Eight stocks to buy in October 2015

National Australia Bank Ltd (ASX: NAB) stock fell over 19.4% in the last four weeks (as of 01 Oct 2015), as the group estimated an additional £500 million impact from its UK operations as well as increased the provision to the range of £290 million and £420 million, related to Clydesdale Bank for the 2015 full year results. However, the group already diverted over a £1.7 billion funds under its conduct mitigation package. NAB also delivered a revenue increase of 4% on a year over year basis during the third quarter of 2015. The group is focusing on its core business, enhancing its asset quality in Australian and New Zealand business and undertook initiatives to deal with its legacy issues. To read the complete report - (VIEW LINK)


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