Moody’s Investor Service (Moody’s) downgraded Lamar Advertising Co (NASDAQ:LAMR)’s $510 million Senior Unsecured Notes rating from Ba1 to Ba2 due to the proposed issuance of a new senior secured $300 Term Loan A. The new $300 million Term Loan A will not be rated by Moody’s. Lamar Advertising Co (NASDAQ:LAMR) shares after opening at $51.95 moved to $52.55 on last trade day and at the end of the day closed at $51.65. Company price to sales ratio in past twelve months was calculated as 3.93 and price to cash ratio as 147.54. Lamar Advertising Co (NASDAQ:LAMR) showed a negative weekly performance of -1.90%.
VisionChina Media Inc (ADR) (NASDAQ:VISN) one of China’s largest out-of-home digital television advertising networks on mass transportation systems, announced the renewal of an exclusive contract to continue operations of the Company’s mobile digital television advertising network in Wuhan, the capital city of China’s Hubei Province. VisionChina Media Inc (ADR) (NASDAQ:VISN) shares advanced 12.21% in last trading session and ended the day on $18.10. VISN return on equity ratio is recorded as -157.20% and its return on assets is -26.90%. VisionChina Media Inc (ADR) (NASDAQ:VISN) yearly performance is -10.71%.
The Interpublic Group of Companies (NYSE:IPG) has a PEG ratio of 1.95. Interpublic Group’s trailing-twelve-month operating margin is 9.30%. Interpublic Group of Companies Inc (NYSE:IPG) shares moved up 1.67% in last trading session and was closed at $17.04 while trading in range of $16.78 – $17.27 – Interpublic Group of Companies Inc (NYSE:IPG) year to date (YTD) performance is -3.18%.
TBWA Worldwide announced the acquisition of an advertising agency in Brazil, Mood. TBWA, an Omnicom Group Inc. (NYSE:OMC) advertising network, will take a majority share in Mood, headed by Augusto Cruz Neto. Omnicom Group Inc. (NYSE:OMC) weekly performance is 0.35%. On last trading day company shares ended up $72.31. Omnicom Group Inc. (NYSE:OMC) distance from 50-day simple moving average (SMA50) is -1.55%. Analysts mean target price for the company is $78.55.