Reader's Digest Takes $27M Charge
Previously it deferred and amortized certain magazine promotion costs.
The charge lowered its full-year earnings to 49 cents per share from a previously reported 66 cents.
Private equity fund Halyard Capital announced its acquisition of Harte Hanks Market Intelligence and The Aberdeen Group.
U.S. paid search spend reached its highest year-over-year growth in three years this past quarter.
Two 20-year industry veterans, including longtime AOL marketer Stephanie Dolgins, land in important new roles.