This is the buzzing trends show on Kalkine Live TV and lets have a look at the Buzzing news of the hour. lets have a look at the buzzing stocks for today:
• First big news. Bingo Industries Limited, the waste management company, was one of the top gainers yesterday after it announced the agreement to be bought by Macquarie Group.
• Moving on to the next news. JB Hi-Fi, Richard Murray decides to take up new challenges after serving for 18 years here. Mr Murray will leave the electronic retailing giant at the end of August and will join Premier Investments, billionaire Solomon Lew’s fashion empire. Mr Murray will replace Mark McInnes, whereas Terry Smart, current head of The Good Guys, will replace Mr Murry.
• Meanwhile, Crown Resorts problem see no end soon. Its slapped with an AU$ one million fine from The Victorian Commission for Gambling and Liquor Regulations (VCGLP).
• And finally, Coles, the supermarket giant, reported a fall in its supermarket sales during the first three months of the year. This fall is attributed to shoppers changing habits and getting back to normal. There is no more panic buying taking place.