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Omnicom Group Inc (OMC.N)

OMC.N on New York Stock Exchange

75.48USD
3:33pm GMT
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Tue, Oct 16 2018

Omnicom beats on profit after digital shift, shares surge

U.S. advertising company Omnicom Group Inc topped Wall Street expectations for profit in the third quarter as it cut jobs and shifted focus toward digital marketing to better compete with Google and Facebook.

CORRECTED-UPDATE 2-Omnicom beats on profit after digital shift, shares surge

Oct 16 U.S. advertising company Omnicom Group Inc topped Wall Street expectations for profit in the third quarter as it cut jobs and shifted focus towards digital marketing to better compete with Google and Facebook.

Omnicom cuts workforce by 7,000 people

Oct 16 Omnicom Group Inc has cut its workforce by about 7,000 people, the U.S. advertising company said in a post earnings call on Tuesday.

Ad firm Omnicom's quarterly revenue slips marginally

Oct 16 U.S. advertising company Omnicom Group Inc's quarterly revenue fell marginally on Tuesday weighed by a strong dollar.

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