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Interpublic Schedules Third Quarter 2008 Earnings Release

NEW YORK--(BUSINESS WIRE)--Interpublic Group (NYSE: IPG) today announced that it will release earnings for the quarter ended September 30, 2008 on October 28, 2008. Following the release,

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Is Wachovia's $150 Million Ad Account Smart Spending?

Julia Boorstin submits: Wachovia (WB) just awarded its roughly $150 million advertising account to Ogilvy & Mather, a division of UK-based ad giant WPP (WPPGY). Wachovia has been looking for a new agency since the spring, ready to leave a division of Interpublic Group to update its brand. But now Wachovia is in a period of total flux, and with its debt soaring on WaMu's (WM) failure, the bank is in...

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IPG Follows WPP, Publicis, Will Invest In New Media Startups

Interpublic Group (IPG) is following other global agency holding companies WPP and Publicis in forming its own venture capital arm , Mediabrands Venture Fund. IPG has already made some considerable new-media investments, including positions in Facebook, Spot Runner , and online marketing firm Huge . The new fund will invest in both business ideas generated inside the company, as well as outside startups:...

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September 15, 2008 - IPG ventures inward for innovation

Click here for wireless version: http://r.smartbrief.com/resp/mqoYpOlSfhmAqPCibSlOuuhq September 15, 2008 News for the advertising, media, and marcom industries Top Story IPG ventures inward for innovation Interpublic Group's Mediabrands is launching a fund designed to underwrite entrepreneurial ventures, with ideas coming from IPG's global work force. Mediabrands global CFO Tara Comonte will act as...

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IPG Joins Rival Ad Companies In Setting Up Its Own Venture Capital Capital Arm

Over the past year, ad holding companies WPP Group and Publicis Groupe have increased their venture capital activity as opposed to buying smaller firms outright. Now, rival ad company Interpublic Group wants to do the same and has formed Mediabrands Venture Fund, Mediapost reported . The company will be taking a general look at buying stakes in media and marketing services startups, with a particular...

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September 11, 2008 - Chevy brand poised for relaunch

Click here for wireless version: http://r.smartbrief.com/resp/mpbEpOlSfhmjtZCibSlOPpIo September 11, 2008 News for the advertising, media, and marcom industries Top Story Chevy brand poised for relaunch Dennis Lim, the new creative director for Chevrolet at Interpublic Group's Campbell-Ewald, in Warren, Mich., intends to collaborate closely with General Motors' flagship brand to develop a cohesive...

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OpenPages Selected By interpublic

OpenPages®, ttoday announced that Interpublic Group (IPG), an organization of advertising agencies and marketing services companies, has selected OPENPAGES® FCM(SM) for its Sarbanes-Oxley compliance programs. IPG chose OpenPages FCM given the flexibility and configurability of the solution which provides a streamlined and sustainable approach to IPG's continued compliance with Sarbanes-Oxley. OpenPages...

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OpenPages: Interpublic Group Selects OpenPages FCM Software for Sarbanes-Oxley Compliance

WALTHAM, MA (MARKET WIRE) OpenPages(R), the leading provider of enterprise GRC management solutions that optimize business performance, today announced that Interpublic Group (IPG), one of the world's leading organizations of advertising agencies and marketing services companies, has selected OPENPAGES(R) FCM(SM) for its Sarbanes-Oxley compliance programs. IPG chose OpenPages FCM given the flexibility...

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Wall Street Journal looking for new advertising agency

Andrew McMains of Adweek writes that there are five advertising agencies vying to produce the next ad campaign for The Wall Street Journal. McMains writes, “Sources identified the shops as Publicis Groupe’s Publicis in New York, Interpublic Group units Deutsch in New York and Mullen in Wenham, Mass., and independents mcgarrybowen in New York and Trahan [...]

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News: Welcoming HUGE to IPG

IPG announced that they are acquiring a strategic interest in online business creator HUGE. It's with a great deal of pleasure that we welcome HUGE to the Interpublic Group family. We are big fans of their award-winning cutting edge websites for clients such as Ikea, JetBlue, and Scholastic among many others. Like HUGE,

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Interpublic To Bolster Flagging Earnings With Digi Investments

ADOTAS – Advertising and marketing Interpublic Group is padding out its digital assets with a stake in HUGE, an interactive shop that builds and develops transactional Web sites for clients like JetBlue, IKEA and Time Warner Music Group. Terms of the deal weren’t disclosed. Interpublic also said it was upping its stake in marketing service company Middle East Communications Networks. Yesterday, Interpublic...

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IPG Acquires Stake In Online Marketing Firm Huge

Interpublic Group (IPG) took an u ndisclosed stake in Huge , an online marketing firm that creates Web sites for clients like Ikea, JetBlue, Nutrisystem, Scholastic and Warner Music Group. Terms of the deal, and the size of the stake, were not disclosed. Huge has 130 employees in New York, Los Angeles, Atlanta and London and says it generates "more than $3.5 billion in annual revenue." Global ad agencies...

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MBF Financial: *Revised* Analyst Reports for CB Richard Ellis Group Inc., MetLife Inc., Hanesbrands Inc., and Interpublic Group

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for CB Richard Ellis Group Inc. (NYSE: CBG), MetLife Inc. (NYSE:...

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IPG Acquires Stake In Online Marketer Huge

Ad holding company Interpublic Group has acquired a stake in online marketer Huge . Terms of the deal weren't disclosed. The two also didn't provide any details as to what the size of the "strategic interest" IPG is taking in Huge is. IPG, one of the top three global ad holding companies, has been fairly cautious in making digital purchases over the past year, in comparison to rivals like WPP Group...

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Interpublic Q2 Bests Wall Street Predictions

Interpublic Group's Q2 earnings beat Wall Street expectations by a narrow margin. Net income was $95.1 million, down 30.6 percent from the same quarter last year. Revenue gained 11.1 percent to...