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Aegis announces very little

This morning Aegis Group produced another trading statement that is the nearest thing to gobbledegook that a shareholder could ask for. The company summarised several paragraphs of random data with the words: “The results after nine months’ trading allow...

Posted Nov 19 2009, 10:23 AM by BOB WILLOTT with | with no comments

Filed under: Aegis, global groups, public companies, Royal SunAlliance Group

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Cossette board recommends alternative $132m offer

Cossette, the Canadian listed marketing group under siege from a company headed by its co-founder and former vice chairman François Duffar, is recommending its shareholders to support an alternative offer from the US private equity investment firm Mill...

Posted Nov 10 2009, 08:27 PM by BOB WILLOTT with | with 1 comment(s)

Filed under: Band & Brown, Cosmos Capital, Cossette, Dare Digital, Elvis Communications, global groups, Identica, Miles Calcraft Briginshaw Duffy, Mill Road Capital

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Dentsu consolidates all digital resources

Dentsu, the biggest listed Japanese marketing group, is to merge all it digital business resources under one umbrella company to be called Dentsu Digital Holdings (DDH) that will operate as a single digital agency. The move reflects a change in strategy...

Posted Nov 10 2009, 12:39 PM by BOB WILLOTT with | with no comments

Filed under: Cyber Communications, Dentsu, Dentsu Digital Holdings, global groups

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Cost-cutting at Dentsu boosts profit forecast

Dentsu, the leading Japanese listed marketing group, surprised the industry this morning by upgrading its profit forecast for the year to 31 March 2010 by 44% from ¥11.4 million (£76 million) to ¥16.4 million (£110 million). The increased profit is expected...

Posted Nov 06 2009, 03:02 PM by BOB WILLOTT with | with no comments

Filed under: Dentsu, global groups

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WPP revenues boosted by TNS and currency gains, but research still a drag

WPP Group revenues jumped by 24.5% in the nine months to 30 September as the company continued to benefit from the acquisition of Taylor Nelson Sofres last year. But among all WPP’s business categories, its research activities (which it now calls “consumer...

Posted Oct 30 2009, 09:10 AM by BOB WILLOTT with | with 1 comment(s)

Filed under: global groups, Havas, Interpublic, Omnicom, Publicis, Taylor Nelson Sofres, WPP Group

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Currency movements and digital business minimises Publicis revenue fall

Publicis Groupe was able to restrict its revenue decline to 2.3% in the first nine months of 2009 with the help of a €130 million windfall from favourable currency movements and a sizeable contribution from its digital activities. But despite positive...

Posted Oct 28 2009, 12:58 PM by BOB WILLOTT with | with 1 comment(s)

Filed under: global groups, Havas, Interpublic, Omnicom, Publicis

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MDC completes US$300m debt financing

MDC Partners, the Canadian listed marketing group that owns Crispin Porter & Bogusky, announced on Saturday (23 October) that it had successfully raised US$225 million in the form of senior unsecured notes repayable in 2016 and also entered into a...

Posted Oct 26 2009, 07:24 AM by BOB WILLOTT with | with 1 comment(s)

Filed under: Crispin Porter & Bogusky, global groups, MDC Partners

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Currency movements cushion Havas revenue fall

Favourable currency movements helped reduced the fall in revenue at the French-based global marketing group Havas for the nine months to 30 September. Revenues were E 1.026 billion - a fall of 8.2% from the corresponding period last year, much less than...

Posted Oct 25 2009, 02:12 PM by BOB WILLOTT with | with no comments

Filed under: global groups, Havas, Omnicom

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Surprisingly big fall in revenues and profit at LBi

The publicly listed European digital marketing and technology group LBi International reported a surprisingly disappointing performance for the third quarter of 2009 and year to date. Sales were down by 15.2% (or 13.2% after excluding adverse currency...

Posted Oct 22 2009, 09:23 AM by BOB WILLOTT with | with no comments

Filed under: Framfab, global groups, LBi

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Omnicom still feeling the pinch

Movements in currency exchange rates continued to eat into profits earned by Omnicom from the United Kingdom and continental Europe as the group today revealed a continuing double digit fall in revenues and profits for the third quarter and for the year...

Posted Oct 21 2009, 02:18 PM by BOB WILLOTT with | with no comments

Filed under: global groups, Omnicom

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MDC Partners to pay high price for increased debt after refinancing

Contrary to earlier indications Canadian listed marketing group MDC Partners will be paying interest at 11% on the new loan notes it is issuing - much higher than the coupon on some of the debt it is replacing. At the same time the total face value of...

Posted Oct 21 2009, 09:42 AM by BOB WILLOTT with | with 2 comment(s)

Filed under: Crispin Porter & Bogusky, global groups, MDC Partners

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MDC presents partial results to 30 September

In an astonishingly curtailed summary of its financial results for the nine months to 30 September, published today, Canadian listed marketing group MDC Partners announced that revenues were down by 9.9% for the year to date compared with the same period...

Posted Oct 19 2009, 08:04 PM by BOB WILLOTT with | with 2 comment(s)

Filed under: Crispin Porter & Bogusky, global groups, MDC Partners

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Cossette auction rumbles quietly on

The Canadian publicly listed marketing group Cossette announced on Friday that it had received “several written expressions of interest” in acquiring the company in response to its invitation for offers, all of such expressions being “financially superior...

Posted Oct 18 2009, 04:49 PM by BOB WILLOTT with | with 3 comment(s)

Filed under: Cosmos Capital, Cossette, Crispin Porter & Bogusky, global groups, MDC Partners

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Cossette still resisting Cosmos approach

Cossette, the Canadian listed marketing group with substantial interests in the UK, gave another brush-off yesterday to attempts by former vice chairman François Duffar to acquire the business (see Cossette actively seeking other suitors ). With undisguised...

Posted Sep 09 2009, 10:38 AM by BOB WILLOTT with | with 1 comment(s)

Filed under: Band & Brown, Cosmos Capital, Cossette, Dare Digital, Elvis Communications, global groups, Identica, Miles Calcraft Briginshaw Duffy

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Dentsu executives surrender slice of pay

Senior executives of the biggest Japanese marketing group Dentsu will be forfeiting between 5% and 15% of their pay entitlement for the rest of the company's financial year in the belief that "harsh operating conditions are going to persist for...

Posted Sep 07 2009, 10:10 AM by BOB WILLOTT with | with no comments

Filed under: Dentsu, global groups

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Aegis announces very little

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Cossette board recommends alternative $132m offer

Tag Filter

Dentsu consolidates all digital resources

Tag Filter

Cost-cutting at Dentsu boosts profit forecast

Tag Filter

WPP revenues boosted by TNS and currency gains, but research still a drag

Tag Filter

Currency movements and digital business minimises Publicis revenue fall

Tag Filter

MDC completes US$300m debt financing

Tag Filter

Currency movements cushion Havas revenue fall

Tag Filter

Surprisingly big fall in revenues and profit at LBi

Tag Filter

Omnicom still feeling the pinch

Tag Filter

MDC Partners to pay high price for increased debt after refinancing

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MDC presents partial results to 30 September

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Cossette auction rumbles quietly on

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Cossette still resisting Cosmos approach

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Dentsu executives surrender slice of pay