35 Burst results for "WPP"

Ad giant WPP pulls dividend, buyback and outlook

Bloomberg Daybreak: Europe

00:11 sec | 8 months ago

Ad giant WPP pulls dividend, buyback and outlook

"And also W. PP read headline of the debate title is suspending its final dividend and share buy backs a another company now suspending its dividend and also it sheds buyback

Sleepwalkers at CES

Sleepwalkers

09:17 min | 11 months ago

Sleepwalkers at CES

"Secure I'd never been to Las Vegas before which is the difference between us. I've Been Vegas gets too many times. I could tell and didn't feel good to be in good hands with an old vegas handler. You one of the new things. Though for me was slots which I don't normally play play. I think subconsciously I was thinking about what Tristan Harris talked about in the first season of sleep walker former Google lower. Who told us that? Instagram is actually supposed to feel a lot like slot machine or the Tristan studied at the Stanford persuasion lab and told us about how casino architecture has influenced the development of highly addictive tape products like instagram. Interesting for me to actually see Vegas and the bright lights and the impossibility of escape firsthand not to mention the replicas of if the empire state building the canals of Venice Coliseum of Rome you know I was lucky enough to see the Seattle space needle for the first time. I didn't know that it was in Las Vegas. But doesn't we were there. We were there for C.. Es The consumer electronics show in this episode. Were actually going to talk about some of the coolest things we saw there. But we're going to focus focused more on the innovations that are at the intersection of technology and humanity rather than talk about you know infamous toilet. Paper dispensers run of the big reasons we went is because we you were invited by wave maker which is an agency part of WPP to do an interview on stage alive. PODCAST so to speak with Matt Monahan. The HATTON who is head of product at publishing and publishing is part of the Washington Post Orcas also an interesting case of a and action because they're forward thinking in terms of increasing the visibility of content through personalization. An optimizing everything from headlines to photo selection all using machine learning and those are things that really matter for journalists and readers. Yeah and this use of. Ai stands out to me because it provides a solution to real problem. How do you get eyeballs on the right content when there's just so much that said the issue of personalization does raise questions about what happens when machine thought to know US better than we know ourselves not to mention and what are the appropriate limits of how companies use AI and data about us? Yeah I can definitely streamline processes by detecting patterns that you know human beings cannot see or it can allow you to scale like tag hundreds of thousands of articles that again human beings just cannot do so greater efficiency is on one side of the spectrum and extremely attractive to people but on the other side. You have issues of taking humans out of the loop like the blackbox problem and authenticity in a world of deep fake so a question for businesses and users of technology is sort of when does Ai. Add to our experience experience and when does it maybe hold us back or take advantage of us for example from seeing news stories that we should see but maybe the algorithm doesn't think we want want to see it or that we won't click on it right in the old days. When everyone received a print newspaper on their doorstep? Everyone had the same front page in the same headlines Nowadays holidays when you log onto a news website or on social media everybody has a different version of the world and that is obviously positive for driving engagement but may not be so positive in terms of having conversations with the same facts about the same stories equally. We have to ask. Do we want articles where the headlines been written by Algorithm. ooh Do we prefer headlines written person. And that's something we talked about with Matt because all actually tested headline writing technology. Let's talk to Matt. Lucas says let's cut to the chase are really came out of a collaboration trying to better understand what actual journalists needed it. Can you talk a little bit more at the very beginning. You know we were just trying to solve problems for ourselves. Seven or eight years ago. We knew he had to make some pretty fundamental transformation to the post and to really prepare for the digital future. We didn't have the right tools to do it. And we couldn't really find the right tools on the market either. What we did was spent a lot of the journalist and the editor is trying to figure out what it was that make their lives easier? It's trying to figure out. How do you make journalists work better publish faster? What are the little things you can do? Inside of IT products make it easier easier for them to write stories or publish from there about four years ago when we started evolving into a commercial offering. Today we're running hundreds of websites around the world breath about twenty different countries. We're running companies like BP their internal communications as well as some of the marketing. We're running large broadcasters and all their live video and beauty and of course I was still running a lot of newspapers and news publishers. Like the post and many others around the world looking in publishing you know that. Ai Artificial intelligence in headlines MHM and there was a story in the Financial Times last year. We said forty percent of startups us. No whatsoever uh-huh so I bet it's probably higher so when we talk about using a Ohio when you talk about what we actually mean so it can span the range of technologies analogies from something like machine learning which is basically a way to use algorithms to take large sets of data in either uncover patterns in it or try to model away to predict a certain outcome. The two technologies like computer vision which you can use to look at images or video and extract information about them by recognizing patterns and trying to identify objects inside of them and so a lot of those technologies than when you put them together conform. Some really interesting workflows that you know in the past. You might have had us humans to do that. You can actually do much more simple automatically. was there a the titular business challenge or challenge the Washington Post that. You couldn't have sold if you hadn't been using AI. Any story that we right on Washington Post. We're mapping to a set of I two or three hundred topics maybe an example of one of those might be like congressional policy or narcotics crime. What you're trying to do is say if I look at all this content? I'm not just pulling specific words. I'm actually trying to figure out. What is this content about? What is the fundamental concept of this so you pick a set of articles? Let's say one hundred two thousand news articles in the case this example for the post and I see us. Humans of Micro Labor to do this training set and the goal is you're building an algorithm Based on a set of real data and so the humans are going there and saying this article. Yeah this is about congressional policy. Why because I know it is I read it? That's what it's about. This one's about narcotics crime time and this one's about soccer and so you train all these articles against that algorithm until finally the algorithm is basically sufficiently advanced to predict a new article that you put into it and determine it outcome with the same high probability of success that you're able to with human training now every time. A journalist Saves Saves publishes the story we're able to Parse over all the contents inside that story then we can predict the strength at which it's likely to belong to that topic. How do you create a better user experience in your case news experience for an individual consumer with the medicine? You can do a lot of interesting things we can figure out that. Hey this is something that they're interested in reading. Perhaps they'd like to read more in. It actually serves the signal into a recommendation Algorithms from your perspective where can businesses sort of harness the power of machine learning to really hone in on who their customer is and what that customer wants. We want to deliver more content to our readers leaders. Who Want to help them? Find more content that we've created. We have about nine hundred journalists at the Washington Post we write something like three or four hundred original stories today. So there's is a Lotta content there to get readers to all different content and to have them continue moving through your constant. You spent a lot of money to produce is really challenging. And so that's a great use case for personalization Shen but where you can make it really come alive is by having more sophisticated. Meditated more sophisticated information about that content. That's more likely to bring readers to it. And so that's where these machine learning remodels really come in handy. I think part of what's fun about this conversation is there's a lot of cases out there where average users you know. They imagine they see something like that. You see the boots on instagram. And you think Oh my God he's companies. Must you know indiscernible for magic right. There must be some crazy model out there doing this. And perhaps is there is but in a lot of ways you know. Your users aren't necessarily as aware of the advertising ecosystem data ecosystem and how these things tied together between platforms incites and I think as like industry professionals. We always kind of underestimate that fact and so the net effect is that users are completely surprised by this. I think you must be doing something completely on her to achieve it. When in fact you know it could be really simple data sharing and so the reason? I think that's important than when you do. Bill Technologies that actually utilize some these more sophisticated methods to build data sets. You have to be aware that your users you know first of all your users aren't going to necessarily anticipate the outcomes you can create and if you don't do a good job on the product side of making sure that you really think through the use case and how you're leveraging technology solve it you can generate unexpected outcomes. You know there was the example of the retailer who produced advertising flyers that were able to predict folks who are pregnant right. Even if some of those folks didn't necessarily know that themselves or hadn't shared it with with their family or their spouses.

Las Vegas Washington Post Instagram AI Matt Monahan Tristan Harris United States Venice Coliseum Of Rome Google Seattle Ohio Washington Soccer WPP Stanford Head Of Product Bill Technologies MHM
Walmart Joins Amazon in Digital Ad Game

