Michael Hill has record half-year

  27.2.23 11am Michael Hill International has delivered record results across sales, gross profit and comparable EBIT for the first half year ending 1.1.23. Managing director Daniel Bracken said this “is a testament to all facets of the business having aligned to...

TruScreen to launch rights issue

  17.2.23 TruScreen Group has followed up a trading update with an announced intention to launch a one (1) for five (5) pro-rata renounceable rights issue to raise up to circa $2.2m. An offer document will be issued by TruScreen and released to the market in due...

US markets optimistic

US sharemarkets were higher on Tuesday, as investors bet the upcoming December Consumer Price Index (CPI) could show further deceleration. CommSec added that this could potentially giving the US central bank room to slow the pace of its interest rate hikes. “In...

NZ Market Report 15.12.22

A data rich day included a very strong lift in NZ’s GDP in the September quarter of +2%, taking the annualised growth rate to 6.2% which came as a huge surprise. However, during the same quarter last year ago Auckland was in tight lockdown in defence against the Delta...

Positive start by Hallenstein Glasson

15.12.22 The first 19 weeks of trading of FY23 has seen Hallenstein Glasson’s group sales improve by +41.13% on the prior year, the agm of the Australasian retailer heard today. Last year however there were multiple store closures for much of the first three months...