AOC Aon Corp. featured news, full reports, and detailed charts
Aon Corp. (AOC) Wrap Up:
Aon Corporation operates as a global provider of risk management services, insurance and reinsurance brokerage, and human capital and management consulting services. It delivers distinctive client value via risk management and workforce productivity solutions. The company also operates as a reinsurance intermediary and capital advisor, providing clients with integrated capital solutions and services. Aon Corporation offers capital solutions and services, as well as risk management products and services, including treaty and facultative reinsurance, innovative risk capital management, and related advisory services. The company was founded in 1919 and is headquartered in Chicago, Illinois.Aon Corporation (AOC:NYSE)
Snapshot of Aon Corporation (AOC)
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OPEN
$38.90
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PREVIOUS CLOSE
$39.07
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DAY HIGH
$39.18
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DAY LOW
$38.53
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52 WEEK HIGH
12/31/08 - $46.50
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52 WEEK LOW
05/28/09 - $34.81
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MARKET CAP
10.7B
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AVERAGE VOLUME 3 mo
3.1M
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DILUTED EPS TTM
$2.13
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SHARES OUTSTANDING
273.9M
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EX-DATE
10/29/09
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P/E TTM
18.3x
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DIVIDEND
$0.60
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DIVIDEND YIELD
1.54%
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related news
AOC Top Compensated Officers
Executives, Board Directors
Key developments for Aon Corporation (AOC)
Aon Corporation has made three appointments to its Benelux division. Hans Groot has joined the team as chief operating officer. Mr. Groot, based in Amsterdam, will be responsible for the operations and processes of the business and will join the management team. He will also take the role of senior account executive for certain Dutch clients. Jurgen Wielandts will join the team on 1 January 2010 and be based in Brussels. He will focus on advising colleagues and clients across analytical topics, as well as further developing the Solvency II expertise within the EMEA division analytics team. Milko Vinke has also joined the Amsterdam office. He will be advising colleagues and clients on a variety of analytical matters, including actuarial, catastrophe, rating and capitalisation, as well as developing the firm's life and accident & health expertise.
Aon Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $134 million and net income attributable to stockholders of $120 million or $0.42 per basic share and $0.41 per diluted share on total revenue of $1,808 million against net income of $121 million and net income attributable to stockholders of $117 million or $0.42 per basic share and $0.40 per diluted share on total revenue of $1,846 million for the same period a year ago. Operating income of $209 million compared to $247 million for the same period a year ago. Income from continuing operations before provision for income tax of $178 million compared to $218 million for the same period a year ago. Income from continuing operations of $131 million and income from continuing operations attributable to stockholders of $117 million or $0.41 per basic share and $0.40 per diluted share compared to income from continuing operations of $159 million and income from continuing operations attributable to stockholders of $155 million or $0.55 per basic share and $0.53 per diluted share for the same period a year ago. For the nine months, the company reported net income of $574 million and net income attributable to stockholders of $549 million or $1.93 per basic share and $1.88 per diluted share on total revenue of $5,547 million against net income of $1,480 million and net income attributable to stockholders of $1,468 million or $4.94 per basic share and $4.75 per diluted share on total revenue of $5,707 million for the same period a year ago. Operating income of $819 million compared to $789 million for the same period a year ago. Income from continuing operations before provision for income tax of $731 million compared to $702 million for the same period a year ago. Income from continuing operations of $519 million and income from continuing operations attributable to stockholders of $494 million or $1.74 per basic share and $1.69 per diluted share compared to income from continuing operations of $510 million and income from continuing operations attributable to stockholders of $498 million or $1.68 per basic share and $1.61 per diluted share for the same period a year ago.
Aon Corporation expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).
