Consumer Staple Stocks News and Tips on the ASX.

Wesfarmers (WES) Bunnings Up 4.7% For Third Quarter

Wesfarmers Ltd. owns retail chains, operates mines, writes insurance, manufactures and distributes industrial products, manufactures fertilizers and chemicals, and distributes liquefied petroleum gas and medical and industrial gases. Blue chip stock Wesfarmers said today at a strategy briefing that third-quarter sales at its Bunnings home improvement stores were up 4.7% on year. The company also


GrainCorp 1H FY12 Net Profit $133.7 million

GrainCorp Limited provides grain industry related services in Australia.  The Group provides grain and bulk commodities handling and storage for growers, end users and marketing organizations. The Group also operates grain pools, provides transportation services for bulk commodities along with farming products and flour milling and mixing services. Consumer staple stock GrainCorp reported a 1H


Metcash: Stocks To Watch

Metcash Limited (MTS) is a marketing and distribution company operating in the food and other consumer goods sectors. MTS is divided into four business units: IGA Distribution, Campbell’s Wholesale, Australian Liquor Marketers and Mitre 10. All of the business units are full owned by MTS with the exception of Mitre 10, which is 50.1% owned.


Metcash To Restructure Business

Metcash Limited (MTS) is a leading marketing and distribution company operating in the food and other fast moving consumer goods categories. MTS operates via three business units: IGA Distribution (retail), Campbells Cash & Carry (wholesale) and Australian Liquor Marketers (ALM; liquor wholesale). Metcash announced that it will restructure its business, cut 478 jobs and incur


Australian Stocks Dividend News: Metcash Ltd (MTS)

Metcash Limited (ASX:MTS) is a leading marketing and distribution company operating in the food and other fast moving consumer goods categories. MTS operates via three business units: IGA Distribution (retail), Campbells Cash & Carry (wholesale) and Australian Liquor Marketers (ALM; liquor wholesale). Metcash today released its first half results, which showed a 14% decrease in


ASX Blue Chip Stocks News: Wesfarmers (WES)

Wesfarmers (ASX:WES) is Australia’s leading conglomerate, headquartered in Perth, Western Australia.  It is also widely considered among the market’s blue chip stocks. The company owns several iconic Australian businesses, including supermarket chain Coles, hardware retailer Bunning’s Warehouse, discount department stores Target and K-Mart, and office supplies provider Officeworks. WES also involves in industrials supplies distribution,


ASX Small Caps Shares News: Goodman Fielder (GFF)

Goodman Fielder (ASX:GFF) is Australasia’s leading listed food company, delivering products to over 30,000 supermarkets, convenience stores and food service customers throughout Australia, New Zealand and the Pacific Islands. The company owns a host of iconic bakery and dairy brands, including Meadow Lea, Praise, White Wings, Pampas, Mighty Soft, Helga’s, Wonder White and Irvines. GFF has


Australian Shares News: Wesfarmers (WES)

Wesfarmers (ASX:WES) is Australia’s leading conglomerate, and one of the most widely know blue chip stocks in the Australian share market. Since listing on the ASX in 1984, the company has recorded strong growth in assets and profits. The company owns several iconic Australian businesses, including supermarket chain Coles, hardware retailer Bunning’s Warehouse, discount department