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	<title>Stock Blog Hub &#187; Aon Corporation</title>
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		<title>(AOC) Aon Corporation Lags on Brokerage Revenue</title>
		<link>http://www.stockbloghub.com/2009/11/02/aoc-aon-corporation-lags-on-brokerage-revenue/19474</link>
		<comments>http://www.stockbloghub.com/2009/11/02/aoc-aon-corporation-lags-on-brokerage-revenue/19474#comments</comments>
		<pubDate>Tue, 03 Nov 2009 04:51:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[AOC]]></category>
		<category><![CDATA[Aon Corporation]]></category>

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		<description><![CDATA[Aon Corporation’s (AOC) third quarter 2009 adjusted operating earnings (excluding non-recurring items) came in at 65 cents per share, compared to 76 cents per share in the prior quarter and 69 cents in the year-ago quarter. Results were just a penny short of the Zacks Consensus estimate mainly due to lower investment income and organic brokerage revenue. Net income for the quarter increased 2.5% to $120 million or 41 cents per share, compared to $117 million or 40 cents per share in the prior-year quarter. Total revenue decreased 2.1% year over year to $1.8 billion primarily due to a 5.0% decline from foreign currency translation and a 69.0% decline in investment income. It was partially offset by a 9.0% increase from the Benfield acquisition. In Risk and Insurance Brokerage Services, ]]></description>
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