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Stock Market & Financial Investment News

News Breaks
July 21, 2013
18:18 EDTIPGInterpublic Group could rise 20% this year, Barron's says
Interpublic Group's new management has halted client losses and brought in new business. The stock could continue to rise another 20% over the coming year, Barron's contends in a feature article. Reference Link
News For IPG From The Last 14 Days
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July 28, 2014
10:02 EDTIPGOn The Fly: Analyst Initiation Summary
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06:14 EDTIPGInterpublic Group initiated with a Neutral at Citigroup
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July 25, 2014
10:02 EDTIPGOn The Fly: Analyst Downgrade Summary
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05:47 EDTIPGInterpublic Group downgraded to Neutral from Overweight at Atlantic Equities
Atlantic Equities downgraded Interpublic Group due to valuation.
July 24, 2014
11:09 EDTIPGElliott to call on Interpublic to sell to rival, DealBook says
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10:57 EDTIPGElliott to push Interpublic Group to put itself up for sale, Bloomberg says
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09:17 EDTIPGInterpublic Group rallies after activist Elliott reports stake
Elliott Associates reported a 6.7% stake in Interpublic Group (IPG) and stated it seeks to engage in a "constructive dialogue" with the company's board regarding steps to maximize shareholder value. As of July 23, Elliott beneficially owned 5.58M shares of common stock, including 3.675M shares of underlying options. On May 29, CNBC's David Faber that Elliott may be a buyer of Interpublic shares. On June 19, in an interview with the Wall Street Journal, Interpublic CEO Michael Roth downplayed the speculation of an activist investor. Shares of advertising and marketing services company are up 65c, or 3%, to $20.50 in pre-open trading.
09:07 EDTIPGElliott Associates reports 6.7% stake in Interpublic Group
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