Marsh & McLennan Companies, Inc. (NYSE:MMC) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.94% to $66.33. Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, reported that it has takeoverd Vero Insurance, a Vero Beach, Florida-based independent agency specializing in private client insurance services. Terms of the transaction were not revealed. Founded in 1960, Vero Insurance specializes in providing high net worth individuals, families, and small businesses along Florida’s Central Atlantic coast with a wide range of insurance products and services.
All of Vero Insurance’s 24 employees will join MMA and continue to operate out of the agency’s existing office under the leadership of its President Jonathan Schwiering. “Vero Insurance is a well-run and respected high-net-worth private client agency whose local talent and expertise will complement and expand MMA’s capabilities in this important section,” stated Dave Eslick, chairman and CEO of Marsh & McLennan Agency. “We welcome Jonathan Schwiering and his team to MMA.” The share price of MMC attracts active investors, as stock price of week volatility recorded 1.24%. The stock is going forward to its 52-week low with 32.68% and lagging behind from its 52-week high price with -2.94%.
Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.20% to close at $51.26 with the total traded volume of 13.73 Million shares. Over 160,000 Verizon employees want to help you connect with friends and family in the aftermath of Hurricane Matthew. Verizon is offering free wireless and wire line calling from the U.S. to Haiti to connect with family and friends.
Home wireline telephone consumers will incur no charges to Haiti from their U.S. landlines on October 4 through 7, 2016 (applicable taxes and surcharges will apply). Wireless users will incur no charges for texts or international long distance calls originating from the U.S. to Haiti on October 4 through 7, 2016 (applicable taxes and surcharges will apply).
In addition, Verizon Wireless consumers who wish to help with Hurricane Matthew Relief efforts, via mobile phone, can donate by texting 80100 with the word “MATTHEW”. Consumers will receive a text response asking them to confirm the $10 donation. By texting their billing zip code, the user agrees to the terms and conditions. Donations are collected for the benefit of the GlobalGiving—Hurricane Matthew Relief Fund. The firm has institutional ownership of 65.30%, while insider ownership included 0.01%. Its price to sales ratio ended at 1.61. VZ attains analyst recommendation of 2.70 with week performance of -2.34%.