Qantas first-half profit drops, announces new A$400 million stock buyback businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
(Reuters) -Australia's flag carrier Qantas Airways Ltd on Thursday posted a 12.8% fall in first-half profit and announced an additional on-market stock buyback of up to A$400 million. That marginally missed a consensus estimate of A$1.26 billion, according to Jefferies. Henry Jennings, a senior analyst at Marcustoday Financial Newsletter, said it is a positive to do another buyback, especially given the capital requirements of the company but does put some support under the stock.
Westpac Banking Corp said it
sees scope for monetary policy in Australia to become less
restrictive within the next year, while reporting a drop in its
first-quarter unaudited net profit versus the.
Westpac sees monetary policy 'less restrictive' over next year, Q1 profit drops, Banking & Finance businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Westpac Banking Corp said it
sees scope for monetary policy in Australia to become less
restrictive within the next year, while reporting a drop in its
first-quarter unaudited net profit versus the.