|Bid||958.40 x 0|
|Ask||958.20 x 0|
|Day's Range||949.60 - 964.20|
|52 Week Range||791.00 - 1,323.50|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||17.24|
|Earnings Date||Sep 2, 2019 - Sep 6, 2019|
|Forward Dividend & Yield||0.60 (6.27%)|
|1y Target Est||1,078.52|
European shares slid on Friday with Italian stocks 2.5% lower on political uncertainty, while comments by U.S. President Donald Trump that he was not going to make a trade deal with China also weighed on sentiment. Italy's main index touched a two month low with its bank index tumbling 4.5% after the leader of the ruling League party, Matteo Salvini, pulled his support for the country's governing coalition on Thursday and called for fresh elections.
Business from new clients including Instagram, L’Oréal and eBay helped ease a sales decline at WPP and provide evidence that the restructuring of one of the world’s largest advertising groups is paying off. WPP, which includes agencies such as GroupM and Ogilvy, revealed that like-for-like net sales fell 1.4 per cent in the second quarter of this year, better than the 3 per cent decline forecast by analysts. Mark Read, chief executive, said the results were “slightly ahead of our internal expectations” and reiterated guidance that net sales would fall between 1.5 and 2 per cent over the full year.
Advertising giant WPP has agreed to sell a 60% stake in data analytics arm Kantar to private equity firm Bain Capital, in a deal that values Kantar at about $4 billion and gives WPP funds for its turnaround plan. WPP, the owner of advertising agencies including Ogilvy and Wunderman Thompson, is in the midst of an overhaul following several profit warnings and the abrupt departure of founder Martin Sorrell over a complaint of misconduct, which he denies. WPP said proceeds from the deal, after tax and continuing investment in Kantar, were expected to be about $3.1 billion.
While not a mind-blowing move, it is good to see that the WPP plc (LON:WPP) share price has gained 16% in the last...
The following are the top stories on the business pages of British newspapers. Jaguar Land Rover is expected to reveal this week that it will build an all-electric version of its XJ luxury saloon at its Castle Bromwich factory in Birmingham. Advertising giant WPP Plc is selling its stake in the sports marketing agency Chime to help cut its hefty debt pile.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]