WPP improves outlook for 2013 as revenue picks up

LONDON (Reuters) - WPP, the world's biggest advertising agency, improved its outlook for the full-year on Thursday as it reported a 5 percent rise in like-for-like revenues in July, its strongest monthly rate this year. The company, which is set to be overtaken in size by the merger of rivals Publicis and Omnicom, said the second half of 2013 would be stronger than the first six months and it expected like-for-like revenue and growth to now top its previous forecast of over 3 percent. ...

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