Company
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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Sorrell’s unusual contract at WPP means h’s free to compete with the ad giant, but most thought he would avoid stepping on his old company’s toes, especially this early on
Hedge-fund manager Crispin Odey said the acquisition talks are continuing
Archive
When the stock filter threw up WPP as a possible candidate, John Harrington's initial reaction was to wonder where he had stored his barge pole.
Martin Sorrell said his style of management had been sometimes “difficult" but denies allegations of personal misconduct
Investments and investor services
The FTSE 100 has clawed back all of this morning's losses and some, while the ECB has unveiled plans to end its quantitative easing programme in December
WPP said reported revenue for the first four months of 2018 were down 3.4% at £4.822bn, but with currency headwinds of 6.1%, constant currency revenue rose by 2.7% to US$6.633bn
Archive
Aside from the ECB meeting, the day ahead also includes an annual general meeting for Wm Morrison Supermarkets, and updates from PZ Cussons and Majestic Wine
Investments and investor services
It is the second time Trump has mentioned the issue of high oil prices, having previously mentioned it in April
Archive
Aside from the latest Federal Reserve policy meeting outcome and the May UK consumer price index, ad giant WPP's AGM will also draw attention in the day ahead
The AGM has received much media attention because of the high-profile departure of WPP chief executive Martin Sorrell in April
The German broker also cut its price target for the FTSE 100-listed stock to 1,075p from 1,275p, with the shares currently trading at 1,207p, down almost 3.5% today
Investments and investor services
The return of the former boss of WPP has certainly raised eyebrows across the market, but Sorrell's move may indicate subtler trends in the sector beyond his old employer
Investments and investor services
Cash shell Derriston Capital said it has reached agreement on the terms of a transaction to acquire S4 Capital Limited, a new company formed by Sorrell
Investments and investor services
A look at some of the biggest risers and fallers in London on Monday.
The FTSE 100-listed firm said its adjusted like-for-like net sales were down 0.1% in the first quarter of 2018, much better than the around 1% decline expected by analysts
Martin Sorrell is entitled to receive payouts worth nearly £19mln over the next five years
The FTSE 100 closed below the 7,200 level as sterling continues to strengthen against the dollar
In its last annual report, the media giant said it constantly refines a list of possible external candidates for the job
Martin Sorrell said he rejects the allegations against him "unreservedly".
Shore Capital’s analysts said: “We regard these results as reassuring given that they have been achieved against the backdrop of an unsettled macroeconomic and political uncertainty and resultant uncertainty over advertising spend”
