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Arthur J. Gallagher & Co. - AJG STOCK NEWS

Welcome to our dedicated news page for Arthur J. Gallagher & Co. (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Arthur J. Gallagher & Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arthur J. Gallagher & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arthur J. Gallagher & Co.'s position in the market.

Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE: AJG) has completed the acquisition of Cadence Insurance, Inc., a wholly-owned subsidiary of Cadence Bank (NYSE: CADE), making Gallagher the preferred insurance broking partner of Cadence Bank. Gallagher is a global insurance brokerage, risk management, and consulting services firm, headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.31%
Tags
acquisition
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Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE: AJG) will be hosting an informal management meeting with the investment community in New York City on December 13th. The company's operating and financial leaders will present background information and commentary on the company's business operations and financial outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
conferences
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Rhea-AI Summary
Arthur J. Gallagher & Co. (AJG) acquires Hughes Insurance Agency, Inc. in Queensbury, New York, expanding its commercial, personal, and life & health insurance services. The terms of the acquisition were not disclosed. Hughes Insurance Agency is known for its strong growth record and market expertise in the Northeastern United States. The agency will operate under Gallagher Agency Alliance, enhancing Gallagher's capabilities in the region. Gallagher is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
acquisition
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) Acquires Coverys Insurance Services, Expanding Healthcare Expertise in Michigan. The acquisition involves the assets of Coverys Insurance Services, a Michigan-based insurance broker specializing in medical malpractice and professional liability. The team will continue operations under the direction of Ryan Isaacs, Gallagher's Midwest region head. J. Patrick Gallagher, Jr., Chairman, President, and CEO, expresses excitement for the growth opportunities in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
acquisition
-
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) announced the acquisition of Edgar Insurance Brokers, a Victoria-based company specializing in commercial insurance products and services in Australia. The terms of the transaction were not disclosed. The acquisition aims to enhance Gallagher's capabilities in Australia, particularly in rural and farm, hospitality, transport, and trades sectors. Shannon Edgar and his team will continue operations under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
acquisition
-
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE: AJG) announces the acquisition of WDK Benefits, LLC, a Connecticut-based employee benefits agency. The terms of the transaction were not disclosed. WDK Benefits specializes in health and welfare for businesses throughout New England. The acquisition aims to enhance Gallagher's capabilities in the region. J. Patrick Gallagher, Jr., Chairman, President and CEO, expressed satisfaction with the alignment of cultures and expertise, welcoming John Kaufman and his team to Gallagher.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
acquisition
Rhea-AI Summary
Evans Bancorp, Inc. (EVBN) announced the sale of The Evans Agency, LLC (TEA) to Arthur J. Gallagher & Co. (AJG) for $40 million. The sale is expected to be completed in Q4 2023, with a net gain on sale of approximately $15.1 million. The transaction is financially compelling, with significant improvements in capital and tangible book value. The sale provides potential net income and earnings per share enhancements as generated capital is deployed through strategic and franchise growth initiatives over time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
-
Rhea-AI Summary
Evans Bancorp, Inc. (EVBN) announced the sale of The Evans Agency, LLC (TEA) to Arthur J. Gallagher & Co. (AJG) for $40 million. The sale is expected to be completed in Q4 2023, with a net gain on sale of approximately $15.1 million. The transaction is financially compelling, with significant improvements in capital and tangible book value. The sale provides potential net income and earnings per share enhancements as generated capital is deployed through strategic and franchise growth initiatives over time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
-
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) has signed a definitive agreement to acquire The Evans Agency, LLC, a subsidiary of Evans Bancorp, Inc. The acquisition is expected to close in Q4 2023. The Evans Agency is a commercial property/casualty insurance broker with expertise in public entity and scholastic services, operating in Western New York. The agency also offers personal lines and employee benefits services. This acquisition is expected to enhance Gallagher's capabilities in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
acquisition
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) has signed a definitive agreement to acquire The Evans Agency, LLC, a subsidiary of Evans Bancorp, Inc. The acquisition is expected to close in Q4 2023. The Evans Agency is a commercial property/casualty insurance broker with expertise in public entity and scholastic services, operating in Western New York. The agency also offers personal lines and employee benefits services. This acquisition is expected to enhance Gallagher's capabilities in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
acquisition
Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

AJG Stock Data

54.58B
213.78M
1.14%
87.01%
1.03%
Insurance Agencies and Brokerages
Finance and Insurance
Link
US
New York

About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate