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Ad group WPP returns to growth in third quarter, boosting shares

UPDATE 2-Ad group WPP returns to growth in third quarter, boosting shares Reports Q3 organic revenue growth of 0.5% versus -0.2% expected New business wins buoy group after loss of Pfizer last year Shares rise 5% Adds additional CEO quotes from analyst call in paragraph 5 By Paul Sandle LONDON, Oct 23 (Reuters) - British ad group WPP WPP.L returned to growth with a better-than-expected 0.5% rise in organic revenue in the third quarter, during which it won business from Amazon, Unilever and Henke
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UK's WPP tops FTSE 100 on better-than-expected Q3 organic revenue

BUZZ-UK's WPP tops FTSE 100 on better-than-expected Q3 organic revenue ** Shares of British ad group WPP WPP.L rise 2.7% at 794.6 pence, its highest level since June 5 ** Stock top gainer on the FTSE 100 index .FTSE which is up 0.1% ** Co posts a better-than-expected 0.5% rise in like-for-like organic revenue in Q3 ** Maintains FY organic revenue outlook between -1% and 0% ** Says adj net debt at Sept.
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UK Stocks-Factors to watch on Oct 23

UPDATE 1-UK Stocks-Factors to watch on Oct 23 Adds new items, updates futures Oct 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0 .1%. * LLOYDS: Lloyds Banking Group LLOY.L reported third-quarter profits that exceeded expectations, and reaffirmed its performance guidance for 2024, citing increasing financial confidence among its customers.
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UK Stocks-Factors to watch on Oct 10

UPDATE 1-UK Stocks-Factors to watch on Oct 10 Adds new items, updates futures Oct 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%. * TRITAX EUROBOX: Brookfield Asset Management BAM.TO has agreed to buy Tritax EuroBox EBOX.L for 1.1 billion pounds ($1.44 billion), including debt, kicking off a possible takeover battle for the European logistics real estate firm.
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UK Stocks-Factors to watch on Oct 10

UK Stocks-Factors to watch on Oct 10 Oct 10 - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.29%. * GSK: GSK GSK.L has agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer, the company announced on Wednesday. * METALS: Copper prices rose in London on Thursday, rebounding from a two-week low hit in the previous session, as traders and investors awaited a China b
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Roblox & WPP Partners To Unlock Potential Of Immersive Media & Gaming For Global Brands

BRIEF-Roblox & WPP Partners To Unlock Potential Of Immersive Media & Gaming For Global Brands Oct 8 (Reuters) - Roblox Corp RBLX.N : ROBLOX CORP: WPP & CO PARTNER TO UNLOCK THE POTENTIAL OF IMMERSIVE MEDIA AND GAMING FOR GLOBAL BRANDS
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Ad group WPP gains on retaining, expanding Unilever media contract

BUZZ-Ad group WPP gains on retaining, expanding Unilever media contract Updates ** Shares of WPP WPP.L up 4 .4%, top of London's bluechip index .FTSE ** Shares hit highest since June 5 at 796.8p ** The advertisement firm retains and expands Unilever ULVR.L media mandate in multiple regions including North America, UK and South Asia, ULVR says ** "Headwind from account losses should moderate," Citi analysts say on mandate retention ** The win acts as "validation of the group's structural position
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Ad group WPP gains; analysts say Unilever contract win validates group's position

BUZZ-Ad group WPP gains; analysts say Unilever contract win validates group's position ** Shares of WPP WPP.L up 4.3%, top of London's bluechip index .FTSE ** Shares hit highest since June 5 at 796.2p ** The advertisement firm retains and expands Unilever ULVR.L media mandate, according to analysts ** "Headwind from account losses should moderate," Citi analysts say on mandate retention ** The win acts as "validation of the group's structural position, in particular in the US where a string of r
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WPP Acquires New Commercial Arts

BRIEF-WPP Acquires New Commercial Arts Sept 10 (Reuters) - WPP PLC WPP.L : WPP PLC - ACQUISITION WPP PLC - ACQUIRES NEW COMMERCIAL ARTS Source text for Eikon: ID:nRSJ6002Da Further company coverage: WPP.L
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Equity index futures ease after US holiday weekend

