Publishers and Advertisers Post Financial Results, Announce Leadership Changes and Launch New Features - Research Report on Omnicom, Interpublic, Scholastic, Gannett and The New York Times
NEW YORK, July 24, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Omnicom Group, Inc. (NYSE: OMC), Interpublic Group of Companies Inc. (NYSE: IPG), Scholastic Corp. (NASDAQ: SCHL), Gannett Co., Inc. (NYSE: GCI) and The New York Times Company (NYSE: NYT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Omnicom Group, Inc. Research Report
On July 16, 2013, Omnicom Group, Inc. (Omnicom) reported its Q2 2013 financial results. Omnicom posted a 6.9% YoY increase in its diluted net income per common share of $1.09. Net income increased 2.4 % YoY to $289.5 million. Worldwide revenue was $3.6 billion, reflecting a 2.1% YoY growth, while domestic revenue increased 2.4% YoY to $1.9 billion. Omnicom also posted a 1.9% YoY increase in its international revenue, earning $1.7 billion. The Full Research Report on Omnicom Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/55a8_OMC]
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Interpublic Group of Companies Inc. Research Report
On July 19, 2013, Interpublic Group of Companies Inc. (Interpublic) released its Q2 2013 results. Interpublic's Q2 2013 revenue was up 2.3% YoY to c.$1.8 billion. Interpublic also marked a 10% operating margin for Q2 2013, as compared to 10.3% in Q2 2013. Also, operating income was down 0.9% YoY to $174.8 million. Q2 2013 income before taxes was $147.9 million and the provision for income taxes was $62.0 million, compared with income before taxes of $155.1 million and a provision for taxes of $50.1 million a year ago. Commenting on these results, Michael I. Roth, Interpublic's Chairman and CEO said, "We are well positioned to support marketers in today's complex media and consumer landscape, which is reflected in our continued positive new business momentum. Our digital capabilities across the portfolio are strong, as is our presence in high-growth emerging markets at all our major networks." The Full Research Report on Interpublic Group of Companies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/94ea_IPG]
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Scholastic Corp. Research Report
On July 19, 2013, Scholastic Corp.'s (Scholastic) Vice President and Creative Director David Saylor, along with New York Times bestselling author and illustrator, Kazu Kibuishi, unveiled the new cover for Harry Potter and the Half-Blood Prince - the sixth of seven trade paperback editions at the annual Comic-Con Convention in San Diego, CA. The Company stated that the new covers are illustrated by Kibuishi. Scholastic also announced that the complete series of new books and a new boxed set will be available on August 27, 2013, as part of its 15th anniversary celebrations of the U.S. publication of Harry Potter and the Sorcerer's Stone, the original book in J.K. Rowling's best-selling Harry Potter series. The Full Research Report on Scholastic Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5056_SCHL]
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Gannett Co., Inc. Research Report
On July 17, 2013, Gannett Co., Inc. (Gannett) announced the appointment of Robert Granfeldt, Jr. as President and Publisher of the Montgomery Advertiser. Commenting on this appointment, Robert Dickey, President of US Community Publishing at Gannett said, "Throughout his career, Robert has had a proven track record of sales success. His understanding of the digital consumer, as well as his experience across multiple platforms, makes him the ideal person to lead the Montgomery Advertiser." According to Gannett, Granfeldt joins the Company after serving as Vice President of digital media at Southern Community Newspapers, Inc. Prior to that, he was the SVP for sales at News Bank, Inc. and held several executive positions with Morris Communications. He also helped found the website LubbockOnline.com and later became the Director of online services at the Lubbock Avalanche-Journal. The Full Research Report on Gannett Co., Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cc5e_GCI]
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The New York Times Company Research Report
On July 18, 2013, The New York Times Company (The New York Times) announced the launch of a new news app for Leap Motion, which delivers top news articles to users on Leap Motion Controllers. The lightweight app, developed by The New York Times Idea Lab, features a continuously updated Top News feed where articles appear in card format. Each card displays the article headline, summary and the primary corresponding image. The Company also informed that the app will feature advertising capabilities that allow brands to connect with New York Times readers using motion controlled ad units embedded as cards between articles. According to The New York Times, Leap Motion users will be able to download The New York Times app from Airspace Store, Leap Motions' app store, and The Times will be the only branded news app available to Leap Motion users at the time of the product's launch. The Full Research Report on The New York Times Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/aa95_NYT]
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SOURCE Analysts' Corner
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