Macquarie Earnings Surge Again as Upgrade Cycle Continues. Share Purchase Plan Looks Attractive
Macquarie Group announced another strong performance with first-half fiscal 2016 earnings up 58% on first-half fiscal 2015 to AUD 1.07 billion....
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Westpac Raises AUD 3.5 billion and Prereleases Fiscal 2015 Earnings in Line with Expectations
Westpac Banking Corporation's prereleased unaudited 3% increase in cash profit to AUD 7.8 billion for fiscal 2015 is broadly in line with...
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Macquarie Group Acquires Dealer Finance Portfolio and Upgrades Guidance Again
Macquarie Group's acquisition of the Esanda AUD 7.8 billion finance portfolio from Australia and New Zealand Banking Group adds to the company's...
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Another earnings accretive capital raise. Track record holds it in good stead.
Macquarie Group plans to raise A$400m through an institutional placement to help finance its purchase of ANZ Bank's Esanda dealer finance...
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Weekly Impressions
The key company announcement during the week in Australia came from Woodside Petroleum, that it had provided Oil Search a confidential, all scrip,...
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