Thursday broker round-up
23rd Aug 2018 14:17
(Sharecast News) - TalkTalk: Barclays upgrades to overweight with a target price of 150p.
Read moreWPP buys US branding and content agency HZ
14th Aug 2018 15:27
(Sharecast News) - WPP has bought US branding, content and design agency, Hirshorn-Zuckerman Design Group (HZ), for an undisclosed sum.
Read moreWPP brings US based Gorilla into the room
8th Aug 2018 16:28
(Sharecast News) - WPP has agreed to acquire Chicago-based e-commerce specialist Gorilla through its wholly-owned global digital agency, Wunderman.
Read moreWPP to buy remaining stake in India's Madhouse
2nd Aug 2018 10:09
(Sharecast News) - WPP on Thursday said its GroupM investment operation was buying the remaining 50% in Indian mobile marketing agency Madhouse for an undisclosed sum.
Read moreMonday broker round-up
23rd Jul 2018 12:53
(Sharecast News) - Hargreaves Lansdown: Jefferies downgrades to underperform with a target price of 1,650p.
Read moreWPP invests in US technology company SubVRsive
3rd Feb 2017 11:56
(ShareCast News) - Media agency WPP has invested in US technology company SubVRsive, which works with advertisers who want to engage consumers in the emerging virtual reality and augmented reality sector. SubVRsive's clients include the American Heart Association, Lionsgate Entertainment, Procter
Read moreCredit Suisse warns cyclicals may have gone too far, overweights financials
2nd Feb 2017 13:01
(ShareCast News) - Strategists at Credit Suisse stuck to their 'overweight' stance on Financials but cautioned clients that the current equity rally was over-extended, hence their decision to lift their allocation to 'defensive' shares to benchmark at the expense of cyclicals. Typically, a rally wou
Read moreWPP's GTB acquires Zubi Advertising Services
2nd Feb 2017 12:28
(ShareCast News) - WPP's wholly-owned full-service agency GTB has acquired Zubi Advertising Services, which focuses on the Hispanic market in the US, for an undisclosed sum. As of the end of December, Zubi's unaudited net revenues were $18.9m and its clients include Ford, JP Morgan Chase Bank, N.A.
Read moreWPP's Kantar buys Ireland's Newsaccess
1st Feb 2017 15:17
(ShareCast News) - Kantar Media, the data investment management arm of WPP, has acquired Irish multi-channel media monitoring provider Newsaccess. Founded in 2005, Newsaccess employs around 20 people and has its headquarters in Dublin. Its revenues for the year ended 31 December 2015 were around €2
Read moreWPP acquires controlling stake in Mediacom India
24th Jan 2017 12:27
(ShareCast News) - WPP has acquired a controlling stake in MediaCom India, having hitherto only carried a minority stake. MediaCom India, which employs around 170 people in four offices across the country, is a buying and planning agency focused across traditional and digital channels. The agency g
Read moreExane picks WPP and cuts DMGT as media set to outperform in 2017
16th Jan 2017 12:10
(ShareCast News) - After a weak 2016, Exane BNP Paribas predicted the media sector will outperform the wider market in 2017, though downgraded Daily Mail & General Trust due to "significant operational uncertainty". Exane said it expected media will outperform as the sector's relative p/e premium ha
Read moreWPP takes full ownership of two Chinese JVs
16th Jan 2017 09:18
(ShareCast News) - Media agency WPP has agreed to buy full ownership of two existing Chinese joint ventures from Shanghai Advertising Limited. The acquisition will see WPP's operating company Ogilvy & Mather Marketing Communications take up the remaining 25% and 15% stakes in Shanghai Ogilvy & Mathe
Read moreWPP adds Brazilian digital marketing muscle
3rd Jan 2017 13:16
(ShareCast News) - Advertising giant WPP has acquired a majority stake in Brazilian digital marketing specialist Pmweb Comunicação. Pmweb, which will operate under WPP's wholly-owned operating subsidiary Wunderman, monitors digital campaigns across multiple screens and devices on behalf of its clien
Read moreWPP increases foothold in Africa
9th Dec 2016 09:24
(ShareCast News) - WPP said its operating company Burson-Marsteller has acquired a stake in its Kenyan affiliate, Engage Burson-Marsteller. Headquartered in Nairobi, Engage Burson-Marsteller has grown rapidly since Burson-Marsteller helped to establish it in 2013, to employing around 20 people an
Read moreSector movers: Miners, Media gain
8th Dec 2016 19:24
(ShareCast News) - Shares in steel-makers and most miners were on the front foot following stronger-than-expected export and import figures out of China, while higher prices for steel overnight, in China, pushed stock in Evraz higher. China's exports edged lower by 0.1% year-on-year in November f
Read more