WPP profits rise as it mulls bid for Grey
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WPP Group, the world&#39;s second-largest advertising company, says first-half profits climbed nearly 16 percent as growth in Asia and the United States counterbalanced sluggish European markets.
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update Earnings per share rise compared with a year ago, but company misses analysts' expectations by a long shot.
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Washington Post Co. WPO.N said on  Friday that quarterly profit jumped, beating analysts'  forecasts, boosted by results at its Kaplan education unit and  television broadcasting operations.
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Stock futures rose on Wednesday as  profits from Walt Disney Co  and Time Warner Inc   suggested that the profit picture is holding up outside of the  financial sector.
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By George Chamberlin , Daily Transcript Financial Correspondent. Stocks moved higher late in the session on Thursday after Procter &amp; Gamble (NYSE: PG) released a positive forecast for sales and profits.
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The retailer reports strong earnings and lifts its outlook.
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My Stocks 2003 selection, British advertising and marketing giant WPP Group (Nasdaq: WPPGY), seems to be in the driver&#39;s seat against perhaps two other competitors in pursuit of New York-based ad firm Grey Global (Nasdaq: GREY).
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Australian mining firm WMC Resources says it is worth up to 30% more than a hostile $5.8bn takeover bid by Swiss rival Xstrata.
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Procter & Gamble Co. PG.N  on  Wednesday posted higher quarterly profit, boosted by sales of  new products and continued gains in developing markets.
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British advertising company WPP Group  Plc. has won the auction for U.S. rival Grey Global, agreeing  to pay about $1.34 billion, sources familiar with the situation  said on Sunday.
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Advertising and marketing giant WPP said Friday that net profit jumped by 19.8 percent in 2006 to 435.8 million pounds, as sales grew strongly across emerging powers, notably in Asia.
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Britain&#39;s WPP Group Plc has offered to pay more than $1.25 billion for advertising firm Gray Global Group, the Wall Street Journal said on Thursday, citing an unidentified person familiar with the matter.
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LONDON, England -- UK-based advertising giant WPP Group says it has won the bidding to acquire US agency Grey Global. WPP, the world&#39;s second-largest advertising company, said Sunday it had reached agreement
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WPP Group Plc, the world&#39;s second- largest marketing and advertising company, said it won the bidding for Grey Global Group Inc.
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WPP Group PLC, the London-based advertising giant, said Monday it was paying US$1.309 billion (euro1.068 billion) - half in cash and half in WPP equity - for the entire share capital of US-based Grey Global.
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Wall Street was set to open higher on Monday, with advertising group Grey Global (GREY.O: Quote, Profile, Research) in the spotlight after a UK rival agreed to a $1.
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Retailer Woolworths sees its shares rise more than 20% after private equity group Apax says it is considering a takeover bid.