Archive
Storm brewing outside, but Hurricane Energy shareholders should be snug and happy at its annual meeting
Day ahead: Hurricane Energy AGM; full-year results from Ramsdens Holdings, RPC Group, Workspace Group
Company
WPP PLC
LON:WPP
WPP is one of the world's largest communications services groups. We are made up of leading companies in: Advertising; Media Investment Management; Information, Insight & Consultancy; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications;Direct, Promotion & Relationship Marketing; Specialist Communications
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FTSE 100 closes lower as traders mull ECB policy
The FTSE 100 closed at 7,237 as the European Central Bank announced its latest policy decision
Morgan Stanley upgrades WPP's rating to ‘overweight’ for the first time since 2012
In a note to clients, the US broker’s analysts raised their rating from ‘equal-weight’ after upping their target price for shares WPP to 1,975p from 1,900p
FTSE 100 recoups some losses but Brexit worries weigh
Europe again dominated the mood in London after Article 50 day
Goldman Sachs adjusts its method in valuating European stocks
Goldman is refining sector categories in its coverage of European stocks and will be updating valuations on a weekly, instead of monthly, basis
WPP boss Martin Sorrell receives final payout from controversial share scheme
WPP's Martin Sorrell has netted more than £200mln over the past five years through a controversial share scheme
Archive
FTSE shares fall ahead of Budget, as Paddy Power Betfair slumps
FTSE 100 shares end lower on Tuesday ahead of the Spring Budget speech on Wednesday and as Paddy Power Betfair shares slump
WPP slumps as banks cut target price after 2017 revenue warning
WPP is still an attractive investment despite saying sales growth could slow in 2017, according to JP Morgan and HSBC
FTSE 100 stocks dragged lower by miners and copper price drop shock
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
Advertising giant WPP bearish amid loss of some major accounts and global uncertainty
Mike van Dulken, head of research at Accendo Markets, pointed out that investors have baulked “at a nasty combo of Q4 slowdown and disappointing outlook.”
Archive
Agent Provocateur founder gives 3i and Mike Ashley a dressing down
What's trending: Mike Ashley's unlikely interest in sexy underwear; WPP says companies are grinding it out with a three yards and a cloud of dust running game; LSE boss to cancel retirement plans?
Global advertising giant WPP makes "relatively slow start" to current year after 2016 results hit new records
The world's largest advertising group, run by the high-profile businessman Martin Sorrell, reported 2016 like-for-like net sales growth of 3.1%.
FTSE falls ahead of Yellen, after WPP’s spin-free bad news
FTSE 100 shares closed lower on Friday, cautious ahead of comments from the US central bank chief, and beaten down by advertising behemoth WPP after it signalled a cautious outlook for 2017 which even spin could not conceal
Archive
London Stock Exchange doing fine as an independent entity
The LSE will want to focus on its results but the market will want to know if the marriage is off.
BarCap gives WPP some love
Barclays Capital thinks WPP should be a core holding for long-term investors
WPP weak after being pulled into US Department of Justice alleged price-fixing probe
In a note to clients today, analysts at Liberum Capital said: “At this stage, it is unclear where this investigation will head but there are obvious risks to the Agency names.”
Investments and investor services
FTSE 100 shares close higher after ECB returns to lower QE
FTSE 100 shares closed higher on Thursday, buoyed by news that the euro zone will curb its quantitative easing programme next April
Is it time to rumble in the jungle with ITV? Not according to this leading broker
With the shares trading on forward earnings multiple of just 10-times some investors might be tempted to call ITV's "bottom" and buy the shares today. But a leading City number cruncher urges caution.