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- 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
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May 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
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LONDON (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
Read moreAdvertising and public relations company WPP has added Quirk, a digital marketing agency, to its long list of subsidiaries. Quirk, which employs 200 people, is the largest agency of its kind in Africa. Its clients include Distell, Capitec Bank, Woolworths, Caltex and Tyco. In the 12 months ended
Read moreLONDON (Alliance News) - AstraZeneca Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few
Read moreLONDON (Alliance News) - Media buying giant WPP PLC Tuesday said it has agreed to buy Quirk, South Africa's largest independently-owned digital marketing agency. It didn't provide any financial details for the acquisition. Quirk has five agencies in Africa and in London, and employs 2
Read moreRBS pleased investors after saying that pre-tax profit surged to 1.64bn pounds in the first three months of 2013, up from 826m pounds the year before and ahead of forecasts. This came despite a 2% fall in income to £5.05bn, as expenses fell 6% and impairment losses dropped 65%."The first-quarter [
Read moreLONDON (Alliance News) - InterContinental Hotels Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter.
IHG's dividend comes after the firm completed two asset disposals
Communications services giant WPP has acquired mobile media agency and mobile technology company aMVG (Aerodon) to strengthen its capabilities in digital media. The Turkey-based media group, which was founded in 2002, provides services such as mobile marketing campaigns, loyalty platforms and appli
Read moreLONDON (Alliance News) - WPP PLC said Friday its media investment management company, GroupM, has acquired a majority stake in Turkish mobile media agency and mobile technology company, aMVG (Aerodeon). aMVG (Aerodeon) specialises in developing mobile media strategies and technologies. <
Read moreDomestic lender Lloyds rose into the top spot after saying that underlying profits rose by over a fifth in the first quarter and it continues to expect to apply to regulators in the second half to restart dividend payments. That came as it announced TSB bank is due to float in London before the end
Read moreCommunications services giant WPP has acquired Canadian creative digital marketing agency Twist Image Multimedia Inc.. In 2013 the firm generated unaudited revenues of CAD $13.4m, with year-end gross assets of almost CAD $6m. The company, which was founded in 2000, employs 100 people and include
Read moreLONDON (Alliance News) - WPP PLC said Thursday it has acquired Twist Image Multimedia Inc, a Canadian creative digital marketing agency. The media buying giant said the deal strengthens its position in Canada and continues its strategy of developing services in new markets and sectors and s
Read more(Repeats to additional subscribers, no change to text) * Merger delayed by tax, regulatory approvals * Publicis, Omnicom lost a string of contracts in April * Big Samsung contract also under review * Rivals seek to poach firms' top talent By Kate Holton, Jennifer Sab
Read more(Repeating to additional subscribers) * Merger delayed by tax, regulatory approvals * Publicis, Omnicom lost a string of contracts in April * Big Samsung contract also under review * Rivals seek to poach firms' top talent By Kate Holton, Jennifer Saba and Leila Abbou
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