MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 28, 2010 The WSJ Notices Warnings From Delaware's Parent Analysts are expecting more bad news from Macquarie Group tomorrow and rightfully so, The Wall Street Journal reports. Macquarie, parent of Delaware Investments [see profile], has already reportedly warned of a 25 percent drop in profits for the six months through September and analysts are concerned about its year-end forecast. Last month, the Aussie bank reportedly said its full-year earnings would be mostly the same as last year if "market activity" returned to normal in the six months from October to March 2011, but skeptical analysts are forecasting a full-year profit drop of 9.5 percent. Printed from: MFWire.com/story.asp?s=33852 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |