StockCall Scrutinizes Interpublic Group of Companies, Focus Media, Monster Worldwide, Omnicom, and Lamar Advertising
LONDON, April 4, 2013 /PRNewswire/ --
Advertising agencies faced significant challenges following the global economic recession in 2009 as businesses scaled back their advertising budgets. Notwithstanding Wednesday's weak U.S. economic data, the outlook for global economy has improved significantly since the start of this year. As a result, businesses could boost their advertising spending, which augurs well for companies such as Interpublic Group of Companies Inc. (NYSE: IPG), Focus Media Holding Limited (NASDAQ: FMCN), Monster Worldwide Inc. (NYSE: MWW), Omnicom Group Inc. (NYSE: OMC), and Lamar Advertising Co. (NASDAQ: LAMR). Advertising companies are also shifting their focus to mobile, which is seen by many as the future of advertising. On Wednesday, shares of all five companies fell, tracking losses in the broad market. StockCall reviewed the Advertising Agencies industry and chose IPG, FMCN, MWW, OMC, and LAMR for its technical coverage. These free reports can be seen for free at
Shares of Interpublic Group of Companies Inc. edged lower on Wednesday; however, the losses were limited. The stock closed 0.54% lower at $12.93 after touching an intra-day low of $12.86. The company's shares have traded sideways over the past few weeks after the stock rallied in the first two months of 2013. The stock has been struggling to break through $13.25 resistance level. The stock's MACD chart is currently giving bearish signals. Download the free research on IPG by signing up now at
Shares of Focus Media Holding Limited also ended marginally lower in yesterday's trading session. The stock ended the day 0.45% lower at $26.60 after touching an intra-day low of $26.56. Focus Media shares are currently trading close to their 52-week high of $26.90. Year-to-date, the stock has gained just a little over 3.60%. The company's shares have been trading sideways since last week. The stock's MACD chart suggests that market sentiment has turned bearish. Register for today's free analysis on FMCN at
Shares of Monster Worldwide Inc. fell sharply on Wednesday, touching a 52-week low. The stock ended the day 1.28% lower at $4.61 after touching a 52-week low of $4.54. The company's shares have struggled this week, falling more than 9%. The stock has seen a series of lows in the last few trading sessions, which is a bearish signal. The stock's MACD has also crossed below the signal line, and is also below the zero-line, further confirming the negative trend. Free report on MWW can be accessed by registering at
Omnicom Group Inc.'s shares fell yesterday; however, the losses were marginal. The stock closed 0.46% lower at $59 after touching an intra-day low of $58.65. Omnicom's shares have had an excellent run in 2013, gaining nearly 19%. The stock rallied in the first two months of 2013, however, since March it has traded in a tight range. The company's shares have been struggling to break through $60 resistance level. Register with StockCall and download the research on OMC for free at
Lamar Advertising Co.'s shares fell sharply on Wednesday, extending their losses for the week. The stock ended the day 2.76% lower at $46.87, taking its losses for the week to over 3.50%. Despite the pullback this week, Lamar's shares are trading close to their 52-week high of $48.87. The stock has gained nearly 21% so far in 2013, outperforming the broad market. Read the full free research on LAMR by signing up to StockCall at
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