Will Myer Go The Same Way As Sears As They Teeter On The Brink?
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October 14, 2018
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Executives at struggling Australian department stores David Jones and Myer are watching with interest the plight of US retailer Sears who is... Read More
Harvey Norman $7.8M Bail Out Of Apple Reseller Raises Franchisee Question
When Harvey Norman Chairman Gerry Harvey was spruiking his big new Auburn store earlier this month there was issue that he did... Read More
Logitech On A Roll As PC Gaming Delivers Growth And Consumers Look To Upgrade Sound Gear
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Harvey Norman To Open 107 New Stores By 2020
Struggling to deliver growth in Australia Harvey Norman is turning to overseas and markets such as Malaysia where they plan to open... Read More
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PC giant Lenovo is set to implement a radical new subscription based direct sell structure in an effort to lift sales in... Read More
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TPG, Vodafone Merger No New Debt, Script Deal Tipped
One of the big talking points among phone brands at IFA 2018 in Berlin is the potential merger of TPG and Vodafone... Read More
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As TPG and Vodafone look to merge is what is set to be a $33 billion-dollar deal, Optus is believed to be... Read More
As Alienware Wobbles Dell Faces Enterprise Fight
Dell whose Alienware PC gaming business has come under pressure from a surging Acer, is now facing a tough battle as they... Read More
Huawei Comes Out Swinghing claiming 5G Ban Was ‘Politically Motivated”.
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In a blow to carriers, Samsung has moved quickly to take pre orders directly for their new $1,499 Note 9 and they... Read More
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Consumer tech is coming back with the Consumer Technology Association the group that runs CES, tipping that revenues will hit $377 billion... Read More
Apple Closing In On Trillion Dollar Value
After posting a growth in revenue for its third quarter, Apple is one step closer to hitting the trillion dollar mark. According... Read More
Expenive iPhones Boost Apple Revenues
Expensive iPhones have helped Apple deliver increased revenues as their share value jumps 3% on the news. Despite sales of iPhones being... Read More
Twitter Stock Plunges After Monthly User Drop
Twitter shares have taken a beating after the social media company announced its daily monthly users had dropped and will probably continue... Read More
Facebook Hit With Lawsuit After Historic Stock Plunge
Facebook and its CEO Mark Zuckerberg are facing a lawsuit over his company’s historic stock market plunge where it lost close to... Read More
Toys R Us Shutting Its Doors In August
Toys R Us will be shutting the last of its retail stores in early August following the company’s voluntary administration in May.... Read More
Facebook Shares Tumble 23% After Privacy Saga
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Shares in Microsoft jumped US$1.70 on the Nasdaq exchange yesterday, closing the official day’s trading at US$107.90 after touching $108.14. This gave... Read More
Microsoft Shares Jump 5% From Historic Revenue
Microsoft shares jumped 5 per cent after the news the company hit US$100bn in yearly revenue for the first time in the... Read More
Microsoft Hits US$100bn For The First Time From Cloud Customers
Microsoft’s has hit US$100bn in yearly revenue for the first time in the company’s history due to a surge in customers for... Read More
ZTE Shares Skyrocket After US Lifts Ban
ZTE shares have soared overnight by 17 per cent as the US lifted its trade ban on the smartphone company, however analysts... Read More
BOQ Partnering With Square Helping Small Businesses
Twitter co-founder Jack Dorsey’s payment start up Square is working with the Bank of Queensland (BOQ) providing its new small business customers... Read More
Amazon Prime Day Sale Backlash, Call For ACCC Investigation
Amazon is facing another backlash, with sales that lasted less than two minutes, server crashes and questionable sale marketing practises, with some... Read More
Amazon Prime Sale, You’ve Got To Be Kidding, Big Online Retailer Jacks Up Prices
