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Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:20 EDTWPPGYWPP says economic concerns appear to be easing, Reuters reports
As major ad agency WPP (WPPGY) reported a stronger-than-expected rebound in revenue growth at the end of 2012 and increased its forecast for 2013, it noted signs of improving business confidence. The firm, a barometer of business sentiment whose clients include Microsoft (MSFT), Procter & Gamble (PG) and Shell (RDS.A), said today that many of the economic concerns raised by companies last year, including a debt crisis in the euro zone and a potential sharp slowdown in growth in China, appeared to be easing. Reference Link
News For WPPGY From The Last 14 Days
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March 23, 2015
09:01 EDTWPPGYOgilvy & Mather and Hogarth Worldwide announce global production agreement
Ogilvy & Mather announced that it has come together with Hogarth Worldwide, a sister WPP company, to launch H&O - a new company that aims to bring the resources and technology together.
March 17, 2015
11:38 EDTWPPGYWPP CEO confirms interest in Tesco Dunnhumby unit, City A.M. says
WPP (WPPGY) CEO Martin Sorrell confirmed the company is interested in acquiring Tesco's (TSCDY) Dunnhumby data unit, estimated to be worth as much as $2B, reports City A.M., citing statements given at the Media & Telecoms conference in London. Sorrell noted he was specifically interested in the company's Clubcard loyalty program. Tesco is likely to pursue a majority stake selloff rather than full divestiture, notes the article. Reference Link
March 16, 2015
07:16 EDTWPPGYConsumer Analyst Group of Europe to hold a conference
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06:54 EDTWPPGYWPP in race to buy majority stake in Dunnhumby, Telegraph reports
According to sources, WPP PLC (WPPGY) has entered the race to buy a majority stake in Tesco (TSCDY)-owned consumer behavior tracker Dunnhumby, The Telegraph reports. Dunnhumby could be valued at up to GBP2B, the publication says. Reference Link

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