Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Arthur J. Gallagher Surges as Profit Beats Estimates

Arthur J. Gallagher & Co. rose the most in 18 months in New York trading after the insurance broker’s third-quarter profit beat analysts’ estimates.

The company advanced $1.43, or 5.3 percent, to $28.65 at 4:15 p.m. in New York Stock Exchange composite trading, the biggest rise since April 2009. Its price is now the highest since October 2007.

Profit from continuing operations was 44 cents a share, beating by two cents the average estimate of 12 analysts surveyed by Bloomberg, the Itasca, Illinois-based company said in a statement yesterday.

“We are encouraged by our results and accomplishments this quarter,” said Chief Executive Officer J. Patrick Gallagher Jr. in the statement announcing the company’s earnings. “Posting slightly positive organic growth in our brokerage segment in this rate and economic environment is a testament to our sales culture.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.