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 Challenges Facing Central Banks
04:49 - Columbia Threadneedle EMEA CIO and Global Head of Equities Mark Burgess discusses the outlook for the Fed and the ECB with Mark Barton on "Bloomberg Surveillance."
  • Turnill: London Brexit Headwinds Larger Than Rest of U.K.
  • Wood: A Whole Load of Bad News to Come for U.K. Economy
  • Turnill: Long-Term European Bank Headwinds Still Strong