Advertising

Ketchum, the global marketing and corporate communications consultancy arm of Diversified Agency Services (DAS) division, a unit of Omnicom Group Inc. (OMC), has taken a majority stake in its Greater China operations. Increasing stake will enable Ketchum to provide varied range of services and...

Shares of The Interpublic Group of Companies (NYSE: IPG) are lower on the session by 0.19%, currently trading at $10.60. The stock has been moving largely higher over the past six months is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A...

Citi Investment Research is maintaining its Buy rating and $22 price target on shares of National CineMedia Inc. (NASDAQ: NCMI). In a note sent to clients, Citi writes, "National CineMedia faces some tough comps in 2011 due to Avatar in 1Q10 and the strong 3Q10 results driven by strength in the TV...

By 11:00 am, the Dow Jones Industrial Average was up 5.52 points, or 0.05%, to 11,676.27, while the broader Standard & Poor's 500 index had lost 3.68 points, or 0.29%. The NASDAQ composite index fell 6.09 points, or 0.23%. Some of the narrow based indexes that are still afloat in the markets...

Shares of Focus Media Holding Limited (NASDAQ: FMCN) are higher on the session by 3.25%, currently trading at $23.49. The stock has been moving largely lower over the past three months, but recently bounced and it is currently trading above the 50-day and 200-day moving averages. Options traders...

China Mass Media Corp. (NYSE: CMM) today announced that Mr. Eric Wang Lam Cheung resigned as chief financial officer of the Company, effective December 31, 2010, in order to pursue other interests. Ms. Julie Zhili Sun, Vice President of Corporate Development, takes over as chief financial...

Advertising titan WPP plc (WPPGY) through its operating company WPP Digital, acquired the entire assets of US-based Blue State Digital LLC. The company also acquired all the share capital of Blue State Digital's United Kingdom subsidiary. Blue State Digital specializes in online fundraising,...

Advertising titan WPP plc (WPPGY) through its operating company WPP Digital, acquired the entire assets of US-based Blue State Digital LLC. The company also acquired all the share capital of Blue State Digital's United Kingdom subsidiary. Blue State Digital specializes in online fundraising,...

Shares of AirMedia Group Inc. (Nasdaq: AMCN) are trading up 11.5% at $7.01 per share during the Thursday afternoon trading session. The company announced earlier today before the market opened that it recently renewed its concession rights contract with China Eastern Airlines to operate digital TV...

Advertising titan WPP Group Plc (WPPGY), through its TNS network (a part of Kantar), entered into a definitive agreement to acquire the major stake holding in African custom research network, Research and Marketing Services group of companies. Research and Marketing Services specializes in...

Advertising titan WPP Group Plc (WPPGY), through its TNS network (a part of Kantar), entered into a definitive agreement to acquire the major stake holding in African custom research network, Research and Marketing Services group of companies. Research and Marketing Services specializes in...

By 11:31 am, the Dow Jones Industrial Average was down 11.43 points, or 0.10%, to 11,573.95, while the broader Standard & Poor's 500 index had lost 1.18 points, or 0.09%. The NASDAQ composite index fell 3.01 points, or 0.11%. Some of the narrow based indexes that are still afloat in the...

The US dollar fell versus its major rivals Thursday after US weekly jobless claims dropped to their lowest level since July 2008. The dollar index (DXY) fell about 0.38%. Against the greenback, the euro rose 0.5446% to 1.3296, up from $1.3219 Wednesday. Shares of VisionChina Media Inc (NASDAQ: VISN...

Citigroup has published a research report on Focus Media Holding Limited (NASDAQ" FMCN) after the company announced jointly with VisionChina (NASDAQ: VISN) that it is to acquire a 15% stake in VISN. In the report, Citigroup writes "We believe the strategic partnership will allow both companies to...

Piper Jaffray has published a research report on VisionChina Media Inc. (NASDAQ: VISN) after the company announced that Focus Media Holding Ltd. (NASDAQ: FMCN) made a $61M investment in the VisionChina. In the report, Piper Jaffray writes "FMCN announced an investment of $61M in VISN. Additionally...