This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34636054
The article has changed 5 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
WPP leads FTSE 100 lower after trading update | WPP leads FTSE 100 lower after trading update |
(about 4 hours later) | |
(Close): WPP was among the biggest fallers on the London market as investors digested the advertising giant's latest trading update. | |
The FTSE 100 ended the day down 27.06 points or 0.42% at 6,417.02. | |
WPP shares dropped 2.2%, despite the company saying it was on track to hit its full-year targets. | |
Like-for-like net sales grew by 3.3% in the third quarter, up from 2.3% in the first half of the year. Its full-year target is growth above 3%. | Like-for-like net sales grew by 3.3% in the third quarter, up from 2.3% in the first half of the year. Its full-year target is growth above 3%. |
However, analysts said the results were slightly disappointing. | However, analysts said the results were slightly disappointing. |
In the FTSE 250, shares in TalkTalk fell a further 12% as investors continued to shun the telecoms company in the wake of last week's cyber-attack. | |
At the weekend, TalkTalk chief executive Dido Harding said the attack was "smaller" than originally thought, but customers' bank account and sort code details may have been accessed. | At the weekend, TalkTalk chief executive Dido Harding said the attack was "smaller" than originally thought, but customers' bank account and sort code details may have been accessed. |
Shares in Aberdeen Asset Management rose 2.9% following a report in the Financial Times that the company could be up for sale. | |
The FT said that Aberdeen's chief executive, Martin Gilbert, had begun to seek possible buyers of the business. | The FT said that Aberdeen's chief executive, Martin Gilbert, had begun to seek possible buyers of the business. |
However, in a statement issued to the Reuters news agency, the company denied the reports. | However, in a statement issued to the Reuters news agency, the company denied the reports. |
"In his 32 years running Aberdeen, Martin Gilbert has never approached anyone, formally or informally, about buying the business," the statement said. | "In his 32 years running Aberdeen, Martin Gilbert has never approached anyone, formally or informally, about buying the business," the statement said. |
On the currency markets, the pound rose 0.3% against the dollar to $1.5361 and was barely moved against the euro at €1.3905. |