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Profile of the Week

Published on .

Cordiant Communications Group's share price fell to 52-week lows. There was no specific adverse company news, though Cordiant said it agreed to pay $13 million to $15 million for Ireland's Gallagher & Kelly Public Relations, a record price for an Irish PR shop. In trading Friday, Cordiant closed at $15.00, off 14.77% for the week. Since Jan. 2, Cordiant shares are down 26.83%-the poorest performance among AdMarket 50 ad agency holding company stocks (excluding Internet agency MarchFirst).
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