Tag Archives: Goldman Sachs

Goldman Sachs says WPP’s Read is on the right track

The mighty Goldman Sachs has directed some welcome intelligence (if that’s what it is) WPP’s way, saying the marcoms group stands to benefit as “some large advertisers” step up their marketing efforts. It says its shares, currently 960p, should benefit ...

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What does Goldman have in mind for its stake in MDC?

MDC Partners has moved to avert a fate verging on death – the quoted agency group has liabilities of $2.09bn and assets of just $1.6bn – by agreeing to sell a 15 per cent stake to Goldman Sachs for around ...

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Is agency giant Omnicom really a white boys’ club?

That’s the implication of a dispute going on in New York where the city’s $118bn public pension funds have asked the investment banks and ad agency groups they invest in to disclose information about the racial and social gender of ...

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Clever Interpublic reveals $200m stake in Facebook

Agencies usually fret about paying the right price for shares in or control of trendy new media companies; Omnicom came unstuck in the dotcom boom of 2001 by overpaying for things it didn’t really understand. But now Interpublic, the fourth-largest ...

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Goldman Sachs investment says Facebook is worth $50bn

Or so the BBC (and the Financial Times and New York Times) seem to think. Top investment bank Goldman Sachs (the global economy’s version of Paddy Power) has stuck a load of its own money into Facebook stock (or options) ...

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The world this week: Libs shake up UK, Microsoft and co post strong earnings, Obama slams ‘batallions’ of lobbyists

**This must be terribly boring for readers outside the UK but there just might be a sea change going in British elections. Thanks to the televised debates between the three main UK political party leaders the old consensus of a ...

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