Janney Capital Has Buy Rating On Marsh & McLennan (MMC)

Janney Capital Markets released a report today outlining their initial thoughts on Marsh & McLennan's (NYSE: MMC) fourth quarter results. The company missed Janney's earnings estimates by 2 cents per share on an adjusted basis. The analyst has an EPS estimate for 2010 of $1.85.

According to the report, Janney is "curious to hear how the company addresses the currently pending lawsuit between Mercer and the State of Alaska related to pension consulting services."

Marsh & McLennan (MMC) shares are currently trading 0.77% lower to $22.02. Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital.