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Marsh Inc. Bags RJF Agencies - Analyst Blog
Thursday, January 6, 2011 - 4:11pm | 607Expanding its presence in the Midwest region, Marsh & McLennan Companies Inc.'s (MMC) leading insurance brokerage wing, Marsh Inc. announced that its subsidiary, Marsh & McLennan Agency LLC (‘MMA') has acquired the largest independent insurance company – RJF Agencies Inc. However, the...
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New Willis Energy Facility Provides Additional Underwriting Capacity (WSH)
Wednesday, January 5, 2011 - 7:41am | 231Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced the creation of a new facility designed to provide additional underwriting capacity for the oil and gas industry. The facility has been created in response to requests from the industry for access to further sources of...
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Citi Has Sell Rating On eHealth (EHTH)
Wednesday, January 5, 2011 - 7:22am | 83Citi Investment Research has a Sell rating and a $10 price target on shares of eHealth (NASDAQ: EHTH). In the research note sent to investors, Citi writes, "We think eHealth will miss consensus estimates in the fourth quarter, while we think the company will also offer 2011 earnings guidance...
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Marsh Inc. Buys Trion - Analyst Blog
Thursday, December 23, 2010 - 6:03pm | 598Expanding its employee benefits coverage, yesterday, Marsh & McLennan Companies Inc.'s (MMC) leading insurance brokerage wing, Marsh Inc. announced that its subsidiary, Marsh & McLennan Agency LLC (MMA) has acquired US-based Trion Group Inc. However, the terms and value of the deal...
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Marsh Inc. Buys Trion - Analyst Blog
Thursday, December 23, 2010 - 5:30pm | 598Expanding its employee benefits coverage, yesterday, Marsh & McLennan Companies Inc.'s (MMC) leading insurance brokerage wing, Marsh Inc. announced that its subsidiary, Marsh & McLennan Agency LLC (MMA) has acquired US-based Trion Group Inc. However, the terms and value of the deal...
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Zings Of The Day (TD, BRO, HPQ, ORCL)
Tuesday, December 21, 2010 - 4:01pm | 166Brown-Forman (NYSE: BRO) is going to sell its wine unit, as the wine industry is going through some challenging times. I guess I'll drink to that, but give me some Johnny Walker, no wine. The SEC is going to probe Mark Hurd's exit from Hewlett-Packard (NYSE: HPQ). I'm pretty sure that was the...
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Arthur J. Gallagher & Co. Acquires Tribeca Strategic Advisors
Tuesday, December 21, 2010 - 11:44am | 34Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Tribeca Strategic Advisors, LLC located in Mesa, Arizona. Terms of this transaction were not disclosed.
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Arthur J. Gallagher & Co. Acquires Aviation Insurance Holdings
Monday, December 20, 2010 - 12:49pm | 35Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Aviation Insurance Holdings, Inc., headquartered in Las Vegas, Nevada. Terms of the transaction were not disclosed.
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Arthur J. Gallagher & Co. Acquires Herbruck, Alder & Company
Thursday, December 16, 2010 - 4:58pm | 33Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Herbruck, Alder & Company located in Cleveland, Ohio. Terms of the transaction were not disclosed.
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A Peek Into The Market Before The Trading Starts
Tuesday, December 14, 2010 - 8:09am | 591Pre-open movers US stock futures are mixed this morning as investors are awaiting the key retail-sales data as well as the US Federal Open Market Committee's (FOMC) decision on monetary policy. Futures for the Dow Jones Industrial Average lost 3 points to 11,363, while the S&P 500 index futures...
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Jacobs Receives $30 Million Contract From the Architect of the Capitol (JEC)
Tuesday, December 14, 2010 - 7:45am | 165Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract to provide construction management services (CMS) for the Architect of the Capitol (AOC), the federal agency responsible for the maintenance, operation, development and preservation of the United States Capitol...
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Sterne Agee Downgrades A.O. Smith Corp.
Tuesday, December 14, 2010 - 7:36am | 191Sterne Agee is downgrading A.O. Smith Corp. (NYSE: AOC) to Neutral from Buy. It has a $43 price target on shares. In a note sent to investors Sterne Agee writes, "We are downgrading AOS to Neutral from Buy as we believe that shares are likely to consolidate in the near term as AOS closes on the...
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Keefe Bruyette Upgrades WSH To Outperform
Monday, December 13, 2010 - 7:19am | 52Analysts at Keefe Bruyette upgrade Willis Group Holdings PLC (NYSE: WSH) from "market perform" to "outperform." The target price for WSH is set to $41. WSH's shares gained 2.20% to close at $33.95 on Friday More Analyst Ratings here
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CNinsure Surges 9.2% (CISG)
Friday, December 10, 2010 - 2:54pm | 120Shares of Guangzhou, China-based insurance broker and claims adjuster CNinsure Inc. (Nasdaq: CISG) are currently up 9.2% at $18.00 per share during Friday afternoon trading. The stock opened at $15.99 per share, which was well below the previous day's closing price of $16.48. However, the stock...
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eHealth Downgraded to Hold at Stifel Nicolaus
Friday, December 10, 2010 - 9:26am | 20eHealth (NASDAQ: EHTH) is downgraded from Buy to Hold at Stifel Nicolaus