|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.38 - 14.52|
|52 Week Range||10.03 - 18.00|
|Beta (3Y Monthly)||0.31|
|PE Ratio (TTM)||37.02|
|Forward Dividend & Yield||0.52 (3.74%)|
|1y Target Est||N/A|
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BWP Trust and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Today we'll evaluate Wesfarmers Limited (ASX:WES) to determine whether it could have potential as an investment idea...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Wesfarmers Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
On 30 June 2019, Wesfarmers Limited (ASX:WES) announced its earnings update. Overall, analyst forecasts seem fairly...
Wesfarmers's first annual earnings update since demerging from grocery chain Coles last year shows its biggest earner, home improvement chain Bunnings, is impacted by consumer sentiment but is still largely resilient to broader economic headwinds. Pre-tax profit from Bunnings grew 8% for the year to end-June, its slowest pace since 2013.
Noting Lynas' receipt of a renewed operating licence for its Malaysian processing plant earlier in the day, Wesfarmers said it "has been unable to progress a proposal". In April, Wesfarmers said it was still interested in acquiring the only major producer of rare earth elements outside China and could table a less conditional bid after its earlier offer was rebuffed by Lynas' board.
Today we'll take a closer look at Wesfarmers Limited (ASX:WES) from a dividend investor's perspective. Owning a strong...
It's understandable if you feel frustrated when a stock you own sees a lower share price. But in the short term the...
Wesfarmers' third M&A push this year, announced on Wednesday, comes as it looks to widen its base from traditional brick-and-mortar retail business and as domestic retailers battle to keep customers from switching to the likes of online giant Amazon.com Inc. "From Wesfarmers' point of view, it gives them the digital and e-commerce capabilities that they were trying to build... you can either spend 10 years building it up, or you can go and buy one, and they've gone and bought one," said James McGlew, executive director of corporate stockbroking at Argonaut. Wesfarmers' online push and drive to diversify comes at a time when shoppers in Australia have tightened their purse-strings in response to rising household debt, tepid wage growth and a steep property downturn.
The chief executive of Australian rare earth metals producer Lynas Corp said on Friday that feedback from the Malaysian government relating to its plans to move initial ore processes out of the Southeast Asian nation has been favourable. In a strategic growth plan to 2025 unveiled last Tuesday, Lynas said it intends to build an initial ore processing plant in Western Australia that would help it overcome political headwinds in Malaysia. The operating licence for Lynas' processing plant in the country, due for renewal in September, is under threat on concerns over waste disposal.
Rare earths producer Lynas Corp on Tuesday unveiled detailed expansion spending plans for A$500 million ($346 million) to boost production, placate Malaysian regulators and fend off a takeover attempt. Lynas laid out a strategic growth plan to 2025 that included building an initial ore processing plant in Western Australia that would help it overcome political headwinds in Malaysia where the operating licence for its processing plant, due for renewal in September, is under threat on concerns over waste disposal.
Rare earths producer Lynas Corp said on Monday it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earths separation facility in the United States. The move comes as the United States, which is highly reliant on the world's biggest producer China for rare earths, is prioritising the sourcing of its own strategic minerals used in everything from consumer electronics to military equipment.
Wesfarmers Ltd's bid for Australia's Kidman Resources undervalues the lithium miner, analysts said on Friday, reflecting the financing difficulties the sector faces even as electric car makers warn of raw material shortages. Wesfarmers offered a 47 percent premium for Kidman, which is developing the Mount Holland project in Western Australia through a joint venture with battery chemicals maker Sociedad Quimica y Minera de Chile S.A. (SQM). Prospects for lithium demand look strong over the next decade as governments worldwide set ambitious targets to increase electric vehicle sales.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines The Restaurant Group picks ex-HBOS chief Andy Hornby for ...
Output of rare earths oxides (REO) in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced lasta year. Production of NdPr, or neodymium-praseodymium, rose 19.4 percent to 1,591 tonnes, a new quarterly record, said Lynas, the world's only major producer of rare earths outside China. Lynas added that in a move to combat continued weakness in market prices, it would reserve all NdPr product for its strategic business partners, which could lead to a build-up in inventory in the fourth quarter.