FTSE 100 slides as EU, BoE slash growth forecasts, TUI tumbles [Reuters (UK)]
WPP plc American Depositary Shares (WPP)
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Source: Reuters
FTSE 100 edges up as pound helps cushion steep falls in TUI, WPP | Reuters 3 Min Read (Reuters) - Britain’s blue-chip share index edged higher on Thursday as a weaker pound helped international stocks eke out gains and offset poor results from tour operator TUI and pressure from advertising group WPP. The FTSE 100 recovered from small initial losses to inch up 0.1 percent by 0927 GMT. The domestically focused FTSE 250, however, was down 0.5 percent ahead of a Bank of England meeting and Prime Minister Theresa May’s visit to Brussels to seek changes to a Brexit deal. London-listed shares of TUI AG slumped 17 percent to their lowest in nearly two years after the tour operator slashed its earnings forecast for the fiscal year, blaming weakness in the pound and hot weather last summer which it said discouraged people from booking trips abroad. Companies earning dollars gained, though, as sterling slipped before the BoE meeting, when interest rates are widely expected to stay on hold, and
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WPP
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- WPP First Quarter Trading Update [Yahoo! Finance]Yahoo! Finance
- WPP First Quarter Trading UpdateBusiness Wire
- Should You Be Worried About WPP plc's (LON:WPP) 5.1% Return On Equity? [Yahoo! Finance]Yahoo! Finance
WPP
Sec Filings
- 4/25/24 - Form 6-K
- 4/5/24 - Form SC
- 4/2/24 - Form 6-K
- WPP's page on the SEC website