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Earnings performance defies the pundits

Aug 17, 2009 (The Australian Financial Review - ABIX via COMTEX) -- By Khia Mercer

Company: Deutsche Bank AG (DB)

Analysts have become more bullish about the earnings outlook for Australian-listed companies in 2009-10. The August 2009 profit reporting season has generally been more positive than many analysts had anticipated, prompting market experts to upgrade their earnings per share forecasts. Deutsche Bank is also bullish about the benchmark S&P/ASX 200, forecasting that it may test the 5,000-point level before the end of 2009.

Publication Date: 18 August 2009 

DEUTSCHE BANK AG
STANDARD AND POOR'S ASX 200 INDEX
BHP BILLITON LIMITED - ASX BHP
COMMONWEALTH BANK OF AUSTRALIA - ASX CBA
TELSTRA CORPORATION LIMITED - ASX TLS
UBS AUSTRALIA LIMITED
MACQUARIE RESEARCH EQUITIES
MACQUARIE BANK LIMITED - ASX MBL
ALUMINA LIMITED - ASX AWC
JB HI-FI LIMITED - ASX JBH
BENDIGO AND ADELAIDE BANK LIMITED - ASX BEN
WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED - ASX WAN

Copyright (C) 2009 ABIX. All rights reserved

News Provided by COMTEX

Company: Deutsche Bank AG (DB)


Related terms: australia, bank, cba, earnings, equity, forecasts, index, market, profit, research, S&P

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