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The FTSE 100 advertising giant WPP has reported champion revenues and profits as the company gears up for Olympic year. The so called "maxi-quadrennial" events of the London Olympics, the Euro 2012 football championships and the US Presidential election are whetting the appetite of WPP's high profi
1 Mar 12 07:20Advertising firms are often said to be first into a recession, and among the last out, so results from the giant of the UK industry, WPP, could give a good clue as to which way the economic winds are blowing, and how strongly. The market has pencilled in a figure of £9,939m for revenue and £1,115m
29 Feb 12 16:02Acquisitive advertising conglomerate WPP has announced that XM Asia, a division of WPP's wholly-owned operating company, JWT, has agreed to acquire a stake in Magnivate, a leading digital agency in Indonesia. Magnivate, which was founded in 2010, has clients which include Danone, Samsung and Unile
9 Feb 12 07:34Highly acquisitive media giant WPP has bought a majority stake in Union Media, a Israeli media investment management agency. Union, based in Tel Aviv, employs 30 people and has clients including Abbott, Kika, Orange, Strauss Group and Teva. The acquisition of a 75% stake in the company was made on
26 Jan 12 07:06London's Footsie opened slightly higher on Wednesday morning with the mood boosted by last night's strong showing from US tech giant Apple. In UK news, a raft of economic data is due out this morning, including the minutes from the January meeting of the Bank of England's Monetary Policy Committee
25 Jan 12 08:39City sources predict the FTSE 100 will open up 15 points from yesterday's close of 5,752, boosted by an excellent quarterly report from technology giant Apple, announced after last night's trading close. Newsagent WH Smith said trading in the 21 weeks to January 21st was resilient, with profit gro
25 Jan 12 07:28Media giant WPP has purchased a majority stake in a newly incorporated Jordanian company which will acquire the assets of marketing communications firm IDEA. JWT, WPP's advertising and communications division, has been an affiliate with IDEA for the last seven years. After WPP buys a 51% interest i
25 Jan 12 07:01Acquisitive advertising conglomerate WPP has clocked up its fifth acquisition of 2012 after purchasing a further 25.1% stake in communications firm PBN Company. WPP originally acquired a 49.9% stake in PBN in 2007 through its wholly-owned operating company, Hill+Knowlton Strategies. . PBN will comb
23 Jan 12 08:15- Greek talks still in progress. - RBS taps ECB emergency facility. - Vodafone up on Indian tax ruling. The Footsie was rather flat at midday, after swinging between gains and losses in the mid-morning session. Neverthess, the blue chip index was trading within a narrow range with just 26 points se
20 Jan 12 11:57The Footsie opened flat on Friday morning, with a rise in the banking sector being offset by resource stocks. The blue chip index nudged just a few points lower to 5,738 in early trading, following yesterday's 0.7% rise on the back of strong macro data and an improving outlook in the Eurozone. In o
20 Jan 12 08:28City sources predict the FTSE 100 will open up 4 points from yesterday's close of 5,741, holding on to yesterday's last minute gains which came after investors got a boost on news of better-than-expected economic data from the US, talks of progress between the Greek government and private creditors,
20 Jan 12 07:23WPP, the media titan headed by Sir Martin Sorrell, has already made its fourth acquisition of 2012 with the purchase of a majority equity stake in Finnish communications agency Viestintätoimisto Pohjoisranta Oy (Pohjoisranta) The Helsinki-based firm has been an exclusive affiliate partner in Finlan
20 Jan 12 07:00Acquisitive advertising conglomerate WPP announces that its wholly owned operating company, Ogilvy, a global marketing communications group, has acquired a 33.33% stake in the capital of DTDigital, a digital marketing firm in Australia. DTDigital's unaudited gross revenues as at December 31st 201
18 Jan 12 10:43jh
17 Jan 12 07:13After a subdued start, the Footsie seems to have found its direction, trading up near the 5,700 level, helped by the latest Italian and Spanish debt auctions which saw solid demand and a fall in yields. Italy has sold a total of €12bn in bills, with yields on its 12-month debt falling to 2.74% from
12 Jan 12 11:58
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