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…