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Showing 2071 - 2080 of 3560 results for westpac

Big four banks downgraded

ELISE BURGESS, CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 DEC 2011
... reduce borrowing costs for European lenders, which may limit the impact of the region's debt crisis. Fletcher Building, Westpac and Australia & New Zealand Banking Group rose. The NZX 50 Index gained 7.104 points, or 0.2 per cent, to 3277.309. Within ...

Market Wrap

AAP  |  WEDNESDAY, 30 NOV 2011
... Australia Bank was up 27 cents, or 1.17 per cent, at $23.37, ANZ had gained 33 cents, or 1.69 per cent, at $19.84 and Westpac was three cents higher at $20.48, while Commonwealth Bank was down 11 cents, or 0.23 per cent, at $47.26. On the wider market ...

Market Wrap

AAP  |  TUESDAY, 29 NOV 2011
... putting on 21 cents, or 1.09 per cent, to $19.41. National Australia Bank lifted 15 cents, or 0.66 per cent, to $22.89, Westpac jumped 10 cents, or 0.49 per cent, to $20.36 and Commonwealth Bank added just four cents, or 0.09 per cent, to $46.93. Rio ...

Market Wrap - Midday

AAP  |  MONDAY, 28 NOV 2011
... were higher, with financials particularly strong. National Australia Bank was up 81 cents, or 3.7 per cent, at $22.63, Westpac rose by 58 cents, or 2.97 per cent, to $20.08, Commonwealth Bank added $1.47, or 3.24 per cent, to $46.86, and ANZ was 36 cents ...

Market Wrap - Midday

AAP  |  FRIDAY, 25 NOV 2011
... than one per cent, with the Commonwealth Bank down 37 cents to $46.23. National Australia Bank lost 56 cents to $21.68, Westpac was off 36 cents at $19.39 and ANZ shed 29 cents to $18.72. The major miners were also lower. BHP Billiton was down 38 cents ...

Market Wrap

AAP  |  THURSDAY, 24 NOV 2011
... 34 cents, or 0.55 per cent, at $62.64. Among the major banks, National Australia Bank had gained four cents to $22.41, Westpac gained one cent to $19.84, ANZ had lost two cents at $19.08, and Commonwealth Bank was up 28 cents at $46.55. In other news ...

Westpac Group restructure, Coombe resigns

CLAIRE MCGREAL  |  THURSDAY, 24 NOV 2011
Westpac has announced a major group structural shake-up, which sees the creation of two new divisions, senior appointments and the resignation of group executive Rob Coombe. The new Australian Financial Services (AFS) division combines Westpac Retail ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 23 NOV 2011
... Rio Tinto had slid 80 cents at $63.70. Among the major banks, National Australia Bank had retreated 37 cents to $22.76, Westpac gave away 25 cents to $20.11, ANZ had lost 27 cents at $19.27, and Commonwealth Bank was 47 cents lower at $46.93. Property ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 NOV 2011
... were mostly lower. ANZ was down 18 cents at $19.57, CBA had fallen 29 cents to $47.26, NAB was off 28 cents at $22.92 and Westpac bucked the trend rising one cent to $20.43. National turnover was 1.02 billion securities worth $1.72 billion, with about ...