WSJ Tech News Briefing

03:57 min | 1 year ago

Walmart Joins Amazon in Digital Ad Game

"Walmart has something new to sell the journal says enticing marketers with its very own ad space and access to shopper data may just be the latest digital trick. Walmart has up its sleeve. Let's talk to the journal Sarah Nassauer for more. She joins us in the Wall Street Journal podcast studio right now. Hey, sarah. Thanks for having me. Of course. So this would mean a fresh new digital ad business. In house is not something new for WalMart necessarily. But how does it see itself taking it to the next level using its wealth of shopper data to say the least to sell new marketing opportunities. That's pag right as we have lots of data. We have lots of shoppers where the largest retailer in the world that there's one thing we have it's data WalMart has data for a long time. So what's new here? It's sort of more of an evolution of what they've really been trying to do for a long time, which is monetize that data more. And so they're bringing in their ads digital ad sales business in house. That means sort of unwinding their deal with triad, which is owned by WPP. And also just coordinating they say between stores digital voodoo which is their online streaming service in any WalMart Inc. Property that you advertise on whether that the store or a website, they want the advertisers their suppliers to come to them as a one stop shop. So I guess we as the online shoppers we might suddenly find ourselves shopping at WalMart dot com easier. I might gather. Yeah. And and also, you know, WalMart has longstanding and deep relationships with most big consumer goods companies in the country Hollywood studios, they look to WalMart for a big chunk of their sales. So WalMart is hoping that it can kind of make the pitch to those companies CMO's and say, hey, you know, instead of going to the cable TV network just come to us and give us that money. You get the sense that WalMart does okay. In terms of retail. We we all kind of get that sense. But. When you compare it to the online shopping of big tech, not so much. Yeah. They're still a small player when it comes to commerce ecommerce is still tiny percentage of their over half a trillion dollars in annual global revenue, and so that's a place where they're growing. So, you know, you look at Amazon a lot of this is about Amazon, which it often is in retail these days and Amazon now is, you know, by some estimates, the third largest seller of digital ads after Facebook and Google, and they sort of crept up in some ways that you know, on on other folks with that scale in WalMart just sort of taking note of that and saying, hey, we we have a lot of shoppers to they may not all be on line. Then might not be as many online shoppers Amazon, but we certainly have a lot of surplus stores a lot of data, right? And this online world in particular online shopping world, I should say the wages shifting and involving by way of the Aren and new innovation is that part of it. You know, we mentioned Amazon again, but. Is this part of WalMart really needing to amp up its ambitions in order to keep up. If there's one thing we talk about on the podcast. It's how big tacking ad dollars. Go hand in hand. And with WalMart angrily for this new source of revenue. You can see how it could all come together nicely. Yeah. Yeah. Exactly. It's it's logical. You know, it's interesting because WalMart has tried some incident in the past called the merchant exchange. Sorry, WalMart exchange, right? And you know, this was going back years ago. Now, it's ancient history. But this was sort of a similar pitch. You know, we have a lot of data come to us. But that was a little bit more limited in scope. It was you know banner at this. This is the days of banner ads, right and. Dot com was even smaller. And so, you know, and they brought and try to do sales for that effort eventually, and you know, so this is WalMart sane from very high level from the CEO on down. You know, we want to make a go this in a more serious way. Basically good, Sarah Nassauer. Thank you so much for having me.

Walmart Walmart Inc Sarah Nassauer Amazon Wall Street Journal WPP CEO Hollywood Facebook Google Trillion Dollars
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:27 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"On Bloomberg radio. The stock six Sandra an hour and a half into European trading. This morning is still in negative territory. Don by about one tenth of one percent. So in other words, it's a light breeze in comparison to the hurricane that's gone through US and Asian stocks in the past twenty four hours or so rain even seeing some gains for the catacombs in Paris higher by six tenths of one percent. The Dax higher by a tenth of one percent, and the footsie MIB rising here by six tenths of one percent. Still red figures though when it comes to the Footsie-100 here in London it is down by four tenths of one percent. We're seeing stocks in WPP among others weighing on the London index. WPP Hsieh's down by sixteen point four percent after a mess for from the third quarter four W P P, it's been cutting its sales and also. It's market outlook. So that's one stock to watch in a European trading. We sing risk of sentiment receding in other ways as well. The ten year treasury's yield, for instance, rising. So treasuries are on offer three point one percent is where we're trading this morning. We are seeing yields down by four basis points. We're also seeing US futures pointing higher s s and p futures higher by two thirds of one percent. So as I say, it seems as if the risk of sentiment that's dominated in the past few sessions. Also is receding looking out the FX space. We all seeing the Bloomberg dollar spotting coming under a little bit of pressure. The euro is bid higher by about tenth of one percent, as we of course, look ahead to that ECB meeting a little bit later. Will Mario doggy say something that might boost the year euro this morning. Yeah. Definitely something that we're gonna be watching twelve forty. I believe twelve forty five UK time is the is the is when we get the announcement, there'll be very likely little change there. But then forty five minutes later, we'll be getting at one thirty the actual press conference one thirty London time. It's two thirty here in Berlin. Let's get over to Justin though, right now from Bloomberg's European equities team to talk about that route that wiped out gains for US stocks, put Japanese stocks in correction territory, the Asia index Marcus, did you say earlier is in is in a bear market right now down more than twenty percent from its its high concerns, I guess are at least short-term about earnings, but longer term it has to be about something else. Because earnings have been on flake this quarter US earnings Justyna. Are up twenty four percent year over year. So what's going on? Right. It's weird. Because as you mentioned earnings are still solid in the US. But I think a lot of investors have become more sensitive to disappointments, and they're already looking ahead. And they're worried about peaking earnings and rising guilt. So a lot of them are worried that especially without kind of the tax cuts that came through this year. The maybe we're going to see decelerating growth in earnings, and that means maybe people's expectation so far have been a little bit too high. Okay. So we're seeing US equity investors Asian equity investors licking their wounds. Is there a particular reason why perhaps the story might be changing somewhat today in Europe? Right. It's kind of surprising because the stocks Europe six hundred is only down zero point one percent today, which is kind of amazing given that the S and P five hundred sold off like three percent overnight. But I mean, you could almost say that maybe the fact that Europe has been following the whole year is turned out to be a bit of a blessing today because obviously valuations are ready. Very low and never had that kind of crazy bull run that US markets had. So maybe there's a ready bit of bottom fishing today. Where where do you see the the winners? The losers are pretty easy. We're pretty easy to spot right at the top WPP, the world's advertising company, AB inbev. There's so many superlatives for this beer for this. Brewer they I noticed they have over a hundred billion dollars in debt, actually. But where the where the winners Justyna in terms of individual stocks. I think everyone's looking at UBS because it's jumping today after its profits in the third quarter beat estimates and in terms of individual markets. I think it's kind of really story of people looking at markets that might have fallen too much because even the long suffering Italian stock market is rising today, and in terms of sectors. You see autos and banks, and you know, all the sectors that everyone had hated this year. I mean, they they're having a nice recovery today. All right. So we're seeing. We're seeing those recovery's. We're also seeing retail bouncing back Puma says for instance, doing quite well after the earnings that we got through a little bit earlier. It's kind of interesting because I guess recently, we have seen a better story coming out of retail. I mean yesterday we saw carrying surging after Gucci's better than expected sales of basically like blew apart this theory that the Chinese luxury consumer was becoming a lot tighter with money. And today, we did see some good results out of Puma with the sportswear maker raising sales forecast. Again, do you know? Who started Puma? This is a trick question. Well, no, it's it's Rudolph daas ler the founder of Puma, but an hour. Do you know who is brother was Justyna? I'm not going to answer. This. Now that Marcus is Warren made this is not a trick. His brothers Adolf Dassler. His nickname was ATI Dassler and go ahead. Go ahead and tell me go ahead and tell us Marcus ATI Dassler started. I'll did us. There you go. I think it's pretty cool trivia, but no one else seems to be amused by I think it's pretty cool as well as give you that much. Thank you. Thanks so much for coming in. And joining us justina Lee, their Bloomberg's European equities reporter, let's the world national news now for that. We did a lien GARRETT'S. Good morning man's you Prime Minister Theresa May's once again civilians to meeting of her conservative party, Bloomberg's Alex. Morales says no makers decided to display public loyalty rather than their private frustrations may told the closed meeting of the nine hundred twenty two committee of rank and file lawmakers to hold their nervous. She pursues a Brexit, do although they were critical questions boy enlarge the meeting chose to rally around the prime minister, according to several people present even so her cabinet is deeply divided about the European Union negotiating strategy and the number of tourists committed to vote against her plan is growing by the day. So well, there was no challenge to her leadership and Wednesday. It remains an ever-present threat in London. Alex Morales Bloomberg daybreak. Europe in a defiant speech. The crown prince of Saudi Arabia has promised Justice in the murder of journalist Jamal kashogi prince, Mohammad bin Salman, denounced the crime in signaled confidence his authority, even as international outrage rages on despite his condemnation, he offered no new information about what happened in the Saudi consulate Tennyson, boom. Japanese Prime minister Shinzo wall base set. So for China today in the first such bilateral visit in seven years. Bloomberg's Isabel Reynolds reports Asia's biggest at being prompted to set aside that differences as they both come under pressure from US President, Donald Trump trade imbalances. Obey set to meet Chinese president. He and for me and the two countries will agree to revive the currency. Swap agreement among a raft of deals to be agreed during the trip in Tokyo is about one else, Bloomberg daybreak Europe and the handful a serial mail bummer is on in the US the secret service. Found bombs mailed to the homes of former presidents Clinton and Obama CNN also received one earlier this week another bone was sent to the home of billionaire. George Soros all five have been the target of conservative anger. The FBI warns more mail bombs could still be in secular. Cleveland us twenty miles a day on Aaron at tick tock on Twitter fell by more than twenty seven hundred journalists and analysts in more than one hundred and twenty countries and the unguaranteed. This is Bloomberg markets much Liana round up now of the European sports. Here's Colin Besley little polar on cost to reach the knockout stages of the Champions League can clubs men a top of group c after easing to four nil. Win over Red Star Belgrade Anfield, but taught number on the verge of an exit from the competition after being held to to to drawer way to Dutch oven. Meanwhile, the majority of British teams involved in Europa league action tonight, we'll be looking to maintain their unbeaten start the competition group, L leaders Chelsea. And to make it three wins from as many matches at home to have Batty Borisov of Belarus. It's the same for arsenal. In groupie her in Portugal to face, supporting and leads the championship leaders. Once again, they moved level on points with Middlesbrough and Sheffield United with a two nil. Win over bottom side, switch uncowed Edmund aims for a place in the quarter-finals of the Vienna. Open tennis later, the British number one will reach the last sixteen with victory over Spain's Fernando valley Daska in Australia, Edmund who won his first ATP tour title at the weekend to straight sets victory for Argentina's Diego Schwartzman opening round. All right. So that's your global sports. I guess world sports X America. That's how you can divide it. Right. You can say we're sports, and there's American sports absolutely much. How it is. But we didn't get our college football round up there. You can message me for that. I want to quickly give you a look at the markets because we had a huge sell off overnight in I in the US stocks yesterday and then overnight in the Asian market. The Nikkei was down three point seven percent of the clothes bounces back. Caq corron in Perry is up six tenths of one percent. Listen to you say that all day. Well, it would be a little bit boring for the rest of our listeners. Unfortunately now coming out for we'll be speaking to Jordan, Rochester. He's going to be joining us to talk about ethics from NoMura. This is Bloomberg. I get.

