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Best Buy's online sales soar despite competitors - CNET

Best Buy's second quarter financial results reveal impressive online sales.

What Businesses Can Learn From Qantas' Spectacular Turnaround

Australian airline Qantas has just released its results for the last financial year. Its profits hit $1.53 billion, up 57 per cent. That’s the best result the company has had in nearly a century. (Yes, Qantas is that old.) It’s a monumental turnaround for an airline that was in dire straits just two years ago. Show More Summary

Rent.com.au reports 118 percent revenue bump and a new CEO

Greg Bader has been appointed as the new CEO of Australian rental property website rent.com.au as the company posted its year-end financial results.

Last Week's 10 Biggest Posts

You wanted NBN financial results, No Man’s Sky troubleshooting advice and a Double Cheeseburger Pie taste test. Kick off your Monday by checking out the ten most popular posts from Lifehacker Australia last week. More »      

Key Takeaways From China Unicom’s First Half 2016 Results

China Unicom, the second largest Chinese wireless carrier, published its first half 2016 interim financial results on Wednesday, reporting a year-over-year decline in revenues and profitability, amid lower product sales, wireless subscriber losses and pricing pressure for high-speed services. Show More Summary

More Crony Capitalism: Aetna Gives An Ultimatum To The DOJ - "If Humana Deal Is Blocked, We Exit Obamacare"

US health insurer Aetna already made waves earlier this week when it announced on Monday that it would exit 11 of 15 state exchanges in which it offers Obamacare plans as a result of mushrooming financial losses. While that move wasShow More Summary

SolarWorld Confirms Lackluster Growth

German solar PV manufacturer SolarWorld confirmed its original lackluster preliminary financial results this week, with marginal growth against a backdrop of a lingering legal dispute with US polysilicon supplier Hemlock. Earlier this...Show More Summary

Sunrun Stock Skyrockets After Surprise Guidance-Beating Quarter

The United States’ leading dedicated residential solar company announced surprising financial results for the second quarter, sending the company’s stocks soaring on the back of the news. Published last week, Sunrun’s current claim to...Show More Summary

NBN Says Its Rollout Is 'On Track'

The National Broadband Network released its 2016 yearly results today, showing the rollout “continues to exceed its connection and financial targets”. A spokesperson for Senator Mitch Fifield, Minister for Communications says this is “the latest evidence of the benefits of the Coalition’s faster, more affordable NBN rollout”. More »      

BHP Billiton Poised To Post Its Worst-Ever Financial Result

All eyes in the commodities world will be on BHP Billiton tomorrow, not because it's the world's biggest mining company, more because it is expected to post its biggest-ever loss. Forecasts differ but there is near consensus among leading investment banks that the reported loss, after asset-value write-downs and costs associated [...]

The Coming Global Silver Production Collapse & Skyrocketing Price

By the SRSrocco Report, The global economic and financial system is in much worse shape than I originally thought. New data and information suggest that the collapse will occur much quicker and with more dire results. This will cause...Show More Summary

Alibaba revenue surges 59%, stock jumps

2 weeks agoTechnology : Yahoo: Tech

China’s Alibaba announced Q2 financial results that were stronger than expected. “Our results show the scale and leverage of our ecosystem, as we strengthen our competitive positions in core commerce, cloud computing and digital media and entertainment,” CEO Daniel Zhang said. Alibaba is a behemoth in online and mobile commerce.

Vivint Solar Reports Better Than Expected Second Quarter Results

Struggling US solar company Vivint Solar has reported better than expected financial results for the second quarter, resulting in renewed investor confidence. Vivint Solar published its second quarter 2016 financial results this week,...Show More Summary

Yingli Green Predicts Continued “Positive Momentum” For Q2’16

Following its first profitable quarter in nearly 5 years, Yingli Green Energy is predicting it will “maintain a positive momentum” with its 2nd quarter earnings, according to new preliminary financial results. Yingli Green Energy, also...Show More Summary

Telstra Is Spending $3 Billion More On Building Its 4G And 5G Networks

As part of “a strategic commitment to ensure continued technological leadership” announced in its annual financial results today, Telstra is devoting the most money since it built its NextG 3G network in 2008 to further develop 4G and ready itself for 5G. Show More Summary

Britain Must Remain in the Single Market or Risk Financial Destitution - IFS

New research by the Institute for Fiscal Studies (IFS) has uncovered that leaving the EU Single Market will cost the government an additional US$10 billion in lost tax receipts and will ultimately result in financial service firms leaving London.

The CFA Level 3 results are in

In June, some 170,000 aspiring finance buffs took the notoriously tough Chartered Financial Analyst exam. The results are now in for the third and final level of the exam:  54% of test-takers passed. The Level III candidates received...Show More Summary

News Corp. reports $2.2B in revenue, 21% increase in digital real estate

News Corp., the global company that owns realtor.com operator Move, Inc., reported its financial results for fiscal year 2016 -- which ended in June -- and it's no surprise that the company's recap is praising its digital real estate properties for their contributions to its bottom line...

Central Bank Rigging and NIRP Drive US Financial Asset Price Inflation

Negative interest rate policy (NIRP) elsewhere in the world continues to drive liquidity growth and asset price inflation in US. We saw this trend coming when NIRP was first introduced. Now the question is whether the resulting US asset price inflation was an intended or unintended consequence of foreign central bank policy. Show More Summary

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