Yahoo CEO Marissa Mayer arrived nearly two hours late to a dinner with important marketing executives, the Wall Street Journal reported.» Read More
Some of Thursday's midday movers:
Some of Thursday's midday movers:
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.
The $35 billion merger between Omnicom and Publicis has collapsed as challenges proved too immense for the partners.
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.
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.
*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- Time Warner Inc named directors, including former Sony Corp CEO Howard Stringer, to the board of Time Inc, the publishing business it plans to spin off in the second quarter of 2014.. The media company named current Time Inc CEO Joseph Ripp as chairman of the board.
*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- 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.
U.S. stock index futures fluctuated Friday, ahead of more economic data which analysts fear may have been hit by the poor weather.
Feb 14- Interpublic Group of Cos, the no. 2 U.S. advertising company, reported a 3 percent rise in quarterly revenue, mainly helped by growth in its domestic market. Interpublic, which counts Amazon.com Inc and General Motors Co's Cadillac as customers, also said it was targeting 3-4 percent organic revenue growth this year.
Some of the names on the move ahead of the open.
Feb 14- Interpublic Group of Cos, the No. 2 U.S. advertising agency, reported a 3 percent rise in quarterly revenue, mainly helped by growth in the United States. Net income fell to $193.1 million, or 44 cents per share, from $313.3 million, or 68 cents per share. Interpublic said it took a pretax restructuring charge of about $60.6 million in the quarter.
PARIS, Feb 13- Advertising agency Publicis fell short of its annual growth target after a slowdown in emerging markets such as China and India caused the fourth quarter to end with a whimper.
The $115 million campaign, to be overseen by the Food and Drug Administration, will target the 10 million young people aged 12 to 17 who are open to trying cigarettes or who are already experimenting with them and are in danger of becoming regular smokers, the FDA said.
The $115 million campaign by the Food and Drug Administration will target the 10 million people aged 12 to 17 who are open to trying cigarettes or who are already experimenting with them and are in danger of becoming regular smokers, the FDA said.
Take a look at some of Friday's midday movers:
Ad agency executives say Yahoo CEO Marissa Mayer has worked hard to show advertisers she cares, but analysts say the money will not come soon.