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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:09 EDTWPPGY, PUBGY, OMCWPP looks to benefit further as rivals' deal with failed merger, WSJ says
WPP (WPPGY) successfully focused on winning clients and nabbing talent from its two biggest rivals, Omnicom Group (OMC) and Publicis Groupe (PUBGY), during the 10 months in which they negotiated over their merger that ultimately failed, and WPP CEO Martin Sorrell is hoping his firm can benefit even further in the aftermath, reported The Wall Street Journal. Reference Link
News For WPPGY;OMC;PUBGY From The Last 14 Days
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March 23, 2015
09:01 EDTWPPGYOgilvy & Mather and Hogarth Worldwide announce global production agreement
Ogilvy & Mather announced that it has come together with Hogarth Worldwide, a sister WPP company, to launch H&O - a new company that aims to bring the resources and technology together.
March 17, 2015
11:38 EDTWPPGYWPP CEO confirms interest in Tesco Dunnhumby unit, City A.M. says
WPP (WPPGY) CEO Martin Sorrell confirmed the company is interested in acquiring Tesco's (TSCDY) Dunnhumby data unit, estimated to be worth as much as $2B, reports City A.M., citing statements given at the Media & Telecoms conference in London. Sorrell noted he was specifically interested in the company's Clubcard loyalty program. Tesco is likely to pursue a majority stake selloff rather than full divestiture, notes the article. Reference Link
March 16, 2015
07:16 EDTWPPGYConsumer Analyst Group of Europe to hold a conference
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06:54 EDTWPPGYWPP in race to buy majority stake in Dunnhumby, Telegraph reports
According to sources, WPP PLC (WPPGY) has entered the race to buy a majority stake in Tesco (TSCDY)-owned consumer behavior tracker Dunnhumby, The Telegraph reports. Dunnhumby could be valued at up to GBP2B, the publication says. Reference Link

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