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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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March 3, 2015
12:34 EDTOMCOmnicom Media Group signs 2015 upfront deal with National CineMedia
Omnicom Media Group, the media services division of Omnicom Group (OMC), has entered into an upfront agreement with National CineMedia (NCMI), to bring Omnicom client brands to movie patrons across NCMís network in 2015. The deal, which will cover approximately $50M in advertising over the next year, is the latest example of Omnicom Media Groupís video-neutral approach to media buying, placing cinema in its premium video tier. This landmark upfront buy is fully integrated to reach moviegoers on-screen, on-site, online and on mobile devices, and includes NCMís FirstLook pre-show, Shazam cinema interactivity, movie theater lobby activations, and online and mobile video campaigns specifically targeting NCM movie audiences.
07:08 EDTOMCAmerican Society for Clinical Pharmacology and Therapeutics holds meeting
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February 20, 2015
15:31 EDTOMCOmnicom management to meet with JPMorgan
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February 19, 2015
11:12 EDTOMCOmnicom management to meet with Jefferies
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February 17, 2015
07:44 EDTIPGInterpublic Group Q4 results encouraging, says Wells Fargo
Wells Fargo says that Interpublic Group reported higher than expected organic growth for Q4, and the firm said it was encouraged by the large number of positive catalysts that helped drive the results. The firm thinks the company's margins could continue to rise, and it keeps an Outperform rating on the shares.

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