Marsh & McLennan (MMC) Offering Possible 6.38% Return Over the Next 35 Calendar Days

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Marsh & McLennan’s most recent trend suggests a bullish bias. One trading opportunity on Marsh & McLennan is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 6.38% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $110.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Marsh & McLennan is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Marsh & McLennan is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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LATEST NEWS for Marsh & McLennan

Aon’s EU concessions for $30 bln Willis bid may not be enough – sources
Tue, 13 Apr 2021 17:50:40 +0000
Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday. Aon is looking to the acquisition to create the world’s largest insurance broker ahead of Marsh & McLennan Companies Inc as the industry grapples with rising claims and new challenges from the COVID-19 pandemic and climate change. Last Friday, the London-headquartered company submitted concessions to the European Union’s competition watchdog, which did not disclose details in line with its policy.

UPDATE 2-Aon, seeking EU nod on $30 bln Willis bid, offers to sell assets -source
Mon, 12 Apr 2021 11:37:58 +0000
Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis Towers Watson to gain EU antitrust approval for its $30 billion acquisition bid, a person familiar with the matter said on Monday. Aon, which clinched the deal a year ago to create the world’s largest insurance broker ahead of Marsh & McLennan Companies Inc, submitted concessions to the European Union’s competition watchdog last Friday, an EU filing showed.

Arthur J. Gallagher (AJG) Buys Parisco, Boosts Marine Service
Thu, 08 Apr 2021 13:14:01 +0000
Arthur J. Gallagher (AJG) acquires Parisco AS to enhance its capabilities across marine, energy and renewables sectors.

Marsh & McLennan Companies, Inc. — Moody’s announces completion of a periodic review of ratings of Marsh & McLennan Companies, Inc.
Wed, 07 Apr 2021 14:29:12 +0000
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Marsh & McLennan Companies, Inc.Global Credit Research – 07 Apr 2021New York, April 07, 2021 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Marsh & McLennan Companies, Inc. (“MMC”) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 1 April 2021 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.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

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Wed, 07 Apr 2021 13:30:00 +0000
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