Wayne Swan Thinks He Will Keep Banks Honest

Published on November 3, 2010 by Technology Slice

Wayne Swan Thinks He Will Keep Banks Honest – Mr Swan’s comments come after the Commonwealth Bank yesterday increased its standard variable interest rate by almost double that of the Reserve Bank. The Federal Government is under pressure after Opposition Treasury spokesman Joe Hockey’s vowed to unveil a nine-point plan last week to reign in [...]

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NAB Profit Over $4 Billion

Published on October 27, 2010 by Technology Slice

NAB Profit Over $4 Billion – NAB shares rose in early trading, gaining as much as 2.8 per cent, or 70 cents, to $25.45. By late afternoon, though, the shares had trimmed their advance to be up 47 cents, or 1.9 per cent, to $25.22, while the overall market was off about 0.9 per cent. [...]

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Apple Earnings Up 60%

Published on July 21, 2010 by Technology Slice

Apple Earnings Up 60% – Income for Apple have soared by 61% to 15 700 million by selling 8.4 million iPhone’s over the last three months.Apple up over 4% in after hours.Apple and Yahoo, two of the titans of Silicon Valley, today presented his quarterly accounts, and while the first was surprised again with its [...]

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Virgin Blue Profit Increase

Published on February 24, 2010 by Technology Slice

Virgin Blue Profit Increase – Virgin Blue delivered a better than expected result, returning to profit in the first half of the financial year after keeping a tight lid on costs. The airline posted a first half net profit after tax of around $63 million which is a 162 per cent turnaround from the loss [...]

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Billabong Profit Falls

Published on February 19, 2010 by Technology Slice

Billabong Profit Falls – BILLABONG International has posted a 15 per cent fall in first half net profit and reaffirmed its full year guidance. Net profit for the six months ended December 31, 2009 was $69.7 million, compared to $82.4 million in the previous corresponding half. The result was down 7.6 per cent in constant [...]

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