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Ad group WPP's profits beat expectations
YAHOO
Reuters - WPP Group , the world's second-largest advertising and marketing company, said on Friday its full-year pretax profit climbed 36 percent to 669 million pounds ($1.17 billion), ahead of expectations.
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CBS loss narrows as ad sales rise
YAHOO
Reuters - CBS Corp. on Thursday posted a narrower quarterly loss in its first earnings report since the spin-off from Viacom Inc. (VIAb.N), helped by higher advertising sales at its namesake television network, home to such hit shows as "CSI."
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Viacom posts lower profit on charges
YAHOO
Reuters - Viacom Inc. (VIAb.N) said on Wednesday its fourth-quarter profit fell on a string of charges related to its split from CBS and severance costs, but revenue rose on higher advertising sales at its MTV Networks.
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Advertising helps Martha Stewart profit
YAHOO
Reuters - Martha Stewart Living Omnimedia Inc. posted a better-than-expected quarterly profit on Wednesday as advertising increases at its flagship magazine helped reverse a year-earlier loss and sent its stock up 8 percent.
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Wal-Mart Stores 4Q Profit Up 13.4 Percent
YAHOO
AP - Wal-Mart Stores Inc. reported a 13.4 percent increase in fourth-quarter profits that beat Wall Street estimates, but the world's largest retailer also offered a cautious — and disappointing — profit outlook Tuesday as it struggles with higher interest expenses resulting from international acquisitions.
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Advertising News Clear Channel posts profit, revenue slips
YAHOO
Reuters - Top U.S. radio station owner Clear Channel Communications Inc. on Tuesday posted a profit against a year earlier loss, although revenue fell reflecting a sluggish advertising market.
Sources: YAHOO
Advertising News Wal-Mart quarterly profit rises
YAHOO
Reuters - Wal-Mart Stores Inc. on Tuesday posted higher quarterly profit as an aggressive holiday advertising campaign drove demand for laptop computers and gift cards in the biggest shopping period of the year.
Sources: YAHOO
Advertising News US radio company earnings may disappoint
YAHOO
Reuters - U.S. radio companies reporting earnings next week may disappoint some investors after a challenging year for the mature medium, which faces soft advertising trends and growing competition from devices like iPod portable music players and satellite radios.
Sources: YAHOO
Advertising News Omnicom Group reports higher quarterly profit
YAHOO
Reuters - Omnicom Group Inc. , the world's largest advertising services company, reported a higher quarterly profit on Tuesday.
Sources: YAHOO
Advertising News Intuit files counterclaims against rival H&R Block
YAHOO
Reuters - Intuit Inc. said on Friday it filed fraud and false advertising counterclaims against H&R Block, marking the latest salvo in a fight over television and radio commercials run by Intuit.
Sources: YAHOO
Advertising News Time Warner profit up over 20 percent on cable
YAHOO
Reuters - Time Warner Inc. , the world's largest media company, on Wednesday said fourth-quarter profit rose more than 20 percent on strong growth in advanced cable services and feature films.
Sources: YAHOO
Advertising News Yahoo options in demand amid Microsoft speculation
YAHOO
Reuters - Many option investors are betting on more gains in the shares of Web media company Yahoo Inc. amid speculation of a tie-up with Microsoft Corp. and high hopes for continued growth in Web advertising.
Sources: YAHOO
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