MMC shares up 15% after reporting rise in FY revenues
Shares in Marsh & McLennan, the owner of broker Marsh and reinsurance broker Guy Carpenter, were up 15% in early trading on Wednesday as the group reported an 11.6% rise in consolidated revenue for the year.
At 3.48pm GMT, shares were up $2.84 at $21.55.For 2008, consolidated revenue was $11.6bn, an increase of 4% from $11.2bn in 2007. Fourth quarter revenues shrank 9% to $2.7bn, down 9% from the fourth
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