According to The Wall Street Journal, Interpublic Group of Cos. reported a 71% drop in second-quarter profit. The New York-based parent company of DraftFCB and McCann-Erickson reported earnings of $27.8 million, down from $95.1 million a year earlier. Ouch. Interestingly, the paper seems to be taking the news in stride. There's no big article, no line of questioning, tough or otherwise. Maybe it's up to the bloggers …
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