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Investing in Consumer Monopolies

Investing in Consumer Monopolies

A monopoly exists when a company controls the entire market for a specified product or service and when there are significant barriers to entry in that market.  In the minds of investors, they make good money.  Buffett has always discussed the idea of moat in the company. A moat is a lasting advantage for a company or […]

Mastercard Expands into QR Payments

Mastercard Expands into QR Payments

Mastercard (NYSE:MA) today outlined plans for greater choice in retail payments through the planned expansion of its QR-based programs.choice in retail payments through the planned expansion of its QR-based programs.   “We look forward to the adoption of the EMVCo global QR standards. In the meantime, we’ll continue to work with our customers and partners to […]

Rupert Murdoch to buy Sky (UK) after 2018

Rupert Murdoch to buy Sky (UK) after 2018

Rupert Murdoch’s recurring dream of owning Britain’s biggest pay TV provider won’t become reality until at least 2018. A planned $15 billion takeover of Sky UK, by 21st Century Fox (FOX) faces many more months of scrutiny by U.K. officials after Murdoch declined to offer new concessions to protect Sky’s editorial independence, according to sources familiar with the […]

Great teachings from some of the greatest investors

Great teachings from some of the greatest investors

Investors don’t agree on much, but they do agree that making money in the market comes with a steadfast strategy that is built around a set of rules. Think for a moment about your early days as an investor. If you’re like many, you jumped in with very little knowledge of the markets. When you […]

Slater and Gordon yet another trading halt

Slater and Gordon yet another trading halt

Shares in Slater & Gordon have been placed in a trading halt ahead of an update on the troubled law firm’s class action and a restructure proposal.  The company’s aggrieved shareholders are chasing compensation for the almost wholesale evaporation of the law firm’s value following its ill-judged $1.3 billion acquisition of British professional services firm […]

Wall St rallies because of upward US economic momentum

Wall St rallies because of upward US economic momentum

US stocks rebounded from the biggest selloff since May, while Treasuries fell after unexpectedly strong hiring data bolstered confidence in the American economy, underscoring the Federal Reserve’s case for raising interest rates. Crude fell below $US45 a barrel. ASX futures closed up 10 points or 0.2 per cent at 5661. The Australian dollar was 0.3 per […]

Sirtex shares soar after it unveils $90m writedown

Sirtex shares soar after it unveils $90m writedown

Sirtex Medical has taken a $90 million hit on the value of its clinical and research and development assets and will cut its workforce by 15 per cent as the medical device developer moves to reset its core business for expansion. The company (SRX), whose core technology is a selective internal radiation therapy, also says […]

Will Apple buy Netflix

Will Apple buy Netflix

Even though Apple (AAPL) has shown no appetite for making large acquisitions, Wall Street analysts continue to speculate that the iPhone maker will use its massive cash stockpile to make a game-changing deal. Investment bank Citigroup is the latest to weigh in on what Apple might do with its war chest, which totaled $256.8 billion in cash and […]

Microsoft slash thousands of jobs amid transformation

Microsoft slash thousands of jobs amid transformation

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen/File Photo (Copyright Reuters 2016) U.S. tech giant Microsoft (MSFT) announced Thursday it will lay off thousands of workers amid a massive global reorganization of its workforce. “Microsoft is implementing changes to better serve our customers and partners. Today, we are taking […]

Second setback for Coca-Cola as Dominos choose Pepsi

Second setback for Coca-Cola as Dominos choose Pepsi

Coca-Cola Amatil has suffered another setback after losing a contract to major rival Pepsi/Schweppes to stock soft drinks and bottled water at hundreds of fast-food shops across the nation. The decision by pizza giant Domino’s to switch drinks suppliers is the second recent blow for Coca-Cola Amatil, after Woolworths refused to stock its latest product, Coca-Cola No […]