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Showing 1871 - 1880 of 3560 results for westpac

Market Wrap - PM

AAP  |  MONDAY, 12 NOV 2012
... four major banks were all higher. ANZ was up 10.5 cents to $24.665, National Australia Bank gained nine cents to $23.90, Westpac added 28 cents to $25.45 and Commonwealth Bank put on 11 cents to $58.93. National turnover was 625 million securities worth ...

Market Wrap - PM

AAP  |  FRIDAY, 9 NOV 2012
... Fortescue lost 6.5 cents to $3.875. ANZ Bank dropped six cents to $24.31, National Australia Bank plunged $1.09 to $23.78 and Westpac dived $1.08 to $24.85. However, the Commonwealth Bank gained seven cents to $58.25. In economic news on Friday, the ...

Light-years before Macquarie and YBR bother banks

MARK SMITH  |  FRIDAY, 9 NOV 2012
... to Australia's big four banks. Under the deal, Yellow Brick Road will try to undercut the likes of Commonwealth Bank, Westpac, ANZ and NAB by as much as 1.15% on all new home loans for the first 12 months. While Yellow Brick Road chairman Mark Bouris ...

Big four prepare market for annus horribilis 2013

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... chiefs, analysts and investors alike have focused on concerns about the sustainability of returns in a tough environment. Westpac rounded off the reporting season yesterday by announcing a net profit of $5.97 billion, slightly ahead of ANZ's $5.66 billion. ...

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
Westpac's batten-down-the-hatches approach balance sheet management means it's better suited than its rivals to weather future financial storms. The bank is just emerging from a period of consolidation. Jobs have been cut and efficiencies made but the ...

Market Wrap

AAP  |  MONDAY, 5 NOV 2012
The Australian stock market has opened mixed, with Westpac among the big early movers after reporting a fall in full year net profit. At 1025 AEDT on Monday, the benchmark S&P/ASX200 index was down 5.8 points, or 0.13 per cent, at 4,454.3 points, while ...

Westpac warns tough year ahead

MARK SMITH  |  MONDAY, 5 NOV 2012
Westpac's full-year statutory net profit has fallen 15% to $5.97 billion owing to a one-off tax benefit last year. The tax gain is related to the bank's takeover of St George, which pushed last year's profit artificially higher and made this year's ...

Results show strong momentum: BT Financial Group

BEN COLLINS  |  MONDAY, 5 NOV 2012
... Insurance sales and adviser growth show strong business momentum, despite cash earnings being down on last year, said Westpac-owned BT Financial Group. Life insurance sales were up 30%, compared with 14% for the market in 2012, it said after announcing ...

Market wrap early AM

AAP  |  MONDAY, 5 NOV 2012
... trade in goods and services for September, plus retail trade for September are all due to be released. In equities news, Westpac Banking Corporation is expected to post full-year results. In Australia, the market on Friday finished flat despite positive ...

Market Wrap

AAP  |  THURSDAY, 1 NOV 2012
... weaker at $56.495 and Fortescue had lost six cents $4.02. Banks were also down, with NAB dropping 25 cents to $25.54, Westpac down 18 cents at $25.33, Commonwealth Bank off seven cents at $57.68 and ANZ four cents weaker at $25.42. Mr Audencial said ...