MBL macquarie bank limited

shares were expected to rise on anouncement!

  1. 58 Posts.
    0933 [Dow Jones] Macquarie Bank (MBL.AU) shares likely to rise after investment bank firms up its guidance. Says expects FY06 profit to be up slightly on FY05 record A$823 million despite drying up of performance fees from listed specialist funds. At 1H result in November, said expected to at least match the FY05 number. But 1H to drive full year improvement, with MBL saying expects profit from key investment banking, equity market, and treasury businesses to be lower in 2H than 1H. (RBT)



 
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