Thursday, May 24, 2012 9:11 AM IST

Wesfarmers

Wesfarmers Limited (Wesfarmers) is an Australia-based company. The principal activities of the Company include retailing operations, including supermarkets, general merchandise and specialty department stores; fuel, liquor and convenience outlets; retailing of home improvement and outdoor living products and supply of building materials; retailing of office and technology products; coal mining and production; gas processing and distribution; insurance; industrial and safety product distribution; chemicals and fertilizers manufacture, and investments. The Company operates in 10 business segments: coles, home improvement and office supplies, resources, insurance, Kmart, target, industrial and safety, energy, chemicals and fertilizers, and others. The Company’s subsidiaries include AALARA Risk Management Pty Ltd, All Transport Insurance Brokers Pty Ltd, ALW Newco Pty Limited, Andearp Pty Ltd, Arana Hills Properties Pty Limited and Australian Gold Reagents Pty Ltd.

Headlines Around the Web

Insurer IAG in takeover crosshairs

Dec 08 - News.com.au

Wesfarmers keen to ride out storms

Nov 09 - News.com.au

Sales fail to keep up for Target

Oct 20 - News.com.au

Coles sales up 8 per cent to $8bn

Oct 20 - News.com.au

Target in hunt for a new MD

Sep 19 - News.com.au

Coles , Bunnings lift Westfarmers

Apr 20, 2011 - News.com.au

Wesfarmers profit jumps 33%

Feb 17, 2011 - MarketWatch

Strong Coles sales help first half growth

Jan 31, 2011 - News.com.au

Woolworths, Coles in 'world power list'

Jan 19, 2011 - News.com.au

Wesfarmers says board to be 50pc women

Nov 09, 2010 - News.com.au

Bumper profits at Coles as sales hit $30b

Aug 19, 2010 - News.com.au

Wesfarmer profit up 2.8pc to $1.57bn

Aug 19, 2010 - News.com.au

Kmart avoids heavy stimulus carnage

Jul 27, 2010 - News.com.au

Shares higher as banks gain

Jul 26, 2010 - News.com.au

Articles About Wesfarmers

Traders work on the floor of the New York Stock Exchange, May 1, 2012.
Australian Stock Market Report – Midday 5/24/2012

By Comsec

Yesterday the Australian share market lost ground for the first time this week, with the All Ordinaries Index (XAO) down 54.7 points to 4,118 point. Last night Key European index's lost 2-3% after discussions at the European Leaders summit in Br... (9:10 am)

MORE TOPICS: GOLD, TWITTER, FACEBOOK, AUSTRALIA, COPPER, MANAGEMENT

Investment management firm Loomis Sayles is bullish U.S. stocks for 2012 and beyond
Australian Stock Market Report – Midday 5/15/2012

By Comsec

Yesterday, the Australian share market closed higher boosted by an ease in Chinese monetary policy, with the All Ordinaries Index (XAO) up 9 points to 4,351 points. (May 15)

MORE TOPICS: WESTPAC, TWITTER, FACEBOOK, AUSTRALIA, WOOLWORTHS, TELSTRA

A board shows stock prices for Walmart, Linkedin, McDonald's and Coca-Cola at the booth they are traded on the floor of the New York Stock Exchange
Australian Stock Market Report – Midday 5/4/2012

By Comsec

The Australian share market lost ground yesterday, with the All Ordinaries Index (XAO) easing by 10.3 points to 4,494 points. (May 04)

MORE TOPICS: GOLD, WESTPAC, TWITTER, FACEBOOK, AUSTRALIA, EUROPEAN CENTRAL BANK

Price labels of half gallons of milk for sale are seen in a store in New York April 7, 2011.
Meeting Averts WA Farmers Boycott of Coles Over Milk Pricing

By IBTimes AU

The strike of West Australian farmers against Coles' pricing policy of a $1 reduction per litre of milk was averted by a meeting of the producers with the supermarket giant this week. (Apr 27)

MORE TOPICS: RETAIL, WOOLWORTHS

Updates: Seven West, PMP, Newcrest Downgrade, Coles Sales Up

By Aireview

Media stocks will to come under renewed downward pressure today after surprise earnings downgrades from Seven West Media and PMP late Tuesday. (Apr 27)

MORE TOPICS: GOLD, ADVERTISING, RETAIL, COPPER, MANAGEMENT, WOOLWORTHS

Traders work on the floor of the New York Stock Exchange
Australian Stock Market Report – Midday 4/24/2012

By Comsec

The Australian share market has managed to shrug off weak offshore leads and fears of a mass sell-down to start the trading day on a positive note. US and European markets slumped overnight, as uncertainty surrounds the future of the French and Dutch governments. (Apr 24)

MORE TOPICS: GOLD, TWITTER, FACEBOOK, COPPER, CONSUMER PRICE INDEX, WOOLWORTHS

Coles Growth Plunges a Bit in March Quarter, Highlights Continuing Weak Retail Sector
Coles Posts Subdued Growth in March Quarter; Signs of More Challenging Times Ahead for Retail Sector

By IBTimes AU

Australia's retail sector remains under pressure as reflected by the third quarter results of Wesfarmers' Coles supermarket chains, which slightly moved up but exceeded the general growth forecasts earlier set by the market. (Apr 24)

MORE TOPICS: AUSTRALIA, RETAIL, WOOLWORTHS

Updates: Weak Sales From Woolies; Bradken, Boral Cut Profit Forecasts

By Aireview

Further evidence that Woolworths has lost its way could come tomorrow when rival Coles' third quarter sales figures are released by parent Wesfarmers. (Apr 23)

MORE TOPICS: MANUFACTURING, AUSTRALIA, MANAGEMENT, WOOLWORTHS, INVESTMENT

Australian Stock Exchange
Australian Stock Market Report – Midday 4/20/2012

By Comsec

Yesterday the Australian share market improved for the second straight day, with the All Ordinaries Index (XAO) finishing higher by 14.1 points to 4,441 points. (Apr 20)

MORE TOPICS: CATERPILLAR, TWITTER, FACEBOOK, AUSTRALIA, WOOLWORTHS, WESFARMERS LIMITED

Retail: The Coming Change Is Clearer

By Aireview

Slowly, the shape of retailing is changing as more of the world's biggest groups abandon the 'big is best' approach in favour of smaller stores, more savvy internet offerings and a slower rate of new store openings. (Apr 20)

MORE TOPICS: CHINA, RETAIL SALES, AUSTRALIA, ADVERTISING, RETAIL, MANAGEMENT