|Bid||28.89 x 0|
|Ask||24.75 x 0|
|Day's range||26.67 - 27.03|
|52-week range||24.45 - 27.97|
|PE ratio (TTM)||19.48|
|Earnings date||21 Feb. 2017 - 25 Feb. 2017|
|Forward dividend & yield||1.33 (4.97%)|
|1y target est||28.10|
Supermarket Coles is likely to find itself in second place to arch-rival Woolworths when parent company Wesfarmers spins it off as a separate ASX-listed company, a new analysis suggests. Analysts from investment bank UBS say Coles will face higher capital expenditure and costs as a stand-alone business and this will weigh on the supermarket chain's earnings. Shares in Wesfarmers rallied on Friday after the Perth conglomerate announced its plan to spin off Coles.
There is speculation that Wesfarmers Ltd (ASX:WES) could get a further $400 million windfall by selling its pubs business as it looks to spin-off Coles supermarkets.
Was the decision by Wesfarmers Ltd (ASX:WES) to demerge its Coles supermarket business the right one? Here's what brokers think...
Wesfarmers plans to demerge its Coles supermarket division to create one of Australia’s top 30 listed companies, the company said on Friday. Wesfarmers’ move to spin off the business, to which Citi assigns ...
The latest Economist Intelligence Unit's Worldwide Cost of Living report rates Sydney as the tenth most expensive city in the world to live in...
How can chief executives set strategies for their companies in an environment of vast uncertainty? That was one of main topics of discussion in last month’s Oslo Energy Forum , a gathering of leaders ...
Sigma Healthcare Ltd (ASX:SIG) and BWX Ltd (ASX:BWX) are two shares that emerged as winners from today's retail sales data…
The battle within the Australian supermarket industry continues to go the way of retail conglomerate Woolworths Group Ltd (ASX:WOW), who once again has managed to outperform the Wesfarmers Ltd (ASX:WES) owned Coles during the latest reporting season. The most recent result is the 5th straight quarter that Woolworths has outperformed Coles and signifies the effectiveness of its turnaround strategy.
The supermarket battle has entered a new phase with the majors shifting their focus away from slashing prices to win customers. It'll take pressure off Woolworths Group Ltd (ASX:WOW) and Wesfarmers Ltd (ASX:WES) but they may not be the biggest winner.
The shares of Ramsay Health Care Limited (ASX:RHC), Bubs Australia Ltd (ASX:BUB), and QBE Insurance Group Ltd (ASX:QBE) will be on watch this week. Here's why...
Woolworths Group Ltd (ASX:WOW) shares will be on watch today after the retail giant posted a 9.9% lift in EBIT to $1,430 million.
The shares of A2 Milk Company Ltd (ASX:A2M), Bellamy's Australia Ltd (ASX:BAL), BHP Billiton Limited (ASX:BHP), Flight Centre Travel Group Ltd (ASX:FLT), and Woolworths Group Ltd (ASX:WOW) will be on watch this week...
The Wesfarmers Ltd (ASX:WES) share price opened down 4% to $42.55 this morning following announcement of heavy write-downs at its Bunnings UK and Target businesses.
The Bubs Australia Ltd (ASX:BUB) share price has pushed higher after announcing that its infant formula will be stocked by Woolworths Group Ltd (ASX:WOW)...