Last checked at 31 Jan 2024 09:21
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:
816.40
Bid:
816.20
Ask:
816.60
Change:
12.20 (1.52%)
Spread:
0.40 (0.049%)
Open:
804.20
High:
821.60
Low:
804.20
Prev. Close:
804.20
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Don't have an account? Click here to register.Monday newspaper round-up: BP, AstraZeneca, Sainsbury's...
Mon, 29th Apr 2013 06:48
The Telegraph writes that BP's giant underwater oil project offshore Angola has come in four billion dollars over budget after delays set it back a year.According to The Independent, unions are meeting with AstraZeneca in an attempt to convince the pharmaceuticals group to reverse plans to shut down its R&D site in Cheshire and move 2,000 jobs to Cambridge by 2016.Justin King, the Chief Executive Officer (CEO) of supermarket group Sainsbury's has dampened speculation that he is to quit and has also quashed rumours that he could replace Bernie Ecclestone as Formula One's CEO, writes The Independent."Australia's huge coal industry is a speculative bubble ripe for financial implosion if the world's governments fulfil their agreement to act on climate change, according to a new report," The Guardian reports. The paper says that much of the country's coal reserves will become worthless as the world reaches carbon emission limits.Financial Times says that Intermediate Capital Group and Lloyds are discussions about Europe's largest collateralised loan obligation since the financial crisis. The talks increase "hopes that a once important source of funding for business in the region is making a comeback", the paper writes.Up to 200,000 jobs in manufacturing could come home to the UK over the next 10 years, according to The Telegraph, as outsourcing becomes increasingly unattractive. The paper cited new research that said the move would cut the trade deficit by a third.WPP's CEO Sir Martin Sorrell has agreed to take a pay cut of £100,000 in an effort to appease angry shareholders, The Times writes.Bank lending to UK companies is set to increase for the first time in four years as lenders' appetite for corporate risk returns, The Scotsman says, citing research from Ernst &Young. Lending to businesses is expected to rise by 3.0% this year.BC
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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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