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In a first half earnings statement released this morning, WPP Group announced that digital and direct marketing-related services now comprise 25% of its body. WPP Group owns labels like 24/7 Real Media, Mediaedge:cia, MediaCom, Mindshare, GroupM and Outrider. Digital and direct garnered $1.
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Nov 02, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
WPP Group plc, an Ireland-based communications services group, has agreed to acquire a 51% stake in mInteraction Co., Ltd., a Thailand-based digital media agency.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-10-30
Deal Participants
Target (Company) mInteraction Co., Ltd. Acquirer (Company) WPP Group plc
Deal Rationale
The acquisition enables WPP Group to strengthen its capabilities and expertise in digital media.
% Acquisition 51%
Tags: acquisition communications ireland thailand
Companies: WPP Group plc (WPPGY)
Nov 01, 2009 (The Australian Financial Review - ABIX via COMTEX) --
The annual returns for the Australian arm of WPP Group show a profit of $A69,000 for 2008. The 2007 result was a profit of $A14.6 million. In 2008 the company lost its largest client, Telstra. Many of WPP's subsidiary companies have undergone senior management changes in 2009.
Publication Date: 2 November 2009
WPP GROUP PLC TELSTRA CORPORATION LIMITED - ASX TLS AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION THE COMMUNICATIONS GROUP HOLDINGS PTY LTD GEORGE PATTERSON Y&R PTY LTD IDEAWORKS MEDIA PTY LTD HMA BLAZE PTY LTD WUNDERMAN MEDIA PUZZLE PTY LTD NETWORK LIMITED - ASX NWK THE CAMPAIGN PALACE TOURISM NEW SOUTH WALES PANASONIC MATSUSHITA ELECTRIC INDUSTRIAL COMPANY LIMITED FOSTER'S GROUP LIMITED - ASX FGL LAMINEX GROUP LIMITED CALTEX AUSTRALIA LIMITED - ASX CTX ENERGEX CORPORATION NATIONAL FOODS LIMITED KIRIN HOLDINGS COMPANY LIMITED INDEPENDENT LIQUOR GROUP THE INDEPENDENT LIQUOR GROUP CO-OPERATIVE LIMITED VIRGIN ATLANTIC AIRWAYS LIMITED RAINE AND HORNE (HOLDINGS) PTY LTD V8 SUPERCARS AUSTRALIA PTY LTD NOKIA AUSTRALIA PTY LTD NOKIA OY AB SARA LEE AUSTRALIA PTY LTD MICROSOFT CORPORATION
Tags: australia local media new south wales profit securities
Companies: WPP Group plc (WPPGY)
Aug 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
WPP Group (NASDAQ:WPPGY) upgraded to Buy at Deutsche Bank. The stock closed Friday at $41.62 on volume of 150,300 shares, below average daily volume of 178,068.
WPP is currently above its 50-day moving average of $35.78 and above its 200-day moving average of $31.34.
SmarTrend is bullish on shares of WPPGY and our subscribers received an Uptrend alert on July 16, 2009 at $34.28, which has returned 21.4% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market nasdaq securities
Companies: WPP Group plc (WPPGY)
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WPP Group plc is subject to the informational requirements of the US securities laws applicable to foreign companies and files an annual report on Form 20-F and other information with the US Securities and Exchange Commission. These documents are available at the Commission's website, www.sec.gov.
http://www.wpp.com/AnnualReports/2007/about_share_ownership/adrs.html
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WSJ: [I]n recent months some of the Internet company's executives have been pushing for the company to overcome its aversion to paid advertising. That has created some conflict within Google, which is maturing and looking to reinvigorate its slowing growth...
http://www.alleyinsider.com/2008/10/google-s-growth-so-slow-it-s-considering-advertising
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The WPP Group consists of world class companies providing advertising, marketing, communication services and activities worldwide.
WPP Group plc (LSE: WPP) (NASDAQ: WPPGY), based in London, United Kingdom, is the world's second largest communications services group in terms of revenue (and one of the big six ...
It appears that WPP group plc is now downgraded to negative. Standard & Poor's Ratings Services took the first step toward a possible downgrade of U.K.-based
In perhaps the biggest cop out ever stated, Sir shorty is blaming bloggers for the failure of the $4.5 billion dollar DELL / Enfatico / WPP group plc account