OF course Pfizer would not market Viagra before approval, so this announcement must be a typo. <gg>
CHICAGO, Nov. 13 /PRNewswire/ -- True North Communications Inc. (NYSE: TNO) today announced financial results for the third quarter and the nine months ended September 30.
For the nine months ended September 30, net income increased 25.2% to $14.22 million, or $.58 per share, compared to $11.36 million, or $.49 per share, reported for the same period last year.
"Again, this quarter our financial results have been on-plan and on- target," said True North Chairman and Chief Executive Officer Bruce Mason. "We continue to benefit from the increasing globalization of advertising by major international companies, as demonstrated by our new business wins.
With advertising capabilities in 19 countries and direct marketing operations in five, Wilkens has offices in Hamburg and Frankfurt, Germany; Madrid and Barcelona, Spain; the Netherlands; Poland; Hungary; the Czech Republic, and Italy. It also has equity interests in offices in the United Kingdom, Switzerland, Portugal and Slovakia, and affiliates in eight other locations.
Year-to-date, significant new assignments for True North agency brands included:
* Global account of 3Com (FCB San Francisco, Chicago, London, Hong Kong, and Modem Media); * Taco Bell, U.S. field marketing (FCB Chicago, Orange County, San Francisco, New York, and TN Media); * Midas (FCB Chicago); * Associate Financial Services (FCB Direct and FCB San Francisco); * Quaker Oats "ready-to-eat" cereals (FCB Central America, Peru, and Caribbean); * Grey Poupon, Nabisco Foods (FCB New York); * Doral Financial Group (FCB Puerto Rico); * CIBC Visa Group (FCB Direct, Canada); * Gatorade, new assignment (FCB Indonesia, Advis Integrated Communications); * GM Card Direct Marketing (FCB Melbourne); * Pfizer, new product VIAGRA (Health Science Media, FCB HealthCare); * Navigation Technologies (FCB Direct, FCB San Francisco); * The Learning Company (FCB Promotion and Design, San Francisco); * Deloitte and Touche Consulting (Tierney & Partners, Philadelphia); * Hewlett-Packard Laserjet Supplies (Cf2GS, Seattle); * KinderCare Learning Centers (Wahlstrom & Company); * Bike Control (Borders, Perrin and Norrander, Portland); * Citibank (Modem Media); * Intel (Modem Media); * Hewlett-Packard (FCB/MegacoM, China); * Heinz (FCB/MegacoM, China).
True North Communications Inc. is one of the leading global communications companies, with operations in 69 countries. In 1996, its capitalized billings exceeded $8.2 billion. True North brands include: Foote, Cone & Belding, the largest advertising agency in North America; TN Technologies Inc.; and Associated Communications Companies.
Now don't flame me, I know what you'll say. Just thought this Pfizer confidence in FDA approval was aMUSEing.
Zebra |