Marsh Mclennan Companies (MMC) has recently seen a variety of market activities. Notably,
OFI Invest Asset Management purchased 2,347 shares of
MMC, while
Assenagon Asset Management raised its stake in the company. Despite this,
Diversify Advisory Services and
M&G Plc both reduced their position in
MMC. Simultaneously,
MMC reported strong Q1 and Q2 2024 earnings, which were largely attributed to robust performance of the
Marsh unit and the
EMEA unit. On the downside, high costs are believed to pose potential threats to future earnings.
MMC appears to be on an acquisition spree, recently procuring
The Horton Group, Commodity Trading Firm, as well as the
Perkin's Insurance and
Veritas Total Solutions. Increasing its quarterly cash dividend,
MMC recently launched an AI-powered solution to innovate supply chain risk management. Directors, namely
Oscar Fanjul and
Stacy Mills, have sold large numbers of shares in the company.
Marsh Mclennan Companies MMC News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sun, 18 Aug 2024 18:35:10 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -2
