ASX:WES

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ASX:WES

Reporting season sees pandemic impact: Aus shares 0.8% down

20 Aug 2020 - The Australian share market dropped at the open closing 0.8 per cent down at the end of trade. Sequoia Financial Group (ASX:SEQ) reports a successful FY20 financial p…

Qantas (ASX:QAN) profit plunges 91 per cent: Aus shares 1% lower

20 Aug 2020 - The Australian share market opened lower this morning and is now trading 1 per cent down at noon. Qantas (ASX:QAN) profit has plunged 91 per cent, posting a $2.7b dro…

Wesfarmers (ASX:WES) report net profit for the year is down 69%

20 Aug 2020 - Wesfarmers (ASX:WES) report revenue growth of 10.5 per cent of $30.8 billion, reflecting strong sales growth in Bunnings, Kmart, Officeworks and Catch.

RBA holds rates: Aus shares close 1.9% higher

04 Aug 2020 - The local bourse managed to stay on a positive streak throughout the day after a strong start at the open, easing slightly through the afternoon ahead of the RBA's in…

Wesfarmers (ASX:WES) to close Kmart and Target in Melbourne during restrictions

04 Aug 2020 - Wesfarmers (ASX:WES) will close its Target and Kmart stores in the Melbourne metropolitan region during the stage four restrictions in Victoria due to Covid.

Opthea (ASX:OPT) reports positive trial results: Aus shares 0.5% higher at noon

10 Jun 2020 - The Australian share market opened lower but is now trading 0.5 per cent up at noon. Opthea (ASX:OPT) has reported positive Phase 2a trial results for its OPT-302 tre…

Covid-19 Update, RBA Monetary Statement, China Economics, Deep Dive into Retailing

03 Jun 2020 - Fund Manager Chris Pedersen provides a Covid-19 update and discusses the RBA Monetary Statement, China economics, and retailing.

City Chic, Wesfarmers, Nine Entertainment, Economics

27 May 2020 - Chris Pedersen, CEO of Pedersen Asset Management, looks at City Chic (ASX:CCX), Wesfarmers (ASX:WES), Nine Entertainment Co Holdings (ASX:NEC) and economics.

Aussie market kicks off the week on a high: Travel sector pushes higher on hopes of further government support

25 May 2020 - The Aussie market got off to a strong start to the new week. Travel shares surged after the Treasurer said further industry support is possible. Afterpay (ASX:APT) sh…

Hospitality boost as NSW eases restictions: Aus shares close 0.96% lower

22 May 2020 - The Australian share market closed 0.96 per cent down at the end of trade. 50 patrons can be seated in pubs and restaurants in NSW from June 1. Air New Zealand (ASX:A…

Worley (ASX:WOR) awarded Hardisty Energy Terminal contract: Aus shares 0.3% lower at noon

22 May 2020 - The Australian share market opened higher this morning and is now trading 0.3 per cent lower at noon. Worley (ASX:WOR) has been awarded a contract by Hardisty Energy …

Wesfarmers' (ASX:WES) Kmart Group's $480 million writedown

22 May 2020 - Wesfarmers (ASX:WES) will make drastic changes to its under performing Target retailer.

COVID-19 Update, Economic Estimates, NAB & Wesfarmers

29 Apr 2020 - Fund Manager Chris Pedersen presents a COVID-19 update, discusses economic estimates & analyse NAB (ASX;NAB) & Wesfarmers (ASX:WES).

St Barbara (ASX:SBM) continues operations: Aus shares close 2% lower

31 Mar 2020 - The Australian share market had a positive start to the session, up almost 3 per cent at noon, then fell sharply in the second half of trade erasing the days gain to …

Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles

31 Mar 2020 - Wesfarmers (ASX:WES) today announced that trades have been executed for the sale of 5.2 per cent of the issued capital in Coles Group (ASX:COL) for $1.06 billion.

Market lifts on US stimulus agreed of $US2 trillion: ASX closed 5.5% higher

25 Mar 2020 - It has been a positive day of trade for the ASX after rising at the open it managed to stay in positive territory closing 5.5% higher. Qantas (ASX:QAN) shares rose af…

Wesfarmers (ASX:WES) keeps Bunnings, Kmart, Target and Officeworks open

25 Mar 2020 - Wesfarmers (ASX:WES) report today Bunnings, Kmart, Target and Officeworks stores across Australia are operating under standard or near-standard trading hours and oper…

Wesfarmers (ASX:WES) report weakness in sales of apparel

20 Mar 2020 - Wesfarmers (ASX:WES) report that since the start of the calendar year, overall momentum in the Group’s retail sales has continued in line with the first half of the f…

Wesfarmers (ASX:WES) to sell 4.9% of Coles Group

19 Feb 2020 - Wesfarmers (ASX:WES) will sell 4.9 per cent of its stake in the Coles Group.

Insurance Australia (ASX:IAG) takes hit on update: Aus shares close flat

24 Jan 2020 - The Australian share market rose at the open although closed flat for the end of the week. Shares in Insurance Australia (ASX:IAG) took a tumble, following the insure…

Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

24 Jan 2020 - Wesfarmers (ASX:WES) says they have completed a definitive feasibility study (DFS) on the Mt Holland lithium project but a final investment decision has been deferred…

Sterling soars amid Brexit deal hopes: ASX set to open higher

16 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher. It was good news in the US as stocks hit four-week highs. Healthcare and financials led th…

Postive yet minor lift to kick off week: Aus shares close 0.1% higher

09 Sep 2019 - Local shares start week with a minor gain while Jumbo Interactive (ASX:JIN), Qube (ASX:QUB) and Aventus (ASX:AVN) set new all-time highs. Aussie lending to households…

China-US trade talks to resume next month: ASX closed 0.9% higher

05 Sep 2019 - It has been a positive day of trade for the ASX, closing 0.9% higher. Nanosonics (ASX:NAN) saw their shares rise up over 5% as did CSR (ASX:CSR) and Pinnacle (ASX:PNI…

EY rebuts Bonitas' claims about RFF, Trade war hopes: Aus shares close 0.5% higher

27 Aug 2019 - A breath of fresh air for markets, a positive day for most Asian markets, the ASX and last night on Wall St. But now US futures suggest a negative start for Tuesday's…