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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.
Wesfarmers Ltd (ASX:WES) has announced a special dividend in its FY19 half year report, is it a buy?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
Coles Group Limited (ASX:COL) has reported its half year result to investors this morning, sending the share price down 2.7%.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 1.09% on Friday. The US market was closed on Monday for President’s Day.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.31% at lunch.
The Viva Energy Group Ltd (ASX:VEA) share price is currently 13% higher after announcing a new deal with Coles Group Limited (ASX:COL).
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.78.% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.17% at lunch.
Coles Group Limited (ASX:COL) has announced it has executed definitive contracts for two new automated distribution centres.