TABLE OF CONTENTS1 Analysis of Westpac Banking Corporation (WBC) Stocks and Investments 11.1.Basic Company Information 11.2 Business Description and Analysis strategic position in the industry. 31.2.1 main activity 31.2.2 strategic position in the industry 41.3. Financial analysis 51.3.1 Operational performance over the last five years 51.3.2 Financial risk management 71.4. Valuation 81.5. Investment Recommendations 92. Stock and Investment Analysis of Santos Limited (STO) 102.1.Basic Company Information 102.2 Business Description and Analysis of its Strategic Position in the Industry. 122.2.1 Business operation of Santos Limited 122.2.2 strategic position in the industry 132.3. Financial analysis 132.3.1 Operational performance over the last ten years 132.3.2 Business strength 152.4. Valuation 162.5. Investment Recommendations 18 Reference 191 Westpac Banking Corporation (WBC) Stocks and Investment Analysis1.1.Basic Company InformationAs one of Australia's oldest banks, WBC was formerly known as New South Wales Bank and founded in 1817. In 1982, this bank changed its name to West Bank of the Pacific Ocean. It was listed in the ASX on July 18, 1970. And the issue code is WBC. And during the 2013 financial year, WBC achieved an excellent result and the return for shareholders is quite satisfactory. In addition, WBC has a solid financial activity and substantial investments in progress, this group has managed to successfully meet the needs of its customer base which amounts to 12 million at the end of the 2013 financial year. , the change of its director, Ewen Crouch and Peter Marriott brings extensive local and international business experience,...... middle of article ......estor-centre/financial-information/>Fama, Eugene F, 1968. Risk, return and balance: some clarifying comments. Journal of Finance Vol. 23, no. 1, pp. 29-40. Treynor, Jack L, 1961. Market value, time and risk. Unpublished manuscript Robert D. Arnott and Clifford S. Asness, 2003. "Surprise! Higher Dividends Equal Higher Earnings Growth." Journal of Financial Analysts. Retrieved 01/04/2011Amedeo De Cesari, Susanne Espenlaub, Arif Khurshed, and Michael Simkovic, "The Effects of Stock Ownership and Liquidity on the Timing of Repurchase Transactions", 2010