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WPP PLC

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  • Publicis picks itself up from failed Omnicom deal Thursday, 12 Feb 2015 | 1:55 AM ET

    France's Publicis promised business would pick up in the second half of this year as the advertising agency recovered from a tough 2014.

  • LONDON, Feb 3- Sixty business leaders urged Britain's political leaders on Tuesday to commit in their election manifestos to make a swift decision on the controversial issue of London airport expansion. The Conservative-Liberal Democrat coalition that won the 2010 election scrapped the previous Labour government's plans to build a new runway at Heathrow,...

  • *Driven by U.S. companies and some cost cutting in Europe. Chief executives, bankers and investors gathering at the World Economic Forum in Davos, Switzerland, said they expected U.S. companies to take advantage of a rising dollar and robust growth at home to strengthen their position in global markets. "There are always great opportunities in the aftermath of a...

  • "If you want to see how the international aviation landscape is going to evolve, just look to the United States, where consolidation has left just four major legacy carriers to compete with the low-cost airlines that serve the rest of the market," said Franke, managing partner of Phoenix- based private equity firm Indigo Partners. The former chairman of America...

  • Germany overtakes UK in corporate executive pay Monday, 5 Jan 2015 | 7:01 PM ET

    Germany has overtaken the UK as Europe's top-paid corporate executives, partly reflecting public and investor pressure on remuneration in UK companies. The Financial Times reports.

  • IBM says cloud business enjoying "breakthrough year" Wednesday, 17 Dec 2014 | 4:00 PM ET

    LONDON, Dec 17- IBM aims to expand the number of data centres it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a "breakthrough year" in 2014 for its cloud computing business. IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in...

  • LONDON, Dec 8- Two leading forecasters of global advertising trends trimmed their predictions for growth in ad spending this year, due to a sharp slowdown in Russia and economic weakness in the euro zone. GroupM, owned by WPP, also trimmed its forecasts for 2014 growth to 3.9 percent, down from 4.5 percent, due to tougher than expected conditions in China, Brazil,...

  • Dec 5- A federal judge has thrown out a whistleblower lawsuit by a former official of a unit of advertising company WPP Plc who claimed he was fired in retaliation for reporting accounting irregularities to his superiors. District Judge Gregory Woods in Manhattan said Daniel Berman, who was a finance director at WPP's NeozOgilvy LLC unit, did not qualify for...

  • Early Movers: ANF, TJX, TGT, LYV, AAPL & more Wednesday, 3 Dec 2014 | 8:01 AM ET
    A trader works the floor of the NYSE.

    Some of the names on the move ahead of the open.

  • WPP'S Sorrell eyes higher dividend payout ratio Wednesday, 19 Nov 2014 | 7:21 AM ET

    BARCELONA, Nov 19- WPP Chief Executive Martin Sorrell said on Wednesday he would like, as a large shareholder, to see the payout ratio for the advertising group's dividend increase to 50 percent from the current target of 45 percent. "From my point of view as a significant shareholder in WPP, with most of my net worth being tied up in the company, personally I would like...

  • Nov 19- China's bellwether TV ad auction was hit by the country's slowing economy and rising competition from online entertainment, but showed modest recovery from last year- at least for its cornerstone evening news program. More than 30 firms, including Industrial and Commercial Bank of China Ltd, Ping An Insurance Group Co of China and Tsingtao Brewery Co,...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and Internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • Publicis to buy US-based Sapient for $3.7 billion Monday, 3 Nov 2014 | 10:53 AM ET
    Publicis CEO Maurice Levy stands on the the floor of the New York Stock Exchange a day after announcing that Omnicom Group and Publicis Groupe will merge to form the world's largest advertising holding company on July 29, 2013 in New York City.

    Publicis has agreed to acquire Sapient in an all-cash transaction for $25 per share, valuing the U.S. digital advertising specialist at $3.7 billion.

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • PARIS, Nov 3- Publicis, the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. For Publicis Chief Executive Maurice Levy, the deal is part of a push to revitalise the group at a time when its quarterly top-line growth...

  • Europe markets close sharply higher; banks lead Friday, 31 Oct 2014 | 12:42 PM ET

    Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.

  • WPP CEO: We won most of our new business from rivals Friday, 31 Oct 2014 | 7:46 AM ET
    Martin Sorrell

    The CEO of WPP said most of his firm's new business in the third quarter was from clients that had left rival groups Publicis and Omnicom.

  • WPP CEO: Google is the gorilla   Friday, 31 Oct 2014 | 7:44 AM ET
    WPP CEO: Google is the gorilla

    Sir Martin Sorrell, WPP CEO, shares his outlook on social media stocks and changing television viewing habits.

  • LONDON, Oct 31- WPP Plc, the advertising group run by high-profile executive Martin Sorrell, posted a slightly lower-than-expected 3 percent quarterly sales rise, reflecting growing concerns over geopolitical tensions and a slowdown in the global economy. WPP, which has more than 179,000 staff in 111 countries, said it expected a slowdown in the fourth quarter,...

  • LONDON, Oct 31- Martin Sorrell's advertising group WPP posted a lower than expected 3 percent rise in third-quarter like-for-like net sales on Friday due to growing concerns over geopolitical tensions and a slowdown in the global economy. WPP, which has been growing steadily through the year due to its broad geographic reach and strong presence in digital...