Take a look at some of Friday's midday movers:» Read More
BARCELONA, Nov 21- Three major rivals to advertising groups Omnicom and Publicis, which are merging, say they are poaching work from the pair by luring clients who are unsettled by the $35.1 billion deal.
BARCELONA, Nov 21- The $35.1 billion tie-up of advertising groups Omnicom and Publicis will close by the middle of next year at the latest, the two groups said on Thursday, pushing the date back slightly later than expected.
BARCELONA, Nov 21- Japanese advertising group Dentsu is winning global media contracts for the first time through its newly-acquired Aegis business and has been taking work away from rivals Omnicom and Publicis since the two decided to merge.
Oct 18- Interpublic Group of Cos reported lower-than-expected quarterly results due to weak demand in Europe, and warned that the U.S. shutdown could hurt the current quarter. "Macro conditions in Europe and our results in that region remained more challenging than had been expected at the outset of this year," CEO Michael Roth said in a statement.
Oct 18- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported a 2 percent rise in quarterly revenue due to strength in U.S. advertising. Revenue rose to $1.70 billion in the third quarter for the U.S.-based company, from $1.67 billion a year earlier.
NEW YORK/ SAN FRANCISCO, Oct 14- Three weeks ago, Yahoo Inc Chief Executive Marissa Mayer strode into a Manhattan hotel and was greeted like a rock star by hundreds of advertising executives who snapped pictures as she sat down for an interview with journalist Charlie Rose.
*Drug firm Perrigo to buy Elan; Publicis, Omnicom in merger. Shares of Southwestern Energy slid 3 percent to $38.14 and shares of Noble Energy fell 2.1 percent to $62.07 following as a decline in natural gas prices.
*Shares in WPP, Interpublic, Havas leap on deal news. LONDON/ PARIS, July 29- A plan to merge Publicis and Omnicom into the world's biggest advertising group has rivals ready to poach their blue-chip clients that might leave the new agency as it faces potential conflicts of interest.
WASHINGTON/ BRUSSELS, July 29- Publicis and Omnicom will most likely have to shed some assets in order for their mega deal to win approval from regulators in the United States, Europe and 40 other countries where they operate. The deal would combine the world No. 2 agency, Omnicom, with the No. 3, Publicis, to create the world's largest agency.
*Drug firm Perrigo to buy Elan; Publicis, Omnicom in merger. The energy sector led the day's losses, with the S&P energy index down 0.9 percent, while Caterpillar was up 0.9 percent at $82.82 and gave the Dow its biggest boost after announcing a $1 billion accelerated stock repurchase program.
*Investors turn focus to data, signals from Fed on stimulus. *Drug firm Perrigo to buy Elan; Publicis, Omnicom in merger. NEW YORK, July 29- U.S. stocks fell on Monday as investor sentiment turned wary before a U.S.
July 29- Interpublic Group of Cos does not see a need for a major merger or acquisition following the merger announcement from bigger rivals Omnicom and Publicis, the No. 2 U.S. advertising company's chief executive said on Monday.
*Shares in WPP, Interpublic, Havas leap on deal news. LONDON/ PARIS, July 29- A plan to merge Publicis and Omnicom into the world's biggest advertising group has begun a scramble by rivals to poach their blue-chip clients worried the new agency might face conflicts of interest.
*Drug firm Perrigo to buy Elan; Publicis, Omnicom in merger. NEW YORK, July 29- U.S. stocks dipped on Monday as a week packed with data and central bank meetings got under way, with the S&P 500 within a few points of its record close set a week ago. Federal Reserve, which will be combed for clues on when the Fed will begin to pare its $85 billion in monthly asset purchases.
LONDON, July 29- Shares in advertising groups jumped on Monday after Publicis and Omnicom said they would merge, as investors bet the deal would create an opening for rivals to poach defecting clients and potentially trigger more deals.
DAGENHAM, England, July 28- Glistening chains on the turnstyles at Ford Motor Co.' s plant in east London illustrate how, even when companies unveil positive news about their European operations, it may not mean things are picking up in the economy.
July 19- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, said it would focus on cutting costs after reporting a lower-than-expected second-quarter profit due to steep declines in ad spending in Europe.
July 19- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, said it would focus on controlling costs after reporting a lower-than-expected second-quarter profit. The rebounding U.S. ad market helped larger rivals Omnicom Group and Publicis Groupe report better-than-expected earnings this week.
Several more Dow components report earnings Friday, providing a glimpse of how industrial and consumer companies fared in the squishy global economy last quarter.
Jim Cramer makes the call on viewers' favorite stocks.