Fears spread as Spanish real-estate stocks plunge: declines prompt worries that long building boom may soon come to a halt
Article Abstract:
Five of Spain's largest real estate stocks fell by more than 10% each, giving rise to concerns that the country's construction boom, which has helped bolster the European economy, may drop off as well. The selloff was likely driven by the collapse of residential construction contractor Astroc Mediterraneo S.A. the week before.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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BMW's net rises as it works to offset material costs
Article Abstract:
BMW AG announces a 9% net profit increase to $4.87 billion for 2007. Article discusses the company's efforts to reduce production costs, stock value, and sales and shipments forecasts for 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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