Apple Shares Hit New Record After Buffett Grabs 75 Million
Apple shares – which had been languishing in recent months – hit an all-time record on Friday following the company’s latest quarterly... Read More
JB Hi-Fi Recovers On ASX
JB Hi Fi shares, which tumbled nine percent on Wednesday, reflecting problems with assimilation of the Good Guys home appliance chain, recovered... Read More
Xerox-Fujifilm Deal Blocked By Judge
The deal between Xerox and Fujifilm has been temporarily blocked by a New York judge who says the Xerox CEO was ‘trying... Read More
Sony’s PlayStation A Big Earner
Sony has reported that its PlayStation business was a big earner in the Japanese financial year ended March 31, with an operating... Read More
Steinhoff Ex-Chairman Sues For $6 Billion
Former Chairman of South-African furniture and homewares giant, Steinhoff, is suing the retail conglomerate US$4.8 billion (~A$6.35 billion), in a bid to... Read More
Sonos Eyes June IPO
Wireless speaker company Sonos is preparing for an IPO in either June or July according to those familiar with the matter confirming rumours circulating earlier... Read More
Apple’s New Strategy In Tax Case
Apple will start transferring billions of euros to Ireland within months where the cash will be held while the iPhone maker fights... Read More
Wall St Mauls FANGs Apple
The so-called FANG stocks – Facebook Amazon Netflix and Google (Alphabet) have felt a heap of pain from Wall St this week... Read More
iSelect Crashes, CEO Out, Shares Down 60%
Shares in comparison insurance website, iSelect, have today plummeted over 60%, following a ~69% earnings downgrade for fiscal year 2017, and the resignation... Read More
Qualcomm Slashes 1500 Jobs To Cut Costs
Chip maker Qualcomm is slashing 1,500 jobs at a number of its Californian premises with reports saying this is a move to... Read More