View video and Need to Know interactive heatmap Economics House prices: The latest monthly index from Nationwide showed that house prices rose by......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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Mirvac swings to $1bn loss
The Australian - 91 days 2 minutes ago
MIRVAC Group has swung to a full-year net loss of $1.08 billion after writing down the value of property assets. The property developer reported a...
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Mirvac hopeful after loss
LEADING Australian property group Mirvac has reported a net loss after tax of $1.08 billion for 2008-09 but forecasts a lift in earnings in the...
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Astro Japan posts $366m loss
Business Spectator - 90 days 5 hours 2 minutes ago
Source: News Bites Astro Japan Property Trust (AJA) reported a net loss of $365.6 million for the year ended June 30, 2009 on revenue down 27% to...
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Seven full-year profit tumbles 91pc
SEVEN Network said today its full-year net profit fell 91.2 per cent, reflecting writedowns to investments. Net profit for the 12 months ended June...
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Transfield soars 14pc on outlook
SHARES in Transfield Services today gained 13.5 per cent, as it forecast "flat to modest" growth after swinging to a net loss. Australian...
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FTSE retreats from 10-month high
Times Online - 89 days 15 hours 25 minutes ago
Sharp drops in mining stocks and grim figures from WPP, the world's largest advertising group, sent the FTSE 100 index sliding in early trading...
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Westfield in $708m loss
THE world's biggest shopping centre landlord, Westfield Group, sees an end to the savage cuts to property values despite writedowns pushing it to a...
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Need to know: H&T profits rise ... IBM wins contract ... Gazprom profits down ...
View video and Need to Know interactive heatmap Economics Unemployment: The number of households with no one over the age of 16 working has...
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Minerva back as market favourite
With the Ashes over and little else going on in the City to distract retail investors or cricket fans, attention in the last days of August has...
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Hammerson boosted by rumour of possible bid
Hammerson outperformed its peers in the property sector yesterday amid suggestions that a mystery “someone” was looking at launching a bid for...
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GPT Group posts $1.2bn loss
GPT Group's first-half net loss widened sharply to $1.2 billion today after a steep slide in property valuations. The real estate investment trust...
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GPT posts $1.2b loss, profit from operations down 22%
Source: News Bites GPT Group reported a net loss after income tax expense of $1.2 billion for the half year to June 30, 2009 on revenue down 21% to...
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Abacus Property posts $102m loss
Source: News Bites Abacus Property Group reported a net loss of $102.4 million for the year ended June 30, 2009 down from a profit of $71.5 million...
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FKP encourages investors
FKP Property Group wants investors back on its bandwagon after booking a $78 million full-year operating profit that has exorcised some of the...
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Henderson reports waning M&A activity
Financial Times - 88 days 4 hours 48 minutes ago
Hopes of merger and acquisition activity among fund management groups hurt by a year of falling revenues are fading as the rally in equity markets...
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Profit fall hits Communisis
Shares in Communisis fell almost 5 per cent yesterday after the marketing and printing group reported a 78 per cent fall in first-half pre-tax...
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- More Homeowners Face Mortgage Woes
- If Consumer Prices Are Down, Why Are Car Insurance Rates Up?
- As Income Mobility Falls, American Dream Fades
- Lawmakers Push Bill to Monitor Fed Lending Programs
- Eugene Fama Drinks His Own Brand of Kool-Aid
- Roubini Warns of New Financial Crisis
- Ex-Wells Fargo Loan Officer Details Shady Practices
- Bank of America, JPMorgan Chase are too Late in Moving to Curb Overdraft Fees
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- State Farm CEO Rust: Effective But Not Greedy
- As Income Mobility Falls, American Dream Fades
- Creative Destruction and the new Money Trust
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- Analyst: Banking Industry Risks "Implosion"
- The Many Faces of Michael Oxley
- Citigroup Hit With Huge Credit Loss
- Private Equity Firms About To Gear Up The Small Banking Sector
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