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Despite an increase in revenue, Interpublic Group last week reported a loss of $102 million in the fourth quarter, or 26 cents a share, as the holding company continued its restructuring efforts.
That loss compares with a profit of $20.3 million, or 5 cents a share, in the year-earlier period. Revenue, aided by exchange rates, rose 5.7 percent to $1.6 billion. International revenue surged 18 percent to $768.4 million. U.S. revenue slumped 3.4 percent to $861 million.
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