AOC Competitors
| Company | Last | Change |
| Arthur J Gallagher & Co | $22.46 USD | -0.03 |
| Equifax Inc | $28.78 USD | 0.00 |
| Marsh & Mclennan Companies Inc | $22.57 USD | -0.03 |
| Unum Group | $19.08 USD | -0.05 |
| Willis Group Holdings Ltd | $27.69 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AOC | Industry Range |
| Price/Earnings | 18.3x |
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| Price/Sales | 1.5x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 13.8x |
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| TEV/Sales | 1.0x |
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AOC |
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AOC transactions
| Type Date |
Target |
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Merger/Acquisition
October 26, 2009 |
Carpenter Moore Insurance Services, Inc. |
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Bankruptcy
July 29, 2009 |
ProtoStar Ltd. |
More Recent News About Aon Corp.
More news for AOC
AON CORP Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue1,808,000 1,885,000 1,854,000 1,920,000 Cost of Revenue(2,148,000)1,134,000 1,014,000 (3,432,000)Gross Profit - 751,000 840,000 5,352,000 Operating ExpensesResearch Development - - - - Selling General and Administrative3,691,000 466,000 397,000 5,031,000 Non Recurring - - - - Others56,000 58,000 60,000 65,000 Total Operating Expenses - - - - Operating Income or Loss209,000 227,000 383,000 256,000 Income from Continuing OperationsTotal Other Income/Expenses Net1,000 9,000 (11,000)(48,000)Earnings Before Interest And Taxes210,000 236,000 372,000 208,000 Interest Expense32,000 26,000 29,000 30,000 Income Before Tax178,000 210,000 343,000 178,000 Income Tax Expense85,000 57,000 108,000 51,000 Minority Interest - - - - Net Income From Continuing Ops131,000 153,000 235,000 127,000 Non-recurring EventsDiscontinued Operations3,000 2,000 50,000 (133,000)Extraordinary Items - - - &...Click here to read the whole Article (external link)
Aon Consulting Hires Leader for South Korea
SINGAPORE, Nov. 6 /PRNewswire-FirstCall/ -- Aon Consulting, the global human capital consulting organization of Aon Corporation (NYSE: AOC - News has joined the firm as Chief Executive Officer of Aon Consulting Korea. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)In his new role, Kim will lead his team in expanding the solutions in health & benefits and human capital consulting in South Korea. In addition, he will be developing consulting solutions for Korean multinationals around the world."I am pleased to welcome Charlie to Aon Consulting," said Edouard Merette, Chief Executive Officer of Aon Consulting in Asia Pacific. "With a respected academic and industry expert joining our leadership team, I am confident Charlie will bring innovative solutions to the Korean market that will help clients achieve long-term value."A well-known opinion leader in Korea in the area of HR management, Kim is a regular columnist with The Magazine of Human Resource Management. He joins Aon from Hay Group, where he was the Representative Director in Korea. Kim specia...Click here to read the whole Article (external link)
Chicago Companies Unite With Wounded Warrior Project, Veterans Administration, Rehabilitation Institute of Chicago and disabilityworks to Support Job Placement for Disabled Veterans
CHICAGO, Nov. 12 /PRNewswire-FirstCall/ -- Recognizing that many of America's service men and women return home from active duty only to become part of a growing group of unemployed veterans, nearly 40 Chicagoland companies are uniting with the Wounded Warrior Project, the U.S. Veterans Administration, the Rehabilitation Institute of Chicago, and disabilityworks from the Chicagoland Chamber of Commerce to help raise awareness of this growing crisis. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)The day-long "Aon Salute to America's Wounded Warriors" event, scheduled for Friday, November 20th at the Fairmont Hotel in Chicago, will include programs for approximately 25 disabled veterans in Chicago who are unemployed or underemployed and who are looking for careers in business. They will receive training from the outplacement firm of Lee Hecht Harrison on how to conduct a successful job search, mock interviews, and a networking session for the veterans with representatives from the Chicagoland businesses in attendance.According to the U.S. Department of Labor's Bureau of Statistics, the unemployment rate for all veterans of the U.S. Armed Forces was 4.6 percent in 2008. The jobless rate for those who have served in the U.S. Armed Forces since September 2001 was 7.3 percent. A total of 4.6 million veterans served during the Gulf War era I (August 1990 to August 2001) or Gulf War era II (September 2001 to the present)."All of us should be very proud of the men and women serving our country and fighting for our freedoms," said General Richard B. Myers, Retired Chairman of the Joint Chiefs of ...Click here to read the whole Article (external link)
