NU Online News Service, Nov. 4, 1:20 p.m. EST
Marsh & McLennan Companies Inc. reported third-quarter profit of $221 million that the firm's chief executive touted as a strong showing of the company's plans to get back on the track of profitability.
Net income rose from a net loss for the third quarter last year of $8 million, or loss of 2 cents a share, to $221 million, or 41 cents a share. Revenues declined 11 percent, or $296 million, to $2.5 billion.
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