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Woolworths

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Reuters - vor 1 Stunde

Woolworths Says Board Does Not Support Proposed Resolutions On Farmed Seafood From Macquarie Harbour

BRIEF-Woolworths Says Board Does Not Support Proposed Resolutions On Farmed Seafood From Macquarie Harbour Oct 31 (Reuters) - Woolworths Group Ltd WOW.AX : BOARD DOES NOT SUPPORT PROPOSED RESOLUTIONS ON FARMED SEAFOOD FROM MACQUARIE HARBOUR Further company coverage: WOW.AX
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Reuters - vor 5 Stunden

Australia's Coles posts slower Q1 sales growth amid shelf price scrutiny

UPDATE 3-Australia's Coles posts slower Q1 sales growth amid shelf price scrutiny Updates with share moves in paragraph 5, analyst comments in paragraphs 8 and 10 Coles records 2.4% rise in comparable sales Co posts 2.9% jump in Q1 group sales revenue Jefferies says Coles' commentary 'more upbeat' than rival Woolworths By Shivangi Lahiri Oct 30 (Reuters) - Australia's Coles COL.AX saw a slowdown in comparable sales in the first quarter on Thursday due to lower shelf prices for its products, even
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Reuters - vor 7 Stunden

Too early to buy either Woolworths or Coles, Jefferies says

BUZZ-Too early to buy either Woolworths or Coles, Jefferies says ** Analysts at Jefferies lower PT on Australian supermarket giant Woolworths WOW.AX to A$30 from A$36; keep stock rating at "hold" ** Jefferies says it is too early to buy WOW, or its peer Coles ** Brokerage says Woolworths, commonly known as "Woolies" , appears to be responding to th
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Reuters - vor 8 Stunden

Asia Morning Call-Global Markets

Asia Morning Call-Global Markets Oct 31 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 8180.4 -68.8 NZX 50** 12694.84 -88.52 DJIA 42263.8 +30.75 NIKKEI** 39277.39 +373.71 Nasdaq 18704.486 -8.262 FTSE** 8159.63 -59.98 S&P 500 5831.25 -1.67 Hang Seng** 20380.64 -320.5 SPI 200 Fut 8206 -2 STI** 3558.88 -31.48 SSEC** 3266.2378 -20.1692 KOSPI** 2593.79 -24.01 ---------------------------------------------------------------------------------------- Bonds Bonds JP 10 YR Bond 0.9
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Reuters - vor 21 Stunden

Australian shares fall as banks and Woolworths drag

Australian shares fall as banks and Woolworths drag Benchmark stock index marks lowest close since Oct 8 Consumer stocks fall to lowest since late May Australia Q3 inflation slows to 3-1/2-year low Updates to close By Ayushman Ojha Oct 30 (Reuters) - Australian shares fell on Wednesday, as banks lost ground and top grocer Woolworths led consumer stocks lower after warning about lower food earnings, while sticky core inflation cemented views that the central bank will not cut rates until next yea
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Reuters - vor 1 Tag

Australia inflation slows to 3-1/2 year low, but sticky core to push RBA cut to 2025

UPDATE 4-Australia inflation slows to 3-1/2 year low, but sticky core to push RBA cut to 2025 Headline CPI at 2.8% in Q3, back in RBA's target band of 2-3% Core sticky at 3.5%, services inflation picks up Data supports view of 2025 rate cuts; muted reaction in markets Adds CBA giving up their Dec rate cut call By Stella Qiu SYDNEY, Oct 30 (Reuters) - Australian consumer price inflation slowed to a 3-1/2 year low in the third quarter, though the core measure was still sticky and reinforced market
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Reuters - vor 1 Tag

Banks drag ASX 200 ahead of inflation data; Woolworths drops on lower outlook

Banks drag ASX 200 ahead of inflation data; Woolworths drops on lower outlook Oct 30 (Reuters) - Australian shares slipped on Wednesday, with banks leading the losses ahead of local inflation data, while supermarket giant Woolworths emerged as one of the major drags in the benchmark after flagging lower profit for the first half of the year. The S&P/ASX 200 index .AXJO was down 0.2% at 8,230.4 points, as of 2329 GMT.
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Reuters - vor 1 Tag

Supermarket operator Coles falls as it mirrors rival Woolies' share drag

BUZZ-Supermarket operator Coles falls as it mirrors rival Woolies' share drag ** Shares of Australia's Coles COL.AX fall as much as 3.5% to A$17.49 ** Stock hits lowest since mid-July and is on track for weakest trading session since Sept 23 ** Coles is Australia's second largest supermarket operator and grocer, behind larger rival Woolworths WOW.A
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Reuters - vor 1 Tag

Top Australian grocer Woolworths drags on bleak result, outlook cut

BUZZ-Top Australian grocer Woolworths drags on bleak result, outlook cut ** Shares of Australia's Woolworths WOW.AX fall as much as 5.7% to A$30.94 ** Stock is set for weakest trading session since Feb. 21 and lowest since May 31 ** Supermarket giant lowers earnings ests. for its Australian Food operation , warning of a tough road ahead for the fir
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Reuters - vor 1 Tag

Australian grocer Woolworths warns food earnings to fall as shoppers seek bargains

UPDATE 4-Australian grocer Woolworths warns food earnings to fall as shoppers seek bargains First-half EBIT in flagship Australian food division to decline from prior year Forecast for division below analyst expectations Shares fall as much as 6.3% Recasts and writes through with updated CEO quote in paragraphs 6-8 By Byron Kaye and Echha Jain SYDNEY, Oct 30 (Reuters) - Australian grocer Woolworths WOW.AX warned first-half profit from its main Australian food division would dip as a hunt for bar
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Reuters - vor 1 Tag

