IPG Posts 11% Revenue Gain

By a Wall Street Journal Staff Reporter Word Count: 338 | Companies Featured in This Article: Interpublic Group of Cos., General Motors, Microsoft, Johnson & Johnson Despite an economic slowdown, Interpublic Group of Cos.' second-quarter revenue was up 11% on higher spending by clients in Asia and the U.K. The New York ad giant, whose clients include marketers such as General Motors Corp., Microsoft Corp. and Johnson & Johnson, reported a drop in net income of 31%, to $95.1 million, or 17 cents a share, from $137 million, or 24 cents a... [read full story]