WPP Share News (WPP)

FTSE 100 movers: Aberdeen slides after target price cut

Aberdeen Asset Management declined on the back of Credit Suisse's decision to cut its target price on the stock from 470p to 415p, reiterating its 'neutral' rating. WPP climbed after announcing its fourth acquisition of the week. Today saw the group reveal that its wholly-owned operating company,

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S

TOP NEWS: UK Retail Sales Significantly Beat Market Expectations

LONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Babcock International Group PLC said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustri

WPP Buys Majority Of Indian Social Media Agency Social Wavelength

LONDON (Alliance News) - WPP PLC said Thursday it will acquire a majority stake in Indian social media agency Social Wavelength via its wholly-owned operating company JWT. Social Wavelength is head-quartered in Mumbai, and posted revenues of INR91.5 million for the year ended March 31, 2013

WPP to acquire Indian social media agency

WPP's wholly-owned operating company, JWT, is set to acquire a majority stake in Social Wavelength, an Indian social media agency. Social Wavelength, which employs more than 170 people, marks the group's fifth acquisition in India in the last four years. In the year ended March 31st 2013, the busi

UK MIDDAY BRIEFING: RSA Insurance Launches Rights Issue

LONDON (Alliance News) - RSA Insurance Group Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.
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UK MORNING BRIEFING: Kingfisher Gains, Looks For China Partner

LONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.

Europe's largest home improvement retailer Kingfisher gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu

WPP To Acquire Chinese Marketing Services Company XMKT Group

LONDON (Alliance News) - British advertising and public relations giant WPP PLC said Tuesday that it will acquired Chinese marketing services company XMKT Group. XMKT is head quartered in Shanghai, and has clients including Diageo and Uniqlo. In the year ended December 31, 2013, it had rev

WPP to acquire marketing services agency XMKT

In what is so far proving to be an acquisition-heavy week for the group, WPP announced it has agreed to acquire XMKT Group, a marketing services agency specialising in customer experience management. The firm, whose clients include Diageo and Uniqlo, is headquartered in Shanghai and employs approx

UK MIDDAY BRIEFING: Centamin Soars As Production Beats Expectations

LONDON (Alliance News) - Metals and minerals producer Centamin is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.

Centamin said pretax profit f

UK MORNING BRIEFING: Shares Open Mixed; Kentz Expects Strong 2014

LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.

Kentz Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di

WPP Acquires Majority Stake In Cognifide, Subsidiary Acquires Egift

LONDON (Alliance News) - British advertising and public relations giant WPP PLC Monday said it has acquired a majority stake in Cognifide Ltd, a digital technology consultancy in the UK, and its subsidiary has agreed to acquire a premium and gift specialist in China. WPP did not disclose an

WPP buys Chinese gift specialist

FTSE-100 listed WPP announced the acquisition of a Chinese gift specialist firm on Monday. Egift, which provides total integrated premium and loyalty programme gift solutions, will continue to operate independently as part of WPP's wholly-owned operating company, JWT, within its activation, field a

*WPP Subsidiary JWT To Acquire Shanghai Egift Design And Production Co. Ltd