David Richards – Page 234

Netflix Falls As Binge & Kayo Surge

David Richards August 28, 2023 No Comments

As Foxtel owned Binge and Kayo subscriptions climb, Netflix subscriptions are falling in Australia while their game play offering is being totally ignored globally. Subscribers are ditching Netflix for the…

He Sold Coffins, CE & Appliances As Well As Gold & Diamonds, Costco Boss Set To Retire

David Richards August 27, 2023 No Comments

A Costco US executive is set to take the reins of their Australian operation after current boss Patrick Noone who pioneered the setting up in Australia of the giant US…

Is The Federal Government Set To Nobble Ceiling Fans & Appliances, The US Is?

David Richards August 27, 2023 No Comments

Desperate politicians such as Labor’s Chris Bowen, who are looking at green tariffs and bans to slash emissions, are now turning to the humble ceiling with US President’s Joe Biden…

Shriro Awash With Cash Despite Revenues Down 20% & Profits 25%

David Richards August 27, 2023 No Comments

Sydney based distributor is awash with cash and no debt, despite revenues falling 20.5%, profit after tax fell 25.2% to $8M from $13.5M in 2022. In their latest ASIC filings…

Catch Group A Massive Problem For Wesfarmers, Latest Losses Top $163M

David Richards August 25, 2023 No Comments

Catch Group the business that Wesfarmers paid $230M for in 2019 has bled another $163M in losses and despite various management attempts to turn the Wesfarmers owned online operation around…

Bunnings Officeworks & Kmart Group Deliver Record Sales

David Richards August 25, 2023 No Comments

The owner of Bunnings, Officeworks, Target and Kmart have Wesfarmers posted an 18.2 per cent surge in full-year sales to $43.55 billion. Key was the performance of Bunnings and the…

Whirlpool Fined $18M After Cooktops Turned Themselves on

David Richards August 25, 2023 No Comments

Does your mother own a Whirlpool cooktop, if so, she may want to check whether it’s turning itself on. Whirlpool cooktops that are sold by Appliances Online and Harvey Norman…

Oppo To Go After Moto & Samsung With Triple Camera Flip Phone

David Richards August 25, 2023 No Comments

Chinese smartphone brand Oppo who are more into value phones today than premium, after Motorola snared their key floor space at JB Hi Fi, is tipped to have a crack…

Peloton Bikes Dodgy Seats Costs Result In 23% Share Slump

David Richards August 24, 2023 No Comments

Tech fitness brand Peloton Interactive has seen their shares tank 23% overnight due to bike gear recalls that exceeded their expectations and owners stopping subscription payments. The business that has…

Will Federal Government Protectionism Save The Nine TV Network After Profit Slump

David Richards August 24, 2023 No Comments

As Nine Entertainment’s full-year net profit slump 38% to $194m, the Labor Federal Government is being asked to prop up free to air TV stations, such as Nine, by forcing…