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Stock Market & Financial Investment News

News Breaks
July 24, 2014
11:09 EDTOMC, PUBGY, IPGElliott to call on Interpublic to sell to rival, DealBook says
Elliott Management plans to call on Interpublic Group (IPG), in which it has taken a stake, to sell itself to one of its competitors, reported The New York Times' DealBook earlier, citing a person briefed on the matter. Note that activist investor Elliott disclosed this morning that it had acquired a 6.7% stake in Interpublic and DealBook's reporting aligns with a similar report from Bloomberg. Interpublic's competitors include Publicis (PUBGY) and Omnicom (OMC), who called off a planned merger earlier this year. Reference Link
News For IPG;PUBGY;OMC From The Last 14 Days
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February 12, 2016
07:14 EDTIPGInterpublic Group raises quarterly dividend to 15c per share from 12c per share
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07:13 EDTIPGInterpublic Group authorizes new $300M stock repurchase program
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07:07 EDTIPGInterpublic Group reports Q4 adjusted EPS 66c, consensus 62c
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February 11, 2016
14:30 EDTIPGNotable companies reporting before tomorrow's open
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February 9, 2016
06:42 EDTOMCOmnicom reports Q4 EPS $1.35, consensus $1.33
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February 8, 2016
14:28 EDTOMCNotable companies reporting before tomorrow's open
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12:25 EDTIPGInterpublic Group upgraded to Buy from Hold at Pivotal Research

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