WPP Share News (WPP)

LONDON MARKET OPEN: National Grid Up, Capita Down; ECB In Focus

UPDATE 1-Interpublic says U.S. govt sought video production data

(Adds comments from Interpublic Group on request from Justice Department) By Tim Baysinger and Aishwarya Venugopal NEW YORK, Dec 7 (Reuters) - Interpublic Group of Cos , one of the world's biggest advertising companies, said on Wednesday that the U.S. Justice Department had asked one

UPDATE 1-Britain's FTSE hits one-month high as banks and miners lead cyclical charge

* FTSE 100 up 1.8 pct * Banks hit 1 1/2-year high * Rio benefits from Credit Suisse upgrade * WPP falls on reported DOJ probe (Recasts, adds detail and updates prices at close) By Kit Rees and Alistair Smout LONDON, Dec 7 (Reuters) - Britain's top share index rose

LONDON MARKET MIDDAY: Pound Dip After Weak UK Output Lifts Blue-Chips

WINNERS & LOSERS SUMMARY: WPP Hit By Report Of US Justice Probe Of Ads

PRESS: Advertising Agencies Investigated Over Bid Rigging - WSJ

Companies need to work harder to gain societies' trust-Rio chairman

LONDON, Dec 6 (Reuters) - Multinational companies need to do more to gain the trust of wider society, including better explaining why top executives are so highly rewarded in comparison to workers, the chairman of global miner Rio Tinto told British lawmakers. "Big companies are going to h

Friday broker round-up

(ShareCast News) - John Menzies: Berenberg starts coverage at buy with a target price of 660p. Synthomer: Jefferies stays at hold 367p target. WPP: Deutsche Bank reiterates buy with a 1890p target. MCBride: Berenberg starts coverage at buy with a 220p target. Acacia Mining: Canaccord stays at ove

WPP acquires American company PEP

(ShareCast News) - WPP, the British multinational advertising and public relations company, has acquired Promotion Execution Partners (PEP) as part of its investment strategy into important markets like the US. PEP is a project management and procurement company that oversees shopper marketing prom

JP Morgan reiterates 'overweight' on WPP

(ShareCast News) - JP Morgan Cazenove on Tuesday left its rating on WPP Group at 'overweight' but cut its rating to 2,032p from 2,075p. "We remain bullish on WPP as 1) organic revenue growth and earnings appear well supported; 2) our analysis shows little correlation between its share price with the

Credit Suisse reviews European media stocks; downgrades Pearson

(ShareCast News) - Credit Suisse updated its ratings and initiated on stocks in the European media sector. The Swiss bank upgraded RELX from 'neutral' to 'outperform' and bumped up the price target to 1,600p from 1,370p. It said the company's high-quality assets with market-leading positions have le

UPDATE 1-Publicis CEO: business circles are "optimistic" over Donald Trump

* Publicis shares down 1.4 pct * Businesses "optimistic" in general on Trump -Levy * Levy reiterates tone of caution over Q4 (adds Levy's comments on Q4, shares) By Mathieu Rosemain BARCELONA, Nov 18 (Reuters) - Business circles remain optimistic about the future economi

WPP's GroupM restructuring stresses tech-driven ad-buying

By Tim Baysinger Nov 14 (Reuters) - WPP Plc's GroupM, one of the world's largest media buying firms, said on Monday it would restructure its North American operations as the industry relies more on technology to place ads. Rino Scanzoni, GroupM's North America chief investment officer

UK advertising outlook improves after 'negligible' Brexit impact, WPP says

(ShareCast News) - The UK advertising industry outlook has been revised higher by marketing behemoth WPP's Group M business after what is seen as a "negligible" short-term impact from the Brexit vote. While upping its forecasts for the overall UK ad market, Group M trimmed its growth forecast for tr

Britain's FTSE slips, though posts fifth straight month of gains

* FTSE 100 down 0.6 pct * Longest monthly run of advances since 2013 * WPP jumps after update * Shire and Next fall ahead of earnings (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livema