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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
Eastern Bankshares, Inc. has completed the sale of Eastern Bank's insurance operations, Eastern Insurance Group LLC, to Arthur J. Gallagher & Co. This allows Eastern Bank to focus on its core banking business. Eastern Insurance offers property and casualty as well as life and health insurance to individuals and businesses across all states, representing over 50 insurance carriers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
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Rhea-AI Summary
Arthur J. Gallagher & Co. has completed the acquisition of Eastern Insurance Group, LLC, a subsidiary of Eastern Bank. Gallagher is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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-
Rhea-AI Summary
Arthur J. Gallagher & Co. announces senior leadership appointments to support growth and global expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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none
Rhea-AI Summary
Arthur J. Gallagher & Co. reports financial results for Q3 2023, with strong performance in core brokerage and risk management segments. Global insurance renewal premiums up 10%. Growth opportunities ahead.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE: AJG) has declared a regular quarterly cash dividend of $0.55 per share on its Common Stock, payable on December 15, 2023. The dividend is a positive indicator for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
dividends
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Rhea-AI Summary
Cadence Bank announces the sale of its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash. The sale will allow Cadence to focus on its strategic transformation efforts and growing its core banking franchise. The transaction is financially compelling with estimated 24% tangible book value per share accretion and 160 bps improvement in CET1. The immediate net capital increase is expected to be approximately $620 million and net cash proceeds are estimated at $650 million. The sale is expected to be slightly positive to earnings per share through the use of cash proceeds to reduce wholesale borrowings. Cadence anticipates the transaction to close in the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
Rhea-AI Summary
Arthur J. Gallagher & Co. has signed an agreement to acquire Cadence Insurance, a subsidiary of Cadence Bank. The acquisition is expected to expand Gallagher's presence in the Southeast and Texas and broaden their capabilities in niche practice groups. The deal is worth $749 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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Rhea-AI Summary
Arthur J. Gallagher & Co. acquires Rosenzweig Insurance Agency, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
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Rhea-AI Summary
Arthur J. Gallagher & Co. acquires Meadowbrook Insurance Agency
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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Rhea-AI Summary
Arthur J. Gallagher & Co. acquires Clements Worldwide, an international insurance broker.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Arthur J. Gallagher & Co.

Nasdaq:AJG

AJG Rankings

AJG Stock Data

50.52B
213.78M
1.14%
86.98%
0.91%
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