ASX:WBC

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ASX:WBC

Westpac Q1 cash profit dips 3%

16 Feb 2012 - Westpac Banking Corporation's (ASX:WBC) first quarter cash profit comes in below market expectations, dipping 3.2 per cent to $1.5 billion.

Outlook: Greek concerns to weigh on ASX

16 Feb 2012 - Greek concerns to weigh on ASX. Billabong International Limited (ASX:BBG) has reportedly received a $766 million takeover offer from a private equity suitor.

Outlook: ASX set to open flat

14 Feb 2012 - ASX set to open flat. Commonwealth Bank of Australia (ASX:CBA) raises its standard variable mortgage rate by 10 basis points to 7.41 per cent.

Outlook: Aus shares look to pull back

13 Feb 2012 - Aus shares look to pull back. Westpac Banking Corporation (ASX:WBC) joins ANZ Banking Group (ASX:ANZ) and lifts its home loan and small business rates independent of …

Market Wrap: ASX down before US jobs data

03 Feb 2012 - ASX down before US jobs data. Speculation mounts more job cuts could be imminent after Westpac Banking Corporation (ASX:WBC) cuts 560 positions.

Outlook: Aus shares to open flat

03 Feb 2012 - Aus shares to open flat. Qantas Airways Limited (ASX:QAN) will increase domestic Qantas and QantasLink fares from February 9 to reflect higher fuel costs.

Market Wrap: ASX ends 1% higher

02 Feb 2012 - ASX ends 1% higher. Wesfarmers Limited (ASX:WES) owned Coles has outpaced Woolworths again in sales from existing stores, reporting food and liquor sales of $7.3 bill…

Market Wrap: ASX lower despite China data

01 Feb 2012 - ASX lower despite China data. Proceedings have been issued against Westpac Banking Corporation (ASX:WBC) on behalf of 10,500 customers of St George Bank and BankSA re…

Westpac may break with RBA rate

27 Jan 2012 - Westpac Banking Corporation (ASX:WBC) could be the first Australian bank to move interest rates independently of the Reserve Bank.

Midday: ASX shrugs off IMF downgrade

25 Jan 2012 - ASX shrugs off IMF downgrade. Bandanna Energy Limited (ASX:BND) confirms it is in talks with companies regarding the joint development of its key Bowen Basin projects…

Outlook: IMF lowers global growth forecast

25 Jan 2012 - IMF lowers global growth forecast. The gap between banking customer satisfaction ratings is closing, with National Australia Bank Limited (ASX:NAB) knocking ANZ Banki…

Chinese growth forecasts for 2012

20 Jan 2012 - Q4 Growth data from China adds fuel to The World Bank and Westpac's forecasts that Chinese growth will slow in 2012. Quarterly mining and energy production reports re…

Midday: ASX up 0.54%

20 Jan 2012 - ASX up 0.54%. Westpac Banking Corporation (ASX:WBC) is trading slightly higher at midday. The bank has told media it plans to sell Australian dollar-denominated cover…

CBA cutting regional branch hours

20 Jan 2012 - Commonwealth Bank of Australia (ASX:CBA) is reportedly cutting opening hours at regional branches but says it’s not following ANZ (ASX:ANZ) or Westpac (ASX:WBC) in sl…

Bill Evans bets on global stimulus in 2012

20 Jan 2012 – Westpac Banking Corporation’s (ASX:WBC) Global Head of Economics, Bill Evans, provides forecasts for Australian growth, interest rates and house prices and predicts a…

Market Wrap: Aus shares close flat

19 Jan 2012 - Aus shares close flat. Lynas Corporation Limited (ASX:LYC) was the best performer on the ASX200 for most of the trading day upon investor speculation it will be grant…

Outlook: Wall St lead to boost ASX

19 Jan 2012 - Wall St lead to boost ASX. Reports emerge Westpac Banking Corporation (ASX:WBC) is preparing to slash 600 jobs this year after cutting more than 700 jobs last year.

Market Wrap: Miners steady market

18 Jan 2012 - Miners steady market. Analysts say Telstra Corporation (ASX:TLS) is unlikely repeat its strong 2011 performance this year. BHP Billiton Limited (ASX:BHP) says it’s r…

Financials to lead ASX

18 Jan 2012 - Investment advisor Gary Glover takes a technical look at All Ords, S&P/ASX 20, Dow Jones, FTSE, S&P/ASX 200 Financials, CBA, WBC, WES, TAH, JBH, ASL, CPL, GBG, and CV…

Westpac dispute with Corum ends

11 Jan 2012 - An almost five-year-old dispute between Westpac Banking Corporation (ASX:WBC) and acquisition company Corum Group (ASX:COO) has been settled.

Midday: ASX starts 2012 1% higher

03 Jan 2012 - ASX starts 2012 1% higher. Westpac Banking Corporation (ASX:WBC) reclassifies more than $28 billion in property loans after errors are detected.

Outlook: Aus shares tipped to bounce

21 Dec 2011 - Aus shares tipped to bounce. Westpac Banking Corporation (ASX:WBC) vows to defend a class action against all the Big Four banks over allegedly exorbitant customer fee…

Michael Gable -Iron ore stocks worth watching

19 Dec 2011 -Investment advisor Michael Gable takes a technical look at ANZ, WBC, AGO, FMG, MGX, GRR, AQA.

Big Four banks hit with class action

19 Dec 2011 - Commonwealth Bank (ASX:CBA), NAB Ltd (ASX:NAB) Westpac (ASX:WBC) and Citibank will join ANZ (ASX:ANZ) as the subject of legal proceedings against exorbitant customer …

Uncertainty weighs on Westpac revenues

14 Dec 2011 - Westpac Banking Corporation (ASX:WBC) says global uncertainty and market volatility continue to weigh on revenues from its markets.