Bloomberg US Puma Europe London Alex Morales WPP Hsieh WPP Marcus Asia Paris Sandra Don Adolf Dassler Marcus ATI Dassler UK Gucci prime minister ATI Dassler
Bloomberg, President Donald Trump and US discussed on Bloomberg Daybreak

Bloomberg Daybreak

06:26 min | 2 years ago

Bloomberg, President Donald Trump and US discussed on Bloomberg Daybreak

"Bomb. President Donald Trump faces new hurdles in his fight to force can. Canada to sign on to a new North American Free trade agreements, we get the very latest live now from Bloomberg's John Tucker. Good morning. Good morning, Bob. The president has threatened to leave Canada out of a new trade deal already negotiate with Mexico. Dossier due to resume tomorrow. But without congressional support. He likes leverage to force candidates and make concessions a new NAFTA must be ratified by congress. And it's not clear the support is there Trump's frustration showed over the weekend as he attacked the head of the AFL CIO for saying it's pretty hard to see how NAFTA works without Canada. The battle with Canada's building is the White House also prepares to roll out new tariffs on products from China that make up some two hundred billion dollars in annual trade a public comment period on China trade wraps up on Thursday bobbin. Karen? All right. John tucker. Thank you. Meanwhile, the technology race between the US China's heating up sources say China is exploring a merger between two of the nation's three wireless carriers to speed up the development of five g mobile services. Sources say the country's top leaders reviewing a proposal to combine China United network communications group and China telecommunications. South Africa's economy unexpectedly. He entered into a recession for the first time since two thousand nine in the second quarter as farming output plunged gross domestic product shrank in annualized seven tenths of a percent in the second quarter from the previous three months that compares with the decline of two point six percent in the first quarter here in the US. We get a report I made factoring this morning from the ISM economists are forecasting a lower index reading fifty seven point six in August. Bloomberg's Vinny Del Giudice, sir reports in July. The ISM factory index dropped to fifty eight point one a three month low the pace of new orders, the weakest and more than a year. Even so the overall is index remains elevated after setting a fourteen year high in February regional factory reports from the feds district banks the mixed picture for August. Kansas city. Dallas and Philadelphia signaled weakness Richmond and New York reported faster growth. Vinny Del Giudice, Bloomberg daybreak. Thank you that the big economic event of the week comes on Friday with the release of the August jobs report, economists are forecasting the. Employment rates will fall to historic lows, Gina smile. It covers the economy for Bloomberg news economists expecting the unemployment rate to drop to three point eight percent in August that will be the lowest since two thousand matching the lowest since one thousand nine hundred sixty nine. The one puzzle. That remains as the unemployment rate has dropped lower. Is why wages aren't picking up in a more sustained way? They're expected to be basically in line on a year-over-year basis. Still below three percent that's weaker than we've seen in prior expansions. And not as strong as you would expect these extremely low levels of joblessness. I think that's a big question. Jerome Powell the fed chair and his colleagues will be watching as we get jobs reports for the remainder of the year, Gina smile. Thank you. Economists are forecasting hundred ninety three thousand non-farm jobs were created last month. Ford. Fiat Chrysler any overseas, automakers report, their August sales figures today, we get more from Bloomberg's Jeff Bellinger. Forecasters J D power and LLC automotive say new vehicle sales for last month will likely be up very slightly from August of last year. They're looking for a gain of one percent, maybe a little more to around one and a half million hurricanes Harvey and Irma disrupted business and Labor Day sales events and parts of the south in August of two thousand seventeen the cutoff day for counting August sales corresponded with the calendar this year it was last Friday. So this year's Labor Day sales will be part of the September sales reports Jeff Bellinger, Bloomberg daybreak. Thank you, Jeff. The Bank of England's governor has the chance to put speculation about his future to rest today. Sebastian Salt Lake is live in London with details. Good morning Sebastian. Good morning. Karen will county will testify in front of UK lawmakers. Buffalo is a report from the BBC yesterday that he's in talks about staying on in the row. Beyond his planned departure date of June of next year. A government spokesperson has played down that prospects, Saint Carney still plans to be his road in two thousand nineteen but the silence from the governor has fueled speculation that needs to stay on to ensure stability after Brexit in March or that the treasury is struggling to find a replacement. What it focuses on the negotiations live in London? I'm Sebastian sonic. Bloomberg daybreak Sebastien. Thank you. Incorporate news WPP shares are down more than five percent new chief executive Mark raids signaled he would spend more to revive growth at the world's biggest advertising group WPP has forecast a profit margin. Squeeze in the full year, the Netherlands-based Bank. I n g will pay nine hundred million dollars to settle a Dutch investigation in the money laundering and corrupt practices. The Bank acknowledge what it called serious shortcomings science. She also saying it's taking action against a number of former senior employees hasn't features at this hour up by two points, less than a tenth of one percent. This is Bloomberg. And that brings us to six oh seven on Wall Street. Let's bring in Bloomberg's Michael Barr with the very latest at home and around the world. Good morning. Michael good morning. Bob, President Donald Trump has tweeted that federal indictments against two Republican congressman place, the GOP in midterm election. Jeopardy in a tweet yesterday. Trump again attacked attorney general Jeff Sessions while suggesting that the Justice department considered politics would making decisions the president cited what he called Obama era investigations shortly before midterm elections and that too easy wins. Now in doubt, unquote. He mockingly added. Good job. Jeff, it's a full schedule for congress as it returns this week. Bloomberg's Ed Baxter has an overview confirmation hearings for US supreme court nominee. Brad kavanagh. Among the question. Sure to be asked focus on the fate of a court case and the Russia probe whether cases already adjudicated should stand. A look into the issue. You of abortion through Roe v. Wade and presidential accountability. Lawmakers also work on multiple spending bills to avoid a government shutdown the end of the month. And Twitter's CEO, Jack Dorsey and Facebook, CEO, Sheryl Sandberg will testify tomorrow on foreign interference in the US electoral process, also likely facing questions on news distribution in San Francisco. I'm Ed Baxter..

Bloomberg President Donald Trump United States Canada Jeff Bellinger Vinny Del Giudice President Trump John Tucker Congress Gina Smile BOB China Jeff Karen Nafta Michael Barr ISM China Telecommunications Mexico
Ad Giant WPP Taps Company Veteran Mark Read for CEO

Bloomberg Daybreak: Europe

00:20 sec | 2 years ago

Ad Giant WPP Taps Company Veteran Mark Read for CEO

"On the back foot the Asia Pacific index down for a. Third day we're about thirty minutes away from the European equity market open. And it looks like we could open lower here, as well Dax futures low by three tenths of a percent CAC forty features down by, two tenths of a percent off by a tenth of a percent Footsie-100 futures though slightly higher higher by almost four tenths of a. Percent

Bloomberg Theresa May Italy President Trump Michel Barnier UK Donald Trump Emma Ross Thomas United States Europe WPP Finance Minister Giovanni Editor Canada Asia
Coca-Cola to buy Costa coffee chain for $5.1 billion

Bloomberg Daybreak: Europe

00:26 sec | 2 years ago

Coca-Cola to buy Costa coffee chain for $5.1 billion

"Session we are closing out. Over in Asia, down around three or four tenths percent. On the MSI Asia-Pacific that's translating into losses here in Europe. Not by an enormous amounts of US features a pretty flat, positive but for now we are in negative territory in Europe the stock six hundred down by two tenths of a percent at the open, the Footsie-100 losing three tenths of a percent the CAC heroines losing two tenths of a percent things little more stable at flattish around the, periphery of the

Bloomberg Whitbread Marcus World Trade Organization United States President Trump Donny Berger Donnie European Union Donald Trump CEO Wpp Whitbread Europe Asia Oval Office Treasury MSI Turkey Coca Cola Costa Coffee
"wpp" Discussed on BBC Radio 4

