Greg Smith: Devon Funds Management representative on market value results, Spark, Sky TV, Fonterra and Australian real estate giant

Spark has lost $1 billion in market value, a result that was greeted with shock by investors. Sky TV also reflected a tough economy, while Fonterra jumped after lifting earnings forecasts.  Crossing the Tasman, an American real estate giant has launched a A$2.6B bid for Australian real estate portal domain.  Greg Smith of Devon Funds Management talks to Mike Hosking about the outcomes.  LISTEN ABOVE. See omnystudio.com/listener for privacy information.