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Commercial and Professional Services Commercial Services and Supplies

  • *Hits 2016 target of 3.1 pct net sales growth. LONDON, March 3- WPP, the world's largest advertising group, cut its 2017 sales forecasts on Friday and its shares tumbled as a tough economic environment forced rivals and clients to fight over every dollar of marketing budgets. Martin Sorrell, the founder and head of the British firm, said clients seeking to drive down...

  • March 2- Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to a note by the Boston Consulting Group. North American banks accounted for nearly 63 percent of the total fines, or about $204 billion, during 2009-2016, the consultancy firm said. While U.S. regulators have...

  • NEW YORK, March 1- As Snap Inc looks to gobble up a larger share of the $82 billion digital U.S. ad market, the owner of the ephemeral messaging app popular with millennials could find itself facing more demands from advertisers for reliable metrics. At the high end of its expected IPO price range, Snap will have a market value of more than $22 billion even though it...

  • NEW YORK, March 1- As Snap Inc looks to gobble up a larger share of the $82 billion digital U.S. ad market, the owner of the ephemeral messaging app popular with millennials could find itself facing more demands from advertisers for reliable metrics. At the high end of its expected IPO price range, Snap will have a market value of more than $22 billion even though it...

  • NEW YORK, March 1- As Snap Inc looks to gobble up a larger share of the $82 billion digital U.S. ad market, the owner of the ephemeral messaging app popular with millennials could find itself facing more demands from advertisers for reliable metrics. At the high end of its expected IPO price range, Snap will have a market value of more than $22 billion even though it...

  • NEW YORK, March 1- As Snap Inc looks to gobble up a larger share of the $82 billion digital U.S. ad market, the owner of the ephemeral messaging app popular with millennials could find itself facing more demands from advertisers for reliable metrics. At the high end of its expected IPO price range, Snap will have a market value of more than $22 billion even though it...

  • LONDON, March 1- ITV, Britain's biggest free-to-air commercial broadcaster, reported a 3 percent rise in adjusted earnings per share as growth in its studios production business more than offset a drop in advertising revenue. The broadcaster of " Coronation Street" and crime drama "Broadchurch" said net advertising revenue across its channels would be 6 percent...

  • LONDON, March 1- ITV, Britain's biggest free-to-air commercial broadcaster, said it would pay a special dividend after growth in its studio production arm more than offset a drop in advertising revenue to result in a rise in earnings. The broadcaster of " Coronation Street" and crime drama "Broadchurch," which has been building its production business and growing...

  • LONDON, March 1- ITV, Britain's biggest free-to-air commercial broadcaster, reported a 3 percent rise in adjusted earnings per share as growth in its studios production business more than offset a drop in advertising revenue. The broadcaster of " Coronation Street" and crime drama "Broadchurch" said net advertising revenue across its channels would be 6 percent...

  • 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.