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Earnings roundup: Marsh & McLennan, Crocs

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May 7, 2008

Among the earnings stories for Wednesday, May 7, from AP Financial News:

NEW YORK (AP) -- Marsh & McLennan lost money in the first quarter as the insurance broker's corporate security business suffered a fundamental deterioration in value, the company said Wednesday.

NIWOT, Colo. (AP) -- Shoe company Crocs Inc., best known for its bright plastic clogs, said Wednesday it swung to a first-quarter loss, hurt by charges, but revenue climbed past Wall Street's expectations and shares rose after hours.

MAUMEE, Ohio (AP) -- The Andersons Inc., a diversified company involved in agriculture, railcars and retail, said Wednesday its first-quarter profit fell 15 percent as income from its grain and ethanol division fell sharply.

WASHINGTON (AP) -- Educational software company Blackboard Inc. said Wednesday that it swung to a first-quarter loss as rising product revenue was overshadowed by climbing operating expenses.

STERLING, Va. (AP) -- NeuStar Inc., a provider of clearinghouse services for communications companies, said Wednesday it swung to a first-quarter loss as a hefty charge offset revenue growth.

CORONA, Calif. (AP) -- Beverage maker Hansen Natural Corp. said Wednesday its first-quarter profit climbed 43 percent on strong sales of its Monster energy drinks.

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