China International Trust and Investment Corp. announced it will end its joint venture with WPP's Grey Advertising in favor of a new alliance with WPP rival Omnicom, the marketing services sector leader.
Nike has seen its stock price slip 15% since a December peak. Soft overseas sales and a shakeup in the company's leadership ranks are to blame, analysts say, in combination with weaknesses in the U.S. athletic shoe market.
TNS Worldpanel's Annual Biggest Brands survey results show consumers are purchasing healthier breads. The increase can be partially attributed to the marketing companies use to show that their breads are high-fiber and whole grain.