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Stock Market & Financial Investment News

News Breaks
July 24, 2014
11:09 EDTIPG, PUBGY, OMCElliott 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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October 31, 2014
08:44 EDTPUBGY, OMCWPP CEO says AppNexus stake leaves rivals 'nowhere to go,' BI reports
WPP (WPPGY) CEO Martin Sorrell boldly proclaimed on the company's Q3 earnings call that his company's investment in ad technology company AppNexus has caused a "considerable amount of consternation and disruption" in the industry and left its rivals Publicis (PUBGY) and Omnicom (OMC) with "nowhere to go" to ramp up their competition in the online advertising space, according to Business Insider. Reference Link
October 28, 2014
12:59 EDTPUBGYPublicis acquires RUN, terms not disclosed
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October 23, 2014
12:27 EDTIPGInterpublic Group management to meet with Jefferies
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06:36 EDTPUBGY, OMCPublicis CEO takes blame for disappointing results, Business Insider reports
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October 22, 2014
10:09 EDTOMCOn The Fly: Analyst Downgrade Summary
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07:05 EDTIPGInterpublic Group reports Q3 EPS 21c, consensus 21c
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05:24 EDTOMCOmnicom downgraded to Sell from Neutral at Goldman
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October 21, 2014
15:35 EDTIPGNotable companies reporting before tomorrow's open
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07:15 EDTOMCOmnicom reports Q3 organic growth increased revenue 6.5%
Reports Q3 domestic revenue up 10% to $2.0B; Reports Q3 international revenue up 4.7% to $1.75B. Across our regional markets, organic revenue in the third quarter of 2014 increased 8.9% in North America, 2.2% in Europe, 4.4% in Asia Pacific, 2.5% in Latin America and 18.1% in Africa/Middle East when compared to the same quarter of 2013.
07:07 EDTOMCOmnicom reports Q3 EPS 95c, consensus 90c
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October 20, 2014
15:36 EDTOMCNotable companies reporting before tomorrow's open
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09:24 EDTOMCOmnicom management to meet with JPMorgan
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