LG Looking Good
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April 9, 2018
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South Korea’s LG Electronics expects Q1 operating profit to rise 20 percent from a year ago to its highest in nine years,... Read More
Sony Gaining US$1bn From Spotify Stake
Sony will be receiving up to US$1bn from its stake in Spotify, the owner of the European streaming service. On Wednesday, Sony... Read More
MYOB Bid For Reckon Doomed?
Accounting software house MYOB’s proposal to acquire rival Reckon for $180 million appears likely to fail, according to Australian analysts at investment... Read More
Trump Set To Go After Amazon, Supplier Margins Also Under Threat
Australian retailers battling Amazon, are this morning trying to work what will be the impact of claims that US President Donald Trump... Read More
Consumers Warned Off From Taking Advice From Gerry Harvey
Has Gerry Harvey lost his business nouse, you would think so if you read the Financial Rewview who have warned readers about... Read More
Dropbox Shares Skyrocket
Dropbox shares closed at US$28.42, up more than 35 percent, in their first day of trading last week, as investors rushed to... Read More
Facebook Plummets US$30bn After Data Scandal
Facebook shares took a hit overnight plummeting to US$30bn after news broke that controversial political research company Cambridge Analytica retained information of... Read More
Retailers Set To Benefit From Collapse Of Toys R Us, Suppliers Desperate
Australian retailers Big W, Kmart and Target, who have recently moved to expand their range of consumer goods and electronic toys, are... Read More
Wesfarmers To Demerge Coles
Retail conglomerate Wesfarmers will demerge Coles in a plan to create a new top 30 company on the ASX which will have... Read More
Finance Check Company For Appliance & CE Retailers Accused Of Dodgy Practises
A major credit rating agency used by retailers selling appliances and consumer electronics goods is facing legal action after the Australian Competitiotion... Read More
Spotify Will Go Public On April 3
Music streaming giant Spotify will begin to trade on the New York Stock Exchange on April 3 and will trade under the... Read More
Broadcom To Scrap Qualcomm Bid After Trump Block
Broadcom will withdraw its Qualcomm bid after US President Donald Trump blocked the transaction via executive order earlier this week. The Wall Street Journal... Read More
Myer Facing Uncertain Future, Multi Million Dollar Court Case Looms
Myer is facing an uncertain future as they face having to make a decision in a multimillion dollar class action, at the... Read More
Gibson Brands Start Laying Off Staff, Philips Audio Business Threatened
Gibson Brands the Company behind Philips audio products and is the biggest shareholder in Onkyo has moved to lay off staff as... Read More
Serious Questions Asked About Harvey Norman Loan Business
Serious questions are being asked about the risk Harvey Norman poses to Latitude Financial an organisation who is currently considering a $5... Read More
Square Peg In $200m Round Hole
Paul Bassat’s venture capital outfit Square Peg Capital is said to be looking to raise more than $200 million as it seeks... Read More
Sony Throws Hat In Ring For EMI
Sony has held preliminary talks about acquiring a majority stake in EMI Music Publishing, as it seeks to cash in on the... Read More
Intel To Weigh In Broadcom Bid
Intel is considering a range of acquisition alternatives in reaction to Broadcom’s hostile pursuit for Qualcomm. That could include a bid for... Read More
No One Interested In Go Pro Anymore
After months trying to flog the Company GoPro is no closer to finding a buyer due in part to the market for... Read More
Big Un Chairman Hugh Massie Resigns
Big Un Chairman, Hugh Massie, has announced his resignation from the company’s board, following a slew of recent media attention over its use of databases... Read More
Amazon Could Hit The Trillion Dollar Mark Before Apple
Online behemoth Amazon could reach the one trillion dollar mark before Apple, according to Reuters. Apple is described as the as world’s most valuable public... Read More
Steinhoff International Slowly Going Broke As Gerry Harvey Circles Local Assets
As Gerry Harvey looks at the value of buying the Steinhoff Asia Pacific operations which include some of Australia’s biggest budget furniture... Read More
Digital Camera Sales Grow For The First Time Since 2011
Digital camera sales have grown for the first time nearly in seven years, after being on the decline since 2011. In 2016,... Read More
OZ CE & Appliance Retailers Can Take Heart From Latest Best Buy Results
Australian consumer electronics and appliance retailers looking for light at the end of the tunnel after the arrival of Amazon have to... Read More
CBA: Oz Retail Industry Innovation Falls Behind
New research by the Commonwealth Bank shows the Australian retail sector has fallen behind the average business when it comes to innovation... Read More
Spotify Filing For Direct IPO On NYSE
Spotify is filing for a direct listing of shares on the NYSE, with reports saying is an odd way for a large... Read More
MacTel Up, Expansion Beckons
ASX-listed Macquarie Telecom has recorded a strong first half for its 2018 financial year, with revenue up 8pc to $114.9 million, and... Read More
Dropbox To Float After What Seems A Lifetime
They have been around for what appears like years, finally Dropbox is set to float. The cloud based storage Company that is... Read More
Dyson Facing Setback To EU Court Case
Dyson who is in several legal battles with its competitors on who has the best sucking power has lost another legal fight... Read More
PC Sales Strengthen HP Q1 Results
The growth of PC sales in Q1 has helped HP gain 14 per cent in revenue to US$14.5bn from US$13.9bn. Its personal... Read More
Reality Star Tweet Causes Snapchat Shares To Lose $1.3bn
Kylie Jenner, reality star and makeup mogul sent out a single tweet criticising the new Snapchat update causing the social media giant... Read More
COMMENT: Kogan Is On A Roll, So What’s Next?
