Grey Reports Quarterly Dividend
New York-based Grey Global Group has declared a regular quarterly dividend of $1 per common share and $1 per share of limited- duration Class B common stock. The holding company said the dividend is payable Dec. 16 to shareholders of record as of Dec. 3.
WPP Forecasts 2004 Revenue Growth
London-based WPP Group expects revenue to rise by 2-4 percent in 2004, group finance director Paul Richardson said at a recent Morgan Stanley conference in Barcelona, Spain. Richardson cited the Olympics and the U.S. presidential election as factors. He would not comment on Q4 prospects, but said, "October continued the [positive Q3] trend and has not been disappointing."