Half-year profit plunge for The Warehouse

Half-year profit plunge for The Warehouse

23.3.23 A combination of rising costs and trimmed margins has been a tough mixture for The Warehouse Group in the January 29 half-year. While group sales of $1.813 billion are up 4.8% compared to FY22 half year, the bottom line reported net profit dropped 60.9% to...
US Fed lifts interest rate

US Fed lifts interest rate

The US Federal Reserve’s Federal Open Markets Committee has stayed on course in its anti-inflation strategy – despite recent turmoil in the edges of the American banking sector - and raised the target range for the federal funds rate to 4-3/4 to 5% “Recent indicators...
Better terms in new Pushpay scheme

Better terms in new Pushpay scheme

  Pushpay Holdings has been able to upgrade the terms of the Scheme Implementation Agreement with Pegasus BidCo Ltd, including an increased bid price.  It has also secured the support of its key institutional shareholders for the new scheme Under the amended SIA,...