WPP Cuts Sales Forecast as Clients Reduce Spending

WPP Plc, the world’s biggest advertising agency, cut its full-year sales growth forecast as clients in North America and continental Europe reduced spending. The stock dropped the most since October 2011.
The Top 5 Business News Stories to Watch for Today
07:59 - Omega Advisors Founder, CEO and Chairman Leon Cooperman and Bloomberg's Erik Schatzker and Stephanie Ruhle report on the top five business stories of the day. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)
  • Will BlackRock's Foray Into Do-Good Investing Succeed?
  • Morning Meeting: Bullish on Athletic Wear
  • Langone: Pope Came From Country With Crony Capitalism