Roma Christian – Page 155

Ex Myer CEO Defends Former Profit Guidance

Roma Christian August 17, 2018 No Comments

Former Myer CEO, Bernie Brooks, has today informed the Federal Court, Board support was received prior to announcing 2015 profit outlook. According to The Australian, Brookes does not recall boardroom discussions, removing…

ALDI Unveils $469 iPhone 6s For Father’s Day

Roma Christian August 17, 2018 No Comments

German supermarket chain, ALDI, has unveiled a slew of consumer electronics for its ‘Father’s Day’ Special Buys sale on Wednesday August 22nd, including a refurbished iPhone 6s (64GB) for $469.…

Macquarie Downgrades Telstra Despite Share Surge

Roma Christian August 17, 2018 No Comments

Macquarie has downgraded Telstra from ‘neutral’ to ‘underperform’, despite full year earnings in line with analyst projections, and a three-month high share price. The news follows an 8.9% drop in Telstra…

Kogan Shares Wobble, Full Year Profit Up 277%

Roma Christian August 17, 2018 No Comments

Local e-commerce giant, Kogan.com, has continued its growth trajectory, posting full-year net profit [after tax] of $14.1 million, up from $3.7 million last year – a whopping 277.3% increase. Results…

Lenovo Posts $77M Profit, PC Sales Soar

Roma Christian August 17, 2018 No Comments

Chinese-based Lenovo has continued its financial rebound, posting better-than-expected Q1 net profit of US$77 million, despite a soft global PC market. For the quarter ending June 30th, revenue soared 19%…

Amazon Alexa & Microsoft Cortana Join Forces

Roma Christian August 16, 2018 No Comments

Microsoft and Amazon have joined forces in the competitive smart assistant market, announcing ‘Cortana’ and ‘Alexa’ integration in US devices starting this week. Demonstrated earlier this year, the development will…

NBN Co Full Year Revenue Soars 98%

Roma Christian August 16, 2018 No Comments

The NBN Co has post a whopping 98% jump in total full-year revenue to $1.98 billion, following a 65% increase in activations to 4 million – up from 2.4 million last…

Tencent Loses $207B Value, Profit Slumps

Roma Christian August 16, 2018 No Comments

Chinese tech giant, Tencent, has shed over $207 billion (US$150 billion) in market value since January, with a further $15 billion wiped on Tuesday, after Chinese regulators demanded it remove ‘Monster…

Amazon Misleading “One-Day Delivery” Ad Banned

Roma Christian August 16, 2018 No Comments

Amazon has been forced to amend its ‘One-Day Delivery’ advertisement in the UK, after regulators deemed the ad misleading, for not clarifying many Prime items did not support next day…

Telstra Shares Up 6% Despite Profit Slump

Roma Christian August 16, 2018 No Comments

UPDATE – Shares in Telstra have soared 6.4% to $3.08 after midday, following news the telco intends to revamp its broadband and entertainment packages, after posting a full-year profit slump.…