Sunday newspaper round-up: Budget, Sainsbury's, Virgin Media, Reuters
13th Mar 2016 15:18
(ShareCast News) - George Osborne look to grab as much as £20bn to fill shortfalls in his Budget this Wednesday, making deep cuts in public spending, an increased insurance premium tax and other new or increased duties and taxes, while also looking to cut taxes for North Sea oil producers. The Sunda
Read moreDirector dealings: Dotdigital board sell shares to satisfy institutional demand
8th Mar 2016 15:56
(ShareCast News) - Four directors of Dotdigital Group have sold more than £1.6m worth of shares in the company, which they said was to satisfy institutional demand for the tightly held software company's stock. Co-founder Ian "Tink" Taylor, currently non-executive president of the group and chief op
Read moreWPP says revenue and sales grew "well over 3%" in February
8th Mar 2016 07:58
(ShareCast News) - Advertising agency WPP put out a brief update on its February performance in response to demand from a number of investors and analysts. The company, which reported its full year results last Friday, said like-for-like revenue and net sales growth were both "well over 3%" last mon
Read moreWPP buys majority stake in London-based digital agency Potato
7th Mar 2016 10:05
(ShareCast News) - Media agency WPP has acquired a majority stake in the holding company of digital agency Potato through its digital services agency, AKQA. London-based Potato, whose clients include Google and Canon, specialises in designing and building complex, secure and scalable web application
Read moreWPP keeps income steady in 30th year despite wild currency fluctuations
4th Mar 2016 07:36
(ShareCast News) - WPP celebrated its 30th birthday in style in 2015, with another record year of results despite strong currency headwinds. Reported billings at the advertising and public relations firm were up 3.1% to £47.63bn in its preliminary results on Friday, though the revenue results were m
Read moreLondon pre-open: Stocks seen higher as investors eye payrolls
4th Mar 2016 07:13
(ShareCast News) - London stocks are expected to open higher on Friday following positive finishes in the US and Asia, as investors await the release of the all-important nonfarm payrolls. The FTSE 100 is seen starting 24 points higher than Thursday's close at 6,154. The payrolls report and the une
Read moreWPP buys marketing analytics group and sports consultancy
29th Feb 2016 07:41
(ShareCast News) - Media giant WPP announced the acquisitions of an India-based marketing analytics company and a Swiss sports consultancy. The company's operating network Millward Brown, which specialises in brand, media and communications research, has agreed to acquire the business operations of
Read moreWPP buys stake in Brazilian marketing agency
18th Feb 2016 11:14
(ShareCast News) - Media agency WPP's wholly-owned operating company Ogilvy has acquired a majority stake in Brazilian online social and content marketing agency 3yz Marketing Digital. 3yz, whose clients include RBS and Reebok, will be part of Ogilvy Group Brazil, which includes such operating compa
Read moreInvestec downgrades WPP to 'hold'
8th Feb 2016 11:37
(ShareCast News) - Investec downgraded WPP to 'hold' from 'add' and cut the price target to 1,380p from 1,480p, pointing to increased risk to global GDP expectations, "whether perceived or real is yet to be decided." The brokerage said shares have held up well given WPP's position as a global market
Read moreWPP adds another app developer
1st Feb 2016 16:22
(ShareCast News) - WPP has snapped up its second mobile app developer in as many weeks, acquiring US healthcare specialist The Lathe for an undisclosed sum. New York-based Lathe, which also offers digital design services, has built up a client roster that includes Bayer, Health Brand Group and Roche
Read moreWPP snaps up US app developer
27th Jan 2016 13:22
(ShareCast News) - WPP has acquired US mobile app developer ArcTouch Inc, which has developed smartphone and tablet computer apps for the likes of Audi, CBS, Yahoo and Saleforce. ArcTouch, which has offices in San Francisco and Florianopolis, Brazil, will become part of WPP's Grey marketing commu
Read moreWPP buys majority stake in German digital agency
22nd Jan 2016 07:33
(ShareCast News) - WPP's global digital agency POSSIBLE Worldwide has agreed to acquire a majority stake in Conrad Caine GmbH, a full service German digital agency, for an undisclosed sum. Conrad Caine, which is headquartered in Munich with offices in Brazil and Argentina, delivers digital strategy,
Read moreWPP's Cohn & Wolfe buys majority stake in Brazilian PR firm
18th Jan 2016 12:02
(ShareCast News) - WPP's wholly-owned communications agency, Cohn &Wolfe, has bought a majority interest in Brazilian public relations group Máquina for an undisclosed sum. The advertising agency said Máquina's gross revenues for the year ended December 2014 were 60m Brazilian reals (£10.4m) with gr
Read moreWPP buys majority stake in Latino digital content creator Mitú
13th Jan 2016 14:02
(ShareCast News) - WPP's investment arm has acquired a minority interest in online Hispanic-focused digital content creator Mitú for an undisclosed sum. Santa Monica-based Mitú, which caters to young Latino audiences in the US and Latin America, counts America Movil, Kia, MillerCoors, NBCUniversal a
Read moreWPP Group expands South Korea interests
6th Jan 2016 07:21
(ShareCast News) - WPP Group - through its wholly-owned Grey Group subsidiary - expanded its Asia operation on Wednesday, with the purchase of a majority stake in Vinyl-I Co. The FTSE 100 advertising and communications agency reported its purchase to the market by describing Vinyl-I as "a leading cr
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