WPP Share News (WPP)

WPP posts revenue growth in first nine months

- Revenues rise 7.2% in first nine months - New business wins increase - Growth supported by advertising and media investment Advertising giant WPP reported a 7.2 per cent rise in revenue to 8.2bn pounds in the first nine months on the back of acquisitions and new business wins. The company achi

WPP beats forecasts with 5 percent organic growth

LONDON, Oct 24 (Reuters) - WPP, the world's largest advertising company, posted third quarter organic revenue well ahead of expectations, as it stole a march on its two biggest rivals which are locked in the process of merging. The British firm, run by Martin Sorrell, said like for like gro

BROKER RATINGS CHANGES: Six Brokers Raise ARM Price Target

INSIGHT-Getty captures risks of Fed's easy money policy

* Getty bonds go from above par to 75 cents on the dollar in 5 months * Leverage in private equity deals rising * Record junk bond issuance may hide other risky deals By Greg Roumeliotis NEW YORK, Oct 17 (Reuters) - When private equity firm Carlyle Group LP bought a contro

UK companies raise ad budgets as confidence grows -survey

LONDON, Oct 17 (Reuters) - The number of British companies increasing their marketing spend grew at its strongest pace in 13 years in the third quarter, signalling growing optimism about the economy, an industry survey showed on Thursday. The IPA Bellwether report said a net balance of 12.3

Broker tips: Gold miners, WPP, 888, Shanks

Nomura said it has been 'somewhat perplexed' by gold's recent weakness during the US government shutdown, but said it was positive on the outlook for gold prices until the end of the year. Nevertheless, the broker has downgraded its ratings for gold mining peers Polymetal and Centamin after both st

Broker snap: Omnicom results bode well for WPP, says Panmure

Panmure Gordon has kept its positive stance on advertising and media giant WPP, highlighting good read-across from sector peer Omnicom. The broker maintained its 'buy' rating and 1,550p target price for the stock. WPP's share price rose strongly on Tuesday after Omnicom - one of the 'Big Four' glo

BROKER RATING CHANGES: SDL Price Target Cut By Three Brokers

WPP snaps up Chinese digital agency

WPP has acquired Chinese digital ad agency IM2 for an undisclosed fee as it looks to expand in fast-growth and digital markets. The FTSE 100-listed advertising behemoth, which already generates $5bn of annual revenues from the Asia Pacific region, said IM2 was one of China's "leading and most succ

WPP To Acquire China-Based Digital-Ad Agency IM2.0

REFILE-Yahoo CEO Mayer has advertisers' attention, but can she get their dollars?

By Jennifer Saba and Alexei Oreskovic NEW YORK/SAN FRANCISCO, Oct 14 (Reuters) - Three weeks ago, Yahoo Inc Chief Executive Marissa Mayer strode into a Manhattan hotel and was greeted like a rock star by hundreds of advertising executives who snapped pictures as she sat down for an intervie

CORRECTED-OFFICIAL-GM's tweaked Malibu arrives 18 mos after major redesign

(In Oct. 9 story, company corrects in last paragraph that Apple's Siri was previously offered on the Chevy Sonic and Spark cars instead of the Cruze and Sonic) By Ben Klayman PLYMOUTH, Mich., Oct 9 (Reuters) - General Motors Co is taking the unusual step of offering a mildly restyled

WPP rules out bid for sports marketing group IMG

By Keith Weir LONDON, Oct 10 (Reuters) - Advertising agency WPP believes that a price tag of up to $2.5 billion for IMG Worldwide is too high to justify a bid for the sports marketing group, CEO Martin Sorrell said on Thursday. "We would love to own IMG," Sorrell told the Leaders in

London midday: Markets pause at three-month low as UK data disappoints

Disappointing UK production figures and the ongoing political deadlock in the US weighed on market sentiment on Wednesday morning, with the FTSE 100 subdued after hitting a three-month low the day before. London's benchmark FTSE 100 index was trading broadly flat by midday, erasing earlier losses,

London open: Stocks under pressure as debt ceiling looms

Markets dropped sharply once again on Wednesday as investors' appetite for risk continues to be eroded by the ongoing government shutdown in the US. Not even the news that well-known dove Janet Yellen will be nominated as the next chair of the Federal Reserve lifted stocks this morning, with the FT