Market Currents

• Sunday, January 3, 2010

• 16:54 PM Human resources consulting firm Watson Wyatt completes its $4B merger with Towers Perrin Forster & Crosby, and will begin trading Monday as Towers Watson & Co. under the new symbol TW. Major competitors include Hewitt (HEW) and Marsh & McLennan (MMC). Comment!

• Thursday, November 5, 2009

• 09:53 AM Watson Wyatt (WW): FQ1 EPS of $0.84 beats by $0.12. Revenue of $401M (-5.8%) vs. $394M. Sees FQ2 EPS of $0.81-0.86 vs. $0.89 (PR) Comment!
• 00:05 AM Notable premarket earnings: ALD, BVF, CAH, CDE, CI, CNQ, CTL, CVS, DNR, DPS, DPTR, DTV, DYN, FTO, GNA, HK, KG, KIM, LAMR, MAC, MF, MGM, NDAQ, OCR, PCS, PXP, RRI, SE, SIRI, SLE, TDC, TWC, WEN, WW Comment!

• Monday, June 29, 2009

• 07:43 AM Consulting firms Towers Perrin Forster & Crosby and Watson Wyatt Worldwide (WW) plan to merge in an all-stock deal valued at around $3.5B, seeking to cut costs as clients pare back discretionary spending. Comment!