| 2018-04-15 19:24:30|
TWX, VIA… 19:24 04/15 04/15/18
On The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Sir Martin Sorrell has stepped down as CEO of WPP (WPP) with immediate effect. Roberto Quarta, Chairman of WPP, becomes Executive Chairman until the appointment of a new CEO. Mark Read, CEO of Wunderman and WPP Digital, and Andrew Scott, WPP Corporate Development Director and Chief Operating Officer, Europe, have been appointed as joint Chief Operating Officers of WPP. 2. Caesars (CZR) announced it has signed an agreement to manage two luxury hotels and a beach club in Dubai, the casino operator's first non-gaming resorts. 3. U.S. Bancorp (USB) looks appealing after lagging behind most big banks during the past year, Andrew Bary wrote in this week's edition of Barron's. It generates some of the industry's highest returns and a modest price/earnings ratio of 12.6, the report added. 4. Warner Bros.' (TWX) New Line movie "Rampage" opened to $34.5M from $4,101 theaters, one of the best showings ever for a video game adaptation and enough to win the weekend ahead of Paramount's (VIAB) horror sensation "A Quiet Place." The movie stars Dwayne Johnson as a primatologist whose beloved pal, an albino gorilla, is transformed into a giant menace as the result of genetic experiment. 5. Cummins (CMI), Alcoa (AA), Century Aluminum (CENX) saw positive mentions in Barron's.
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