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Wesfarmers News

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

Monday Aug 25 | MarketWatch

Pacific Brands posts loss, to sell workwear unit

Clothing-and-textiles company Pacific Brands Ltd. has struck a deal to sell its workwear business as it tries to repair its balance sheet after swinging sharply to an annual loss.

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Related Topix: Agriculture, Household Products

Sun Aug 24, 2014

Australian Broadcasting Corporation

Reporting season update: dividends rise, often outpacing profit growth

The August reporting season has one week left and, if the previous three weeks are a guide, investors' infatuation with dividends will continue its rollicking time.

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Related Topix: Agriculture, Household Products

Fri Aug 22, 2014

PR-inside.com

New market study, "Wesfarmers Limited - Strategy and SWOT Report", has been published

The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360deg view of the company.

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

The Age

Earnings, optimism enough to lift shares

August company reporting season has provided enough good news to drive Australian shares up over seven consecutive sessions to a fresh six-year high.

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Related Topix: Agriculture, Household Products

Wed Aug 20, 2014

Seeking Alpha

Wesfarmers (WFAFF) Q4 2014 Results - Earnings Call Transcript

This call is also being webcast live on the Wesfarmers website and can be accessed from the homepage of wesfarmers.com.au.

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Related Topix: Agriculture, Household Products

Ticker

Australian Central Bank Governor Focused on Rate Stability

Woodside Petroleum first-half net increased 27%. Wesfarmers Ltd annual net increased 19%.

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Related Topix: Australia, World News, Energy, Oil & Gas, Woodside Petroleum, Agriculture, Household Products, Financial Markets

Sydney Morning Herald

Markets Live: ASX ends at six-year high

BHP plunges after the miner postpones a buyback due to its demerger, but the losses are offset by a number of strong earnings reports, including Wesfarmers which also announced a generous payout.

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Related Topix: Agriculture, Household Products

Tue Aug 19, 2014

ZDNet

Wesfarmers posts $2.7b profit as Coles doubles online customers

The company announced it achieved a net profit after tax of AU$2.7 billion, up 18.9 percent from the previous year.

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Related Topix: Agriculture, Household Products

ABC News

Wesfarmers to return cash to shareholders after 19pc profit rise

The diversified Perth-based group that counts Coles supermarkets as its biggest operation, has announced a $1.1 billion capital return to shareholders, in addition to a hefty lift in its ordinary dividend, with a special dividend thrown in for good measure.

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Related Topix: Agriculture, Household Products

Reuters

Wesfarmers annual profit up 19 pct, beats f'cast

Australia's Wesfarmers Ltd reported a 19 percent rise in annual net profit on Wednesday, underpinned by the disposal of its insurance underwriting operations and strong sales growth at its Coles supermarket and Bunnings hardware retail businesses.

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Related Topix: Agriculture, Household Products

Bloomberg

Wesfarmers Announces A$1.1 Billion Buyback as Profit Rises 19%

Wesfarmers Ltd. , Asia 's largest retailer, said it plans to buy back about A$1.1 billion in shares, the second time the supermarkets-to-coal mines company will have returned cash to shareholders in a year.

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Related Topix: Agriculture, Household Products

Seeking Alpha

Woolworths Limited: A Long-Term Grower With Stable, Rising Dividend For Income Investors

It is a classic growth stock that is good for long-term investors with stable share price appreciation and a steadily growing dividend.

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Related Topix: Retail, Grocery, Woolworths, Agriculture, Household Products, Grocery Outlet

Mon Aug 18, 2014

The Age

Markets Live: Back in rally gear

Shares have closed at the day's high , in a share price chart that could be best described in yoga terms as " upward facing bull ".

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Related Topix: Fitness, Yoga, Agriculture, Household Products, North Bay, NY, Beverages, Coca-Cola Bottling Co., CocaCola

Thu Aug 07, 2014

Sydney Morning Herald

Markets Live: Fear drives shares lower

When Woolworths releases its full-year results on August 29 the focus won't be on the fallout of the continuing price war with Coles , the debate over suppliers or petrol discounting but its hardware business , which has become an increasingly bloody battleground .

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Related Topix: Agriculture, Household Products, Australia, Oceania, World News, Hard Rock Hotel, Gaming

Wed Aug 06, 2014

Sydney Morning Herald

Markets Live: Jobs shock sinks dollar

Woolworths has acquired another 16 hardware stores in NSW and Queensland for around $20 million after securing approval from the competition regulator to proceed with the purchase of Hudson Building Supplies from Fletcher Building .

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Related Topix: Retail, Woolworths, Grocery, Grocery Outlet, Agriculture, Household Products

Tue Aug 05, 2014

Sydney Morning Herald

Markets Live: Investors get jittery

Stocks decline in early trade, taking the lead from Wall St where investors are increasingly worried the US Fed will raise rates sooner than expected.

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Related Topix: Financial Markets, Internet, Science / Technology, Agriculture, Household Products, Amazon

Sun Aug 03, 2014

Sydney Morning Herald

Coal prices under pressure

Coal markets are awash with the dark combustible as supply rises and demand comes under pressure, although economists are optimistic on a longer-term view.

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

Thu Jul 31, 2014

Reuters

Australia shares slump 1.4 pct from six-year highs in broad selloff

Australian shares tumbled 1.4 percent from six-year highs on Friday in a sharp fall across all sectors after Wall Street tumbled overnight as strong U.S. economic data stoked concerns the Federal Reserve may start its rate-tightening cycle sooner than expected.

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Related Topix: Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Commonwealth Bank of Australia, Agriculture, Household Products, CSL Limited, Biotech, Medicine, Healthcare Industry

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