|Bid||1,140.00 x 593300|
|Ask||1,205.00 x 208500|
|Day's Range||1,143.50 - 1,170.00|
|52 Week Range||1,074.00 - 1,762.00|
|PE Ratio (TTM)||8.05|
|Earnings Date||Mar 1, 2018 - Mar 5, 2018|
|Forward Dividend & Yield||0.60 (5.40%)|
|1y Target Est||1,450.73|
It concerned events back in 1998, when Barclays posted large losses on Russian debt during the country’s rouble crisis. Martin Taylor, chief executive of Barclays at the time, found that BarCap’s traders had deliberately evaded the strict position limits established by the group, falsely marking Russian debts as Swiss or American. “I concluded that the embryonic business that BarCap then was would fall apart without him and he should stay,” Mr Taylor wrote.
Ford Motor Company said on Saturday it will take bids on some of its advertising managed by WPP, adding to uncertainty around the British ad giant after last week's exit of founder Martin Sorrell. While Ford's decision does not affect all of its accounts with WPP - and the agency will be able to bid for the rest of the business along with everyone else - it comes at a difficult juncture for the world's biggest advertising firm. Sorrell, who over 33 years built the firm into one of Britain's biggest companies, quit last week as chief executive officer after an allegation of personal misconduct that he denies.
This article is from today’s FT Opinion email. Sign up to receive a daily digest of the big issues straight to your inbox. The fiasco in Britain this week over the legal status of the “Windrush generation” ...
Ford Motor has decided to open portions of its advertising business to bids, dealing a blow to its incumbent agency, WPP.
“If you eat caviar every day,” said Arsène Wenger , “it is difficult to return to sausages.” The Alsatian’s knack for aphorisms in his third language disarmed critics of his once-formidable work as Arsenal ...
WPP (WPP.L) has had no further requests for information from Britain's financial watchdog after answering initial questions about the firm's investigation into Martin Sorrell, its recently departed chief executive, a company spokesman said. WPP, the world's biggest advertising group, released a statement on April 3 to confirm a report in the Wall Street Journal that it was investigating an allegation of personal misconduct against Sorrell, its founder and CEO for 32 years. The Financial Conduct Authority (FCA) then wrote to WPP to ask if there was any more information it could share at that time.
Martin Sorrell's departure from the world's biggest advertising company heralds change for his sprawling WPP (WPP.L) empire and may accelerate a shake up of the big ad groups that followed his lead. WPP and its major rivals Omnicom (OMC.N), Publicis (PUBP.PA) and IPG (IPG.N) face challenges on every front, from the might of Google and Facebook - whom Sorrell famously dubbed "frenemies" - to the rapidly encroaching consultants Accenture and Deloitte. "I don't think this is the event that brings down the holding companies," industry adviser and MediaLink Chief Executive Michael Kassan told Reuters.
WPP PLC’s interim management is criticizing analyst demands for a breakup of the world’s largest advertising group following founder Martin Sorrell’s departure. The 73-year-old’s exit as WPP chief executive last weekend, after an investigation into an allegation of personal misconduct, has financial analysts performing sum-of-parts valuations for WPP’s sprawling ad empire. “We don’t believe this makes sense,” Mark Read, WPP’s freshly appointed co-chief operating officer, wrote in a memo to staff on Thursday.
Sky (SKYB.L) Chief Executive Jeremy Darroch said he had no interest in running WPP (WPP.L), the world's biggest ad group which is searching for a new chief executive after the abrupt departure of Martin Sorrell on Saturday. Whoever is named as Sorrell's successor will inherit a difficult task, with WPP publishing its weakest results since the financial crisis in March and analysts speculating that the group could be broken up without Sorrell at its helm. A WPP insider suggested that Sorrell's departure could represent a new beginning for the company, saying he was sad that Sorrell was leaving but there was "a mood of change".
Today we are publishing a new guide to make it easier for people to submit opinion pieces to us for possible publication. Anjana Ahuja explains that the precision-tooling of molecules at this scale bodes well for the development of super-fast quantum computers, which rely on “qubits”, the quantum equivalent of classical bits.
PARIS (Reuters) - The head of French advertising group Publicis (PUBP.PA) refused on Thursday to get drawn into commenting on rival WPP (WPP.L), following the shock departure of WPP's boss Martin Sorrell. ...
Sky Chief Executive Jeremy Darroch said he had no interest in running WPP, the world's biggest ad group which is searching for a new chief executive after the abrupt departure of Martin Sorrell on Saturday. Whoever is named as Sorrell's successor will inherit a difficult task, with WPP publishing its weakest results since the financial crisis in March and analysts speculating that the group could be broken up without Sorrell at its helm. A WPP insider suggested that Sorrell's departure could represent a new beginning for the company, saying he was sad that Sorrell was leaving but there was "a mood of change".
The British shareholder meeting season kicks off properly next week, with companies from Hammerson, the UK’s largest shopping centre landlord, to London Stock Exchange Group. Executive pay will be one ...
Dear readers, Lex attended a swanky reception at London’s National Portrait Gallery a few years ago. Martin Sorrell, who has resigned as chief executive of WPP, was standing just outside the entrance, ...
Martin Sorrell’s departure as chief executive officer of WPP Plc comes at a sensitive time for the world’s largest advertising company as it faces an intense period of fighting to keep major clients.
This article is from today’s FT Opinion email. Sign up to receive a daily digest of the big issues straight to your inbox. Donald Trump, with his characteristic flair for original phrasing, declared “mission ...
The exit of Martin Sorrell as CEO of WPP has the advertising sector reeling, as questions loom about the future strategy of the world’s largest advertising company without the man who shaped the course ...
A little known private-equity executive will steer WPP PLC through one of its stormiest periods following the resignation last weekend of Martin Sorrell.
Moody's Investors Service, ("Moody's") has today changed the outlook on WPP Plc's subsidiaries ratings to negative from stable. The rating action follows the company's announcement that Sir Martin ...
Stocks that moved substantially or traded heavily Monday: Eldorado Resorts Inc., up $5.80 to $41.50 The casino and hotel company agreed to buy seven properties from Tropicana Entertainment for $1.85 billion. ...
Stocks rise Monday as concerns over prolonged military action in Syria fade and the focus for investors shifts to a heavy upcoming slate of U.S. corporate earnings.
The exit of Martin Sorrell as chief executive of WPP PLC has the advertising sector reeling, as questions loom about the future strategy of the world’s largest advertising company without the man who shaped the course of the industry over the past 33 years. The absence of Mr. Sorrell presents the board and his eventual successor with a rare opportunity to set a new course for WPP as the company contends with a rapidly changing digital advertising landscape and pressure from clients that are slashing their marketing expenditures. Mr. Sorrell was known for his meticulous micromanagement of everything from client relationships to identifying deal targets.
Martin Sorrell spent three decades building WPP Plc, the world’s largest advertising empire. His resignation is seen as potentially spurring a breakup.