BBC Radio 4

02:05 min | 2 years ago

"wpp" Discussed on BBC Radio 4

"Us quarter six and it's a moment of truth today the big advertising company p there's been a scandal as he will know about the departure with chief executive some martin sorrell and today they have to face quite angry shareholders his dominant without in the rest of his yes martin has denied reports in east company funds to pay for a prostitute but there is why does shareholder anger about the manner of his departure the lack of explanation of the reasons for his departure and ongoing anger about his pay packet what he has been paid what he will be paid one of the key organizations that advises shareholders how to vote at moments like these is called perk it's told investors to vote against four of the motions at the wpp meeting today including the re election of the chairman roberto quarter here's gd ajami of perk first one is opposed on reports and that's because we believe that the report is more or less a window into the company and in this case they lack of transparency behind some of those leaving the company is enough to oppose annual reports and also we opposing the remission reports are concerns over time has been over the quantum of pay somewhat so receives this year is not different on more importantly is could leave a status giving him in this instance which could mean to be entitled to over ten million pounds about the next few years which is not appropriate now opinion also what's in recommending unopposed votes on the chairman what about a quarter one of our concerts has been fact that he says to significantly said companies and that's wpp and smith and nephew across has been how able to hunt do situation such as this that was cheetah a germany of pick sarah wilson as a chief executive of a similar advisory shareholder group minerva which doesn't make recommendations but sarah presuming you've been telling people who pay your advice that the do have some concerns about the depth the situation at wpp i think shareholders have been very concerned about the lack of frankness from the board about how this matter is being handled we shouldn't get to prairie about aut somebody does all doesn't allegedly do what we are concerned about is.

chief executive martin sorrell chairman wpp germany sarah wilson Us roberto quarter smith ten million pounds
Investors challenge WPP over Sorrell's departure

Today

02:05 min | 2 years ago

Investors challenge WPP over Sorrell's departure

"Us quarter six and it's a moment of truth today the big advertising company p there's been a scandal as he will know about the departure with chief executive some martin sorrell and today they have to face quite angry shareholders his dominant without in the rest of his yes martin has denied reports in east company funds to pay for a prostitute but there is why does shareholder anger about the manner of his departure the lack of explanation of the reasons for his departure and ongoing anger about his pay packet what he has been paid what he will be paid one of the key organizations that advises shareholders how to vote at moments like these is called perk it's told investors to vote against four of the motions at the wpp meeting today including the re election of the chairman roberto quarter here's gd ajami of perk first one is opposed on reports and that's because we believe that the report is more or less a window into the company and in this case they lack of transparency behind some of those leaving the company is enough to oppose annual reports and also we opposing the remission reports are concerns over time has been over the quantum of pay somewhat so receives this year is not different on more importantly is could leave a status giving him in this instance which could mean to be entitled to over ten million pounds about the next few years which is not appropriate now opinion also what's in recommending unopposed votes on the chairman what about a quarter one of our concerts has been fact that he says to significantly said companies and that's wpp and smith and nephew across has been how able to hunt do situation such as this that was cheetah a germany of pick sarah wilson as a chief executive of a similar advisory shareholder group minerva which doesn't make recommendations but sarah presuming you've been telling people who pay your advice that the do have some concerns about the depth the situation at wpp i think shareholders have been very concerned about the lack of frankness from the board about how this matter is being handled we shouldn't get to prairie about aut somebody does all doesn't allegedly do what we are concerned about is.

Chief Executive Martin Sorrell Chairman WPP Germany Sarah Wilson United States Roberto Quarter Smith Ten Million Pounds
Martin Sorrell, Wpp and Ross Mcewan Arby discussed on Bloomberg Daybreak

Bloomberg Daybreak

01:34 min | 2 years ago

Martin Sorrell, Wpp and Ross Mcewan Arby discussed on Bloomberg Daybreak

"They have been hyping for a permanent unconditional waiver but now the trade commissioner in brussels cecilia mountains trump saying that even if there are no duties she does expect some sort of cap on e u exports the question now is whether that's a hard cap and there are limits to the volumes of exports or software where more exports possible but duties apply after a certain level in london interesting solid bloomberg daybreak sebastien thank you when it comes to trade in north america canada's prime minister justin trudeau says no deal on nafta would be better than a bad deal trudeau spoke with bloomberg in toronto i will stand up for canadian interests i will only sign a deal that is good for canada and no nafta is better than a bad deal and we've made that very clear with the president in his interview with bloomberg trudeau also downplayed the impact of nafta that nafta collapse would have his remarks could come his remarks come i should say ahead of a g seven summit hosted by canada next week royal bank of scotland are down one percent at the bank's chief financial officer unexpectedly resigned stevenson who had been at the bank for about four years had been seen as a candidate to potentially replace ceo ross mcewan arby says that search for his successor will commence immediately martin sorrell is getting back into the ad business the former wpp ceo he's taking control of a publicly traded company just six weeks after his abrupt exit from the world's biggest advertising company for capital of vehicle largely funded by sorrel will be acquired by investment firm darren capital.

Martin Sorrell WPP Ross Mcewan Arby Royal Bank Of Scotland Prime Minister North America London Brussels Darren Capital CEO Commissioner Stevenson Chief Financial Officer Bloomberg Trudeau President Trump Toronto Bloomberg Nafta Justin Trudeau
Market Drivers Report May 1st 2018

02:05 min | 2 years ago

Market Drivers Report May 1st 2018

"In investing at the level required and again shares of both companies are moving lower marathon petroleum buying rival oil refiner and deva for twenty three point three billion in a deal that creates the largest independent fuel maker in the us and in the united kingdom k saints plans to buy walmart's as a unit in a seven point three billion pound deal that boosts the uk grocers clout in a highly competitive market it is one oh two on wall street that means it's time now for the market driver's report with a focus on american depositary receipts and here is dave wilson thanks charlie eighty yards are higher unlike us shares the snp a dr index is up a tenth to represent the s and p five hundred down three tenths of a percent picking up where you left off charlie the uk sainsbury has jumped fourteen percents in us trading the supermarket chain agreed to buy walmart's uk grocery as the purchase price works out to about ten billion dollars shares of walmart are higher by one point three percent now another uk company wpp's gained about eight and a half percent speculation is growing that the advertising company will sell assets after the departure of founder morton sorelle he unexpectedly left wpp two weeks ago switzerlandbased glencore has fallen three and a half percent some of the commodity producers assets and the democratic republic of congo were frozen by a court ruling the decision was made in a legal dispute between glencore and a former partner and china's by do has dropped two and a half percent here in company said it selling a majority stake it's finance business by do is raise more than one point nine billion dollars for the unit from carlisle group teepee g and other investors charlie and that's dave wilson reporting so again rick capping here mixed aid for us equities the dow higher up now by twenty three points up a tenth of a percent sp down seven down three tenths of one percent nasdaq down thirty five a drop of five tenths of one percent i'm charlie pellett debt is a bloomberg business flash.

Partner Bloomberg Charlie Pellett Rick Founder UK Dave Wilson China Marathon Petroleum Glencore Morton Sorelle WPP Sainsbury Walmart United States One Percent Nine Billion Dollars
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"A quarter of a percentage point narrow all right i just need to bring you some headlines breaking on sainsbury's here because of course this was something that came over the weekend bloomberg had that exclusive saints brees has agreed terms with asda the deal values as dr about seven point three billion pounds and it says that walmart is to hold forty two percent as well as that we are getting numbers actually three days early out of sainsbury's today as well fully underlying pretax five hundred eighty nine million pounds it says the market remains competitive and sainsbury's proposing a final dividend of seven point one pence per share marcus these numbers are still coming through so let you break wpp we'll come back to sainsbury's if we get a bit more absolutely i mean this would essentially create create a behemoth within the uk retail sales to rival tesco let's break these wpp figures than first quarter revenue down four percent to three point five six billion pounds like for like revenues higher up by zero point eight percent meanwhile ppc's the annual headline diluted eps growth of that five percent to ten percent per annum so eps growth diluted according to wpp it's also cutting its target range of average net debt to ebitda ratio to one and a half to one point seven five times wpp's still sees twenty thousand flats like for like revenues revenues less pass through call sir we're getting through a lot of different lines from this business which is of course also sort of in a soul searching mood after martin sorrell left this company.

sainsbury bloomberg brees walmart wpp martin sorrell asda uk tesco ppc five hundred eighty nine milli five six billion pounds three billion pounds forty two percent eight percent five percent four percent ten percent
"wpp" Discussed on Six Pixels of Separation - Marketing and Communications Insights - By Mitch Joel at Mirum

Six Pixels of Separation - Marketing and Communications Insights - By Mitch Joel at Mirum

02:01 min | 2 years ago

"wpp" Discussed on Six Pixels of Separation - Marketing and Communications Insights - By Mitch Joel at Mirum

"Okay so so with that are we or are we not in a world where some of the biggest brands didn't do the y i mean that's the thing right as some of the biggest brands when i look at that list and i look at it a lot i think wpp's responsible for push it out i'm like most of these brands didn't the why came later it wasn't part of the dna in most of the top brands that we see have been you know what's fascinating in the great brands that i admire you know maybe it's patagonia maybe it's apple certain other brands the why was always there the why was there at the very beginning most great brands that that i think have stayed the course and have done well over a period of fifty to one hundred years the why never went away the why might have changed slightly the way the why was found but most people would be able to tell you the why i remember being upland early nineties when it was a piece of shit place to work matter of fact people at apple wouldn't how people in the valley they worked at apple because it was seen as a failure almost bankrupt and yet if you were inside that building you knew why people were there it was like a freakin cult people had cots in their offices they believed that they were making something that would change someone's life and they knew that the people ibm didn't give a shit about that the only cared about revenue so that was the spirit that kept them alive and look at it now i'm i don't know if employs at apple understand the true y you know of the stories that steve jobs used to tell but some of the remnants of the dna of the why are still there to cook trying to keep it alive in his own way but i think it's one of the reasons why apple is still so relevant today other than the transition from a computer company to a consumer company we don't talk about brands pure brands and i know that a lot of times even reading your work you'll you'll tag the word of mosul at the front of it it's going to be an emotion.

