Saul Centers, Inc. today announced the launch of an underwritten public offering of depositary shares, each representing a 1/100th fractional interest in a share of the Company's Series B Cumulative Redeemable Preferred Stock, under a newly effective shelf registration statement.

Reuters - WPP Group , the world's second-largest advertising company, launched on Wednesday a hostile bid worth 1.08 billion pounds ($2.13 billion) for British market research firm Taylor Nelson Sofres .