By Michael Smith
SYDNEY |
Tue Feb 8, 2011 3:03am EST
SYDNEY (Reuters) - Macquarie Group (MQG.AX), Australia's top investment bank, warned full-year profits may miss market expectations but added that market conditions continued to recover from the worst downturn in its trading history.
The bank's shares initially dropped 2 percent on the outlook even though analysts had expected a weaker forecast. It closed down 0.3 percent.Macquarie, dubbed
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