L'Oreal cut to sell as Deutsche Bank flags China risks
Shares of European luxury goods groups pressured the French stock-market on Tuesday after L'Oreal was downgraded by Deutsche Bank.
Source: marketwatch.com
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L'Oreal 1H Sales EUR20.57B
Corrections & Amplifications This headline was corrected at 12:07 p.m. ET because the original version incorrectly said the first half gross profit was...
Source: marketwatch.com
How WPP's Move to Digital Could Boost the Ad Agency's Stock
Order Reprints Print Article Covid-19 has accelerated a move by clients to digital platforms, which will be a strength for WPP and its stock. Benjamin Fathers/AFP/Getty Images Text size The world’s largest advertising agency, WPP, is seen as a bellwether for the economic health of different sectors because marketing budgets tend to be axed first in tough times—and dusted off first when things pick up. The company, which counts Ford Motor and L’Oréal as clients, duly crashed about 22% over the past year during the pandemic as clients looked to cut cos...
Source: barrons.com