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| | | ... million in the six months to June 30, up three per cent from $262 million at the same time last year. Meanwhile, the big banks were struggling. ANZ shares fell 95 cents to $29.40 despite posting a $4.7 billion profit for the nine months to June, citing ... |
| | | | ... cents at $36.90, Rio Tinto had added 44 cents to $62.27, and Fortescue had lifted three cents to $4.34. But among the major banks, ANZ had dipped eight cents to $29.46 and Westpac had eased three cents to $31.05, while National Australia Bank had picked ... |
| | | | ... companies have been trading at 10-times-earnings. That's way too bearish," Moore said. PM Capital also bought shares in US banks with big mortgage lending books that would benefit from a housing recovery, such as Wells Fargo and Bank of America. Moore ... |
| | | | Australian Unity Investments (AUI) has appointed Paul Banks as head of institutional business. Reporting to general manager of funds management Fiona Dunn, Banks will be responsible for building AUI's relationships with the institutional market. Banks ... |
| | | | ... cents at $36.90, Rio Tinto had added 44 cents to $62.27, and Fortescue had lifted three cents to $4.34. But among the major banks, ANZ had dipped eight cents to $29.46 and Westpac had eased three cents to $31.05, while National Australia Bank had picked ... |
| | | | ... 2.84 per cent, to $36.96, while Rio Tinto added $1.80, or 2.99 per cent, to $62.05. The story was different for the big banks, with ANZ shedding 14 cents to $29.09, Commonwealth Bank losing 19 cents to $72.66, Westpac giving up 20 cents to $30.57 and ... |
| | | | ... global financial crisis. "10% yields are not outside the realm of possibility. But the good news is that global investors, banks and central banks would be attracted like bees to a honey pot to US 10-year Treasuries yielding 8-10%. As buyers enter the ... |
| | | | ... hold its annual general meeting. In Australia, the market on Friday closed slightly lower after being dragged down by the banks despite a late rally. The benchmark S&P/ASX200 index was down 9.6 points, or 0.19 per cent, at 5,055.2 points, while the broader ... |
| | | | ... also stronger, adding 62.5 cents, or 1.78 per cent, to $35.94 while Fortescue Metals Group added 13 cents to $3.93. The big banks, however, were all weaker with ANZ losing 32 cents to $29.07, Commonwealth Bank shedding 90 cents to $72.10, NAB forgoing ... |
| | | | ... data and a strong profit result from Telstra. All sectors of the market finished strongly, with the big miners and major banks leading the way. The benchmark S&P/ASX200 index GAINED 53.5 points, or 1.07 per cent, to 5,064.8 points, while the broader ... |
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