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Stock Market & Financial Investment News

News Breaks
December 31, 2012
05:51 EDTPUBGY, WPPGY, MDCAAd agencies face budget cuts over fiscal cliff, WSJ reports
Advertising agencies could see budget cutbacks as the fiscal cliff affects advertisers, reports the Wall Street Journal. Without a Congressional budget deal, there will likely be "further belt tightening" in the advertising and media business, said Laura Desmond, CEO of Starcom MediaVest, a media buying giant owned by Publicis Groupe (PUBGY). Reference Link
News For WPPGY;PUBGY;MDCA From The Last 14 Days
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February 24, 2015
08:36 EDTMDCAMDC Partners should be bought on any weakness, says FBR Capital
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February 23, 2015
16:06 EDTMDCAMDC Partners raises quarterly dividend to 21c per share from 19c per share
MDC Partners announced that its board has declared a cash dividend of 21c per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend represents a 10.5% increase from the prior dividend and will be payable on or about March 19, to shareholders of record at the close of business on March 5.
16:05 EDTMDCAMDC Partners sees FY15 revenue $1.3B-$1.33B, may not compare to consensus $1.54B
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16:04 EDTMDCAMDC Partners reports Q4 EPS (54c), may not compare to consensus 24c
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February 16, 2015
12:41 EDTPUBGYPublicis, Relaxnews announce the start of exclusive negotiations
Publicis Groupe and Relaxnews announced the start of exclusive negotiations in view of the acquisition of Relaxnews for a consideration of approximately 15M euro, corresponding to a price of 9.58 euro per share.This acquisition would be perfectly consistent with Publicis Groupe's strategy of becoming the undisputed leader in digital, marketing, communications and business transformation. The content / technology mix of the platforms is innately one of the main levers in this transformation.Under the terms of the offer made by Publicis Groupe to the main shareholders of Relaxnews, it is proposed that a company be set up Financière Relaxnews, which would be wholly-owned by Publicis Groupe, and that Publicis Groupe would purchase from co-founders Jérôme and Pierre Doncieux, Habert Dassault Finances, Sigma Gestion and other shareholders, a block of shares in Relaxnews representing at least 65% of the company's share capital. The transaction would be at a price of 9.58 euro per share, thus valuing Relaxnews at approximately 15 million euro. This valuation represents a premium of 63% to the closing price on February 16. As Publicis Groupe has expressed the wish that Jérôme and Pierre Doncieux and Habert Dassault reinvest alongside the Groupe, the latter would contribute separately to Financière Relaxnews a block of shares in Relaxnews representing at least 30% of the company's share capital enabling them to hold approximately 26% of the share capital of Financière Relaxnews.

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