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WPP shares fall on JP Morgan downgrade
JP Morgan said in a note today that WPP had been cut from "overweight" to "neutral". It said: "We believe the recent valuation rally is unjustified given the lack of a corresponding improvement ... that it was cutting its earnings forecast. JP Morgan also downgraded Interpublic this week. However, shareholders ...
By Jennifer Whitehead, / Brand Republic 18-Oct-02
JP Morgan poised to buy WH Smith News
LONDON - JP Morgan Partners, the private equity arm of investment bank JP Morgan Chase, has emerged ... It is understood that JP Morgan has offered between 180m and 220m for the business, outbidding rivals including 3i, Electra and a joint bid from ABN Amro Capital and CVC. WH Smith is pushing ahead ... in the Financial Times , a deal between WH Smith and JP Morgan could be announced in the next two weeks, unless a ...
Brand Republic 28-Jun-01
Selling Five stake an option for RTL as it hires JP Morgan
LONDON - RTL has hired investment bank JP Morgan as it considers the options for its 65% stake ... ownership. The appointment of JP Morgan follows comments made in March when RTL Group chief executive ... the two media companies. Sources quoted by The Times said that JP Morgan has been hired "to assess all ...
By Staff, / Brand Republic 13-May-04
Interpublic shares fall on latest downgrade
after JP Morgan downgraded the company's stock, dropping 5%. ... Listed on the New York Stock Exchange, shares in Interpublic fell by 64 cents in morning trading to trade at $11.97 after JP Morgan downgraded its shares from "neutral" to "underweight". The company has been tipped to announce this week details of offers it has received on the NFO WorldGroup market ...
By Staff, / Brand Republic 04-Feb-03
Publicis lands $300m US media account for banking giant
NEW YORK – JP Morgan Chase has awarded its $300m (£160m) US media planning and buying account ... Zenith Media beat Carat and Media Planning Group to the account, which has been swelled by July's merger between JP Morgan Chase and Bank One. The merged company retained the JP Morgan Chase name. Prior to the review, JP Morgan Chase's media was handled by Interpublic's Initiative and Bank One ...
By Staff, / Brand Republic 20-Jan-05
Grey Global says it will not be broken up for acquisition
and JP Morgan to look at a potential sale, but says that it does not intend to break the company up.
By Jules Grant, / Brand Republic 20-Jul-04
Talk of sale as Grey Global assesses options with banks
, could be up for sale as the advertising group calls in investment banks Goldman Sachs and JP Morgan
By Gordon MacMillan, / Brand Republic 28-Jun-04
Teamspirit launches branding business
as managing director. His clients included JP Morgan Asset Management, Scottish Widows Investment Partnership, ING Real Estate, Morgan Stanley, UBS and Mayer Brown. The new business aims to complement Teamspirit ...
By Jacquie Bowser / Brand Republic 17-Jun-09
AOL to raise $3bn in bond sale
by Banc of America Securities, JP Morgan Chase and Salomon Smith Barney. AOL Time Warner is scheduled ...
Brand Republic 11-Apr-01
Tempus to buy US media agency
. CIA's US clients include barnes&noble.com, Guinness, JP Morgan, Volvo and Wrangler. www.ciaworldwide.com ...
By Louise Banbury / Brand Republic 11-May-01
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