UPDATE: Coles Myer Record FY Net Beats Mkt Expectations
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MELBOURNE (Dow Jones)--Australia&#39;s largest retailer Coles Myer Ltd. (CML.AU) reported Wednesday a better-than-expected 44% rise in annual net profit, driven by booming
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Wesfarmers Ltd. , which owns Australia's largest hardware chain, has agreed to buy retailer Coles Group Ltd.  for A$20.7 billion ($17.7 billion) in cash and stock, in the country's biggest takeover.
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COLES Myer customers could soon be able to pick up a managed fund portfolio with their weekly shopping after chief executive John Fletcher flagged a move into financial planning.
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Shares in the pub and bottle shop owner Australian Leisure &amp; Hospitality Group slipped yesterday after Coles Myer chief executive John Fletcher gave his strongest indication yet that the retailer&#39;s
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MELBOURNE: Coles Myer Ltd, Australia&#39;s biggest retailer, said yesterday it would hand over its payroll and human resources administration to EDS Australia late next year, affecting 120 jobs.
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The footwear and apparel maker set records for the fourth quarter and full year.
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SYDNEY (Dow Jones)--Coles Myer Ltd. (CML.AU) blinked first in the bitter and expensive battle for a sliver of Australia&#39;s A$11 billion retail liquor market, handing victory to arch rival Woolworths Ltd.
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Coles Myer Ltd. Australia&#39;s biggest retailer, increased second-half profit by 26 percent after opening fuel and convenience stores, selling more-profitable groceries and cutting costs.
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Shareholders of Australian retailer Coles Group Ltd. on Wednesday voted overwhelmingly in favor of a $17 billion buyout from conglomerate Wesfarmers Ltd. in Australia's largest-ever takeover bid.
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Australia's second-biggest retailer,  Coles Myer Ltd., on Wednesday rejected a A$17.3 billion ($13.3  billion) buyout bid by a private equity consortium, saying it  substantially undervalued the company.
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Chelsea beat Birmingham 1-0 yesterday on Joe Cole&#39;s 68th-minute goal for its second straight shutout in the English Premier League.
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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.
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Coles Myer has branded the new Woolworths bid offered for Australian Leisure &amp; Hospitality Group as unacceptable. Coles Myer, which has teamed up with Macquarie Bank through joint venture vehicle CMM Hotel
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Chelsea's knee-victim Ashley Cole has passed a significant test on the road back to full fitness after coming through unscathed in a midweek reserve fixture.
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Spice manufacturer McCormick & Co. Inc.   MKC.N on Wednesday posted earnings that beat analysts'   expectations, helped by strong sales of new products and ethnic   foods.
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Sydney - Australian retailer Coles Myer on Tuesday said it would not raise its bid for pubs operator, Australian Leisure and Hospitality, as rival Woolworths said it had gained more than 20 percent of the company and declared its offer unconditional.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.