New Fairfax Media Ltd chief executive Greg Hywood says tablet readers such as the Apple iPad are a growing part of the media scene and allow readers new ways to engage with the company’s journalism.Mr …
February 7, 2011
JB Hi-Fi expects ‘reasonable’ H2
JB Hi-Fi Ltd expects a “reasonable” second half of the year, despite weaker than anticipated earnings growth in a “competitive” and “volatile” retail environment.The electronic …
Sydney, Melbourne airports monopoly: ACCC
Airlines are unhappy with services at Sydney Airport, while there are concerns about car parking at Melbourne Airport, the corporate watchdog says.The Australian Competition and Consumer Commission has …
Retailers, miners weigh on market
Major retailers were some of the most heavily sold down stocks on the local market today after weaker than expected retail sales figures were released.Department store Myer was one of the biggest casualties …
JB Hi-Fi profits up despite competition
Electronics retailer JB Hi-Fi is predicting a competitive and volatile market place in the coming months, after posting a jump in its first-half profit.JB Hi-Fi made $87.9 million in the six months ending …
Dollar stays lower after US jobs data
THE dollar was lower today, failing to gain ground after positive US jobs data over the weekend sparked a sell-off in the currency.
Retailers drag shares to flat close
THE share market closed flat after retail stocks weighed on the market, particularly department store chain Myer Holdings after a profit downgrade.
Fairfax gives Greg Hywood CEO job
DIRECTORS of Fairfax Media have appointed Greg Hywood as the company’s chief executive and managing director.
February 5, 2011
Parts of Townsville still without water after cyclone
Authorities say they are doing everything they can to restore water services in Townsville, in the wake of Cyclone Yasi. Some parts of the city are still without water because some reservoirs and pump …
Barclays chief to get $14m bonus: report
The head of Barclays bank, Bob Diamond, is set to receive a bonus of more than STG9 million ($A14.3 million) this year, it was reported on Friday.Sky News said members of the British bank’s remuneration …