February 10, 2014 Gemma Mainland Woolworths good sales growth story continues Woolworths Limited on 6 February 2014 released its sales results for the first-half of the 2014 financial year (27 weeks to 5 January 2014) with key figures ...
Tags: Woolworths, sales growth, Home Improvement, Merchandise
Zurich Insurance, a Switzerland-based multi-line insurance provider, is in advanced stages of negotiations to take over Australian firm Wesfarmers' A$2bn insurance business. The Swiss firm has commenced due diligence on the Aussie's ...
Tags: Zurich Insurance, Insurance
Bunnings has once again proved the star performer in the Wesfarmers stable, as the company expressed cautious optimism for the coming year. Announcing Wesfarmers' retail sales results for the first quarter of the 2014 financial year, ...
On September 11th, Made-in-China.com attends the 12th International Sourcing Fair held in Shanghai, which is the largest sourcing exhibition in China. Made-in-China.com and International Sourcing Fair (ISF) are cooperative partners for a ...
Tags: Biz Opportunities, Good-Quality Chinese Suppliers, Sample Show
Wesfarmers Limited has announced a net profit after tax (NPAT) of $2,261 million for the full-year ended 30 June 2013, an increase of 6.3 per cent on the previous corresponding period. The group's retail businesses achieved solid growth ...
Bunnings has exchanged contracts with BWP Trust (BWP) for the sale and leaseback of 10 Bunnings Warehouse stores. When completed in full it will realise in excess of A$271 million. The portfolio consists of prime assets located throughout ...
Tags: Service
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit
Wesfarmers’ managing director Richard Goyder has announced that Target’s outlook has been downgraded. The retailer’s earnings for the 2013 financial year to date have been affected by a number of factors, including: ...
Tags: Service, Warm Autumn, Shoplifting
The sharemarket has closed higher, led by investors picking up cheaper mining stocks after heavy selling in recent days. At the close today, the benchmark S&P/ASX200 index was up 15.1 points, or 0.29 per cent, at 5180.8. The broader All ...
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
The board of Silk Logistics has decided to consider offers for the whole or parts of Silk and appointed Canterbury Partners to assist in the sale. According to sources there are more that one interested buyers already, and so the company ...
Wesfarmers-owned Blackwoods, Australia's largest supplier of industrial, and safety workplace goods, will build a new distribution centre in Greystanes, Sydney. The largest business of the Wesfarmers Industrial and Safety Division, ...
Tags: Retail Giant, DC