IPG's Diamond 'Cautiously Optimistic' Given the Situation in Washington

Interpublic Group reported second quarter revenue of$1.74 billion, up from $1.61 billion for the same period in 2010. Organic growth was 4.7 percent; 4.2 percent in the U.S. and 5.5 percent around the world.

Operating income for the quarter was $174 million, which is actually down from $177.2 in 2010. For the half, operating income was $128.7 million versus $117.8 million in 2010.

For the first half, revenue totaled $3.22 billion, up from $2.95 billion in 2010 with organic revenue growth of 6.8

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