Aon Wins Four Top Categories in Business Insurance Readers Choice Awards
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Majority of Employers with Consumer-Driven Health Plans Prefer Health Savings Accounts, Says Aon Consulting
CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Of employers who offer a consumer-driven health plan, Health Savings Accounts(1) continue to be the preferred funding choice among organizations, according to a survey released today by Aon Consulting, the global human capital consulting organization of Aon Corporation (NYSE: AOC - News), and the International Society of Certified Employee Benefit Specialists, a premier community of employee benefits and compensation professionals. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)Of the 370 survey respondents, 44 percent of employers currently offer a consumer-driven health (CDH) plan to...Click here to read the whole Article (external link)
Aon Extends Employment Agreement With President and Chief Executive Officer Greg Case
CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Aon Corporation, the leading global provider of risk management services and human capital consulting, today announced that it has extended the employment agreement of President and Chief Executive Officer Gregory C. Case, which was set to renew in 2010, through April 3, 2015. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)"Greg continues to do a terrific job leading Aon," said Lester B. Knight, non-executive chairman and director of Aon Corporation. "Under Greg's leadership, the firm is well-positioned to enhance shareholder value.""Thanks to the tremendous work of our team members around the world, the core foundation of Aon continues to improve and is stronger than ever," said Case. "I am grateful for the support of the Aon Board of Directors and deeply appreciative of the opportunity to work with my Aon colleagues to serve our valued clients and continue to build our great firm."Case, 46, has served as President and Chief Executive Officer of Aon Corporation since April 2005 when he joined the firm. He currently serves on the boards of Discover Financial Services, the International Insurance Society, Inc., Children's Memorial Hospital, The Field Museum of Chicago, the Economic Club of Chicago, the Chicago Symphony Orchestra, and the St. John's University School of Risk Management, where he was named the 2008 Insurance Executive of the Year.About AonAon Corporation (NYSE: ...Click here to read the whole Article (external link)
AON CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On November 13, 2009, Aon Corporation (the "Company") entered into an amended and restated employment agreement (the "Employment Agreement") with Gregory C. Case, its President and Chief Executive Officer, which modifies the existing employment agreement dated as of April 4, 2005 between the Company and Mr. Case (the "Prior Agreement"). The terms of the Prior Agreement were disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on April 5, 2005. The principal modifications set forth in the Employment Agreement are described below: Term. The Employment Agreement commenced November 13, 2009, and will expire April 3, 2015, unless terminated earlier. The term of Mr. Case's employment was thereby extended five years. Salary and Bonus. No changes were made to Mr. Case's current annual base salary of $1,500,000. Mr. Case is eligible for a target bonus of 200% (an increase from 150%) of base salary and a maximum bonus of 300% of the target bonus (an increase from 250% of base salary), subject to the current cap of $5 million established under the Company's Senior Officer Incentive Compensation Plan. The Company's board of directors retains the discretion to determine Mr. Case's actual bonus payment. Long-Term Incentive Compensation. The Employment Agreement no longer requires an annual award of $1.8 million in non-qualified stock options be granted by the Company to Mr. Case, a contractual requirement under the Prior Agreement that Mr. Case has annually waived. Mr. Case will continue to be eligible to participate in the Company's long-term incentive compensation plans, such as its Leadership Performance Program ("LPP"), a sub-plan of the 2001 Aon Stock Incentive Plan. As a reflection of Mr. Case's exception...Click here to read the whole Article (external link)
Aon extends CEO contract through April 3, 2015
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
