Mergers, Earnings Results, New Appointments, and Awards - Research Report on Omnicom, Verisk, Valassis, Constant Contact, and MAXIMUS
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NEW YORK, August 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Omnicom Group Inc. (NYSE: OMC), Verisk Analytics, Inc. (NASDAQ: VRSK), Valassis Communications, Inc. (NYSE: VCI), Constant Contact Inc. (NASDAQ: CTCT), and MAXIMUS, Inc. (NYSE: MMS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Omnicom Group Inc. Research Report
On July 28, 2013, Omnicom Group Inc. (Omnicom) and Publicis Groupe SA (Publicis Groupe) announced that they have signed a definitive agreement for an equal merger with an aim to build the world's leading company in area of communications, advertising, marketing, and digital services. Omnicom reported that the transaction is a cross-border merger under a holding company, Publicis Omnicom Group, in the Netherlands. Omnicom added that the merger is expected to be tax-free to shareholders of both the Companies and the transaction was structured such that the shareholders of both the Companies, after special dividends, will each hold approximately 50% of the equity of Publicis Omnicom Group. Company further added that Publicis Groupe shareholders will receive one newly issued ordinary share of Publicis Omnicom Group for each Publicis Groupe share they own, along with a special dividend of €1.00 per share and Omnicom shareholders will receive 0.81 newly issued ordinary shares of Publicis Omnicom Group for each Omnicom share they own, together with a special dividend of $2.00 per share. According to the release, Omnicom shareholders will also receive up to two regular quarterly dividends of $0.40 if declared and record date occurs prior to closing. According to the two Companies, the transaction is expected to close in Q4 2013 or Q1 2014, subject to the approval by the shareholders of both the Companies as along with several regulatory approvals. The Full Research Report on Omnicom Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/55a8_OMC]
Verisk Analytics, Inc. Research Report
On July 23, 2013, AIR Worldwide (AIR), a member of the Verisk Insurance Solutions group at Verisk Analytics, Inc. (Verisk), announced that the Company has appointed Bill Churney as the Chief Operating Officer. According to the Company, Churney in his new role will be responsible for all product management, software product development, global business development, marketing, consulting, and client service activities. According to Verisk, Churney joined AIR in 2002 and, prior to the new appointment, he served as Senior Vice President of AIR's business development and marketing groups. The Full Research Report on Verisk Analytics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/54f1_VRSK]
Valassis Communications, Inc. Research Report
On July 25, 2013, Valassis Communications, Inc. (Valassis) reported its Q2 2013 financial results. Revenues decreased 8.2% YoY to $495.9 million. Net earnings were $26.8 million or $0.68 per diluted share in Q2 2013 compared to $21.7 million or $0.51 per diluted share in Q2 2012 and adjusted diluted EPS was $0.70 compared to adjusted diluted EPS of $0.76 in Q2 2012. Rob Mason, Valassis President and CEO, said, "Despite a challenging first half, we remain committed and focused on improving our execution." For full-year 2013, the Company expects diluted EPS to be between $3.05 and $3.20, and adjusted EBITDA to be between $290 million and $300 million. The Full Research Report on Valassis Communications, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/091c_VCI]
Constant Contact Inc. Research Report
On July 25, 2013, Constant Contact Inc. (Constant Contact) reported its Q2 2013 financial results. Revenue increased 13.1% YoY to $70.2 million. GAAP net income was $90,000 or $0.00 per share, compared to a GAAP net loss of c.$0.5 million or $0.02 per diluted share in Q2 2012. Non-GAAP net income was $3.7 million or $0.12 per diluted share in Q2 2013, compared to non-GAAP net income of $3.3 million or $0.11 per diluted share in Q2 2012. Gail Goodman, CEO of Constant Contact, said, "Our second quarter results marked another quarter of consistent execution, as each of our primary growth drivers - new customer additions, average monthly revenue per customer (ARPU) and retention - reflected positive year-on-year trends." The Company expects full-year 2013 revenue to be between $285 million and $288 million and GAAP net income to be between $4.3 million and $5.5 million. The Full Research Report on Constant Contact Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1864_CTCT]
MAXIMUS, Inc. Research Report
On July 18, 2013, MAXIMUS, Inc. (MAXIMUS) announced that David Walker, the Company's CFO, was named CFO of the Year at Washington Business Journal Awards in McLean, Virginia. Mr. Walker received this award under the category of professional services companies. According to the Company, the awards are based on the important role that Chief Financial Officers play as the "steady hand" that guides the success of a business. Richard A. Montoni, MAXIMUS' CEO, said, "As an integral member of our senior executive committee, David is a trusted partner who helps shape the Company's long-term strategic direction, drives operational excellence, plays an active role in business development activities, and supports our merger and acquisition strategy." The Full Research Report on MAXIMUS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e02a_MMS]
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SOURCE Analysts' Corner
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