WPP Share News (WPP)

WPP to acquire Australia's Bower House Digital

(Sharecast News) - Communications giant WPP has agreed to acquire Australian marketing technology services agency Bower House Digital for an undisclosed sum.

IN BRIEF: Everyman Media loses recruit for CFO; promotes internally

Everyman Media Group PLC - London-based cinema chain - Says Jeremy Summerfield "will no longer be joining the board as chief financial officer", giving no reason for this. Back at the end of March, Everyman had announced that Summerfield would join as CFO on or before July 1. Summerfield most recently was CFO for Americas & EMEA at Dynata, a US-based data platform provider, prior to which he was finance director of Ogilvy & Mather, part of advertising and marketing firm WPP PLC. Everyman had announced the departure of Elizabeth Lake as CFO back in December. Instead on Tuesday, the company says it has promoted Finance Director Will Worsdell to the board as an executive director, effective immediately. Worsdell joined Everyman in May, having held financial roles at restaurant chain Cote Brasserie and Heathrow Airport.

Delta, Kellogg join IBM pledge to fight bias in online ad targeting

OAKLAND, Calif., June 20 (Reuters) - Delta Air Lines Inc , Kellogg Co and several big ad agencies on Monday pledged to counteract unwanted biases in the algorithms that power their online advertising.

LONDON MARKET CLOSE: Sell-off as ECB joins hawkish central bank chorus

(Alliance News) - Stocks in Europe extended losses on Thursday after the European Central Bank hinted that half-point interest rate hikes may be on the table, making it the latest central bank prepared to act aggressively to tame rampant inflation.

Reino Unido pierde recurso judicial contra orden de la UE de recuperar millones en ayudas públicas

Por Foo Yun Chee

UK loses court challenge against EU order to recover millions in state aid

BRUSSELS, June 8 (Reuters) - Britain on Wednesday lost its court challenge against an EU order to recover millions of euros from the London Stock Exchange, ITV and other multinationals that benefited from an illegal exemption in a UK tax scheme.

UK dividends calendar - next 7 days

UK stocks hit by global gloom, windfall tax threat for utilities

May 24 (Reuters) - UK's FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares of British utilities slumped after a media report fuelled speculation of a windfall tax.

LONDON MARKET MIDDAY: FTSE outperforms as pound falters after UK PMI

(Alliance News) - London's key stock index came off its morning-session lows by midday on Tuesday, still in negative territory but outperforming European peers after the pound fell following a weak UK PMI reading.

LONDON BROKER RATINGS: Morgan Stanley cuts WPP to 'underweight'

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

IN BRIEF: S4 Capital launches S4S Ventures to invest USD100 million

S4 Capital PLC - London-based advertising and marketing agency firm - Launches S4S Ventures to invest globally in marketing technology companies with focus on the US, Europe and the Middle East. It will have two funds with up to USD100 million to invest, it explains. Its directors, including S4 Capital chair and WPP PLC founder Martin Sorrell, will invest USD9.4m in total in S4 Ventures. S4S is particularly interested in "advertising across connected TV, gaming and digital audio ecosystems," S4 Capital says. Has further interests in data warehousing, content development and "emerging digital media capturing the attention of Generation Z."

UK shareholder meetings calendar - next 7 days

S4 Capital buys US technology services firm TheoremOne for MediaMonks

(Alliance News) - S4 Capital PLC on Tuesday announced the acquisition of Los Angeles-based TheoremOne LLC, planning to integrate the technology services firm with subsidiary MediaMonks Multimedia Holding BV.

Sorrell's S4 sees good 2022 after publishing delayed results

LONDON, May 6 (Reuters) - Martin Sorrell said his S4 Capital would strengthen its financial controls as he published delayed full-year results that showed 2021 gross profit growth up 44% for the digital advertising group.

Berenberg raises target price on WPP

(Sharecast News) - Analysts at Berenberg hiked their target price on media group WPP from 1,185.0p to 1,230.0p on Thursday after the company raised guidance despite apparent headwinds.