Wesfarmers

Shares in Insurance Australia Group also shot up as speculation swirls of a takeover bid by Wesfarmers, which is trying to ramp up its insurance sales through the Coles supermarket network.

NEWS.com.au | Top Stories 2011

Wesfarmers, which is holding a strategy day for investors, said that it also saw a rise in Coles fuel and convenience sales for the 13 weeks ended September 27.

AustralianIT.com.au | Top Stories 2009

One consolation is that I wouldn't have done especially well investing in a listed agribusiness company such as Wesfarmers, and would have done almost as badly if I'd put my money into a supposedly 'safe' agribusiness such as the Australian Wheat Board.

Enough Wealth enoughwealth@yahoo.com 2009

Wesfarmers fell 2.2% after its food and liquor sales missed expectations.

Asian Shares Slide on U.S. Debt Impasse John Phillips 2011

Goldman Sachs analysts said Woolworths reported another solid result but noted that earnings momentum in its Food & Liquor business in the first half moderated to 8%, compared with 20% growth at rival Coles, owned by Wesfarmers Ltd.

Woolworths Reports 6% Rise in 1H Profit Ross Kelly 2011

The head of SGX's listings department is leading the delegation to the rich mining state of Western Australia, home to more than 40% of the stocks listed on the ASX, including bellwethers Wesfarmers and Woodside Petroleum Ltd.

SGX Execs in Australia Before ASX Takeover Application Enda Curran 2011

Woolworths, which is in a battle for dominance of Australia's supermarket sector with rival Coles, owned by conglomerate Wesfarmers Ltd., said its net profit in the 12 months ending June 26 was A$2.12 billion, up 5.1% from the previous year's A$2.02 billion.

Australia's Woolworths Sees Tough Year for Retail Gavin Lower 2011

Chinese buyers have also been on the Australian acquisition trail, with deals including Yanzhou Coal Mining Co.'s 296.8 million Australian dollar US$301.8 million acquisition of two coal units of Wesfarmers Ltd. Other global mining majors have been scouting for Australian assets as well, with Peabody Energy Corp. recently buying Australian coking coal miner Macarthur Coal Ltd. for A$4.9 billion.

Aditya Birla Explores Bid for New Hope Bijou George 2011

Woolworths is set to broaden its challenge to Wesfarmers to the A$40 billion home-improvement sector, with the planned opening next month of its first Masters store, a joint venture with Lowe's Cos. that will go up against its rival's Bunnings chain.

Australia's Woolworths Sees Tough Year for Retail Gavin Lower 2011

Last week Wesfarmers said EBIT at its retail division was up 8.2%, to A$2.53 billion.

Australia's Woolworths Sees Tough Year for Retail Gavin Lower 2011