The Inside News of PR & Marketing Communications

Last Updated: Tue., Oct. 23, 2018 @ 2:41 pm

Category: Financial ManagementReturn to Latest News

IPG's Top Management Takes Pay Cuts

Wed, Apr. 11, 2018

By Kevin McCauley

Michael RothInterpublic CEO Michael Roth took a 6.1 percent cut to $16,883,818 in total compensation for 2017, according to the ad/PR conglomerate's proxy. Earns 264 times more than IPG's median comp. (2 reader comments)

Tulchan Group Helps Unilever Move to Rotterdam

Thu, Mar. 15, 2018

By Kevin McCauley

UnileverUK's Tulchan Group is part of Unilever’s media team handling today’s announcement that the consumer products giant is consolidating its headquarters in Rotterdam.

WPP Women Earn 15% Less than Men

Fri, Mar. 2, 2018

By Steve Barnes

Karen BlackettWomen working at WPP's UK firms earn less than their male counterparts, according to a report released by the the PR/ad conglomerate. Hill+Knowlton Strategies is outlier to gender pay gap.

WPP’s PR/PA Revenues Slipped in Second-Half `17

Thu, Mar. 1, 2018

By Kevin McCauley

Martin SorrellWPP today reported today that PR/PA revenues dipped during the second-half of 2017 but rose 1.7 percent for the full-year to the $1.6B mark. (1 reader comment)

 

Next 15 Gets Boost in Organic Growth

Mon, Feb. 19, 2018

By Kevin McCauley

Richard EyreUK-based Next 15 Communications Group today announced that organic growth improved to the "single high digits" mark during the second-half of its fiscal year ended January 31.

Omnicom’s Q4 Net Slides 27.4%

Thu, Feb. 15, 2018

By Kevin McCauley

Omnicom Public Relations GroupOmnicom Group today reported a 27.4 percent drop in Q4 net income to $254.4M, following a $106.3M charge for enactment of the “Tax Cuts and Jobs Act.”

IPG Reports 3.4% Q4 Growth

Wed, Feb. 14, 2018

By Kevin McCauley

Michael RothInterpublic today reported 3.4 percent growth in Q4 revenues to $2.3B and flat net income of $317M. PR revenues are 'slightly down' from single-digit growth rate.

Publicis’ Q4 Revenues Slip 3.1%

Thu, Feb. 8, 2018

By Kevin McCauley

Arthur SadounPublicis Groupe reported a 3.1 percent decline in Q4 growth to $3.2M, which the French ad/PR combine blames on negative exchange rates.

Nasdaq Unloads PR Biz to West Corp.

Mon, Jan. 29, 2018

By Kevin McCauley

NasdaqNasdaq today announced the $335M sale of its PR business to Omaha-based West Corp., provider of voice/data services communications.

SV&C, JF Work Collapsed Chinese Bid for MoneyGram

Wed, Jan. 3, 2018

By Kevin McCauley

Donald Trump and Jack MaSard Verbinnen & Co. and Joele Frank, Wilkinson Brimmer Katcher work the fallout from the collapse of China’s Ant Financial Services Group’s $1.2B bid for MoneyGram, money transfer operation.

Did the GOP Cut Taxes?

Wed, Dec. 27, 2017

By Richard Goldstein

Richard GoldsteinA discussion of the most pressing policy issues behind Congress’ recent tax overhaul. (1 reader comment)

Huntsworth Moves Ahead

Thu, Dec. 14, 2017

By Kevin McCauley

Paul TaaffeHuntsworth moves ahead on financial front, powered by strong growth in its healthcare operation. (2 reader comments)

Understanding Your Investments

Mon, Nov. 27, 2017

By Richard Goldstein

Richard GoldsteinThe tax costs associated with various types of investments, and why you should be aware of them when considering an investment.

Hanover Gobbles Up BellPott/Middle East

Tue, Nov. 21, 2017

By Kevin McCauley

Archie BerensBritain's Hanover Group has acquired Bell Pottinger Middle East and its 14 staffers headed by managing director Archie Berens. (1 reader comment)

Havas Posts Flat Q3 Performance

Fri, Nov. 17, 2017

By Kevin McCauley

Yannick BolloreHavas Group reported a 0.2 percent dip in Q3 growth to $620M largely due to a 10.9 percent decline in organic growth in the UK, where Unilever and Pernod Ricard trimmed outlays.

WPP Hikes Pressure on Japan's ADK

Thu, Nov. 16, 2017

By Kevin McCauley

Martin SorrellWPP boss Martin Sorrell hiked the pressure on 25 percent-owned Asatsu-DK by rejecting to tender its shares to Bain Capital and threatening to increase his firm's stake to the 33 percent mark.

PwC’s Moeller Takes FTI Post

Mon, Nov. 13, 2017

By Kevin McCauley

Les MoellerLes Moeller, most recently global leader of PwC's Strategy& unit, has joined FTI Consulting as chairman of North and South America.

12 Myths About PR Firms Being Acquired

Thu, Nov. 9, 2017

By Art Stevens

Art StevensThe decision to sell a firm is not one to be made hastily. An owner needs to have realistic expectations and facts before pursuing a deal in earnest. (1 reader comment)