Mainfreight has super year

26.5.22 The international freight forwarder and logistics group Mainfreight has notched up another record result and a ‘more than satisfactory’ improvement on the prior year. Revenue in the FY22...

F&P Healthcare has strong year

25.5.22 Fisher & Paykel Healthcare Corporation’s results for the full year ended 31 March 2022 show another strong performance, although lower than the exceptional Covid-driven sales and...

Record result for Turners Automotive

24.5.22 9.00am Turners Automotive Group (NZX: TRA) has reported record earnings for the financial year to March 31, 2022 (FY22), with net profit up 16%. This is despite a COVID-19 disrupted year...

New government in Australia

22.5.22 The Australian Labour Party, and PM-elect Anthony Albanese, have won the Australian Federal Election but may not be a  majority government. How will the ASX react to the change of...

MARKETWEEK: Market refocuses on the back-yard.

  Some essential equipment for current circumstances 21.5.22 Warren Head Reason prevailed over over-reaction this past week as the New Zealand sharemarket refocussed onto home market events and...

Record FY22 for Ryman Healthcare

Ryman retirement village at Devonport 20.5.22 Ryman Healthcare has reported a record full year audited underlying profit of $255.0m, helped by a resilient performance through COVID and a strong...

Infratil produces record result

Sun Streams 2 solar project in Arizona   19.5.22 Infratil Ltd has announced a record net parent surplus of $1.17 billion for the year ended 31 March 2022 - the largest annual profit since...

Investore has strong year in large format

Large format retail has boosted Investore's valuation 18.5.22 The market for large format retail properties has remained strong during the last year and this has benefited Investore in the year...

What’s the ‘right amount’ of tightening?

17.5.22 Economic growth is set to slow both in New Zealand and around the world, as central banks come to terms with what’s needed to bring inflation under control, says Westpac in its quarterly...

ON THE DEATH OF BRIAN GAYNOR

  It is with profound sadness and a feeling of deep loss that The Headliner records the death earlier of the great stockmarket analyst Brian Gaynor after a short illness.   He was a great...

The Latest

Disruptions brake Napier Port half-year

Napier Port saw ship calls reduce in opening half-year 24.5.22 9.30 Napier Port’s financial results for the first half of the 2022 financial year reflect the challenges of significant supply chain and Covid-related disruptions. Revenue fell 3.6% to $50.7 million from...

Record result for Turners Automotive

24.5.22 9.00am Turners Automotive Group (NZX: TRA) has reported record earnings for the financial year to March 31, 2022 (FY22), with net profit up 16%. This is despite a COVID-19 disrupted year from lockdowns and more recent impact of Omicron on consumer demand and...

Sentiment shift supports NZ dollar

The new week has kicked off with a lift in risk appetite, with global equities markets showing some decent gains, higher global rates and weaker safe-haven currencies like JPY and the USD. The NZ dollar has been a beneficiary of the change in sentiment, gaining 1% to...

Mining adds some iron to limp market

23.5.22 Despite a strong start to trade, which saw the Aussie sharemarket reach highs of 0.7 per cent, the S&P/ASX 200 finished on a flat note, gaining 0.1 per cent or 3 pts, to 7149, says CommSec. The Materials sector did much of the heavy lifting today after the...

Market report 23.5.22

23.5.22 The national sharemarket settled into a more normal pace today, after a weekend of reflection on the 2022 Budget, the re-emerging tourism market, prospects for a further hike in the Official Cash Rate midweek, and the March season of company reports. The...

Net rentals lift Kiwi Property’s year

23.5.22 (9.40am) Kiwi Property continued to build strategic momentum in the year ended 31 March 2022 (FY22), announcing a strong financial result, including growth in all key operating metrics. Net profit after tax rose 14.1% to $224.3 million, driven by increases in...

AFT Pharma has better year

AFT Pharmaceuticals CEO Dr Hartley Atkinson 22.5.22 (9.12am) Along with a FY22 operating profit in line with guidance, AFT Pharmaceuticals has struck its dividend policy and guides to a maiden payment in FY23. The company’s 31 March 2022 results show strong growth...

New government in Australia

22.5.22 The Australian Labour Party, and PM-elect Anthony Albanese, have won the Australian Federal Election but may not be a  majority government. How will the ASX react to the change of government? The new Labour government will thus depend on the cross-benches,...

MARKETWEEK: Market refocuses on the back-yard.

  Some essential equipment for current circumstances 21.5.22 Warren Head Reason prevailed over over-reaction this past week as the New Zealand sharemarket refocussed onto home market events and let the turmoil on Wall Street take care of itself. In that sense the...

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