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Omnicom Group Inc

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  • 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...

  • 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.

  • Omnicom beats Street 3Q forecasts Tuesday, 21 Oct 2014 | 7:21 AM ET

    NEW YORK _ Omnicom Group Inc. on Tuesday reported third-quarter profit of $239.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. Analysts expected $3.69 billion, according to Zacks.

  • 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...

  • 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.

  • Investors lose out when companies flee US tax Monday, 18 Aug 2014 | 4:14 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Establishing a tax domicile abroad to avoid taxes is popular, but many US companies have failed to produce strong returns for investors.

  • WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

  • *Walgreen to buy remaining 55 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co said it would not use a full takeover of Europe's biggest pharmacy chain, Alliance Boots, to move its domicile overseas, following fierce criticism of such tax-cutting deals at home.

  • *Walgreen to buy remaining 45 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co won't use a full takeover of Europe's biggest pharmacy chain Alliance Boots to move its domicile overseas, it said on Wednesday, following fierce criticism of such tax-cutting deals at home.

  • Midday movers: Herbalife, Lennar, McDonald's & More Tuesday, 22 Jul 2014 | 1:07 PM ET
    Trader on the floor of the New York Stock Exchange.

    Some of Tuesday's midday movers:

  • July 22- Omnicom Group Inc, the No.1 U.S. advertising company, said it was sticking with its annual organic revenue growth target, showing little effect from its aborted $35 billion merger with France's Publicis Groupe. Omnicom shares, which have gained 9 percent since the deal fell apart in May, rose as much as 1.4 percent on Tuesday.

  • Earnings/shr $1.20 vs est $1.17. July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit as ad spending rose, particularly in the United States.

  • July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit, led by increased spending on advertising by clients.

  • July 22- Omnicom Group Inc, the largest U.S. advertising company, reported a 6.4 percent rise in quarterly revenue, led by increased spending on advertising by clients in North America.