NU Online News Service, April 30, 10:08 a.m. EDT
Arthur J. Gallagher & Co., reversing a $6 million loss for the period in 2008, reported first quarter net income of $26.4 million, helped by a strategy of acquisitions and cost cutting.
The Itasca, Ill.-based brokerage reported 2009 first quarter revenues of $289.5 million, a 12 percent increase from $258 million in last year's first quarter.
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