Omnicom Group shares fall on decline in second-quarter revenue

Shares of Omnicom Group fell more than 3 percent Wednesday morning after the holding company reported worldwide revenue dropped 3.6 percent to $3.7 billion in the second quarter of 2019, from $3.9 billion for the same period last year.Omnicom CEO John Wren blamed the decline in revenue on negative impacts from foreign exchange rates and “acquisitions net of dispositions,” on an earnings call.The group’s earnings of $1.68 a share for the second quarter were b