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HJ Heinz has reported a 9.1 per cent increase in revenues for the first quarter of 2007 to $2.25 billion (£1.12 billion) from $2.06 billion (£1.025 billion) last year. In Europe, sales increased by 12 per cent to $766 million and operating income increased by 16 per cent. The company spent 25 per cent...
Steve Burch, the Virgin Media chief executive who left the company last week, had played no part in the company's sales process since 7 June, according to documents released to US financial regulators. Burch left for "family and personal reasons", according to the company, but this information, made...
firms lavish largesse directly on communications professionals, but because City public relations firms ... . There are leaner times ahead for City PR. To the extent that the upheaval in the credit markets affects banks ... . Now they are catching up fast. But so are some financial PR firms. The caricature of the City PR ...
the army for the City bec ause during a stint working for the Ministry of Defence s deputy chief ...
WPP has posted revenues up by 5.3 per cent for the first six months of 2007 compared with the same period last year, although UK growth was relatively weak. The company posted a pre-tax profit of £338 million, up by 6.9 per cent on last year. China and India were the strongest-performing regions, with...
Emap has paid £23 million to acquire Planet Media, an online business information service aimed at the global retail industry. Planet will operate as part of Emap's retail division.
Endemol has bought a 25 per cent stake in the online and mobile content company MoMedia for an undisclosed sum.
Communications to the city agency....Hill swooped for five-year-old City agency Stonehenge PR. The agency effectively bought the expertise ...
The former president of Ford, Sir Nick Scheele has teamed up with the US private equity company Ripplewood Holdings to table a bid for Ford's Jaguar and Land Rover marques, the Financial Times writes. He will be up against another former Ford executive, Jac Nasser, who is leading a bid by One Equity....
Virgin Media's credit rating was downgraded from "stable" to "negative" last week by the credit rating agency Moodys, after Virgin reported that it had lost 70,300 customers in its second-quarter results. Moodys said Virgin Media's prediction that it would gain subscribers as the year progressed was...
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