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...Sir Martin Sorrell, head of S4 Capital, said it was “early days, but her appointment will encourage clients to have another look”. He added: “Linda will make a difference if given the wiggle room.”...
...S4 Capital boss Martin Sorrell has warned that the global economy is unlikely to show improvement this year, with clients expected to remain cautious over spending on new advertising and marketing projects...
...Instead, S4’s newest owner-managers, holders of 40 per cent of shares, must squeeze team costs. Sorrell has no plans to change his strategy....
...Analysts at Jefferies said the second warning on revenue growth within two months would be a knock to the “already fragile market confidence” in S4’s longer-term profit targets....
...Linda Yaccarino is next week planning to meet the seven banks that helped bankroll Elon Musk’s takeover of X, formerly known as Twitter, to lay out her plans to revive the struggling social media company...
...Linda Yaccarino was in full flow when a text message from a friend stopped her in her tracks....
...S4’s warning follows disappointing results from US-based advertising agency Interpublic on Friday....
...S4’s net debt is expected to rise this year — albeit in line with a targeted range of £180-220mn — owing to cash payments related to these acquisitions....
...Linda Evangelista’s infamous 1990 remark burnished the mythology of the supermodels, but also came to haunt them. Was it a statement of female power, or a sign of greed and egotism?...
...DD’s Arash Massoudi and the FT’s Joshua Franklin reported earlier this week that Mark Sorrell, who co-leads M&A and is the son of advertising executive Martin Sorrell, and Gonzalo Garcia, co-head of European...
...The S&L crisis was triggered by a real estate crash that toppled the already troubled savings and loans association....
...Industrialists, still struggling with the effects of 2022’s energy crisis, said EU targets and bureaucracy were holding up investment and innovation....
...“What used to take us three weeks can take us three hours and clients currently pay on the time taken, not the output,” says S4’s Sorrell....
...Economic data: S&P Global will release its purchasing managers’ indices for manufacturing and services for February and annualised existing home sales for January will also be published....
...Others may similarly choose to let the Booker Prize, or Radio 3’s record review, do a similar job of separating sheep from goats....
...Tim Bradshaw: Meta’s Threads is a throwback to the giddy early days of Twitter Hannah Murphy: Meta to release commercial AI model in effort to catch rivals Hannah Murphy: Linda Yaccarino’s vision for...
...Linda Yaccarino, X’s chief executive, wrote in an internal memo to staff that the company had “redistributed resources, refocused internal teams and activated more partners externally to address this rapidly...
...S4’s total headcount ticked down slightly in the quarter to 8,960. The company had blamed labour costs for its profit warning in the summer....
...The company said it had taken a more “measured” approach to hiring and S4’s total headcount ticked down slightly in the quarter to 8,960....
...The S&P 500 is down 3.5 per cent since June 30 and is on course for its first quarterly loss in a year. Here’s the outlook for today’s trading....
...WPP’s cut follows similar caution last month from Omnicom, as well as a profit warning from Martin Sorrell’s S4 Capital, so isn’t wholly unexpected....
...I was there with friends on the promise of transgressive S&M....
...Chair and founder Sir Martin Sorrell has recently reduced his travel schedule after “successful keyhole surgery” to remove a tumour in February....
...Before the warning, S4’s share price has fallen 74 per cent from its peak of 878p in October to close at 225p on Wednesday....
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