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Showing 241 - 250 of 394 results for "Commonwealth Bank of Australia"

Market Wrap - Morning

AAP  |  TUESDAY, 4 NOV 2008
... meeting, when it is expected to lower the overnight cash rate by 50 basis points to 5.5 per cent. The Commonwealth Bank of Australia/Australian Chamber of Commerce and Industry business expectations survey for September quarter will be released. On the ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
... chief executive Andrew Michelmore addresses the Australia-Britain Chamber of Commerce lunch at the Commonwealth Bank of Australia in Melbourne. Yesterday, the Australian share market shrugged off coordinated interest rate cuts by the world's central ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 OCT 2008
... gains after heavy losses in the US overnight and resources are trading lower," Ms Spencer said. Commonwealth Bank of Australia shares remain in a trading halt following the bank's announcement this morning of its agreement to purchase two local arms ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The Commonwealth Bank of Australia has purchased BankWest and St Andrew's Australia for $2.1 billion. Commonwealth Bank is determined to keep its strong capital position and intends to fund the purchase price by undertaking a $2 billion accelerated ...

Market Wrap - Midday

AAP  |  TUESDAY, 7 OCT 2008
... our banks need to be seen to be strong," Bell Potter Brisbane senior adviser Stuart Smith said. Commonwealth Bank of Australia Ltd says it has begun exclusive negotiations with HBOS plc to buy BankWest. "Whilst discussions are continuing, the parties ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 OCT 2008
... of volume yesterday which means there wasn't a lot of confidence." Reports circulated today that Commonwealth Bank of Australia had made a bid for BankWest, the local arm of troubled British bank, HBOS. CBA denied these reports before market opening. ...

Market Wrap - Midday

AAP  |  TUESDAY, 30 SEP 2008
... target St George Bank falling 6.03 per cent, or $1.85, to $28.85. The nation's largest lender, Commonwealth Bank of Australia, was $1.31 or 2.99 per cent weaker at $42.56. National Australia Bank plummeted $1.29, or 5.02 per cent, to $24.40, while ANZ ...

Market Wrap - Midday

AAP  |  MONDAY, 29 SEP 2008
... target Rio Tinto had dropped $3.37, or 3.34 per cent, to $97.63. The financial sector was weaker. Commonwealth Bank of Australia fell eight cents to $44.35, ANZ Banking Group lost ten cents to $18.90, Westpac reversed 14 cents to $23.84 and its takeover ...

Market Wrap - Midday

AAP  |  TUESDAY, 23 SEP 2008
... trust (A-REIT) and healthcare sectors which were the key underperformers. In commercial banking, Commonwealth Bank of Australia lost 46 cents, or 1.03 per cent, to $44.14, while Westpac Banking Corporation was off 53 cents, or 2.15 per cent to $24.17. ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 SEP 2008
... Chapter 11 bankruptcy protection after failing to find a buyer during a weekend of crisis talks. Commonwealth Bank of Australia says it has exposure to the collapsed New York investment bank Lehman Brothers amounting to no more that $150 million. Lehman ...