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Stock Market & Financial Investment News

News Breaks
July 22, 2014
06:19 EDTOMC, PUBGYPublicis 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
News For PUBGY;OMC From The Last 14 Days
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April 22, 2015
09:36 EDTOMCOmnicom continues to have downside to consensus estimates, says Goldman
Goldman said Omnicom reported in-line EPS of 83c but missed total revenue due to FX and acquisitions. The firm reiterated its Sell rating and continues to see downside to consensus earnings estimates due to difficult comps, high exposure to a slower growth Europe, FX headwinds, and a slowdown buybacks. Price target is $68.
April 21, 2015
07:08 EDTOMCOmnicom reports Q1 EPS 83c, consensus 82c
Reports Q1 revenue $3.47B, consensus $3.48B. Reports Q1 Domestic revenue $1.96B. Reports Q1 International revenue $1.51B. Reports Q1 organic revenue increased 4.8% in North America, 9.3% in the United Kingdom, 2.7% in the Euro Markets and Other Europe, 6.7% in Asia Pacific, 3.4% in Latin America and 10.6% in Africa/Middle East, when compared to the same quarter of 2014.
April 20, 2015
15:37 EDTOMCNotable companies reporting before tomorrow's open
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April 13, 2015
10:00 EDTOMCOn The Fly: Analyst Downgrade Summary
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06:19 EDTOMCOmnicom downgraded to Sell from Hold at Pivotal Research
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