by Warren Head | Mar 16, 2023 | Featured, Latest News
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,...
by Warren Head | Mar 16, 2023 | Currency, Economy, Latest News, Money Market
Lack of confidence in the Swiss bank Credit Suisse rattled global markets overnight. There was a plunge in risk appetite said BNZ Markets senior markets strategist Jason Wong - with weaker equities led by banks and energy as oil prices plunged 6% and wider...
by Warren Head | Mar 15, 2023 | Latest News
15.3.23 (9.01am) Briscoe Group have announced another record net profit after tax (NPAT) this time of $88.4 million for the year ending 29 January 2023, up on the $87.9 million reported for FY22. Highlights for the full year ended 29 January 2023: • Total sales $785.9...
by Warren Head | Mar 15, 2023 | Latest News
15.3.23 (8.48am) TradeWindow has outlined proposed cost reductions to reduce cash usage to a more sustainable level. The proposed changes reflect a more conservative approach to its R&D investments in a challenging funding market for early-stage technology...
by Warren Head | Mar 14, 2023 | Latest News
Rakon the high tech manufacturer yesterday advised it has no exposure to Silicon Valley Bank. Yet on today’s market the company’s share price did not correct price weakness. RAK shares are trading at 85c, down 4c today. Rakon designs and manufactures advanced...
by Warren Head | Mar 14, 2023 | Currency, Economy, Latest News, Money Market
14.3.23 Markets remain in turmoil following the collapse of SVB and closely followed by another much smaller crypto-focused bank, says BNZ Markets this morning. “US Treasury yields have plunged, led by the short end and the USD has been whacked,” says Jason Wong,...