Omnicom Posts In Line Fourth Quarter; Organic Growth Target Remains Conservative
Omnicom posted quarterly results that were in line with expectations despite foreign exchange continuing to weigh on growth. The company reported strong organic growth of 3.6% in the quarter and finished 2016 with organic growth of 3.5% which is at the high end of the conservative organic growth target range of 3.0% to 3.5% for the year. Despite a strong finish to the year, management expects organic growth to be in the same 3.0% to 3.5% range in 2017. While Omnicom is the first of the Big Four ...Omnicom Group is a holding company, engaged in providing advertising, marketing and corporate communications services. The company's networks and agencies provide a range of services in the following fundamental disciplines: advertising, customer relationship management, public relations and healthcare. The company's Service offerings include, among others, advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing, digital transformation, entertainment marketing, experiential marketing, field marketing, financial/corporate business-to-business advertising, and imaging.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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