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Interpublic Group Of Cos., Inc. - IPG STOCK NEWS

Welcome to our dedicated news page for Interpublic Group Of Cos. (Ticker: IPG), a resource for investors and traders seeking the latest updates and insights on Interpublic Group Of Cos..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Interpublic Group Of Cos.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Interpublic Group (IPG) announced a six percent increase in the quarterly dividend on common stock from $0.31 to $0.33 per share. The company's Board of Directors also authorized a new program to repurchase up to $320 million of IPG common stock, in addition to any remaining amounts for repurchase under the program announced in 2023. The share repurchase program has no expiration date.
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-1.36%
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IPG reports total revenue of $3.0 billion in the fourth quarter and $10.9 billion for the full year 2023. Organic growth was 1.7% in the fourth quarter, while net revenue decreased by 0.1% for the full year. Adjusted diluted earnings per share were $1.18 for the fourth quarter and $2.99 for the full year. The company approved a 6% dividend increase and an additional share repurchase authorization of $320 million.
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Interpublic Group (IPG) appoints Susan Credle as its first-ever Creative Advisor, who will focus on championing talent and delivering innovative ideas for clients. Credle will also continue to serve as Chair of global integrated creative network FCB through 2024. In her new role, she will advance the culture of creativity at IPG, infuse creative perspectives into emerging offerings such as commerce and marketing technology solutions, and ensure that the holding company’s canvas for creativity includes new and emerging areas like generative AI and systemized creative at scale.
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Huge, under Interpublic Group, has announced the launch of Culture Decoder, an AI-powered tool that helps brands understand cultural trends important to their customers. The tool assesses trend relevance, size, sentiment, and momentum, providing actionable recommendations for brands. Culture Decoder is launching in the US and UK, with plans to expand to other countries and industries. It aims to provide comprehensive insights to help brands drive loyalty and growth.
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Primis has signed an exclusive partnership deal with Gamer Network until the end of 2024. This deal will see Gamer Network exclusively using the Primis video player across its entire portfolio, including internationally respected gaming news sites. The partnership has substantially scaled video consumption and added ad inventory since its inception in March 2023, leading to promising increases in revenue for both companies.
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LiveRamp (RAMP) has completed the acquisition of Habu, a data clean room software provider, solidifying its position as a leader in data collaboration. The acquisition aims to provide customers with a simple platform to measure campaigns across all walled gardens, programmatic, and media channels, while connecting data seamlessly across any cloud, warehouse, or clean room. This move is expected to establish LiveRamp as the industry-leading interoperable platform for data collaboration globally, driving further adoption of its core identity and connectivity solutions.
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Interpublic Group (IPG) announced Danny Robinson as the new CEO of The Martin Agency, succeeding Kristen Cavallo. Robinson, a 20-year industry veteran, has served as the agency's Chief Creative Officer, overseeing notable campaigns for UPS, TIAA, and Solo Stove. He has a strong track record in the DEI space and has contributed to the growth of the agency's portfolio, securing new clients such as Papa Johns, Skrewball, MiracleGro, and Sanofi North America.
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LiveRamp (RAMP) has announced that its fiscal 2024 third quarter earnings release will be issued on February 8, 2024, after the financial markets close. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. PT. Registration for the conference call is available via a provided link, with an email to be sent upon registration containing the dial-in number and access code. A live webcast of the conference call will also be accessible on the Investor Relations website. For automatic receipt of LiveRamp financial news by email, subscription to email alerts on the company’s Investor Relations website is necessary.
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LiveRamp (RAMP) becomes the first company to achieve Addressable Media Identifier (AMI) certification from the Digital Advertising Alliance (DAA). This certification ensures that LiveRamp's solutions, including its Authenticated Traffic Solution and RampID, comply with the DAA's Policy Framework for Addressable Media Identifiers, demonstrating a commitment to privacy and regulatory compliance. The certification also signifies LiveRamp's leadership in adopting industry standards and its dedication to the cookieless transition in digital advertising.
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Interpublic Group (NYSE: IPG) has announced the appointment of Lisa De Bonis as the new CEO of creative consultancy Huge, succeeding Mat Baxter. De Bonis, previously the Chief Product Officer, has played a key role in Huge's transformation by leading the development of technological infrastructure and new AI-powered products. The company's positioning as a center for innovation that delivers business results is emphasized, with De Bonis bringing deep and global experience in digital marketing, consultancy, and creativity. Prior to Huge, De Bonis served as Managing Director at Accenture Interactive, driving double-digit growth across communications and technology clients. Huge has also launched results-based work for brands like M&M'S, McDonald's, and Google.
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Interpublic Group Of Cos., Inc.

NYSE:IPG

IPG Rankings

IPG Stock Data

11.53B
377.03M
0.36%
102.99%
4.68%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
US
New York

About IPG

interpublic is one of the world’s premier advertising and marketing services companies. our agency brands deliver custom marketing solutions to many of the world’s largest advertisers. we cover the spectrum of marketing disciplines and specialties, from public relations and consumer advertising, to mobile and search engine marketing. our client solutions vary from project-based activity involving one agency and its client to long-term, fully-integrated campaigns created by a group of our companies working together on behalf of a client. with offices in over 100 countries, we can operate in a single region or align work globally across all major world markets. interpublic employs approximately 48,700 marketing professionals. based in new york city, interpublic sets company-wide financial objectives and corporate strategy, directs collaborative inter-agency programs, establishes financial management and operational controls, guides personnel policy, conducts investor relations and in