Company Overview and News

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NZ shares bounce back led by Synlait Milk

7h nzherald.co.nz
New Zealand shares bounced back from some of yesterday's sell-off as investors are yet to see serious contagion from Turkey's burgeoning financial crisis, led higher by Synlait Milk and A2 Milk Co. Summerset Group Holdings fell after reporting first-half earnings.
AIR FCREY NZTCF ACKDF ANZFY AUKNY AIZ SKT SYKWF SKKTY SNZ SML AIA FBU SPKKY NZTCY SPK FRCEF PGW KWIPF PGWFY AIA FBU ANZLY ANZFF PGWFF MEZ PFGTF

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Comment: How to spend a billion dollars

2018-08-13 nzherald.co.nz
You might've seen some headlines recently, with capital figures that defy belief - such as Uber raising a USD$9 billion (NZ$13.65 billion) investment round earlier this year.
FBU FBU FCREY FRCEF

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Fletcher starts sale process for Formica, private equity firms likely bidders, report says

2018-08-12 nzherald.co.nz
The sales process for Fletcher Building's Formica unit is about to get underway, and is most likely to attract the interest of private equity buyers, the Australian newspaper reported.
FBU FBU FCREY FRCEF

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NZ shares up; TradeMe and A2 gain

2018-08-10 nzherald.co.nz
New Zealand shares gained on continued market strength from the weaker Kiwi dollar, led higher by Trade Me Group and A2 Milk Co, while Fonterra Shareholders Fund dropped as its expected final dividend was removed.
TME TRMEF FBU FBU FCREY TME SKLUY SKL TDMEY FRCEF FTRRF

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NZ shares up; Pushpay, SkyCity gain

2018-08-09 nzherald.co.nz
New Zealand shares gained as the dollar sank following the official cash rate update, with Pushpay Holdings recovering from recent selling and SkyCity Entertainment Group continuing to gain.
KTHDY FBU FCREY NZR FRCEF FTRRF KMD SKC PPSHY FBU VTHPF GTK KMD

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SkyCity best performer as shares drop

2018-08-08 nzherald.co.nz
New Zealand shares fell, led lower by Pushpay Holdings' continued weakness, while SkyCity Entertainment Group gained on its strong annual results.
AIA FBU PYIYY RHCGF FCREY RYM ACKDF FRCEF AUKNY SKC AIA PPSHY FBU RYHTY PFI

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NZ shares fall as Pushpay, Fletcher drop

2018-08-07 nzherald.co.nz
New Zealand shares fell, led lower by ongoing weakness in Pushpay Holdings and as construction sector fears weigh on Fletcher Building, while Summerset Group Holdings gained.
FBU SKC FBU PPSHY FCREY SNZ FRCEF KWIPF

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In a vice-grip: construction sector grasped by turmoil

2018-08-02 nzherald.co.nz
For New Zealand's construction industry, the best and worst of times have arrived together. Demand is soaring, but so are costs and labour shortages, and even some big-name builders have found it tough to make a profit.
AIA FBU CWYCF FCREY ACKDF FRCEF AUKNY LGTHY CIM AIA FBU CWYCY LGTHF

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Market looks to big increases in NZ earnings from reporting season

2018-07-29 nzherald.co.nz
There is a wall of company results out next month and with the sharemarket bounding ahead, they will need to be good to justify current share prices, analysts said.
FBU FBU THL SKC FCREY FRCEF

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NZ shares dip as Facebook woes colour global markets

2018-07-26 nzherald.co.nz
New Zealand shares edged lower as a weak earnings result from Facebook cast a pall over global equity markets while investors prepare for the local earnings season. Property For Industry and Heartland Bank declined, while Sky Network Television extended its recovery.
CEN FB PYIYY AIR FCREY NZTCF RYM ACKDF ANZFY AUKNY AIZ COENF SKT SYKWF CEN SKKTY AIA FBU RHCGF SPKKY NZTCY SPK FRCEF COENY AIA FBU ANZLY RYHTY ANZFF MEZ PFI

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APEC 2021 needs 'every hotel bed' in Auckland

2018-07-23 radionz.co.nz
The tourism sector is warning Auckland may run out of hotel rooms if big-name accommodation developments falter or fail.
FBU FBU FCREY FRCEF

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MARKET WRAP: NZ shares flat on mixed trading

2018-07-17 nbr.co.nz
Hamilton Hindin Greene investment adviser Grant Davies says Steel & Tube was “probably due” a good trading day.
FBU FBU FCREY NZR FRCEF PGWFF PGW PGWFY

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NZ shares mixed, A2, Kathmandu weaken

2018-07-17 nzherald.co.nz
New Zealand shares were mixed, with Kathmandu Holdings and A2 Milk dragging the index lower while defensive stocks such as Investore made gains amidst global uncertainty.
KTHDY GNE FBU FBU FCREY GNE FRCEF KMD GEL SML KMD

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Fletcher Building appoints new head to deal with construction

2018-07-15 radionz.co.nz
Fletcher Building is making further changes to its top management as it appoints a new construction business head.
FBU FBU FCREY FRCEF

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Fletcher appoints Peter Reidy CEO of its construction problem child

2018-07-15 nbr.co.nz
Fletcher Building has appointed a new chief executive to its construction division, Peter Reidy, who is KiwiRail’s chief executive, and also moved current chief executive, Michelle Kernahan, to head the building products division.
FBU FBU FCREY FRCEF

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