Latest Business News: Publicis, Omnicom to Merge to Create Advertising Giant

Now watching

Next video starts in : 7 Play

Latest Business News: Publicis, Omnicom to Merge to Create Advertising Giant

Latest Business News: Publicis, Omnicom to Merge to Create Advertising Giant
Replay video
Up next

Community Season Six Trailer Premiere

Unlock your personal NFL Now stream by signing in to NFL.com

Latest Business News: Publicis, Omnicom to Merge to Create Advertising Giant

by Wochit 1:07 mins

Latest Business News: Publicis, Omnicom to Merge to Create Advertising Giant

by Wochit 1:07 mins

Publicis and Omnicom have announced-merger-plans-to-create-the-world's-biggest-advertising-group,worth $35.1 billion, a tie-up that could put pressure on rivals to do deals to keep pace. Last December's showdown over tax policy, while unpleasant, turned out to be just a minor speed bump for the U.S. stock market, which raced to record highs after Congress struck a last-minute deal on New Year's Day.But with investors already nervous about the Federal Reserve's plan to start scaling back its stimulus program, another fiscal policy standoff could be more disruptive this time around. NO major financial firm has survived a criminal indictment, and with SAC Capital Advisors facing insider trading charges, this gigantic hedge fund founded and run by Steven A. Cohen may have to unwind its portfolio. At last count, SAC Capital had roughly $14 billion under management; a little more than half belongs to Cohen

Must Watch

Community

  1. 2:56

    Community Season Six Trailer Premiere

  2. 3:05

    Community 501 - Season 5: Super Seniors

  3. 2:30

    Community 401 - Season 4: Senior Year

  4. 3:05

    Community 301 - Season 3: Junior Year

  5. 2:56

    Community 201 - Season 2: Sophomore Year

  6. 3:02

    Community 101 - Season 1: Freshman Year

Live Nation