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.
Read moreLondon 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.
Read moreWPP 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.
Read moreWPP 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.
Read moreLondon 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.
Read moreWPP 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.
Read moreLondon 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.
Read moreWPP 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'.
Read moreWPP 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.
Read moreLondon 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.
Read moreCiti 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.
Read moreDirector 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.
Read moreWPP 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.
Read moreDirector 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.
Read moreWPP 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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