Arthur J. Gallagher First Quarter Off 64 Percent

Michael Ha

NU Online News Service, April 25, 11:59 a.m. EDT? Arthur J. Gallagher & Co.'s first-quarter net profit fell by some 64 percent to $11.9 million, or 13 cents per share, driven down by its write-off of investments in venture capital, development-stage enterprises and turn-arounds.

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