Both Marsh and its larger rival, Aon Corp AOC.N, havebeen aggressively cutting costs as fee and commission incomehas been constrained by lower insurance pricing and changes inwhat they are permitted to charge clients. Marsh’s net profit in the first quarter was $176 million,or 33 cents a share, compared with a net loss of $210 million,or 40 cents per share, a year earlier, when the company took alarge goodwill charge. On an adjusted basis, the company earned 40 cents a share,3 cents below analysts’ average forecast, according to ReutersEstimates. Adjusted earnings would have matched Wall Streetexpectations were it not for accounting changes on how earningsper share are calculated and accelerated amortization ofdeferred compensation, the company said.

EYEING ACQUISITIONS, HERE AND ABROAD Duperreault told Reuters in an interview that the company’sbrokerage business, known for placing large commercial risksfor corporations around the world, plans to hone in on small tomedium-size U.S markets, an area where rivals have dominated. The company expects to grab market share through a seriesof acquisitions across the United States, and expects to reachdeals this year, “no question about it,” he added. Worldwide, Duperreault said Marsh also had its eyes open.”It is not easy in this environment to grow organically,” hesaid. “Values are a little better, people are a little moreinterested, and we are going to take advantage of it,” hesaid.

Marsh shares were up $1.38 to $21.97 in afternoon trade onthe New York Stock Exchange, but were still down nearly 40percent from a 52-week high of $35 set Sept 19, according toReuters data. (Reporting by Lilla Zuill; editing by John Wallace) Stocks Global Markets Funds News ETFs News Private Capital. ROCKVILLE, MD, May 06 (MARKET WIRE) — Rose Financial Services(R) (RFS), the Premier U.S. Based Accounting andFinancial Outsourcing Firm(TM), announced today that it has been selectedas a finalist in the “Up & Coming Company” category for the 2009 HeliosApollo Awards for the second year in a row.

The Apollo Awards, presentedby Helios HR, recognize Washington-area organizations that promoteemployee development.This award honors organizations of all sizes that show marked success indeveloping an ongoing culture of employee support and development. Thisincludes creating development opportunities for employees, providing theresources for managers and employees to participate in a robustperformance managementprogram as well as the quantifiable impact oftheir employee development initiatives on the organization.”Being nominated for the second year in a row is a great affirmation thatas a company we are succeeding in creating an environment that is focusedon developing our employees,” said Ted Rose, company President andFounder. “Staff development is our primary internal focus and ouremployees have enthusiastically embraced the opportunities presented tothem. It is a win-win situation for our clients and our accountingprofessionals.”"We had a tremendous increase in nominations this year,” said KathyAlbarado, President & CEO of Helios HR.

“This growth illustrates that evenduring these tough economic times companies remain dedicated to creatingan environment where employees are given the opportunity to learn anddevelop. We congratulate all of the finalists on their achievement.” Awardfinalists and winners will be recognized at a breakfast ceremony on June5, 2009 in Falls Church, VA. A complete list of finalists and registrationinformation is available at http:// Rose Financial Services, LLCRose Financial Services(R), the Premier U.S. Based Accounting andFinancial Outsourcing Firm, has been helping companies succeed since1994. Using their time tested PRICE(TM) methodology, Rose FinancialServices provides value by establishing financial systems that routinelydeliver accurate, timely, and relevant financial information. With yearsof experience, they then offer the financial guidance companies need tomake better business decisions and succeed. Visit Helios HRHelios HR provides outsourced HR services that optimize your workforce andHR operations.