Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 971 - 980 of 2907 results for "Commonwealth Bank"

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
... in the late 1980s," he said. Australian banks have been "phenomenal performers over the past 20 years," with Commonwealth Bank (CBA) going from $2 per share at its float in 1991 to $82 today. However, "past performance is no indication of future performance," ...

Market Wrap PM

AAP  |  WEDNESDAY, 13 MAY 2015
... sales. Among the banks, ANZ added 23 cents to $32.64, National Australia Bank was 58 cents higher at $35.12 and Commonwealth Bank was 51 cent stronger at $83.39. Westpac was down 78 cents to $33.28, after going ex-dividend. BHP Billiton gained three ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Former ANZ advice director Paul Barrett has acquired Commonwealth Bank-owned Eureka Whittaker Macnaught through his financial planning business AZ Next Generation Advisory (AZ NGA). This is the group's first acquisition, but Barrett confirmed that it ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... returns, but to rebuild consumer's trust in their model. Recent analysis by EY of the quarterly results for Commonwealth Bank (CBA), ANZ, National Australia Bank (NAB) and Westpac argued: "Managing conflicts in vertically integrated operations, professional ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
... The market suffered its biggest one-day fall in two years on Wednesday when it dropped 2.3 per cent due to the Commonwealth Bank's soft quarterly profit and Woolworths' weak third-quarter sales result. The last of the big four banks, the National Australia ...

Market Wrap AM

AAP  |  THURSDAY, 7 MAY 2015
... shopping centres. In Australia, the market on Wednesday suffered its biggest one-day fall in two years after Commonwealth Bank and Woolworths results spooked investors. The S&P/ASX200 index plummeted by 2.3 per cent on Wednesday, marking the steepest ...

CBA shares down on flat profit

AAP  |  WEDNESDAY, 6 MAY 2015
Commonwealth Bank shares have fallen to their lowest level in more than three months after it posted a flat $2.2 billion quarterly cash profit. The bank attributed the flat March quarter result to an increase in costs and strong competition for loans. ...

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
A disappointing quarterly result from the Commonwealth Bank is weighing down the broader share market. The share price of Australia's biggest listed company plummeted by $2.99, or 3.39 per cent, to $85.15, after it post a flat $2.2 billion cash profit ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 MAY 2015
... HIA new home sales for March is due out. And in equities news, News Corp releases third quarter earnings, the Commonwealth Bank issues its March quarter trading update and Woolworths releases its third quarter sales results. In Australia, the market ...

Market wrap

AAP  |  TUESDAY, 5 MAY 2015
... expecting. At 1200 AEST, shares in ANZ jumped 3.75%, or $1.24. Westpac was up eight cents, or 0.22%, to $35.58, Commonwealth Bank gained $1.27 cents, or 1.44%, to $89.28, and National Australia Bank added 30 cents, or 0.83%, to $36.59. The major miners ...