WBK News and Press, Westpac Banking Corporation From 09/12/19

Mr Peter King, CFO of Westpac Banking (NYSE: WBK ) plans to retire in 2020. More news on: Westpac Banking Corporation, Financial stocks news Read more ...

The purpose of this article is to assess the macro-fiscal flows for Australia and determine what effect these flows will have on the stock market and the economy. Three macro flows influence the markets and economy, and these are national government spending, the current account, and bank cr...

Asia-Pacific: The Week Ahead (May 13-17) The Reserve Bank of Australia ((RBA)) surprised many in the market Tuesday with its decision to leave its cash rate unchanged, despite recent weakness in the country’s rate of inflation. The RBA’s board elected at the conclusion to its...

Asia-Pacific: The Week Ahead (Apr 29-May 3) Lackluster consumer prices in Australia have spurred many in the market to think the Reserve Bank of Australia may well cut its cash rate in the near-term. A slower-than-expected rate of inflation in the first-quarter of 2019 spurred a plunge i...

Asia-Pacific: The Week Ahead (Apr 22-26) Market participants in the week ahead are set to receive fresh Australian inflation figures, as the country’s central bank begins to explore the potential for a cut to its cash rate. In the latest release of the Reserve Bank of Australia&#x...

With property prices falling, and consumer spending (which accounts for approximately 60 percent of Australian GDP) also showing signs of weakness, Australia has technically fallen into a “ per-capita recession ”. Over the past six months, we see that Westpac ( WBK ) – a...

Main Thesis The purpose of this article is to evaluate Westpac Banking Corp. ( WBK ) as an investment option at its current market price. While WBK presents a value opportunity, with a low P/E and high dividend yield, other factors make me leery of recommending the stock. The macroeconomic s...

Interactive Brokers - Asia-Pacific: The Week Ahead (Mar 11-18) The week ahead in the Asia-Pacific region will be somewhat light on economic releases, however several updates are due out of Australia, including business and consumer confidence, as well as housing data. The fresh reports f...

Today's Top Stories: Europe stocks rise, U.S. set to open in the green; EU businesses at weakest growth rate since mid-2013; and Alphabet drops after hours in wake of Q4 report. If you are interested in listening to Wall Street Breakfast to start your day, look for us in the following...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on iTunes , Stitcher and SoundCloud (click the highlighted links). Stoxx Europe 600 Index is up for the sixth straight day and has risen 0.7% , and FTSE 100 Index has gained 1.1% ...