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News Breaks
December 31, 2012
05:51 EDTWPPGY, PUBGY, 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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July 24, 2014
16:19 EDTMDCAMDC Partners backs 2014 revenue view $1.245B-$1.270B, consensus $1.26B
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16:17 EDTMDCAMDC Partners increases quarterly dividend 5.6% to 19c
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16:16 EDTMDCAMDC Partners reports Q2 EPS 33c, consensus 15c
Reports Q2 revenue $317.7M, consensus $311.13M.
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 16, 2014
07:24 EDTWPPGYSiemer & Associates to hold a summit
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July 10, 2014
06:39 EDTPUBGYPublicis CEO calling on top managers for fresh outlook, WSJ reports
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