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Published on .

Saatchi & Saatchi has had a great ride since its December separation from former parent Cordiant. The agency has enjoyed a 30% surge in its stock price since it began trading of separate shares.

Wells BDDP's misfortunes added to Saatchi's upswing, as Saatchi recently collected more than $80 million in billings in the downfall of Wells. Saatchi gained Heurer Time & Electronics' U.S. Tag Heurer account and Procter & Gamble Co.'s Oil of Olay business.

Saatchi's stock price surge also follows positive earnings reports that were recently put out by other agency networks.

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