"Squawk on the Street" news team discuss Facebook's first quarter profits and mobile ad strategy. "They have not even begun to monetize Instagram," Cramer says.» Read More
NEW YORK— Marketing and advertising companies Omnicom and Interpublic reported better-than-expected revenue for the first quarter Tuesday, thanks to stronger demand in the U.S. and in some international markets. Omnicom's earnings edged higher than a year ago while Interpublic reported a smaller loss.
*U.S. revenue rises 4 pct at Omnicom, 5 pct at Interpublic. *Interpublic revenue $1.64 bln vs est $1.60 bln. April 22- U.S. advertising companies Omnicom Group Inc and Interpublic Group of Cos reported better-than-expected revenue, mainly due to higher ad spending in their home market.
April 22- Omnicom Group Inc, the largest U.S. advertising company, reported a 3 percent rise in quarterly revenue due mainly to higher growth in its home market. Omnicom, which owns agencies such as BBDO Worldwide and Goodby, Silverstein& Partners, said revenue rose to $3.50 billion in the first quarter from $3.39 billion a year earlier.
April 22- Advertising company Interpublic Group of Cos reported a 6 percent rise in quarterly revenue and a smaller loss, helped by higher spending in the United States. Interpublic, whose agencies include McCann Erickson and Draftfcb, said revenue rose to $1.64 billion in the first quarter from $1.54 billion a year earlier.
"Facebook has absolutely nailed mobile advertising," says Henry Blodget, Business Insider editor-in-chief & CEO, discussing Facebook's ad strategy and plans for its own mobile ad network.
Facebook will unveil its plans for a mobile ad network at its “F8″ developer conference at the end of the month, re/code reports.
April 17- Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market. Google shares were down about 3 percent in early trading on Thursday, and at least 12 brokerages cut their target price on the stock.
April 17- Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with a shift to the fast-growing mobile advertising market. Google shares were down 2 percent in premarket trading on Thursday and at least 12 brokerages cut their target price on the stock.
SAN FRANCISCO, April 16- Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.
Ross Gerber of Gerber Kawasaki discusses Google's mobile shift from desktop and focuses on its "spending issues." Victor Anthony, Topeka Capital Markets, weighs in.
SAN FRANCISCO, April 15- Yahoo Inc again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayer's comeback effort.
SAN FRANCISCO, April 15- Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the Internet pioneer.
SAN FRANCISCO, April 15- Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the Internet pioneer. Yahoo is trying to revitalize its business under Mayer, who took the reins about two years ago.
Martin Sorrell, WPP CEO, discusses how Google, Buzzfeed and other companies are disrupting the advertising business.
As Instagram tries to make money, it finds itself in some ways competing with its own users for ad dollars.
Discussing Zynga's performance, and the company's big bet on growth, with Michael Pachter, Wedbush Securities.
Why investors can expect profits from Pandora, and what consumers will think of increased advertising, with Michael Pachter, Wedbush Securities.
Shailesh Rao, VP, Asia Pacific, Latin America & Emerging Markets at Twitter, explains the firm's strategy for revenue growth.
*Shares open at $17.50, above IPO price of $15. *Rupert Murdoch's News Corp to hold 13.7 pct in company. Rubicon Project's shares opened at $17.50 and touched a high of $19.45 on the New York Stock Exchange on Wednesday.
Frank Addante, Rubicon Project founder & CEO, discusses how his company automates the process of buying and selling adverting, as the company makes its public debut on the NYSE.