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| | | Macquarie Group's annuity-style businesses are expected to return 20% higher net profit contribution for FY12 on last year's results, yet not all results were positive as the firm released its moderate outlook and plans for a share buyback. In an update ... |
| | | | ... Tuesday weaker after the central bank unexpectedly kept interest rates on hold and both National Australia Bank and Macquarie Group posted results that disappointed the market. The benchmark S&P/ASX200 index was down 21.8 points, or 0.51 per cent, at ... |
| | | | Australian GDP growth will slow this year shifting the focus back to monetary policy and Macquarie Group chief economist Richard Gibbs forecasts the RBA will respond with two more rate cuts during 2012. Gibbs was speaking at the 2012 Financial Standard ... |
| | | | ... markets. Investors are also cautious ahead of trading updates from the banks, including National Australia Bank and Macquarie Group next week, and ahead of the NAB business survey for December. "With a second RBA (Reserve Bank of Australia) cut occurring ... |
| | | | ... cent to $49.20, National Australia Bank fell 2.1 per cent to $24.09 and Westpac had lost 1.4 per cent to $21.11. Macquarie Group was down 1.7 per cent at $24.55. Of all the sectors, the strongest performers were telecoms stocks, which lost only 0.6 per ... |
| | | | ... per cent, at $5.76. In the financial sector, the big banks were up by between 0.19 per cent and 0.62 per cent. Macquarie Group was up 34 cents, or 1.4 per cent, at $24.71, while insurers were also higher, with IAG up six cents at $3.03 and Suncorp up ... |
| | | | ... Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded from A- to BBB while Macquarie Bank, which is its majority funder, remained unchanged ... |
| | | | ... among the S&P/ASX20, falling 4.4 per cent, or 97 cents, to $21.11 after the stock went ex-dividend on Monday. Macquarie Group posted the next largest decline, down three per cent, or 71 cents, at $23.29. In terms of the big retail banks, CBA was down ... |
| | | | ... volatility for its advised and intermediary businesses, recording a half year to net profit of $137 million while Macquarie Group suffered a 24% profit decline. The Macquarie Banking and Financial Services Group (BFS) said this result was in line with ... |
| | | | ... has cost it $68 million. Qantas opened up two cents, at $1.59, and stayed there during morning trade. Meanwhile, Macquarie Group has downgraded its 2012 forecast after financial market volatility and uncertainty led to reduced income and a 24 per cent ... |
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