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Intel Recovers After CEO Firing

Computer Daily News June 26, 2018 No Comments

Intel’s stock price dropped about two percent yesterday on news of CEO Brian Krzanich’s resignation. But Wall Street decided not to punish the stock too much as investors turned to…

Fujifilm Xerox Battle Takes New Twist

David Richards June 26, 2018 No Comments

The battle between Xerox and Fujifilm Holdings has taken a new twist with Xerox now threatening the Japanese Company. After Fujifilm Holdings moved last week to sue Xerox for more…

Oz Printer Market Takes 8.8% Tumble After Fuji Xerox Scandal

Computer Daily News June 20, 2018 No Comments

Shipments of printers and copiers in Australia in the first quarter of 2018 were down 8.8% on the figures for the same quarter in 2017, market researcher IDC has reported.…

Suppliers Urged To Check Their Exposure To Harvey Norman Franchisees

David Richards June 20, 2018 No Comments

Suppliers to Harvey Norman franchisees are being urged to check their trade indemnity risks or get a “cast iron” contract “in writing” that Harvey Norman will pick up the losses…

FujiFilm Sue Xerox Over Botch Merger

David Richards June 19, 2018 No Comments

Fujifilm Holdings is suing Xerox Corp whose local subsidiary has been plagued by scandal for breach of contract, after a takeover deal went pear shaped. FujiFilm is seeking estimated damages…

EXCLUSIVE “Horrendous” Harvey Norman Franchisee Contracts Revealed Following ASIC Investigation

David Richards June 17, 2018 No Comments

New Harvey Norman retail supply contracts issued via a subsidiary, following last years, Australian Securities and Investment Commission investigation into the retailers franchisee operations, have been described as “horrendous” and…

EXCLUSIVE: Myer & David Jones Placed On Credit Watch

David Richards June 13, 2018 No Comments

One of the worlds’ leading trade indemnity groups has placed a credit watch on David Jones and Myer. In a recent report the group who underwrite the risk on stock…

Fintech Moneylender Delays Float As ASX Raises Concerns

Computer Daily News June 7, 2018 No Comments

Fintech lending outfit Prospa – which had launched a $146 million stockmarket float plan – yesterday missed its date with destiny on the ASX, when the stock exchange persuaded it…

Apple Pay Challenge: Big Three Banks Go Own Way

Computer Daily News June 6, 2018 No Comments

Three of Australia’s top four banks have launched a Beem It app for Android and Apple iOS smartphones as they seek to facilitate peer-to-peer payments. The banks involved are the…

Harvey Norman Ireland A “Mess” Losses Mount

David Richards June 3, 2018 No Comments

Irish media along with key analysts, have panned Harvey Normans latest results in Ireland after the Australian retailer reported an $11.6M loss. Most concluded that Harvey Norman was struggling and…