Finance – Page 46 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

Gerry Harvey’s Brain Fart Leaves A Real Mess

David Richards July 11, 2018 No Comments

After making an initial $34 million investment in a dud farm at Coomboona, farmer, Gerry Harvey has generally dismissed questions about it by arguing the whole thing was immaterial to…

Big Un Misses Half-Year Deadline, Court Case Looming

Athina Mallis July 10, 2018 No Comments

Big Un could be heading to court after failing to meet its deadline put in place by the Australian Securities and Exchange Commission where the media company was required to…

Twitter Shares Plummet Over Fake Users

Athina Mallis July 10, 2018 No Comments

Twitter shares have dropped 9 per cent following the company’s announcement of removing 70 million fake accounts in May and June. This spam tirade could impact the company’s overall monthly…

BREAKING NEWS: Radio Rentals Tipped To Be Up For Sale, Months After Being Fined Millions

David Richards July 9, 2018 No Comments

Radio Rentals the business owned by the Thorn Group is set to be put up for sale according to insiders, the latest development comes months after the Company was fined…

Samsung Financial Streak Tipped To End With Average Q2 Results

Athina Mallis July 9, 2018 No Comments

Samsung’s financial streak is nearing an end as its earnings guidance for Q2 shows a drop in sales from the previous year, breaking its seven quarter stretch of record operating…

Harvey Norman Moves To Flog Assets

David Richards July 9, 2018 No Comments

Harvey Norman has moved to offload a loss making dairy farm in Victoria, an acquisition that has angered investors in the consumer electronics, appliances and home furniture market retailer. Driven…

Samsung’s Q2 Profit Flags On Lacklustre Galaxy Sales

Computer Daily News July 5, 2018 No Comments

Samsung Electronics is expected to post its smallest profit growth in more than a year for its second quarter, after experiencing lacklustre sales of its premium Galaxy smartphones. Analysts expect…

Dell Going Public After Five Years As a Private Company

Athina Mallis July 3, 2018 No Comments

Computing giant Dell will soon be a publicly traded company again after five years off the stock market. The US company says it will return to the public markets through…

Bitcoin Bubble May Be About To Burst, Echoes Dotcom Crash

Computer Daily News July 2, 2018 No Comments

Is this the end of peak bitcoin? That’s what cryptocurrency analysts are asking after bitcoin’s value late last week slid to its lowest level since November. Bitcoin fell to as…

EXCLUSIVE: Court & Garnishee Orders How A Harvey Norman Franchissee Ducks Liability, Even The ANZ Get In On The Act

David Richards July 1, 2018 No Comments

Consumers who walk into a retail store branded Harvey Norman, are taking a “great risk” claims one consumer, who ended up in an NSW Court this week suing a Harvey…