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Omnicom Group Inc

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  • 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...

  • 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...

  • 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,...

  • LONDON, Oct 31- Martin Sorrell's advertising group WPP posted a lower than expected 3 percent rise in third-quarter like-for-like net sales on Friday due to growing concerns over geopolitical tensions and a slowdown in the global economy. WPP, which has been growing steadily through the year due to its broad geographic reach and strong presence in digital...

  • The world's biggest eyewear maker last week announced that veteran Procter& Gamble manager Adil Mehboob-Khan would be chief executive together with longtime Luxottica manager Massimo Vian. The departures undermined Luxottica's reputation as one of the rare family-owned European companies that had successfully handed management to independent...

  • Publicis counts Omnicom costs as Q3 disappoints Thursday, 23 Oct 2014 | 1:56 AM ET

    French advertising group said sales were disappointing, blaming its focus on "other plans" - a reference to the failed merger with Omnicom.

  • Oct 22- Advertising company Interpublic Group of Cos Inc reported quarterly revenue above analysts' expectations, helped by higher ad spending by U.S. businesses. Interpublic, whose clients include General Motors Co, Unilever Plc and Johnson& Johnson, reported organic revenue growth of 6.3 percent in the third quarter ended Sept 30. Interpublic, home to...

  • Midday movers: FedEx, KB Home, Waters & more Tuesday, 21 Oct 2014 | 1:09 PM ET

    Some of Tuesday's midday movers:

  • Oct 21- Omnicom Group Inc said it was on track to exceed its full-year organic revenue growth target, thanks to increased advertising by U.S. businesses. Omnicom, whose $35 billion merger with France's Publicis Groupe SA was called off in May, forecast full-year organic revenue growth of around 4 percent in February. Omnicom's clients include Apple Inc,...

  • UPDATE 1-U.S. ad spending boosts Omnicom third quarter Tuesday, 21 Oct 2014 | 8:29 AM ET

    Oct 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported quarterly revenue and profit above analysts' expectations, boosted by higher ad spending in the United States. Omnicom, whose merger with France's Publicis Groupe SA was aborted in May, said revenue rose 7.4 percent to $3.75 billion in the third quarter while ad revenue rose 12.5 percent.

  • Oct 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 7.4 percent rise in quarterly revenue, boosted by higher ad spending by businesses in North America. Revenue rose to $3.75 billion in the third quarter ended Sept. 30 from $3.49 billion a year earlier. Net income available for common shareholders rose to $239.5 million, or 95 cents per share, from...

  • PARIS, Oct 2- Ad agency Publicis has kept hold of a major contract with Samsung Electronics, a person familiar with the matter said, calming worries it would lose a client analysts said brought in some 70 million euros last year. Publicis shares were down 0.8 percent at 1531 GMT on Thursday, amid losses across European markets on statements from the European...

  • Facebook launches new tools to grow advertising Monday, 29 Sep 2014 | 12:01 AM ET

    Facebook is making its big and long-anticipated move to grow its reach and take on Google in the advertising.

  • Omnicom CFO Weisenburger steps down Monday, 22 Sep 2014 | 6:02 PM ET

    Sept 22- Omnicom Group Inc, the No.1 U.S. advertising company, said Chief Financial Officer Randall Weisenburger had stepped down to return to private equity after spending more than a decade with the company.

  • Financial daily Les Echos reported on Friday that negotiations, which first began before a planned $35 billion merger of Publicis and Omnicom Group Inc was unveiled in July 2013, restarted three months ago after the Omnicom deal fell through.

  • PARIS, Aug 29- French advertising agency Havas saw organic sales growth accelerate in the second quarter to hit 8 percent compared with the same period last year, outperforming larger rivals such as Omnicom and WPP.

  • Criteo shares jump after Publicis deal speculation Friday, 29 Aug 2014 | 10:25 AM ET

    Negotiations, which first began before a planned $35 billion merger of Publicis and Omnicom Group Inc was unveiled in July 2013, restarted three months ago after the Omnicom deal fell through, financial daily Les Echos reported.

  • LONDON, Aug 26- WPP, the world's largest advertising company, said tensions between Russia and the West were likely to dampen merger and acquisition activity, prompting its clients to spend more on their brand image instead.