Wesfarmers

Wesfarmers to raise $757m in bond issue

Wesfarmers Ltd is to raise euro500 million ($A756.66 million) following the successful pricing of an inaugural issue of bonds.

Wesfarmers H1 profit up 1% to $879m

Wesfarmers Ltd has unveiled a one per cent rise in first half net profit, exceeding market expectations, after continuing strong growth in its retail business.

Wesfarmers stock jumps as results come out ahead

Coles owner Wesfarmers has unveiled a 1% rise in first-half net profit, prompting a sharp turnaround in the fortunes of its stock.

Wesfarmers exits the doghouse

Malcolm Maiden Wesfarmers paid a top of the bull-market $18b for Coles in 2007. At last, it looks like making sense.

Wesfarmers surprises with Kmart, Target results

Eli Greenblat Wesfarmers has pulled off one of the big surprises of this earnings season, revealing that Target and Kmart had double-digit earnings leaps in the first half.

Retail management committee for Wesfarmers

Wesfarmers has set up a committee to co-ordinate the running of its leading retail chains Kmart and Target.

Wesfarmers in bid to rein in divisions

Eli Greenblat Wesfarmers sets up a committee to oversee co-ordination of its leading retail chains Kmart and Target.

Production down at Wesfarmers coal mines

Diversified group Wesfarmers Ltd says production at its coal mines was down during the final quarter of calendar 2009.

Wesfarmers hovers over Griffin

Clancy Yeates and Vanda Carson Wesfarmers is emerging as the front-runner to buy the assets of collapsed West Australian coalminer Griffin Coal.

Wesfarmers stays mum on Griffin Coal bid

Wesfarmers Ltd has declined to comment on speculation it may be planning to bid for the assets of major Western Australian coal miner, Griffin Coal.

Wesfarmers 4th biggest Asia-Pac retailer

Alison Bell Wesfarmers' five-year growth surge and its acquisition of Coles Group saw the conglomerate become the Asia Pacific's fourth largest retailer by sales in 2009.

Wesfarmers chief pockets $8.1m

Richard Goyder's total remuneration rose by 60.7 per cent in 2008/09, but he faces a pay freeze this year.

Worst is over, says Wesfarmers CEO

Wesfarmers Ltd managing director and chief executive Richard Goyder says he is confident Australia is through the worst of the global economic downturn.

Wesfarmers signs up ex-premier Carpenter

Chris Zappone Former WA premier Alan Carpenter has joined Wesfarmers as its new executive general manager of corporate affairs.

Wesfarmers sees further growth for Bunnings

Wesfarmers’ hardware arm, Bunnings, has forecast further grow as rival Woolworths plans to enter the competitive hardware market.

Wesfarmers jumps after Coles gains

Wesfarmers shares leap after the company reported strong sales at its Coles retailing operations.

Coles Q1 performance solid: Wesfarmers

Wesfarmers says its Coles retailing business had a solid performance in the first quarter on the back of rising food and liquor sales and consumer confidence.

Wesfarmers reports coal production rise

Diversified conglomerate Wesfarmers Ltd has reported a lift in year-on-year production at most of its coal mines.

Wesfarmers 'concerned by rate rise'

Wesfarmers chief Richard Goyder says he is concerned a potential interest rate rise could damage consumer confidence amid a fragile economic recovery.