Wedbush Raises Price target on Omnicom Group (OMC) Following 1Q Review

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Critical Mass Invests in North American Management Team

April 19, 2016 10:00 AM EDT

Mark Ashbaugh promoted to General Manager Toronto, Connie Eggert Joins as SVP in New York

NEW YORK--(BUSINESS WIRE)-- Critical Mass, a global digital experience design agency, announced two senior-level appointments today. Mark Ashbaugh, Vice President Client Partner, has been promoted to General Manager of Critical Mass Toronto agency effective immediately. The agency also announced that Connie Eggert has joined as Senior Vice President and will be based in New York.

This Smart News Release features multimedia. View the full release here:... More

Omnicom Group Reports First Quarter 2016 Results

April 19, 2016 6:45 AM EDT

NEW YORK, April 19, 2016 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share in the first quarter of 2016 increased seven cents, or 8.4%, to $0.90 per share versus $0.83 per share during the first quarter of 2015.

Omnicom's worldwide revenue in the first quarter of 2016 increased 0.9% to $3,499.1 million from $3,469.2 million in the first quarter of 2015.  The components of the change in revenue included an increase in revenue from organic growth of 3.8%, a decrease in revenue from acquisitions, net of dispositions of 0.1% and a decrease in revenue... More