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Omnicom (OMC) benefits from consistency and diversity of operations and increased focus on delivering consumer-centric strategic business solutions, which drive profits.
Omnicom Group Inc. is an American global media, marketing and corporate communications holding company, headquartered in New York City. Omnicom's branded networks and specialty firms provide services in four disciplines: advertising , customer relationship management (CRM), public relations and specialty services .
The stock opened at US$18 a share, but shot up to $38 a share, making Stewart an instant billionaire. On August 6, 2002, a class action was filed against Martha Stewart Living Omnimedia, Inc. for misleading investors by issuing materially false and misleading statements, and its officers using insider information to avoid losses.
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average ). The index includes about 80 percent of the American equity market by capitalization.
The stock of Omnicom Group (NYSE:OMC, 30-year Financials) gives every indication of being modestly overvalued, according to GuruFocus Value calculation.
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