Omnicom beats results estimates on ad market strength

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Businesses have been dialing up their spending on ad campaigns as the economic outlook improves with steady hiring and cooling inflation. Omnicom's revenue ...

- Omnicom beat Wall Street targets for third-quarter results on Tuesday as demand for its marketing services jumped ahead of the all-important holiday shopping season.

Its net income grew 2% to $371.9 million. Excluding items, the company earned $1.86 per share, compared with expectations of $1.84. Shares of the company fell 1% in trading after the bell on Tuesday, after dropping more than 6% so far this year.Want a stellar long-term investment you can buy and hold for a decade? Keep your eye on the prize as this stock offers all that and more. The post Enbridge Stock: Keep Your Eye on the Prize appeared first on The Motley Fool Canada.

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