WPP Q1 revenues fall 1.4%; Guidance held

25th Apr 2024 07:41

(Sharecast News) - UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies was cut back.

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London close: Stocks rise amid raft of solid earnings

22nd Feb 2024 16:26

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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WPP flags flat revenue growth amid some market struggles

22nd Feb 2024 07:37

(Sharecast News) - Advertising giant WPP reported a resilient year in its preliminary results on Thursday, as revenue and like-for-like profits rose, although reported profits tumbled.

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London close: Stocks finish higher on raft of global data

30th Jan 2024 16:00

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

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WPP results to meet expectations as it sets medium-term targets

30th Jan 2024 07:22

(Sharecast News) - Advertising giant WPP said in an update on Tuesday that it expected its 2023 results to align with earlier guidance.

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London close: Stocks turn green after US GDP release

25th Jan 2024 15:13

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

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London close: Stocks fall as US inflation comes in hot

11th Jan 2024 16:34

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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WPP slumps after double downgrade to 'sell' by UBS

11th Jan 2024 10:51

(Sharecast News) - WPP slumped on Thursday after UBS double downgraded the shares to 'sell' and slashed the price target to 700p from 1,200p, saying that 2024 was set to be another challenging year.

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WPP reportedly mulling sale of Kantar stake

10th Jan 2024 17:14

(Sharecast News) - Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.

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London close: Stocks finish red after US payrolls beat

5th Jan 2024 17:38

(Sharecast News) - London stocks ended the trading day in negative territory on Friday as investors considered the latest UK construction data and a fresh non-farm payrolls report out of the US.

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WPP rallies on report Kantar Media could be sold for £1bn

5th Jan 2024 14:33

(Sharecast News) - Advertising firm WPP rallied on Friday following a report that Kantar Media, a division of the Kantar market research company, will be auctioned later this year.

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London close: Stocks finish higher ahead of Fed decision

13th Dec 2023 15:02

(Sharecast News) - London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.

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WPP hit by downgrade from JP Morgan

13th Dec 2023 09:13

(Sharecast News) - Advertising and media group WPP's share price was being weighed down on Wednesday with a ratings cut by JP Morgan from 'overweight' to 'neutral'.

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WPP cuts full-year forecasts after tough quarter

26th Oct 2023 07:38

(Sharecast News) - WPP cut its full-year guidance on Thursday, as technology clients continued to curtail spending.

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London close: Stocks mixed as US inflation comes in slightly hot

12th Oct 2023 16:02

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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