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Stock Market & Financial Investment News

News Breaks
May 9, 2014
05:07 EDTOMC, PUBGYOmnicom, Publicis agree to terminate proposed merger of equals
Publicis Groupe S.A. (PUBGY) and Omnicom Group (OMC) jointly announced that they have terminated their proposed merger of equals by mutual agreement, in view of difficulties in completing the transaction within a reasonable timeframe. The parties have released each other from all obligations with respect to the proposed transaction, and no termination fees will be payable by either party. This decision was unanimously approved by the management board and the supervisory board of Publicis Groupe and the board of Omnicom.
News For OMC;PUBGY From The Last 14 Days
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January 23, 2015
08:05 EDTPUBGYPublicis extends tender offer to acquire Sapient until Feb. 5
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January 16, 2015
10:01 EDTOMCOn The Fly: Analyst Downgrade Summary
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08:36 EDTOMCOmnicom downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Omnicom to Market Perform citing a balanced risk/reward at current levels and its belief 2015 consensus estimates look too high. FBR lowered its estimates to reflect currency headwinds and dropped its price target for shares to $76 from $81.
06:16 EDTOMCOmnicom downgraded to Market Perform from Outperform at FBR Capital
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