Kogan Leads Way Down As Aussie Tech Stocks Pounded
Opening as usual only a few hours after US stockmarkets closed, the ASX saw Australian stocks take their biggest hit in eight... Read More
US Outfit KKR Bids $2.6 Billion For ASX-Based MYOB
US-based investment house KKR has made a $2.6 million cash bid for Sydney-based and ASX-listed accounting software company MYOB (which stands for... Read More
Gerry Harvey Puts His Money Where His Mouth Is
Billionaire Gerry Harvey is exhorting investors to invest in his company and is leading by example, selling part of his large investment... Read More
Vamos To Exit Telstra Board
Peripatetic technology company executive and more recent multiple board member Steve Vamos has revealed plans to exit the Telstra board at the... Read More
Martin Nicholas Rises to Breville CFO
Breville Group has appointed Martin Nicholas as its new Group Chief Financial Officer, effective 10 September, 2018. The premium kitchen appliance company... Read More
Amazon Forecast To Hit Wesfarmers Profit
Morgan Stanley analysts have warned retailers the impact of e-commerce giant, Amazon, on Wesfarmers’ portfolio has been notably “underappreciated”, with Kmart, Target... Read More
Big Un Misses Half-Year Deadline, Court Case Looming
Big Un could be heading to court after failing to meet its deadline put in place by the Australian Securities and Exchange... Read More
Woolworths Pursues Servo IPO After New Caltex Deal
Woolworths has today signed a 15-year wholesale fuel supply deal and ‘strategic alliance’ with Caltex, as the retail conglomerate looks to either... Read More
Godfreys Co-Founder Snares Majority Stake, De-Listing Likely
Godfreys Co-Founder, John Johnston (99), has today achieved a 91% stake in the vacuum cleaner retailer, allowing him to compulsorily acquire remaining... Read More
Godfreys Warns Cash Flow Problems Amid Review
Struggling vacuum cleaner retailer, Godfreys, has warned “cash flow challenges” are likely, following a preliminary financial review by new management. New Chief... Read More