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Colombia’s Peso Climbs as Oil Gains; Argentine Bonds Rebound

By Drew Benson The peso rose 0.8 percent to 1,986.76 per dollar at 9:28 a.m. New York time, from 2,003.21 yesterday. The yield on the country’s 11 percent benchmark bonds due in July 2020 fell eight basis points, or 0.08 percentage point, to 8.8 percent, according to Colombia’s stock

Macquarie"s foundations still strong despite slide

The slide came after Macquarie gave profit guidance that was below expectations, but it is subdued earnings momentum we are talking about here, not some perceived existential crisis, which was what Macquarie was dealing with in February 2009. Yesterday's selling pushed Macquarie's shares down

Macquarie looking up after crisis

The slide came after Macquarie gave profit guidance that was below expectations. But it is subdued earnings momentum we are talking about here, not some perceived existential crisis, which was what Macquarie was dealing with in February last year. Yesterday's selling pushed Macquarie's shares

AV Jennings returns to profit

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Residential developer AV Jennings ' first half results are back in the black after structural changes and a resilient Australian housing market. AV Jennings posted a net profit of $3.2 million for the six months to December 31, compared to a loss of $9.7 million in the prior first
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AV Jennings in profit again, says new challenges ahead

Residential developer AV Jennings' first half results are back in the black after structural changes and a resilient Australian housing market. The company says 2009 was testing and the current year would bring a new set of challenges. AV Jennings posted a net profit of $3.2 million for

AV Jennings returns to profit

AAP Residential developer AV Jennings' first half results are back in the black after structural changes and a resilient Australian housing market. The company says 2009 was testing and the current year would bring a new set of challenges. AV Jennings posted a net profit of $3.2

Challenger Diversified posts $13.7m loss

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AAP Challenger Diversified Property Group has posted a first half net loss of $13.7 million after property writedowns and revaluations. But the group, which has interests in office, industrial and retail properties, says it has strengthened its balance sheet and is poised for
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Brazil and Peru: Latin American Bond and Currency Preview

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By Drew Benson Brazil: The central bank releases the minutes of last week’s monetary policy meeting at which directors left the benchmark lending rate unchanged at 8.75 percent. The bank reports the minutes at 5:30 a.m. New York time. The real fell 1.2 percent to 1.8526 per
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Chile’s Peso Falls to Weakest Since October on Hedging Rules

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By Drew Benson The peso fell 1.7 percent to 536.35 per U.S. dollar at 9:27 a.m. New York time, from 527.35 yesterday. It earlier touched 539.85 per dollar, its weakest since Oct. 21. The peso in 2010 is the worst-performing emerging-market currency against the dollar tracked by Bloomberg,
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Esprit Profit Beats Estimates on Retail Sales Growth (Update1) - Bloomberg.com

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Feb. 3 (Bloomberg) -- Esprit Holdings Ltd. , the biggest Hong Kong-listed clothier, posted first-half profit that beat analyst estimates after boosting sales from the stores it owns and operates. Esprit will open larger, redesigned outlets, Chairman Heinz Krogner said last year at the
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