NEW DELHI, INDIA--(Marketwire - Nov 8, 2012) - The advertising agencies industry, within which companies such as Omnicom Group Inc. and The Interpublic Group of Companies Inc. operate, turned in another mixed quarter recently, as the macroeconomic climate continued to pose challenges. Street-Wire posted its analysis on Omnicom Group Inc. (NYSE: OMC) and The Interpublic Group of Companies Inc. (NYSE: IPG), serving this industry by following this link
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3rd quarter earnings were lackluster for several industry players, including The Interpublic Group of Companies, as revenues and earnings fell in year-over-year comparisons or gained marginally. Shrinking operating margins worked against some companies, as higher expenses ate into earnings. The uneven economic recovery in the U.S. is also hurting the industry, as businesses continue to wait for a full scale recovery before committing to large-scale advertising campaigns. That being said, some companies have been seeing some improvements on the domestic front. Our financial analysis on Interpublic Group of Companies is accessible at
For companies like Omnicom with operations overseas, there have also been some hurdles. The Eurozone recovery continues to flounder, and the economies in China and Brazil could also be a concern moving forward. Currency fluctuations have also had a negative effect on select company earnings, and could continue to do so moving forward. Omnicom Group Inc. financial analysis available at
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