Finance

Apple knocks Google off top spot in BrandZ survey

Millward Brown’s Brandz survey tries to combine image and financial performance for its rankings so Apple has surged 84 per cent over the past year to knock Google off the top spot with a brand valuation of $153bn (its market ...

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Facebook now worth $100bn as ad revenue heads for $4bn

The only commercial doubt over Facebook was the challenge of converting its humungous global numbers – 500m users and rising – into cash. But now researcher eMarketer says that its ad revenue will hit $4.05bn this year (very precise), up ...

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CBS puts for sale sign on outdoor, banks on Olympics boost

Of course the second is only relevant if the first, selling the outdoor business, doesn’t happen. CBS CEO Les Moonves said last night that he hadn’t yet had a call from French outdoor giant JC Decaux wanting to buy the ...

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Thorntons’ bad results show the UK is finally tiring of Easter eggs

And not before time for these over-priced, over-packaged confections comprising remarkably little chocolate. It’s tough on UK chocolate independent Thorntons of course, whose task in keeping its end up in the UK High Street against the likes of Kraft/Cadbury and ...

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WPP’s Sir Martin Sorrell scraps £100m limit on acquisitions

WPP CEO Sir Martin Sorrell has scrapped his self-imposed £100m a year spending limit on acquisitions in the wake of reporting (mildy) better than expected growth in the first quarter of 2011 and a reduction in WPP’s debt from £3.1bn ...

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Interpublic posts ten per cent first quarter growth but still loses $48m

The calamitous fortunes of marcoms company Interpublic in recent years are still apparent, with the company declaring a first quarter loss of $48m (down from $71.5m) even though its revenues increased 10.3 per cent to $1.47bn. Interpublic claimed organic growth ...

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