LIVE MARKETS-Equity index futures ease after US holiday weekend S&P 500 e-minis down 0.6%, Nasdaq e-minis down 0.8% STOXX 600 down 0.5% Dollar, bitcoin edge up; gold down; oil falls US 10-yr Treasury yield dips to 3.87% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EQUITY INDEX FUTURES EASE AFTER US HOLIDAY WEEKEND S&P 500 e-minis EScv1 were lower early on Tuesday as US investo
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Weak dollar could pressure Europe's media companies

LIVE MARKETS-Weak dollar could pressure Europe's media companies STOXX 600 down 0.4% Miners, energy lag Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WEAK DOLLAR COULD PRESSURE EUROPE'S MEDIA COMPANIES Europe's media companies .SXMP could be particularly sensitive to foreign exchange rates, analysis from Citi found, especially large-cap companies, give
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Disney, Reliance overcome cricket concerns to win approval for $8.5 bln India merger

UPDATE 4-Disney, Reliance overcome cricket concerns to win approval for $8.5 bln India merger Reliance-Disney aim to create India's biggest entertainment company Companies clear antitrust hurdle after cricket rights scrutiny Both offered concessions to win approval, source says Adds analyst comment, context of deal in paragraphs 12, 14 By Aditya Kalra and Nandan Mandayam BENGALURU, Aug 28 (Reuters) - Walt Disney Co DIS.N and Reliance Industries RELI.NS won approval on Wednesday for an $8.5 billi
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To seal India merger, Disney-Reliance may need to dilute cricket dominance

ANALYSIS-To seal India merger, Disney-Reliance may need to dilute cricket dominance Disney-Reliance face antitrust challenge on India media merger An investigation could delay the merger timeline Firms may need to offer selling cricket broadcast rights-lawyers By Arpan Chaturvedi, Aditi Shah and Aditya Kalra NEW DELHI, Aug 22 (Reuters) - The Indian antitrust body's opposition to a proposed $8.5 billion merger of the Indian media assets of Walt Disney DIS.N and Reliance RELI.NS may force the comp
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India flags cricket rights concerns with Disney-Reliance $8.5 bln merger

RPT-EXCLUSIVE-India flags cricket rights concerns with Disney-Reliance $8.5 bln merger Repeats late Tuesday item with no change to text Watchdog concerned about combined cricket broadcast rights Companies can still win approval with more concessions -sources Disney, Reliance aim to create India's No. 1 entertainment giant By Aditya Kalra NEW DELHI, Aug 20 (Reuters) - India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media asse
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India flags cricket rights concerns with Disney-Reliance $8.5 bln merger

RPT-EXCLUSIVE-India flags cricket rights concerns with Disney-Reliance $8.5 bln merger Repeats late Tuesday item with no change to text Watchdog concerned about combined cricket broadcast rights Companies can still win approval with more concessions -sources Disney, Reliance aim to create India's No. 1 entertainment giant By Aditya Kalra NEW DELHI, Aug 20 (Reuters) - India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media asse
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India flags cricket rights concerns with Disney-Reliance $8.5 bln merger

EXCLUSIVE-India flags cricket rights concerns with Disney-Reliance $8.5 bln merger Watchdog concerned about combined cricket broadcast rights Companies can still win approval with more concessions -sources Disney, Reliance aim to create India's No. 1 entertainment giant Adds context on cricket spends, details in paragraph 10, 18-21 By Aditya Kalra NEW DELHI, Aug 20 (Reuters) - India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney
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KKR is in talks for $500 million private debt to fund FGS deal - Bloomberg News

MEDIA-KKR is in talks for $500 million private debt to fund FGS deal - Bloomberg News -- Source link: https://tinyurl.com/2bam5fx5 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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AstraZeneca, Beazley, Puma

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP
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London's FTSE 100 extends recovery to second day on financials, corporate earnings boost

UPDATE 1-London's FTSE 100 extends recovery to second day on financials, corporate earnings boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 1.8%, FTSE 250 adds 1% Banks and financial services stocks lead broad gains TP ICAP surges after a rise in half-year pre-tax profit Updated at 1600 GMT By Pranav Kashyap and Medha Singh Aug 7 (Reuters) - London stocks broadly rose for a second straight session on Wednesday, with gai
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KKR’s corporate PR deal hangs on more bad news

BREAKINGVIEWS-KKR’s corporate PR deal hangs on more bad news The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Karen Kwok LONDON, Aug 7 (Reuters Breakingviews) - In the midst of every crisis, lies great opportunity. KKR’s KKR.N latest deal seems inspired by Albert Einstein’s famous quote.
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