ASX:WES

Email Alerts for:
ASX:WES

Financial sector drags: Aus shares close 0.1% lower

16 Nov 2018 - Opened in the black following positive leads from the US, dipped in the afternoon, and closed 0.1 per cent lower. The Info Tech sector was the strongest performing se…

Wesfarmers shareholders approve demerger of Coles

16 Nov 2018 - Wesfarmers (ASX:WES) is pleased to announce that shareholders have approved the demerger of Coles Group from Wesfarmers.

Flat finish: Australian shares close 0.1 per cent higher

15 Nov 2018 - Flat finish: Australian shares close 0.1 per cent higher. Telecommunications, IT and cloud products and services provider Inabox Group (ASX:IAB) has this afternoon ad…

Employment data beats expectations: Aus shares 0.2% lower at noon

15 Nov 2018 - Mid-session report. Oil and iron ore lift. Australia's largest demerger to occur in under a week. Wesfarmers (ASX:WES) spin-off Coles to enter ASX200 with value of $1…

Coles added to top ASX 200 Nov 20

15 Nov 2018 - S&P Global has advised Coles Group is set be added to the ASX200 on 20 November, subject to shareholder and final court approval.

Asia follows with declines: ASX closes 0.99% lower

15 Oct 2018 - Today we saw the ASX end the session almost 1% lower due to a dip before the close. A weaker housing market sees real estate advertising companies down. Asia saw decl…

Wesfarmers announces total Coles sales up 5%

15 Oct 2018 - Wesfarmers (ASX:WES) has released the Coles retail sales results for Q1. Coles Supermarket headline sales for the quarter are $7.7 billion, up 5.8 per cent for the qu…

Global sell-off sees shares slump: ASX to close 2.7% lower

11 Oct 2018 - Aussie stocks were sold off following Wall Street seeing its worst drop in eight months and the Nasdaq losing 4 per cent. All three majors in the US fell more than 3 …

Wesfarmers announce new MD for Officeworks

11 Oct 2018 - Wesfarmers (ASX:WES) has today announced the appointment of Sarah Hunter as Managing Director of Officeworks, Australia's leading retailer and supplier of office prod…

Biggest drop since March: Aus shares close 1.4% lower

08 Oct 2018 - Market Wrap. ASX loses 4 months of gains, biggest drop in 6 months. Beach Energy sees selling on reduced guidance. MYOB shares hit yearly high. Wesfarmers' Coles dem…

ASX nearing 4-month lows: Aus shares 1% lower at noon

08 Oct 2018 - Market at Midday. ASX nears 4-month lows. Wesfarmers (ASX:WES) slides on negative outlook. A2 Milk (ASX:A2M) rallies on upgrade. KKR makes $2.2b takeover offer for MY…

Wall Street lower after jobs data: Aus shares to drop at open

08 Oct 2018 - Aus shares to open lower following negative leads from Wall Street. US jobs report weighed on stocks and boosted treasury yields. Wesfarmers (ASX:WES) has provided de…

Back to June levels: Aus shares close 0.76% lower

13 Sep 2018 - Market Wrap. ASX wipes out Tuesday's gains. Myer gains 37.5% on being upgraded by UBS. WAM Capital (ASX:WAM) makes takeover offer for Wealth Defender Equities (ASX:WD…

Leadership showdown rattles AUD: ASX flat at noon

24 Aug 2018 - The ASX opened higher this morning and is now flat at noon. Healthcare is doing well today and Wesfarmers (ASX:WES) and Woolworths (ASX:WOW) are making mild gains. M…

Record bull run for the S&P500: ASX to open higher

23 Aug 2018 - Following on from mixed leads from US markets, the ASX looks set to open higher this morning. The S&P 500 has shown its longest bull market run. Wesfarmers (ASX:WES) …

Another day of solid gains : ASX closed 0.5% higher

15 Aug 2018 - It has been a positive day of trade for the ASX. Aveo (ASX:AGO) saw gains as did Afterpay (ASX:ATP) and Dominos Pizza (ASX:DMP). Mineral Resources (ASX:MIN) saw a 35…

Turkey crisis and results preview for today

15 Aug 2018 - Fund Manager, Chris Pedersen discusses latest from Turkey and previews results from Fairfax Media, Computershare, CSL, Insurance Australia, Wesfarmers and Woodside Pe…

Wesfarmers full year profit drops 58% to $1.97b

15 Aug 2018 - Wesfarmers (ASX:WES) has reported its net profit after tax (NPAT) fell about 58.3 per cent on FY17 to $1.197 billion for the 2018 financial year.

Turkish troubles as lira plunges: ASX closes 0.4% lower

13 Aug 2018 - The ASX has seen a fall today mainly due to Turkey’s impending financial crisis.The Australian dollar fell to an 18-month low against the US dollar. Meanwhile AuStar …

Wesfarmers to sell Kmart Tyre and Auto Services for $350m

13 Aug 2018 - Wesfarmers (ASX:WES) has today announced plans to sell its Kmart Tyre and Auto Services Business to German automotive manufacturing company, Continental AG for $350 m…

Wesfarmers to sell interest in Bengalla coal mine for $860m

07 Aug 2018 - Wesfarmers (ASX:WES) has today announced it will sell its 40 per cent interest in the Bengalla joint venture thermal coal mine project to partner New Hope Corporation…

Rio throws its weight, ASX down 2nd day: Aus shares close 0.6% lower

02 Aug 2018 - Market Wrap. Rio weighs down ASX and drags other miners lower. Iron ore slips, but its near month highs. Trade surplus jumps to $1.9b, beating $900k expected. Abacus …

How to value a company and focus on Wesfarmers

25 Jul 2018 - Fund Manager, Chris Pedersen explains how to value a company and takes a look at Wesfarmers.

Reversal Monday: Aus shares close 0.93% lower

23 Jul 2018 - Market Wrap. ASX200 back tracks on Nufarm fall and Trump threat. Hometown lodges bidder statement for Gateway, Mayne shines on acquisition, Wesfarmers announces Coles…

Wesfarmers provides update on Coles demerger

23 Jul 2018 - Wesfarmers (ASX:WES) has announced the demerger of Coles is expected to be completed in November 2018 subject to shareholder and other approvals.