Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Wesfarmers forecasts strong earnings
Wesfarmers, the owner of Australian retailer Coles, expects earnings this financial year to increase significantly after delivering a rise in annual profit.
Wesfarmers tips strong earnings growth
Wesfarmers expects earnings this financial year to increase significantly after delivering a rise in annual profit.
Wesfarmers hints at grocery price war
Coles owner Wesfarmers Ltd says it will continue to absorb increased food costs because it wants to build "price trust" with shoppers.
Wesfarmers shares rebound after...
Wesfarmers shares rebound as retailer says its outlook remains positive.
Wesfarmers announces H1 record profit
Wesfarmers Ltd, which took over Australia's second biggest retailer Coles last year, has lifted first half earnings by 53.3 per cent.
Woolworths set to meet guidance
Woolworths Ltd is set to meet its annual earnings forecasts after yearly sales rose on the back of a strong performance by its supermarkets division.
Woolies reports sales rise
Woolworths expects to meet its annual earnings forecasts after a strong performance by its supermarkets division.
ASX closes sharply lower
The Australian share market closed sharply lower, losing two per cent as weaker financial and resource stocks added to the negative direction from Wall Street.
Aussie stocks down two per cent at noon
The Australian stock market was two per cent lower at noon after falls from the resource and financial sectors following a drop on Wall Street overnight.
Wesfarmers H1 record profit
Wesfarmers Ltd, which took over Australia's second biggest retailer Coles last year, has lifted first half earnings by 53.3 per cent.
Wesfarmers H1 profit up to new record
Wesfarmers' $20 billion acquisition of Coles Group has helped fill its coffers with a record interim profit.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Stocks close higher driven by miners
The Australian share market closed moderately higher, driven by renewed strength in global miners BHP Billiton and Rio Tinto.
Stocks close slightly higher
The Australian share market has closed flat, with Westpac and St George the only standouts among banking stocks and the big miners generally weaker.
Resmed asleep, Centro a goner
ResMed is so out of favour with the institutional market that it has fallen into the purview of corporate predators - while Centro is a goner.
07/01/08
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WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
Aussie stocks lower after resources fall
The Australian share market closed lower after losses from the resources sector amid sharply weaker commodity prices overnight and a poor lead from Wall Street.
Restless nights for sleep disorder...
ResMed is the archetypal case of a stock out of favour.
07/01/08
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Stocks close lower after US markets drop
The Australian share market closed lower after a big drop on United States markets and a surge in the oil price to more than $US140 a barrel overnight.
Shares slither up, oiled by resources
THE sharemarket closed in positive territory yesterday, buoyed by strong gains in the resource and energy sectors.
06/17/08
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Shares end week on high note
The sharemarket closed in positive territory for the first time since Monday, reflecting gains from the energy and resources sectors.
Never rains but it pours if you're an...
The forecast is worrying for insurance executives as stormy weather returns.
Former Coles CFO joins Healthscope
Former Coles Group CFO Gary Kent has been appointed CFO of Healthscope, as its current financial boss, Josef Czyzewski, steps into a new role.
Retailers brace for frugal shoppers
Many retailers face a rough 12 months unless management proves nimble in dealing with the impact of the downturn.
Things could be better for Coke
AUSTRALIA'S biggest soft-drink maker, Coca-Cola Amatil, expects that improved sales of its soft drinks, sports drinks and other beverages will trigger profit growth in the "high...