All Posts Tagged With: "main street stocks"

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Macquarie Group (ASX:MQG) Profits Fall By 43%

Macquarie Group (ASX:MQG) told investors yesterday that its profit fell by 43%, thanks to write downs in assets. It was the first time since going public twelve years ago the “Millionaire Factory” has reported an earnings decline. Still, the $604 million profit number was higher than what analysts were expecting ($594 million) and the stock finished up over 16.5% on the day…

November 19th, 2008 | Dan Denning | 2 comments | Continued
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