wpp apple mosul ibm steve one hundred years
"wpp" Discussed on Marketplace All-in-One

Marketplace All-in-One

01:44 min | 2 years ago

"wpp" Discussed on Marketplace All-in-One

"This marketplace podcast is brought to you by bell healthcare needs help patient visits costs and paperwork are spiraling battelle advanced technology and energetics are designed to improve efficiency patient outcomes and the healthcare experience at patel it can be done learn more at patel dot org slash q i and by the michigan economic development corporation there's no substitute for experience especially when it comes to creating the transportation of tomorrow that's why when it comes to mobility more and more businesses are turning to planet them michigan is home to the largest concentration of auto related engineers in the nation as well as various all road an all weather atonement testing centers to learn more head to planet m dot com planet in michigan where big ideas and mobility are born with a new round of us sanctions on russia expected today how will moscow respond and a shakeup at the world's biggest ad firm this is the marketplace morning report live from the bbc world service i'm anew on good morning wire and plastic products otherwise known as wpp the advertising mega giant that owns adage ince's market research firms and yes even wired household goods faces a new chapter after its founder and ceo sir martin sorrell announced his resignation this weekend following an investigation into his possible misuse of company funds so what's next for wpp bob whitten is founder of the consultancy deconstruction as selloff of wpf's pays assets over over to six festival money if wpp finds the hit needs to read boasted spouse shapes our how then a disposal could be one significant tool in it summary whoever they decide.

bell healthcare russia ince sir martin sorrell bob whitten founder patel dot michigan moscow bbc founder and ceo wpp
"wpp" Discussed on KBNP AM 1410

KBNP AM 1410

02:06 min | 2 years ago

"wpp" Discussed on KBNP AM 1410

"The the first the most obvious question for me is what did this guy do what did sir martin do that means he quits the company that he founded his baby his everything looked like in his in his exit memo what did he do to make him leave well wpp on telling us which is a somewhat disappointing but the allegations are on personal misconduct misuse of company assets and we can only assume that these are pretty serious allegations as far as they have four allowed says he said and given how attached he was to this company we're going to assume that were fairly grave claims against him is it a surprise that the stock is down this morning i think the fact the stock is down is probably speaking to investors being concerned about the southern this of his departure and the fact that we didn't have a clear succession plan in place we've now got to interim coach for preaching this is not a longterm solution wpp investors are seeing that as a negative what what does the possibility of break up here i mean is isn't that something that analysts had been betting on previously tends to be a theme this morning the idea is that there's some parts of the group which some martin sorrell likes to have and he wanted in the business which nevertheless would make sense to sell sip hops for example the kantar data division would be a candidate for sale it's been underperforming compared to the rest of the group all really liked it others didn't so yes breakup is perhaps on the cards in terms of in terms of how easy that would be to engineer i stay to the media market at the moment obviously influx we're watching what is happening with facebook how difficult a challenge would samolthan successor at farm street actually face here i think the breakup could be engineered fairly straightforward for certain divisions so for example the pr firms wbz be owns it's not clear how that relates to the advertising business simply the market research stuff that could be taken by private equity and wouldn't necessarily damage the core what wpp does so you're right there that they come in at time with significant headwinds that the reform this group was gonna significant pressure and they'll be.

martin sorrell facebook wpp sir martin kantar engineer
"wpp" Discussed on KBNP AM 1410

KBNP AM 1410

02:10 min | 2 years ago

"wpp" Discussed on KBNP AM 1410

"Morning the german capital of berlin i'm bat miller good morning from the uk capital of london and bloomberg's european headquarters johnson you're listening to daybreak on london da digital radio and around the well matt miller let's talk about these markets the headline level it's all pretty bell to be honest but below that things are actually happening so let's talk about what's happening in the stock market's first of all which as i say are going nowhere in a hurry so you've basically got most markets barely budging but let's take a look at what is happening in the stock sector whitbread the uk owner of costa coffee in various other brands is being targeted by elliott management the activist investor the stock is trading up by six point two percent this morning we've also got quite a lot of knees around some of other stocks as well shire for instance trading higher this morning it's gonna make a disposal it's on college business this is takeda potentially readies a bid for that business then we have wpp which will talk about it just a moment is trading down this morning at well twenty down around two percent it earlier got up to the flat line but has since faded it opened down gaps lower this morning down around four percent on the departure of samal sorrel then we've got what is going on in the in the german bond market which to be honest and i can't quite believe i'm going to say this but german bonds are interesting this morning despite trading in a range with studied see yields picking up around point five point five five which doesn't sound like much matt miller but it's certainly something that is worth paying attention to so maybe we'll that a little bit later on sarah is going to be joining us but w p p and shire and whitbread i would certainly say of the stocks that are on the move absolutely want to keep an eye on those stocks and as you say it's kind of a the market's not really going anywhere but we do see some individual stories that are fascinating not only the geopolitical stuff but also what's going on at wpp let's continue talking about that right now with joe maze he covers media and telecoms for bloomberg joe to start off with the i mean.

bloomberg costa coffee wpp samal sorrel matt miller sarah berlin uk london joe telecoms two percent four percent
Britain's WPP, investors adjust to life without Sorrell

Today

01:38 min | 2 years ago

Britain's WPP, investors adjust to life without Sorrell

"West please let me finish because it's really well we all okay we've been very what kind of politics thoughts on page at the times with an outrageous mitch another colleague was you to dispute that and i'm sorry we do have to leave it there but we are returning to many of these issues about the air strikes and particularly after eight o'clock when we'll be speaking to labour's shammy khrapaty is twenty one minutes time for a look at today's papers and news websites the financial times says the resignation of some alton sorrel the founder and head of the world's largest agency and photography agency wpp came as a shock even after two weeks of speculation about his future it faced an investigation into personal misconduct i'm always denied any wrongdoing the papers the wpp empire could now break up nuisance a molten is free to start a new advertising firm as there was no clause in his contract to prevent him doing so sources tell the daily telegraph that martin got fed up with the investigation and seventythree believed he was too old for all the grief the sources used saltier language in that the guardian says he's in line for twenty million pound payout the male says the uk's braced for russian cyber revenge for the attacks on syria pick yesterday story in the sunday times it says intelligence officers at h q in the minister of defense or on standby to hit back if the kremlin wages digital warfare the mira says putin is expected to order cyber attack on britain which could target the nhl transport in revenge for saturday's missile strikes the daily express facilities such as the national grid been placed on high alert a group of vet says written a letter to the times calling on.

Alton Sorrel Founder WPP Martin UK Putin Seventythree Syria Kremlin Britain NHL Twenty Million Pound Twenty One Minutes Two Weeks
WPP embarks on new journey without Sorrell at the helm

00:35 sec | 2 years ago

WPP embarks on new journey without Sorrell at the helm

"The world's largest advertising company wpp is in sharp focus follows the abrupt departure of its founder and ceo martin sorrell announced over the weekend the boards priority will be to find a longterm solution to replace a stopgap plan of having to interim operating chiefs and an executive chairman meanwhile the financial times has reported that soil dozen have non compete agreement with wpp leaving him free to start a new ad company yet in yet another chinese technology company is headed for an initial public offering mainly show.

WPP Martin Sorrell Executive Chairman Founder And Ceo
"wpp" Discussed on No Agenda

No Agenda

02:23 min | 2 years ago

"wpp" Discussed on No Agenda

"Yeah i can see the problem yeah yeah it was fry the idea unless you just say well you know he was off the meter at that moment now he's working on his own i don't think it would hold very well try will this is going to they latest thing is they found that he was representing crooked cabbies or something and maybe that's why they raided the place that one no cream cabbie one yet crooked cabbies no i haven't heard that doesn't sound right now you were so you you were so spot on about the metoo movement drying up right after that special election yeah it's so completely gone and even though today we had one of the largest or maybe it was yesterday on day before one of the largest downfalls when it comes to that way bigger than harvey wind bag wpp chief sir martin sorrell quits the agency a really oh i missed that da it is in the best interest of the business for him to resign the company said he step down after an internal investigation into his personal conduct was not a hollywood per se but it's how big is i mean there's only there's wpp there's omni com is there even third yeah there is a third i thought wpp acquired publicis i think they're still separate i could be wrong but i know there's there's a fourth one which is very small we're talking about pr companies pr marketing all the you know used to be a million of them and they all got consolidated which seems like nothing but a conflict of interest written all over it you hire one of these guys in one of the you hire you know one of the advertising agencies or whatever they are grey walter thompson and right down the hall right down the hall denied the one another boil the burn back doyle whatever they take the other client i mean it's like you can do we can take all the clients because we just assign them into different sub companies it's right totally corrupt this is what happened with the i've told the story before it stopped me if you think is boring pearson publishing.

