|Bid||72.88 x 500|
|Ask||72.91 x 200|
|Day's range||72.43 - 74.63|
|52-week range||71.63 - 89.66|
|PE ratio (TTM)||14.71|
|Earnings date||16 Oct 2017 - 20 Oct 2017|
|Forward Dividend & Yield||2.20 (2.95%)|
|1y target est||81.81|
Steady dividend payout and share repurchases back the long-term strategy of Omnicom (OMC) to provide attractive risk-adjusted returns to its stockholders.
Advertising agency Publicis , facing fierce new competition from the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. The world's ...
French advertising agency Publicis (PUBP.PA), facing fierce new competition with the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. The world's third-largest advertising group behind WPP (WPP.L) and Omnicom (OMC.N) said sales had risen 1.2 percent on a like-for-like basis to 2.264 billion euros ($2.67 billion). Publicis's shares slid 5.1 percent to 59.01 euros in early trading, making the stock the worst performer on France's benchmark CAC-40 index (.FCHI).
PARIS (Reuters) - Shares in Publicis (PUBP.PA) fell on Thursday after the French advertising group posted third quarter sales that came in below market forecasts. Publicis shares were down 4.5 percent ...
Back in August, advertising stocks Omnicom Group (OMC) and Interpublic Group (IPG) got whacked after WPP Group (WPPGY), the world's largest ad agency, slashed its revenue target citing a slowdown in spending by consumer companies. At the time, WPP CEO Martin Sorrell cited Amazon.com's (AMZN) growing stranglehold as among his worries. Fast forward just about two months, and things are brightening up for the beaten-down ad agencies thanks to Omnicom Group's earnings today.
On a per-share basis, the New York-based company said it had profit of $1.13. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was ...
In third-quarter 2017, Omnicom Group (OMC) is likely to report flat revenues in North America, which accounts for more than half of the total corporate revenues.
The increasing demand for Omnicom Group's (OMC) media services, speedy growth of technologies and massive proliferation of channels are likely to translate into incremental revenues in the future.
Growth in North American advertising spending in 2017 is being lifted by Canada's buoyant economy and is outpacing growth in Western and Central Europe where Britain's political and economic uncertainty has weighed, a leading forecaster said. A slowdown in Britain would drag down spending growth in Western and Central Europe to 2 percent in 2017 from 3.9 percent last year, Zenith said, adding it expected average annual growth in the region of 2.6 percent to 2019.
U.S. stocks closed lower on Wednesday as investors grappled with a threat from President Donald Trump to shut down the government if Congress fails to fund a Mexico border wall. Stocks managed to briefly pare losses after comments from U.S. House Speaker Paul Ryan calling a government shutdown unnecessary. Congress will have about 12 working days when it returns from its summer recess on Sept. 5 to raise the debt ceiling before the U.S. Treasury exhausts the last of its options to remain current on all of the federal government's obligations.
U.S. stocks remained lower on Wednesday as investors mulled President Donald Trump's threat to shut down the government if funds are not secured to build a Mexico border wall. Wall Street analysts estimate Congress has just 12 working days when it returns from its summer recess on Sept. 5 to raise the debt ceiling before the U.S. Treasury exhausts the last of its options to remain current on all of the federal government's obligations.
WPP (Frankfurt: A1J2BZ - news) , the world's largest advertising group, cut its sales target for the second time in six months on Wednesday after consumer goods giants curbed spending, putting its shares on track for their worst day in 19 years. Much of the problem stems from a move by packaged goods groups including Unilever (NYSE: UL - news) , Nestle (Swiss: NESN.VX - news) and Procter & Gamble to respond to weak growth by cutting back on advertising products such as washing powder, drinks and food. Like its rivals, WPP has also been hit by an ultra competitive environment in the United States where it lost two major contracts - VW and AT&T (Swiss: T-USD.SW - news) - meaning the group missed its first-half net sales target by some margin.
France's Publicis (Paris: FR0000130577 - news) said on Thursday it regained a little traction in the second quarter, driven by a surge in revenue in its biggest regional market, North America. The Paris-based group has gone through an internal reorganisation over the last 18 months, dubbed "The Power of One", aimed at fostering greater cooperation between its myriad agencies and is strongly backed by the newly-appointed chief executive Arthur Sadoun. Sadoun, 46, replaced company veteran Maurice Levy last month and shocked the industry by announcing Publicis would skip all major ad award events for a year to focus on the creation of a sophisticated internal network, built by Sapient, the ad firm it acquired for $3.7 billion.
Over the course of 30 years, French advertising and PR firm Publicis has achieved a lot with Maurice Levy at its helm, however, it wasn’t always smooth sailing.
France's Publicis (Paris: FR0000130577 - news) said on Thursday it suffered less than expected in the first quarter from past losses on big U.S. media accounts, prompting it to see a recovery in the second half of this year. The world's third-largest advertising group said its underlying sales dropped by 1.2 percent over the first three months of the year to 2.33 billion euros ($2.49 billion), beating a Reuters poll of a drop of 1.9 percent. "Instability continues to prevail in the international environment, causing companies to proceed with great caution despite strong balance sheets," Publicis' chief executive Maurice Levy said.
French advertising group Havas has signed a joint venture agreement with Guangdong Advertising Group as part of its moves to expand in the fast-growing Chinese market. Havas, which competes with bigger ...
WPP (Frankfurt: A1J2BZ - news) , the world's largest advertising group, cut its 2017 sales forecasts on Friday and its shares tumbled as a tough economic environment forced rivals and clients to fight over every dollar of marketing budgets. Martin Sorrell, the founder and head of the British firm, said clients seeking to drive down costs had made the advertising industry ultra competitive when bidding for new work, leading to contract losses from the likes of VW and AT&T (Sao Paolo: ATTB34.SA - news) . WPP, which employs more than 200,000 staff in 113 countries to support clients such as Ford and Unilever (NYSE: UL - news) , reported 2016 net sales growth of 3.1 percent, in line with forecasts, after winning 4.4 billion pounds of net new business.
Publicis paid a hefty price for its acquisition of ad firm Sapient on Thursday, with a 1.4 billion-euro writedown on its Publicis.Sapient arm pushing the French group to an annual loss and underlining the challenge for its new chief executive. The French advertising group paid a 44 percent premium for Sapient, a price that puzzled many investors and analysts when the $3.7 billion deal was struck two years ago after the failed attempt to merge Publicis with rival Omnicom in 2014. Thursday's total writedown of 1.44 billion euros casts a shadow over the legacy of departing CEO Maurice Levy, as the acquisition was meant to move Publicis closer to competing with companies like Accenture (NYSE: ACN - news) in digital consulting.
NEW YORK--(BUSINESSWIRE)-- @BizWireTV Featuring Blizzard Entertainment, The Container Store, CENTRIC, Comcast, Coravin, Critical Mass, Euromonitor, GEM Office Technologies, Huawei, MyHeritage and Samsung ...
Shares in France's Publicis Groupe SA fell on Thursday after underlying third-quarter sales growth stalled, undershooting forecasts, and as the company's boss expressed caution over the prospects for next ...