| WARC News |
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| Omnicom to Leverage Recession for Value Acquisitions: Wren |
| Thu, 24 Jul 2008 00:00:00 GMT |
| NEW YORK: Despite the economic downturn it's more boom than gloom at the planet's largest marketing services conglomerate Omnicom Group, where president/ceo John Wren pictured believes market conditions favor good-value acquisitions. Speaking via conference call to analysts, Wren flaunted his famed caution in matters fiscal:... |
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| Publicis Profits Slip in H1 |
| Thu, 24 Jul 2008 00:00:00 GMT |
| PARIS: Publicis Groupe has reported that its first-half net profit dropped to euro;192 million $301m; pound;150.9m euros from euro;198m, while total sales fell to euro;2.226bn billion from euro;2.248bn. The French-headquartered advertising conglomerate said the weakness of the US dollar had contributed to the slide in profits,... |
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| Unilever Sells Some Bertolli Brands in Yet Another Disposal |
| Thu, 24 Jul 2008 01:15:00 GMT |
| LONDON: Anglo-Dutch consumer goods giant Unilever is continuing to dispose of non-core brands with the sale of its Bertolli oil and vinegar business to Spain's Grupo SOS. The Spanish firm, which markets the world's best- selling olive oil Carbonell, has paid euro;630 million $922.6m; pound;498m for... |
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| Yahoo Profit Down, Jeremiah Factor Up |
| Thu, 24 Jul 2008 00:00:00 GMT |
| SUNNYVALE, California: Confounding the ultra-gloomy forecasts of some Wall Street Jeremiahs, Yahoo on Wednesday posted a set of Q2 numbers firmly in the black – despite an 18% slide in net income to $131.2 million euro;82.98m; pound;65.79m. Revenue rose 5.9% to $1.8 billion. "It has been... |
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| UK Households Struggle with Financial Feel Good Factor |
| Thu, 24 Jul 2008 02:25:00 GMT |
| LONDON: Economic gloom in the UK is settling ever more heavily on the shoulder of the nation's consumers, who say they feel increasingly hard-up. Consumer Attitudes Towards Debt, a new survey by market researcher Mintel, says four per cent of British people claim they are... |
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| US Consumers Stay Home to Watch TV |
| Thu, 24 Jul 2008 03:30:00 GMT |
| WASHINGTON DC: The rise in US gasoline prices has brought benefits to consumer electronics marketers. Increasing numbers of home-owners are choosing to stay home with a new television set rather than spend cash on cruising in the car. The Consumer Electronics Association suggests US shipments of... |
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| O amp;M's Global Ceo to Quit at Year End |
| Thu, 24 Jul 2008 00:00:00 GMT |
| NEW YORK: A 37-year career at Ogilvy amp; Mather Worldwide is set to end in December when Shelly Lazarus 60 steps down as the network's ceo. She has helmed the global agency since 1996, and is credited with its global expansion, especially in non-traditional marketing businesses.... |
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| UK Ad Industry Allies With Government to Promote Anti-Obesity Initiative |
| Thu, 24 Jul 2008 00:00:00 GMT |
| LONDON: For the first time, UK-based retailers, media owners, advertisers, food and drink firms, healthcare and fitness companies have banded together in partnership with government to fight against obesity.The industry consortium, spearheaded by the Advertising Association, will work alongside government departments to encourage healthy diets and... |
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