John Chambers, CEO of US technology company Cisco Systems, has warned that the economic downturn there will continue to the end of this year and maybe longer. He said that his company had just experienced the fastest deceleration period ever prior, to the issue of a profits warning recently.
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Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well
Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million. During the year Tempus secured record new business wins worth £594 million – a… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’
Shares in Ulster Television jumped this morning as it announced a strong set of financial results and said that it expects to return to better growth in the second half of this year, following a sluggish ratings period at ITV. Ulster also said that it plans to bring its internet business into profitability in the… Continue reading Ulster Stock Rises On Positive Results
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The Daily Express has shed yet another staffer, this time thanks to the voluntary redundancy taken by head of sport Mike Allen. Allen is quitting after 15 years on the paper, but denies his decision is anything to do with the controversial regime of new owner Richard Desmond. Commercial development director Caroline Hunt has left… Continue reading Appointments Brief
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Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well
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Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million.During the year Tempus secured record new business wins worth £594 million – a 52%… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’
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BSkyB is hoping to drive subscription uptake in Ireland, having secured the rights to show more Irish content and BBC1 in the Republic. Richard Freudenstein, Sky’s CEO, has said he would like to add the leading Irish terrestrial channels RTE 1, Network 2, TV3, TG4 and UTV to the platform in future.It is thought that… Continue reading BSkyB Plans Subscription Drive In Republic Of Ireland
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Centaur Communications, publishers of Marketing Week, the Lawyer and Money Marketing magazines is thought to be seeking a private sale instead of the planned flotation it announced in November last year.It is thought that the downturn in the global advertising market could be behind the turnaround, although no comment or confirmation was available from the… Continue reading Centaur May Abandon Flotation Plans In Favour Of Private Sale
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Shares in Ulster Television jumped this morning as it announced a strong set of financial results and said that it expects to return to better growth in the second half of this year, following a sluggish ratings period at ITV. Ulster also said that it plans to bring its internet business into profitability in the… Continue reading Ulster Stock Rises On Positive Results