NU Online News Service, May 5, 10:57 a.m. EST
Insurance broker Willis Group Holdings reported first quarter net income dropped 80 percent primarily related to its operational review and repurchase of debt.
The broker reported first quarter net income, compared to the same period in 2010, fell $169 million to $42 million. However, revenues grew 4 percent, or $36 million, to more than $1 billion.
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