Industry News

Cendant announces cost-cutting measures for NRT

Company will discuss Q4, full-year earnings for 2005
Published on Feb 14, 2006

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by CareyBot

Cendant Corp. “is taking actions to reduce costs” at brokerage company subsidiary NRT Inc, “including consolidating offices,” according to an earnings announcement released Monday. Revenue for Cendant’s real estate services division reached $1.62 billion in fourth-quarter 2005, up 3 percent ...