Shares in Italian general contractor Impregilo rise more than 5 percent as investors bet on the positive impact coming from the planned merger with builder Salini. "In the short and medium-term the merger with Salini will be the main driver for Impregilo's shares," Banca Akros says in a note.
Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a change to the European Union's focus on austerity and pursue economic growth and jobs. *Italy's new government wants to renegotiate the pact of stability with the European Union, the industry minister said in an interview on Tuesday.
Italian President Giorgio Napolitano on Wednesday asked centre-left politician Enrico Letta to form a new government, signalling the end of a damaging two-month stalemate since elections in the euro zone's third largest economy in February.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported a marginal decline in quarterly revenue after losing big accounts from Microsoft Corp and SC Johnson& Son Inc.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported marginally lower quarterly revenue as both domestic and international markets weakened. Excluding the impact of the Facebook transaction during the fourth quarter of 2012, it earned 56 cents per share.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, said it expected to return to growth this year after revenue declined in 2012 due to the loss of big accounts including Microsoft Corp's North America media-buying business.
Feb 12- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported a better-than-expected fourth-quarter profit on higher revenue in its domestic market.
Feb 12- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported a better-than-expected fourth-quarter profit on higher revenue in its domestic market.