NYSE - Nasdaq Real Time Price • USD Omnicom Group Inc. (OMC) Follow Compare 90.32 +0.16 (+0.18%) At close: December 13 at 4:00:02 PM EST 90.76 +0.44 (+0.49%) After hours: December 13 at 6:47:31 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Sorry, Mad Men. The Ad Revolution Is Here. Two advertisers are combining into a $30 billion behemoth to harness the data, tech and AI expertise now dominating Madison Avenue—and all the marketing you see. Zeta Global Soars 146% YTD: Should You Invest in the Stock Now? Given the recent upsurge in Zeta Global shares, we analyze its current position to determine whether investors should play it or let it go. Omnicom price target lowered to $99 from $110 at Wells Fargo Wells Fargo analyst Steven Cahall lowered the firm’s price target on Omnicom (OMC) to $99 from $110 and keeps an Equal Weight rating on the shares. The firm revises its Omnicom price target following the Interpublic Group (IPG) merger announcement. Its target is 10.5-times pro-forma EPS as investors wait through the deal approval and integration. Merged company top-line acceleration could potentially drive a future rerating, Wells adds. Published first on TheFly – the ultimate source for real-ti Marketers Prepare to Navigate ‘Huge Distraction’ of Omnicom’s IPG Acquisition Omnicom Group says agency leaders will remain focused on clients during the acquisition and integration of Interpublic Group. Nvidia, Other AI Stocks Are Stalling. Where to Find the Next Stars and 5 Other Things to Know Today. Luigi Mangione charged with murder of UnitedHealthcare exec, MicroStrategy continues Bitcoin spree with $2.1 billion purchase, and more news to start your day. How indie agencies could benefit as Omnicom’s mega-deal for IPG shakes up adland Analysts agree that independents, which have already started picking up more business, will receive a boon, while overall dealmaking may spike. What’s News: Business & Finance WHATS NEWS BUSINESS FINANCE Omnicom will acquire Interpublic in a deal that will create the world’s largest advertising business, the companies confirmed. China announced an antitrust probe into Nvidia a week after the U. AP Top Extended Financial Headlines at 11:37 p.m. EST The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal S&P 500 Gains and Losses Today: Hershey Stock Simmers as Mondelez Weighs Takeover The S&P 500 lost 0.6% on Monday, Dec. 9, falling from record highs as consumer inflation data is set to take the spotlight this week. These Stocks Moved the Most Today: Super Micro, Tesla, Nvidia, Palantir, AMD, AppLovin, Hershey, Comcast, and More Super Micro stock rises after the server maker is granted an extension to file its annual report, Tesla shares fall, and Nvidia declines as China begins an investigation of the chip maker on suspected violation of the country’s anti-monopoly laws. Advertising Industry To Hit $1 Trillion, Dominated By The New 'Big 5' Just five companies are set to grab more than half of global advertising revenue. The rise of Big Tech is seen behind a big ad agency merger. Omnicom to Acquire Interpublic in Deal That Will Reshape Advertising Industry Omnicom Group will acquire Interpublic Group in a deal that will create the world’s largest advertising business, the companies confirmed Monday. A combined entity would have net revenue of more than $20 billion, based on 2023 figures for each company, and include storied ad agencies such as TBWA Worldwide and McCann Worldgroup. The Wall Street Journal reported Sunday that the companies were in advanced merger talks. Omnicom aims for a Mad Men comeback with $13bn Interpublic deal John Wren, the 72-year-old boss of advertising group Omnicom, whose profile is remarkably low in a sector famed for big egos and loud voices... Top Stock Movers Now: Nvidia, Hershey, Supermicro, and More U.S. equities were down at midday, pulled lower by falling tech stocks. Omnicom to Purchase Interpublic Group in All-Stock Deal Omnicom Group (OMC) agreed to acquire Interpublic Group of Cos. (IPG) in an all-stock deal to create Top Midday Stories: China Probing Nvidia Over Potential Anti-Monopoly Law Breaches; Gallagher to Acquire AssuredPartners for $13.45 Billion All three major US stock indexes were down in late morning trading Monday, as investors look ahead t Ad Giants Clash: Interpublic Soars 10% as Omnicom Stumbles Nearly 7% After $13.25B Merger News Markets react sharply to the biggest advertising deal in history, reshaping the industry's power dynamics Interpublic Stock Soars on Omnicom Deal. Why It’s All About Meta and Google. Omnicom and Interpublic Group appear to have decided that they’d be better off together as they try to stop Big Tech giants like Alphabet and Meta Platforms from eating their lunch. The longtime rivals announced on Monday that Omnicom will buy Interpublic in a stock-for-stock transaction, creating the world’s largest advertising agency. Under the terms of the deal, Omnicom shareholders will own 60.6% of the new combined company. Omnicom to acquire ad agency Interpublic in $13B deal Global marketing giant Omnicom Group (OMC) is set to acquire advertising agency Interpublic (IPG) in a $13.25 billion all-stock deal set to close in the latter half of 2025. IPG stock surges by over 12% in Monday's pre-market trading. Seana Smith and Brad Smith report more on this M&A deal. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. 5 Things to Know Before the Stock Market Opens News of the day for Dec. 9, 2024 Performance Overview Trailing total returns as of 12/13/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return OMC S&P 500 YTD +6.73% +26.86% 1-Year +10.88% +30.31% 3-Year +41.18% +28.42%