France's Publicis promised business would pick up in the second half of this year as the advertising agency recovered from a tough 2014.» Read More
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 is making its big and long-anticipated move to grow its reach and take on Google in the advertising.
Want to get in on the tax inversion action? A new 25-stock index gives investors the opportunity to invest in potential future targets.
Establishing a tax domicile abroad to avoid taxes is popular, but many US companies have failed to produce strong returns for investors.
Some of Tuesday's midday movers:
French advertising group Publicis announced a first-half fall in net profit on Tuesday and warned on its prospects for sales growth in 2014.
Oftentimes a failed courtship works out for the best. That's true in life and it's particularly true in the market.
Take a look at some of Tuesday's midday movers:
Corporations should not be able to dodge taxes by moving oversees, Rep. Sander Levin, D-Mich., told CNBC's "Closing Bell" Wednesday.
Publicis Groupe has won a digital marketing deal with Facebook worth about $500 million including spending, Ad Age reported Monday.
Publicis CEO Maurice Levy has told CNBC that the decision to call off a $35 billion merger with U.S.-based Omnicom was "an issue of principle."
U.S. stock index futures pointed to a lower open on Wall Street on Friday, ahead of first quarter results from Liberty Interactive and Ralph Lauren.
Some of the names on the move ahead of the open.
The $35 billion merger between Omnicom and Publicis has collapsed as challenges proved too immense for the partners.
Martin Sorrell, WPP Group CEO, discusses the fallout in the proposed merger between Omnicom and Publicis.
The Obama administration is focused on finding ways to curb tax-motivated reincorporations to other countries by U.S. businesses.
The shift in the “atmosphere around tax” globally is “significant” and has “hardened,” the chief executive of WPP has told CNBC.
Unforeseen tax issues have thrown the $35bn merger of Publicis and Omnicom into jeopardy, the Financial Times reports.