Wesfarmers Ltd (ASX:WES)
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.
Wesfarmers Ltd (ASX:WES) share price
Wesfarmers Ltd (ASX:WES) share price news
Here’s Why Wesfarmers Ltd (WES) Will Own 15% Of Coles
Wesfarmers Ltd (ASX:WES) will retain a 15% stake in Coles and own 50% of Flybuys following the ASX-listing of the supermarket’s division.
ALL ORDINARIES Index Falls, Wesfarmers (WES) Shares Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.
Australian Foundation Investment Co. Ltd. (AFIC) Just Reported
Australian Foundation Investment Co. Ltd. (ASX:AFI), also known as AFIC, just reported its annual result for the financial year ended 30 June 2018.
ALL ORDINARIES Index Rises, Wesfarmers (WES) Up
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.
Metcash Limited (MTS) Boosts Dividend On Hardware Sales
Metcash Limited (ASX:MTS) shareholders will receive a larger dividend from the retail company following an improved profit result from its hardware division.
Amazon Prime Launches In Australia
Amazon Prime is launching in Australia, which will be a boost for online shoppers and cause more worries for retail share investors.
ALL ORDINARIES Index Grows, BHP Shares Climb Again
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.7% at lunch.
Wesfarmers Ltd (WES) Will Have $12b Of Play Money
Wesfarmers Ltd (ASX: WES) could have a war chest of $12 billion or more to go and spend on acquisitions according to investment bank Citigroup.
Metcash Limited (MTS) Just Took A $352m Hit To Its Balance Sheet
Metcash Limited (ASX: MTS) announced this morning that it will recognise a $352 million impairment to goodwill and other net assets in the Supermarkets & Convenience segment of its business.