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LONDON BROKER RATINGS: Jefferies raises Spirax-Sarco; cuts Victrex
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
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Share Price Information for WPP (WPP)
Share Price is delayed by 15 minutes
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Share Price:
823.40
Bid:
823.40
Ask:
823.60
Change:
10.80 (1.33%)
Spread:
0.20 (0.024%)
Open:
817.40
High:
823.60
Low:
816.40
Prev. Close:
812.60
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Don't have an account? Click here to register.Chief Executive pay keeps rising
Tue, 12th Jun 2012 09:05
FTSE 100 Chief Executives enjoyed bumper pay rises in 2011 while their employees got virtually no increase at all, according to a new report.The average wage earned by Chief Executives in the UK's biggest firms was £4.8m, up 12% on the year before.In contrast, employees at FTSE 100 companies saw an average pay rise of 1%."Shareholders are enraged, the survey results are likely to increase their state of agitation," the report said.The report comes as advertising giant WPP is the latest blue chip firm facing a shareholder rebellion over executive pay deals.Shareholders are angry about plans for its Chief Executive, Sir Martin Sorrell, to get a 30% pay rise to £1.3m, as well as increases in his bonus arrangements that could see him pocket an extra £6.5m a year.If the vote at Wednesday's AGM goes against the company it will mark a record sixth revolt against executive pay in one year as the so-called 'shareholder spring' continues.The study shows its boss, Sir Martin Sorrell, is the second highest paid chief executive in the FTSE 100, earning a total of £11.6m in 2011.Sorrell comes in behind Barclays boss, Bob Diamond, who earned £20.9m.The pay figures are made up of salary, bonuses and any share options that the Chief Executives could cash in during the year.The report, complied by corporate governance expert Manifest and pay consultants MM&K, called this "realisable remuneration".It said the formula was designed to replicate rules the government is bringing in requiring companies to publish one overall figure for executive pay.Companies who have lost the vote on executive pay this year include insurance giant Aviva, gold miners Centamin and Central Rand Gold, car dealership Pendragon, and explorer Cairn Energy.However, the votes are non-binding and and can be ignored by the company.
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30 Jan 2024 16:00
London close: Stocks finish higher on raft of global data
(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.
Read more30 Jan 2024 09:37
TOP NEWS: WPP ups outlook and sets out restructuring amid AI push
(Alliance News) - WPP PLC on Tuesday announced a cost-cutting plan and set out an artificial intelligence strategy, earmarking an annual cash investment of around GBP250 million in proprietary technology.
Read more30 Jan 2024 09:01
LONDON MARKET OPEN: Stocks up; UK grocery price inflation cools
(Alliance News) - Stock prices in London opened higher on Tuesday, after new data showed that UK grocery price inflation eased in January.
Read more30 Jan 2024 07:22
WPP results to meet expectations as it sets medium-term targets
(Sharecast News) - Advertising giant WPP said in an update on Tuesday that it expected its 2023 results to align with earlier guidance.
Read more29 Jan 2024 09:12
LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more25 Jan 2024 15:13
London close: Stocks turn green after US GDP release
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.
Read more19 Jan 2024 09:28
LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more16 Jan 2024 09:14
LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more12 Jan 2024 09:14
LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more11 Jan 2024 17:24
European shares fall as hot U.S. inflation data rains on rate-cut hopes
WPP down after UBS downgrade
*Read more11 Jan 2024 17:03
11 Jan 2024 16:34
London close: Stocks fall as US inflation comes in hot
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read more11 Jan 2024 10:51
WPP slumps after double downgrade to 'sell' by UBS
(Sharecast News) - WPP slumped on Thursday after UBS double downgraded the shares to 'sell' and slashed the price target to 700p from 1,200p, saying that 2024 was set to be another challenging year.
Read more10 Jan 2024 17:14
WPP reportedly mulling sale of Kantar stake
(Sharecast News) - Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.
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