Telstra shares are in the dumps. What can save the company’s profits?

Telstra shares are in the dumps. What can save the company’s profits?

Updated May 17, 2018 12:03:58 Photo: Telstra’s chief executive Andy Penn is under pressure to stem falling profitability. (AAP: Dean Lewins) These are not good times to be a Telstra shareholder. Australia’s most widely held company, with a million shareholders, has seen its share price tank over the last few …

Telstra shares slump as telco warns of lower profits amid ‘challenging conditions’

Telstra shares slump as telco warns of lower profits amid ‘challenging conditions’

Updated May 14, 2018 10:52:11 Telstra has warned investors to brace for a profit at the lower end of its guidance range, but remains committed to a 22-cent total dividend payment. The announcement came as the telco reviewed its financial performance to the end of April, and ahead of a …

Super profits tax for miners and ‘Buffett rule’ on Greens’ tax agenda | Australia news

With the major parties set to use budget week as a staging post for a tax battle to play out between now and the next election, the Greens have entered the field, proposing a “Buffett rule” for high earners and a super profits tax for the mining industry. In a …

Wall Street slips on rising oil prices, McDonald’s surges 5.8pc over upbeat profits

Wall Street slips on rising oil prices, McDonald’s surges 5.8pc over upbeat profits

Posted May 01, 2018 07:44:33 Australian shares are headed for a weak start, after Wall Street fell over a spike in oil prices. Markets at 7:15am (AEST): ASX SPI 200 futures -0.3pc, ASX 200 (Monday close) +0.5pc to 5,983. AUD: 75.27 US cents, 54.65 British pence, 62.33 Euro cents, 82.26 …

iSelect share prices falling as online comparison site’s profits drop

iSelect share prices falling as online comparison site’s profits drop

Posted April 23, 2018 12:38:13 Investors are unselecting iSelect’s shares, walloping the share price after the firm slashed its earnings outlook and revealed its chief executive officer has quit. Full-year earnings guidance is now in the range of $8 million to $12 million, significantly lower than its previous $26 million …

Banking royal commission: bonuses and profits must be looked at, MPs say | Australia news

Key government agitators for the banking royal commission say they are concerned the inquiry has been given too little time to unearth wrongdoing – and that executive bonuses and profits need to be examined. The Nationals senator John Williams told Guardian Australia the inquiry needed to be conducted forensically, as …

Crown ‘trial’ to remove pokies betting options designed to maximise profits, whistleblower says

Crown ‘trial’ to remove pokies betting options designed to maximise profits, whistleblower says

Posted March 26, 2018 17:32:00 Photo: A whistleblower said claims of a trial were farcical. (ABC News: Jane Cowan) Related Story: Crown Casino ‘tampered with poker machines’, former staff allege Related Story: Crown facing disciplinary action for removing pokies buttons Crown Casino allegedly only stopped a “trial” of removing or …