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.
Wesfarmers Ltd (ASX: WES) could have a war chest of $12 billion or more to go and spend on acquisitions according to investment bank Citigroup.
Metcash Limited (ASX: MTS) announced this morning that it will recognise a $352 million impairment to goodwill and other net assets in the Supermarkets & Convenience segment of its business.
ASX API 200 contracts for the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) index are pointing to a negative open on Friday morning with Australia and New Zealand Banking Group (ASX:ANZ) in the news.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.
Wesfarmers Ltd (ASX:WES) has announced that it it is going to divest (sell) its Homebase business in the UK & Ireland to Hilco Capital.
This morning, Woolworths Group Ltd (ASX: WOW) reported its quarterly sales for the 13 weeks to 1 April 2018.
This morning, retail heavyweight Wesfarmers Ltd (ASX: WES) released its third-quarter sales report to ASX investors.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.18% at lunch.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set to open higher Thursday morning, according to data from the Sydney Futures Exchange.
