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Fadesa teeters on brink as shares are suspended

Article Date : Monday, July 14, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Trading in Fadesa’s shares have been suspended this morning after falling 27% in the first hour of trading on the Madrid stock exchange. Martinsa-Fadesa’s shares have now fallen by more than 50% in 2 days, and the regulator of Madrid’s stock exchange has not said when trading in Fadesa’s shares will resume. Fadesa is struggling to...


Article provided by Spanishpropertyinsight.com.
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