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| | | Westpac has posted strong financial results, with a 10 % increase in full year profits. In the 12 months to September 30 the group's net profit rose from $6.3 billion in 2010 to $6.9 billion, while cash earnings were also up 7 % to $6.3 billion. "It ... |
| | | | ... of the worst performing sectors on the local market. After posting a 10 per cent rise in net profit to $6.99 billion, Westpac was down 73 cents, or 3.3 per cent, at $21.21. ANZ was down 53 cents, or 2.5 per cent, at $20.83; Commonwealth Bank had lost ... |
| | | | ... giving up 88 cents, or 2.33 per cent, to $36.92. The big four banks were all weaker ahead of full year results from ANZ and Westpac this week. ANZ fell 37 cents, or 1.7 per cent, to $21.31, National Australia Bank was down 52 cents at $25.18, Commonwealth ... |
| | | | ... Commonwealth Bank Group at 92, AMP ranked 125, National Australia Bank/MLC at 148, Queensland Investment Corporation at 170 and Westpac/BT at 199. |
| | | | ... will focus on growing its exposure to the wholesale channel and leverage its competitive advantage from being part of The Westpac Group. "BTIM will also continue to build out its multi-boutique model to attract and expand into other investment capabilities ... |
| | | | ... with 23,026 contracts traded. All the local banks eased off after early morning gains but remained in positive territory. Westpac rose eight cents to $32.76, Commonwealth Bank increased 53 cents to $50.52, ANZ gained 35 cents to $22.35 and National Australia ... |
| | | | ... consider that the RBA has always made a move on interest rates on Melbourne Cup Day over the past six years. Did I hear Westpac's chief economist Bill Evan's cough "I told you so"? He was the first one (that I know of) who made the rate cut call after ... |
| | | | ... the ASX. The award for most outstanding woman in financial services went to Helen Lynch AM who is non-executive director Westpac and chair of the Russell Australasia Advisory Board. The award for most outstanding thought leader went to professor Michael ... |
| | | | ... per fine ounce, down $US30.17 from Wednesday's closing price of $US1,659.87. Banks and financials also sold off, with Westpac leading the big four banks lower after losing 45 cents, or 2.06 per cent, to $21.40. Challenger shares firmed three cents to ... |
| | | | ... or 0.8 per cent, lower at $21.19. National Australia Bank shares were 37 cents, or 1.49 per cent, lower at $24.38 while Westpac shares had given up 22 cents, or one per cent, at $21.77. Making headlines in local trade, Bionic ear-maker Cochlear says ... |
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