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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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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
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
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
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
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
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
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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