Coles Myer

News & Analysis

coles myer and retail - All News and Analysis

• Don't bank on buyouts: NAB.

  - 2006-10-04

  Byline: Richard Gluyas Oct 04, 2006 (The Australian - ABIX via COMTEX) -- National Australia Bank NAB has indicated it would not lend to any hostile takeover bid for Australian retailer Coles Myer. The bank's head of international business, John Hooper, said it...

  Tags: bank, Coles Myer, FINANCE, Investment, National Australia Bank, Retail

• Everyday chatter boosts Coles.

  - 2006-09-14

  Byline: Simon Evans Sep 14, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The share price of Australian retailer, Coles Myer, was lifted by speculation about its takeover. The possibility of a private equity consortium raising its $A17.3 billion bid increased...

  Tags: Coles Myer, FINANCE, Investment, Merrill Lynch & Co. Inc., Retail, stock

• Analysts divided on $17bn question.

  - 2006-09-07

  Byline: Henry Byrne Sep 07, 2006 (The Australian Financial Review - ABIX via COMTEX) -- There is divided opinion on the value of the shares of Australian retailer, Coles Myer. The board of Coles believes that a takeover bid of $A17 billion undervalues...

  Tags: Coles Myer, FINANCE, Investment, Retail

• NAB plays down threat to transactions.

  - 2006-01-31

  Byline: Joyce Moullakis Jan 31, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Qantas and Woolworths are among a list of groups that are reportedly considering processing a...

  Tags: Banking, Coles Myer, INTERNET, National Australia Bank, Retail

• Myer profit estimate cut.

  - 2005-08-10

  Byline: Katherine Jimenez Aug 10, 2005 (The Australian - ABIX via COMTEX) -- The estimated profit of Australian retailer, Coles Myer, has been reduced. Investment bank, Merrill Lynch,...

  Tags: Coles Myer, FINANCE, K Mart, Merrill Lynch & Co. Inc., Retail, Taxes

• OZ charter

  - 2005-07-09

  Australia's Competition &. Consumer Commission has launched a new charter to prevent its biggest retailers--Woolworths, Coles Myer and Metcash--from interfering with independent retailers' freedom to seek alternative bidders when they sell stores. ACCC chairman Graeme Samuel said it would allow them to achieve the highest prices via an open bidding...

  Tags: Australian Competition and Consumer Commission, charter, Coles Myer, Retail, Woolworths

• $4.75m fine's no small beer.

  - 2005-05-31

  May 31, 2005 (The Australian Financial Review - ABIX via COMTEX) The large Australian retailer, Coles Myer, owns the Liquorland retailing business. The Australian Competition & Consumer Commission ACCC had taken action against Liquorland, making certain allegations. On 31 May 2005, a settlement was...

  Tags: Australia, Australian Competition and Consumer Commission, Coles Myer, Litigation, Retail

• Retail feels tax boost.(Brief Article)

  - 2005-05-11

  May 11, 2005 (Herald Sun - ABIX via COMTEX) The Australian sharemarket rallied on 11 May 2005, with the benchmark S&P/ASX 200 rising 13.5 points to 4,005.7. The broader All Ordinaries Index advanced 9.5 points, to finish at 3,958.6. Retail stocks were bolstered by...

  Tags: Coles Myer, FINANCE, National Australia Bank, Retail, Taxes

• Rush for safe havens.(Brief Article)

  - 2005-05-10

  May 10, 2005 (Herald Sun - ABIX via COMTEX) Defensive stocks were popular with Australian investors on 10 May 2005, in the lead-up to the Australian Government's 2005-06 Budget. Banking stocks largely performed well, with National Australia Bank rising $A0.47 to close at $A29.99...

  Tags: Banking, Coles Myer, FINANCE, Investment, National Australia Bank, Retail, Standard and Poor's, stock

• Resources, media slide.(Brief Article)

  - 2005-05-10

  May 10, 2005 (The Courier-Mail - ABIX via COMTEX) Defensive stocks were popular with Australian investors on 10 May 2005, in the lead-up to the Australian Government's 2005-06 Budget. Banking stocks largely performed well, with National Australia Bank rising $A0.47 to close at $A29.99...

  Tags: Banking, Coles Myer, FINANCE, Investment, media, National Australia Bank, Retail, Standard and Poor's, stock