Omnicom Group Inc


  • The nation's largest drugstore chain, based in Illinois, is under pressure from some of its shareholders to do a deal known as a tax inversion with Alliance Boots Holdings Ltd that would shift Walgreen's tax domicile overseas.

  • Cramer: After failed courtship, second marriage? Tuesday, 10 Jun 2014 | 6:31 PM ET

    Oftentimes a failed courtship works out for the best. That's true in life and it's particularly true in the market.

  • LONDON, June 9- Nothing about the narrow cream-coloured lobby at 160 Aldersgate Street in the City of London financial district gives a hint of its role at the centre of the offshore oil industry. In 2012, Rowan, which has a market value of $4 billion, shifted its legal and tax base from the United States to Britain.

  • *Cayman Islands, Bermuda common sites of shell companies. "Many large, U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens- countries with minimal or no taxes," said Citizens for Tax Justice and U.S. Public Interest Research Group.

  • *Weir dropped bid for Metso this week. *Omnicom and Publicis cancelled merger plan. LONDON, May 30- Investors looking for big merger-driven gains on Europe's stock markets this year are having to temper their expectations after a number of multi-billion euro deals have fizzled out.

  • UPDATE 1-Omnicom, Twitter sign $230 mln mobile ad deal Tuesday, 27 May 2014 | 3:19 PM ET

    May 27- Omnicom Group Inc's media services division signed a deal worth $230 million with Twitter Inc that will integrate Omnicom's automated ad buying unit Accuen with Twitter's mobile ad exchange MoPub.

  • Omnicom, Twitter sign $230 mln mobile ad deal Tuesday, 27 May 2014 | 1:33 PM ET

    May 27- Omnicom Group Inc's media services division signed a deal worth $230 million with Twitter Inc that will integrate Omnicom's automated ad buying unit Accuen with Twitter's mobile ad exchange MoPub.

  • Midday movers: Hillshire, BofA, AmEx & more Tuesday, 27 May 2014 | 12:25 PM ET

    Take a look at some of Tuesday's midday movers:

  • Corporations shouldn’t dodge taxes: Rep. Levin Wednesday, 21 May 2014 | 6:18 PM ET
    Rep. Sander Levin, D-Mich.

    Corporations should not be able to dodge taxes by moving oversees, Rep. Sander Levin, D-Mich., told CNBC's "Closing Bell" Wednesday.

  • WASHINGTON, May 20- Taking aim against corporate tax avoidance, Democrats in the U.S. Congress called on Tuesday for curbs on U.S. multinationals that shift tax domiciles abroad in deals known as "inversions."

  • While still rare, the deals are becoming more common, with two recently attempted transactions by Pfizer Inc and Omnicom Group Inc drawing attention to the strategy. The bill, to be introduced also in the House of Representatives, was unlikely to become law any time soon, because Congress is deadlocked on fiscal issues, policy analysts said.

  • WASHINGTON, May 19- Corporate tax-dodging deals known as inversions, in which a U.S. multinational shifts its tax domicile to a lower-tax country, would be restricted under legislation to be proposed in both houses of Congress by Democrats on Tuesday. Representative Sander Levin and Senator Carl Levin, brothers from Michigan, will both propose bills, aides said.

  • May 19- French advertising agency Publicis Groupe SA and Facebook Inc have struck a multi-year digital marketing deal worth hundreds of millions of dollars, according to a person familiar with the matter.

  • Facebook inks $500M ad deal with Publicis: Ad Age Monday, 19 May 2014 | 4:34 PM ET

    Publicis Groupe has won a digital marketing deal with Facebook worth about $500 million including spending, Ad Age reported Monday.

  • May 19- France's Publicis Groupe SA has won a digital marketing deal with Facebook Inc worth about $500 million including spending, website Ad Age reported citing an executive familiar with the matter.

  • NEW YORK, May 18- Mergers of equals were largely dead long before ad giant Omnicom Group Inc struck its ill-fated $35 billion deal with rival Publicis Groupe SA.

  • *Says government doesn't rule out taking a stake in Alstom. The government gave itself the power to block takeovers in "strategic" sectors on Thursday, throwing up a potential roadblock to U.S conglomerate General Electric's $16.9 billion bid for Alstom's power business.

  • NEW YORK/ LONDON May 11- The collapse of the $35 billion merger of New York- based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.

  • *Apple reportedly close to deal for Beats Electronics. Apple Inc was the biggest drag on both the benchmark S&P index and the Nasdaq 100 on news it is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear. Apple shares lost 1.2 percent to $581.

  • BUSINESS-NEWS-SCHEDULE AT 1530 GMT / 11:30 AM ET Friday, 9 May 2014 | 11:35 AM ET

    Wal-Mart should face lawsuit over alleged Mexico bribery- U.S. judge. Wal-Mart Stores Inc should face a U.S. lawsuit accusing it of defrauding shareholders by concealing suspected corruption at its Mexico operations, even after learning that a damaging media report detailing alleged bribery was being prepared, a federal judge says.