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Stock Market & Financial Investment News

News Breaks
December 31, 2012
05:51 EDTWPPGY, MDCA, PUBGYAd agencies face budget cuts over fiscal cliff, WSJ reports
Advertising agencies could see budget cutbacks as the fiscal cliff affects advertisers, reports the Wall Street Journal. Without a Congressional budget deal, there will likely be "further belt tightening" in the advertising and media business, said Laura Desmond, CEO of Starcom MediaVest, a media buying giant owned by Publicis Groupe (PUBGY). Reference Link
News For WPPGY;PUBGY;MDCA From The Last 14 Days
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July 28, 2015
10:00 EDTMDCAOn The Fly: Analyst Initiation Summary
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08:16 EDTMDCAMDC Partners initiated with an Outperform at Wedbush
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July 22, 2015
13:06 EDTWPPGYCompetitors ask EU to probe Google ad technology market practices, FT says
Several of Google's (GOOG) rivals, including OpenX and AppNexus, which is part owned by WPP (WPPGY) and Microsoft (MSFT), have suggested that the European Union investigate the internet giant, claiming it may be unlawfully stifling competition in the market for advertising technology, the Financial Times reports. The companies' grievances relate to the way in which Google bundles its advertising technology products through contracts that may discourage or even prevent customers from using competitors' services, the report says. The companies in question have submitted documents to the EU expressing concern over the issue but have not submitted an official complaint, the report adds. Reference Link
July 21, 2015
10:01 EDTMDCAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASML (ASML) upgraded to Accumulate from Neutral at SNS Securities... Anacor (ANAC) upgraded to Buy from Neutral at Goldman... Artisan Partners (APAM) upgraded to Outperform from Neutral at Credit Suisse... Canadian National (CNI) upgraded to Buy from Hold at Canaccord... General Mills (GIS) upgraded to Outperform from Sector Perform at RBC Capital... Halliburton (HAL) upgraded to Accumulate from Neutral at Global Hunter... Harte-Hanks (HHS) upgraded to Outperform from Market Perform at BMO Capital... MDC Partners (MDCA) upgraded to Overweight from Neutral at Piper Jaffray... SABMiller (SBMRY) upgraded to Buy from Neutral at Nomura... Sanmina (SANM) upgraded to Neutral from Underperform at Longbow... Santander Mexico (BSMX) upgraded to Neutral from Sell at Goldman... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Northcoast... Southwestern Energy (SWN) upgraded to Buy from Neutral at Global Hunter... Verisk Analytics (VRSK) assumed with an Outperform at Keefe Bruyette.
06:52 EDTMDCAMDC Partners upgraded to Overweight from Neutral at Piper Jaffray
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July 20, 2015
17:23 EDTMDCAMDC Partners reaffirms annual guidance
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17:22 EDTMDCAMDC Partners names Scott Kauffman as CEO
MDC Partners announced that Miles Nadal has retired as the company's CEO. Nadal is also stepping down from his position on the Board of Directors as Chairman. Scott Kauffman, who has served as Presiding Director on the company's Board of Directors, has been named the company's new Chairman and CEO. Irwin Simon, a current member of the Board, has been appointed as MDC's Presiding Director. The company also announced that Michael Sabatino, formerly Chief Accounting Officer of MDC Partners, has resigned.
July 17, 2015
10:05 EDTMDCAOn The Fly: Analyst Upgrade Summary
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09:37 EDTMDCAMDC Partners upgraded to Overweight from Market Perform at Albert Fried
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