Australian grocer Woolworths' first-quarter sales rise about 5%

Australian grocer Woolworths' first-quarter sales rise about 5% Oct 30 (Reuters) - Australia's Woolworths Group WOW.AX reported a 4.5% jump in first-quarter group sales on Wednesday, as lower food prices helped drive more sales volumes. The country's top grocer logged total group sales of A$18.0 billion ($11.80 billion) for the September quarter, compared with A$17.22 billion a year ago, and beating a Visible Alpha consensus estimate of A$17.25 billion.
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Reuters - vor 1 Tag

Woolworths Expects Environment For F25 To Remain Challenging

BRIEF-Woolworths Expects Environment For F25 To Remain Challenging Oct 30 (Reuters) - Woolworths Group Ltd WOW.AX : EXPECT ENVIRONMENT FOR F25 TO REMAIN CHALLENGING QTRLY AUSTRALIAN FOOD SALES A$13,595 MILLION QTRLY TOTAL GROUP SALES A$18,004 MILLION EXPECT CUSTOMERS TO REMAIN EXTREMELY VALUE-CONSCIOUS WITH COST-OF-LIVING PRESSURES TO CONTINUE FOR
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Reuters - vor 3 Tagen

Australian shares waver as miners counter energy, gold stocks

Australian shares waver as miners counter energy, gold stocks Oct 28 (Reuters) - Australian shares struggled for a clear direction on Monday as gains by miners partially offset energy and gold stocks, while investors remained on the sidelines ahead of local inflation data due this week. The S&P/ASX 200 index .AXJO shed early gains of 0.2% to trade flat, as of 2236 GMT.
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Reuters - vor 6 Tagen

Australia, New Zealand corporate earnings week ahead

DIARY-Australia, New Zealand corporate earnings week ahead Oct 25 (Reuters) - Diary of Australia and New Zealand (.AXJO, .NZ50) corporate earnings for the week ahead AUSTRALIA & NEW ZEALAND EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 30-Oct-2024 22:00 SKC.NZ Skycity Entertainment Group Ltd Skycity Entertainment Group Ltd Annual Shareholders Meeting 30-Oct-2024 01:00 HGH.NZ Heartland Group Holdings Ltd Heartland Group Holdings Ltd Annual Shareholders Meeting 31-Oct-2024 21:00
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Reuters - vor 1 Woche

Metcash hits lowest since Feb 2021 as Goldman Sachs cuts PT, downgrades to 'sell'

BUZZ-Metcash hits lowest since Feb 2021 as Goldman Sachs cuts PT, downgrades to 'sell' ** Shares of Australia's Metcash Ltd MTS.AX drop as much as 6.5% to A$3.32, their lowest since Feb. 24, 2021 after Goldman Sachs trimmed PT and downgraded rating ** Brokerage cuts PT to A$3.1 from A$3.8, lowers rating to "sell" from "neutral" for the supermarket
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Reuters - vor 2 Wochen

Tax cuts fueling revival in Australia's discretionary spending, Morningstar says

BUZZ-Tax cuts fueling revival in Australia's discretionary spending, Morningstar says ** Analysts at Morningstar expect a broad rebound in retail spending from fiscal 2025 in Australia, reflecting meaningful tax cuts coupled with larger workforce and higher wages ** Brokerage says significant interest rate cuts by the local central bank could suppo
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Reuters - vor 1 Monat

Miners lift Australian shares; Star Entertainment slumps to record low

Miners lift Australian shares; Star Entertainment slumps to record low Star Entertainment falls 44% to hit record low Miners post biggest weekly gain since mid-April 2016 Financials fall 4.4% for the week Updates to close By Echha Jain Sept 27 (Reuters) - Australian shares edged slightly higher on Friday, buoyed by a major rally in miners, while embattled casino operator Star Entertainment hit an all-time low as it resumed trading after nearly a month and posted a second straight full-year loss.
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Reuters - vor 1 Monat

Woolworths Acknowledges ACCC Interim Report On Australia's Supermarket Sector

BRIEF-Woolworths Acknowledges ACCC Interim Report On Australia's Supermarket Sector Sept 27 (Reuters) - Woolworths Group Ltd WOW.AX : ACKNOWLEDGEMENT OF ACCC INTERIM REPORT ACKNOWLEDGES RELEASE OF ACCC'S INTERIM REPORT ON AUSTRALIA'S SUPERMARKET SECTOR WILL REVIEW REPORT IN DETAIL AND PROVIDE SUBMISSIONS OVER COMING MONTHS Further company coverage:
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Reuters - vor 1 Monat

Australia regulator reviews claims of Woolworths and Coles 'land banking'

UPDATE 1-Australia regulator reviews claims of Woolworths and Coles 'land banking' Updates story first published on Thursday to add Woolworths comment in 8th paragraph By Byron Kaye SYDNEY, Sept 26 (Reuters) - Australia's two dominant grocery chains have declared interests in more than 150 unrealised development sites, the antitrust regulator said, adding it was investigating whether "land banking" was hurting competition in the sector.
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Reuters - vor 1 Monat

Australia regulator reviews claims of Woolworths and Coles 'land banking'

Australia regulator reviews claims of Woolworths and Coles 'land banking' SYDNEY, Sept 26 (Reuters) - Australia's two dominant grocery chains have declared interests in more than 150 unrealised development sites, the antitrust regulator said, adding it was investigating whether "land banking" was hurting competition in the sector. The Australian Competition and Consumer Commission (ACCC) said Woolworths WOW.AX and Coles COL.AX , which together sell two-thirds of the country's groceries, were eff
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