Commodity Channel Index
|Bid||134.56 x 800|
|Ask||197.60 x 1200|
|Day's Range||193.79 - 197.74|
|52 Week Range||143.93 - 238.19|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||28.64|
|Forward Dividend & Yield||1.76 (0.91%)|
|Ex-Dividend Date||Apr 30, 2020|
|1y Target Est||N/A|
Residential care communities like nursing homes and assisted-living facilities had already faced escalating prices and a dearth of insurance providers for years. Outbreaks of the novel coronavirus and a related respiratory disease called COVID-19 in such centers only exacerbated the problem. "It was already on an upward trajectory but COVID accelerated it," Deepa Desai, who heads insurance broker Aon Plc's healthcare practice, said about rates.
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what was a grim assessment of the state of affairs some six months after the first cases were reported in China.
Aon PLC said Tuesday it will end the previously announced salary reductions of up to 20%, effective July 1. The consulting company said it plans to repay employees in full, plus 5% of the withheld salary amounts. Aon said it continues to expect no jobs will be lost as a result of the COVID-19 pandemic. The company said the decision to end salary reductions is unrelated to any near-term change in financial performance, but is because the expected likelihood of the worst-case economic scenario has decreased significantly. The stock, which was still inactive in premarket trading, has lost 9.6% year to date, while the S&P 500 has slipped 5.5%.
Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources told Reuters. Legionnaires' disease is a severe, sometimes-lethal form of pneumonia caused by the Legionella bacteria that builds up in pipes. "Legionella could be the deadliest waterborne illness in the U.S. and another deadly consequence of COVID," said Veronica Benzinger, environmental service group leader for insurance broker Aon PLC, referring to the illness caused by the novel coronavirus.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Shares of Aon (NYSE:AON) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 11.18% over the past year to $3.68, which beat the estimate of $3.66.Revenue of $3,219,000,000 higher by 2.42% from the same period last year, which missed the estimate of $3,300,000,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 01, 2020View more earnings on AONTime: 11:03 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.aon.com%2Fabout-aon%2Finvestor-relations%2Foverview%2Fdefault.aspx&eventid=2157334&sessionid=1&key=B7B711F294ABA949E0C5459C11E3B17E®Tag=&sourcepage=registerPrice Action 52-week high: $238.19Company's 52-week low was at $143.93Price action over last quarter: down 23.27%Company Profile Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in 120 countries around the world.See more from Benzinga * Phillips 66 Partners: Q1 Earnings Insights * Newell Brands: Q1 Earnings Insights * Hill-Rom Holdings: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Moody's affirmed the B1 instrument ratings on Tempo's first-lien senior secured debt, including a $250 million revolver and a $2.91 billion term loan, and assigned a B1 rating to a new, at least $250 million senior secured first-lien notes offering. The actions stem from increased leverage resulting from the company's plan to raise at least $250 million in incremental debt in a challenging operating environment.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Willis Towers Watson plc (WLTW) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aon Plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aon Plc. Global Credit Research- 29 Apr 2020. New York, April 29, 2020-- Moody's Investors Service has completed ...
Today we'll take a closer look at Aon Plc (NYSE:AON) from a dividend investor's perspective. Owning a strong business...
Aon PLC said Monday it was cutting salaries of its executives and most of its employees, and suspending its stock repurchase program, as it looks to preserve financial flexibility amid the COVID-19 pandemic. In a letter to employees, Chief Executive Greg Case said effective May 1, the professional services company's named executives will take a 50% salary cut, while 70% of employees will take a 20% salary reduction. The company said it has also curtailed spending on contractors and third-party vendors and has reduced discretionary expenses related to client service. Aon said it intends to preserve its dividend. The stock, which was still inactive in premarket trading, has dropped 17.2% over the past three months, while the S&P 500 has lost 12.5%.
LONDON/NEW YORK, March 31 (Reuters) - Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March, compounding a slow start to the year for dealmakers. "But the financial system is now better capitalized than in 2008 and the actions of governments and central banks will be key in determining the ability of the economy to rebound," he said.
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we publish an article with the title "Recession is Imminent: We Need A Travel Ban NOW". We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
British insurance broker Aon Plc <AON.N> has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal, according to arbitration and court documents reviewed by Reuters. The sale contract with Admix founder Cesar Antunes da Silva included a clause calling for Aon to pay him up to 150 million reais two years after the deal closure if certain revenue targets were met. Another 80 million reais were placed in an escrow account as guarantee for any problem in the deal, a common practice in M&A transactions.
The acquisition, the insurance sector's largest ever, unifies the second and third largest brokers globally into a company worth almost $80 billion, overtaking market leader Marsh & McLennan Companies Inc <MMC.N>. Aon had scrapped plans last year to pursue a merger with Willis, a day after media reports forced it to reveal it was in the early stages of considering an all-stock offer for the Irish-domiciled company. This also weighed on Aon, whose shares dropped 16% on Monday, much more than the 8% drop in Willis shares.