IPO Reporter

LONDON (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 .
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SEOUL (Reuters) - Oil rose a dollar on Wednesday, recovering from a more than $5 fall a day ago, after Iranian state media reported that the country had test-fired missiles that could reach Israel and U.S. bases in the region.
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SAN FRANCISCO (Reuters) - Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google Inc's <GOOG.O expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
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SEOUL (Reuters) - South Korean flat screen maker LG Display Co Ltd reported on Wednesday its net profit more than trebled thanks to strong demand for flat-screen televisions and tight supplies of PC panels.
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HONG KONG (Reuters) - The U.S. dollar fell and Asian stocks surrendered some gains on Wednesday, after a report that Iran tested a missile that could reach Israel, raising concerns this week's $9 dip in oil prices is only fleeting.
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(Reuters) - Federal prosecutors are investigating whether two former Credit Suisse brokers lied to investors about how they placed their money into short-term securities, the Wall Street Journal reported, citing people familiar with the matter.
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NEW YORK (Reuters) - Retail chain Steve & Barry's is expected to file for Chapter 11 bankruptcy as early as this week, the Wall Street Journal reported on its website on Tuesday.
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PRESS DIGEST - Thai newspapers - March 17

BANGKOK, March 17 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.
Morph Labs raises $1.5 million in pre-IPO funding with CSK and AO Capital (Business Wire)

LOS ANGELES & CEBU CITY, Philippines----Morph Labs, the leading enabler of Software as a Service that leverages virtual infrastructure and open source technologies, has secured a $750,000 deal with CSK Venture Capital Co.