Tuesday 28 October 2008

(AFX UK Focus) 2008-10-02 09:39 OJSC LSR H1 pretax drops on $159 mln non-cash hit from portfolio revaluation (Interactive Investor)



LONDON (Thomson Financial) - Russian construction company OJSC LSR Group posted a sharp reduction in first-half pretax profits but cited a $159 million non-cash hit from investment property revaluations recognised on its income statement.
Source: www.iii.co.uk

Commercial property values fall another 2.9% (The Herald)
Commercial property values in the UK slipped by another 2.9% last month, according to benchmark data released yesterday. The latest figures from investment property Databank also revealed the latest slippage takes the market's fall since June 2007's bull market highs to more than 24%.
Source: www.theherald.co.uk

Bailout Bill Tax Provisions (Mondaq)
Over several frantic days leading up to a failed congressional vote on September 29, 2008, the Bush Administration and congressional leaders negotiated and agreed on a bill aimed at preventing a potential economic meltdown.
Source: www.mondaq.com

The content of the annual report (Mondaq)
Nearly half (47%) of the companies surveyed voluntarily presented a directors' remuneration report, despite this only being a mandatory requirement for fully listed companies. This proportion increases, as might be expected, to 65% when the 20 largest companies are considered.
Source: www.mondaq.com

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