SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (114079)10/13/2010 8:46:04 PM
From: russet1 Recommendation  Respond to of 116555
 
So what. The article I posted deals with the situation in the U.S.

CBG has a global footprint with 40% of their worldwide revenue coming from property and facilities management and only 43% coming from leasing and sales.

Of that 43% ownership and leasing activities, less than 50% come from the U.S. and lucky for them much of that activity is with large corporations that also have large footprints in developing nations.

Still they carry a couple billion dollars of debt and have seen reductions in revenues(-30%) and EBITDA (-50%) from 2007 and 2009 with slight increases in the first two quarters of 2010.

Relying on stock market prices or indexes as proxies for the financial health of an industry sector has been shown to be misleading many times, especially with the government becoming more and more involved with the economy.