Jul 22, 2008
Story Timeline: 83 days
LONDON (MarketWatch) -- Marketing and corporate communications company Omnicom Group Inc said Tuesday that its second-quarter net income rose 11% to $307 million, or 96 cents a share, from $276.7 million, or 84 cents a share, a year earlier. Revenue for the quarter also rose 11% to $3.48 billion. Analysts polled by FactSet were expecting earnings of 96 cents a share on revenue of $3.46 billion. The group said international revenue rose 17.7%, while domestic growth was slower at 5.5% in the quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on...
[read full story]