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Coles Group (ASX: COL) was split from the broader Wesfarmers conglomerate (which owns Bunnings Warehouse) in November 2018 after 10 years of ownership. However, the Coles name has operated in Australia for 100 years. Today, Coles is one of the largest retailers in the country, serving 21 million customers per week across its supermarkets, Coles Express, Online, Vintage Choice and others.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.
Coles Group Limited (ASX: COL) delivered growth in all of its business segments however there were worrying signs lurking beneath the surface.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.56% on Monday.
This morning, grain business Graincorp Ltd (ASX:GNC) released an update on the sale of its Bulk Liquid Terminals assets. Are Graincorp shares a buy?
Shares in ‘fruit and veg’ company Costa Group Holdings Ltd (ASX: CGC) are stuck in a trading halt pending an announcement.
Woolworths Group Ltd’s (ASX:WOW) share price and profit could be hurt because of staff changes.
Most Australian investors have a large exposure to financial companies and banks which can make a basic ASX 200 ETF look unappealing. Could the BetaShares Australian EX-20 Portfolio Diversifier ETF (ASX: EX20) be the solution?
The majority of analysts seem to agree that the RBA will once again cut the official cash rate when they meet next Tuesday. Below I suggest 3 ASX shares that offer an alternative to cash.
Brickworks Limited (ASX:BKW) has reported its FY19 result, is the share price of the diversified construction business a buy?
