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Earnings Analysis: 
Macquarie Group Net Falls 64%
Author: Trupti Mehta
123jump.com
Last Update: 2:23 AM ET May 01 2009


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Macquarie Group Limited second-half net profit fell 64% to A$267 million.

 
10:00AM Sydney, Australia - Macquarie Group Limited net profit fell 64%.

Macquarie Group Limited, Australia’s largest investment bank said second-half net profit fell 64% to A$267 million or compared to net profit of A$743 million a year ago.

Macquarie Group Limited, in the last one year traded as high as A$67.20 in May 2008 and as low as A$15.00 in March 2009. Based on the yesterday’s closing price of A$33.48 the company has market cap of A$9.41 billion.
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