Published on November 3, 2010 by Technology Slice
Commonwealth Bank’s Super Sized Interest Rate Hike – The Commonwealth Bank knows its big shareholders would not stand it earning only another $6 billion this financial year. That’s the real reason Australia’s largest and most profitable institution increased its lending rates by nearly twice as much as the Reserve Bank. The other big banks are [...]
Tags: Ammo, Australian Dollar, Backlash, Canberra, Christmas Season, Commonwealth Bank, cop, Dismay, Gfc, Interest Rate Hike, Leading Bank, Margins, Parity, Peers, Percentage Point Increase, Percentage Points, Real Reason, S Brian, Shareholders, Us Currency
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Published on July 27, 2010 by Technology Slice
IAG Expected Profit Drop – Annual profit to June 30 will be $91 million, down from $181 million in fiscal 2009, IAG said in a statement on Tuesday. Insurance margins for the year to June 30 would be seven per cent, in line with guidance. IAG said it expects to announce an insurance profit of [...]
Tags: 1 Billion, Australia And New Zealand, Bodily Injury, Corporate Strategy, Deterioration, Dividend, Financial Result, Gwp, Home Markets, Iag, Margins, Mike Wilkins, Operational Performance, Outset, Perth, Profit Drop, Storms, Uk Business, Uplift, Zealand Businesses
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Published on April 28, 2010 by Technology Slice
Global Debt Worries Cause Stocks To Sink – The Australian share market has opened sharply lower after Wall Street and European markets plunged due to worsening debt problems in Greece and Portugal. Shortly after the market opened, the S&P/ASX200 index was off 83.2 points, or 1.7 per cent, at 4796.8 while the broader All Ordinaries [...]
Tags: Asx200, Australian Share Market, Debt Problems, Debt Worries, European Markets, Global Debt, Greece, Industrials, Information Technology, Margins, Portugal, Sector Basis, Share Price Index, stocks, Sydney Futures Exchange, Wall Street
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Published on April 20, 2010 by Technology Slice
Google Shares Slide – Google Inc shares fell more than 7 percent on Friday after its quarterly results came in short of expectations, leading some analysts to cut price targets on concerns about growth. Some investors also disliked Google’s decision that Chief Executive Eric Schmidt would no longer participate in earnings conference calls, even though [...]
Tags: Barclays, Barclays Capital, Brokerages, Chief Executive, Chief Executives, Earnings Conference, Eric Schmidt, Favorable Prospects, google, Google Inc, Google Search, Google Shares, Growth Momentum, Jim Mcgregor, Margins, Microsoft Corp, Price Targets, Quarterly Results, Search Business, Sequential Revenue Growth
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Published on March 9, 2010 by Technology Slice
Petrol Prices Rising – Petrol prices have returned to their pre-price war heights with the national average price of unleaded rising 3.7 cents in the week to March 7. Fresh data from the Australian Institute of Petroleum shows the price of a litre of unleaded fuel has risen everywhere except the Northern Territory. In Victoria [...]
Tags: Australian Institute Of Petroleum, Australian Motorists, Economist, Institute Of Petroleum, Litre, Major Oil Companies, Margin Pressures, Margins, Northern Territory, petrol prices, Petrol Stations, Price Changes, Price War, Profit Margin, Sebastian, Unleaded Fuel, victoria
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