As a flagship business within what has become one of the 21st century’s most competitive markets, Foxtel’s fight for survival may be nearing the end after owners News Corp (ASX: NWS) and Telstra (ASX:TLS) announced 40% write-offs in the value of the video subscription business. 65% owned by News Corp and 35% by Telstra, Foxtel
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Popular fashion labels Noni B, Katies, Rockmans and Rivers will soon be re-opening their retail stores with parent company Mosaic Brands (ASX: MOZ) confirming they will undergo a progressive restart after closing their 1,400 stores in March due to coronavirus biosecurity. Despite its store network’s closure over the past six weeks, Mosaic’s focus towards online
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Ever since oil plunged into negative territory, every man and his dog became interested in oil investments. Negative oil future contracts created a frenzy of buyers around ASX ETF OOO. Article outline 1. Do OOO holders understand the ETF? 2. The alarming risks associated with OOO. 3. Is OOO even worth considering? Why the hype around OOO,
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Every investor must understand bulls and bears make money, but pigs get slaughtered. In other words, you can profit when the market goes up or down, but if you are too greedy, you will get burned. We are in a down market. Yes, there are bullish recoveries. However, these are known as false reversals. To
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Major central banks around the world have thrown the kitchen sink at markets during coronavirus related selling. Never before have we seen such extraordinary measures, with policy makers signalling that they will do what ever it takes to stop bond and equity prices from selling down. Seemingly the most important of monetary policy tools at
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The miners have been robust throughout the crisis and the ‘handmaidens’ to the sector should be as well – in theory at least So far at least, the leading resources stocks have been a shining headlamp of hope down the dark and deep pit of the COVID-19 crisis. The crucial iron ore sector has barely
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