WPP's Kantar Media invests in data analytics business
28th Jul 2015 15:50
(ShareCast News) - WPP's subsidiary Kantar Media has invested in data analytics firm BIScience. BIScience's global coverage spans 60 geographies and the company provides cross-channel intelligence and analytics for display, mobile, video and programmatic media. It's based in Tel Aviv with an office
Read moreWPP strengthens digital interests in Turkey with agency acquisition
20th Jul 2015 10:45
(ShareCast News) - WPP has expanded its digital marketing interests in Turkey with the acquisition of a majority stake in Istanbul-based Directcomm Marketing for an undisclosed sum. Directcomm, which specialises in digital marketing, customer relationship management, events and social media, has 700
Read moreWPP offers buying opportunity for Nomura ahead of results
16th Jul 2015 14:38
(ShareCast News) - There are now four reasons to buy media colossus WPP, said Nomura, in light of the sector's underperformance against the European benchmark Stoxx 600 index by 4% since May. Investor concerns have been dominated by the $20bn of account reviews due and relatively weak recent recent
Read moreLondon close: Footsie bounces back, small caps underperform
9th Jul 2015 16:50
A motley assortment of airlines, financials and homebuilders paced gains on Thursday, after a bounce in Chinese stockmarkets relieved some of the recent selling pressure. Nevertheless, China and Greece were not far from traders' minds, particularly the latter ahead of fresh reform proposals from of
Read moreLondon open: Miners pace gains as Shanghai stocks bounce
9th Jul 2015 08:46
Miners led the top flight index higher thanks to an overnight bounce in Chinese equities, and as traders awaited fresh reform proposals out of Athens, due by midnight. As of 0836 BST the FTSE 100 was higher by 42.18 points to reach 6,532.06, while the Shanghai Stock Exchange's composite index closed
Read moreWPP reportedly teams up with General Atlantic to bid for Tesco Clubcard business
9th Jul 2015 07:33
Advertising agency WPP has reportedly teamed up with private equity firm General Atlantic to bid for Tesco's loyalty card business, Dunnhumby. According to Bloomberg, the two firms are among those who submitted offers last week for the business. It cited people familiar with the matter as saying tha
Read moreLondon pre-open: Stocks to edge higher as Chinese equities bounce
9th Jul 2015 07:21
Stocks were being called to start the session marginally higher thanks to an overnight bounce in Chinese equities as traders awaited fresh reform proposals out of Athens, possibly as soon as today. The Shanghai Stock Exchange's composite index was rising 6.71% to 3,742.38 points as of 07:14. Noneth
Read moreWPP's Commarco takes share of German PR firm
7th Jul 2015 09:38
Advertising Group WPP has taken a majority interest in Hamburg based Nicole Weber Communications. No purchase price was disclosed for the acquisition, made through WPP's German based marketing network Commarco GmbH. WPP said PR firm focused on lifestyle industries, employed 30 people and had gross
Read moreAppNexus considering market debut next year
5th Jul 2015 16:07
AppNexus, the online advertising group in which WPP is major investor, is said to be considering a market flotation next year. The Sunday Times wrote that the company, which operates a software platform that connects internet sites and advertisers, is planning to list on the American stock exchange
Read moreSunday newspaper round-up: Energy and financial regulators, Sainsbury's and Supergroup
5th Jul 2015 16:03
The Big Six energy firms are expected to escape demands for a major break-up when the Competition and Markets Authority (CMA) this week announces the results of its lengthy review into competition in the industry. The competition regulator is expected to say that the vertical integration structure u
Read moreThursday broker round-up
25th Jun 2015 16:55
ARM Holdings: Credit Suisse upgrades to outperform with a target of 1,300p. Admiral Group: Citi downgrades to sell with 1,335p target. Antofagasta: Stifel initiates at hold. Bellway: Jefferies upgrades to buy and raises target to 2,997p from 2,542p. LSE Group: RBS upgrades to outperform. Petrofa
Read moreWPP takes over Dutch media and marketing business
18th Jun 2015 08:20
GroupM, the media investment management arm of advertising and media giant WPP, has bought Dutch business Greenhouse Group. The acquired company provides digital media and marketing services through its four operating companies: online market agencies Blue Mango Interactive and Fresh Fruit Digital,
Read moreWPP raises stake in TechEdge to 49% from 20%
17th Jun 2015 14:15
Advertising agency WPP said on Wednesday that it has increased its stake in Denmark-based software supplier TechEdge to 49% from 20%. TechEdge's unaudited net sales for the year ended 31 December 2014 were around $13.6m, with gross assets at approximately $6.3m. TechEdge licenses a range of softwar
Read moreWPP's GroupM buys New Zealand media agency
17th Jun 2015 09:20
Advertising agency WPP announced on Wednesday that its GroupM operating company has bought New Zealand-based media agency Chemistry Media for an undisclosed sum. Chemistry Media is a media planning and buying agency with operations in Auckland and Wellington. Its key clients include Bank of New Zeal
Read moreWPP acquires 'significant' minority stake in Hirschen Group
16th Jun 2015 10:12
Advertising and PR giant WPP has reached an agreement to acquire a "significant" minority stake in German independent agent Hirschen Group GmbH for an undisclosed amount. The FTSE 100 group said its J Walter Thompson agency will partner with Hirschen following the acquisition, adding that existing t
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