Telstra needs something big. They need a plan that will dig them out of the very deep hole they’re in. That ‘something big’ could in fact be a big split…a plan to create two companies instead of one. Telstra wants to separate themselves completely from the infrastructure arm of the business.
There’s been a huge drop in the share price of Bellamy’s Australia Ltd [ASX:BAL] today. The stock saw a decrease of 5.9% this morning. Bellamy’s is a Tasmanian-founded dairy company. It’s the parent of Bellamy’s Organic, a producer of baby food and formula. It’s push for natural and organic products gives it an appealing edge in today’s health-conscious market.
IBM is the US$130 billion aristocrat of American business in the Dow Jones. The question most Aussie investors are asking is if Telstra Corporation Ltd can now do the same.
Telstra [ASX:TLS]’s share price dropped by 1.08% today. With approximately 150 subsidiary businesses across the globe, it’s troubling to know this still isn’t enough to keep Telstra’s shares in the positives.
Facebook isn’t stupid. They know the game they’re playing. They’re constantly butting heads with the new competition that continues to enter the social media playing field. But they have been playing smart. And they’ve made the perfect move to keep them on top of the social media ladder.
Thus far in 2018, a2 Milk has reported strong revenue and earnings in numerous sectors — including producing, marking and selling dairy and infant formula products. Further, a2’s efforts to target global markets are opening new avenues for growth for the company.
Telstra made an announcement this morning, indicating plans to restructure its business in order to make better use of its infrastructure assets. Other measures included letting go of 8000 staff, to help squeeze in an extra $1 billion in savings.
Pushpay’s [ASX:PPH] share price dropped by 5.24% yesterday, following the news that co-founder Eliot Crowther was leaving the business and cashing in on his portion of shares.
At the time of writing, shares of ImpediMed Limited [ASX:IPD] are up by 14.44% from this morning’s open, trading at 51 cents in today’s market.
Today shares of Skyfii Ltd [ASX:SKF] have experienced a staggering 22.22% growth in value, all thanks to their effective business structure.