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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)
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Share Price:
812.60
Bid:
814.00
Ask:
814.40
Change:
8.40 (1.04%)
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.Wednesday newspaper round-up: ENRC, Apple, Chinese manufacturing...
Wed, 01st May 2013 06:20
According to the Financial Times, the UK Listings Authority has launched an investigation into ENRC possible breaches of its takeover rues that could result in a fine or public censure. "The irony of the move is that the UK Listings Authority has been criticised for permitting ENRC to list in the UK in the first place," the paper says.US tech giant Apple launched the biggest corporate bond offering ever last night, raising $17bn to help fund its proposed $100bn giveaway to shareholders by 2015, reports The Times. Wall Street sources says that the company could have raised as much as $50bn due to a flood of demand.Chinese manufacturing growth slowed down this month, according to an official purchasing managers' index (PMI), "providing further evidence of weakness in the world's second-largest economy", writes the Financial Times. The paper reports that the manufacturing PMI fell from 50.9 to 50.6 in April."Vince Cable has put pressure on Scottish prosecutors to speed up action that could see Fred Goodwin and other former Royal Bank of Scotland directors disqualified for their roles in the bank's collapse," writes The Telegraph.Chancellor George Osborne has told Bank of England governor Sir Mervyn King that the Bank risks derailing the UK economy if it uses tough financial watchdog powers to "clamp down too hard on the City", The Guardian says.The Guardian says that the Office of Fair Trading has referred Cineworld's takeover of cinema chain Picturehouse to the Competition Commission on concerns that it could be bad for film-goers.Sir Martin Sorrell, the head of adverting and media group WPP, is to have his basic salary and potential reduced this year after the news that his package packed rose by nearly half to £17.6m in 2012, The Independent says.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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