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Topic: Interpublic Group

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Elliott Management Takes Significant Stake in IPG Hedge fund now owns 6.7 percent of common shares

Interpublic Group now has a new major shareholder in Elliott Management, which disclosed today that it had amassed nearly a 7 percent stake in the No. 4 holding company. After months…

July 24, 2014, 10:16 AM EDT

IPG's Net Income More Than Tripled in the First Half Q2 revenue growth helps drive results

Interpublic Group's net income more than tripled in the first half of the year, thanks to solid revenue and earnings growth in the second quarter. Second-quarter net income grew 24 percent to $99.4 million, from…

July 18, 2014, 8:16 AM EDT

Jacki Kelley Leaves IPG for Bloomberg Media Becomes COO for media

Jacki Kelley is heading back to the sell side of media. Kelley, the former North American CEO of IPG Mediabrands, a group that includes media buying agencies like UM and Initiative,…

June 11, 2014, 10:21 AM EDT

Johnson & Johnson Shifts Media Buying Business to OMD Spending approaches $1 billion annually

In a significant shift, Johnson & Johnson’s U.S. media buying business is leaving a unit that Interpublic Group created for J&J seven years ago. Omnicom Group’s OMD is inheriting the assignment…

May 23, 2014, 12:27 PM EDT

IPG CEO Michael Roth Defends His Pay Says it's comparable or less than what competitors make

Interpublic Group CEO Michael Roth today defended his compensation as mid-tier compared to his competitors. Roth, speaking at IPG's annual shareholder meeting in New York, received $11.7 million in salary, stock,…

May 22, 2014, 1:18 PM EDT

UM Wins Build-A-Bear Workshop Assignment spans North America and the U.K.

UM has won media responsibilities for Build-A-Bear Workshop in North America and the U.K. without a review. In the U.S. alone last year, the retailer spent more than $12 million in…

April 30, 2014, 3:01 PM EDT

Microsoft Splits Its Global Ad Business Between IPG and Dentsu Total account revenue is estimated at $100 million

Microsoft began its global advertising review with the aim of consolidating its business within a single ad holding company. In the end, however, the business was split between two: Interpublic…

April 30, 2014, 11:57 AM EDT

IPG Grows Revenue but Loses Money in Q1 Company reasserts its organic growth, margin goals

Interpublic Group today reported a net loss of nearly $21 million in the first quarter of the year, despite solid revenue growth of 6 percent. The company ended the quarter with…

April 22, 2014, 8:35 AM EDT

R/GA Takes Lead on Fossil's Social Media Efforts Will help create 30th anniversary work

R/GA has become the first social marketing lead agency for Fossil, the Richardson, Texas-based maker of clothing and accessories. The assignment encompasses social strategy, analytics, content creation, publishing and campaign development…

March 27, 2014, 4:27 PM EDT

Net Income Falls at Interpublic Q4, full-year declines come despite revenue gains

Net income fell at Interpublic Group last year—both in the fourth quarter and for the full year—despite revenue gains in each period. Revenue grew 3 percent in Q4 to $2.12 billion…

February 14, 2014, 9:46 AM EST

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