Kogan is proving to be one of Australia’s real online success stories despite my dire predictions 18 months ago. Kogan.com’s underlying net... Read More
Jamie Oliver Brand In Trouble
Jamie Oliver who has stamped his name on several appliance brands in Australia, and who spearheaded a Woolworths brand campaign last year... Read More
Philips Sound Distributor Facing Bankruptcy
Gibson Brands the Company that distributes Philips sound products worldwide is facing bankruptcy a move that could hurt Powermove the local distributor... Read More
Xerox Facing Lawsuit From Shareholder To Block Fujifilm Merger
Xerox shareholder Darwin Deason is suing the company asking the courts to block the upcoming merger between Xerox and Fujifilm saying the... Read More
Qualcomm, Broadcom To Meet
Qualcomm and Broadcom plan to meet today to talk about the latter’s $121 billion (A$153 billion) acquisition offer, the first time the... Read More
Revenue, Profit Down At Reckon, But Cloud Business Taking Off
ASX-listed accounting software house Reckon has reported revenue of $48.9 million for the year ended December 31, down slightly on the $49.68... Read More
Sorry, Macquarie – Feds’ Takeover Panel Backs Bulletproof
Macquarie Telecom has had a major setback in its bid to force the Bulletproof board to change its response to MacTel’s acquisition... Read More
Myer Stocks Crash After Poor Stocktake Sale Results
Myer stocks have hit an all time low at 58 cents this morning after it released its first half results announcing poor... Read More
Google Hit With Class Action Lawsuit Over Defective Pixel Microphone
Google has found itself if in a class action lawsuit with two separate plaintiffs suing the search engine giant claiming they knew... Read More
Graphic Chip Demand Grows Nvidia Sales By 34%
The demand of graphic chips in various industries such as gaming, data centres and cryptocurrency has bolstered Nvidia’s Q4 results pushing its... Read More
Optus Handset Sales Grow Its Q3 Operating Revenue
Optus’ postpaid handset customer growth has had positive affects on its Q3 operating revenue which has risen 5 per cent to $2.3bn... Read More
Amazon Market Value Close To Overtaking Microsoft
Amazon’s market share is about to be worth more than Microsoft’s due the online behemoth’s positive quarterly results and coming out relatively... Read More
Tech Giants Hit By Wall Street Flash Crash
Companies such at Microsoft, Apple, Alphabet, Netflix and Amazon were all hurt by the flash crash that happened yesterday on Wall Street... Read More
Skyworks’ Revenue Jumps A 15pc
Apple supplier Skyworks Solutions who also make the Toshiba TV’s sold at Harvey Norman, has posted a 15 percent rise in quarterly... Read More
Broadcom Boosts Qualcomm Bid
Broadcom has sweetened its offer for Qualcomm to US$121 billion – its “best and final offer” – to buy the US semiconductor... Read More
Aussie Smartphone Usage Ahead Of The World
If you think you’re addicted to your smartphone, you might be onto something with a new predictions report showing Australia is ahead... Read More
2017 Smartphone Sales Dip
A chart released by Statista shows the global unit shipments for smartphones dipped for 2017 by 0.1 per cent, a trend that has... Read More
Apple iPhone Sales Down, Reports Record Quarter
Apple’s iPhone sales dropped from the previous quarter but made up for it in sales after bumping up the price of its... Read More
Lenovo Makes A Loss After US$400m Tax Hit
For its Q3 financial results, Lenovo had mostly disappointing results as the personal computer company was hit with a US$400m tax bill... Read More