ASX:WES

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ASX:WES

RBA Minutes, Global Bank comparisons, WES, EHL

19 Jun 2019 - Fund Manager, Chris Pedersen looks at RBA Minutes, Global Bank comparisons, Wesfarmers and Emeco Holdings.

ASX shrugs off weaker than expected property data, Fed meets: Aus shares close 0.6% higher

18 Jun 2019 - Local share market muster ups, defying weaker than expected property price falls. All ASX sectors end higher with four sectors gaining over 1%. US Fed Reserve meets T…

Wesfarmers on shaky ground

17 Jun 2019 - Fairmont Equities managing director Michael Gable takes a technical look Wesfarmers, Cleanaway Waste Management, Codan and Nufarm.

ASX closes in red for 2nd day but holds 11.5yr highs: Aus shares close 0.02% lower

13 Jun 2019 - The Australian share market opened higher, before closing marginally lower for the 2nd day. Tech sector sheds 3% on Afterpay (ASX:APT) AML fear selling. Harvey Norman…

Wesfarmers flags slowing sales growth for Kmart

13 Jun 2019 - Wesfarmers (ASX:WES) retailer Kmart has experienced slowing sales growth over the second half of the 2019 financial year.

APRA to lift capital requirements for investor and interest only loans: Aus shares close 0.04% lower

12 Jun 2019 - The ASX200 dropped after APRA confirmed that it would increase capital requirements for investor and interest only loans. Following this news the big 4 banks took a h…

Wesfarmers catches Catch Group for $230 million

12 Jun 2019 - Wesfarmers (ASX:WES) inked a deal to snap up Australian online retailer Catch Group Holdings $230 million cash.

Wesfarmers appoints FMGs co-deputy chair to its board

05 Jun 2019 - Wesfarmers (ASX:WES) has appointed the co-deputy chairman of Fortescue Metals Group (ASX:FMG) Sharon Warburton to its board, effective 1 August 2019.

Zip Co partners with Kmart Australia

21 May 2019 - Software company Zip Co (ASX:Z1P) has partnered with Kmart Australia to offer Zip interest free payments to its customers.

Wage Price Index rises 0.5% in the March quarter: ASX 0.5% higher at noon

15 May 2019 - The ASX opened higher following Wall Street’s claw back and is now tracking 0.5% higher at noon. The Wage Price Index (WPI) rose 0.5 per cent in the March quarter. Co…

Orica shares on the up after NPAT rise: ASX 0.5% higher at noon

09 May 2019 - The ASX rose at the open then took a dip before midday. It recovered slightly and is now tracking 0.5% higher at noon. Shares in Adelaide Brighton (ASX:ABC) fell afte…

Financial's Pendal, IOOF and AMP weigh on results: Aus shares close 0.6% lower

02 May 2019 - Aus shares wiped out most of yesterday's gains after Pendal (ASX:PDL) announced a 37% profit slump, IOOF (ASX:IFL) saw outflows of $129m and AMP's (ASX:AMP) outflows …

Wesfarmers looking to takeover Kidman Resources

02 May 2019 - Wesfarmers (ASX:WES) is looking to takeover lithium miner Kidman Resources for around $776 million.

Energy sector gains not enough to push ASX into positive territory: Aus shares close flat

09 Apr 2019 - The local share market fluctuated between positive and negative territories today. Crown Resorts (ASX:CWN) was the day’s star performer, rising 20 per cent. The major…

Wesfarmers responds to media reports, updates market on Lynas bid

09 Apr 2019 - Wesfarmers (ASX:WES) has responded to media reports about its discussions with the Malaysian Government regarding its proposal to acquire Lynas.

Lynas responds to Malaysian Prime Minister's comments

08 Apr 2019 - Rare earths miner Lynas (ASX:LYC) has responded to comments by Malaysian Prime Minister Mahathir Mohamad on Friday about the continuation of Lynas Malaysia’s operatio…

Tassal slips on CEO selling $1m shares, Lynas blocks WES takeover: ASX closes 0.1% higher

27 Mar 2019 - Tassal Group (ASX:TGR) shares sold down after CEO/MD sells about $1m of shares. Eclipx Group (ASX:ECX) shares remain at all time lows, despite rising 23% on $20m cost…

10 year Bond, Iron Ore, Wesfarmers, Coles and Challenger

27 Mar 2019 - Fund Manager, Chris Pedersen looks at the 10 year Bond, Iron ore, Wesfarmers, Coles Group and Challenger.

Lynas say they will not engage with Wesfarmers offer

27 Mar 2019 - Rare earths company Lynas Corporation (ASX:LYC) say they will not engage with Wesfarmers (ASX:WES) on the terms outlined yesterday in their takeover proposal.

Lynas stock jumps over 35%: ASX closed 0.1% higher

26 Mar 2019 - The ASX started rising after lunchtime trade, closing 0.1% higher. Lynas (ASX:LYC) shares have shot up over 35 per cent after Wesfarmers (ASX:WES) announced a $1.5b b…

Bingo upgraded, Challenger firms Japanese alliance, WES eyes LYC: Aus shares flatlining at noon

26 Mar 2019 - Challenger (ASX:CGF) furthers Japanese alliance, Bingo Industries (ASX:BIN) is upgraded by Goldman Sachs, St Barbara (ASX:SBM) continues to rally after upgrade, Wesf…

Wesfarmers makes $1.5b bid for Lynas

26 Mar 2019 - Wesfarmers (ASX:WES) has made a (conditional, non-binding indicative proposal) $1.5 billion offer to acquire rare earths miner Lynas.

SPI 45 points lower: ASX tracking 0.8% lower at noon

26 Feb 2019 - The ASX dropped at the open and continued to decline throughout the morning. It is now tracking 0.8 per cent lower at noon. Caltex (ASX:CTX) and Bingo Industries (ASX…

Wesfarmers downgraded: ASX200 up 1.6% over week

22 Feb 2019 - The majority of sectors have made ground today, with the Real Estate, Communications and Consumer Discretionary sectors leading the way. After opening in the red, the…

House prices won't 'derail' economy - RBA: ASX tracking 0.5% higher at noon

22 Feb 2019 - The ASX now tracking 0.5% higher at noon. Shares in pharmaceutical company Mayne Pharma Group (ASX:MYX) saw a rise after they released their half year results today s…