CORRECTED-Interpublic revenue rises on higher ad spending (July 18)
(Corrects paragraph 2 of July 18 story to say agency name is FCB, not Draftfcb)
July 18 (Reuters) - Advertising company Interpublic Group of Cos Inc reported a 5.4 percent rise in quarterly revenue, boosted by a strengthening international market and higher ad spending in the United States.
Interpublic, whose agencies include McCann Erickson and FCB, said revenue rose to $1.85 billion in the second quarter ended June 30, from $1.76 billion a year earlier.
Net income available to common stockholders rose to $99.4 million, or 23 cents per share, from $79.9 million, or 18 cents per share.
Excluding items, the company earned 25 cents per share. (Reporting by Abhirup Roy in Bangalore; Editing by Maju Samuel)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.