Wesfarmers

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Reuters - 2 주 전

Australian pharma firm Genetic Signatures gains as Bell Potter lifts PT

BUZZ-Australian pharma firm Genetic Signatures gains as Bell Potter lifts PT ** Shares of Australia's Genetic Signatures GSS.AX rise as much as 6.2% to A$0.78, their highest since early June ** Analysts at Bell Potter raise PT on the pharmaceutical company to A$1.1 from A$0.75; keep stock rating at "Buy" ** Brokerage says FY25 set to be positive ye

Reuters - 3 주 전

Sticky inflation restricts 1H gains for Aussie staple consumer firms

BUZZ-Sticky inflation restricts 1H gains for Aussie staple consumer firms ** Australian staple consumer stocks .AXSJ on track to gain a meagre 1% in 1H24, underperforming the broader benchmark index .AXJO ** Top Aussie supermarket chain Woolworths Group WOW.AX has lost 9.6% in 1H24, eyeing its worst half-year since 2016 ** Sticky inflation across the spectrum has meant consumers are cutting down on spending ** Westpac senior economist says pessimism prevails among consumers and high inflation ha

Reuters - 1 달 전

Australia's IDT gains on progress in deal talks

BUZZ-Australia's IDT gains on progress in deal talks ** Shares of IDT Australia IDT.AX up 4% at A$0.13 ** The Australian pharma manufacturer says Myndbio Pty Ltd has been granted access to due diligence information to progress discussions for proposed takeover ** Adds talks with Myndbio for proposed A$0.15 per IDT share takeover continue ** Stock o

Reuters - 2 달 전

Wesfarmers Says WesCEF Sells LPG And LNG Distribution Businesses

BRIEF-Wesfarmers Says WesCEF Sells LPG And LNG Distribution Businesses May 30 (Reuters) - Wesfarmers Ltd WES.AX : SELLS LPG AND LNG DISTRIBUTION BUSINESSES WESCEF SELLS LPG AND LNG DISTRIBUTION BUSINESSES AGREED TO SELL ITS LPG DISTRIBUTION AND ITS LNG DISTRIBUTION BUSINESSES TO SUPAGAS AND CLEAN ENERGY FUELS AUSTRALIA, RESPECTIVELY EXCLUDED FROM D

Reuters - 2 달 전

Australia's Wesfarmers to sell LPG, LNG distribution businesses

UPDATE 1-Australia's Wesfarmers to sell LPG, LNG distribution businesses Adds details, background May 30 (Reuters) - Wesfarmers WES.AX will sell its liquefied petroleum gas (LPG) and liquefied natural gas (LNG) distribution businesses to Supagas and Clean Energy Fuels Australia respectively for an undisclosed sum, the conglomerate said on Thursday.