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.
It is being reported that Wesfarmers Ltd (ASX:WES) may have just sold $500 million of Coles Group Ltd (ASX:COL) shares.
The market is struggling to put a price on Magellan Financial Group (ASX: MFG). Here are three methods you can use to value the fund manager.
The Bubs Australia Ltd (ASX:BUB) share price is jumping higher after announcing a new set of A2 products, as well as a huge first order.
The selling pressure continued on Wednesday with the S&P/ASX 200 (ASX: XJO) falling 0.8% as uncertainty around the world continues to grow.
The S&P/ASX 200 (ASX:XJO) finished down 0.6% on Friday as Paladin Energy (ASX:PDN) and CSL (ASX:CSL) shares were in the news.
The S&P/ASX 200 (ASX:XJO) pushed higher again on Thursday as ASX materials, energy and commodities shares were in the news.
These 2 ASX blue chips are high-quality options for the long-term, including the owner of Bunnings, Wesfarmers Ltd (ASX:WES).
The S&P/ASX 200 (ASX: XJO) finished 0.1% higher on Friday as Block (ASX:SQ2) and Kogan (ASX:KGN) shares made headlines.
It’s been another busy week of ASX shares reporting. Here’s your recap of all the big movements including Zip, A2 Milk and Woolworths.
