Eden Rock Capital Management Llp: Market Commentary - January 2010

(Reuters) - Australia's Westfield Group is not expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due with regard to an uncertain outlook for the U.S. economy and the global credit current market place.



Visa on Wednesday reported fiscal third-quarter net income of $1 billion, or $1.43 per Class A common share, up from $716 million, or 97 cents per share, a last year.

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Then he gets to China along with the incredible growth that the land and its economy proven. Much of the growth was funded by China's own coffers. China is actually growing as well as becoming a lending nation in the process. Part V explores how China has become banker into the US.

China Commercial Credit (CCCR) is a lender to small businesses in China, who will offer 1.9 million shares at a cost range of $6 to $7 using intention of raising $13 million. If successful China Commercial Credit would possess a market value $71 many. The company was founded in 2008 and centered in Wujiang China. Moscow and rome year possess recorded $13 million in sales. Axiom Capital Management and Burnham Securities are underwriting the deal.

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"The risks are that the U.S. consumer recession is deeper than anticipated. So would be increasing their U.S. exposure as the particular outlook is deteriorating," said Richard Morris, a fund manager with Constellation Capital Management, which does not own Westfield shares.

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