Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 10 results for "Wesfarmers shares"

Drought-hit farmers turn to advice

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... payments when the season is good, hitting the $25,000 concessional contribution cap; and they have held on to old Wesfarmers shares which have appreciated over time. While frost-affected farmers stuck to their Wesfarmers stocks, some were able to draw ...

Adviser jailed for two years over $1.5M fraud

LAURA MILLAN  |  MONDAY, 24 NOV 2014
... seriously." In September 2014, following a four-week trial, a jury found King guilty of stealing two parcels of Wesfarmers shares valued at approximately $1,479,050 from a client's account to meet margin calls on King's mother's margin lending account. ...

Adviser forced to pay back $684,000

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
... four counts of stealing, which he pleaded not guilty. In late 2007 King allegedly borrowed from a client 85,000 Wesfarmers shares for three months as collateral for a margin loan account held by King's mother. In early 2008 Mr King's mother's account ...

Market Wrap

AAP  |  FRIDAY, 17 AUG 2012
... news, wealth manager AMP was 14 cents higher at $4.30 after it lifted first half net profit by 10 per cent. Wesfarmers shares rose $1.09 to $33.58 after it said a strong increase in earnings at its Coles supermarket chain helped lift full year profit ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 FEB 2012
... billion. Rival Woolworths shed one cent to $24.71. RBS Morgans Brisbane's director of equities Bill Chatterton said Wesfarmers shares were already fairly expensive as much of the good news seemed to already be priced in and the company's cost base was ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
... Australia and New Zealand. Shares in the company shrugged off the news to rise 46 cents, or 1.9 per cent, to $24.94. Wesfarmers shares added eight cents to $30.25. "There's already been a lot of bad news priced in to the (retail) sector after the race ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 AUG 2011
... UK-based beverages giant SABMiller plc, saying the $4.90 offer price undervalued the company significantly. Wesfarmers shares rose 36 cents to $30.66 after it reported it had increased full year profit 23 per cent to $1.922 billion and said it remained ...

Market Wrap

AAP  |  THURSDAY, 2 JUN 2011
... metallurgical coal mine in Queensland has hampered recovery efforts, forcing the company to downgrade sales guidance. Wesfarmers shares were 51 cents lower, by 1.6 per cent, at $32.62. The spot price of gold in Sydney was $US1,542 per fine ounce, up ...

Signature scam adviser banned for life: ASIC

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... ASIC and court action. Todd Michael King, of Perth, WA, allegedly used a scanned signature to transfer 85,000 Wesfarmers shares belonging to self-funded retiree Edwin Smith, into a margin account he had opened in his mother's name. King, 41, has been ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 OCT 2009
... first quarter of 2009/10 on the back of rising food and liquor sales, and an improvement in consumer confidence. Wesfarmers shares beefed up $1.69, or 6.39 per cent, to $28.13, while Woolworths gained 14 cents to $29.55. The big four banks were strong. ...
PAGE:
1