Real estate giant loses $840M

The industry-wide slowdown in the sale of existing homes is putting a drag on earnings.
Realogy Corp., the parent company that owns Century 21, Coldwell Banker, ERA and Sotheby’s International, netted a loss of about $840 million in 2007, according to a report from inman.com.
Realogy, which was acquired by Manhattan-based Apollo Management in April 2007, reported a net income of $365 million in 2006. Its annual revenue–$5.97 billion for 2007–has declined for the last three years.
…
Original Source: spacedoutli.wordpress.com

  21 March, 2008| housingblogs | @ 18:40

• VIDEOS
• Economía Blogosfera
• Bitácora
• Economía G . Medios
• Blog de Economía
• Blog Vivienda
• Mercado Divisas
• Agregador Marketing
• El Intercambiador
• Energía, M. Ambiente
• Blog Análisis Técnico
• Canal solidario
• Agregador A.Técnico
• Agregador Motor

• Economy Blogs
• Hedge Funds
• Fundamental Analysis
• Housing Blogs
• Technical Analysis
• Energy Blogs
• Derivatives: Futures
• Marketing Blogs
• Economy Mass Media
• VIDEOS

Categories:

• housingblogs

Recent Comments

• admin: [List-o-links] 3-31-08 Credit Crunch Update...

Calendar:

Archives:

• December 2008
• November 2008
• October 2008
• September 2008
• August 2008
• July 2008
• June 2008
• May 2008
• April 2008
• March 2008

Meta:

• Log in
• Comments RSS
• Valid XHTML
• Utilities
• XFN
• WP
• RSS