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
Boost Founder Slams TPG, Huawei Excuse An “Easy Out”
Boost Mobile Founder, Peter Adderton, claims TPG has used the local government’s ban on Huawei 5G equipment as an “easy out”, asserting... Read More
Kogan Shares Up 9% After Record Christmas
E-commerce giant, Kogan.com, has achieved its strongest Christmas yet, with record Black Friday and Boxing Day trading offsetting declining iPhone sales. Shares... Read More
Kmart Sends Wesfarmers Shares Down
UPDATE – Shares in Wesfarmers have dived 3% after market open to $30.99, after the conglomerate warned of lower-than-expected department store sales.... Read More
Myer Responds To ASX Sales Leak
Following numerous reports of dodgy sales practises, leaks of second-quarter sales, and halting trade, Myer has reposed to ASX’s questions just a... Read More
The Reject Shop Receives “Opportunistic” $78m Takeover Bid
Struggling discount retailer The Reject Shop has received a $78 million cash takeover offer, a potential lifeline which it is now advising... Read More
Wesfarmers Claim Bunnings UK Could Have Succeeded
Wesfarmers has defended its failed Bunnings UK foray, asserting the expansion could have succeeded with time. Disclosed at its AGM yesterday, management... Read More
Tech Stocks Hit Again On ASX
Many technology-based stocks suffered again on the ASX yesterday, with financial, material and energy stocks also helping wipe some $30.3 billion in... Read More
Reckon Launches Online Course
ASX-listed accounting software provider Reckon has joined forces with online course provider Career Academy to give thousands of academy students access to... Read More
Oz Tech Market Edgy After Second Round Of Mauling
Many eyes will be on the ASX when trading opens at 10am today, following another belting for many technology and telecommunications stock... Read More