publicis walter thompson wpp sir martin sorrell
Starbucks chief executive apologizes for arrests of two black men

02:15 min | 2 years ago

Starbucks chief executive apologizes for arrests of two black men

"The big life or death stresses that can harm our health in the long term research shows the little complaints can harm us to the authors of a new study reminds us that when you've had a dust up with a friend or learn about a bad review at work you just need to well researchers from the university of california irvine and penn state track the impact from daily stresses like spats and traffic tangles and found that if someone is still fretting over the next day there is a far greater chance it will have what they call a negative effect on health and the higher the chance for chronic problems as far as ten years into the future i'm jan johnson the fda is asking for public comments on a possible new regulation that would lower nicotine in cigarettes it says research shows of nicotine levels are reduced about five million adults would quit within a year by christopher crews and i'm susanna palmer from bloomberg world headquarters kevin johnson the chief executive officer of starbucks apologized yesterday to two black men they were arrested out of philadelphia store in an incident that has led to accusations of racial profiling by starbucks and police the two men who were waiting for a third a meeting to discuss business were arrested for something called defiant trespassing and led away in handcuffs ceo johnson said a cell phone video of the event was hard to watch and that he hopes to meet the two men to offer quote face to face apology stocks across most arab markets were up today as the risk of a military showdown between the us and russia in syria that would royal the region faded while russia iran and lebanon's hezbollah group rallied around syrian president bashar alassad regime they didn't threaten any retaliation saudi arabia has said it would take part in the us coalition if it is asked to do so martin sorrell chief executive officer of the world's largest advertising company is stepping down after thirty three years wpp l see this following allegations of personal misconduct and misuse of company assets charges he denies chairman roberto quarter becomes executive chairman until.

Saudi Arabia Roberto Quarter Chairman Martin Sorrell Bashar Alassad President Trump Hezbollah CEO Philadelphia Bloomberg World University Of California Executive Chairman Irvine Lebanon Iran Syria Russia United States Starbucks
Starbucks CEO apologizes for arrests of two black men waiting in Philadelphia store

02:15 min | 2 years ago

Starbucks CEO apologizes for arrests of two black men waiting in Philadelphia store

"The big life or death stresses that can harm our health in the long term research shows the little complaints can harm us to the authors of a new study reminds us that when you've had a dust up with a friend or learn about a bad review at work you just need to well researchers from the university of california irvine and penn state track the impact from daily stresses like spats and traffic tangles and found that if someone is still fretting over the next day there is a far greater chance it will have what they call a negative effect on health and the higher the chance for chronic problems as far as ten years into the future i'm jan johnson the fda is asking for public comments on a possible new regulation that would lower nicotine in cigarettes it says research shows of nicotine levels are reduced about five million adults would quit within a year by christopher crews and i'm susanna palmer from bloomberg world headquarters kevin johnson the chief executive officer of starbucks apologized yesterday to two black men they were arrested out of philadelphia store in an incident that has led to accusations of racial profiling by starbucks and police the two men who were waiting for a third a meeting to discuss business were arrested for something called defiant trespassing and led away in handcuffs ceo johnson said a cell phone video of the event was hard to watch and that he hopes to meet the two men to offer quote face to face apology stocks across most arab markets were up today as the risk of a military showdown between the us and russia in syria that would royal the region faded while russia iran and lebanon's hezbollah group rallied around syrian president bashar alassad regime they didn't threaten any retaliation saudi arabia has said it would take part in the us coalition if it is asked to do so martin sorrell chief executive officer of the world's largest advertising company is stepping down after thirty three years wpp l see this following allegations of personal misconduct and misuse of company assets charges he denies chairman roberto quarter becomes executive chairman until.

Saudi Arabia Roberto Quarter Chairman Martin Sorrell Bashar Alassad President Trump Hezbollah CEO Philadelphia Bloomberg World University Of California Executive Chairman Irvine Lebanon Iran Syria Russia United States Starbucks
Starbucks CEO apologizes for arrests of two black men waiting in Philadelphia store

02:15 min | 2 years ago

Starbucks CEO apologizes for arrests of two black men waiting in Philadelphia store

"The big life or death stresses that can harm our health in the long term research shows the little complaints can harm us to the authors of a new study reminds us that when you've had a dust up with a friend or learn about a bad review at work you just need to well researchers from the university of california irvine and penn state track the impact from daily stresses like spats and traffic tangles and found that if someone is still fretting over the next day there is a far greater chance it will have what they call a negative effect on health and the higher the chance for chronic problems as far as ten years into the future i'm jan johnson the fda is asking for public comments on a possible new regulation that would lower nicotine in cigarettes it says research shows of nicotine levels are reduced about five million adults would quit within a year by christopher crews and i'm susanna palmer from bloomberg world headquarters kevin johnson the chief executive officer of starbucks apologized yesterday to two black men they were arrested out of philadelphia store in an incident that has led to accusations of racial profiling by starbucks and police the two men who were waiting for a third a meeting to discuss business were arrested for something called defiant trespassing and led away in handcuffs ceo johnson said a cell phone video of the event was hard to watch and that he hopes to meet the two men to offer quote face to face apology stocks across most arab markets were up today as the risk of a military showdown between the us and russia in syria that would royal the region faded while russia iran and lebanon's hezbollah group rallied around syrian president bashar alassad regime they didn't threaten any retaliation saudi arabia has said it would take part in the us coalition if it is asked to do so martin sorrell chief executive officer of the world's largest advertising company is stepping down after thirty three years wpp l see this following allegations of personal misconduct and misuse of company assets charges he denies chairman roberto quarter becomes executive chairman until.

Saudi Arabia Roberto Quarter Chairman Martin Sorrell Bashar Alassad President Trump Hezbollah CEO Philadelphia Bloomberg World University Of California Executive Chairman Irvine Lebanon Iran Syria Russia United States Starbucks
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:32 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"The motion picture community is taking to social media and paying tribute to academy award winning director miller foreman who has passed away bill michaels now on the director and his work me loesch foreman was born in the czech republic in nineteen thirty two he became an established foreign film director in the nineteen sixties for lovable blonde and the firemen's ball which were nominated for oscars in the best foreign language film category in nineteen seventy five he rose to fame when he directed hollywood blockbuster one flew over the cuckoo's nest the film starring jack nicholson and louise fletcher won five oscars including best picture and best director it became the second film in history to win the top five academy award categories he won a second oscar for the nineteen eightyfour movie amadeus milosz foreman was eighty six i'm bill michaels director ron forman tweeted people should see one of his movies this weekend to honor former michael toscano oh and i'm susanna palmer from bloomberg world headquarters martin sorrell is out the wpp pl c chief executive officer is resigning after thirty three years this following allegations of personal misconduct and misuse of company assets the investigation into the misconduct has concluded sorrel denied the allegations sorrel who seventythree we'll step aside immediately according to a statement late today by wpp wpp is the world's largest advertising company chairman roberto quarter becomes executive chairman.

chief executive officer roberto quarter chairman bloomberg world louise fletcher hollywood miller foreman executive chairman wpp wpp sorrel martin sorrell susanna palmer michael toscano ron forman oscar jack nicholson oscars foreman
South Dakota e-commerce sales tax fight reaches U.S. Supreme Court

01:17 min | 2 years ago

South Dakota e-commerce sales tax fight reaches U.S. Supreme Court

"Reward delivered by mail the supreme court has a case before that may determine just how much sales tax you will have to pay when buying things online jan johnson is here to walk us through this michael dispute is decades old should accompany have to collect sales tax on items that are sold in a state where they don't have a store or another building if the court decides in favor of state tax officials lots of small companies could be forced to spend time and money to collect taxes and submit them to local governments and some say that could even put them out of business are they the ones bringing these lawsuits in fact it's big online retailers wayfair overstock dot com and new are challenging us south dakota law that requires out of state merchants who do a lot of business inside the state to collect sales tax if the high court decides to uphold south dakota's law small business advocates say it stands to do real damage to small companies thanks john i'm mike and i'm susanna palmer from bloomberg world headquarters wpp chief executive officer martin sorrell who's under fire for allegations of personal misconduct and misuse of assets at the world's largest advertising company is resigning.

