|Bid||62.14 x 100|
|Ask||78.26 x 100|
|Day's range||73.28 - 75.40|
|52-week range||65.32 - 85.44|
|PE ratio (TTM)||15.86|
|Earnings date||18 Jul 2018 - 23 Jul 2018|
|Forward dividend & yield||2.40 (3.24%)|
|1y target est||80.14|
Ford Motor Company (LSE: 0P4F.L - news) said on Saturday (Shenzhen: 002291.SZ - news) it will take bids on some of its advertising managed by WPP (Frankfurt: A1J2BZ - news) , adding to uncertainty around the British ad giant after last week's exit of founder Martin Sorrell. While Ford's decision does not affect all of its accounts with WPP (Swiss: OXWPP.SW - news) - and the agency will be able to bid for the rest of the business along with everyone else - it comes at a difficult juncture for the world's biggest advertising firm. Sorrell, who over 33 years built the firm into one of Britain's biggest companies, quit last week as chief executive officer after an allegation of personal misconduct that he denies.
Martin Sorrell's departure from the world's biggest advertising company heralds change for his sprawling WPP (WPP.L) empire and may accelerate a shake up of the big ad groups that followed his lead. WPP and its major rivals Omnicom (OMC.N), Publicis (PUBP.PA) and IPG (IPG.N) face challenges on every front, from the might of Google and Facebook - whom Sorrell famously dubbed "frenemies" - to the rapidly encroaching consultants Accenture and Deloitte. "I don't think this is the event that brings down the holding companies," industry adviser and MediaLink Chief Executive Michael Kassan told Reuters.
French advertising group Publicis (PUBP.PA) on Thursday delivered better-than-expected sales growth driven by a rebound in its biggest market in North America in the first quarter. Publicis' shares rose sharply, with the stock up 5.6 percent in early session trading - among the top performers on France's benchmark CAC-40 index (.FCHI). The world's third-biggest advertising group said net revenue amounted to 2.08 billion euros (£1.8 billion) over the period, reflecting growth excluding the impact of acquisitions and foreign exchange, of 1.6 percent, beating a Reuters poll forecast of 0.94 percent.
Omnicom Group’s revenue grew slightly in the first quarter, even as the advertising company faced continuing headwinds from client losses and changing client needs.
Omnicom's (OMC) first-quarter 2018 results benefit from improved organic growth, positive currency impacts and lower U.S tax rates.
Omnicom Group (OMC) is building upon its digital and analytical capabilities by investing in agencies and partnering with innovative technology companies.
On a per-share basis, the New York-based company said it had profit of $1.14. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was ...
WPP (Frankfurt: A1J2BZ - news) entered uncharted territory on Monday after the exit of founder Martin Sorrell left the world's biggest advertising company rudderless at a time of intense industry change. Shares in WPP fell 6 percent after Sorrell, the driving force behind 33 years of dealmaking and relentless expansion, stepped down on Saturday after the board investigated an allegation of misconduct. David Herro of Harris Associates, WPP's biggest shareholder according to Thomson Reuters (Dusseldorf: TOC.DU - news) data, said Sorrell would be missed.
Charles Schwab, Google, Goldman Sachs and WPP are the companies to watch.
IRI®, a global leader in innovative solutions and services for consumer, retail and media companies, and Omnicom Media Group, the media services division of global advertising, marketing and corporate communications company Omnicom Group Inc.
Omnicom Group (OMC) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
Martin Sorrell's sudden exit from WPP (Frankfurt: A1J2BZ - news) marks a shocking end to the career of a chief executive who through sheer force of personality made it the world's biggest advertising firm. WPP said in early April it had appointed lawyers to investigate a whistleblower's allegation of personal misconduct against Sorrell, who over 33 years turned a two-man outfit into one of Britain's biggest companies present in 112 countries.
Martin Sorrell, who built WPP (Swiss: OXWPP.SW - news) into the world's biggest advertising agency through 33 years of dealmaking, quit on Saturday (Shenzhen: 002291.SZ - news) after an allegation of personal misconduct. The departure of the CEO who built a two-man outfit into one of Britain's biggest companies with 200,000 staff in 112 countries leaves WPP (Frankfurt: A1J2BZ - news) without a boss at a pivotal time for the industry and when the group is under great strain. Chairman Roberto Quarta will become executive chairman until a new chief executive is found, while Mark Read, a WPP digital executive, and Andrew Scott, chief operating officer, Europe, have been appointed as joint chief operating officers.
Tax benefits, strategic business moves and higher organic growth are likely to boost Omnicom's (OMC) Q1 results. Dispositions are a major risk.
WPP founder Martin Sorrell could find out as early as next week whether he can remain at the helm of the world's biggest advertising company but is likely to struggle to work with its board even if he is cleared of wrongdoing, sources said. WPP sent shockwaves through the industry last week when it said it was investigating alleged misconduct by Sorrell, raising the prospect that the 73-year-old could step down after more than 30 years in charge. Sorrell denies the allegations.
WPP (WPP.L) is investigating an allegation of misconduct against Martin Sorrell, who has built the world's biggest advertising empire over more than three decades of relentless expansion. Sorrell, who denies any wrongdoing, transformed WPP from a wire shopping basket maker through acquisitions of top creative agencies including J. Walter Thompson and Young & Rubicam, as well as media planners and buyers and market-research and public-relations groups. "I reject the allegation unreservedly but recognise that the company has to investigate it," the 73-year-old, one of Britain's best-known and highest-paid chief executives, said.
WPP is investigating an allegation of misconduct against Martin Sorrell, who has built the world's biggest advertising empire over more than three decades of relentless expansion. Sorrell, who denies any wrongdoing, transformed WPP from a wire shopping basket maker through acquisitions of top creative agencies including J. Walter Thompson and Young & Rubicam, as well as media planners and buyers and market-research and public-relations groups.
Omnicom Group's (OMC) Elsevier's Pharma Communications buyout will help it focus more on healthcare communications services.
The latest uproar over voter-profiling data has sparked anxiety among some marketers and advertisers, including over whether their own data on Facebook are safe.
Johnson & Johnson recently wrapped up a months-long process to review its creative agencies.
A handful of marketers suspended advertising as Facebook hustled to quell anxiety about its platform.
Ad giant Omnicom is seeking more tailored pitches from media companies for its clients and hopes to identify potential brand integrations an unique ad formats early on.