LONDON (Alliance News) - Media buying giant WPP PLC Wednesday said its marketing communications network Ogilvy & Mather has agreed to buy a majority stake in marketing services company Memac Ogilvy. It didn't provide any financial details. Memac Ogilvy, founded in Bahrain in 1984, ope Read More
LONDON (Alliance News) - WPP PLC Tuesday said Chief Executive Officer Martin Sorrell exercised options over 817,500 shares under the company share plan Friday and sold 421,585 of these shares to discharge the consequential US tax liabilities. Following this transaction, Sorrell is intereste Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS PEARSON PRICE TARGET TO 1,200 (1,400) PENCE - 'BUY' <br />----------<br />SOCGEN CUTS PEARSON PRICE TARGET TO 1030 (12 Read More
LONDON (Alliance News) - WPP PLC Friday said Non-Executive Director Jacques Aigrain bought 4,000 shares at a price of GBP12.79 each, representing his only holding in the company. The advertising and media buying company Thursday reported a near 20% rise in pretax profit to GBP1.3 billion in Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES RAISES MAN GROUP TO 'HOLD' ('UNDERPERFORM') <br />----------<br />BARCLAYS RAISES MAN GROUP PRICE TARGET TO 108 (94) P Read More
LONDON (Alliance News) - The FTSE 100 closed higher Thursday on the busiest day of the earnings season so far, after Federal Reserve Chair Janet Yellen's latest comments pushed up stocks on Wall Street, dragging Europe with it.<br /><br />London's blue-chip index has spent most of the day in t Read More
LONDON (Alliance News) - A large number of companies resumed or hiked shareholder payouts on the biggest day of the UK earnings season Thursday, as earnings generally headed higher thanks to the gradual economic recovery in 2013.<br /><br />Housebuilders Barratt Developments and Redrow both re Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Capita</strong>, up 5%. The British outsourcing company said its 2013 pretax pro Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Royal Bank of Scotland</strong> Group PLC reported its sixth consecutive annual pretax loss, and its biggest since 2008, while unveilin Read More
LONDON (Alliance News) - Stocks are lower across Europe Thursday, while the dollar is stronger, as investors grow increasingly concerned about the escalating situation in the Ukraine, as armed men seize government and parliament buildings in the Crimea region, raising the Russian flag. "US Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY RAISES WEIR PRICE TARGET TO 2250 (2040) PENCE - 'EQUAL-WEIGHT' <br />----------<br />UBS RAISES WEIR GROUP PRIC Read More
LONDON (Alliance News) - Shares have opened slightly lower Thursday amid a flurry of corporate results. <br /><br /><strong>RBS</strong>, <strong>RSA Insurance</strong> and <strong>WPP</strong> are competing to be the biggest FTSE 100 losers following earnings announcements and, in the case of Read More
LONDON (Alliance News) - WPP PLC Thursday reported a near 20% rise in pretax profit to GBP1.3 billion and a 6% boost in revenue after making good progress despite currency headwinds and tough market conditions Revenue for the full-year rose 6.2% to over GBP11.01 billion, supported by like-f Read More
LONDON (Alliance News) - Advertising and PR giant WPP PLC Wednesday said its digital investment arm has bought up a minority stake in US content marketing software company, Percolate Industries Inc. Ahead of its full-year results Thursday, WPP said the new stake in Percolate will enable mul Read More
LONDON (Alliance News) - The FTSE 100 is Tuesday threatening to snap the seven-day winning streak that took it to its highest close since 1999 Monday, hit by renewed concerns over growth in China.<br /><br />The index, like European peers, is down as investors take profits out of the recent ra Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Irish building-materials group<strong> CRH</strong> PLC said it swung to a loss in 2013, as bad weather hurt trading and it progressed with a re Read More
LONDON (Alliance News) - Advertising and PR giant WPP PLC said Tuesday, ahead of its full-year results on Thursday, that its wholly owned operating company JWT is acquiring creative digital marketing company Lemon Sky in Poland. WPP did not disclose any financial details about the acquisiti Read More