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.
The ASX’s ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index ended higher on Thursday, with the Wesfarmers Ltd (ASX:WES) and Telstra Corporation Ltd (ASX:TLS) ending firmly in the green.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 0.30% at lunch.
In an ASX filing, Wesfarmers Ltd (ASX:WES) announced that it will demerge Coles, its leading supermarkets business, subject to shareholder vote.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is tipped to higher Friday morning, according to the Sydney Futures Exchange.
Woolworths Limited (ASX:WOW) released its half year report to the ASX on Friday revealing a 38% increase in profit and dividends of 43 cents per share.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is essentially flat, it’s up by 0.06% at lunch.
Wesfarmers Ltd (ASX: WES) reported its result for the half year to 31 December 2017.
This morning, BWP Trust (ASX: BWP) revealed its financial results for the six month period to 31 December 2017.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
