Ad Groups Omnicom, WPP See Strong Earns
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Global advertising titans Omnicom  OMC.N and WPP WPP.L WPPGY.Oon Tuesday reported  third-quarter results that outpaced analyst expectations,  sending shares higher on improved confidence in the ad  industry.
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NEW YORK (Dow Jones)--Online-advertising revenue was a record $2.37 billion in the second quarter as the industry continued to push past the levels reached during the dot-com boom, according to a trade group.
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Yahoo Inc. posted strong fourth-quarter profits, driven largely by strong advertising sales and a sizable windfall from sales of an investment.
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British advertising company WPP  said on  Sunday it won an auction for U.S. rival Grey Global, with what  sources familiar with the matter said was a cash-and-stock deal  worth about $1.34 billion.
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LONDON/NEW YORK  - British advertising company WPP  WPP.L on Sunday said it has won an auction for U.S. rival  Grey Global GREY.O, with what sources familiar with the  matter said was a cash-and-stock deal worth about $1.34  billion.
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Internet executives gathered for Advertising Week here gave off the palpable feel of a winning team at a victory celebration. Greg Stuart, outgoing CEO of the Interactive Advertising Bureau, told a packed room at the group's MIXX Conference, for instance, that, by its own calculations, Web advertising was nearly an $8 billion business in the first half of the year, continuing a four-yearlong rapid expansion.
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Profit at The Washington Post Co. was $82.5 million in the fiscal third quarter ($8.57 per share) compared with $19.9 million ($2.
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The investment firm reported strong third-quarter earnings.
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Microsoftâs Digital Advertising Solutions At Advertising Week this week, Miscrosoft is announcing the launch of âDigital Advertising Solutionsâ and a media campaign to go with it. Itâs an effort to bring together Microsoftâs various properties into a unified platform that gives advertisers ways to buy reach and audiences efficiently: Xbox, mobile, PCs and, maybe, TV. The press [...]
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This industrial group is reporting strong results, but are the stocks a buy?
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WPP is upbeat on the outlook for  the advertising industry 2008 as it posts a rise in revenues.
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British advertising firm WPP has agreed to buy smaller US rival Grey Global for $1.31 billion, equally divided in cash and shares, to put it on par with industry leader Omnicom.
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The British advertising agency WPP Group said today that it had won the bidding for Grey Global Group, the world&#39;s last large independent advertising
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WPP Group Plc&#39;s GroupM media-buying  agencies have agreed to buy nearly $1 billion in advertising  across NBC Universal&#39;s television and digital properties, an  agency spokesman said on Wednesday.
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The WPP Group, the world&#39;s second-largest advertising and marketing company, reported on Friday that profit for the first half of the year rose 11 percent, providing further
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Online-based company's successful year makes it a solid contender.
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Groups supporting competing formats build support from their latest partners.