Marsh & McLennan Companies(MMC)
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Why Marsh & McLennan (MMC) Might Surprise This Earnings Season
Zacks Investment Research· 2024-04-17 13:41
Investors are always looking for stocks that are poised to beat at earnings season and Marsh & McLennan Companies, Inc. (MMC) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Marsh & McLennan is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...
Will Rising Costs Hurt Marsh & McLennan's (MMC) Q1 Earnings?
Zacks Investment Research· 2024-04-15 18:21
Marsh & McLennan Companies, Inc. (MMC) is set to report its first-quarter 2024 results on Apr 18, before the closing bell.What Do the Estimates Say?The Zacks Consensus Estimate for first-quarter earnings per share (EPS) of $2.78 is indicative of a 9.9% increase from the year-ago quarter’s reported earnings of $2.53 per share. The consensus estimate for revenues is pegged at $6.4 billion, suggesting a rise of 7.6% from the year-ago quarter’s reported figure.Marsh & McLennan’s earnings beat estimates in all t ...
Marsh & McLennan (MMC) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-11 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Marsh & McLennan (MMC) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 18, 2024, might help the stock move higher if these key numbers are better than e ...
Marsh & McLennan (MMC) Unit Unveils Oliver Wyman Vector
Zacks Investment Research· 2024-04-09 17:01
Marsh & McLennan Companies, Inc.’s (MMC) business, Oliver Wyman, recently announced that it is combining its aviation brand CAVOK and SeaTec Consulting Inc. into Oliver Wyman Vector. SeaTec Consulting caters to aerospace, defense, aviation and transportation industries. The move is expected to boost Oliver Wyman’s position in the aviation space.Combining these two businesses will result in more significant synergies and deliver excellent solutions to clients in the transportation industry. Oliver Wyman Vect ...
Oliver Wyman Combines CAVOK and SeaTec Consulting Under New Name - Oliver Wyman Vector
Prnewswire· 2024-04-08 13:30
NEW YORK, April 8, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting, and a business of Marsh McLennan (NYSE:MMC) today announced the new name for the combination of legacy aviation brand CAVOK and recently acquired SeaTec Consulting Inc.. The new name for the combined businesses is Oliver Wyman Vector and will be part of the firm's broader transportation practice. "We are excited to unveil Oliver Wyman Vector at the MRO Americas conference, one of the industry's premier events," s ...
Compelling Reasons to Hold on to Marsh & McLennan (MMC) Stock
Zacks Investment Research· 2024-03-18 17:25
Marsh & McLennan Companies, Inc. (MMC) is well-poised for growth on the back of sustained revenue increase, new business growth, frequent acquisitions and a commendable financial position. Zacks Rank & Price RallyMarsh & McLennan currently carries a Zacks Rank #3 (Hold).The stock has gained 30.4% in the past year compared with the industry’s 25.6% rise. The Zacks Finance sector and the S&P 500 composite have rallied 26.4% and 29.4%, respectively, in the said time frame. Image Source: Zacks Investment Resear ...
Marsh McLennan's Mercer completes acquisition of Vanguard's US Outsourced Chief Investment Officer business
Businesswire· 2024-03-15 14:30
NEW YORK--(BUSINESS WIRE)--Mercer, a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard’s Outsourced Chief Investment Officer (OCIO) business that provides investment management services for not-for-profit organizations and other institutional investors in the United States. The acquisition, announced in December of last year, expands Mercer’s capabilities and expertise across investment solutions in the US. Commenting on ...
Corridor Platforms and Oliver Wyman Join Forces to Address Governance Challenges in New Gen AI Initiative for Financial Services: Project GGX
Businesswire· 2024-03-07 14:30
NEW YORK--(BUSINESS WIRE)--Corridor Platforms, a leading decision workflow automation platform, and Oliver Wyman, the global management consultancy, today announced a new generative AI initiative: Project GGX. Key questions that Project GGX will address are: How can GenAI be safely deployed in large complex enterprises like financial institutions? What should leading institutions consider as they evaluate how to safeguard against unintended risks and consequences resulting from generative AI? "Project G ...
C-Suite executives believe AI is key to increased productivity, yet most workforces are not ready to transform, according to Mercer's 2024 Global Talent Trends Study
Businesswire· 2024-03-06 13:30
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC), today released its 2024 Global Talent Trends Study. Drawing on insights from over 12,000 C-suite executives, HR leaders, employees and investors globally, the research reveals actions employers are taking to thrive in this new era. “This year’s findings highlight staggering shifts at work,” said Pat Tomlinson, President, Mercer. “They point to a notable divergence between the views of the C-Suite and HR on what will carry busine ...
Aptia Announces Jeff Williams as U.S. President
Businesswire· 2024-03-05 14:03
LONDON & BOSTON--(BUSINESS WIRE)--New health, benefits, and pensions administrator Aptia today announced the appointment of Jeff Williams as U.S. President and CEO. Based out of Aptia’s U.S. headquarters in Boston, Jeff will be responsible for Aptia’s benefits administration services book of business and will report directly to Bala Viswanathan, Aptia Founder & Group CEO. “We are excited to welcome Jeff to Aptia as he brings a wealth of experience and knowledge in the North American benefits administrat ...