Willis misses on earnings as growth remains sluggish
Willis Group missed analysts' forecasts on profits as it reported adjusted earnings per share of $0.22 for the third quarter, compared to a Wall Street consensus of $0.30 a share.
Total commissions and fees of $749mn were down 1 percent on the prior-year period, in a set of financials that Langen McAlenney analyst Robert Glasspiegel said are likely to disappoint investors.
But the broker, which last week named Dominic Casserley as its new CEO from the start of 2013, booked...
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