WPP Share News (WPP)

Monday broker round-up

(ShareCast News) - N Brown: HSBC downgrades to hold with a target price of 205p. Kingfisher: UBS downgrades to neutral, 390p target. Morrison: Credit Suisse keeps at neutral with a 200p target. WPP: Jefferies downgrades to hold with a 1850p target. Wolseley: Exane BNP Paribas keeps at underperfor

Motor racing-Brown steps down from CSM, linked to F1 role

By Alan Baldwin LONDON, Sept 26 (Reuters) - American marketing executive Zak Brown, who has been linked to a role in Formula One after Liberty Media's takeover, announced on Monday he was stepping down from his current role as head of CSM Sport&Entertainment at the end of the year. Br

WPP to invest in French media investment group LNEI

(ShareCast News) - WPP said on Thursday that it will invest in French media investment group Les Nouvelles Editions Independantes (LNEI) as it looks to focus more on Western Continental Europe following the Brexit vote. Launched in Paris in 2009, LNEI has investments in French publishing titles in n

BUZZ-Online ad firm Trade Desk surges in debut

** Strong debut from The Trade Desk, an online advertising platform, keeps recent IPO momentum rolling ** Stock opens 60 pct above issue and climbs to $29.47 high, valuing co at about $1.1 bln ** Offers 4.7 mln shares at $18, top of upwardly revised range ** Bookrunners say deal

Pirate booty? Startups see new ad market in illegal downloaders

By Jessica Toonkel Sept 14 (Reuters) - A small number of U.S.-based startups are harvesting data about the hundreds of millions people who illegally stream movies, TV shows and music in a bid to create a new advertising market. Whether major brands are willing to pay for the opportuni

INTERVIEW-Britain's WPP praises 'significant' reforms in Argentina

By Caroline Stauffer BUENOS AIRES, Sept 13 (Reuters) - The chief executive of the world's largest advertising company WPP told Reuters that Argentina's new government has made "significant" reforms in a short period of time and his group would like to make more acquisitions and investments

Yield-starved investors find solace in sterling

By Helene Durand and Laura Benitez LONDON, Sept 9 (IFR) - Corporate and financial issuers that had shunned the sterling market for most of 2016 are returning in droves, spurred by investors' search for yield and the Bank of England's upcoming corporate purchase programme. Six issuers

Friday broker round-up

(ShareCast News) - Merlin Entertainments: UBS reiterates buy with a target price of 540p. Fenner: Jefferies maintains buy with a 205p target. Randgold Resources: UBS upgrades to buy with a 9750p target. Lloyds: Berenberg reiterates hold with a 55p target. BAE Systems: Goldman Sachs keeps at buy w

BROKER RATINGS SUMMARY: Goldman Takes Centrica And Burberry Off List

WPP invests in UK-based online medical education provider

(ShareCast News) - Media agency WPP has invested in UK-based online medical education provider, The Corpus. The Corpus has developed a dedicated online platform to provide small-group interactive training sessions for healthcare practitioners delivered by clinicians. Each session features a live on

WPP Invests In UK Online Medical Education Provider The Corpus

WPP's Plista buys Oslo-based content analytics group Linkpulse

(ShareCast News) - WPP said on Tuesday that Plista, a provider of data-driven native advertising and part of Xaxis - its global programmatic media company - has acquired Oslo-based real-time content analytics group Linkpulse. Linkpulse works with over 120 publishers in Europe, enabling them to track

WPP Says Xaxis's Plista Unit Acquires Norway-Based Linkpulse

UPDATE 1-GfK majority owner denies considering stake sale

* GfK Verein says boards have no plans to approve sale * German magazine had said it was eyeing a sale or merger * GfK Verein: Will do everything it can to support GfK * Shares drop 3.8 pct to bottom of SDAX index (Adds shares, further GfK Verein comment, background) FRA

GfK majority owner denies considering stake sale

FRANKFURT, Aug 26 (Reuters) - The majority owner of GfK said on Friday it was not considering a sale of shares in the German market research firm, denying a magazine report that had said it was eyeing a merger or sale of the group. "The bylaws of (majority owner) GfK Verein show that a sha