API share price (ASX:API) falls after rejecting Wesfarmers takeover offer
API said no deal to Wesfarmers this morning.
Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brooke s interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you ll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow.
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Wesfarmers Ltd‘s (ASX: WES) takeover offer.
Wesfarmers Ltd(ASX: WES) shares have been a very strong performers in 2021.
Since the start of the year, the conglomerate’s shares have risen a sizeable 20%. This means Wesfarmers shares are now up 34% over the last 12 months.
Unsurprisingly, given these strong gains, expectations are high for Wesfarmers next month when it hands in its full year results.
In light of this, I thought I would take a look to see what the market is expecting from the retail giant.
Here’s what to look for during reporting season
The market is expecting favourable trading conditions to lead to solid revenue and profit growth in FY 2021.
Why has the Brickworks share price rocketed up 50% in the last year? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Here are 2 top ASX dividend shares that could provide steady passive income
Soul Patts and Charter Hall Long WALE REIT both have been paying steady income.
Tristan Harrison has been a contributor to The Motley Fool since October 2016. He has an advanced diploma from the Association of Accounting Technicians (UK) and is currently studying to be a Chartered Institute Management Accountant. Tristan s goal is to help Australians learn about the great businesses listed on the ASX that will help grow their portfolio, wealth and confidence about investments over the long term. He s a keen tennis fan and can t wait for the next Australian Open to roll around.