WPP earnings slump amid weak economic backdrop

7th Aug 2025 07:18

(Sharecast News) - Ad agency WPP reported a slump in half-year earnings as clients spent less and the use of artificial intelligence hit the bottom line.

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WPP appoints Microsoft exec Cindy Rose as CEO

10th Jul 2025 07:14

(Sharecast News) - Troubled advertising agency WPP has appointed Microsoft executive Cindy Rose as chief executive to succeed Mark Read who will step down on September 1.

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London close: Stocks mixed as tariff concerns ramp up

9th Jul 2025 17:46

(Sharecast News) - London equities ended Wednesday on a mixed note as renewed trade tensions from the US weighed on investor sentiment.

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WPP slashes profit outlook as trading weakens

9th Jul 2025 07:01

(Sharecast News) - Shares in WPP slumped on Wednesday after the advertising agency slashed annual profit forecasts as it failed to win new clients amid a weakening economic outlook and the growing threat from artificial intelligence.

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London close: Stocks slip as geopolitical caution resurfaces

25th Jun 2025 17:39

(Sharecast News) - London stocks closed negative territory on Wednesday as investor caution resurfaced amid ongoing geopolitical tensions despite a fragile ceasefire between Israel and Iran.

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London close: Stocks mixed on China data, trade talks

9th Jun 2025 16:08

(Sharecast News) - London's equity markets closed in mixed territory on Monday as investors weighed fresh economic data from China and looked ahead to the outcome of trade discussions between the US and China taking place in London.

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WPP chief executive Mark Read to retire

9th Jun 2025 07:26

(Sharecast News) - Advertising agency WPP announced on Monday that chief executive officer Mark Read will retire on 31 December after more than 30 years with the company, including seven as CEO.

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Quarterly sales slide at WPP, full-year outlook unchanged

25th Apr 2025 07:58

(Sharecast News) - WPP reiterated its full-year outlook on Friday, despite seeing quarterly sales slide amid mounting macroeconomic uncertainty.

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London close: Stocks mixed ahead of Trump's tariff announcement

2nd Apr 2025 14:47

(Sharecast News) - London stocks ended Wednesday on a mixed note, with investors reacting cautiously to geopolitical developments, particularly US president Donald Trump's looming announcement of reciprocal tariffs.

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WPP in talks to sell in-flight entertainment provider Spafax - report

21st Mar 2025 15:30

(Sharecast News) - Advertising agency WPP is reportedly in talks to sell Spafax, a provider of in-flight entertainment which counts some of the world's leading airlines among its clients.

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Kantar owners exploring sale of Worldpanel unit

10th Mar 2025 09:09

(Sharecast News) - Bain Capital and WPP were said to be exploring a sale of market research outfit Kantar's Worldpanel unit for more than £5.0bn.

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London close: Stocks mixed on corporate earnings, Trump tariff threats

27th Feb 2025 15:43

(Sharecast News) - London stocks closed in a mixed state on Thursday, with the top-flight index recovering from a weaker open as investors absorbed fresh US jobless claims data and a wave of corporate earnings reports.

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WPP FY revenues slide as Q4 performance disappoints

27th Feb 2025 08:35

(Sharecast News) - Advertising firm WPP posted worse-than-expected revenues on Thursday as weaker discretionary spending amongst its UK, North American and Chinese clients resulted in a disappointing Q4 performance for the company.

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London close: FTSE maintains gains on China stimulus hopes

9th Dec 2024 14:59

(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.

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London close: Stocks finish lower ahead of Budget, US election

23rd Oct 2024 15:03

(Sharecast News) - London markets closed in negative territory on Wednesday as investor caution prevailed ahead of the upcoming Budget and amid ongoing uncertainty surrounding the US presidential election.

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