St George says its still committed to the $17.5 billion merger (takeover, really) from Westpac after reporting what appears to be a solid profit for the 10 months to July 30 and forecasting a sound result for the year to September 30.
The market gave hearing implant company Cochlear a bit of a bashing yesterday, marking down the shares by more than 4% (or $1.93) at one stage on slowing growth and earnings.
The market is down 2 – a bit disappointing after a 48 point rise on the Dow Jones and the Futures up 19. Trading in a narrow range – not a lot going on.
China's trade surplus unexpectedly rose last month as producer prices jumped at their fastest rate in 12 years.
The Reserve Bank has continues to change tack, bringing economic growth back to the forefront of its thinking, alongside inflation.
A very different result for a very different year for engineer United Group.
Crane Group delivered on its June update for an 18% rise in earnings for the 2007-08 financial year.
