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Stock Market & Financial Investment News

News Breaks
July 3, 2014
11:24 EDTPUBGY, TEF, WPPGYPublicis awarded global tender by Telefonica
Telefonica (TEF) announced it has awarded the global tender for a media agency to Publicis Group (PUBGY) for the next five years, after a process of analysis and evaluation over the last five months, in which the 16 countries that Telefonica Group will apply the contract to all took part. Telefonica noted that it called six global agencies, four of which took part in the tender, including Publicis, Dentsu, Havas, and WPP (WPPGY). Publicis Group, which already collaborates in the United Kingdom, Germany and countries in Latin America, obtained the maximum number of points, and from next year will thus be the Global Agency to channel Telefonica’s investment in the media. Up to January 1, when the contract with Publicis comes into force, Telefonica said it will keep on working with Arena of Grupo Havas and MindShare of Grupo WPP in Spain and Argentina, respectively.
News For PUBGY;TEF;WPPGY From The Last 14 Days
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October 31, 2014
08:44 EDTWPPGY, PUBGYWPP CEO says AppNexus stake leaves rivals 'nowhere to go,' BI reports
WPP (WPPGY) CEO Martin Sorrell boldly proclaimed on the company's Q3 earnings call that his company's investment in ad technology company AppNexus has caused a "considerable amount of consternation and disruption" in the industry and left its rivals Publicis (PUBGY) and Omnicom (OMC) with "nowhere to go" to ramp up their competition in the online advertising space, according to Business Insider. Reference Link
07:13 EDTWPPGYWPP PLC sees FY14 'like-for-like' net sales growth over 3.0%
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07:11 EDTWPPGYWPP PLC says FY15 could be 'another reasonable year' for industry
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07:10 EDTWPPGYWPP PLC says overall pattern for FY14 looks 'very similar' to FY13
07:09 EDTWPPGYWPP PLC sees headline EPS growth 10%-15% in the long-term
07:05 EDTWPPGYWPP PLC reaffirms long-term targets
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07:03 EDTWPPGYWPP PLC reports Q3 revenue $4.609B, may not compare to consensus $17.1B.
October 28, 2014
12:59 EDTPUBGYPublicis acquires RUN, terms not disclosed
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October 23, 2014
06:36 EDTPUBGYPublicis CEO takes blame for disappointing results, Business Insider reports
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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