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LONDON (Alliance News) - Media buying giant WPP PLC Monday said its Hill+Knowlton Strategies communications consultancy has struck a deal to buy digital creative agency Rice5. Rice5 has offices in Hong Kong and Shanghai and made revenues of HKD16.6 million in 2013. It also bought prod
Read moreLONDON (Alliance News) - Media buying giant WPP PLC Monday said its Hill+Knowlton Strategies communications consultancy has struck a deal to buy digital creative agency Rice5. The company didn't provide any financial details. Rice5 has offices in Hong Kong and Shanghai and made revenu
Read moreLONDON (Alliance News) - Media buying giant WPP PLC Monday said its Hill+Knowlton Strategies communications consultancy has struck a deal to buy digital creative agency Rice5. The company didn't provide any financial details. Rice5 has offices in Hong Kong and Shanghai and made revenu
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Aberdeen Asset Management declined on the back of Credit Suisse's decision to cut its target price on the stock from 470p to 415p, reiterating its 'neutral' rating. WPP climbed after announcing its fourth acquisition of the week. Today saw the group reveal that its wholly-owned operating company,
Read moreLONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i
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
Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S
LONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Babcock International Group PLC said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustri
LONDON (Alliance News) - WPP PLC said Thursday it will acquire a majority stake in Indian social media agency Social Wavelength via its wholly-owned operating company JWT. Social Wavelength is head-quartered in Mumbai, and posted revenues of INR91.5 million for the year ended March 31, 2013
Read moreWPP's wholly-owned operating company, JWT, is set to acquire a majority stake in Social Wavelength, an Indian social media agency. Social Wavelength, which employs more than 170 people, marks the group's fifth acquisition in India in the last four years. In the year ended March 31st 2013, the busi
Read moreLONDON (Alliance News) - RSA Insurance Group Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.
LONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.
Europe's largest home improvement retailer Kingfisher gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu
LONDON (Alliance News) - British advertising and public relations giant WPP PLC said Tuesday that it will acquired Chinese marketing services company XMKT Group. XMKT is head quartered in Shanghai, and has clients including Diageo and Uniqlo. In the year ended December 31, 2013, it had rev
Read moreIn what is so far proving to be an acquisition-heavy week for the group, WPP announced it has agreed to acquire XMKT Group, a marketing services agency specialising in customer experience management. The firm, whose clients include Diageo and Uniqlo, is headquartered in Shanghai and employs approx
Read moreLONDON (Alliance News) - Metals and minerals producer Centamin is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.
Centamin said pretax profit f
LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.
Kentz Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di
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