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Wall Street Breakfast

Marsh McLennan reaches deal for Honan Insurance

Mon, 21 Aug 2023

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Marsh & McLennan (MMC) reaches $450M deal for Australia's Honan Insurance. (00:32) Bill Ackman, Boaz Weinstein reportedly make rival $12/share offer for Sculptor Capital (SCU). (00:59) Shipping wars: Amazon (AMZN) restarts service that competes with FedEx (FDX) and UPS. (2:02) Sign up for our daily newsletter here and for full access to transcripts, analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.Show links:Biggest stock movers today: Palo Alto Networks and Napco Security TechnologiesJerome Powell at Jackson Hole: Expect push-back on rate cuts, bond yield commentsChina cuts one-year loan prime rate to record low of 3.45%DuPont near deal to sell resins unit for $1.8B - reportCatalyst watch: Nvidia earnings, Twilio event, AMC drama and Jackson Hole jitters

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