Coles Myer

News & Analysis

coles myer and ubs warburg - All News and Analysis

• Equities impact influenced by exporter v importer.

  - 2003-05-25

  May 25, 2003 (The Australian Financial Review - ABIX via COMTEX) In simplistic terms, the appreciating Australian dollar exchange rate will benefit importers and hurt exporters. According to UBS Warburg, Australian companies that will suffer include BHP Billiton, WMC Resources, News Corporation, Ansell and...

  Tags: Benefits, Coles Myer, Colorado, equity, Qantas Airways Ltd., UBS Warburg

• A rising dollar can be bad news for some.

  - 2003-05-20

  May 20, 2003 (The Australian Financial Review - ABIX via COMTEX) Jane Connor of UBS Warburg points out that a rising Australian dollar carries a downside for Australian corporate earnings. It hits companies in two places, as a brake on effective export marketing, and ...

  Tags: Coles Myer, earnings, FINANCE, UBS Warburg

• Retailers brace for downturn.

  - 2003-05-07

  May 07, 2003 (The Australian Financial Review - ABIX via COMTEX) Analysts are expecting a slowdown in Australian retail sales, increasing competition across the board. Figures from the Australian Bureau of Statistics show that although sales rose by 0.7 per cent in March 2003,...

  Tags: Coles Myer, Manufacturing, SALES, UBS Warburg

• Trans-Tasman expansion depletes Warehouse stock.

  - 2003-05-05

  May 05, 2003 (The Australian Financial Review - ABIX via COMTEX) JBWere has downgraded The Warehouse Group's shares from "outperform" to "hold". The Warehouse Group has cut its fiscal 2003 budget by 14 per cent to $NZ80.9 million, JBWere estimates. The shares were trading...

  Tags: Coles Myer, FINANCE, Investment, MARKETING, stock, UBS Warburg, Woolworths

• The Dawn of a new era.

  - 2003-02-19

  Feb 19, 2003 (The Age - ABIX via COMTEX) When Dawn Robertson was appointed to head Myer-Grace Bros in 2002, she entered a corporate battleground. The board of parent company, Coles Myer, was is disarray and a UBS Warburg report had recommended hiving off...

  Tags: battleground, Coles Myer, UBS Warburg

• Coles slides as analysts downgrade forecasts.

  - 2003-02-17

  Feb 17, 2003 (The Australian Financial Review - ABIX via COMTEX) Australian investors on 17 February 2003 chipped 2.7 off the share price of Australia's biggest retailer, Coles Myer. The scrip shed $A0.16 to close at $5.80, as UBS Warburg reduced its 2002-2003 profit ...

  Tags: Coles Myer, FINANCE, Retail, UBS Warburg

• Project gold.

  - 2002-11-02

  Nov 01, 2002 (The Australian - ABIX via COMTEX) Coles Myer businesses were given code names in mid-2002 in a strategy called "Project Gold". It is this plan, put together by the CEO, John Fletcher, with UBS Warburg, that may be the most powerful...

  Tags: Coles Myer, Fletcher, Retail, Strategy, UBS Warburg

• Heat's on in Coles bunker.

  - 2002-09-29

  Sep 29, 2002 (The Australian - ABIX via COMTEX) Ructions at Australian retailer Coles Myer will continue during the week ending 4 October 2002. Full-year results will be released on 3 October 2002, and the board will meet to discuss the Caliburn Partnership's review...

  Tags: Coles Myer, FINANCE, Retail, UBS Warburg

• Coles upshot could be a spin-off.

  - 2002-09-24

  Sep 24, 2002 (The Australian Financial Review - ABIX via COMTEX) Coles Myer investors are looking beyond the fractious boardroom and considering the break-up of the company's non-food businesses. In particular, preference share holders are considering their position should Myer Grace, Target and Kmart...

  Tags: Coles Myer, FINANCE, Investment, K Mart, Manufacturing, UBS Warburg

• Myer shrinks Coles profits.

  - 2002-08-08

  Aug 08, 2002 The Australian Financial Review ABIX via COMTEX -- The major Australian retailer, Coles Myer, delivered a profit warning on 8 August 2002. The company's CEO, John Fletcher, said that profits would be at the lower end of internal forecasts due to...

  Tags: Coles Myer, Retail, UBS Warburg