S&P/ASX 200 rallies to close up 0.2%, March VIX futures still above 19
S&P/ASX 200 rallied nearly 30 points from its low to finish in the green.
Company
Wesfarmers Ltd
ASX:WES
Wesfarmers Ltd (ASX:WES) operates through a portfolio of diversified business interests including retail operations covering supermarkets, general merchandise and specialty department stores, fuel and liquor outlets and home improvement and office supplies; coal mining; gas processing and distribution; electricity generation; insurance; chemicals and fertilisers; and industrial and safety product distribution.
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Homebase drags down profits of Australian owner Wesfarmers in second half
Wesfarmers, which bought Homebase in 2016, posted an 87% drop in second half profits
S&P/ASX 200 recovers losses to finish slightly up, A2M up 29%
Australia's quarterly wages price index came in +0.6%, beating the expected +0.5%.
Wesfarmers to take £450mln hit from Homebase after “disappointing” first half performance from UK retailer
Homebase’s struggle is a blow to Wesfarmers' international expansion plans, which hinged on the successful roll-out of the Bunnings DIY brand across the UK and Ireland
Wesfarmers, getting the offer right
The job of miracle-worker was handed to Guy Russo and he has not only found a heart beat in the discount department store (Kmart), he has given it a shot of adrenaline.