Amazon’s big Prime Day sale seems to have hit a road bump with the big US retailer jacking up prices after initially... Read More
EXCLUSIVE: Serious Questions Raised As Catch Group Tries To Float
Serious questions have been raised about the pending IPO of Melbourne based Catch Group who recently appointed UBS and Canaccord to lead... Read More
EXCLUSIVE: Former Dick Smith Boss Now Running Kids Retail Group
Nick Aboud the former CEO of the failed Dick Smith retailer has gone from big boy’s toys to kids toys, taking on... Read More
Twitter CFO Says Removed Spam Accounts Won’t Impact User Metrics
Twitter CFO Ned Segal says the loss of 70 million users will have no impact on its user metrics. Tweeting from his... Read More
Gerry Harvey’s Brain Fart Leaves A Real Mess
After making an initial $34 million investment in a dud farm at Coomboona, farmer, Gerry Harvey has generally dismissed questions about it... Read More
Big Un Misses Half-Year Deadline, Court Case Looming
Big Un could be heading to court after failing to meet its deadline put in place by the Australian Securities and Exchange... Read More
Twitter Shares Plummet Over Fake Users
Twitter shares have dropped 9 per cent following the company’s announcement of removing 70 million fake accounts in May and June. This... Read More
BREAKING NEWS: Radio Rentals Tipped To Be Up For Sale, Months After Being Fined Millions
Radio Rentals the business owned by the Thorn Group is set to be put up for sale according to insiders, the latest... Read More
Samsung Financial Streak Tipped To End With Average Q2 Results
Samsung’s financial streak is nearing an end as its earnings guidance for Q2 shows a drop in sales from the previous year,... Read More
Harvey Norman Moves To Flog Assets
Harvey Norman has moved to offload a loss making dairy farm in Victoria, an acquisition that has angered investors in the consumer... Read More
Samsung’s Q2 Profit Flags On Lacklustre Galaxy Sales
Samsung Electronics is expected to post its smallest profit growth in more than a year for its second quarter, after experiencing lacklustre... Read More
Dell Going Public After Five Years As a Private Company
Computing giant Dell will soon be a publicly traded company again after five years off the stock market. The US company says... Read More
Bitcoin Bubble May Be About To Burst, Echoes Dotcom Crash
Is this the end of peak bitcoin? That’s what cryptocurrency analysts are asking after bitcoin’s value late last week slid to its... Read More
EXCLUSIVE: Court & Garnishee Orders How A Harvey Norman Franchissee Ducks Liability, Even The ANZ Get In On The Act
Consumers who walk into a retail store branded Harvey Norman, are taking a “great risk” claims one consumer, who ended up in... Read More
Intel Recovers After CEO Firing
Intel’s stock price dropped about two percent yesterday on news of CEO Brian Krzanich’s resignation. But Wall Street decided not to punish... Read More
Fujifilm Xerox Battle Takes New Twist
The battle between Xerox and Fujifilm Holdings has taken a new twist with Xerox now threatening the Japanese Company. After Fujifilm Holdings... Read More
Oz Printer Market Takes 8.8% Tumble After Fuji Xerox Scandal
Shipments of printers and copiers in Australia in the first quarter of 2018 were down 8.8% on the figures for the same... Read More
Suppliers Urged To Check Their Exposure To Harvey Norman Franchisees
Suppliers to Harvey Norman franchisees are being urged to check their trade indemnity risks or get a “cast iron” contract “in writing”... Read More
FujiFilm Sue Xerox Over Botch Merger
Fujifilm Holdings is suing Xerox Corp whose local subsidiary has been plagued by scandal for breach of contract, after a takeover deal... Read More
EXCLUSIVE “Horrendous” Harvey Norman Franchisee Contracts Revealed Following ASIC Investigation
New Harvey Norman retail supply contracts issued via a subsidiary, following last years, Australian Securities and Investment Commission investigation into the retailers... Read More
EXCLUSIVE: Myer & David Jones Placed On Credit Watch
One of the worlds’ leading trade indemnity groups has placed a credit watch on David Jones and Myer. In a recent report... Read More
Fintech Moneylender Delays Float As ASX Raises Concerns
Fintech lending outfit Prospa – which had launched a $146 million stockmarket float plan – yesterday missed its date with destiny on... Read More
