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flag Rolls-Royce shares soar 15% after profit forecast upgrade and £1 billion buyback announcement.

flag Rolls-Royce's shares surged by over 15% after the company upgraded its profit forecast and announced a £1 billion stock buyback. flag The positive outlook boosted the FTSE 100 and was driven by improved financial performance and plans for increased UK defense spending. flag In contrast, WPP's shares fell over 15% due to a decline in client spending. flag Rolls-Royce also resumed dividend payments, marking a significant recovery from the financial difficulties caused by the pandemic. flag Despite strong gains, some analysts remain cautious about the company's long-term prospects.

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