Jan Johnson Susanna Palmer Martin Sorrell Michael Dakota South Dakota Bloomberg World WPP Chief Executive Officer
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:34 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"Of this hemisphere calling on venezuela to hold free and transparent presidential elections condemning the repression the collapse of democracy and the humanitarian crisis in venezuela the resolution calls for all political parties to be allowed to participate the food and drug administration is considering lowering nicotine in cigarettes the fda's center for tobacco products wants members of the public to submit their opinions on these possible new regulations i'm michael toscano and i'm susanna palmer from bloomberg world headquarters martin sorrell is out the wpp pl c chief executive officer is resigning after thirty three years this following allegations of personal misconduct and misuse of company assets the investigation into the misconduct has concluded sorrel denied the allegations sorrel who seventythree we'll step aside immediately according to a statement late today by wpp wpp is the world's largest advertising company chairman roberto quarter becomes executive chairman until the appointment of a new ceo what will monday bring for the stock market's well investors may be mulling over defense stocks this weekend in the wake of the missile strike on syria by us uk and french forces stocks including lockheed martin raytheon boeing united technologies l three technologies honeywell northrop grumman and general dynamics may be on the radar as investors make bets on the possibility for any further military action these stocks have actually been on the radar since before the strike as investors weighed president trump's rhetoric over the suspected chemical attack in syria the next few weeks are critical for beaten down oil producers seeking to win back investor trust the head of invesco is twelve billion dollar comstock fund says it will be revealed with ceo pay packages bloomberg's courtney donohoe has more a growing chorus of investment managers have been pushing oil explorers were more fiscal discipline after years of heavy borrowing finance production that delivered slim if any prophets invest goes kevin holt said cor proxy statements do within weeks will show whether explorers like devon energy anadarko petroleum are following through on promises to more closely tied executive pay to shareholder returns courtney donohoe bloomberg radio global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm susanna palmer this is bloomberg you're listening to policy and power with amy morris and peter barnes.

invesco executive president lockheed martin raytheon boein uk roberto quarter chairman bloomberg world nicotine peter barnes amy morris kevin holt courtney donohoe bloomberg comstock fund venezuela trump general dynamics syria
Martin Sorrell steps down as head of ad giant after probe into 'personal misconduct'

01:31 min | 2 years ago

Martin Sorrell steps down as head of ad giant after probe into 'personal misconduct'

"The philadelphia seventy sixers are taking on the miami heat right now in the nba playoffs the score on the second quarter miami thirty eight philadelphia thirty six the nba had an all time record high attendance of twenty two million people for the regular season business reporter tom busby takes a look at the reasons behind all the success the nba should thank superstars like lebron james just about everyone on the golden state warriors the houston rockets and the totally rebuilt philadelphia seventy sixers so not only did we see another record for regular season attendance but tv ratings were up as well at the same time the nfl and the nhl both saw their ratings drop tnt's live nba game broadcasts were the best in five years and the nba league pass subscriptions that allows fans to watch games from outside their local viewing area up sixty three percent from last season also the nba dot com store so a twenty five percent hike in sales of jerseys and other year this year i'm michael toscano and i'm susanna palmer from bloomberg world headquarters martin sorrell has resigned as ceo of wpp l c the britishbased global advertising company this following allegations of personal misconduct and misuse of company assets had been with wpp for thirty three years his fall from grace took less than a month after wpp announced april third that it's investigating sorrel on accusations of personal misconduct sorrel had denied the accusations in a letter to wpp staff sorrell said the.

Susanna Palmer Bloomberg World Lebron James Reporter Miami WPP CEO Martin Sorrell Sixers Michael Toscano TNT NHL NFL Houston Rockets Tom Busby Philadelphia NBA Sixty Three Percent Twenty Five Percent
Martin Sorrell quits as head of world's biggest ad group WPP

01:31 min | 2 years ago

Martin Sorrell quits as head of world's biggest ad group WPP

"The philadelphia seventy sixers are taking on the miami heat right now in the nba playoffs the score on the second quarter miami thirty eight philadelphia thirty six the nba had an all time record high attendance of twenty two million people for the regular season business reporter tom busby takes a look at the reasons behind all the success the nba should thank superstars like lebron james just about everyone on the golden state warriors the houston rockets and the totally rebuilt philadelphia seventy sixers so not only did we see another record for regular season attendance but tv ratings were up as well at the same time the nfl and the nhl both saw their ratings drop tnt's live nba game broadcasts were the best in five years and the nba league pass subscriptions that allows fans to watch games from outside their local viewing area up sixty three percent from last season also the nba dot com store so a twenty five percent hike in sales of jerseys and other year this year i'm michael toscano and i'm susanna palmer from bloomberg world headquarters martin sorrell has resigned as ceo of wpp l c the britishbased global advertising company this following allegations of personal misconduct and misuse of company assets had been with wpp for thirty three years his fall from grace took less than a month after wpp announced april third that it's investigating sorrel on accusations of personal misconduct sorrel had denied the accusations in a letter to wpp staff sorrell said the.

Susanna Palmer Bloomberg World Lebron James Reporter Miami WPP CEO Martin Sorrell Sixers Michael Toscano TNT NHL NFL Houston Rockets Tom Busby Philadelphia NBA Sixty Three Percent Twenty Five Percent
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"And get a free gold ira guide call eight five five eight five eight five eight zero seven the electric guitar that blues legend stevie ray vaughan used in his first studio recording is up for auction tomorrow stevie ray vaughan was just thirty five when he died in nineteen ninety helicopter crash but that didn't stop him from making his mark on music now the instrument used for his earliest performances a nineteen fifty one fender guitar could be sold by heritage auctions in dallas for some four hundred thousand dollars music historian crank hopkins says it's a treasure with considerable historical significance noting von pretty much learned his craft on it and even mentioned it in a nineteen eighty nine interview saying he traded away and how much he liked to have it back i'm jan johnson daniel craig's aston martin number 007 goes on auction for charity in new york next week i'm michael toscano and i'm susanna palmer from bloomberg world headquarters martin sorrell is out the wpp pl c chief executive officer is resigning after thirty three years this following allegations of personal misconduct and misuse of company assets the investigation into the misconduct has concluded sorrel denied the allegations sorrel who seventythree we'll step aside immediately according to a statement late today by wpp wpp is the world's largest advertising company chairman roberto quarter becomes executive chairman until the appointment of a new ceo what will monday bring for the stock market's well investors may be mulling over defense stocks this weekend in the wake of a missile strike on syria by us uk and french forces stocks including lockheed martin raytheon boeing united technologies l three technologies honeywell northrop grumman and general dynamics may be on the radar as.

lockheed martin raytheon boein uk roberto quarter chairman bloomberg world aston martin jan johnson crank hopkins general dynamics syria stevie ray vaughan ceo executive chairman wpp wpp sorrel chief executive officer martin sorrell susanna palmer
WPP boss Sorrell being investigated for alleged misconduct, rejects allegation

02:59 min | 2 years ago

WPP boss Sorrell being investigated for alleged misconduct, rejects allegation

"Is a story that we've been looking at closely over the house you this is a story that we've been looking at very closely over the past few months and now we're just getting news today that softbank is likely to take a stake of ten percent or less than swift for swiss swiss re i'm having problems today man with with names as softbank seeks to gain a foothold in this cashrich rich reinsurance industry now back in february remember that swiss re confirmed that it had been approached by the japanese company regarding a minority stake and last month we reported here at bloomberg news softbank made value swiss three as much as thirty nine billion dollars but now we're seeing a potentially smaller stake than we originally thought and swiss three a statement that negotiations about a softbank investment are ongoing and remain at an early stage so still need to suss out exactly what that stake may or may not look like we're seeing shares of swiss re down about two percent right now martin so what's going on is that there's an investigation what what is this to do with rates at this has to do with some allegations of personal misconduct by the ceo martin sorrell involving possible misuse of company assets now the board has hired a law firm to look into quote an allegation of personal misconduct against sorrel and that's according to a statement yesterday now wpa it said the amounts involved aren't material to wpp and sorrel rejected the allegation while recognizing the company has to investigate and shares are down about two percent right now yeah carolina of course we're waiting to hear what the chinese official response is takes us to our maine top story this morning in regards to tariffs twentyfive percent is proposed by the united states on fifty billion dollars worth of chinese products the new levies they're going to focus on high tech items from semiconductors to lithium batteries they'll face sixty day public review before a final determination is may china has condemned the move and said it will respond on an equal scale against the american politics deputy ministers from both commerce and finance ministries that you.

Softbank Swiss Swiss Re Martin Sorrell Sorrel Carolina United States Bloomberg CEO Official Maine China Two Percent Thirty Nine Billion Dollars Fifty Billion Dollars Twentyfive Percent Ten Percent Sixty Day
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:16 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"The matter tells bloomberg this is likely to be one of the president's toughest actions yet to implement a hawkish trade agenda president trump has told aides he wants to announce tariffs of 25 percent on steel and ten percent on aluminum from all countries the move threatens to provoke retaliation from china the world's biggest steel and aluminum producer and comes at a time when president xi jinping's top economic advisor has been dispatched to the us to defuse tensions genus her betty bloomberg daybreak gain a thank you were getting economic data out of europe this morning euro area factory output continued to expand at a robust pace and fabio you are a at the same time there amounting signs that momentum may have peaked and purchasing managers index for manufacturing fell to fifty eight point six last month that was slightly better than estimates but the gauges decline since the end of 2017 is the steepest in two years we're also getting earnings out of europe avian bellow these reporting revenue for 2017 that beat estimates fuel by double digit growth in its belgian and mexican brown's newburgh sebastian celicas more from our love the bureau stella and kuroda these are the two brown's that a rocking at for avian rudy the two highlights of this earnings fuelling 2017 revenue double digit growth in the grounds and it'll just basing the bay rivals if you look at the average you're going to sales growth over the last five years ahead of next sleigh lorry out protein gambled all the biggest names in the consumer goods markets cheers of avian bill vare up about five percent in brussels the world's largest advertising company has lowering its longterm profit outlook wpp reduced its target for earnings growth by about forty percent that i shares of wpp down thirteen percent in london shares burglary or up more than five percent after the company announced its bring on a new chief creative officer ricardo to she joins berberia after more than a decade had given she imos the music streaming service modifiers filed to become a public company by bloomberg's alex baringo says don't call it an ipo she reports from our bloomberg 960 newsroom and san francisco the streaming music company is moving forward with its unusual way to get public a direct directs out that means the company is skipping the traditional marketing roadshow and price discovering process that's a central.

