by Warren Head | Mar 12, 2024 | Uncategorized
The NZ sharemarket had a second day of downwards motion in today’s NZX trading session. The NZX50 dropped 44 points to 11,829.18. There were few upwards moves of any note other than a 10c gain for Auckland Airport at $8.26 and Smartpay, which added 7c to $1.52. Air...
by Warren Head | Feb 28, 2024 | Latest News, Uncategorized
28.2.24 Meridian Energy has reported net profit of $191 million for the six months ended 31 December 2023, $10 million or 5% lower than the same period last year. The year-on-year reduction in NPAT is largely due to changes in the fair value of hedge...
by Warren Head | Feb 1, 2024 | Companies, Latest News, Uncategorized
1.2.24 The Supreme Court of New South Wales delivered its judgement in Gispac Pty Ltd v Michael Hill Jeweller (Australia) Pty Ltd, which involved a dispute in relation to the supply of packaging in the years 2014 to 2018. The Court has ordered Michael Hill Jeweller...
by Warren Head | Jan 30, 2024 | Free, NZ Market Daily Report, Uncategorized
There was some deep thinking today on the implications of a still high inflation rate for interest rates. There is the inkling of doubts that rates will be reduced anytime this year. The equities market totally ignored a strong upswing on Wall Street and finished just...
by Warren Head | Jan 25, 2024 | Uncategorized
25.1.24 10.30am Kiwis like their pizzas and chicken burgers, while of late investors have been showing an increased appetite for shares in NZX-listed Restaurant Brands. The price yesterday for RBD shares firmed up to $4.00, though the price remains down 35% on a...
by Warren Head | Oct 31, 2023 | Uncategorized
Read the 2 November issue of The Headliner on site on Home page. Available to Subscribers. In this issue: Waiting, waiting, on Election results End in sight for legacy headaches at Fletcher Boxing on at Port of Tauranga THL looking down the road Skellerup –‘nothing...
