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KBW Raises BRO Target To $24
Tuesday, February 8, 2011 - 9:00am | 25KBW is raising its PT on Brown & Brown, Inc. (NYSE: BRO) to $24. Brown & Brown closed Monday at $24.67.
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Marsh & McLennan Agency Acquires Hampton Roads Bonding
Monday, February 7, 2011 - 9:01am | 52Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc. (NYSE: MMC) today announced the acquisition of Hampton Roads Bonding a premier surety bonding agency for commercial, road, utility, maritime, and governmental contractors in Virginia. Terms of the transaction were...
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FOREX: Dollar Slide Halted as Risk Trends Unable to Compensate for NFP Forecasting
Wednesday, February 2, 2011 - 9:36pm | 68Heading into Thursday's active trading session, the capital markets are already entering the gravity of Friday's non-farm payrolls (NFP) report. This is a common occurrence whereby the expected volatility of the indicator discourages market participants from taking significant positions to avoid...
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Deutsche Bank Initiates Marsh McLennan with Hold (MMC)
Wednesday, February 2, 2011 - 12:43pm | 19Deutsche Bank Initiates Marsh McLennan (NYSE: MMC) with a Hold rating.
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UBS Downgrades WSH To Neutral
Monday, January 31, 2011 - 6:55am | 52Analysts at UBS downgrade Willis Group Holdings Plc (NYSE: WSH) from “buy” to “neutral.” The target price for WSH has been raised from $36 to $39. WSH shares fell 0.32% to close at $37.84 on Friday. More Analyst Ratings here
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Arthur J. Gallagher & Co. Increases Dividend by 3% to $.33
Thursday, January 27, 2011 - 4:15pm | 42Arthur J. Gallagher & Co. (NYSE: AJG) announced that its Board of Directors declared a $0.33 per share quarterly cash dividend on the company's common stock payable on April 15, 2011 to shareholders of record as of March 31, 2011.
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Options Brief: CNinsure Inc. (CISG)
Tuesday, January 25, 2011 - 10:27am | 80Shares of CNinsure Inc. (NASDAQ: CISG) are lower on the session by 0.22%, trading at $17.98. Overall put volume is now running at 2.06x the daily average, with 0% of all puts traded being purchases on the offer. 1,233 contracts have traded on the session so far. CNinsure Inc. is an independent...
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Oppenheimer Has Outperform On CNinsure Inc. (CISG)
Tuesday, January 25, 2011 - 7:20am | 162Oppenheimer & Co. has an Outperform rating on shares of CNinsure Inc. (NASDAQ: CISG) and a $23 price target. In a note to clients Oppenheimer writes, "We are initiating coverage of CNinsure, a leading Chinese insurance intermediary, with an Outperform rating and a 12- to 18-month price target...
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Oppenheimer Initiates CNinsure At Outperform
Tuesday, January 25, 2011 - 6:50am | 24Oppenheimer has initiated coverage on CNinsure, Inc. (NASDAQ: CISG) with an Outperform rating and $23 price target.
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Marsh & McLennan Companies Declares Dividend of $.21
Thursday, January 20, 2011 - 11:29am | 40The Board of Directors of Marsh & McLennan Companies, Inc. (NYSE: MMC) today declared a quarterly dividend of $.21 per share on outstanding common stock, payable on February 15, 2011 to shareholders of record on January 28, 2011.
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Brown & Brown, Inc. Announces Dividend of $.08
Wednesday, January 19, 2011 - 1:50pm | 42Brown & Brown, Inc. (NYSE: BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.08 per share. The dividend is payable on February 16, 2011 to shareholders of record on February 2, 2011.
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Arthur J. Gallagher & Co. Acquires The Gleason Agency and Gleason Financial
Monday, January 10, 2011 - 12:06pm | 55Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of The Gleason Agency, Inc. and its affiliate, Gleason Financial, Ltd., both headquartered in Johnstown, Pennsylvania. Terms of this transaction were not disclosed. This acquisition does not include Gleason Technology, Inc...
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Forex: Dollars Restrained Reaction to NFPs Shouldnt Pacify Traders to High Volatility Risk Ahead
Friday, January 7, 2011 - 10:38pm | 65While you can point out a very distinct reaction from the FX and other capital markets to Friday's non-farm payrolls (NFP) release; the net impact was far below its potential. Most market participants have become somewhat jaded by the employment statistics. Back in 2008 and 2009, consistent and...
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FOREX: What Should We Expect from NFPs and Is It Tradable?
Thursday, January 6, 2011 - 11:36pm | 86Even under normal circumstances, the US nonfarm payrolls (NFP) report is the most consistent market-moving economic indicator. Yet, we seem to be diverting sharply from ordinary with the upcoming release of the December statistics. Since Wednesday, speculation surrounding the week-end employment...
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Marsh Inc. Bags RJF Agencies - Analyst Blog
Thursday, January 6, 2011 - 4:33pm | 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...