I also give up on advertising agency/marketing services company, Interpublic Group. IPG is a huge company with more than 43,000 employees, according to Yahoo.
It's three years into a turn-around situation, and now (yesterday) IPG still reports losses. If after three years, the company, with all its resources, still can't stem these losses, maybe the company execs are more concerned with other things than the bottom line. That these losses continue after three years, imo, is not acceptable for a large conglomerate presumably run by professional managers.
Well, I'll cut my losses: I sold my exploratory position at the open this morning.
yahoo.reuters.com |
