Coles Myer

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coles myer and wesfarmers ltd. - All News and Analysis

• Retail group thinks small as majors exit.

  - 2005-08-07

  Byline: Simon Evans Aug 07, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Australian Retailers Association ARA CEO Duncan Shaw is confident that the group will survive, despite the...

  Tags: Coles Myer, Wesfarmers Ltd., Woolworths

• Woolies ponders $1 billion sell-off.

  - 2005-07-14

  Jul 14, 2005 (The Mercury - ABIX via COMTEX) Australian supermarket group Woolworths will not comment on reports it is considering divesting its $A1bn chain of national distribution centres. It has been reported that JP Morgan Australia has been appointed by the company...

  Tags: Coles Myer, J.P. Morgan Chase & Co., Telstra Corp., Wesfarmers Ltd., Woolworths

• RBA may not cut Eftpos fees, says lawyer.

  - 2005-05-24

  May 24, 2005 (The Australian Financial Review - ABIX via COMTEX) Major Australian retailers haven taken the Reserve Bank of Australia RBA to court over Eftpos fee cuts. In 2004 the RBA announced that it had the jurisdiction to regulate the electronic point of sale...

  Tags: Coles Myer, Wesfarmers Ltd.

• Surplus gets a bonus.

  - 2003-09-30

  Sep 30, 2003 (Herald Sun - ABIX via COMTEX) The Australian Government had a larger than expected Budget surplus for 2002-03. The surplus was $A7.5 billion, instead of the $A3.9 billion which was forecast in May 2003. The Government collected $A2.1 billion more than...

  Tags: Coles Myer, Wesfarmers Ltd., Woolworths

• Shares tumble as oil price peaks.

  - 2003-02-16

  Feb 14, 2003 (The West Australian - ABIX via COMTEX) Fears of war in Iraq and rising oil prices affected the Australian sharemarket on 14 February 2003. The oil price has reached $US36.60 a barrel, its highest point since November 2000, and gold has gained...

  Tags: Coles Myer, Wesfarmers Ltd.

• Blue chips suffer the blues.

  - 2003-02-11

  Feb 11, 2003 (The Australian Financial Review - ABIX via COMTEX) Investing in blue chip stocks has traditionally been the way for Australian investors to make safe gains. In 2003, however, the situation is dramatically different. Some of Australia's most prestigious companies are under...

  Tags: Coles Myer, Telstra Corp., Wesfarmers Ltd.

• Leaders dragged market down.

  - 2003-01-01

  Jan 01, 2003 (The Australian Financial Review - ABIX via COMTEX) Australia's top 20 stocks, which are supposed to lead the market, dragged it down in 2002. The poor performance of "blue chip" equities such as Telstra, Brambles, Lend Lease, Coles Myer and AMP...

  Tags: Coles Myer, Rio Tinto, Telstra Corp., Wesfarmers Ltd.

• It pays to run, or stop running, a big business.

  - 2002-09-30

  Sep 30, 2002 (The Age - ABIX via COMTEX) Several high-profile Australian executives received bumper pay packages in 2001-02. These packages coincided with a 15 slump in the S&P/ASX 200 share price index since its peak in March 2002. Westfield Holdings chairman, Frank Lowy,...

  Tags: BHP Billiton, Coles Myer, Wesfarmers Ltd.

• Bosses' big bikkies: salaries and golden handshakes skyrocket.

  - 2002-09-30

  Sep 30, 2002 (The Sydney Morning Herald - ABIX via COMTEX) Several high-profile Australian executives received bumper pay packages in 2001-02. These packages coincided with a 15 slump in the S&P/ASX 200 share price index since its peak in March 2002. Westfield Holdings chairman,...

  Tags: BHP Billiton, Coles Myer, Wesfarmers Ltd.

• Duds apart, profit season ends on optimistic note.

  - 2002-09-13

  Sep 13, 2002 (The Australian Financial Review - ABIX via COMTEX) Australia's mid-2002 profit reporting season was generally positive, with many companies exceeding expectations. Wesfarmers is one of the companies that bettered its own forecasts and those of analysts, with a 65 per cent...

  Tags: BHP Billiton, Coles Myer, Wesfarmers Ltd., Woolworths