The Interpublic Group of Companies narrowed its second-quarter net loss versus last year. The company reported a net loss of $5.4 million, compared to a loss of $13.5 million during the same period
last year. Revenue for the quarter rose 3 percent to $1.54 billion.
IPG's results for the second quarter include a charge of $80 million related to the termination of its contract with Formula
One Administration Ltd.