PDA

View Full Version : National Australia Bank Says Bad Debts Will Spread - Bloomberg



NewsWhore
04-28-2009, 05:27 AM
<img alt="" height="1" width="1">
National Australia Bank Says Bad Debts Will Spread (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaojqJBHUuW3A%26refer%3Daustralia&cid=1342544348&ei=zs32ScC8Ooio8ASFooCPCA&usg=AFQjCNESVmB_WDyL_jwEu5ckT38s50Bbbg)
Bloomberg
Cash earnings, which excludes gains from currency and interest rate movements on the bank&#39;s debt, fell 9.4 percent. National Australia Bank&#39;s shares dropped 3.5 percent to A$21.28 in Sydney trading, trimming their gain in 2009 to 2 percent.


More... (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaojqJBHUuW3A%26refer%3Daustralia&cid=1342544348&ei=zs32ScC8Ooio8ASFooCPCA&usg=AFQjCNESVmB_WDyL_jwEu5ckT38s50Bbbg)