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Showing 2851 - 2860 of 2907 results for "Commonwealth Bank"

Midday Market Wrap: Dollar gets handle over 70 US cents

AAP  |  FRIDAY, 24 OCT 2003
... The local unit reached a high of $US0.7037 yesterday before falling sharply back to 0.6965 in London trade. Commonwealth Bank senior economist Michael Workman said the Australian dollar had rebounded surprisingly well. "I thought it would be like when ...

Afternoon market wrap: Stronger dollar hurts stocks, lifts bonds

... cents to $18.30. National Australia Bank shed 26 cents to $31.18, Westpac was 16 cents poorer at $16.35 and the Commonwealth Bank was nine cents lower at $27.85. Meanwhile, the Australian bond market rallied today as Japanese equities tumbled and an ...

Midday Market Wrap: No market effect from low CPI data

... At 1200 AEST the Australian dollar was trading at $US0.6988/93 compared with yesterday's close of 0.6939/44. Commonwealth Bank currency strategist Alex Schuman said after such an aggressive move in overnight markets the Australian dollar was modestly ...

Sealcorp chief quits

AAP  |  WEDNESDAY, 22 OCT 2003
... officer Michael Stefanovski, four months after its chief executive Graham Bradley resigned. Earlier this year, Commonwealth Bank of Australia's head fund manager Chris Cuffe and one of Westpac Banking Corp's top investors, Andrew Brown, both left their ...

Afternoon market wrap: Australian shares close at new highs

... Most of the major banks pushed higher, with the National Australia Bank rising 14 cents to $31.41 while the Commonwealth Bank added four cents to $28.01 and ANZ gained six cents to $18.26. Westpac dipped three cents to $16.53. Among other financial services ...

S&P affirms ratings on CFS Gandel Retail Trust

AAP  |  TUESDAY, 21 OCT 2003
... center acquisition. The $503 million acquisition will be financed via a 50-50 joint venture (JV) arrangement with Commonwealth Bank of Australia. Under the terms of the JV, CBA will receive a fixed-income return from the asset ahead of equity returns ...

No rate increases in near future: banks

AAP  |  THURSDAY, 16 OCT 2003
... come as a relief to Australians with home loans, the head of the St George Bank and a senior executive from the Commonwealth Bank of Australia both said yesterday they did not expect official interest rates to rise in the near future. Michael Cameron ...

Afternoon Market Wrap: Bank rebound offsets resources sector

... futures contract was 94.315 from 94.320 at yesterday's close and the three-year contract was steady at 94.55. Commonwealth Bank fixed income strategist Peter Munckton said the good run that equities had achieved in recent days had weakened the bond market ...

Midday Market Wrap: Dollar strong, bonds weaker

... yesterday's close of 0.6840/45. The Australian dollar hit a low of $US0.6830 and a high of 0.6913 this morning. Commonwealth Bank senior economist Michael Workman said the Australian dollar was showing volatility, around and under the $US0.6900 level ...

Afternoon Market Wrap: AXS hits 16-month high

... to raise cash to participate in the stronger overall market. National Australia Bank fell 14 cents to $30.85, Commonwealth Bank of Australia dropped 12 cents to $28.21, ANZ was three cents lower at $18.19 and Westpac Banking Corp was three cents weaker ...