WPP acquires stake in Brazilian digital agency
4th Sep 2014 09:19
Advertising and marketing colossus WPP has added to its interests in Brazil with the acquisition of a majority stake in "user experience" agency Try. São Paulo-based Try, also known as Cairos Usabilidade Eireli, designs and develops custom web, mobile, desktop and touch-enabled applications for cli
Read moreWPP subsidiary acquires South African e-commerce tech firm
1st Sep 2014 14:16
Aqua, the digital agency majority-owned by FTSE 100-listed WPP, has acquired Applogix, a marketing and e-commerce technology company in South Africa. The firm, which employs around 20 people, provides a range of services, including web and mobile application build, front-end development, e-commerce
Read moreGeopolitical tension could hurt world's economy, warns WPP's chief
26th Aug 2014 17:01
The ongoing conflicts between Ukraine and Russia and the geopolitical threats in the Middle East are a serious threat to the world's economy, according to WPP's boss Sir Martin Sorrell. WPP, the world's largest advertising group, saw its pre-tax profit rise to £532m in the first six months of 2014,
Read moreLondon open: FTSE tracks gains in US
26th Aug 2014 09:26
- Jackson hole comments drive gains - S&P 500 surpasses 2,000 - Bunzl, WPP gain techMARK 2,828.25 +0.18% FTSE 100 6,800.64 +0.37% FTSE 250 15,924.69 +0.27% London's blue chips delivered decent gains on Tuesday morning as they followed in the steps of US stocks, which on Monday night were driven hi
Read moreWPP makes double acquisition
26th Aug 2014 09:04
Advertising, media and communications giant WPP on Tuesday said its wholly-owned operating company, Millward Brown, has acquired US firm InsightExpress. The business, which supplies media analytics and marketing accountability packages, will be combined with Millward Brown Digital, the company's
Read moreWPP interims slightly ahead of expectations despite FX
26th Aug 2014 08:44
Media and public relations conglomerate WPP posted interim results slightly ahead of expectations, although it continued to take a hit from the strong pound. Pre-tax profit was £491m, up 15% compared to £427m in the same period in 2013. Revenue came in at £5.469bn, up 2.7% from £5.327bn a year ear
Read moreWPP subsidiary Possible acquires US-based mobile developer
6th Aug 2014 12:16
WPP has taken another step forward in strengthening its digital media portfolio after announcing its subsidiary Possible has acquired US-based mobile developer Double Encore. The advertising and media giant did not release any financial details regarding the acquisition which is expected to add to
Read moreWPP subsidiary Kantar invests in London-based analytics group
24th Jul 2014 09:57
WPP took another step forward in strengthening its digital media portfolio after announcing its subsidiary Kantar has invested in London-based market research firm ZappiStore. The PR giant now holds a stake in the analytics group, which was launched in 2013, as an automated data collection through
Read moreWPP subsidiary acquires majority stake in EXP
11th Jul 2014 12:30
WPP's subsidiary Scangroup has acquired a majority stake in pan-African marketing group EXP as part of its strategy to develop its business across the continent. The group did not reveal any financial details of the acquisition but announced that the completion of the transaction is dependent on va
Read moreWPP's Kantar acquires digital agency from Guardian News and Media
2nd Jul 2014 12:05
Kantar, the data investment management arm of advertising and PR giant WPP, has acquired Guardian Digital Agency (GDA), a specialist data visualisation and interactive development agency that was previously part of Guardian News and Media Group. The business, with which a number of Kantar-owned co
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
Read moreWPP gross margins decline
25th Jun 2014 12:20
A 2.5% decline in gross margin during the first five months of the year sent shares in advertising giant WPP lower on Wednesday, as "demanding" markets persisted in western continental Europe. Although reported gross margin was down 2.5% at £3.908bn, it was up 5.9% in constant currency and 4% highe
Read moreWednesday newspaper round-up: Bank of England, US oil, RBS
25th Jun 2014 07:31
Bankers seized on fresh evidence that the housing market may be starting to cool to urge the Bank of England to stay its hand and refrain from widely expected curbs on mortgage lending tomorrow. The British Bankers' Association described new data yesterday showing that mortgage approvals fell for th
Read moreWPP subsidiary acquires stake in Vietnamese digital agency
19th Jun 2014 10:20
Advertising group WPP on Thursday announced that its wholly-owned operating company, XM Asia, has signed a deal to acquire a majority stake in Sofresh, a digital agency in Vietnam. The firm, which was founded in 2007, develops digital strategies, ideas and campaigns, and builds e-commerce platforms
Read moreLondon close: FTSE ends modestly higher ahead of Fed statement
18th Jun 2014 16:59
- All eyes on Fed - Unanimous vote by BoE MPC - Investors poised for "imminent" takeover bid techMARK 2,804.94 +0.37% FTSE 100 6,778.56 +0.17% FTSE 250 15,624.20 +0.25% The FTSE ended today's session higher ahead of the latest statement release by the Federal Reserve and following the publication
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