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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Citi cuts organic targets for WPP but still sees value

3rd Oct 2023 11:58

(Sharecast News) - Citigroup has reiterated its 'buy' rating for advertising giant WPP despite cutting its organic sales forecasts, saying the recent underperformance of the stock is unwarranted.

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Director dealings: WPP non-exec invests, IG board members exercise options and sell

7th Aug 2023 11:17

(Sharecast News) - Advertising giant WPP was on the list of director buys on Monday, after a non-executive director picked up 4,000 shares.

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WPP cuts full-year growth forecast as interim profits slump

4th Aug 2023 07:17

(Sharecast News) - Advertising giant WPP on Friday cut its like-for-like growth forecast for the full year due as North America revenues fell in the second quarter.

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Director dealings: WPP CFO covers tax bill, Prudential board members invest

16th May 2023 12:33

(Sharecast News) - WPP was on the list of director sells on Tuesday, after its chief financial officer covered their statutory liabilities.

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WPP backs FY guidance as Q1 sales rise

27th Apr 2023 07:50

(Sharecast News) - Advertising giant WPP backed its full-year guidance on Thursday as it posted a rise in first-quarter sales.

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WPP buys sonic branding company amp

20th Apr 2023 11:31

(Sharecast News) - Advertising giant WPP said on Thursday that it has bought sonic branding company amp for an undisclosed sum.

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Citi says WPP shares 'overly cheap', stays at 'buy'

12th Apr 2023 12:25

(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of WPP, citing the easier comparables that the advertising group was facing for throughout the year.

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KKR buys stake in communications company FGS Global

11th Apr 2023 11:16

(Sharecast News) - US private equity firm KKR has agreed to invest in financial PR firm FGS Global, in which advertising giant WPP is a majority shareholder.

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WPP buys social influencer marketing agency Obviously

27th Mar 2023 15:33

(Sharecast News) - Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously.

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