Westpac Banking Corporation (WBK) - NYSE
  • May 4, 2015, 10:34 AM
    • H1 profit of A$3.778B was flat from a year ago, but shy of expectations for A$3.85B.
    • It's the first earnings report since Brian Hartzer replaced Gail Kelly as CEO in February. Westpac (WBK -3.2%) also boosted its dividend by a penny, half of the usual minimum hike.
    • Goldman downgrades to Neutral from Buy.
    | May 4, 2015, 10:34 AM | 1 Comment
  • Sep. 17, 2014, 11:03 AM
    • BB&T upgrades Bank of the Ozarks (OZRK +1.7%) to Buy with $39 price target.
    • DA Davidson upgrades MB Financial (MBFI +1%) to Buy with $33 price target.
    • Westpac Banking (WBK -2.9%) is downgraded by Macquarie to Neutral..
    | Sep. 17, 2014, 11:03 AM
  • Apr. 29, 2014, 10:00 AM
    • BAML falls further out of love with Australia's Westpac Banking (WBK -0.8%), cutting to Underperform from Neutral. It was less than two months ago when the team downgraded the name to Neutral from Outperform.
    • Yesterday, Citigroup pulled its Buy rating on the stock.
    • There's been no specific news of late, and the moves could be valuation calls after about a 20% run for the shares over the last three months.
    | Apr. 29, 2014, 10:00 AM
  • Aug. 19, 2013, 12:45 PM
    | Aug. 19, 2013, 12:45 PM | 2 Comments
  • May 1, 2012, 6:50 AM

    The Australian dollar is hammered - off 1.1% against the greenback - after the RBA cut rates by a greater-than-expected 50 basis points overnight. The central bank's statement is notable for its emphasis on Europe, not China, as a threat to the Aussie economy. Sydney +0.8%.

    | May 1, 2012, 6:50 AM
Company Description
Westpac Banking Corp. provides a broad range of banking and financial services, which includes retail, business and institutional banking and wealth management services. The company operates its business through the following segments: Australian Financial Services, Westpac Institutional Bank... More
Sector: Financial
Industry: Foreign Money Center Banks
Country: Australia