Sep
15
Media, Marketers Take a Hit on Wall Street
Posted in: UncategorizedCHICAGO (AdAge.com) — Coke is it. That is, Coca-Cola Co., which edged up 0.5%, is the only member of the Ad Age/Bloomberg AdMarket 50 to post a gain today as the markets reacted to the news about Lehman Bros.' bankruptcy, the sale of Merrill Lynch to Bank of America and American International Group's quest for funding. The remainder of the AdMarket — an index of marketer, media and agency stocks — headed south with the overall market.
Post a Comment