Credit Suisse First Boston maintained a "strong buy" rating on Interpublic Group after General Motors replaced Interpublic's GM Mediaworks and LCI divisions with rival Starcom MediaVest for the
automaker's $3.2 billion domestic media business. Starcom MediaVest is a unit of Paris-based Publicis Groupe. "The bark of the GM account loss is bigger than its bite, in our opinion.
Read the whole story at Forbes.com, May 12, 2005 »