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Profile of the Week

Published on .

WPP Group took a rare stumble in late-week selling on the Nasdaq stock exchange in New York. The price slide followed a stock split earlier in the week and news that its Ogilvy & Mather Worldwide unit had snared a plum account: the estimated $200 million global assignment for oil industry giant BP Amoco. Steady gains had pushed WPP stock to levels more than double those of a year ago. In trading on Friday, WPP stock closed at $62.63, down 8.07% from Thursday's close and 4.39% for the week.
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