NU Online News Service, May 4, 1:23 p.m. EDT

Insurance broker Aon plc reports net income dropped 3 percent for the first quarter of this year as foreign exchange translation and investment in internal operations impacted the results.

Aon, which recently moved its headquarters from Chicago to London, reports first quarter net income of $238 million, or 72 cents a share, down $8 million from the prior year.

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