Oct 26- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported a fall in revenue on lower spending by customers and some account losses in 2011..
Stock indexes are moving between small gains and losses on Wall Street Friday after Goodyear Tire& Rubber and other companies turned in weak earnings reports. Goodyear's stock sank 7 percent after the company said that a steep dropoff in sales in Europe delivered a blow to the company's earnings.
The governor of Lombardy refused to resign over a widening graft scandal on Thursday but said he would appoint a new government for Italy's wealthiest and most populous region, adding to political disarray six months from general elections.
Moody's has Spain on review for a possible downgrade. Italy's government expects to raise at least 1 billion euros from the financial transaction Rome aims to introduce starting from the beginning of next year, daily Il Corriere della Sera said on Thursday.
MILAN, Oct 10- Impregilo's Chief Executive Pietro Salini is being investigated in connection with a probe into a motorway tender in Romania, judicial sources said on Wednesday.
*RBC raises Interpublic price target to $15 from $14; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK-- A Citi analyst on Tuesday upgraded Interpublic Group of Cos. to "Buy" from "Neutral," saying that the company is poised to rebound next year after a tough 2012.. THE BACKGROUND: Interpublic, along with other advertising companies, had a rough time this year.
*Citigroup raises Interpublic Group to buy from neutral-. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Take a look at some of Friday’s morning movers:
Take a look at some of Friday morning's early movers:
Superstitious investors who have come to believe that traditional fundamental analysis methods are haywire in the seesawing marketplace may want to consider promising stocks with beaten-down prices of under $11.
With data from Thomson Reuters, CNBC.com took a look at which stocks in the S&P 500 have average consensus estimates farthest above their stock prices.
CNBC.com ran a screen of the S&P 500 looking for stocks with dividend yields greater than 2.5 percent, positive EPS and Revenue figures in the last two consecutive quarters, and are trading the farthest below their 50-day moving averages.
The Dow Jones Industrial Average closed down for the eighth consecutive day on Tuesday, posting its longest losing streak since October 10, 2008, when it fell 22 percent over an eight-day period.
By buying T-Mobile, AT&T is creating a new advertising giant, which will send ripples throughout the ad industry. Here's why and what to expect.
The technology giant on Friday announced its first-ever dividend. Is it an act of desperation? The "Fast Money" traders weigh in.
As the most volatile week in months winds down, investors are more likely to quietly square positions Friday, ahead of the weekend and month end.
What follows is a roundup of corporate earnings reports for Friday, Feb. 25.
Options trader "DRJ" said these stocks are moving on mergers and acquisitions possibilities.
Markets turn their focus back to the economy when third quarter GDP is released Friday, ahead of the market open.