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Real estate loss cuts 1st-qtr profit of utility Allete - MSN MoneyCentral


DULUTH, Minn. (AP) - Allete Inc., a coal, utility and real estate company, said Friday its first-quarter profit fell 10 percent as expenses rose and its Florida land business swung to a loss. Net income for the three months ended March 31 fell to $23
Source: moneycentral.msn.com

Real Estate Sectors Are Struggling - San Diego Business Journal
San Diego s housing woes hit another nadir last week after a series of reports revealed trends in falling home prices, mounting job losses in construction and related industries and an unwillingness by banks to extend credit in risky situations
Source: sdbj.com

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