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Showing 5801 - 5810 of 5949 results for "Banks"

Midday market wrap: Local shares enjoy broad-based gains

... at the close of trade yesterday. Shares in the NAB fell 95c to $31.27, bucking the trend of modest gains among the major banks. New Corporation and resource blue-chips were also higher, despite a lacklustre night on US exchanges. The bond market was ...

Afternoon market wrap: Local shares finish strongly

... 3,196.9, a new 12-month high. While the AMP closed $1.20 higher at $6.35, the NAB ended 87c lower at $31.35, dragging the other banks down amid speculation they may join the race for the AMP. News Corporation and resource bluechips also ended the day ...

NAB declares interest in AMP

... shares reached about 15% of the total or if it was an outright bid for takeover of AMP by NAB." Several of the competing banks refused to comment outright on the bid. "We are not interested in any way," said ANZ. "We are not commenting on what our competitors ...

Midday market wrap: Local shares open higher

... climbed 11.7 points to 3,179.0, more than recovering the ground lost Tuesday. News Corporation, Telstra, several of the major banks and other financial service companies helped underpin the market's revival, with AMP adding a further 11c to trade at ...

Midday market wrap: Local shares soften in morning trade

... markets overnight. At midday the All Ordinaries was 3,171.7, some 3.3 points down on last night's local close. Among the major banks only Westpac opened stronger, adding 2c to trade at $15.87. AMP also added a further 2c to trade at $4.88. But, in addition ...

Afternoon market wrap: Shares edge lower

... failing to excite investors. Foster's and AXA, which both reported today, both ended lower, as did three of the four major banks. Westpac was the only one of the big four to move ahead, adding 10c to $15.95. Bluechip resource stocks also closed mixed ...

Commonwealth Bank rules out acquiring a bank in New Zealand

... That was likely to change in the future with money becoming tighter, which would shrink demand which in turn would shrink banks' margins." -with AAP

Afternoon market wrap: Local shares end lower

... territory, the All Ordinaries eventually closed almost six points lower at 3,175.0. The market was dragged lower by the major banks, including a 96c fall in the CBA to $28.73. Among other blue-chips to endure losses on the day were miners Rio and BHP ...

Midday market wrap: Local shares push higher

... cyclically-sensitive stocks. News Corporation was 10c higher at $12.58, while AMP also recovered 8c to $4.58. The major banks were mixed, with the CBA also recovering after the sell-off in the past two days. The local bond market weakened in tandem with ...

Afternoon market wrap: Shares end at new 12-month high

... Corporation also edged higher, while AMP recovered some ground lost after release of its half-year report on Wednesday. The major banks were mixed. The Australian dollar weakened further in the local session, after succumbing to broad-based strength ...