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WPP Group

WPP Group 25/05/2012

17:03 : WPP Buys For Cancellation 75,000 Shares At 783.5P - LONDON -(Dow Jones)- WPP PLC (WPP.LN) said Friday that it bought for cancellation 75,000 shares at 783.5272 pence per share. -Shares closed Friday at 782 pence valuing the company at GBP9.85 billion. -By Rory Gallivan, Dow Jones Newswires; ...

WPP Group 12/05/2012

21:32 : WPP chair hits back at UK institutional investors over Sir Martin Sorrell's - The man who ruled in favour of Sir Martin Sorrell's near-£13m pay package has hit back at British institutional investors, suggesting that they are operating in a "charged environment" and are too narrowly focused when it comes to compensation.
Source : telegraph-co-uk

WPP Group 11/05/2012

08:19 : Questor share tip: WPP has strength in diversity - Controversy about chief executive Martin Sorrell's pay and a distasteful Olympic advertisement produced by an Argentinian subsidiary in the Falkland Islands, means advertising agency WPP has had negative press recently. But investors ...
Source : telegraph-co-uk

WPP Group 07/05/2012

13:33 : Facebook is a phenomenon, but is it a good investment? - How hard can users be milked for advertising revenues before they decide corporate messages are a turnoff?The biggest question mark over Facebook as an investment – at least at a price valuing the company at $77bn to $96bn – was raised by Sir Martin ...
Source : guardian-co-uk

WPP Group 04/05/2012

18:57 : Sir Martin Sorrell condemns Argentinian Falklands Olympics ad - WPP boss 'appalled' by ad made by one of his agencies, featuring Argentinian training on war memorial in FalklandsSir Martin Sorrell has condemned one of his advertising agencies for creating a TV commercial featuring ...
Source : guardian-co-uk

WPP Group 01/05/2012

17:17 : WPP Buys Back 100,000 Shares At 844.1022P - LONDON -(Dow Jones)- WPP PLC (WPP.LN) said Tuesday that it bought for cancellation 100,000 shares at 844.1022 pence per share. -Shares closed Tuesday at 848 pence valuing the company at GBP10.69 billion. -By Rory Gallivan, Dow Jones ...
06:00 : WPP chief Sir Martin Sorrell handed £13m compensation package - Sir Martin Sorrell, head of the world's biggest advertising group WPP, is risking a shareholder revolt after he received a compensation package worth almost £13m last year.
Source : telegraph-co-uk

WPP Group 27/04/2012

19:22 : David Cameron has no plan to return Britain to growth, claims WPP chief ... - David Cameron has yet to come up with a credible strategy to return Britain to growth, and risks being "blown off course" by news events, Sir Martin Sorrell has claimed.
Source : telegraph-co-uk
08:15 : Sorrell's WPP reports revenues of £2.4bn - Marketing services group raises profit target on back of 4% growthSir Martin Sorrell's WPP, the world's largest marketing services group, has raised its profit target for this year after reporting a better-than-expected 4% growth in underlying ...
Source : guardian-co-uk
08:03 : WPP revenues rise on strong emerging markets - WPP, the world's largest advertising group, reported a 7.6pc rise in first-quarter revenue to £2.39bn boosted by digital demand and strong growth in Asia and Latin America.
Source : telegraph-co-uk

WPP Group 22/04/2012

14:29 : WPP Chief Martin Sorrell Awarded 25% Pay Rise - Report - LONDON -(Dow Jones)- Martin Sorrell, chief executive of advertising company WPP PLC (WPP.LN) is in line for a 25% pay rise, potentially putting him on a collision course with shareholders who have previously raised ...

WPP Group 22/03/2012

00:41 : Budget 2012: the Budget jury - Our Budget Jury, including WPP Group chief executive Sir Martin Sorrell, explain exactly what they make of the Chancellor George Osborne's 2012 Budget.
Source : telegraph-co-uk

WPP Group 12/03/2012

20:10 : Is GSK's Andrew Witty really underpaid? - We're at the point where FTSE 100 bosses can expect to earn about £10m-a-year if all performance targets are achievedAfter Sir Martin Sorrell at WPP, Sir Andrew Witty of GlaxoSmithKline ...
Source : guardian-co-uk

WPP Group 01/03/2012

08:36 : WPP profits rise above £1bn for first time - WPP, the world's biggest advertising group, has reported record full-year profits of £1bn and expects another good year with it benefiting from the UEFA Football Championships, the Summer Olympics and the US Presidential elections .
Source : telegraph-co-uk
07:52 : WPP profit up ahead of 2012 Olympics boost - LONDON (Reuters) - WPP, the world's largest ad group, posted a better-than-expected 19 rise in 2011 profit, and reaffirmed its targets for 2012, when it will benefit from the Olympics, European Soccer Championships and the U.S. presidential ...
Source : reuters-com

WPP Group 08/12/2011

01:11 : David Prosser: Osborne suffers as WPP plays hard to get - Outlook Sir Martin Sorrell made an impact when announcing in 2008 that WPP was relocating to Ireland for tax reasons – and a big splash again in the summer when he said George Osborne's Budget was tempting ...

