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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

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Share Price: 823.40
Bid: 825.20
Ask: 825.40
Change: 0.00 (0.00%)
Spread: 0.20 (0.024%)
Open: 0.00
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Prev. Close: 823.40
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Broker snap: Omnicom results bode well for WPP, says Panmure

Wed, 16th Oct 2013 09:28

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' global ad agencies alongside WPP, Interpublic and Publicis - reported third-quarter organic revenue growth of 4.1%.Panmure analyst Alex DeGroote highlighted that this is an acceleration of the first-half trend with growth equalising out to 3.2% for first nine months of 2013."Publicis conversely produced a deceleration in sequential organic growth in Q3, from 5% to 3.5%. On balance, however, there is a positive tone to both company statements, including the outlook," he said.The analysts believes that this bodes well for WPP, with Sir Martin Sorrell's UK-listed firm due to report its own third-quarter figures on October 24th."We recently napped WPP as our Q4 13 top pick ([amongst] media large caps), citing accelerating revenue trends, scope for multiple expansion and likely fall-out from the Omnicom/Publicis [merger] as positive factors," DeGroote said.The stock was down 1.56% at 1,260.99p on Wednesday morning, pulling back after a +3.1% jump the day before.BC
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22 Mar 2023 13:49

WPP confirms April 19 start for CFO designate Joanne Wilson

(Alliance News) - WPP PLC on Wednesday said that incoming finance chief Joanne Wilson will become chief financial officer designate on April 19.

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22 Mar 2023 11:56

LONDON MARKET MIDDAY: Stocks lower, pound up as rate decisions loom

(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as in-coming interest rate decisions from the US Federal Reserve and the Bank of England weighed on investors' minds.

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22 Mar 2023 09:17

WPP buys London-based influencer marketing agency Goat for GroupM

(Alliance News) - WPP PLC on Wednesday announced the acquisition of influencer marketing agency Goat for an undisclosed price.

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22 Mar 2023 08:49

LONDON MARKET OPEN: Stocks red as UK inflation stays in double-digits

(Alliance News) - Stock prices in London opened lower on Wednesday, but the pound was on the rise, after inflation in the UK came in hotter than expected in February, remaining in double-digits.

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22 Mar 2023 07:55

LONDON BRIEFING: UK inflation surprises with rise to 10.4% in February

(Alliance News) - Stocks in London are set to open slightly lower on Wednesday, after UK inflation came in hotter than expected in February.

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22 Mar 2023 07:01

WPP buys Goat marketing agency

(Sharecast News) - WPP on Wednesday said it had bought influencer marketing agency Goat for an undisclosed sum.

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17 Mar 2023 20:53

TRADING UPDATES: Petra Diamonds sells more diamonds amid price growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday, Augmentum Fintech and Tap Global on Monday, and not separately reported by Alliance News:

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7 Mar 2023 09:58

WPP acquires German healthcare communications group 3K

(Alliance News) - WPP PLC on Tuesday said it has acquired German healthcare specialist PR agency, 3K Agentur fur Kommunikation.

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7 Mar 2023 08:00

WPP buys German health PR specialist

(Sharecast News) - WPP said it had bought German public relations agency 3K Agentur für Kommunikation (3K) for an undisclosed sum.

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24 Feb 2023 09:37

LONDON BROKER RATINGS: SocGen cuts Burberry; BofA cuts WH Smith

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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23 Feb 2023 17:22

Upbeat corporate guidances lift European shares, Nvidia forecast boosts chip stocks

UK healthcare giants fall on ex-dividend trades

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23 Feb 2023 17:00

LONDON MARKET CLOSE: FTSE 100 struggles, but European peers rise

(Alliance News) - Stock prices in London closed mixed on Thursday, with blue-chips ending in the red on renewed concerns of higher rates in the US, as well as a host of stocks going ex-dividend.

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23 Feb 2023 13:52

AI could be the 'new gold' and Nvidia the largest 'miner'

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23 Feb 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, though the FTSE 100 was in the red as the more globally-focused index lamented interest rates in the US will likely keep pushing higher.

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23 Feb 2023 11:56

Sell side sees 2-19% upside for top euro zone banks

STOXX 600 up 0.18%

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