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  2. Share Prices
  3. WPP Share Price
  4. WPP Share News
  5. London pre-open: Spain downgrade to dent investor sentiment

Pin to quick picksWPP Share News (WPP)

WPP Information

Share Price Information for WPP (WPP)

London Stock Exchange
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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
WPP Live PriceLast checked at -

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London pre-open: Spain downgrade to dent investor sentiment

Fri, 27th Apr 2012 07:34

City sources predict the FTSE 100 will open down 26 points from yesterday's close of 5,749 following Standard and Poor's downgrade of Spain, the Eurozone's fourth largest economy, to BBB-plus from A with a negative outlook. S&P said it predicts the Spanish economy will shrink and believes the government must provide further financial support to the country's banking sector. Highly acquisitive media giant WPP has had a strong start to 2012 with like-for-like revenue growth coming in ahead of expectations in the first quarter. The group, led by frontman Sir Martin Sorrell, said revenue in the three months to March 31st totalled £2,392m, up 7.6% on last year's £2,223m. Publishing giant Pearson continues to expect growth in sales and operating profits this year, having traded in line with expectations in the first quarter. The Financial Times and Penguin books publisher said sales increased by 11% at constant exchange rates to £1.16bn in the first three months of the year. The underlying sales increase was 3% while what Pearson calls the headline increase was 12%.Salamander Energy, the independent upstream oil and gas exploration and production business focused on South-East Asia, is asking its shareholders to put their hands in their pockets to accelerate its drilling programme. The company is looking to raise around $201m (net) through an underwritten rights issue of 100.7m shares, which shareholders can buy at 130p each on the basis of 13 new shares for every 20 shares held.
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22 Mar 2023 11:56

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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

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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

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LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh

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23 Feb 2023 11:35

U.S. housing market flashes red recession signals

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