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The Latest Breaking News from WPP

Staff more likely to get a pay rise and be promoted if they don't work from home, WPP CEO says

WPP has officially opened its landmark office in Manchester city centre

Birmingham Post

Advertising giant WPP opens landmark office on former Granada Studios site

The office had originally been expected to open in early 2022

Birmingham Post

1 Advertising Stock to Buy Today, 2 to Sell

The advertising industry is evolving thanks to technological advancements and the rise of digital and smart advertising solutions. Therefore, investors could look to buy fundamentally strong advertisement stock WPP plc (WPP). On the other hand, Magnite (MGNI) and Troika Media Group (TRKA) could be best avoided, given their weak fundamentals.…

StockNews.com

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read the most diverse news in one place.

China, India have fewer people than the UN thinks

In April, the United Nations estimated that India had overtaken China as the world's most populous country. While the announcement received a great deal of media attention, India's 2024 census will likely reveal that the UN's projections have been vastly overestimated.

Bangkok Post

Generative AI comes for advertising

The world's largest advertising companies are helping to usher in these changes quickly by introducing new creative solutions for advertisers now.

Axios

Vice Media files for Chapter 11 bankruptcy

It marks a significant fall from grace from what was one of the most highly-valued media startups.

Axios

WPP warns of ad spend cutbacks by US tech giants

UK revenue grew by 7.4%, thanks to consumer goods firms spending more

Evening Standard

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Sir Martin Sorrell reveals cancer treatment

S4 Capital boss says it’s almost ‘business as usual’ after keyhole surgery to remove tumour

The Guardian - UK

KKR in talks to buy stake in public relations company FGS Global

US firm reportedly seeks to buy more than 30% of FGS in deal that would give it enterprise value of about $1.4bn

The Guardian - UK

3 Ad Worthy Stocks Investors Are Reviewing

The advertising industry is expected to grow significantly in the foreseeable years, driven by the growing adoption of digital advertising with increased digital media consumption worldwide. Given the industry’s tailwinds, it could be wise to consider adding fundamentally sound advertising stocks Publicis Groupe (PUBGY), WPP plc (WPP), and AdTheorent Holding…

StockNews.com

WPP buys influencer agency whose co-founder criticised its digital strategy

“The size of WPP, there might be 30-40% of their business that is literally not fit for purpose in the next three or four years,” Arron Shepherd said a year ago

Evening Standard

UK marketing content firm Tag strikes £533m deal with Japan’s Dentsu

Exclusive: One of UK’s biggest ad deals for 15 years is expected to be signed this week but may yet fall through

The Guardian - UK

‘It’s fundamental’: WPP chief on how AI has revolutionised advertising

Mark Read says artificial intelligence is helping firm win clients keen to tap into technology’s potential

The Guardian - UK

WPP profits top £1bn as ad giant’s boss embraces “scary” AI revolution

WPP offered hope today that the economy could be in for a “soft landing” as clients resumed spending and profits zipped past £1 billion.

Evening Standard

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Bangkok Post

Low birthrates hurt China, women to pay the price

China's population decline, which the Chinese government officially confirmed in January, has led many observers to wonder if the country's current demographic trends threaten its stability.

Evening Standard

Economic strife to last until 2024 warns Sage of Soho Martin Sorrell

ADVERTISING guru Sir Martin Sorrell today likened the energy crisis to the financial crash of 2008 and warned there may be no signs of economic recovery until 2024.

The Guardian - UK

Global ad market faces ‘car crash’ next year amid cost of living crisis

Industry bullish in build-up to football World Cup but marketing spend an ‘easy cost to cut’ as demand slows

Evening Standard

WPP posts positive results but not ‘naïve’ on impending recession

Revenues at the advertising network that houses Ogilvy and Grey jumped 10.2% to £6.75 billion in first half of year

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news in one place.

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The Guardian - UK

S4 Capital’s share slump means Sir Martin Sorrell has a crisis on his hands

The advertising firm was already low on credit with investors and the latest numbers call its strategy into question

Benzinga

Tesla, Ra Medical Systems And 51 Stocks Moving In Tuesday's Mid-Day Session

Gainers Ra Medical Systems, Inc. (NASDAQ: RMED) shares jumped 69.6% to $0.5240 after the company announced it has received FDA 510(k) clearance for its DABRA 2.0 catheter.

StockNews.com

Is WPP a Good Stock to Add to Your Dividend Portfolio?

Despite WPP plc’s (WPP) significant efforts to boost its operational performance, its shares are down 35.1% year-to-date. So, let’s evaluate if it is worth adding the stock to your dividend portfolio. Read on to learn more.

Birmingham Post

New Enterprise City building on old Granada TV Studios site completes

Occupiers will include WPP, Code, Cheetham Bell, Kinetic, Mediacom and Wavemaker

The Guardian - UK

‘Unacceptable and embarrassing’: Sorrell criticises S4 Capital results delay

Founder vows to make changes to structure after almost $1bn wiped off advertising group’s share price

Evening Standard

Russia exit will cost London Stock Exchange £60 million

Turning its back on Russia will cost the London Stock Exchange Group an estimated £60 million this year, the company admitted today.

Evening Standard

City comment: WPP imitation shows THG deserves some credit for its Ingenuity

THG has been given a right old kicking over the last year - but perhaps it’s due some credit.

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