MMC income more than halved in 4th quarter
Marsh and McLennan Groups has reported a sharp drop it in net income - including discontinued opertaions - for the fourth quarter of 2007 to $85m (£43m)(2006: $226m).
Consolidated revenue was $2.9bn, up 8% from the fourth quarter of 2006 and income from continuing operations was $90m, compared with $168m in the fourth quarter of 2006.
Net income, including
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