Page 28 - Omc News Today

Market pundits were surprised Wednesday as the U.S. Federal Reserve lifted official interest rates by 0.25 percent, taking the target range to 5.00 to 5.25 percent.

Pricing of swaps were volatile during the FOMC decision, settling at a 6.3% for a quarter-point hike at the June 14th meeting Dollar weaker across the board

Omnicom Group Inc. (NYSE:OMC – Get Rating) announced a quarterly dividend on Tuesday, May 2nd, RTT News reports. Shareholders of record on Friday, June 9th will be paid a dividend of 0.70 per share by the business services provider on Friday, July 7th. This represents a $2.80 annualized dividend and a yield of 3.08%. Omnicom […]

Zevin Asset Management LLC acquired a new position in shares of Omnicom Group Inc. (NYSE:OMC – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,600 shares of the business services provider’s stock, valued at approximately $212,000. Other hedge funds and other institutional investors […]

The Fed may signal a pause but it could take a "black swan event" to drive the US central bank to start cutting rates in 2023.

Investors' sentiments across the world by and large will be influenced by the FOMC meeting outcome. It is expected that the European Central Bank (ECB) will announce its interest rate decision on May 4.

Omnicom Group Inc. (NYSE:OMC – Get Rating) CEO John Wren sold 100,000 shares of the stock in a transaction on Monday, April 24th. The shares were sold at an average price of $93.84, for a total value of $9,384,000.00. Following the completion of the transaction, the chief executive officer now owns 328,448 shares in the […]

The Japanese yen fell on Friday after the Bank of Japan (BOJ) left its ultra-easy monetary policy unchanged even as it scrapped a pledge to keep interest rates low, while the U.S. dollar was on track for a second straight monthly loss. The outcome of the new BOJ Governor Kazuo Ueda's first policy meeting was closely watched.

Omnicom Group Inc. (NYSE:OMC – Get Rating) has received a consensus rating of “Hold” from the twelve research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating on the company. The […]

Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 9MFY23 yesterday with a profit...