CBAUF News and Press, Cmnwlth Bk Australia From 02/14/24

2024-02-14 08:15:00 ET Summary Markets continued to go higher in early 2024 with the Dow adding 0.4% and the S&P remaining flat in January. Interest rates were kept steady again in a range of 5.25% to 5.5% with the market now projecting fewer hikes this year as the economy rem...

2024-02-05 13:53:46 ET Summary The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver regular income through dividends received on its por...

2024-01-26 02:00:35 ET Summary Stocks in Australia have been trading in the same range since 2020, but a breakout upwards is overdue. Bond yields have been rising in line with central bank interest rates, presenting an opportunity to buy bonds at par value with yields upwards of 4...

2024-01-10 08:20:00 ET Summary The S&P500 delivered a strong year-end rally, gaining 4.5% in December and 26.3% for the year. Interest rates were kept steady in a range of 5.25% to 5.5% with the market expecting up to 6 decreases in 2024. Net investments of around $1,500 i...

2023-12-19 07:58:12 ET Summary It is challenging for Commonwealth Bank of Australia to achieve a balance between growth and profitability. CBA's valuations are unappealing, considering its P/E multiple of 19.3 times and its P/B ratio of 2.56 times. I lower my rating for Common...

2023-11-15 08:10:00 ET Summary S&P 500 and Dow Jones dropped for the third straight month in October, just before staging a remarkable reversal in November. Interest rates were kept steady again in a range of 5.25% to 5.5%, and it is uncertain if 2023 will see yet another hike...

2023-10-18 08:15:00 ET Summary The S&P 500 and Dow Jones Industrial Average saw sharp losses for the month and the quarter. Interest rates were kept steady in a range of 5.25% to 5.5%, and it is uncertain if 2023 will see yet another hike. Net investments of around $1,500 ...

2023-09-14 08:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw slim positive returns in August. The Federal Reserve approved a quarter-point interest rate hike to combat rising inflation, with interest rates hitting a range of 5.25% to 5.5%. Net investmen...

2023-08-17 11:38:46 ET More on Commonwealth Bank of Australia Seeking Alpha’s Quant Rating on Commonwealth Bank of Australia Earnings data for Commonwealth Bank of Australia For further details see: Commonwealth Bank of Australia goes ex-dividend tomorrow

2023-08-09 11:38:08 ET Commonwealth Bank of Australia press release ( OTCPK:CBAUF ): FY GAAP EPS of A$6.02. Total operating income of A$27.24B (+10.3% Y/Y). For further details see: Commonwealth Bank of Australia GAAP EPS of A$6.02, Total operating income o...