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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:
812.60
Bid:
814.00
Ask:
814.40
Change:
0.00 (0.00%)
Spread:
0.40 (0.049%)
Open:
0.00
High:
0.00
Low:
0.00
Prev. Close:
812.60
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Don't have an account? Click here to register.London pre-open: FTSE expected to open lower on profit taking
Fri, 26th Apr 2013 07:30
City sources predict the FTSE 100 will open down 23 points from yesterday's close of 6,443 on the expectation of some end of the week profit taking. In the US last night stocks started the day strongly on the back of better-than-expected jobless claims and corporate earnings but gains were trimmed by the close due to concerns over European stimulus. Comments from Jens Weidmann, the head of Germany's Bundesbank, in a report dated in December but published Thursday by Handelsblatt, weighed on sentiment in afternoon trade after he raised issues with the European Central Bank's Outright Monetary Transactions programme. Economic announcements due out today include US GDP, US personal consumption expenditures, US personal income, and EU M3 money supply, while closer to home things are looking a little quieter. In UK company news ,building materials group CRH has reached an agreement to acquire Lafarge-owned Mykolaiv Cement for an upfront cash consideration of 96m euro, including assumed debt. The purchase makes CRH the market leader in Ukraine, and the group said it is now able to further leverage the benefits of the new Podilsky factory there. Advertising and media group WPP reiterated its long-term targets on Friday after saying that trading patterns in the first three months of the year were similar to the final quarter of 2012. Revenues grew by 5.9% in the quarter ended March 31st, up just 2.1% on a like-for-like basis as growth from acquisitions was partly offset by a weaker sterling.Actuator manufacturer and flow control company Rotork has reported record order intake in the first quarter of £150m, 14.3% (7.8% OCC) ahead of the prior year. However, it also said revenue growth of 5.0% in the first quarter has been negatively affected by the weighting of orders scheduled for delivery in the second quarter. "Our expectations for the half year remain unchanged," it said.
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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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