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  • Market report: Bid talk sends Flybe’s shares soaring 
    
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  • Barclays boss Staley promises hike in investor payouts despite £1.9bn loss
    
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  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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Throughout the 1990s, Phoenix-based Right Place Properties had a solid reputation as a boutique developer and real-estate brokerage.

It bought low-rent apartment buildings - about one a year - and renovated them with funds from a small pool of private investors. The units were then sold as condominiums for a healthy profit.  more…

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