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Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock?
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It has been a rather wild few weeks in the market, with the broad stock indexes experiencing the sharpest correction so far this year. Although stocks have bounced back aggressively following last week's sell off, there is still some uncertainty on the horizon.
Brown & Brown (BRO) gains from higher core commissions and fees, new business, solid retention, rate increases, strategic acquisitions, a strong financial position and effective capital deployment.
DAYTONA BEACH, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of insurance industry veteran Stephen (“Steve”) P. Hearn to Brown & Brown's board of directors.
Does Brown & Brown (BRO) have what it takes to be a top stock pick for momentum investors? Let's find out.
DAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. (“Quintes”), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required regulatory approvals for the acquisition.
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Barksdale Resources Corp. (TSXV: BRO) ("Barksdale" or the "Company") is pleased to announce the closing of the second and final tranche ("Final Tranche") of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche ("First Tranche") of the non-brokered private placement offering comprising 27,325,317 Units for gross proceeds of $4,098,798 closed on June 27, 2024 (see news release dated June 27, 2024).
Here is how Brown & Brown (BRO) and Iron Mountain (IRM) have performed compared to their sector so far this year.
Brown & Brown, Inc. (NYSE:BRO ) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Participants Mark Hughes - Truist Securities Michael Zaremski - BMO Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Rob Cox - Goldman Sachs Sidney Schultz - Raymond James Grace Carter - Bank of America Meyer Shields - Keefe, Bruyette & Woods Mike Ward - Citi Scott Heleniak - RBC Capital Markets Operator Good morning, and welcome to the Brown & Brown Inc. Second Quarter Earnings Call. Today's call is being recorded.