Global Group of Companies News

They currently have a $11.00 price target on the stock. Zacks ' analyst wrote, "We are downgrading our Outperform recommendation on Interpublic Group of Companies to Neutral.

Interpublic shareholders met Thursday in New York and voted overwhelmingly to re-elect all members of the company's board of directors including chairman and CEO Michael Roth.

New York, NY - May 24, 2012 - Interpublic Group today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.06 per share, payable on June 22, 2012 to holders of record at the close of business on June 8, 2012.

When Interpublic sold half of its Facebook stake last year, it appeared company chief Michael Roth left some money on the table for an entity with a $100 billion valuation at the opening of its first day of trading on May 18.

Interpublic Group of Companies traded up 0.28% on Monday, hitting $10.74. Interpublic Group of Companies has a 52-week low of $6.73 and a 52-week high of $12.91. The company has a market cap of $4.758 billion and a price-to-earnings ratio of 10.53. Interpublic Group of Companies last posted its quarterly earnings results on Thursday, April 26th.

Today's noteworthy downgrades include: Avon Products downgraded to Sell from Neutral at UBS... Bank of America downgraded to Underperform from Market Perform at JMP Securities... Best Buy downgraded to Hold from Buy at BB&T... Citigroup downgraded to Underperform from Market Perform at JMP Securities... Goldman Sachs downgraded to Underperform from ... (more)

Several other analysts have also recently commented on the stock. Analysts at Piper Jaffray raised their price target on shares of Interpublic Group of Companies from $11.00 to $12.00 in a research note to investors on Monday, April 30th.

In some ways, the mobile advertising industry is like a teenager - relatively young, generally frustrating and difficult to size up.

New York, NY - May 16, 2012 - Interpublic Group senior management will present at the Barclays Global Technology, Media and Telecommunications Conference on Tuesday, May 22 , 2012, at 4:15 pm Eastern Time, as scheduled.

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Television, the entertainment stalwart, may have seen better days. Viewer demand for content is higher than ever, but consumers are increasingly watching it on DVR, computers, tablets or smartphones, which often allows them to skip advertising.

This new business entity has been formed through the acquisition of a 51% interest in MDS Co., Ltd.

In late April, Erica Plotkin, a digital associate media director in the New York office of Interpublic Group of Cos.' Martin Agency, heard from her team that something was awry with their client's banner ads on BBC.com, and was told that it needed to be checked out right away.

Steak, the London-based digital agency that's part of the Dentsu Network, has named Ruth Nightengale senior vice president-client services in its New York office.

New York, NY - May 10, 2012 - Interpublic Group senior management will present at the 40 Annual J.P. Morgan Global Technology, Media & Telecom Conference on Tuesday, May 15 , 2012, at 8:40 am Eastern time, as scheduled.

Holding company trading desks are moving to embed their capabilities locally within operating agencies, rather than operating entirely from a remote corporate hub.

AKQA has won the Verizon Wireless digital marketing account, which has been in review since January.

Tags: Madison Avenue , Advertising , WPP Group , Interpublic Group , MDC Partners , McCann Erickson , Walmart , Deutsch , Publicis , Saatchi , Euro RSCG , News Corp , New York Post , Omnicom It's often said that the advertising business is all about relationships.

MillerCoors has shuffled the deck on its agencies, and is stepping away from longtime partner DraftFCB in the U.S. However, the Interpublic-owned agency appears to have kept the account in Canada.

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