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Commercial and Professional Services Commercial Services and Supplies

  • PARIS, May 11- French tycoon Vincent Bollore took a first step on Thursday in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate. Vivendi said it was making an offer to buy Group Bollore's 60 percent stake in advertising group Havas for 9.25 euros a share, a premium of 8.8 percent over...

  • *InVentiv owned by PE firms Advent, Thomas H. Lee Partners. May 10- INC Research Holdings Inc said on Wednesday it would buy fellow contract research services provider inVentiv Health Inc in a $4.6 billion deal to tap into the growing demand from healthcare companies for laboratory services. InVentiv, which is equally owned by private equity firms Advent...

  • *Ad market remains tough as CEO moves on. LONDON, May 10- ITV said its advertising revenue could fall by nearly 10 percent in the first half of the year, as intense competition and weak markets meant outgoing boss Adam Crozier prepared to sign off with the company facing familiar problems. "ITV's overall performance and the shape of the UK advertising market are very...

  • May 10- INC Research Holdings Inc, which provides contract laboratory services, said it would buy privately held inVentiv Health Inc, which provides life sciences companies with drug development and consulting services, in a $4.6 billion deal. Private equity firms Advent International and Thomas H. Lee Partners, which has equal equity ownership of inVentiv,...

  • LONDON, May 10- Commercial broadcaster ITV said its net advertising revenue could fall by as much as 20 percent in June as its outgoing Chief Executive Adam Crozier signed off with a tough outlook for the industry. The " Coronation Street" and " Britain's Got Talent" broadcaster said net advertising revenue fell by 9 percent in the first quarter.

  • The deal values Medical Solutions at around $500 million, according to people familiar with the matter. Faced with large patient volumes and nursing shortages, more and more hospitals are searching for reliable, qualified nurses, said Matthew Hobart, a partner at TPG Growth. Medical Solutions' previous majority owner, Beecken Petty O'Keefe& Company, which...

  • BUFFETT SAYS GOOGLE'S MODEL OF SELLING' CLICKS' TO ADVERTISERS, WITH LITTLE COST, IS A GOOD BUSINESS.

  • TORONTO, May 4- The head of Rogers Communications Inc's business services unit will leave the company later this month, the Canadian telecommunications and media company said on Thursday. The exit of Nitin Kawale follows the departure of two other senior executives hired by Guy Laurence, the former chief executive who parted ways with the family-controlled...

  • Chief Financial Officer David Wehner said on a conference call after the company's earnings announcement that ad revenue growth is expected to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of ads it can squeeze onto users' pages before upsetting them. New products, such as ads...

  • Chief Financial Officer David Wehner said on a conference call after the company's earnings announcement that ad revenue growth is expected to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of ads it can squeeze onto users' pages before upsetting them. New products, such as ads...

  • Chief Executive Mark Zuckerberg said in a statement it was a "good start to 2017.". Chief Financial Officer David Wehner said on a conference call after the earnings announcement that the company expects its ad revenue growth to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of...

  • Facebook said about 1.94 billion people were using its service monthly as of March 31, up 17 percent from a year earlier. Mobile ad revenue accounted for about 85 percent of the company's total advertising revenue of $7.86 billion in the first quarter ended March 31, compared with about 82 percent a year earlier. Analysts on average had expected total ad revenue...

  • Mobile ad revenue accounted for 85 percent of the company's total advertising revenue of $7.86 billion in the first quarter ended March 31, compared with 82 percent a year earlier. Net income attributable to Facebook shareholders rose to $3.06 billion, or $1.04 per share, from $1.73 billion, or 60 cents per share, a year earlier. Total revenue rose to $8.03 billion...

  • LONDON, May 3- Investors' advisory firm PIRC is urging BP's shareholders to vote against Chief Executive Bob Dudley's new pay package, calling it "excessive" even after the changes which have been made following a shareholder revolt last year. Pensions& Investment Research Consultants also advised shareholder clients in a note to abstain in a non-binding vote...

  • The business, categorized as "Other Revenue" in its earnings report, posted a 49.4 percent jump in revenue to $3.10 billion on Thursday a sum already bigger than Twitter Inc's annual revenue. "is doing a good job, a much better job in diversifying revenue than Facebook is," said analyst James Wang of ARK Investment Management. To be sure, Google's cloud venture is still...

  • The business, categorized as "Other Revenue" in its earnings report, posted a 49.4 percent jump in revenue to $3.10 billion on Thursday- a sum already bigger than Twitter Inc's annual revenue. "is doing a good job, a much better job in diversifying revenue than Facebook is," said analyst James Wang of ARK Investment Management. To be sure, Google's cloud venture is still...

  • *CFO Jennifer Li to step aside for new role as Baidu Capital chief. BEIJING, April 28- Baidu Inc on Friday forecast second-quarter revenue largely below estimates as the Chinese internet company continues to grapple with Beijing's restrictions on its lucrative medical advertisements segment, sending its shares down six percent in extended trading.

  • Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43 billion, a performance that analysts called exceptional for a company so large. The two companies accounted for 99 percent of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain...

  • Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43 billion, a growth rate that analysts called exceptional for a company so large. Wall Street grew anxious as a series of high-profile advertisers fled YouTube amid concerns about ads appearing alongside extremist content. But Google's results showed that controversy was little more...

  • SYDNEY, April 27- Ten Network Holdings' survival depends on three billionaire debt guarantors, including News Corp Co-Chairman Lachlan Murdoch, after Australia's third-largest TV network reported a A $232 million half-year loss in a weak advertising market. All three of Australia's free-to-air television networks are under pressure as consumers...