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.
Down, Down, prices are Down for Coles (ASX: COL) and Woolworths (ASX: WOW) shares. Why is this so?
The ASX 200 (ASX:XJO) is set to fall when the market opens on Wednesday. CSL Limited (ASX:CSL) and Metcash (ASX:MTS) shares are making headlines.
Searching for income? Here are three ASX share ideas with dividend yields higher than 3%, including Coles (ASX:COL) and Harvey Norman (ASX:HVN).
If I had $2,000 to invest into ASX shares, then I’d pick these 2, including the LIC called MFF Capital Investments Ltd (ASX:MFF).
The S&P/ASX 200 (ASX:XJO) is down another 1% today. It may be falling on more worries about inflation and interest rates, or perhaps because of COVID-19 cases spiking.
The ASX 200 (ASX: XJO) is tipped to open slightly higher on Wednesday with the Sydney Futures Exchange pointing a modest rise at the start of trading.
The S&P/ASX 200 (INDEXASX:XJO) is set to open slightly lower on Monday. Cochlear (ASX:COH), QBE (ASX:QBE) and Shaver Shop (ASX:SSG) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is set to fall when the market opens on Thursday. Coles (ASX:COL), Westpac (ASX:WBC) and Domino’s (ASX:DMP) shares are in the news.
The Coles Group Ltd (ASX:COL) share price could be a mover today after announcing its FY21 half-year result and growing the dividend by 10%.
