AMD Sales Up 40%, Outlook Hits Shares
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April 29, 2020
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Component manufacturer, AMD, has reported a 40% YoY increase in sales for the March quarter, with a weaker outlook sending shares down... Read More
Kogan Post Strong Trading Update For Q1FY20
Kogan has today announced its gross sales for the first quarter of the new financial year, following the launch four new vertical... Read More
Huawei Shows “Continued Growth” Despite US Ban
Huawei’s Q3 earnings report has been released and shows continued growth in terms of sales despite ongoing trade tensions with the US... Read More
Carrier Forced Into Massive Air Conditioning Recall As They Negotiate With Bunnings
Carrier Corporation, who are in the throes of cutting a major air conditioning deal with Bunnings, has been forced into an expensive... Read More
JB Hi-Fi Credit Tax Cuts For Sales Boost
JB Hi-Fi Chief Executive, Richard Murray, has attributed recent government tax cuts for further boosting electronics sales – benefiting consumer confidence. Speaking... Read More
Samsung Q2 Profit Tumbles 56% YoY
Samsung Electronics has fared a significant a 55.6% year-on-year drop in Q2 operating profit, citing falling memory chip prices. It’s the second... Read More
Afterpay Rival ‘Splitit’ Signs On Kogan
Buy-now-pay-later platform and Afterpay rival, Splitit, has signed Kogan.com as its first major Australian retailer, rolling out to customers this week. The... Read More
JB Hi-Fi Post Record Half-Year Sales, Profit Up 5.5%
Despite a slump in Australian retail turnover, JB Hi-Fi Limited has post a 5.5% lift in half-year net profit after tax to... Read More
Myer Posts “Disappointing” $486 Million Full Year Loss
UPDATE– Shares in Myer have dived nearly 10% in morning trade to a two-month low of 39 cents, following its worst earnings... Read More
Citi Oz Plans All-Digital Banks
International financial services giant Citibank is reportedly planning to turn its branches into “advisory centres” for high-net-worth customers, rather than providing a... Read More