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Wall Street Journal:
SAN FRANCISCO (MarketWatch) -- Barclays Capital said Friday that it has formed Crescent Real Estate Holdings LLC with Goff Capital to buy Crescent Real Estate Equities from Morgan Stanley Real Estate Funding II. It has also named John Goff as chairman and chief executive of Crescent. Goff was vice chairman and CEO of Cre (Read More)
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The Huffington Post | Full News Feed:
by Alex Leff, GlobalPostLIBERIA, Costa Rica -- Franklin Chang Diaz has great aspirations for his rocket: a mail-carrier for outer space, a garbage truck for orbital debris and, the ultimate goal, a shuttle to Mars.The Costa Rica-born physicist speaks nonchalantly about the day humankind will have moved entirely to outer spa (Read More)
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Wall Street Journal:
BOSTON (MarketWatch) -- Simon Property Group Inc. has hired investment adviser Lazard Ltd. and law firm Wachtell, Lipton, Rosen & Katz to explore a potential bid for all or part of General Growth Properties Inc. , which filed for bankruptcy in April, The Wall Street Journal reported Wednesday. Real estate investment trust (Read More)
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Wall Street Journal:
Asian share markets were mixed Wednesday, with markets in Japan reversing an early rise to fall 0.6% amid weakness in real estate and financial stocks. (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- Land Securities said Wednesday that it swung to a fiscal first-half profit of 11.9 million pounds from a loss of 1.73 billion pounds a year earlier as it said the commercial property market found its floor. The real estate investment trust said revenue for the period ended Sept. 30 rose to 418.7 mil (Read More)
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New York Times:
Global warming may deal the fatal blow to an animal that has dwelt in the Pacific for 150 million years.
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New York Times:
Warmer temperatures and rising seas that scientists link to global warming have vastly diminished the turtle population that has dwelt in the Pacific for 150 million years.
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New York Times:
Buyers of homes in high-priced markets have some reason to cheer: the federal government recently extended through 2010 the maximum dollar amount for “conforming loans.”
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Huffington Post:
CAMBRIDGE, Mass. — The head of an ethics program at Harvard University strongly defended the choice of former New York Gov. Eliot Spitzer to deliver a lecture on integrity in the nation's financial markets.Spitzer, driven from office by a prostitution scandal, did not make reference to the episode during the more than hourl (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- British supermarket giant Tesco said it has signed an agreement to set up the first in a planned series of joint ventures to develop shopping malls in China. Half of the joint venture will be owned by a syndicate of leading Asian investors including HSBC Nan Fung China Real Estate Fund, Singapore's (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- Shares of Great Portland Estates rose in early London action as the group said its three-month adjusted net asset per share rose 4.2% on a sequential basis to 225 pence. "Although rental prospects in the office market remain subdued in the short term, we are seeing some signs of life in occupational (Read More)
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Wall Street Journal:
WASHINGTON (MarketWatch) -- The U.S. economy will expand at a relatively subdued pace in coming quarters, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Tuesday. Lockhart said the banking system is still far from being fully recovered and will be hampered by weakness in the commercial real estate (Read More)
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Wall Street Journal:
BOSTON (MarketWatch) -- Real estate investment trusts were among the market's strongest performers Monday as stocks rallied. The SPDR Dow Jones REIT ETF was up more than 4% in afternoon trading. Developers Diversified Realty Corp. shares rose about 9%. The company named a new chief executive and is reportedly selling $400 (Read More)
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Wall Street Journal:
NEW YORK (MarketWatch) -- Developers Diversified Realty Corp. said Monday that Daniel Hurwitz, 45, will serve as president and chief executive officer, effective Jan. 1. Hurwitz succeeds Scott Wolstein, 57, who will become executive chairman of the real estate investment trust. The company said the moves are part of its pr (Read More)
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Wall Street Journal:
Stock bounce lifts emerging markets, financials and real estate.
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Created by: Macewan
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Dec 07, 2008
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