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December 18, 2023
"It's not what you say or what the (Fed) Chair says, it's what do they hear and what do they want to hear?" Goolsbee said in an interview with broadcaster CNBC, in reference to the response of financial markets to Fed Chair Jerome Powell's comments last week that the time frame for when rate cuts will start was beginning to "come into view." Bets that the Fed will lower its benchmark overnight interest rate at its March meeting by a quarter of a percentage poi...
December 14, 2023
The Hong Kong Monetary Authority kept its key interest rate unchanged in lockstep with the Federal Reserve, sparing businesses and homeowners from higher borrowing costs while the economy regains strength.
December 14, 2023
I Promised FOMC Fireworks
December 11, 2023
Omnicom Group Inc. (NYSE:OMC – Get Free Report) has received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The […]
December 11, 2023
Omnicom Group Inc. (NYSE:OMC – Get Free Report) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to […]
December 4, 2023
Omnicom Group Inc. (NYSE:OMC – Get Free Report) has received a consensus rating of “Hold” from the eight analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. […]
December 4, 2023
KARACHI: Pakistan OMC’s recorded sales of 1.4 million tons up 9.0 percent on month-on-month basis while Ex-Furnace...
November 30, 2023
Penserra Capital Management LLC lifted its position in Omnicom Group Inc. (NYSE:OMC – Free Report) by 115.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,290 shares of the business services provider’s stock after purchasing an additional 1,228 shares during the quarter. Penserra Capital […]
November 28, 2023
The Nifty 50 index is now trading at 20.3x FY24 and ~17.6x FY25 consensus EPS. Valuations look fair now on an FY25 basis and risk-reward is balanced, said HDFC. Its preferred sectors are large-cap banks, industrial and real estate, power, autos, pharma, OMCs, gas, and capital markets.