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| | | ... into a trading halt on Thursday after announcing that it will engage in a mammoth $5.5 billion capital raising. The Commonwealth was up 80 cents at $83.91, Westpac had gained 37 cents to $34.27 but ANZ fell 41 cents to $32.60. Banking and insurance group ... |
| | | | ... returns, but to rebuild consumer's trust in their model. Recent analysis by EY of the quarterly results for Commonwealth Bank (CBA), ANZ, National Australia Bank (NAB) and Westpac argued: "Managing conflicts in vertically integrated operations, professional ... |
| | | | ... The market suffered its biggest one-day fall in two years on Wednesday when it dropped 2.3 per cent due to the Commonwealth Bank's soft quarterly profit and Woolworths' weak third-quarter sales result. The last of the big four banks, the National Australia ... |
| | | | ... general meeting in December. Henry has been on NAB's board since November 2011. Previously he was Secretary of the Commonwealth Treasury and sat on the RBA board. He has also held (or currently holds) positions at the Council of Financial Regulators ... |
| | | | ... shopping centres. In Australia, the market on Wednesday suffered its biggest one-day fall in two years after Commonwealth Bank and Woolworths results spooked investors. The S&P/ASX200 index plummeted by 2.3 per cent on Wednesday, marking the steepest ... |
| | | | Commonwealth Bank shares have fallen to their lowest level in more than three months after it posted a flat $2.2 billion quarterly cash profit. The bank attributed the flat March quarter result to an increase in costs and strong competition for loans. ... |
| | | | A disappointing quarterly result from the Commonwealth Bank is weighing down the broader share market. The share price of Australia's biggest listed company plummeted by $2.99, or 3.39 per cent, to $85.15, after it post a flat $2.2 billion cash profit ... |
| | | | ... HIA new home sales for March is due out. And in equities news, News Corp releases third quarter earnings, the Commonwealth Bank issues its March quarter trading update and Woolworths releases its third quarter sales results. In Australia, the market ... |
| | | | ... expecting. At 1200 AEST, shares in ANZ jumped 3.75%, or $1.24. Westpac was up eight cents, or 0.22%, to $35.58, Commonwealth Bank gained $1.27 cents, or 1.44%, to $89.28, and National Australia Bank added 30 cents, or 0.83%, to $36.59. The major miners ... |
| | | | ... Tuesday was also weighing on the banks. At 1020 AEST, Westpac fell $1.43 cents, or 3.89 per cent, to $35.30, Commonwealth Bank dropped $1.23 cents, or 1.38 per cent, to $87.69, ANZ shed 64 cents, 1.87 per cent, to $33.51 and National Australia Bank was ... |
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