WPP Group 01/11/2011

23:42 : Aegis defies economic gloom with 11 per cent rise in third-quarter sales - The media group – reinvented by chief executive Jerry Buhlmann as a smaller, more focused operator – outperformed its peers, including Sir Martin Sorrell's WPP, which achieved 4.7 per cent.

WPP Group 30/10/2011

08:50 : WPP sees China as second-largest market in 2-4 years - SHANGHAI (Reuters) - WPP Llc, the world's largest advertising company, sees China overtaking Britain as its second biggest market in two to four years, its chief executive said on Sunday.
Source : reuters-com

WPP Group 28/10/2011

23:37 : WPP cuts forecasts but 2012 prospects 'not dire' - WPP yesterday cut its growth forecasts for the full year as pressure in the US and at its market research business caused revenues to slow in the three months to the end of September.
18:29 : WPP chief Sir Martin Sorrell cuts growth forecasts amid gloomy economy - Sir Martin Sorrell's advertising group, WPP, has cut its sales growth forecasts from 6pc to 5pc amid fears that 'the continuous harping on' about the prospects of a double-dip recession will inevitably take its toll on ...
Source : telegraph-co-uk
17:41 : £4m advertising boss Sir Martin Sorrell defends rising executive pay - Our pay must compete internationally, says WPP boss as rival companies outstrip advertising firm's growth rateA report showing a near 50% rise in the pay for directors at Britain's biggest companies prompted a furious reaction from unions ...
Source : guardian-co-uk
16:25 : BBC hack gets a bashing from WPP bigwig | Media Monkey - Sir Martin Sorrell has never been one to mince his words. The head of WPP is known for his unique style of hijacking interviews by duffing up hacks who may or may not have a valid question. It all depends on if he ...
Source : guardian-co-uk
12:41 : Why FTSE bosses struggle to justify to their pay deals - According to IDS the average pay deal for a boardroom boss was £2.7mAdvertising boss Sir Martin Sorrell was handed £50m worth of shares in WPP in 2005 when a series of long-term incentive plans - dating as far back ...
Source : guardian-co-uk
11:45 : WPP warns of reduced sales growth but shares gain after profit margins ... - Advertising giant WPP has warned revenues will be lower than previously forecast as economic 'headwinds' push ad budgets lower. But the impact of the harsher climate will be offset by higher profit margins, WPP said
10:25 : Banks lead modest gains but WPP predicts tough times in 2013 - Banks led the FTSE 100, up a modest 0.48% in early morning trading, consolidating the leap yesterday to near three month highs which greeted news that UK banks are not headed for an immediate re-capitalisation.HSBC was up 3.53% to 574p in ...
Source : guardian-co-uk
07:59 : WPP downgrades growth forecast - Sir Martin Sorrell's marketing services group reports organic revenue growth of 4.7% for the third quarter, lower than rivalsSir Martin Sorrell's WPP has slashed its full-year growth forecast to 5%, after reporting organic revenue growth ...
Source : guardian-co-uk
07:53 : Better margins at WPP to offset lower top-line growth - LONDON (Reuters) - WPP , the world's largest advertising company, cut its outlook for the full year on Friday due to slowing growth in the U.S. and concerns in the Eurozone, but reassured the market with signs of improving ...
Source : reuters-com

WPP Group 24/09/2011

09:26 : Sir Martin Sorrell in line for 50% rise from WPP - Sir Martin Sorrell is in line for a whopping 50 per cent pay rise after WPP's board decided his salary and bonuses needed to be aligned with his peers.

WPP Group 22/09/2011

20:29 : Martin Sorrell's incentive - Does the chief executive of WPP really need a 50% pay rise to stay on at the company he founded?If shareholders wanted to motivate Sir Martin Sorrell, their chief executive, to work harder they could threaten to replace ...
Source : guardian-co-uk

WPP Group 16/09/2011

18:49 : WPP chief Sir Martin Sorrell has 'fundamental' doubts over whether Facebook - Sir Martin Sorrell, chief executive of the world's biggest advertising group, WPP, has cast 'fundamental' doubts on whether adverts will ever work on Facebook.
Source : telegraph-co-uk
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