Account
Omnicom Group Inc.'s (OMC) first-quarter profit was essentially flat, creeping up 0.2% as the advertising company reported a small uptick in revenue.Omnicom, the world's second-largest advertising holding company by revenue behind WPP PLC (WPP.LN), has seen its top line grow in recent years, boosted by a string of acquisitions in digital media and emerging markets. The company, which owns the BBDO Worldwide and DDB Worldwide agencies, operates in more than 100 countries and has more than 5,000 clients.For the latest period, Omnicom reported a profit of $205.1 million, or 76 cents a share, up from $204.6 million, or 72 cents, a year earlier. Revenue rose 2.8% to $3.4 billion.Analysts polled by Thomson Reuters recently forecast earnings of 75 cents a share on revenue of $3.4 billion.Operating margin edged down to 10.9% from 11%.Domestic revenue increased 4.2% to $1.79 billion, and international revenue climbed 1.2% to $1.61 billion.Shares closed Wednesday at $59.26 and were inactive prem...
France's Publicis Groupe SA (PUBGY, PUB.FR) Friday became the latest global ad agency to feel the pain of panicked clients in the euro zone sharply cutting advertisi...
WPP PLC (WPP.LN), the world's largest advertising company, cut its full-year outlook for a second time in three months Thursday, warning of further slowdown in ad ma...
WPP PLC (WPP.LN), the world's biggest advertising company, Thursday cut its revenue forecast for 2012 complaining of slowing revenue growth in the U.S. and parts of ...
Public relations company Fleishman Hillard will join with GMR Marketing to acquire Amos Content Group and create a joint venture called Freshwire, the New York Times...
These stocks are up on high volume today:Apple (NASDAQ:AAPL) saw its price spike on above-average volume today, as 15.7 million shares, which is 1.6 times the stock'...
Here are five stocks that set 52-week highs:The share price of Apple (NASDAQ:AAPL) rose today, reaching and then surpassing its previous 52-week high of $644. The st...
Companies led by tobacco company Altria Group (MO) flooded the U.S. investment-grade corporate-bond market Monday, seeking to borrow more than $9 billion as last wee...
Omnicom Group's (NYSE:OMC) net income rose in the second quarter.Earnings and Revenue The company experienced stronger-than-expected EPS and revenues. The company re...
Omnicom Group Inc., the New York advertising and communications group, reported on Tuesday that second-quarter net income rose 1.5% on 2.1% higher revenue. Earnings ...
There are a few stocks that are up on high volume today:Monsanto (NYSE:MON) was up on high volume today, after trading at a volume of 4.7 million, or 1.6 times its a...
For the last five quarters, Omnicom Group (NYSE:OMC) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnin...
Omnicom Group Inc. said on Tuesday that its first-quarter profit rose to $226 million, or 72 cents a share, compared to $217 mln, or 69 cents a share a year ago. Rev...
American International Group Inc. (AIG), Bank of New York Mellon Corp. (BK) and U.S. Bancorp (USB) will disclose racial and gender information about their U.S. workf...
General Motors Co's Chevrolet brand is consolidating its global advertising, undoing a partnership created a year ago between Interpublic Group's McCann Worldgroup a...
General Motors Co. (GM) confirmed Thursday the advertising agency responsible for its critical Chevrolet brand will restructure and end its work Omnicom Group Inc.'s...
Advertising giant WPP PLC (WPP.LN) Friday warned that marketers look set to remain cautious in their spending on advertising throughout the year even though the toug...
Publicis Groupe SA (PUB.FR, PUBGY) Thursday said it is counting on its digital push to improve its organic revenue growth and margin in 2013, even as the French ad f...
Omnicom Group Inc.'s (OMC) fourth-quarter profit rose 13% as the advertising company posted stronger domestic growth, though its international business shrank slight...
Corporate treasurers laid in extra cash reserves as the devastating storm Sandy approached the U.S. East Coast, to ensure they could meet payrolls, buy inventory and...
