Interpublic Group of Companies, Inc
Initiative CEO Advises Clients to Boycott Facebook Advertising
In December, the CEO of Initiative, a global advertising agency owned by Interpublic Group, advised clients to boycott advertising on Facebook’s platforms.
Why Did Amazon Cut Its Bloomberg Ad Budget?
Amazon’s Bloomberg advertising budget cut comes in the midst of a tense relationship between the companies following a controversial hacking story.
Why Google Is Not in Favor of Ad Agency Disintermediation
In the cloud computing industry, Google is behind market leaders Amazon (AMZN) and Microsoft (MSFT) and it is trying many strategies to bolster its position.
Is Google Considering Bypassing Advertising Middlemen?
Alphabet’s (GOOGL) Google is one of the world’s largest digital advertising platforms.
Consumer Companies: Analysts’ Ratings for August 14–18, 2017
On August 15, Canaccord Genuity upgraded VF Corporation (VFC) to a “buy” from a “hold” and raised the target price to $73 from $58.
Elliott Management Reduced Its Holding in Interpublic Group of Companies
According to a 13F filing, Elliott Management’s largest position reduction was in Interpublic Group of Companies (IPG).
Will Facebook and Twitter Challenge YouTube in the Video Ad Space?
Rivals Facebook (FB) and Twitter (TWTR) have started to become more aggressive to leverage this fast-growing market.
How Does Interpublic Group of Companies Compare to Its Peers?
The PowerShares Dynamic Media ETF (PBS) invests 2.8% of its holdings in Interpublic Group.
Interpublic Group Reported Mixed Quarterly Results in 3Q15
After its 3Q15 earnings report, Interpublic Group of Companies rose by 1.5% to close at $21.72 per share on October 21, 2015.
GAMCO starts new position in TRW Automotive Holdings
GAMCO adds TRW position During the third quarter, GAMCO Investors started a new position in TRW Automotive Holdings Corp. (TRW). The position accounted for 0.63% of the fund’s 3Q14 portfolio. TRW Automotive Holdings overview TRW Automotive Holdings supplies vehicular systems, modules, and components to original equipment manufacturers and related aftermarkets globally. The firm mainly designs, manufactures, and […]
GAMCO adds new position in Weatherford International
GAMCO Investors took a large new position in Weatherford International (WFT) during the third quarter. The position accounted for 1.21% of the fund’s 3Q14 portfolio.
GAMCO Investors raises its stake in Chemtura
Mario Gabelli’s GAMCO Investors upped its position in Chemtura Corporation (CHMT) during 3Q14. Recently, a 13D amended filing raised the position further.
GAMCO Investors raises its position in Interpublic Group
GAMCO Investors increased its position in the Interpublic Group of Companies Inc. (IPG) during third quarter. The position accounted for 0.56% of the fund’s 3Q14 portfolio.
GAMCO Investors ups position in Sony
Mario Gabelli’s GAMCO Investors added to its position in Sony Corp. ADR (SNE) during the third quarter. The position accounted for 0.52% of the fund’s 3Q14 portfolio.
GAMCO Investors adds new stake in Bally Technologies
Mario Gabelli’s GAMCO Investors began a new position in Bally Technologies Inc. (BYI) during the third quarter. The position accounted for 0.11% of the fund’s 3Q14 portfolio.
GAMCO Investors adds new position in Concur Technologies
During 3Q14, GAMCO Investors started a new position in Concur Technologies Inc. (CNQR). The position accounted for 0.35% of the fund’s third-quarter portfolio.
GAMCO Investors opens a new position in Sigma-Aldrich
GAMCO Investors started a new position in 3Q14 in Sigma-Aldrich Corp (SIAL). The position accounted for 0.24% of the fund’s 3Q14 portfolio.
GAMCO Investors establishes position in Liberty Media
GAMCO Investors started a new position in Liberty Media Corporation Class C (LMCK) during 3Q14. The position accounted for 0.36% of the fund’s third-quarter portfolio.
Must-know positions traded by GAMCO Investors in 3Q14
During 3Q14, GAMCO acquired stakes in three companies that are currently involved in merger and acquisition transactions.
Must-know: Interpublic’s performance versus its ad agency peers
IPG has a lower dividend yield compared to WPP and Omnicom, which raised its quarterly dividend in May by 25% to $0.50 per share—IPG also raised its dividend earlier this year by 27% to $0.095 per share quarterly or $0.38 annually.
Why international acquisitions could expand Interpublic
According to news reports, IPG was rumored to be an attractive takeover candidate for its peers, especially the Japanese media network Dentsu (DNTUY), France-based Havas (HAVSF), or larger peer Publicis (PUBGY).
Why margin improvement is a priority for Interpublic
The company said its “financial goals include competitive organic revenue growth and operating margin expansion, which we expect will further strengthen our balance sheet and total liquidity and increase value to our shareholders.”
Must-know: An overview of Interpublic Group’s businesses
Interpublic Group’s (IPG) companies specialize in consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
Elliott Management goes activist on Interpublic Group
A 13D filing said that Elliott believes IPG is undervalued and represents an attractive investment opportunity. The fund said it “seeks to engage in a constructive dialogue” with the board “regarding steps to maximize shareholder value.”