Good year for IPG

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Interpublic Group of Cos., New York, reported net income of $129.8 million, up 39% from '94. Excluding extraordinary items from both years, IPG's net rose 15%, while revenue increased 10% to $2.2 billion. IPG said net new business jumped 26% to $873 million. Interpublic includes McCann-Erickson Worldwide, Ammirati Puris Lintas, Lowe Group, Western International Media and other related companies.

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