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  • May 14- Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. The company's shares were up 4 percent at $67.18 in afternoon trading in New York, after earlier jumping as much as 7.1 percent.

  • May 14- Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. An announcement on CSC's plans could come as early as next week, when the company announces its fiscal 2015 earnings on May 19, the...

  • NEW YORK, May 12- Verizon Communications has made clear what it hopes to gain with the $4.4 billion purchase of AOL: a better way to sell mobile video ads. "You have AOL and the mobile platform of Verizon," said M.S. Krishnan, a professor at the Ross School of Business at the University of Michigan. Verizon has significant data on its customers and their activity on...

  • AOL's Armstrong charted bumpy path to big Verizon sale Tuesday, 12 May 2015 | 6:54 PM ET

    May 12- AOL Inc Chief Executive Tim Armstrong's six year path to transforming the venerable dial-up Internet provider into a marketable mobile ad specialist was filled with bumps. Perhaps most infamously, Armstrong publicly blamed an AOL employee's "distressed baby" as the reason for the company's escalating health care costs. Verizon's offer- at a premium of...

  • May 8- AOL Inc reported quarterly revenue above analysts' expectations, boosted by demand for its real-time bidding platform that helps advertisers place video and display ads on other digital properties. Revenue in AOL's ad platform business rose 21 percent to $279.8 million, accounting for 45 percent of total revenue. Net income attributable to AOL fell to...

  • David Colletti, a former MillerCoors vice president, was charged in an indictment filed in federal court in Chicago with mail and wire fraud for his role in an alleged scheme that caused the company to be falsely billed for promotional events and marketing services. MillerCoors, a U.S. joint venture between SABMiller Plc and Molson Coors Brewing Co was not...

  • NEW YORK, May 5- Brokerage BGC Partners Inc said on Tuesday it agreed to buy real estate consulting firm Computerized Facility Integration LLC for an undisclosed sum in an acquisition that highlights the growing need for companies to wring costs and boost efficiencies from a global network of corporate properties and facilities. The addition of CFI, which...

  • May 5- MarketCounsel, a regulatory compliance consulting firm, hired Loren Morris as director of strategic development and Bob Powell as director of special projects. Morris will join the firm from Cantor Fitzgerald, where he was partner and director of operations and advisor services. He has previously worked at Dynasty Financial Services, Charles Schwab...

  • May 4- Samsung and Walt Disney's Marvel introduced a marketing campaign that uses virtual reality to promote "Avengers: Age of Ultron" as more studios look to the new technology to push movies. Jamie Park, head of experimental marketing at Samsung, said the company had seen a growing interest from studios in virtual reality and Samsung would be doing more of this in...

  • EXCLUSIVE-UBM explores sale of PR Newswire-sources Wednesday, 29 Apr 2015 | 2:17 PM ET

    April 29- British communications and events company UBM Plc is exploring a sale of PR Newswire Association LLC in a deal that could value the distributor of press releases at more than $700 million, according to people familiar with the matter. New York- based PR Newswire distributes corporate announcements and marketing via news agencies such as Thomson...

  • Twitter's growth seen hinging on luring advertisers Wednesday, 29 Apr 2015 | 10:01 AM ET

    April 29- Twitter Inc's slowing revenue and user growth has raised further doubts about its ability to entice advertisers to spend more on its platform- at least in the near term. Shares of the micro-blogging website operator, which warned on Tuesday that user growth was off to a slow start in April, fell 1 percent to $51.15 in early trading on Wednesday.

  • MELBOURNE, April 27- BHP Billiton is contesting A $522 million in Australian tax bills on its Singapore marketing operations up to 2010, after having paid almost no tax in Singapore since 2006, the global miner told an Australian Senate panel. The company revealed that between 2006 and 2014 its Singapore marketing business earned profits of $5.7 billion, on...

  • April 24- Advertising agency Interpublic Group of Cos Inc's quarterly revenue trumped expectations as higher ad spending by U.S. businesses made up for the strong dollar's impact on international revenue. Interpublic, whose clients include General Motors Co, Johnson& Johnson and L'OrĂ©al, got about 60 percent of revenue from the United States in the first...

  • LOS ANGELES, April 22- As McDonald's Corp prepares yet another plan to revive its business, company watchers have the following advice: reconnect with lower income consumers who remain faithful to the brand, improve wages and ease the financial burden on operators. Steve Easterbrook, the company's new chief executive, on May 4 will announce his plan to reinvent...

  • U.S. audit, consulting firm KPMG names first woman CEO Tuesday, 21 Apr 2015 | 9:40 AM ET

    NEW YORK, April 21- KPMG LLP has named Lynne Doughtie, head of the firm's advisory and consulting business, as its U.S. chairman and chief executive officer, the second woman this year to be tapped as CEO of a major U.S. accounting and consulting firm. Effective July 1, Doughtie, 52, will replace John Veihmeyer, whose five-year term as U.S. chairman and CEO ends on June 30,...

  • April 16- Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 percent of Tata's 14,000-...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • TORONTO, April 10- Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against Barrick Gold Corp's executive pay plan, the second influential advisor to find fault with the company's compensation scheme. A 36 percent jump in Executive Chairman John Thornton's compensation, to $12.9 million in 2014 from $9.5...

  • LOS ANGELES, April 10- Former Enron trader and hedge fund billionaire John Arnold may be about to launch a national publicity campaign to convince U.S. voters of the need to reform public pensions, according to a document seen by Reuters. Growing costs were significant factors in the recent bankruptcies of Detroit and the California cities of Stockton and San...