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Weak retail market hurts General Growth's results (AP)

Started by riky, February 24, 2009, 06:02:06 AM

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riky

Weak retail market hurts General Growth's results
    (AP)

 



AP - Shopping mall owner General Growth Properties Inc., which is struggling to stave off bankruptcy and refinance billions in debt, on Monday reported lower-than-expected fourth-quarter funds from operations, as the weak economy crimped retail rents.


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