David Richards – Page 189

Splash The Cash Kogan Under Investigation After Pocketing Millions From Questionable Options Deal

David Richards May 7, 2024 No Comments

Ruslan Kogan the bragging CEO of struggling online web site, Kogan.com, and his long-time finance director David Shafer are being probed by the ASX over, controversial share options deal awarded…

EXCLUSIVE:LG OZ Revenues Plunge 21% Profits Also Take A Dive

David Richards May 6, 2024 No Comments

LG Electronics Australia has seen a massive 21% slump in revenues, with the Company struggling to lift sales of their OLED TV’s and premium appliances after the business chose to…

Is It Time For New ‘Independent’ Directors At Harvey Norman As Insiders Lift Shareholdings

David Richards May 6, 2024 No Comments

Hedge funds don’t have many shares in Harvey Norman Holdings, with insiders who pocket millions in salaries perks and bonuses, that outside investors don’t get now controlling 43% of the…

Highest Paid Public Servant Takes Top Optus Job

David Richards May 6, 2024 No Comments

Optus has appointed current NBN chief Stephen Rue (Seen above) as its new CEO, following the exit of former CEO Kelly Bayer Rosmarin who was running the Singapore owned Company…

Snap One Forced To Go On Offensive In Bitter Fight Over Josh.ai Remote

David Richards May 5, 2024 No Comments

Snap One the manufacturer of Control 4 automation systems, and Josh.ai, the manufacturer of an automation remote is having a go at each other in a US court over patents,…

Network Ten & Paramount+ Owners Walk Away From Buy Offer As Warren Buffett Also Bails

David Richards May 5, 2024 No Comments

Network 10 owners Paramount Global, have walked away from Skydance Media without reaching a deal, as Warren Buffett admits that he has sold down his shareholding in the business…

Big W Sales Fall As More Questions Raised About Consignment Model

David Richards May 3, 2024 No Comments

Big W sales have fallen as several CE and appliance brands question whether to continue supplying the Woolworths owned retailer with consignment stock. Total sales for the quarter declined by…

Apple Revenue Falls, Share Value Climbs As iPad Sales Spiral

David Richards May 3, 2024 No Comments

Apple who are struggling to come up with a big new product after their Vision Pro Goggle failed and they were forced to get out of the electric car business,…

Is It Becoming High Risk Buying A Peloton Bike As CEO Quits And Sales Tanks

David Richards May 3, 2024 No Comments

Is it becoming high risk to buy a high-tech Peloton product after revenues crashed again, their CEO quit and another 15% of their employees were sacked. The business that opened…

Electrolux Facing Hundreds Of Asbestos Claims As Sales Tank & CEO Quits

David Richards May 2, 2024 No Comments

Electrolux Group president and CEO, Jonas Samuelson, has quit with the business struggling both globally and in Australia. with sales for the last quarter with nett sales down 5%, Asia…