David Richards – Page 330

CE Retailers Stocks Hit, Dollar Falls More Pain Tipped

David Richards June 15, 2022 No Comments

JB Hi Fi, Harvey Norman, and Wesfarmers the owner of Bunnings and Officeworks all fell yesterday as billions was wiped off the value of Australian shares, the dollar is trading…

Struggling Netgear Tries To Sting Consumers $2,799 For W6 Router

David Richards June 14, 2022 No Comments

Struggling networking Company Netgear whose sales are down over 33% in the last quarter has launched an expensive new Orbi Quad Band Mesh Wi-Fi System (RBKE960 Series) router which, with…

Sonos Screws Up Again, Customers Charged For Speakers They Never Ordered

David Richards June 14, 2022 No Comments

After trying to nobble customers speakers via a software update, in an effort to drive a new speaker sale prior to COVID, Sonos has again been caught out, with customers…

Network Ten Owner Pays Billions For Cricket Rights As They Go After AFL

David Richards June 14, 2022 No Comments

US Company Paramount Global the owner of Network Ten and Paramount + in Australia who is currently in the bidding ring for the rights to AFL football, has just stumped…

Cellnet Expands With New Company Owned Distribtion Centre

David Richards June 10, 2022 No Comments

The Cellnet Group is expanding in Australia with a decision to invest in their own dedicated distribution centre in Melbourne a decision that allows Cellnet, to offer their own EPL…

EXCLUSIVE: LG To Launch New WebOS 2 With Gaming Control Dashboard

David Richards June 9, 2022 No Comments

LG Electronics is set to launch a new Wee Web OS 2 according to documents leaked by LG insiders, it comes with a new gaming control dashboard that allows users…

TV Scandal, Samsung Accused Of Cheating

David Richards June 9, 2022 No Comments

A major row is brewing this morning over claims that Samsung has been cheating when it comes to reviews of their TV’s. Leading TV publication FlatpanelsHD claim that they have…

Another Investor Walks Away From Buying David Jones After Due Dilligence

David Richards June 8, 2022 No Comments

Allegro Funds Management, a Company that specialises in retail store turn arounds has walked away from buying struggling retailer David Jones with questions now being asked as to whether the…

Retailers Look To Cancel Supplier Orders As Market Changes

David Richards June 8, 2022 No Comments

Suppliers are facing a new problem, retailers who want to cancel orders. As the Reserve Bank lifts interest rates and consumer confidence in Australia slips 4.1% last month retailers who…

Gerry Harvey Goes On A Share Buying Spree

David Richards June 7, 2022 No Comments

During the past year Harvey Norman shares have fallen close to 20% but this has not stopped Chairman Gerry Harvey and CEO Katie Page buying up shares in the mass…