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LONDON/ NEW YORK/ PARIS, May 1- Publicis and Omnicom have lost more than $1.5 billion of client work in recent weeks and face a fight to retain billions more, including a huge Samsung contract, just as the two advertising firms struggle to keep their merger on track.
Benjamin Lawsky, superintendent of the New York state's Department of Financial Services, said, "I think... you will see results this summer" from a continuing investigation of consultants hired at the behest of regulators.
LONDON, April 25- WPP, the world's largest advertising group, reported a much better than expected 7 percent rise in first quarter like-for-like revenue growth and said it had seen a surge in new client wins due to changes in the industry.
LONDON, April 25- WPP, the world's largest advertising group, reported first quarter like-for-like revenue growth of 7 percent, much better than expected, and said it had seen a surge in new business wins due to changes in the industry.
April 24- Pandora Media Inc reported a better-than-expected rise in first quarter revenue on Thursday because advertisers picked up spending on the online streaming music service. Total revenue rose almost 70 percent to $194.3 million, beating analysts expectations of $175 million, according to Thomson Reuters I/B/E/S.
NEW YORK/ LOS ANGELES, April 23- Technology powerhouses like Microsoft Corp and AOL Inc are flexing their muscles as storytellers, parading TV network-style shows before advertisers at an annual digital content showcase in New York next week.
April 22- AOL head of communications Peter Land left the company on Tuesday after a year working there, marking the latest public relations executive to depart the company. AOL Inc attributed Land's departure to a reorganization of the communications department.
SAN FRANCISCO, April 22- Google Inc will allow marketers to run online ads that send consumers to a page directly inside a mobile app, furthering the Internet company's effort to extend its multibillion-dollar advertising business to smartphones.
*U.S. revenue rises 4 pct at Omnicom, 5 pct at Interpublic. *Omnicom 1st- qtr revenue $3.50 bln vs est $3.48 bln. April 22- Omnicom Group Inc, the No. 1 U.S. advertising company, said it was unable to predict when its $35.1 billion merger with France's Publicis Groupe SA would close as the deal was yet to win some key approvals.
April 22- The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.
*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.
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.
*Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.
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.