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.
In a statement to the ASX Wesfarmers Ltd (ASX:WES) released sales results for Coles during the first quarter of its 2019 financial year.
Hold on to your hats because here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.91% at lunch.
This afternoon Wesfarmers Ltd (ASX: WES) announced that Coles plans to invest in automation and that a vote is necessary before Coles can be de-merged.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
Wesfarmers Ltd (ASX:WES) shares entered a trading halt on Friday morning as the conglomerate awaits the outcome of the courts over its Coles Group divestment.
Here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
Santos Ltd (ASX:STO) released its 2018 half year financial results to the market today revealing a doubling of underlying profit.
Woolworths Group Ltd (ASX:WOW) released its 2018 financial report and will pay a special fully franked dividend to ASX shareholders.
