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FTI Consulting Posts Q2 Revenue Drop, Loss

Fri, Jul. 28, 2017

By Kevin McCauley

Steven GunbyFTI Consulting reported a 3.4 percent dip in revenues to $444.7M due to lower demand in its corporate finance and restructuring operation. Special charge puts FTI in red.

Huntsworth Enjoys Healthy Half

Wed, Jul. 26, 2017

By Kevin McCauley

Paul TaaffeeHuntsworth recorded a nine percent growth in revenues to $122.5M during the first half paced by a robust performance of its healthcare unit and the return to profitability for Grayling.

IPG's Net Tumbles as Revenues Slip

Tue, Jul. 25, 2017

By Kevin McCauley

IPGInterpublic reports a 39.6 percent drop in 2Q net income to $94.7M as revenues dip 1.7 percent to $1.9B. Shares drop more than ten percent from 15-year high hit yesterday.

Publicis Posts 2.2% Rise in Q2 Revenue

Thu, Jul. 20, 2017

By Kevin McCauley

Arthur SadounPublicis Groupe CEO Arthur Sadoun today reported a 2.2 percent rise in Q2 revenues to $2.9B at the France-based ad/PR conglom.

BackBay Handles Economist Event

Wed, Jun. 14, 2017

By Kevin McCauley

The Economist - Impact Investing ConferenceBackBay Communications is handling tomorrow's Impact Investing conference sponsored The Economist at London's Glaziers Hall.

WPP Reports Revenue, Profit Up

Wed, Jun. 7, 2017

By Kevin McCauley

Sir Martin SorrellWPP CEO Martin Sorrell reported today that revenue (Jan.-April) rose 15.9 percent to $6.3B, while profit ran “well above budget and ahead of last year.”

Vivendi Buys 60% Havas Stake

Wed, Jun. 7, 2017

By Kevin McCauley

VivendiVivendi is buying the 60 percent stake Bollore Group owns in Havas, the French advertising/PR combine, for $2.5B.

Limiting Risk on Loan Guarantees

Wed, Apr. 26, 2017

By Richard Goldstein

Richard GoldsteinA primer on personal loan guarantees, a fundamental financial reality that will likely affect most PR firms at one time or another.

Gould+Partners Conducts PR Benchmarking Study

Tue, Feb. 14, 2017

By Editorial Staff

Gould+PartnersM&A expert Gould+Partners is calling for responses to its survey which analyzes key factors affecting PR firm profitability and shows what can be done to maximize bottom line and firm value.  Deadline is Mar. 24.

Selling Your PR Firm

Mon, Feb. 6, 2017

By Rich Jachetti

Rich JachettiThere are certain mistakes a seller must avoid at a first meeting with a buyer. (1 reader comment)

Taxes and Identity Theft

Tue, Nov. 29, 2016

By Richard Goldstein

Richard GoldsteinA rise in identity theft and the ability to hack into computers has resulted in more personal income tax returns being rejected as “already filed” than ever before.

Tax Reform and Trump

Thu, Nov. 17, 2016

By Richard Goldstein

Richard GoldsteinWith a Republican Congress and incoming Republican President, some form of tax reform appears imminent.

Part-Time CFOs a Solid Bet for PR Firms

Mon, Sep. 12, 2016

By Rick Gould

Rick GouldChief financial officers are an integral component for brands and agency owners. For whatever reason, however, PR agencies often hold back from bringing one aboard.

Doing it the Right Way

Wed, Aug. 24, 2016

By Richard Goldstein

Richard GoldsteinThe steps necessary for a successful PR agency merger or acquisition, according to Rick Gould’s new book, which provides M&A tips and advice for PR agency owners.