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Stock impact report

Arthur J. Gallagher (AJG) Stock Trades Up, Here Is Why [Yahoo! Finance]

Arthur J. Gallagher & Co. (AJG) 
Last arthur j. gallagher & co. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ajg.com/investor-overview
Company Research Source: Yahoo! Finance
announced it had acquired Brisbane, Queensland-based International Insurance Brokers Pty Ltd. The financial terms of the deal were not made public. International Insurance Brokers provides retail brokerage services in Australia, with a focus on property coverage for non-profit organizations. According to J. Patrick Gallagher, Jr., the company's Chairman and CEO, the purchase "brings strong niche expertise and expands our retail brokerage capabilities in Australia." The acquisition signaled a move to strengthen the company's footprint in the region. After the initial pop the shares cooled down to $215.22, up 3.9% from previous close. Is now the time to buy Arthur J. Gallagher? Access our full analysis report here, it's free What Is The Market Telling Us Arthur J. Gallagher's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be somet Show less Read more
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