I remain upbeat about the shares of Marsh & McLennan (MMC), a US-based multinational professional services firm. Recently, the company issued solid financials for the second quarter of 2016. Consolidated revenues increased 0.8% y-o-y (3% on an underlying basis) to $3.36 bn, in line with consensus estimate. Risk & Insurance Services revenues were $1.79 bn, up 3.5% from the year-ago quarter, while Consulting revenues declined 2.1% to $1.58 bn. At the same time, adjusted operating income jumped 16.2% to $676 mn, and operating margin expanded 250 basis points to 20.1%. Adjusted earnings per share soared 25.4% to 89 cents beating analysts’ average projection by 5 cents. For full year 2016, Marsh & McLennan earned $3.42 per share (growth of 12.1%) on revenues of $13.21 bn (growth of 2.5%).During the reported quarter, Marsh & McLennan bought back 2.6 mn shares for $175 mn bringing 2016 tally to $800 mn. The company also increased its share repurchase program to up to $2.5 bn. A quarterly dividend was 34 cents per share, which offers a healthy dividend yield of about 1.9%.To note, Marsh & McLennan regularly undertakes strategic acquisitions to enhance its growth profile. In Q4, the company bought UK-based insurance broker Bluefin Insurance Group, as well as Thomsons Online Benefits, a global SAS company. Recently, it closed the previously announced acquisition of J. Smith Lanier, one of the largest privately held insurance brokers in the US.I believe that the recent acquisitions and well-executed restructuring initiatives will allow Marsh & McLennan to continue to deliver solid financials going forward. I expect the company’s shares to continue growth, with medium-term target at $80.