News

Why is Rua Bioscience’s (NZX:RUA) share rising today?

  • October 07, 2022 03:22 PM NZDT | Manika
 Why is Rua Bioscience’s (NZX:RUA) share rising today?

RUA makes headway with the Trans-Tasman medicinal cannabis partnership The company exported its first seeds to Australia The seeds will be grown by Cann Group

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Why is Geo (NZX:GEO) in news these days?

Why is Geo (NZX:GEO) in news these days?

  • October 01, 2022 05:54 AM NZDT | Manika

GEO reported an increase in loss in FY22 The company is focused on improving its products and development capabilities The revenue also dropped 11.2%, according to the annual report

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New Zealand Windfarms (NZX: NWF) is in news today; here’s why

New Zealand Windfarms (NZX: NWF) is in news today; here’s why

  • September 29, 2022 05:00 PM NZDT | Manika

NZ Windfarms holds its annual shareholder meeting today Informs the shareholders of its key business highlights Also announces governance changes within the company

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Warehouse Group (NZX: WHS) reports FY22 sales of NZ$3.3B, shares fall

Warehouse Group (NZX: WHS) reports FY22 sales of NZ$3.3B, shares fall

  • September 28, 2022 04:14 PM NZDT | Manika

Warehouse delivers sales of NZ$3.3 billion The company reported an NPAT of NZ$89.3 million Online sales increased 39.8%, accounting for 15.3% of total sales

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Synlait Milk (NZX: SML) announces FY22 results, shares fall

Synlait Milk (NZX: SML) announces FY22 results, shares fall

  • September 27, 2022 04:24 PM NZDT | Manika

Synlait Milk delivered its FY22 results today The company also shares its “refreshed” strategy Synlait said that it had returned to profitability

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NZ share market ends lower; NTL and MPG gain; PX1, PYS lose

NZ share market ends lower; NTL and MPG gain; PX1, PYS lose

  • September 23, 2022 08:47 PM NZST | Manika

The NZ share market ends the week in the red The NZ50 was down 0.72% on global cues NTL gained 50%, while tech stocks lose

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Tourism Holdings (NZX:THL) is in news today, here’s why

Tourism Holdings (NZX:THL) is in news today, here’s why

  • September 23, 2022 06:42 PM NZST | Manika

NZCC grants clearance to THL to merge with Apollo The clearance came after an undertaking to divest some ATL assets in NZ As per the company, the transaction is likely to be completed by year-end

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Air New Zealand in recovery mode; shares FY23 earnings guidance

Air New Zealand in recovery mode; shares FY23 earnings guidance

  • September 22, 2022 04:59 PM NZST | Manika

Air NZ announced it is on the path to recovery. The airlines expects earnings to be in the range of NZ$200-NZ$275 million in FY23. Air NZ shares were trading in green at the time of writing this.

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NZX 50 closes in red; NTL and AIR gain; MPG, TRU lose

NZX 50 closes in red; NTL and AIR gain; MPG, TRU lose

  • September 21, 2022 08:33 PM NZST | Manika

The New Zealand share market closes in the red as the NZX 50 benchmark index was down 0.62%.

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Why did Metro Glass’ (NZX: MPG) shares move up 10% today?

Why did Metro Glass’ (NZX: MPG) shares move up 10% today?

  • September 20, 2022 08:25 PM NZST | Manika

MPG’s FY22 performance was below expectations due to COVID-19 pandemic-related challenges In FY23, the focus will be on being resilient and improving its Australian market The stock was up 10% in today’s trade

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NZX 50 up 0.33%; GTK, NZK shine; PX1, RAK slip

NZX 50 up 0.33%; GTK, NZK shine; PX1, RAK slip

The NZ share market closed on a positive note on Tuesday. While Gentrack Group, New Zealand King Salmon Investments and Seeka, etc., witnessed share price gains, Plexure Group and Rakon were among the NZX decliners.

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