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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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July 24, 2014
11:09 EDTPUBGYElliott to call on Interpublic to sell to rival, DealBook says
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July 22, 2014
06:19 EDTPUBGYPublicis says might miss FY sales growth target, WSJ reports
Maurice Levy, the CEO of Publicis, says the company may not be able to achieve its FY sales growth target of 4% or more organic revenue growth, the Wall Street Journal reports. Levy says the group's performance has been affected by teams "at times being distracted" by plans to merge with Omnicom (OMC). Publicis and Omnicom called off their proposed $35B merger in May. Reference Link
July 18, 2014
07:10 EDTTEFTelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
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July 16, 2014
12:50 EDTTEFTelefonica approves sale of bonds exchangeable into Telecom Italia shares
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07:24 EDTWPPGYSiemer & Associates to hold a summit
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July 14, 2014
14:58 EDTTEFKKR mulls sale of German telco Versatel, WSJ says
Private equity firm KKR (KKR) is thinking about selling its German telecommunications company Versatel GmbH, says the Wall Street Journal. If a sale process is initiated it may open the door to bids from UK's Vodafone (VOD) or potentially Telefónica (TEF), added the Wall Street Journal. Reference Link
July 11, 2014
11:02 EDTTEFTelefonica readying sale of Telecom Italia stake, Folha de Sao Paulo says
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