Nintendo Shares Plummet, No Date For New Switch
Following the release of disappointing forecast numbers and the announcement that the new Switch console will not be showcased at this year’s... 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
JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst
Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike... Read More
Myer Shares Spike 8% After Takeover Rumours
Shares in Myer jumped 8.8% to 55.5 cents earlier today, following takeover rumours involving major shareholder Solomon Lew – just a few... Read More
Telstra Cops A Downgrade
The Macquarie group has downgraded Telstra from “neutral” to “underperform”, despite the telco reporting full-year earnings in line with analyst projections, and... Read More
EA’s Slow Growth Hurts Share Price
Electronic Arts Inc shares droped 7 per cent after weak revenue growth estimates for the coming quarter were announced. The company pinned... Read More
Facebook Shares Tumble 23% After Privacy Saga
UPDATE Facebook shares have plummeted a further 23 per cent after close from the company admitting to its growth slowing down. This... Read More
Microsoft Shares Jump Again – But Apple Remains Top Dog
Shares in Microsoft jumped US$1.70 on the Nasdaq exchange yesterday, closing the official day’s trading at US$107.90 after touching $108.14. This gave... Read More
ZTE Shares Skyrocket After US Lifts Ban
ZTE shares have soared overnight by 17 per cent as the US lifted its trade ban on the smartphone company, however analysts... Read More