Nathan Jolly – Page 70

Twitter Fires Further 10% Of Workforce

Nathan Jolly February 28, 2023 No Comments

Twitter has launched another round of firings, culling its numbers by another 10 per cent, with less than 2,000 employees remaining at the beleaguered social media platform. The company laid…

Consumer Confidence Back Down To COVID Levels

Nathan Jolly February 28, 2023 No Comments

Consumer confidence is back among the lowest levels seen since the start of the pandemic. The ANZ-Roy Morgan Consumer Confidence level dropped by 0.4 per cent to hit 80.0. Confidence…

Harvey Norman Profits Dip 15%, Jan Sales Down 10%

Nathan Jolly February 28, 2023 No Comments

Harvey Norman saw a first-half dip in profits, and despite assuring investors of normalised trading conditions, the retailer has suffered through a 10.4 per cent downturn in January trading. Net…

OZ Telco Swoop Triples User Base, Boosts Revenue 55%

Nathan Jolly February 28, 2023 No Comments

Young Australian telco Swoop has delivered 55 per cent revenue growth and pushed its gross margin up 15 per cent as it battles to make a mark in the sector.…

Apple Planning iPhone SE 4

Nathan Jolly February 28, 2023 No Comments

Despite focusing its attention on the more expensive iPhones in recent years, Apple apparently isn’t ignoring the low-end smartphone market, with plans to launch a new generation of the SE.…

Booktopia Posts $3.9M Loss

Nathan Jolly February 28, 2023 No Comments

Online retailer Booktopia has posted a $3.9 million loss for the first half of FY23, as revenue drops 15.3 per cent. First-half revenue was down 15.3 per cent to $110…

Tyro Profitable For First Time Since 2015

Nathan Jolly February 28, 2023 No Comments

Payments company Tyro has reported a statutory profit for the first time in seven years, with a massive 106 per cent leap seeing the company deliver a profit of $1.1…

Bunnings Chasing $10B Pet Market With Huge Refresh

Nathan Jolly February 28, 2023 No Comments

Hardware giant Bunnings is hoping to dominate the fast-growing $10 billion specialty pet sector with an expanded range of close to 1,000 products. Bunnings boss Michael Schneider said the expanded…

Solomon Lew Pays Double For Another 3% Stake In Myer

Nathan Jolly February 27, 2023 No Comments

Solomon Lew’s Premier Investments has taken a further 3 per cent stake in Myer, bringing the group’s holdings to 26 per cent. Stockbroker Shaw and Partners secured 17.5 million shares…

Carriers Say NBN’s Pricing Strategy Will Backfire

Nathan Jolly February 27, 2023 No Comments

Australian telcos have slammed NBN Co’s strategy to push customers to the 100Mbps service by increasing the price of 50Mbps. In a submission to the ACCC, Optus claims this move…