Mother’s Day and Father’s Day Spending Habits

– Advertising industry news provided by Financial News USA (OTC: FNWU). Interpublic Group (NYSE:IPG) of Cos. Chairman and Chief Executive Michael I. Roth received compensation the advertising and marketing services provider valued at about $8.7 million in 2006, according to the company’s proxy statement Wednesday.The Associated Press calculations of total pay include executives’ salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year. i-Level Media Group Inc. (OTC BB: ILVL) recently announced that it has signed a long-term content supply agreement with MOGO, an innovative producer of short-format lifestyle video programs for the Chinese market.

The agreement will bring a series of MOGO’s entertaining and original content to viewers on the i-Level Mobile Media Network in Shanghai and, eventually, across China. For your free StocksJournal CFA report on I-level Media:

According to a survey of 1,000 consumers in the United States, commissioned by, a ValueClick, Inc. (NASDAQ:VCLK) company, and executed by Amplitude Research, 72% said they expect to buy a Mother’s Day gift and 58% said they will buy a Father’s Day gift, but the median amount spent on gifts for each parent was the same: $44. Although the proportion expecting to buy a Mother’s Day gift was similar among females (72%) and males (71%), the proportion expecting to buy a Father’s Day gift was noticeably higher among females (67% vs. 49% of males).

Marketing and corporate communications firm Omnicom Group Inc. (NYSE:OMC) on Tuesday said first-quarter net income rose to $183 million, or $1.11 a share, from $165.7 million, or 94 cents a share, in the year-ago period. Worldwide revenue rose to $2.84 billion from $2.56 billion. Domestic revenue for the first quarter rose 7.7% to $1.54 billion, while international revenue increased 14.8% to $1.3 billion.

About Financial News USA

Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online ( to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at

Share This Post

More To Explore