WPP invests in UK-based online medical education provider
7th Sep 2016 12:31
(ShareCast News) - Media agency WPP has invested in UK-based online medical education provider, The Corpus. The Corpus has developed a dedicated online platform to provide small-group interactive training sessions for healthcare practitioners delivered by clinicians. Each session features a live on
Read moreWPP's Plista buys Oslo-based content analytics group Linkpulse
6th Sep 2016 10:08
(ShareCast News) - WPP said on Tuesday that Plista, a provider of data-driven native advertising and part of Xaxis - its global programmatic media company - has acquired Oslo-based real-time content analytics group Linkpulse. Linkpulse works with over 120 publishers in Europe, enabling them to track
Read moreThursday newspaper share tips: WPP and Astrazeneca
25th Aug 2016 14:47
(ShareCast News) - The mood in advertising giant WPP should be pretty good, opines Financial Times' Lex column, which, in something of a novelty, cites Martin Sorrell's healthy tan. Something to do with enhanced moods due to the sun and serotonin release, the column wheezed. It noted that, as was t
Read moreWPP interim headline profit and revenue beat expectations
24th Aug 2016 07:21
(ShareCast News) - Shares in WPP rallied on Wednesday after the advertising giant reported better-than-expected headline pre-tax profit, revenue and organic sales growth for the first half. Headline pre-tax profit was up 15.8% to £690m, or 11.7% at constant currency, surpassing consensus expectation
Read moreWednesday broker round-up
17th Aug 2016 21:35
(ShareCast News) - Polypipe: Berenberg maintains buy with a 360p target. Vodafone: Jefferies reiterates buy with a 260p target. Standard Chartered: HSBC downgrades to hold with a 650p target. Prudential: Goldman Sachs keeps at buy with a target price of 1750p. WPP: Berenberg reiterates hold with
Read moreWPP's J. Walter Company acquires WANDA Digital in Turkey
4th Aug 2016 10:17
(ShareCast News) - J.Walter Thompson Company, a global marketing communications agency and a subsidiary of media firm WPP Group, announced the acquisition of a majority stake in WANDA Digital, an independent digital agency in Turkey. The agreement follows an initial investment from WPP made last yea
Read moreWPP's J Walter Thompson to buy US digital agency iStrategyLabs
2nd Aug 2016 13:38
(ShareCast News) - WPP's wholly-owned global market communications agency J Walter Thompson has agreed to buy full service US digital agency iStrategyLabs (ISL) for an undisclosed sum. Based in Washington with an office in New York and 80 employees, ISL generated net revenue of $12.4m as of 31 Decem
Read moreMonday broker round-up
18th Jul 2016 13:20
(ShareCast News) - Experian: Barclays reiterates overweight with a target price of 1,550p. Rentokil: HSBC upgrades to hold with a 190p target. Card Factory: UBS reiterates buy with a 295p target. Capital & Regional: HSBC starts coverage at buy with a 61p target. Unilever: Goldman Sachs reiterates
Read moreWPP's Grey buys majority stake in China's Easycom
14th Jul 2016 11:37
(ShareCast News) - Advertising giant WPP's wholly-owned operating company, Grey, a marketing communications network, bought a majority stake in Chinese social marketing agency Easycom. The acquisition was part of WPP's strategy to invest in markets and sectors that will strengthen its content and t
Read moreWPP buys Belgium's Famous; to focus on Western EU post Brexit
11th Jul 2016 11:44
(ShareCast News) - WPP said the UK's decision to leave the European Union will lead to it placing "an even greater emphasis" on growth in Western Continental Europe as it announced the acquisition of a majority stake in Belgian creative agency Famous for an undisclosed sum. Brussels-based Famous' ma
Read moreWPP to place greater emphasis on western continental Europe post Brexit
7th Jul 2016 11:57
(ShareCast News) - Advertising giant WPP said the UK's vote to quit the European Union will see the company place a great emphasis on western continental Europe. This market included four of WPP's top-10 markets worldwide, namely Germany, France, Italy and Spain. WPP's strategic update came with co
Read moreWPP's Kantar signs agreement with Iran's Rahbar Bazaar
4th Jul 2016 10:53
(ShareCast News) - Advertising giant WPP's data investment subsidiary Kantar signed an agreement with Iran's Rahbar Bazaar Market Research Institute on Monday, to give it a foothold in the Iranian market. To develop its business opportunities and growth in the market, Kantar hopes to take advantage
Read moreMonday broker round-up
4th Jul 2016 08:05
(ShareCast News) - Auto Trader: Barclays stays at equal-weight with a target price of 340p. Dignity: Berenberg reiterates buy with a 2825p target. Dixons Carphone: HSBC keeps at buy with a target price of 400p. Mitchels & Butlers: JP Morgan downgrades to neutral with a target of 240p. Diageo: Ber
Read moreTravel&leisure stocks and financials lead gains
1st Jul 2016 14:43
(ShareCast News) - Travel stocks led the way higher at the end of the week as the Footsie advanced towards its largest weekly gain since December 2011, with stock in TUI at the top of the leaderboard but with shares in InterContinental Hotels Group and Carnival close behind as they recovered from fa
Read moreWPP to invest in Woven Digital
30th Jun 2016 13:50
(ShareCast News) - Advertising giant WPP announced on Thursday it has agreed to invest in Woven Digital, a US media company aimed at millennials. The investment will be made through its Silicon Valley-based subsidiary WPP Ventures, which invests in new technology companies that benefit WPP's clients
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