Browsing Tag

WPP

WPP Shares Tumble On Weak Q3 Earnings

WPP shares tumbled Thursday 16% in mid-morning trading on the London Stock Exchange after the firm released a weak third-quarter earnings report that revealed an organic net sales decline of 1.5% for the period, well below market…

WPP Buys Indian Mobile Agency Madhouse

WPP has bought Indian mobile marketing agency Madhouse, upping its investment from 50% as the holding group eyes further opportunity in India. According to WPP, the decision has come as a result of opportunity in both India generally and…

WPP Faces Protest Over Sorrell Pay-Off

WPP investors are set to lodge a significant protest over Sir Martin Sorrell's pay-off but executive chairman Roberto Quarta is expected to survive. City sources said a majority of shareholders are set to back Quarta at WPP's annual…

Sorrell Plans To Start All Over

Former WPP CEO Martin Sorrell said on Tuesday that the end of his tenure running the world’s largest marketing services holding company won’t be the end of his career. Speaking at the Techonomy NYC 18 conference in New York City, Sorrell…