Wesfarmers Ltd (ASX:WES) is a 100-year-old conglomerate which at various times has owned and operated some of Australia’s largest retail brands such as Kmart, Target and more. Today, its largest business is Bunnings Warehouse, the number-one DIY home improvement business.
Before buying Woolworths Group Ltd (ASX:WOW) shares I’d consider Coles Group Ltd (ASX:COL) shares on the basis of valuation.
At today’s price, is the Wesfarmers Ltd (ASX:WES) share price a buy?
The ASX 200 (ASX:XJO) index has been sent into negative territory with the release of the latest job numbers.
Is the ASX and Australia getting closer to a recession? Some analysts seem to think so.
Lynas Corporation Ltd (ASX:LYC) shares could react today to some Malaysian-related news.
Charter Hall Retail REIT (ASX:CQR) shares are in a trading halt this morning to announce the acquisition of Rockdale Plaza, 12km south-west of the Sydney CBD.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.48% at lunch.
The Lynas Corporation Ltd (ASX:LYC) share price could come under pressure after the rare earth miner responded to Wesfarmers Ltd (ASX:WES) takeover bid.
The Wesfarmers Ltd (ASX:WES) share price ended lower Tuesday after it announced it would like to buy Lynas Corporation Ltd (ASX:LYC) for $2.25 per share.