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Citi Gives Color On eHealth Following Earnings Disappointment
Thursday, February 17, 2011 - 9:50am | 185The midpoint of eHealth's (NASDAQ: EHTH) 2011 GAAP EPS guidance is $0.36, about 35% below the $0.57 consensus — Even after adjusting for $0.07 of 2011 earnings that were pulled into 2010, guidance is still down considerably, as eHealth's average commission rate is dropping almost 35%, from just...
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Benzinga's Top Upgrades (MMC, QCOM, HST, RIMM)
Wednesday, February 16, 2011 - 8:19am | 137Marsh & McLennan Companies Inc (NYSE: MMC) was upgraded by Barclays from "underweight" to "equal weight." MMC's shares closed at $30.23 yesterday. MMC's trailing-twelve-month revenue is $10.99 billion. CLSA upgraded QUALCOMM Incorporated (NASDAQ: QCOM) from "underperform" to "outperform." QCOM'...
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Marsh & McLennan Up 4.9% After Hitting 52-Week High (MMC)
Tuesday, February 15, 2011 - 3:09pm | 273Shares of New York, New York.-based Marsh & McLennan Companies, Inc. (NYSE: MMC) are currently up 4.9% at $30.28 per share during Tuesday afternoon trading. Today's trading range for shares of Marsh & McLennan Companies, Inc has been between $29.50 and a 52-week high of $30.83 per share....
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Options Brief: Marsh & McLennan (MMC)
Tuesday, February 15, 2011 - 10:30am | 74Shares of Marsh & McLennan (NYSE: MMC) are higher on the session by 5.78%, trading at $30.54. Overall call volume is now running at 6.31x the daily average, with 48% of all calls traded being purchases on the offer. 2,732 contracts have traded on the session so far. Marsh & McLennan...
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Citigroup Comments On MMC 4Q
Tuesday, February 15, 2011 - 9:31am | 85Citigroup is commenting on Marsh & McLennan Companies, Inc.'s (NYSE: MMC) 4Q10, with “adjusted EPS of $0.41 vs. our $0.37 and FC at $0.39 — which excludes restructuring charges of $54M ($0.07/sh), a higher 4Q10 tax rate of ~35% and no earnings impact from Kroll,” Citigroup writes. “Key takeaway...
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Brown & Brown, Inc. Announces the Asset Acquisitions
Tuesday, February 15, 2011 - 7:52am | 106J. Scott Penny, Regional President & Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO); Stephen H. "Steve" Peck, Robert S. "Bob" Golden and M. Dennis Guappone, principals of United Benefit Services Insurance Agency LLC, Stephen H. Peck & Associates, Inc., M.D. Guappone...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 7:37am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 7:32am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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Marsh & McLennan Reports Better-Than-Expected Q4 Earnings
Tuesday, February 15, 2011 - 7:16am | 56Marsh & McLennan (NYSE: MMC) reports its Q4 adjusted EPS at $0.41, beating the consensus of $0.39. MMC reports its Q4 revenue at $2.8 billion, versus the consensus of $2.74 billion. MMC shares fell 0.28% to $28.79 in after-hours trading. Read more from Benzinga's Company news.
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Top 4 Mid-Cap Stocks In The Insurance Brokers Industry With The Highest Cash (BRO, AJG, WSH, CHSI)
Tuesday, February 15, 2011 - 5:22am | 148Below are the top mid-cap insurance broker stocks on the NYSE and the NASDAQ in terms of cash. Brown & Brown Inc (NYSE: BRO) had $264.82 million in total cash for the latest quarter. Meanwhile, BRO's total debt stood at $251.76 million. Arthur J Gallagher & Co (NYSE: AJG) had $249.80...
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Keefe, Bruyette & Woods Maintains Willis Group Holdings Outperform, Raises PT To $45 (WSH)
Thursday, February 10, 2011 - 8:49am | 95Keefe, Bruyette & Woods maintained its Willis Group Holdings (NYSE: WSH) Outperform rating and raised Willis Group Holdings' price target to $45 in a research report published today. In the report, Keefe, Bruyette & Woods states, "WSH reported a ROCK of [$0.57, $0.57, $0.54, $0.57] with a...
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J.P. Morgan Leaves Willis Group Holdings $35 PT, Neutral Rating Unchanged (WSH)
Thursday, February 10, 2011 - 8:37am | 155J.P. Morgan left its Willis Group Holdings (NYSE: WSH) $35 price target and Neutral rating unchanged in a research report published today. In the report, J.P. Morgan states, "The company announced two significant items in the quarter. First, it is considering repurchasing its $500 million senior...
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J.P. Morgan Maintains National Financial Partners Neutral Rating, $15 PT (NFP)
Wednesday, February 9, 2011 - 9:12am | 111J.P. Morgan maintained its National Financial Partners (NYSE: NFP) Neutral rating and $15 price target in a research report published today. In the report, J.P. Morgan states, "Our long-term outlook for NFP is mixed, but we believe that a pickup in organic sales and resumption of acquisitions could...
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NFP Reports Q4 EPS of $.74 vs. $.58
Tuesday, February 8, 2011 - 4:23pm | 143National Financial Partners Corp. (NYSE: NFP) today reported financial results for the fourth quarter ended December 31, 2010. NFP reported fourth quarter 2010 net income of $15.3 million, or net income of $0.34 per diluted share, compared with net income of $1.9 million, or net income of $0.04 per...
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Sterne Agee Comments On Brown & Brown Following Earnings Report
Tuesday, February 8, 2011 - 10:24am | 151Brown & Brown (NYSE: BRO) reported operating EPS of $0.22. This compares to Sterne Agee's estimate and Street consensus at $0.21. The beat was driven by lower other operating expenses and lower tax rate. Total commissions and fees were up 7% versus Sterne's 8% estimate with organic decline...