GO
Loading...

Omnicom Group Inc

More

  • US STOCKS-Wall St mixed as earnings offset merger news Tuesday, 21 Apr 2015 | 11:58 AM ET

    Travelers, DuPont and IBM weighed the most on the Dow industrials. IBM also mentioned currency effects when it reported a fall in revenue late on Monday. Dupont was down 2.6 percent at $70.92 and IBM fell 1 percent to $164.41.

  • April 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported its first fall in quarterly revenue in four years and said the strong dollar would reduce 2015 revenue more than it had expected. Omnicom, which gets nearly half its revenue from outside the United States, had earlier warned that the dollar's strength would hurt full-year revenue by about 5...

  • April 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported its first fall in quarterly revenue after four years, hurt by a strong dollar and stiff competition in overseas markets. Omnicom, which gets a little less than half of its revenue from outside the United States, had warned it would be hurt by a strong dollar, which has risen about 9 against a basket...

  • Omnicom beats 1Q profit forecasts Tuesday, 21 Apr 2015 | 7:21 AM ET

    NEW YORK _ Omnicom Group Inc. on Tuesday reported first-quarter profit of $206.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. Omnicom shares have increased 0.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2 percent.

  • US STOCKS-Futures up as weak earnings worries fade Tuesday, 21 Apr 2015 | 7:18 AM ET

    April 21- U.S. stock index futures rose on Tuesday after earnings results by companies including IBM helped ease fears of a disappointing earnings quarter. *IBM shares were up 0.7 percent at $167.25 in premarket trading after its earnings exceeded low expectations on Monday as it shed unprofitable businesses to focus on cloud-computing.

  • April 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 0.9 percent fall in quarterly revenue, hurt by stiff competition in overseas markets. Omnicom, owner of agencies such as BBDO Worldwide, TBWA Worldwide and Goodby and Silverstein& Partners, said total revenue fell to $3.47 billion. Net income attributable to the company rose to $209.1 million,...

  • LONDON, March 9- WPP strengthened its position at the top of the advertising industry last year as its geographical reach and strong digital sales gave it the edge over its two closest rivals, who were distracted by a failed merger. WPP, which counts the likes of Ford, Unilever and Microsoft among its clients, reported a 3.3 percent rise in 2014 like-for-like net...

  • Feb 13- Advertising company Interpublic Group of Cos Inc's fourth-quarter revenue topped analysts' estimates, helped by higher ad spending by businesses in the United States. Interpublic's shares were up 2.3 percent in morning trading as the company also said margins were set to improve further this year after rising by about 25 percent in 2014..

  • UPDATE 1-Interpublic warns of slower growth in 2015 Friday, 13 Feb 2015 | 8:11 AM ET

    Feb 13- Advertising company Interpublic Group of Cos Inc joined larger rival Omnicom Group Inc in warning that full-year revenue would be hit by a stronger dollar and economic uncertainty in some markets. Interpublic's fourth-quarter revenue, however, topped analysts' estimates, helped by higher ad spending by U.S. businesses. About 48 percent of...

  • *CEO Levy aims to regain support after Omnicom deal failure. PARIS, Feb 12- France's Publicis promised business would pick up in the second half of this year as the advertising agency recovered from a tough 2014 marred by a failed mega-merger with U.S. peer Omnicom. Publicis Chief Executive Maurice Levy is trying to win back investor support after the agency's...

  • Feb 10- Omnicom Group Inc, the No. 1 U.S. advertising company, warned that a strong dollar would hit revenue this year and issued a cautious forecast for organic growth. Omnicom, home to advertising agencies BBDO Worldwide, DDB Worldwide and TBWA 1/ 4 Worldwide, gets a little less than half of its revenue from outside the United States. Omnicom, whose clients include...

  • Feb 10- Omnicom Group Inc, the No. 1 U.S. advertising company, reported better-than-expected quarterly revenue, boosted by higher ad spending by consumer goods companies in the United States and United Kingdom. Omnicom, which counts Apple Inc, McDonald's Corp and Adidas AG among its clients, reported organic revenue growth of 5.9 percent in the fourth quarter...

  • Omnicom revenue rises due to higher U.S. ad spending Tuesday, 10 Feb 2015 | 7:10 AM ET

    Feb 10- Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 3.4 percent rise in quarterly revenue, helped by higher ad spending by businesses in North America. Revenue rose to $4.195 billion in the fourth quarter ended Dec. 31 from $4.06 billion a year earlier. Net income available for common shareholders rose to $323.9 million, or $1.30 per share, from...

  • WPP'S Sorrell eyes higher dividend payout ratio Wednesday, 19 Nov 2014 | 7:21 AM ET

    BARCELONA, Nov 19- WPP Chief Executive Martin Sorrell said on Wednesday he would like, as a large shareholder, to see the payout ratio for the advertising group's dividend increase to 50 percent from the current target of 45 percent. "From my point of view as a significant shareholder in WPP, with most of my net worth being tied up in the company, personally I would like...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and Internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • Will Friday‚Äôs rally continue on Wall Street? Monday, 3 Nov 2014 | 5:17 AM ET

    Wall Street looked to fall at the open on Monday, as disappointing European and Chinese data hit global market sentiment.

  • PARIS, Nov 3- Publicis, the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. For Publicis Chief Executive Maurice Levy, the deal is part of a push to revitalise the group at a time when its quarterly top-line growth...

  • WPP CEO: We won most of our new business from rivals Friday, 31 Oct 2014 | 7:46 AM ET
    Martin Sorrell

    The CEO of WPP said most of his firm's new business in the third quarter was from clients that had left rival groups Publicis and Omnicom.

  • LONDON, Oct 31- WPP Plc, the advertising group run by high-profile executive Martin Sorrell, posted a slightly lower-than-expected 3 percent quarterly sales rise, reflecting growing concerns over geopolitical tensions and a slowdown in the global economy. WPP, which has more than 179,000 staff in 111 countries, said it expected a slowdown in the fourth quarter,...