysts' average estimate of $4.26 billion, according to Thomson Reuters I/B/E/S. New York- based Omnicom, whose clients include Apple Inc, Procter& Gamble, McDonald's Corp and Adidas, said negative impact of foreign exchange rates reduced revenue in the...

  • Feb 7- Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 2.1 percent rise in quarterly revenue due to heavy spending on ads by businesses in the United States. The company's net income rose to $348.7 million, or $1.47 per share, in the fourth quarter ended Dec. 31, from $328.3 million, or $1.35 per share, a year earlier. Revenue rose to $4.24 billion from $4.15...