The Interpublic Group of Companies Inc (NYSE:IPG) recently announced a strategic investment in ADstruc, a buying platform company for Out-of-Home (OOH) media. IPG Media Lab, a part of Interpublic, initiated the agreement with ADstruc and controlled the minority investment in the company. Interpublic Group of Companies Inc (NYSE:IPG) stock opened today at $17.50and is currently trading at $17.49. The stock showed a positive weekly performance of 0.81%.
According to a Bloomberg report, advertising major Omnicom Group Inc (NYSE:OMC) recently inked an advertising deal with Facebook, Inc.’s (FB – Analyst Report) online photo-sharing service provider Instagram. Although both the company spokespersons have refused to comment on the issue, insider sources peg the deal at $50 million. Omnicom Group Inc. (NYSE:OMC) stock opened at $73.37, in current trading session and currently is at $73.14, by losing -0.07%. The 52 week range is $57.73 – $76.87. Company’s market capitalization is $18.89 billion.
Shares of Lamar Advertising (NASDAQ:LAMR) have earned a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the stock, American Banking News reports. Four equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. Lamar Advertising Co (NASDAQ:LAMR) stock is currently trading at $52.65. The EPS of the stock is 0.42. Company’s market capitalization is $4.99 billion.
Yume Inc (NASDAQ:YUME) Director Christopher Paisley purchased 10,000 shares of the company’s stock on the open market in a transaction dated Thursday, March 6th. The stock was purchased at an average price of $6.72 per share, with a total value of $67,200.00. YuMe Inc (NYSE:YUME) stock opened the session at $6.89, and now is at $7.00. The 52 week range of the stock remained $5.79 – $12.08 and the day range was $6.89 – $7.07.