New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
09:04 EDTOMCOmnicom acquires Chile's Media Interactive
Omnicom has acquired Media Interactive SA., a provider of integrated digital solutions across Chile, Columbia and Peru. Founded in 2001 and headquartered in Santiago, Chile, Media Interactive has approximately 100 full time staff across its three regional offices. Under the terms of the acquisition, the agency will retain the Media Interactive brand.
News For OMC From The Last 14 Days
Check below for free stories on OMC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 28, 2014
10:02 EDTOMCOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:19 EDTOMCOmnicom initiated with a Sell at Citigroup
Citigroup started shares of Omnicom with a Sell rating citing slowing organic growth and its belief margin expansion will be difficult. The firm set a $68 price target for the stock.
July 24, 2014
11:09 EDTOMCElliott to call on Interpublic to sell to rival, DealBook says
Subscribe for More Information
July 22, 2014
06:52 EDTOMCOmnicom reports Q2 EPS$1.23, consensus $1.17
Reports Q2 revenue $3.87B, consensus $3.8B. Q2 results include $1.8M of pre-tax charges in connection with the proposed merger with Publicis, which are primarily comprised of professional fees. In addition, the effective tax rate for the second quarter reflects the recognition of an income tax benefit of $11.2M related to previously incurred expenses for the proposed merger with Publicis. On May 8, the proposed merger with Publicis was terminated. Prior to the termination of the merger, the majority of the merger costs were capitalized for income tax purposes and the related tax benefits were not recorded. Because the merger was terminated, the merger costs were no longer required to be capitalized for income tax purposes. The net impact of these items on net income available to common shareholders in the second quarter was $9.2M. The impact on diluted EPS was 3c per common share.
06:19 EDTOMCPublicis says might miss FY sales growth target, WSJ reports
Maurice Levy, the CEO of Publicis, says the company may not be able to achieve its FY sales growth target of 4% or more organic revenue growth, the Wall Street Journal reports. Levy says the group's performance has been affected by teams "at times being distracted" by plans to merge with Omnicom (OMC). Publicis and Omnicom called off their proposed $35B merger in May. Reference Link
July 21, 2014
08:11 EDTOMCOmnicom's DAS Group of Companies acquires minority interest in InPress
July 17, 2014
11:00 EDTOMCHigh option volume stocks
High option volume stocks: OMC FXC TSEM JRJC MAT MTG PRAN SEAS BURL

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use