chief creative officer burglary london sebastian celicas betty bloomberg xi jinping china san francisco alex baringo ricardo wpp bloomberg brussels kuroda stella brown fabio europe us
"wpp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 2 years ago

"wpp" Discussed on Bloomberg Radio New York

"And bloombergradiocom this is bloomberg daybreak europe good morning from bloomberg's berlin bureau i'm mad miller but good morning from a very snowy london where travel carat travel chaos reigns mats are guy jones joining you from london eight squatter consciously ask how much did it no what alah how much snow does it does london need to completely lose control not to loss i think he's the on ourselves suspect color cents mazes and i think we're pretty much done it was very cold last night as well which will be answered into the mix but look it doesn't matter heating exactly i think you have an interesting assorted justification for why london just isn't prepped for and he's now we don't sweat it doesn't snore like this very often here which is basically why we don't prepare for its the uk spends more money on flood defences it rains loss in the uk which is why we spend money they'll have say heathrow did kelly is back have some big problems and as a result which did spend more money on snow clearance and getting ready but nevertheless this isn't scandinavia this isn't centraleastern europe we don't have this very often and as a result which it's it's just a costbenefit story i think in terms of whether or not you actually want to spend money on it matt quick around the bolkus's give everybody an idea of what is going on europe is trading a bit soft this morning down by pa form saying that she sold off a little bit more over the course of the last hour say frankly a frankfurt the dax them nine tenths of one percent the ibex stand sixtenths of wolves and the cac standby 510 swamp sent london which is as she got seven next davies in it this morning is trading demba threetenths of 1 percent blundell's ago wpp which trading them a thirty nearly fourteen percent a bad day the small thin sorrow over wpp over on farm straits red skills trading lokov fools not having a good day stand by.

bloomberg europe miller uk heathrow london davies wpp berlin kelly scandinavia pa fourteen percent one percent 1 percent
"wpp" Discussed on AM 1350 WEZS

AM 1350 WEZS

02:15 min | 3 years ago

"wpp" Discussed on AM 1350 WEZS

"To get to another letter in the mail bag here uh before i start talking about the shortage thing though i wanted to talk about affect i want to get to two two letters in the mail day are we did get a a letter in from one of our listeners a wpa often pottsville pennsylvania karen who lose and warriors mark pennsylvania sent me a picture of a roll roll wrote right r o l l capital our it roll right glass rolling pin and these are y'all glass rolling pin so that were used in the and 30s and 40s and the reason that they have a cap on the end is they would water is side or or put some credit awaited site to the down uh this one in great shape the caffeine cap with the role right a good housekeeping seal on it looks great not tremendous value karen fifteen twenty twenty bucks may be all but still on all one of those wonderful things when people actually role their own piecrust and did a whole bunch of other things than uh how will i remember those days anyway i wanna get to another weather in the mail bag to weaken a letter in from kirk arnor he listens to us on wgc an live dot com even though he is in way heightened pennsylvania which is close to wpp a and w eu countries soy could certainly listen to us on those and as well he says i have this rewrite him its four and a half inches in length this could pose the weather and steal the adjustable weather strap appears to be held onto the shank of the instrument with with rivers originate from my grandparents farm on the late 1970s the farm else was built on my create fair and fathers not late nineteen eighteen 90s i searched both evan worth bite websites that attempted jennifier firearm would have been unsuccessful attached is the picture of the primitives strawberry haller or and implement used to remove this denver tomato no it's valued or those it's a hand cornhuskers and kirk if you just want to go up on the internet and do a web search a search for a hand cornhuskers this is what they used to house corn on the.

pennsylvania mark pennsylvania denver cornhuskers kirk web search caffeine wpp
"wpp" Discussed on WTMJ 620

WTMJ 620

02:01 min | 3 years ago

"wpp" Discussed on WTMJ 620

"Comes from tony tony rights i have two granddaughters and would like to start something for them for college couple of saturday's ago you at a caller who asked about investing for their kids i remember you telling them to open a brokerage account and putting the money in three different funds with a 60 thirty tan allocation and then tell he goes on to ask what were the funds that you mentioned sure thanks for writing and thank you for one do this for your granddaughters we have received the lot of response about this uh this holds sixty thirty ten concept essentially splits money into large company stocks uh small company stocks and bonds on on the large company stocks side sixty percent s wpp acts get exposure to this p five hundred thirty percent goes into s w s s acts small caps a little bit more risk return potential dare ten percent goes into a multisector bond fund be a ass i ax to get a little let us stability little bit of income here but this sixty thirty 10 portfolio it's really a good place to start for some of the early portfolios here's the thing the people that are asking a lot of times about the sixty thirty ten their parents their grandparents wanting to help their kids or grandkid's get set up my guess is that you have questions as well about what's going on in your particular portfolio if you want some help if you want us to take a look get out to investingsensecom we can take a look at what you're doing in a really trying to make something that's a little bit more comprehensive and personalized for your specific situation get out to investingsensecom type in your zip code set up a time to meet with local adviser and we can put together some ideas for you and and really try to get your pointed in the right direction they bob real quick i know that we have calls you wanna get to one i wanna talk quickly about what we see shortterm and longterm with the economic or the market affects of harvey in of short term we do see a regional hit longerterm we think that it's going to be a help.

grandkid harvey wpp five hundred thirty percent sixty percent ten percent
"wpp" Discussed on FT News

FT News

01:51 min | 3 years ago

"wpp" Discussed on FT News

"On the vargen towards you arslan wpp is sometimes seen as a bellwether for the wider global economy would you think of the key numbers that give us an indication as to what's going on well one of the things is that martin sorrell has been quite negative since probably the brexit vote by summer so he's nervous already about markets and what he says has an influence on noxious the shares the entire sector and sometimes the market so the first half numbers were not great missed expectations by ten to fifteen percent depending on which profit lawn you're looking at but more importantly is the second quarter there was some sort of sense of acceleration from the first quarter so whereas a number of business units were up say on net sales yearonyear in the first quarter in the second quarter they were clearly down part of that had to do with a very strong secondquarter last year but it still was worse than expected an earlier in the story you've been writing today i think you cited a number of that client companies have announced cuts in that advertising spend could he brings up to date on some of those yeah face their fastmoving confused the dead companies like nath land proctor and gamble may cut fact eat the fan at wpp is revenues said are big chunk of the companies and they have both said that they are going to cut how much they spend on advertising the hope is that would pick up later that the event than not the only ones to have cut spending sorry earlier this year wpp said that volkswagen had pulled its advertising often nineteen years working with the company so there are some big accounts that wpp has lost but it's also worth noting that unilever has indicated that its marketing spend is likely to increase in the second half the at that might poultry father companies as well.

wpp global economy martin sorrell volkswagen unilever fifteen percent
"wpp" Discussed on Monocle 24: The Briefing

Monocle 24: The Briefing

02:21 min | 3 years ago

"wpp" Discussed on Monocle 24: The Briefing

"Market shares in the world's largest advertising company have dropped by eleven percent today wiping nearly two billion pounds of its up market value now wpp pearlers companies which is touched your life you you may never have heard of itself a londonbased company an enormous advertising greek were spread sat rights across the world every single continent in the walls and it's today cut its fullyear revenue forecast amid to lower spending by customers this isn't customers like us but it's big companies who spend on wpp advertising in particular wpp ifs singled out consumer goods manufacturers leica unilever and proctor and gamble they're focusing on cost cutting and trimming advertising as easy targets for saving money are they first set him cler items like a laundry detergent and toothpaste us all things which are the staple trail advertizes are they make about a third of revenue wpp they're coming under particular pressure now a wpp shares already dropped early this year when they said that growth is she will be about two percent the latest forecast is a growth could be as low as zero so between zero and one percent at his modest wp paper other big advertising groups around the world that shares also been dropping this year and in the other news us why are european shopping around more when it comes to their energy supply yes have you switch joy energysupply recently the marcus if you anything like the average european than the ansa is properly notes abut in sing research out today from bloomberg new energy finance suggests that the rates for leaving at the rate of switching energy supplies is nearly twelve percent and that's more than double the rates a decade ago companies such as center curve the uk and the aom of germany the biggest averaged provide has been trying to keep customers by offering everything from rooftops solar panels two connected home devices but perhaps unsurprising the companies have been promising low prices and that's been winning over consumers now the access is underpinned by the liberalisation of europe's energy markets this started back in the 1990s here in the uk we've had the ability to switch supplier for some time it was cemented in two thousand seven with the eu's socalled third energy package which free consumers to shop around for better deals one quicker tip it before i go.

advertising company energy supply uk solar panels europe energy markets energy package wpp pearlers companies londonbased leica unilever wpp bloomberg germany two billion pounds eleven percent twelve percent one percent two percent