Evercore ISI analyst David Motemaden observed that Marsh McLennan's organic growth fell short of expectations, attributing its EMEA growth miss to Q4 lumpiness. He also noted that the US/Canada growth in its Marsh unit was impacted by fewer flood claims compared to Q4 2022.
Stoch Analytics' new CEO, Chris Stiefeling, indicates the shift to an independent software product company, Atlas, is expected to cater to the increased demand in life and retirement sector for actuarial and risk management solutions due to regulatory changes.
Marsh & McLennan's impressive ROE has been inflated by high debt levels, adding extra risk. Businesses with high ROE and low debt are typically superior. Hence, a company with similar debt but a higher ROE would be more desirable. However, current profit growth expectations in the share price should be considered too.
TRIUMPHANT RETURNS
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buffett was late into apple if any remember...if he didn't have any core snp stocks bershire ll be trailing behind snp500 for years to come
Pre-Market Stock Movers Gapping up $Capital One Financial (COF.US)$+0.12% (The financial stock rose slightly after the company posted better-than-expected earnings for the latest quarter. Capital One reported adjusted earnings of $3.52 per share, beating a Refinitiv estimate of $3.23 per share. However, its revenue missed expectations. Total deposits also decreased 2% at the end of the second quarter.) $Scholastic Corp (SCHL.US)$+9.10% ...
$Airbnb (ABNB.US)$initiated at underweight by Wells Fargo, announced target price at $99.00. $Amazon (AMZN.US)$initiated at overweight by Wells Fargo, announced targe price at $159.00. $Evotec (EVO.US)$was upgraded by Citigroup from neutral to buy. $Carrier Global (CARR.US)$was downgraded by Morgan Stanley from overweight to equal-weight, announced target price at $47.00. $QuantumScape (QS.US)$was downgraded by Wolf Research from peer perfor...
Marsh & McLennan Stock Forum
New Buys: $D.R. Horton (DHI.US)$ , $NVR Inc (NVR.US)$ , $Lennar Corp-B (LEN.B.US)$
Additions: $Capital One Financial (COF.US)$ , $Occidental Petroleum (OXY.US)$
Trims: $Chevron (CVX.US)$ , $Celanese Corp (CE.US)$ , $General Motors (GM.US)$ , $Globe Life (GL.US)$
Completely Sold: $McKesson (MCK.US)$ , $Marsh & McLennan (MMC.US)$ , $Vitesse Energy (VTS.US)$
Being an alpha investor, Buffett’s company has always exposed under the limelight, the investor community offen use Berkshire’s portfolio as a guidance to investment.
Based on latest announcement, Berkshire did the following in the portfolio for the past quarter
Sold stakes : $McKesson (MCK.US)$ $Marsh & McLennan (MMC.US)$ $Vitesse Energy (VTS.US)$
Trim stakes : 7% $Chevron (CVX.US)$ ,70% $Activision Blizzard (ATVI.US)$, 39% ...
Gapping up
$Capital One Financial (COF.US)$ +0.12%
(The financial stock rose slightly after the company posted better-than-expected earnings for the latest quarter. Capital One reported adjusted earnings of $3.52 per share, beating a Refinitiv estimate of $3.23 per share. However, its revenue missed expectations. Total deposits also decreased 2% at the end of the second quarter.)
$Scholastic Corp (SCHL.US)$ +9.10% ...
$Amazon (AMZN.US)$initiated at overweight by Wells Fargo, announced targe price at $159.00.
$Evotec (EVO.US)$was upgraded by Citigroup from neutral to buy.
$Carrier Global (CARR.US)$was downgraded by Morgan Stanley from overweight to equal-weight, announced target price at $47.00.
$QuantumScape (QS.US)$was downgraded by Wolf Research from peer perfor...
$State Street (STT.US)$ and $JB Hunt Transport Services (JBHT.US)$ will be among Monday's earnings highlights, followed by $Bank of America (BAC.US)$, $Goldman Sachs (GS.US)$, $Johnson & Johnson (JNJ.US)$, $Lockheed Martin (LMT.US)$, $Netflix (NFLX.US)$, and $United Airlines (UAL.US)$ all on Tu...
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