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Proactive news snapshot: Kavango Resources, Motif Bio, Shanta Gold...
A glance at some of the day's highlights from the Proactive Investors newswire
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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Location Sciences hits the spot as it appoints media industry veteran to advise on location verification
Andy Roberts will join the firm after eight years as head of global trading at MindShare, a subsidiary of FTSE 100 media giant WPP
WPP to return £1bn to shareholders from £3.2bn sale of Kantar stake
"This transaction creates value for WPP shareholders and further simplifies our company," said chief executive Mark Read.
WPP in exclusive talks to sell Kantar stake to Bain Capital
WPP has been streamlining the business as part of a turnaround plan under new boss Mark Read
Investments and investor services
FTSE 100 closes firmly higher as trade optimism boosts sentiment
The Footsie closed up over 61 points at 7,559. The FTSE 250 closed up around 24 points higher at 19,659.
WPP sells stake in Chime for £54mln as it seeks to streamline business
WPP's new boss has been trying to simplify the business after a series of profit warnings
WPP sells majority stake in post-production firm The Farm
The deal will see the FTSE 100 advertising giant sell its 75% stake to Los Angeles-based group Picture Shop
Investments and investor services
Sir Martin Sorrell's S4 Capital to buy Australia-based marketing firm Biztech
Martin Sorrell said BizTech was the “perfect partner” to accelerate the business in Australia and beyond.
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FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
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Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
WPP repeats full-year guidance as it carries out strategy under new boss
WPP said plans to sell its majority stake in data analytics firm Kantar is on track
WPP due some relief as large advertisers step up marketing efforts, says Goldman Sachs
The US bank's analysts ramped up their share price target to 1,150p from 870p for the advertising group as organic growth is expected to improve in the second half of the year
Investments and investor services
Sir Martin Sorrell's S4 Capital delivers strong first quarter profits and revenues
The group’s digital content business, MediaMonks, made up two-thirds of gross profit in the quarter
WPP ‘not getting any worse’, and that’s good enough for Barclays
The ad giant has endured a tough time in recent years, with last year’s departure of boss and founder Martin Sorrell compounding falling ad spend among global businesses
WPP reaffirms 2019 guidance although first-quarter like-for-like sales drop due to "significant" US client losses
The FTSE 100-listed firm saw its reported revenue increase by 0.9% year-on-year to £3.59bn in the first quarter of 2019, but like-for-like revenue fell 1.3%
Investments and investor services
FTSE 100 closes just in red as crude price decline hits resource stocks
The UK blue-chip index finished down nearly six points at 7,428 on Friday
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City set for unusually busy Friday with RBS leading the way
Alongside RBS, AstraZeneca, Just Eat, WPP and Pearson are all due to publish first-quarter trading updates on Friday
Investments and investor services
FTSE 100 closes at near seven month high as no news is deemed good news
The UK blue-chip index finished up around 63 points at 7,523
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Once Easter is over, a plethora of blue-chip big guns are set to report trading updates and results
The Week Ahead will bring updates from the likes of Royal Bank of Scotland and Barclays, plus drugs giant AstraZeneca, and media groups WPP, Pearson and WPP
Investments and investor services
FTSE 100 closes flat as traders don't know which way to turn
Footsie closed down around 0.19 at 7,436, while mid-cap FTSE 250 was up around 95 points at 19,807