It shouldn’t have taken yesterday’s profit warning from Billabong to alert the market that the retail sector is in trouble.
Billabong
Shareholders take a swing at Transurban, Billabong
Under-performing CEOs can be safe in the knowledge, it seems, that shareholder returns will remain very much a secondary consideration when it comes to executive pay.
How Matthew Perrin wiped out in China
The former head of surf brand Billabong, Matthew Perrin, had grand dreams of expanding his wealth and business interests in China, but found himself up the… creek, without a paddle.
Morning Market Report: Consumer sentiment falls 4.3%
Retailers down after consumer sentiment fell 4.3% — the biggest fall since May 1996 (down 6.4%).
Morning Market Report: BEN gets crushed
Bendigo and Adelaide Bank (BEN) getting smashed after releasing its Trading Update.
Racing industry politics immune to horse flu
At a time of great turmoil thanks to equine influenza, the Australian racing has stayed true to it roots and continued giving political in-fighting pride of place in the national debate, writes Jeff Wall.
