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Stockland shares drop after profit slides

Tuesday, August 7, 2012

WN.com - Business News
Latest headlines from WN Network
Stockland shares drop after profit slides
Aug 8th 2012, 02:20

Property developer Stockland has posted a 35 per cent fall in full-year profit and says real estate markets are set to remain weak in the year ahead. Investors reacted harshly, sending Stockland shares down as much as 15.5 cents, or 4.5 per cent, to $3.255....
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