NEW YORK (AP) — Marsh & McLennan Cos. said Thursday its first-quarter net income rose 19 percent, helped by better results at its risk and insurance services business.
The New York-based consulting and professional services firm earned $413 million, or 74 cents per share, up from $347 million, or 63 cents per share, in the same quarter of 2012. Excluding one-time items and discontinued operations, the company earned 73 cents per share for the recent quarter.
Revenue rose 2 percent to $3.13 billion from $3.05 billion.
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