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Warner Bros Discovery to launch data platform for better ad-targeting

The Olli platform will help advertisers target particular demographics with a new service called data-driven video, as clients look to maximize reach and deepen engagement. The media brands of advertising group Interpublic Group of Companies will begin testing the platform in the third-quarter of this year, Warner Bros Discovery said. "Leveraging first-party data from active users, Olli constructs detailed audience profiles, ensuring precise first-party targeting and enhanced campaign per...
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Source: yahoo.com

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Thermo Fisher lifts profit forecast as medical equipment demand improves

The medical equipment maker in January signaled that muted demand for its services used in the making of therapies and vaccines will extend at least into the first half of the year, but could pick up later. The Waltham, Massachusetts-based firm said it now expects annual adjusted profit of $21.14 to $22.02 per share, compared with its previous forecast of $20.95 to $22 per share. Analysts had estimated a profit of $21.53 per share for 2024, according to LSEG data.
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Source: yahoo.com

UPS profit falls on high labor costs, weak small-package demand

UPS reported a 3.2% decline in average daily volumes in its domestic segment and a 5.8% drop in its international segment, but said volumes "showed improvement through the quarter". "Revenue in both major businesses, U.S. Domestic and International, fell short of expectations," said Jonathan Chappell, equity analyst at Evercore ISI, in a research note.
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Source: yahoo.com

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