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Macquarie shares slide on profit news

Investment bank Macquarie Group says its second-half profit could be as much as 10 per cent higher than its first-half earnings, if economic conditions around the world continue to improve. Macquarie Group 's first-half earnings came in at $479 million. The company's chief

Moore"s mood lifts as Macquarie evolves

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It was a more relaxed and confident Nicholas Moore who fronted Macquarie Group’s annual operational briefing this morning. Whilst expressing the group’s customary caution about the short-term outlook, especially given the slippage in equity markets in the past weeks, it was obvious
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Macquarie shares slide on profit news

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Macquarie Group's first-half earnings came in at $479 million. The company's chief executive, Nicholas Moore, has briefed financial market analysts in a trading update, saying Macquarie Group's bottom line is in good health. "In terms of our balance sheet, these themes you'll be familiar with
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Commonwealth Bank poised for dividend rise

The first half dividend is expected to be raised by as much as 23c a share when Commbank reports a much improved net profit of $2.9 billion for the six months to December 31 on Wednesday. After a tough 18 months in the wake of the global financial crisis, the country's biggest bank by market

Commonwealth Bank poised for dividend rise

The first half dividend is expected to be raised by as much as 23c a share when Commbank reports a much improved net profit of $2.9 billion for the six months to December 31 on Wednesday. After a tough 18 months in the wake of the global financial crisis, the country's biggest bank by market

Berlusconi casts doubt on clunker scheme

AP Premier Silvio Berlusconi on Thursday cast doubt on the future of Italy's cash-for-clunkers scheme, as the government squares off with automaker Fiat over the company's plan to shut down a major factory. The incentives program has become a sort of bargaining chip as the government

Insurance Australia Group recovers

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An 18-month overhaul of Insurance Australia Group and the fortuitous arrival of calmer weather that has reduced damage-related payouts will underpin the first major boost in annual net profits at the insurer in three years. IAG's shares jumped 4.5 per cent - by 17c to $3.96 - after it
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