WPP reports 2014 profits 12 % up YoY

WPP reported full-year sales and profit increases in line with analyst expectations on Monday and told investors to expect similar growth rates in 2015 as clients focus on cutting costs and rival agencies offer aggressive discounts

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War of words as Publicis defends Sapient buyout

While Publicis chairman and chief executive Maurice Levy labelled Sapient a “crown jewel” in the announcement, the chief executive of rival ad group WPP, Sir Martin Sorrell, said the move “looks like the behaviour of a jilted lover.” In a call with reporters following the announcement Levy hit back: “I don’t know what Martin knows about love

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