Weyerhaeuser Q4 profit beats Wall Street view - Reuters

Weyerhaeuser Q4 profit beats Wall Street view Reuters Weyerhaeuser converted last year to a real estate investment trust. Excluding items, profit was 14 cents per share. Analysts had expected the company to earn 6 cents a share, according to Thomson Reuters I/B/E/S. The cellulose unit, ... and more »

Simon Property Group Q4 profit up 67% - Proactive Investors USA & Canada

Proactive Investors USA & Canada

Simon Property Group Q4 profit up 67% Proactive Investors USA & Canada For the three months that ended December 31, the retail real estate investment trust (REIT) posted net earnings of $362.9 million, or $1.24 per share, up 67 percent from $217.9 million, or $0.74 per share, a year ago. The company also posted funds from ... and more »

Popular's Quarterly Profit Rises on Lower Provisions Charges - Bloomberg

Bloomberg

Popular's Quarterly Profit Rises on Lower Provisions Charges Bloomberg The new government of Mariano Rajoy is preparing to make banks, including Popular, recognize more losses on real estate piled up on their books during Spain's property crash. The lender said provisions for loans and property fell in 2011 to 1.69 ... Santander May Say Profit Fell on Cleanup of Real Estate, SpainBusinessWeek Banco Santander's rough quarterMSN Money all 214 news articles »

Connor Group posts record revenue, profit - Bizjournals.com

Connor Group posts record revenue, profit Bizjournals.com The Centerville-based real estate group reported earnings of $28 million and revenue of $163 million, according to a company news release. Larry Connor, managing partner, said the company was able to thrive despite the turmoil because it was quick to ... and more »

Banks Join Pensions in Squeeze as Federal Reserve's Low Rates Erode Profit - Bloomberg

Bloomberg

Banks Join Pensions in Squeeze as Federal Reserve's Low Rates Erode Profit Bloomberg As old loans matured, banks had to make new loans at lower rates, cutting into profit. At JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (C) and Wells Fargo & Co. (WFC), the four largest US banks by assets, net interest margins ... and more »