Some of the names on the move ahead of the open.» Read More
BARCELONA, Nov 21- Three major rivals to advertising groups Omnicom and Publicis, which are merging, say they are poaching work from the pair by luring clients who are unsettled by the $35.1 billion deal.
BARCELONA, Nov 21- The $35.1 billion tie-up of advertising groups Omnicom and Publicis will close by the middle of next year at the latest, the two groups said on Thursday, pushing the date back slightly later than expected.
BARCELONA, Nov 21- Japanese advertising group Dentsu is winning global media contracts for the first time through its newly-acquired Aegis business and has been taking work away from rivals Omnicom and Publicis since the two decided to merge.
LONDON, Oct 24- WPP, the world's largest advertising company, posted third-quarter organic revenue well ahead of expectations on Thursday, snapping up new work as its two biggest rivals focus on merging their businesses.
LONDON, Oct 24- WPP, the world's largest advertising company, posted third-quarter organic revenue well ahead of expectations, stealing a march on its two biggest rivals which are locked in the process of merging. Those firms are hammering out the details of a merger to leapfrog WPP and become the world's largest advertising company.
Oct 18- Interpublic Group of Cos reported lower-than-expected quarterly results due to weak demand in Europe, and warned that the U.S. shutdown could hurt the current quarter. "Macro conditions in Europe and our results in that region remained more challenging than had been expected at the outset of this year," CEO Michael Roth said in a statement.
*Getty bonds go from above par to 75 cents on the dollar in 5 months. NEW YORK, Oct 17- When private equity firm Carlyle Group LP bought a controlling stake in Getty Images Inc in October last year, debt investors fell over one another to help finance the $3.3 billion deal. Carlyle raised about $2.6 billion in bank loans and bonds.
*Omnicom shares rise 2 pct, Publicis up 3 pct. Oct 15- Omnicom Group Inc, the largest U.S. advertising company, reported a better-than-expected quarterly profit as ad spending strengthened in its home market, reinforcing expectations of strong growth for the industry in the second half.
Oct 15- Omnicom Group Inc reported a better-than-expected quarterly profit as advertising spending strengthened in its biggest market- the United States. Omnicom reported net income of $196 million, or 74 cents per share, in the three months ended September, compared with $203.9 million, or 74 cents per share, a year earlier.
Oct 15- Omnicom Group Inc reported a 2.5 percent rise in quarterly revenue due to an increase in advertising income from its biggest market- the United States. The company reported net income of $196 million, or 74 cents per share, in the three months ended September, compared with $203.9 million, or 74 cents per share, a year earlier.
NEW YORK, Sept 26- Dealmaking around the world was basically flat over the first nine months of the year, a disappointing level given the $130 billion Verizon Communications Inc transaction that bolstered mergers and acquisition volumes in the third quarter.
The interview, which ran on the website of Outdoor Life magazine, was set up by Ketchum Inc., the U.S. public-relations firm that has worked to burnish Russia's image since 2006..
Jean-Yves Naouri, COO of Publicis, tells CNBC that they are taking care of their clients, shareholders and people on a daily basis.
WPP CEO Martin Sorrell on Thursday denied rumors that the advertising giant could be considering a bid for French rival Havas or Japan's Dentsu, saying the talk was "just surmise".
Defining its mission clearly will be crucial for Al Jazeera to gain a foothold in the United States, a goal that has so far eluded the award-winning network funded by the emir of Qatar, according to advertisers, executives and industry experts.
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July 30- The Oprah Winfrey Network is making money four years after its debut, as stronger ratings and advertising growth helped turn around the joint venture with Discovery Communications Inc sooner than expected.
July 30- Discovery Communications Inc reported lower-than-expected second-quarter earnings and cut its full-year outlook on Tuesday, but it also said Oprah Winfrey's OWN Network, which it partly owns, was finally turning a profit.
Cramer says a trio of recent deals demands attention.