PROFILE OF THE WEEK

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Young & Rubicam's stock remained fairly stable during a busy news week. On Aug. 3, it said Chairman-CEO Peter Georgescu will step down at yearend. The next day, Y&R said second-quarter net income hit $30.6 million, up 24.9% from a year ago. Y&R and Dentsu changed the structure of their overseas joint venture. On Friday, Y&R named Graham Phillips, former chairman-CEO of Ogilvy & Mather Worldwide, as worldwide chairman-CEO of Y&R Advertising. Y&R stock ended the
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