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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
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LONDON (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
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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WPP, up 0.5%. Shares in the media buying giant have risen after France-based P
- Petrofac drops after profit warning - FTSE 100 pulls back from highest since Feb 24th - IAG impresses with first quarter, Friends Life falls techMARK 2,792.72 -0.52% FTSE 100 6,823.10 -0.24% FTSE 250 15,899.90 -0.43% UK stocks pulled back from its highest level in nearly 11 weeks on Friday morni
Read moreMay 8 (Reuters) - The proposed $35 billion merger between Omnicom Group Inc, the No. 1 U.S. advertising company, and French rival Publicis Groupe SA has been called off, the New York Times reported on Thursday, citing people briefed on the matter. The boards of both companies met on Thursda
Read moreLONDON (Alliance News) - WPP PLC Wednesday said that Kantar, its wholly-owned data investment management arm, has sold Center Partners in the US to Qualfon Inc. The media buying giant said Center Partners is a customer sales and support company which made revenue of almost USD110 million in
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