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(Corrects fourth paragraph to show recommendations concerned only votes on pay reports, and that the comparison was with all of last year's AGMs, not just those held before May 6) * Several shareholders oppose resolutions at top UK firms * Kentz becomes first UK firm to have pay plan
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Advertising giant WPP on Thursday said its marketing communications network, Ogilvy & Mather, has acquired dnx, a UK-based B2B marketing agency. The agency will be merged with OgilvyOne's B2B division and Ogilvy Primary Contact, trading as OgilvyOne dnx. In the year ended June 30th 2013, dnx's re
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LONDON (Alliance News) - Media buying giant WPP PLC said Thursday that its wholly-owned marketing communications network, Ogilvy & Mather, has acquired dnx, a UK-based marketing agency. Under the acquisition, dnx will merge with OgilvyOne's B2B division and Ogilvy Primary Contact. The combi
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Petrofac, up 1.8%, and AstraZeneca, up 1.6%. The companies
Millward Brown, a wholly-owned operating company of advertising giant WPP, has agreed to acquire Daedalus Consulting, one of the largest market research companies in Romania. In 2013 its unaudited revenues totalled €3.5m, with gross assets of €1.2m at the year-end. WPP said: "With this acquisiti
Read moreLONDON (Alliance News) - Advertising and public relations giant WPP PLC Wednesday said its subsidiary Millward Brown has acquired Romanian market research agency Daedalus for an undisclosed fee. WPP said the acquisition of Bucharest-based Daedalus will provide Millward Brown with a presence
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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London Stock Exchange Group, up 2.4%. The group said its full-year revenue r
Advertising and media giant WPP has taken a majority stake in The Volcano Group, a South African advertising and communications company. The acquisition, made by WPP's wholly-owned marketing communications agency Grey, "continues WPP's strategy of developing its services in fast-growing and importa
Read moreLONDON (Alliance News) - Media buying giant WPP PLC Thursday said its marketing communications agency Grey has agreed to buy a majority stake in South African advertising and communications company The Volcano Group. WPP didn''t give any financial details for the deal, but said Volcano, whi
Read moreShares in broadcaster ITV dropped by nearly six per cent on Wednesday after the company underwhelmed with a first-quarter update, dragging the UK wider media sector lower. The company more or less met analysts' forecasts with total external revenues up 2% to £585m in the first three months of its f
Read moreAtkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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GOLDMAN RAISES WPP PRICE TARGET TO 1555 (1540) PENCE - 'BUY'
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BERNSTEIN RAISES RSA INSURANCE PRICE TARGET TO
* Merger of equals founders over power struggle - Levy * Tax, regulatory issues had held up closing * Analysts see tougher times, M&A ahead for ad sector (Adds remarks from Omnicom executives from call) By Anjuli Davies, Soyoung Kim and Leila Abboud LONDON/NEW YORK/PARIS
Read more(Corrects paragraph 3 to show Omnicom CEO as John Wren, not John Levy) * Merger of equals founders over power struggle - Levy * Tax, regulatory issues had held up closing * Analysts see tougher times, M&A ahead for ad sector By Anjuli Davies, Soyoung Kim and Leila AbboudRead more
- Petrofac delivers profit warning, IAG and Friends Life fall - Stocks pull back from recent highs - Chinese inflation slows to 18-month low techMARK 2,789.07 -0.65% FTSE 100 6,817.83 -0.31% FTSE 250 15,908.47 -0.38% UK stocks retreated from a near 11-week high on Friday with a raft of disappointi
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