WDC

Westfield Group (WDC)

Stock Code

WDC

Stock Exchange

ax

Westfield Group (WDC) is a real property management group vertically integrated and internally managed with a global portfolio. Its operations involve property management, shopping centre investment, property development, leasing and marketing, funds/assets management and design and construction. WOS was listed on the Australian Stock Exchange on the 5th of July 2004. Its average annual revenue reaches approximately AUD$6 million. Its headquarters is located in Sydney, Australia. Westfield Group operates mainly in three business segments: Funds, Property Development and Property Management.

Westfield Group $1.718 billion Profit up 18.3% FY2012


Shopping Centre Management Company, Westfield (ASX:WDC) have announced its full year financial results for 2012 to its shareholders and investors on the Australian stockmarket.

  • Westfield Group had a full year profit of $1.718 billion up 18.3 percent on the prior corresponding period.

Confidential Negotiations on Westfield and AMP Split


Australian property group, Westfield (ASX:WDC) is in confidential negotiations with financial services group, AMP (ASX:AMP) about a split in the shopping centre portfolio they own.

2012's First Week of the Best and Worst Traded Stocks


The holidays are over and companies are back in business to face the new year for the rollercoaster ride of share prices. The lists below are a record of the best and worst traded stocks in the ASX100, ASX200 and All Ordinaries in the Australian Securities Exchange in the first week of 2012, January 2-6, 2012.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

Westfield Posts Strong Profits Despite Gloom


Westfield (ASX:WDC) yesterday posted $650.9 million net profit for the six months to June 30 with retails sales in the country and New Zealand shooting 4.6 percent. Sales in the United Kingdom jumped 8.1 percent while US sales rose 1.2 percent.

What's up in the Share Market News Tomorrow?


There are no upcoming floats but the rest of the board is filled on August 10, 2011.Five companies will have their extraordinary general meeting and four companies have upcoming dividends.

Dividends: ESV, RIO, WDC, WRT

There are four upcoming dividends for August 10, 2011 – eServglobal Limited, Rio Tinto, Westfield Group, Westfield Retail Trust.

Westfield sells $1.2 Worth of Non-core Assets


Westfield (ASX:WDC) will sell its non-core assets worth $1.2 billion. Non-core assets are no longer useful or essential to the company, with the proceeds of their sale used to fund extra cash or pay debt. Westfield is set to publicly announce the sale of its US shopping centres.

Westfield Reaches Forecast Figures


Westfield (ASX:WDC) confirms profit guidance of $1.7 billion for 2011. Frank Lowly says the forecast is equivalent to 76.4 cents per security. "As we recently reported, the first quarter of 2011 has seen continued strong performance across the entire portfolio globally," he told shareholders.

Funds from operations were expected to range from $1.47 billion to $1.5 billion. Westfield is likely to pay 48.4 cents per security in 2011.

Westfield Plans Expansion


After "pleasing" sales results in local markets and in the United States, Westfield (ASX:WDC) has announced plans to step up expansion plans for the first quarter of this year.

In yesterday's update, Westfield's joint group managing directors Steven and Peter Lowy said the group has started its $490 million development activities in the three months to end of March.

Westfield Reaches Expected Earnings, Boost Projects


Westfield (ASX:WDC) confirms forecast earnings and will start developmens in the next two years. The company has also stated that its net operating income is in line with the first quarter share trading forecast.

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