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Wesfarmers News

News on Wesfarmers (Ticker: WES) continually updated from thousands of sources around the net.

Thursday Apr 17 | The Age

Markets Live: Stocks on sugar high

A late rally rally by miners built on early gains to end the trading week on a positive note leading into the Easter break.

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Related Topix: Financial Markets, Agriculture, Household Products, Telstra Corporation, Cable & Satellite, Telecom, TelstraClear, Next New Networks, Transaction Wireless

Sun Apr 13, 2014

The Age

Markets Live: Banks sold down

Losses in the big banks are driving the local market down further after a poor early lead from Wall St, while Coca-Cola continues its rapid fall from grace.

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Related Topix: Beverages, Coca-Cola Bottling Co., Stanley, Australia, World News, Retail, Grocery, Woolworths, Agriculture, Household Products

Fri Apr 11, 2014

ABC News

Country Hour for Friday 11 April, 2014

The chief executive of Wesfarmers Richard Goyder says agribusiness has got great prospects and the company would love to participate in the sector in the future As the China Agribusiness conference wraps up in Perth this week, some of the Chinese delegates escaped early to visit the Harvey Beef processing facility in the south west to see what ... (more)

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Related Topix: Agriculture, Household Products

Thu Apr 10, 2014

Bloomberg

Gallagher Stock Priced at $43.25 to Fund Wesfarmers Deal

Arthur J. Gallagher & Co. , the insurance broker expanding beyond the U.S. through acquisitions, sold about $821.8 million of shares in an equity offering to help fund its latest deal.

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Related Topix: Agriculture, Household Products, Arthur JGallagher , Insurance, Financial Services, Itasca, IL, Stanley, Investment Banking, Morgan Stanley

The Age

need2know: Stocks to drop at open

South African retailer Woolworths's $2.15 billion offer for David Jones represents the highest multiple paid for major retail assets since Wesfarmers bought the Coles Group, but analysts are divided over whether a counter bidder will emerge.

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Related Topix: Financial Markets, Agriculture, Household Products

Tue Apr 08, 2014

AmericanBankingNews.com

Wesfarmers Limited Rating Reiterated by Deutsche Bank

's stock had its "sell" rating restated by investment analysts at Deutsche Bank in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports.

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Related Topix: Agriculture, Household Products, Banking, JP Morgan Chase

Yahoo!

Corporates bankroll street artists

Wesfarmers has cemented its reputation as WA's leading corporate supporter of the arts by throwing its weight behind the PUBLIC: Art in the City project.

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Related Topix: Agriculture, Household Products

The Age

need2know: Positive push from Wall St

Copper slipped from a one-week high on uncertainty about growth in China and worries that upcoming trade data may be weak.

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Related Topix: Agriculture, Household Products, Financial Markets

Mon Apr 07, 2014

ABC News

Share market drops on quiet day

Australian stocks have limped to a weak close on a very quiet day of trade, with only retail and utility stocks making significant gains.

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Related Topix: Financial Markets, Agriculture, Household Products

Sun Apr 06, 2014

Reuters

Australia shares slip on Wall St, Wesfarmers up on deal to sell broker unit

Australian shares fell 0.2 percent on Monday morning after a disappointing performance on Wall Street despite solid U.S. jobs numbers on Friday, though Wesfarmers rose after the company said it was selling its insurance businesses.

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Related Topix: Agriculture, Household Products, Financial Markets, Financial Services, Automakers, Brilliance China Automotive Holdings, Banking, Commonwealth Bank of Australia

Reuters

UPDATE 1-Wesfarmers to sell insurance broking unit to Arthur J. Gallagher

Australia's Wesfarmers Ltd said on Monday that it has agreed to sell its insurance broking and premium funding businesses to Arthur J. Gallagher & Co for A$1.01 billion .

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Related Topix: Agriculture, Household Products, Arthur JGallagher , Insurance, Financial Services

Thu Apr 03, 2014

Reuters

Australia shares slip - investors cautious ahead of US payroll data

Australian shares shed 0.1 percent on Friday, pulled lower by the financial sector after Wall Street slipped overnight and investors opt for caution ahead of the U.S. payrolls report due out after local markets close.

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Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking, Commonwealth Bank of Australia, Australia, World News, Financial Markets, Agriculture, Household Products

Tue Apr 01, 2014

Bloomberg

Wesfarmers Bigger Than Tesco Seeks Buyouts With $4.6 Billion

Wesfarmers Ltd. , the Australian retailer with a market value that's bigger than Tesco Plc, is scouring for acquisitions to boost growth as a mining investment boom wanes.

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Related Topix: Agriculture, Household Products, Australia, Oceania, World News

Wed Mar 26, 2014

West Australian

Brand Wesfarmers supercedes Woodside

Wesfarmers has overtaken Woodside as the most valuable WA brand in the financial world, according to UK consultants Brand Finance.

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Related Topix: Agriculture, Household Products

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