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Actionable news in IPG: THE INTERPUBLIC GROUP OF COMPANIES Inc,

Interpublic (IPG) Stock Tumbles After Reporting Q2 Results

NEW YORK (TheStreet) -- Shares of Interpublic Group of Cos. (IPG) are falling 6.19% to $22.73 on heavy trading volume midday Thursday after the New York-based company reported in-line earnings, but slightly lower-than-expected revenue for the 2016 second quarter.

Before today's market open, the advertising and marketing company said revenue increased 2.2% to $1.92 billion year-over-year. Analysts were projecting revenue of $1.93 billion.

Adjusted earnings of 33 cents per share matched analysts' forecasts.

"Despite...


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