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Essent 1st Half Net Profit EUR2.6 Billion, RWE Deal To Be Completed In 3Q

AMSTERDAM -(Dow Jones)- Dutch utility Essent NV said Thursday it swung to a EUR2.6 billion net profit in the first half of 2009, and said that it expects the transaction with Germany-based RWE (RWE.XE) will be completed in the third-quarter of 2009. MAIN FACTS: -Net profit in the first half was EUR2.6 billion. -Profit from continuing operations attributable to shareholders of Essent NV was EUR185.6 million. -Profit from discontinued operations was EUR2.41 billion. -Revenue came in at EUR4.01 billion. -The transaction with RWE is expected to be completed in the third quarter of 2009 -Essent expects growth of normalized profit from continuing operations for the whole of 2009 to amount to at least 10% compared to 2008. - By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com

Stock News for Essex Property (ESS)
DateTimeHeadline
05/20/201512:15:10What Is the S&P 500 Index?
04/27/201503:22:32Essex Property Trust Upgraded at Jefferies Group (ESS)
04/24/201517:19:24Essex Property Trust Receives "Overweight" Rating from Morgan...
04/20/201513:26:24Barclays Cuts Essex Property Trust Price Target to $222.00 (ESS)
04/09/201510:30:43Home Properties and Mid-America are Janney's two apartment picks
07/01/201416:22:11Essex Announces Release and Conference Call Dates for Its 2014...
06/11/201416:01:00Essex Announces Its 20th Consecutive Annual Dividend Increase
05/29/201416:48:56Essex Property Trust to Present at 2014 NAREIT Investor Forum

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