Marsh & McLennan Companies (MMC) has been at the heart of numerous important developments lately. Company's
Q2 2024 earnings were released, it completed a
series of acquisitions including The Horton Group to expand its operations. The firm saw its
stock hit an all-time high of $221.74. On the downside, MMC's Stock dipped after its sales and earnings missed estimates. Its unit Oliver Wyman completed the acquisition of Veritas Total Solutions and is set to acquire a pension fund manager, Cardano, to bolster its UK footprint. The company's
dividend hike led to analysts suggesting it as a buy. Despite the mixed results, the future of MMC appears to be on a solid footing, with an injection of up to $1,000,000,000 from a senior notes offering. The company is also leaving no stone unturned to
innovate and enhance its capabilities by launching an AI-powered solution for supply chain risk management.
Marsh Mclennan Companies MMC News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sun, 04 Aug 2024 23:58:44 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -5