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Commodities Rise Most in 24 Years; Goldman Sees Gain
Bloomberg Caterpillar Inc. Chief Executive Officer Jim Owens said in May the residential real estate market is “finding a bottom” and the “recovery potential in this sector is very significant.” Caterpillar is based in Peoria, Illinois. … |
 The Irrawaddy News Magazine |
Asian Stocks Advance on China Manufacturing, Commodity Prices
Bloomberg City Developments Ltd. climbed 4.2 percent, leading gains among Singapore's real-estate stocks, on speculation rising property prices will boost profit. Kawasaki Kisen Kaisha Ltd., Japan's third-largest shipping line by sales, jumped 7.4 percent as … Asia: Nikkei advances, oil stocks rally ShareCast China Industrial Data Aids Stocks Wall Street Journal all 460 news articles |
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Asian Shares Rebound; China PMI Boosts Resource Stks
Wall Street Journal Orix fell 2.2% in Tokyo, though, after the company said Friday it may write down its Y10.7 billion investment in failed real estate business affiliate Joint Corp Korean financial stocks were higher with KB Financial up 3.0% and Daewoo Securities up … |
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Nikkei Edges Up, Commodities Rise
Wall Street Journal Orix fell 5% in Tokyo after the company said Friday it may write down its ¥10.7 billion ($113 million) investment in failed real estate business affiliate Joint Corp. Other real estate stocks fell, with Mitsui Fudosan down 3.7%. … |
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When Real-Estate Exposure Is Tangible
Wall Street Journal Many believe the bank's reserves are sufficient for any losses on its $18.8 billion commercial-property book, which contains significant exposure to the New York metro area. But the bank doesn't break out reserve coverage for commercial real estate. … |
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Japan Property Shares Fall on Joint Bankruptcy; Oil Shares Gain
Bloomberg By Jason Clenfield and Toshiro Hasegawa June 1 (Bloomberg) — Japanese real estate shares declined after developer Joint Corp. filed for bankruptcy. Resource- related shares advanced on higher commodities prices. Mitsui Fudosan Co., Japan's biggest … |
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Australia Futures Gain on Oil; Japan Auto Stocks Rise in US
Bloomberg Joint Corp., a Japanese real estate developer, filed for bankruptcy protection on May 29, with liabilities of 168 billion yen ($1.7 billion). It was the country's third-largest failure of a publicly traded company this year. |
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Foreclosure fixers will help you - for a fee
Newsday, NY Some Long Island real estate experts are staying out of the business altogether, pointing to the lack of standards and the troubled clientele. "It really is like the Wild West out there," said Commack real estate attorney Lita Smith-Mines. … |
 AdAge.com (subscription) |
Real-Estate Ads Find New Home on Web in Recession
AdAge.com (subscription) By Marissa Miley NEW YORK (adage.com) — Disappearing are the bold-colored suit jackets, poufy hairdos and stilted smiles that, for decades, have been plastered across newspaper pages pushing real estate to potential homebuyers. … |
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Real estate minnows prep attack on Big 3
Crain’s New York Business, NY Peter Riguardi, president of jll's New York office, is well aware of the dangers of being a market leader. “Mario Andretti said that if you are comfortable, you aren't driving fast enough,” says Mr. Riguardi. “I just want to make sure we aren't too … |