David Richards – Page 101

Citi Analyst Has Concerns About Breville As Tariffs Nobble Companies Growth

David Richards July 10, 2025 No Comments

Australian appliance maker Breville Group is navigating turbulent global trade conditions, as analysts express concerns over mounting tariff challenges impacting its international operations and future earnings. Citi analyst Sam Teeger…

The Good Guys Top TV Executive Quits

David Richards July 10, 2025 No Comments

John Milonas a long time TV category buyer at The Good Guys is leaving in what has been described as a loss to the Company by CEO Biag Capasso. Milonas…

EXCLUSIVE: Dicker Data Questions Mwave Collapse and Administrator Appointment

David Richards July 10, 2025 No Comments

Following the collapse of Sydney-based tech retailer Mwave, which entered administration burdened with debts exceeding $18 million, distributor Dicker Data has called for the appointment of alternate administrators. The move…

Bleeding Losses LGs OLED TV Display Business Is In Trouble, Samsung Tipped As Potential Buyer

David Richards July 9, 2025 No Comments

LG Electronics and the OLED Display Company are facing a questionable future, as competitors who are able to operate more effectively strip OLED share, there is also rumours that Samsung…

BREAKING NEWS: Telstra To Slash Hundreds of Jobs This Week

David Richards July 9, 2025 No Comments

Telstra, whose CEO Vicky Brady has been bragging for months about their use of AI, is set to sack hundreds of people this week in a move that is a…

First Day Prime Day Sales Slump 14%

David Richards July 9, 2025 No Comments

Hours after the RBA put rates on hold on Australia it’s been revealed that trading on day one of Amazon’s Prime Day was down 14%, in early trading with three…

Samsung Profits Slump 55.9% Semiconductors A Major Problem

David Richards July 9, 2025 No Comments

Days after arch rival LG posted a 47% fall in profits Samsung Electronics has posted another shock earnings result with their second quarter 2025, operating profit plunging 55.9% to US…

RBA Holds Rates Amid Ongoing Economic Uncertainty, Dashing Retailers’ Hopes

David Richards July 8, 2025 No Comments

Retailers hoping for a rate cut from the Reserve Bank of Australia (RBA) were left disappointed today, as the central bank opted to keep the cash rate unchanged, citing persistent…

Massive Blow For Apple As Top AI Executive Quits

David Richards July 8, 2025 No Comments

Already reeling from the perception that they seriously struggling to develop an AI solution to compete with the likes of Google, Samsung and Microsoft the iPhone maker is now facing…

Ingram Micro Reels from Ransomware Attack, Still Disrupting Australian Supply Chains

David Richards July 8, 2025 No Comments

Ingram Micro shares have dropped over 5%, extending their year-to-date decline to more than 17%, as the company grapples with the fallout from a major ransomware attack. Four days after…