Marsh & McLennan Companies, Inc. (NYSE:MMC) is experiencing varied stock market responses, from increased holdings by reputable organizations such as
JPMorgan Chase & Co., Franklin Resources Inc., and American Trust, to others like
M&T Bank Corp, United Services Automobile Association, and
Stock Yards Bank & Trust Co. selling their shares. Several analysts recommend a
'Hold' stance on MMC shares. The firm made several acquisitions, most notably
McGriff Insurance Services and
Cardano, boosting U.S. market presence and portfolio strength. This expansion led to the addition of 3,500 employees and significantly increased MMC's revenues by 6% in Q3. Other notable acquisitions include
TIH Blocker II, Inc., AmeriStar Agency, Inc., Horton Group, Inc., Perkins Insurance Agencies, and Fisher Brown Bottrell Insurance, Inc. The firm has also been focussed on strengthening its artificial intelligence (AI) solutions to transform supply chain risk management. Important personnel changes include
Carlos Rivera appointed as CEO of Marsh & McLennan Latin America and Caribbean, and
Jan Siegmund joining the company's board of directors.
Marsh Mclennan Companies MMC News Analytics from Fri, 01 Mar 2024 08:00:00 GMT to Sat, 28 Dec 2024 09:04:17 GMT -
Rating 6
- Innovation 4
- Information 6
- Rumor 2
