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Archive for 2005
Dentsu seeks more early retirements
Dentsu, the largest Japanese marketing services group, is seeking 100 early retirements from staff who have been employed for 15 years or more. The cost will be set against current year’s... Read more
New M&A book published for marketing/comms companies
Driving Successful M&A, a new guide written by Graham Beckett for companies looking to merge or be acquired will be published next month, price £25. Details from Results on 020 7629... Read more
No place for Mike Kirkham as Taylor Nelson goes outside for new chairman
Taylor Nelson Sofres’ former chief executive Mike Kirkham will be leaving the company later this year after losing out in the hunt for a new chairman. The board has appointed outsider... Read more
Taylor Nelson remains very highly geared
Publicly listed market research company Taylor Nelson Sofres continues to operate with an exceptionally high level of debt relative to shareholders’ funds ("gearing"), according to its latest... Read more
Interpublic fires fiddlers: £21m write-off at McCann
The Interpublic Group of Companies has fired a number of employees implicated in “falsified books and records, violation of laws, regulations and company policies, misappropriation of assets and... Read more
Shares: most move ahead
Share prices in the marketing services sector enjoyed their best improvement for some time in the month to 12 February. The MSFI Index climbed by nearly 8% to 68.6 (Jan 2001:100), helped by sizeable... Read more
Publicis 2004 revenue falls 1% as Havas drops by 9%
The declining value of the US dollar pushed down 2004 revenues at Publicis Groupe by 1% compared to 2003. At Havas the damage was far greater, with revenues down by 9.2%, but €129 million of... Read more
NMI lost £1.2 million before iPIX merger
New Media Industries - the AIM-listed group headed by Jon Summerill - lost another £1.2 million in the half year to 31 October 2004 before finalising the merger deal with image technology... Read more
Shared risk in Publicis’ 50% Freud deal
The impending purchase for an undisclosed sum of a 50.1% controlling stake in Freud Communications and other Freud group companies by Publicis Groupe shows a shrewd understanding of the benefits of... Read more
