Yesterday the bank told investors its bad debt charges in the first half of the year had doubled to $1.8 billion. That bad debt charge was more than double the charge for the same period the year before. Your perception of the charge doesn’t matter. It is what it is. The good news for NAB is that its Australian operations account for two-thirds of its profit. The bad news is that it may face more losses from its U.S. and European investments…
April 29th, 2009 | Dan Denning | 6 comments | Continued
-
-
Master trader predicts next move for ASX...
Latest Slipstream Trader Video Market Update Just In... watch for free below.
One viewer said these prediction videos were “scarily accurate”... another said Murray Dawes was “well on the money”... To find out where the Slipstream Trader thinks the market is headed next, and what that could mean for your investments, click below now to watch his latest video update...
8th February 2012 - Market Update
It’s one thing to have a view on where the market is headed next... It’s another to have specific stock trading recommendations emailed to your inbox.
To take a 90-day, no obligation trial of Slipstream Trader, click here
-
Search
The Markets
All Ordinaries 4318.900 -40.500
S&p/asx 200 4242.800 -42.300
China Shanghai Co 2344.771 -7.084
Gold Sep 11 0.00 0.00
Clj11.nym 0.00 N/A
Nikkei 225 9052.07 +52.891
Indu 0.00 N/A
S&P 500 1351.77 +9.13
Ftse 100 5888.44 -17.26
2012-02-14 00:39 Most Comments
Archives
We encourage you to republish our material, all we ask is that you provide a working text link back to the original article on this site.
Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. ACN: 117 765 009 ABN: 33 117 765 009
email: dr@dailyreckoning.com.au Tel: 1300 667 481 Fax: (03) 9558 2219
Port Phillip Publishing Attn: The Daily Reckoning PO Box 899 Braeside VIC 3195
Terms and Conditions | Privacy Policy | Financial Services Guide