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Share Price Information for WPP (WPP)
Share Price is delayed by 15 minutes
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Share Price:
807.00
Bid:
806.60
Ask:
807.00
Change:
-1.20 (-0.15%)
Spread:
0.40 (0.05%)
Open:
809.00
High:
815.60
Low:
804.60
Prev. Close:
808.20
Last checked at -
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Wed, 06th Jul 2011 08:34
Stocks have got off to a sluggish start again today, with most of the excitement to be found among smaller companies.That said, acquisitive advertising conglomerate WPP is the heaviest faller in the large-cap index. It has been waving its debit card about again, this time acquiring a majority stake in Indian advertising agency, Mindset Advertising. Sportswear retailer Sports Direct's move into the fashion world with the acquisition of 80% shareholdings in the Scottish fashion chains USC and Cruise Clothing for £7m has pleased the market. Cash and carry group Booker is in demand after saying it is on course to meet expectations for the year ending 30 March after seeing a sharp rise in sales in the first quarter. Total sales were up by 9.5% from the same period the previous year (7.4% on a like-for-like basis), and by 9.1% excluding tobacco. Like-for-like tobacco sales were up by 5.7%.Turning to smaller companies, shares in Coal of Africa roared higher after the miner said it had been granted approval to build its project at Vele in South Africa. Construction is expected to be completed in six to nine months and production is expected to reach 1m tonnes a year.Advertising and marketing group Cello dropped after saying it expects profits for the full year to fall slightly short of expectations after losing a retail research contract earlier this month and seeing one of its retail clients entering administration. The company expects to incur a full year exceptional charge of about £500,000. But another marketing-type firm, ILA, which supplies women's personal alarms and promotional products, is having a good day. It expects full-year sales to be higher than previously anticipated after successfully penetrating new markets.
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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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