WPP Share News (WPP)

Exane picks WPP and cuts DMGT as media set to outperform in 2017

(ShareCast News) - After a weak 2016, Exane BNP Paribas predicted the media sector will outperform the wider market in 2017, though downgraded Daily Mail & General Trust due to "significant operational uncertainty". Exane said it expected media will outperform as the sector's relative p/e premium ha

BROKER RATINGS SUMMARY: Liberum Puts Rating On Ashmore Under Review

WPP takes full ownership of two Chinese JVs

(ShareCast News) - Media agency WPP has agreed to buy full ownership of two existing Chinese joint ventures from Shanghai Advertising Limited. The acquisition will see WPP's operating company Ogilvy & Mather Marketing Communications take up the remaining 25% and 15% stakes in Shanghai Ogilvy & Mathe

BUZZ-Pivotal cuts ratings on nine stocks, points to Trump risk

** Pivotal Internet and Advertising analyst Brian Wieser downgraded his ratings on nine stocks on Thursday, including Walt Disney and CBS, pointing to increased political risk under President-elect Donald Trump ** "The assumption behind the Trump trade is that everything is going to work ou

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

WPP adds Brazilian digital marketing muscle

(ShareCast News) - Advertising giant WPP has acquired a majority stake in Brazilian digital marketing specialist Pmweb Comunicação. Pmweb, which will operate under WPP's wholly-owned operating subsidiary Wunderman, monitors digital campaigns across multiple screens and devices on behalf of its clien

UPDATE 1-WPP receives U.S. subpoenas over video production practices

(Adds background) LONDON, Dec 19 (Reuters) - WPP, the world's largest advertising agency, said on Monday that three of its subsidiaries had received subpoenas from the U.S. Department of Justice as part of an investigation into video production practices in the advertising industry. R

WPP receives U.S. DoJ subpoenas over video production practices

LONDON, Dec 19 (Reuters) - WPP, the world's largest advertising agency, said on Monday that three of its subsidiaries had received subpoenas from the U.S. Department of Justice as part of an investigation into video production practices in the industry. Run by the high-profile British busin

FTSE records best week since July, Sky surges 27 pct on Fox bid

* Blue-chip FTSE 100 index ends 0.3 pct higher * Index posts biggest weekly gain in 5 months * Sky jumps 27 pct on takeover approach (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)<

Britain's FTSE gains, on track for best week since July

* FTSE 100 up 0.1 pct * Index set for weekly rise of 3.1 pct * Health care and consumer staples power gains * Rally in bank stocks falters (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=l

WPP increases foothold in Africa

(ShareCast News) - WPP said its operating company Burson-Marsteller has acquired a stake in its Kenyan affiliate, Engage Burson-Marsteller. Headquartered in Nairobi, Engage Burson-Marsteller has grown rapidly since Burson-Marsteller helped to establish it in 2013, to employing around 20 people an

Antitrust probe will hasten Mad Men decline

Sector movers: Miners, Media gain

(ShareCast News) - Shares in steel-makers and most miners were on the front foot following stronger-than-expected export and import figures out of China, while higher prices for steel overnight, in China, pushed stock in Evraz higher. China's exports edged lower by 0.1% year-on-year in November f

Britain's FTSE lags Europe after ECB extends stimulus

* FTSE 100 up 0.4 pct * ECB helps FTSE into positive territory * Capita falls 14 pct after profit warning * Sports Direct down after weak results (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?p

LONDON MARKET CLOSE: ECB Scales Back Pace Of Monthly Asset Purchases