International Business News - Marsh http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Insurance brokerage Marsh & McLennan Cos. on Wednesday reported a third-quarter loss, reversing a year-ago profit when it got a boost from the sale of Putnam Investments. Its results came in below Wall Street expectations, and Marsh shares skidded more than 12 percent in afternoon trading. http://www.ibtimes.com/articles/20081105/marsh-mclennan-swings-to-3q-loss.htm Wed, 05 Nov 2008 17:03:40 EST Marsh & McLennan Cos. is scheduled to report its third-quarter results Wednesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081104/earnings-preview-marsh-mclennan-to-post-3q.htm Tue, 04 Nov 2008 07:55:56 EST Marsh & McLennan Cos. said Thursday it named Vanessa Wittman as the New York-based insurer's new chief financial officer and executive vice president. http://www.ibtimes.com/articles/20080821/marsh-mclennan-names-vanessa-wittman-as-cfo.htm Thu, 21 Aug 2008 09:44:56 EDT Among the earnings stories for Wednesday, Aug. 6, from AP Financial News: NEW YORK (AP)--Marsh & McLennan says its second-quarter earnings fell 63 percent as it took a $115 million non-cash impairment charge. http://www.ibtimes.com/articles/20080806/earnings-roundup-marsh-mclennan-transocean.htm Wed, 06 Aug 2008 10:37:12 EDT Marsh & McLennan's second-quarter profit tumbled 63 percent as it wrote down the value of its risk consulting and technology business and incurred losses in its investment portfolio, the insurance broker said Wednesday. http://www.ibtimes.com/articles/20080806/marsh-mclennan-profit-slips-on-non-cash-charge.htm Wed, 06 Aug 2008 16:28:02 EDT An analyst upgraded insurance brokerage Marsh & McLennan Cos. late Monday, citing margin expansion and a new management, among other factors. Citi Investment Research analyst Keith F. Walsh boosted his rating on the New York-based company to "Buy" from "Hold" and his price target to $33 from $30. The new target implies he expects shares to jump 23 percent above Monday's $26.84 close. http://www.ibtimes.com/articles/20080708/ahead-of-the-bell-marsh-mclennan-upgraded.htm Tue, 08 Jul 2008 07:57:37 EDT Jules B. Kroll, the founder of Marsh & McLennan Cos.'s corporate security firm Kroll, plans to retire in July, the insurance brokerage said Friday. Kroll, 67, founded Kroll Associates in 1972 as a consultant to corporate purchasing departments. The company grew to specialize in risk mitigation, forensic accounting, data recovery, employee screening and corporate risk assessment and consulting. http://www.ibtimes.com/articles/20080613/founder-of-marsh-mclennans-kroll-to-retire.htm Fri, 13 Jun 2008 11:24:18 EDT Insurance brokerage Marsh & McLennan Cos. said Monday its executive vice president and chief financial officer, Matthew Bartley, is leaving the company. http://www.ibtimes.com/articles/20080602/marsh-mclennan-cfo-matthew-bartley-stepping-down.htm Mon, 02 Jun 2008 08:25:38 EDT The president and chief executive of insurance broker Marsh & McLennan Cos. bought 40,000 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080516/marsh-mclennan-president-and-ceo-buys-shares.htm Fri, 16 May 2008 15:15:06 EDT Among the earnings stories for Wednesday, May 7, from AP Financial News: NEW YORK (AP) _ Marsh & McLennan lost money in the first quarter as the insurance broker's corporate security business suffered a fundamental deterioration in value, the company said Wednesday. http://www.ibtimes.com/articles/20080507/earnings-roundup-marsh-mclennan-crocs.htm Wed, 07 May 2008 19:00:51 EDT Among the earnings stories for Wednesday, May 7, from AP Financial News: NEW YORK (AP) _ Marsh & McLennan lost money in the first quarter as the insurance broker's corporate security business suffered a fundamental deterioration in value, the company said Wednesday. http://www.ibtimes.com/articles/20080507/earnings-roundup-marsh-mclennan-skanska.htm Wed, 07 May 2008 15:22:33 EDT Marsh & McLennan lost money in the first quarter as the insurance broker's corporate security business suffered a fundamental deterioration in value, the company said Wednesday. http://www.ibtimes.com/articles/20080507/marsh-mclennan-posts-1q-loss-as-kroll-business-loses-value.htm Wed, 07 May 2008 08:11:18 EDT Insurer Marsh & McLennan says it lost money in the first quarter after writing down goodwill related to its Kroll unit. New York-based Marsh & McLennan Companies Inc. says it lost $210 million, or 40 cents per share, on total revenue of $3.05 billion. That compares with a profit of $268 million, or 49 cents per share, on revenue of $2.81 billion a year earlier. http://www.ibtimes.com/articles/20080507/marsh-mclennan-swings-to-loss-on-kroll-write-down.htm Wed, 07 May 2008 07:00:17 EDT