Finance

WPP motors ahead in Q3 but data business still disappoints

WPP has posted reasonably strong numbers in Q3, with like-for-like revenue up 4.6 per cent and net sales up 3.3 per cent – both slightly below target but pretty creditable given the headwinds the company has faced in its preferred ...

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The perils of multinational life – IPG’s Lowe hopes it’s capped its legal and financial problems in Brazil

IPG’s Mullen Lowe seems to have settled its rather embarrassing legal problems in Brazil, closing its Brasilia office in the process. Former Borghi/Lowe executive Ricardo Hoffman has been indicted for making payments to a Brazilian congressman through shell companies owned ...

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International deals drive 2015 marcoms takeover trends

New Research by specialist marcoms M&A firm Results International shows that the number of global marcoms deals completed in Q3 2015 rose by seven per cent from Q2 (264 deals in Jul-Sep compared to 246 in Apr-Jun). This has been ...

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Markets hammer Publicis as organic growth dries up

Is Publicis Groupe now a medium-sized digital consultancy (in global terms) with some creative and media agencies attached? Shares in Publicis tumbled yesterday as it reported little or no organic growth in Q3 even though earnings rose 33 per cent ...

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Strong Q3 performance boosts IPG comeback story

Interpublic (IPG) appears to be outstripping US rival Omnicom, judging by the two companies’ Q3 results. Omnicom Group’s worldwide revenue dropped by 1.1 per cent to $3.7 billion in the third quarter of 2015, compared with the same period last ...

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US advertisers call in Jules Kroll’s K2 to investigate undisclosed media rebates

The US Association of National Advertisers is calling in the heavies to investigate the vexed issue of undisclosed media rebates. It’s hired auditor Ebiquity and sister company Firm decisions – fair enough, that’s what they do. But also K2 Intelligence ...

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