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Reuters ditches plans for online brokerage product

LONDON (Brand Republic) - News and information company Reuters has scrapped plans for a retail version of its online brokerage system Instinet. The company’s share price fell 76p to 11.92 yesterday ... business, allowing third-party retail brokers to licence and use it under their own brand-names. www.reuters.com ...

VNU buys AC Nielsen in £2.3bn deal

LONDON (Brand Republic) – Dutch publisher and internet company VNU has agreed to buy US market research company AC Nielsen in a 2.3bn cash deal which is expected to close by the first quarter of 2001 ... report in FT.com. The new deal will bring the remainder of the company under VNU’s brand. ...

GlaxoSmithKline merger gets US approval

LONDON (Brand Republic) – The 130bn merger between drugs giants Glaxo Wellcome and SmithKline Beecham has been approved by US anti-trust regulator, the Federal Trade Commission. The company, to be called GlaxoSmithKline or GSK, only has to face formal approval by the UK High Court on Wednesday ...

Agency.com axes 190 jobs in cost-cutting strategy

LONDON (Brand Republic) – New-media consultancy Agency.com has axed 32 jobs in the UK and an additional 158 worldwide in a global cost-cutting strategy following a fall in demand for interactive consultancy from blue-chip companies. In addition to the cuts in the UK, the company’s US operation ...

REVIEW: Marketing and advertising news in the week's press

Carlton has signed a deal with Roche, the pharmaceutical giant, for Rennie, its flagship brand...Carlton has signed a deal with Roche, the pharmaceutical giant, for Rennie, its flagship brand, to sponsor Christmas ITV. The deal is the first for the TV broadcaster under the new Independent Television Commission code that allows the product to appear within the credits. - General release. ...

College Hill lands UK and Ireland PR brief for Adecco

has been tasked with handling all UK and Ireland PR for Adecco, including financial PR, PA, branding ...

Razorfish shares plummet on earnings warning

LONDON (Brand Republic) - Shares in US internet services company Razorfish slumped sharply during after-hours trading last night after the company warned that its fourth-quarter earnings would be below expectations. The company said it expects to report a net loss of 17-22 cents a share and revenue of 50m ...

Carlton’s bid for European internet alliance founders

LONDON (Brand Republic) - Carlton Communications’ plans for a cross-border European internet alliance ended yesterday, after three European media companies failed to commit to a financial investment. According to a Financial Times report, Carlton was unable to secure investments from Italy’s Mediaset, Spain ...

Carlton sells Technicolor to Thomson Multimedia in $2.065bn deal

LONDON (Brand Republic) - Carlton Communications has confirmed that it has reached a 2.065bn ( 1.43bn) agreement with Thomson Multimedia for the sale of its film and video processing company Technicolor. The terms of the deal involve 1.3bn ( 0.93m) in cash and 15.5m Thomson shares valued at 717m ...

CAMPAIGN.I: News Briefs

The convergent media company 4i has been appointed the lead brand design consultancy for the new...The convergent media company 4i has been appointed the lead brand design consultancy for the new health and beauty network, whose working title is Digital Wellbeing, to be launched jointly by Boots and Granada Media early next year. The interactive brand will launch both on the web and on digital TV ...

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Making the most of mobile

Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.