ASX:WBC

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ASX:WBC

Outlook: Aus shares set for weak start

14 Dec 2011 - Aus shares set for weak start. Analysts earmark ANZ Banking Group (ASX:ANZ) as the best placed to pick up Asian assets from European banks looking to offload assets i…

Outlook: ASX set to open lower

09 Dec 2011 - ASX set to open lower. Westpac Banking Corporation (ASX:WBC) is the last of the big four banks to pass on the Reserve Bank’s rate cut.

Outlook: Aus shares set for cautious start

08 Dec 2011 - Aus shares set for cautious start. Conflicting reports emerge over the status of Woodside Petroleum Ltd's (ASX:WPL) $30 billion Browse LNG project in WA.

S&P downgrades Bank of Queensland

07 Dec 2011 - Standard & Poor's downgrades Bank of Queensland Ltd's (ASX:BOQ) credit rating and calls its funding profile "below average".

Outlook: ASX eyes gains on mixed leads

07 Dec 2011 - ASX eyes gains on mixed leads. Westpac's (ASX:WBC) 60 per cent owned wealth management arm, BT Investment Management Ltd (ASX:BTT), says it faces an uncertain outlook…

Midday: Aus shares up

05 Dec 2011 - Aus shares up. The Federal Court has ruled that some penalty fees charged by Australia and New Zealand Banking Group Limited (ASX:ANZ) are unacceptable and need to be…

Michael Gable- Increasing yields

05 Dec 2011 - Investment advisor Michael Gable takes a technical look at S&P/ASX200, KAR, LYC, ANZ, WBC.

Outlook: ASX set for flat start

02 Dec 2011 - ASX set for flat start. Australia and New Zealand Banking Group (ASX:ANZ), Commonwealth Bank of Australia (ASX:CBA), National Australia Bank Ltd (ASX:NAB) and Westpac…

Market Wrap: Aus shares up on central bank action

01 Dec 2011 - Aus shares up on central bank action. Foster's Group Ltd (ASX:FGL) shareholders have approved SABMiller’s takeover bid.

Westpac economist predicts 3 rate cuts in 2012

01 Dec 2011 - Westpac's (ASX:WBC) London-based senior economist, James Shugg, predicts a series of rate cuts amid what he believes is an imminent global catastrophe.

Midday: Aus shares rally

28 Nov 2011 - Aus shares rally. Hanlong Mining's told Sundance Resources Limited (ASX:SDL) it won't receive the Highly Confident Letter from China Development Bank due today, and h…

Market Wrap: Aus shares flat despite EU fears

24 Nov 2011 - Aus shares flat despite EU fears. Murchison Metals Ltd (ASX:MMX) has struck a $325 million deal with joint-venture partner Mitsubishi Corp over the sale of its stake …

Westpac unveils new management structure

24 Nov 2011 - Westpac Banking Corporation (ASX:WBC) unveils a new management structure and the creation of two new divisions.

Westpac CEO cautions of contagion

23 Nov 2011 - Westpac Banking Corporation's (ASX:WBC) chief cautions Australia's economic security is being threatened by the eurozone's debt crisis.

NAB opens first branch in China

22 Nov 2011 - National Australia Bank Ltd (ASX:NAB) opens its first branch in China after securing Chinese regulatory approvals in June.

Midday: Aus shares slip

21 Nov 2011 - Aus shares slip into red. Paladin Energy Limited (ASX:PDN) has been the best performing stock on the ASX 200 this morning. Chief executive John Borshoff has pledged a…

Market Wrap: ASX ends volatile week higher

11 Nov 2011 - ASX ends volatile week higher. The European Union cuts the growth forecast of its 27 member nations and warns of the risk of a deep and prolonged recession.

Midday: Aus shares dip on EU dramas

07 Nov 2011 - Aus shares dip on EU dramas. Computershare Ltd (ASX:CPU) jumps on news US regulators have granted the share registry approval to acquire Bank of New York Mellon's inv…

Outlook: Aus shares set to gain on ECB cut

04 Nov 2011 - Aus shares set to gain on ECB cut. The Westpac Banking Corporation (ASX:WBC) chief says the bank’s justified in making structural changes given a period of low growth…

Market Wrap: Aus shares dip ahead of G20

03 Nov 2011 - Aus shares dip ahead of G20. Australia and New Zealand Banking Group (ASX:ANZ) posts a full-year cash profit of $5.65 billion.

Market Wrap: Aus shares down 1.14%

02 Nov 2011 - Aus shares down 1.14%. National Australia Bank (ASX:NAB) lowered its standard variable rate by only 20 points, whereas the other big three lowered theirs by the 25 po…

Midday: EU bailout doubts sink Aus shares

02 Nov 2011 - EU bailout doubts sink Aus shares. ANZ Banking Group (ASX:ANZ) and National Australia Bank Ltd (ASX:NAB) announce they will follow the Reserve Bank of Australia with …

Westpac FY cash and net profit grows

02 Nov 2011 - Westpac Banking Corporation (ASX:WBC) delivers a 7 per cent increase in its annual cash profit and a 10 per cent rise in statutory net profit.

Market Wrap: Aus shares fall, RBA cuts rates

01 Nov 2011 - Aus shares fall, RBA cuts rates. Westpac Banking Corporation (ASX:WBC) Commonwealth Bank of Australia (ASX:CBA) and Bank of Queensland Ltd (ASX:BOQ) cut their rates a…

Midday: Aus market down before RBA decision

01 Nov 2011 - Aus market down before RBA decision. Telstra Corporation Limited (ASX:TLS) may have its structural separation process sped up, now the Australian Competition and Cons…