Commercial Services and Supplies


  • Microsoft to overtake Yahoo in global digital ad share Tuesday, 15 Jul 2014 | 10:24 AM ET

    July 15- Microsoft Corp is expected to surpass Yahoo Inc for the first time in the $140.2 billion worldwide digital advertising market, according to estimates by research firm eMarketer released on Tuesday.

  • Shares in Canada's Corus slip on quarterly loss Thursday, 10 Jul 2014 | 12:13 PM ET

    TORONTO, July 10- Shares in Canadian media company Corus Entertainment Inc slumped on Thursday after it reported a quarterly loss amid a slumping advertising market. Corus said it had a net loss of C $30.3 million on revenue of C $214 million in the three months to May 31, due mostly to impairment charges and radio license fees.

  • June 26- Accenture Plc, a consulting and outsourcing services provider, cut the top end of its full-year earnings forecast as margins come under pressure, taking the shine off a rebound in its consulting business that boosted quarterly revenue.

  • June 26- Accenture Plc, a consulting and outsourcing company, reported a better-than-expected 7.5 percent rise in quarterly net revenue, led by a rebound in demand for its consulting services. Accenture forecast revenue of between $7.45 billion and $7.70 billion for the fourth-quarter.

  • Accenture quarterly revenue rises 7.5 pct Thursday, 26 Jun 2014 | 7:13 AM ET

    June 26- Accenture Plc, a consulting and outsourcing company, reported a 7.5 percent rise in quarterly net revenue, led by faster growth in its consulting business. The company's net income rose to $881.8 million, or $1.26 per share, in the third quarter ended May 31 from $874.1 million, or $1.21 per share, a year earlier.

  • GENEVA, June 18- Whether it's allowing smartphone-touting millionaires to track their investments on the go or plan new positions by videochat, wealth managers are moving into the digital age.

  • NEW YORK, June 16- Private equity firms Leonard Green& Partners LP and CVC Capitals Partners Ltd are in advanced talks to acquire consumer marketing company Advantage Sales& Marketing Inc for more than $4 billion, people familiar with the matter said on Monday.

  • New York, June 13- The big retirement benefit consultants are facing increasing competition as financial advisers move in on their turf, according to Chip Castille, the head of BlackRock's U.S. retirement group.

  • Fox extends Carey's contract for two years Monday, 9 Jun 2014 | 7:16 PM ET

    June 9- Chase Carey, the president and chief operating officer of Rupert Murdoch's 21st Century Fox, signed a contract to stay with the media company for up to two years, according to a regulatory filing on Monday. Fox extended Carey's contract through June 2016, the filing said.

  • Facebook's Instagram to expand ads beyond U.S. Monday, 9 Jun 2014 | 2:26 PM ET

    SAN FRANCISCO, June 9- Instagram, the mobile photo service owned by Facebook Inc, is expanding its nascent advertising business beyond the United States and will begin showing ads to users in Britain, Canada and Australia, the company said on Monday.

  • Business aviation picks up, but jet surplus persists Sunday, 25 May 2014 | 9:00 AM ET

    With so many jets not being flown, businesses are finding it more difficult to justify new purchases, said Rolland Vincent, president of Rolland Vincent Associates, a jet consulting firm that works with Utica, New York- based JetNet.

  • May 19- French advertising agency Publicis Groupe SA and Facebook Inc have struck a multi-year digital marketing deal worth hundreds of millions of dollars, according to a person familiar with the matter.

  • LONDON, May 13- The former boss of state-backed Royal Bank of Scotland's U.S. arm Citizens was paid $7.5 million last year, including $500,000 in consultancy fees for three months after she left. Ellen Alemany was in charge of RBS Citizens for five years until she was replaced by Bruce van Saun at the start of October.

  • NEW YORK/ LONDON May 11- The collapse of the $35 billion merger of New York- based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.

  • LONDON/ NEW YORK/ PARIS May 9- The $35 billion merger of U.S.-based Omnicom and France's Publicis collapsed on Friday after a battle for control destroyed plans to create the world's largest advertising agency. "I have not been able to convince John that balance is balance," Publicis Chief Executive Maurice Levy said of his Omnicom counterpart John Wren.

  • *CEO Maurice Levy says Publicis needs to be bigger. PARIS, May 9- Advertising agency Publicis will probably return money to shareholders and pursue smaller acquisitions this year as it seeks to get back on track after the failure of a $35 billion merger with U.S. peer Omnicom.

  • May 7- General Motors Co has re-hired Steve Harris, its top spokesman during the automaker's slide into bankruptcy, as it faces a new public relations crisis caused by a deadly ignition defect that has forced it to recall 2.6 million vehicles. The move, first reported by The Wall Street Journal, will be "on a contract basis for a limited time," Martin added.

  • May 7- AOL Inc on Wednesday reported its quarterly profit fell, missing expectations as it sheds businesses and upgrades its advertising operations, sending its stock tumbling 22 percent.

  • "The Fed may get more raucous about what to do next as tapering draws to a close," Alan Blinder, a banking industry consultant and economics professor at Princeton University said in a speech to the Investment Management Consultants Association in Boston.

  • 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.