Cadillac Fairview pumps up cash flow
Article Abstract:
Cadillac Fairview Corp., a real estate firm with headquarters in Toronto, Ontario, posted C$51.7 million cash flow for the second quarter ending April 30, 1998, for a 42% gain from just $36.4 million for the same period in 1997. Cadillac's performance was caused by refinancing of expensive loans and internal and external growth. Cadillac executive vice-president and chief financial officer Jon Hagan noted that the company posted 22% in cash flow per share to show the continuity of the upward trend of over 25% per quarter in the past four quarters.
Comment:
Posts C$51.7 million cash flow for second quarter ending 4/30/98, for 42% gain from $36.4 million for same period in 1997
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Barclays moving to Docklands
Article Abstract:
Barclays PLC has reached a deal to lease a new headquarters building in London, England's Docklands area. The one-million square-foot facility will be built by Canary Wharf Group PLC.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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