Australia’s four leading banks have reported strong earnings for the six months to March this year. With National Australia Bank’s reported profits of A$2.67 billion for half-year, the four banks’ combined total profits is a record $12 billion as shown in the graphic below: Source:News.com.au In addition to rising profits, NAB and rivals have announced …
The Spanish IBEX-35 index is up 10.3% as of May 2, 2011. Fears of debt crisis that plagued Spain last year have largely subsided. The financial system has stabilized and failing cajas (savings banks) have been closed or merged with stronger peers. With one of the largest economies in Europe and strong ties countries in …
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I came across this list of 50 best blogs for following Asian business: Asian Business These blogs cover a wide range of countries and topics when it comes to business. AsiaBizBlog: Follow along with the latest news related to business in China and other Asian nations on this blog. Eye on Asia: This Bloomberg Businessweek …
The table below lists 16 foreign stocks yielding more than 7% in dividends as of May 3, 2011: [TABLE=947] Disclosure: Long SAN
After the recent financial crisis many banks have shored up their balance sheets and are now raising dividends due to increasing earnings. However some investors are still avoiding bank stocks according to a piece in the Journal yesterday. From the article: Nearly 300 banks had reduced or discontinued their dividends since 2008, saving the industry …
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