Tag: market
-
Snapchat files for IPO
Snap Inc, the parent company of Snapchat, has recently filed a confidential initial public offering (IPO). Reuters reported that Evan Spiegel’s company could go public as soon as March. The social networking platform, which is valued at $20-25 billion, will be a step closer to the biggest U.S. stock market debut since 2014. Latest reports from…
-
80c coffee from Coles
In Coles’ latest attempt to win customers hearts, they are experimenting with new convenience stores branded as “Big Yum at Little Coles.” There are currently three stores running in Melbourne that offer a range of snacks at affordable prices. They sell coffee for just 80c a cup which undercuts the popular $1 offering available at 7-Eleven stores. The…
-
Domino’s Pizza Delivers Increased Profits
This morning, Domino’s Pizza Enterprises has lifted its full-year earnings targets after posting record profit gains with half-year earnings rising more than 50 per cent. The pizza company delivered a net profit of $43.3 million in the first half of fiscal 2016, up 56.7 per cent from the $29.1 million recorded last year. They have…