wpp plc-sponsored adr (WPPGY) Key Developments
Aston Martin to Collaborate with WPP
Jun 29 15
Aston Martin is to collaborate with WPP, which will provide it with global marketing services. The relationship will cover a range of projects during 2015 with the intention of moving towards a full marketing communications partnership during 2016. WPP will provide a bespoke team to deal with the sports car manufacturer which will offer a range of expertise globally, and serve Aston Martin's headquarter in Gaydon (United Kingdom) as well as regional offices in Europe, Middle East, Asia-Pacific, China and the Americas.
WPP, DailyMail and Snapchat Partner to Launch Content Marketing Company Truffle Pig
Jun 23 15
WPP, DailyMail and Snapchat announced the establishment of Truffle Pig, a joint content marketing venture combining the best of global agency, newsroom and social media talent. This new company will offer brands unprecedented reach and opportunity through content planning, development and creation as well as amplification across digital media sites and platforms. Truffle Pig will use DailyMail.com, Elite Daily and Snapchat as test beds for original concepts in story-driven marketing, but its content and services will extend to any digital properties the client brands wish to market on. Truffle Pig will work closely with Snapchat to create best of breed "3v" (vertical video view) ads on Snapchat.
Google Reportedly Enters Fray For Tesco Loyalty Unit
Jun 18 15
Google Inc. (NasdaqGS:GOOGL) is in talks Permira Advisers Ltd. to make a combined offer for dunnhumby Limited from Tesco PLC (LSE:TSCO), Sky News has learnt. Google is considering teaming up with Permira to launch a bid for the business that runs Tesco’s Clubcard. Tesco is believed to be on a long list of 10 parties considering a bid for Tesco unit Dunnhumby July 2015. Tesco is selling off Dunnhumby as part of its bid to to raise up to £5 billion to firm up its balance sheet, in the wake of a collapse in profits and a £263 million accounting scandal 2014. Other parties interested in Dunnhumby are thought to include WPP plc (LSE:WPP) and Nielsen N.V. (NYSE:NLSN). A host of private equity firms are also thought to be reviewing a bid, including Apax Partners LLP, Hellman & Friedman LLC, Bain Capital, LLC, Blackstone, Advent International Corporation, TPG Capital, L.P. and CVC Capital Partners Limited.
WPP Reports Sales Results for the First Four Fourth of 2015
Jun 9 15
WPP reported sales results for the first four fourth of 2015. For the period, the company's revenue rose 8% to GBP 3.77 billion with revenue in constant currency up 7.1%. The company's net sales were up 5.9% at GBP 3.28 billion, up 4.8% in constant currency in the first four months.
The gap between revenue growth and net sales growth is similar to the first quarter and last year, reflecting the like scale of digital media purchases in media investment management and data investment management direct costs.
WPP plc Presents at Barclays European Select Conference, Jun-10-2015
Jun 8 15
WPP plc Presents at Barclays European Select Conference, Jun-10-2015 . Venue: Vintage Inn, 6541 Washington Street, Yountvilla, CA 94599, United States.