Stock Market
Fonterra (NZX:FCG) to sell its Brazil JV for NZ$210 million
- December 13, 2022 03:52 PM NZDT | Manika

Fonterra to sell its Brazil business to French company Lactalis The sale is part of Fonterra’s divestment strategy In an email to farmers, Fonterra CEO Miles Hurrell said that the company planned to focus on New Zealand’s milk pool
Air New Zealand (NZX:AIR) updates its earnings guidance for 1HFY23
- December 09, 2022 03:59 PM NZDT
- Manika
My Food Bag (NZX:MFB) shares drop 16% on 1HFY23 results
- November 18, 2022 05:39 PM NZDT
- Manika
Channel Infrastructure (NZX: CHI) updates guidance, shares rise
- November 17, 2022 06:51 PM NZDT
- Manika

Briscoes (NZX:BGP) posts sales growth of 27% in Q3FY22
- November 04, 2022 03:59 PM NZDT | Manika
The Briscoe Group reported sales growth of 27% in Q3FY22. Third-quarter sales grew around 27% despite several headwinds. Homeware and sporting sales growth took the overall lead in sales.
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a2 Milk Company (NZX:ATM) gets FDA nod to supply infant milk formula in US
- November 03, 2022 03:49 PM NZDT | Manika
A2 Milk company gets FDA approval to sell its infant milk formula in the United States. This decision has come after the FDA once deferred its entry in August. ATM shares jumped almost 8% today (3 November).
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Sixth Street, BGH to buy Pushpay (NZX:PPH) for NZ$1.53B
- October 31, 2022 05:35 PM NZDT | Manika
Sixth Street and BGH Capital offer to buy all of Pushpay’s shares for NZ$1.34 a share. As per the company, this deal is likely to bring value to the shareholders. Pushpay had started receiving expressions of interest to acquire it as earl ...
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Downer EDI (NZX: DOW) lands NZ$490M road contract in Victoria
- October 28, 2022 04:42 PM NZDT | Manika
Downer gets a NZ$490 million contract The contract is for road maintenance in Victoria It is a government contract that begins in February of next year
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Heartland Group (NZX:HGH) inks deal to buy Australia’s Challenger Bank
- October 23, 2022 05:52 AM NZDT | Manika
Heartland signs an agreement to acquire Melbourne-based Challenger Bank This would give HGH an opportunity to expand in Australia HGH plans to fund the acquisition through its existing resources
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Auckland Airport (NZX: AIA) revises its FY23 profit guidance
- October 20, 2022 03:30 PM NZDT | Manika
uckland Airport revises its FY23 outlook Says its underlying profit after tax is estimated to be between NZ$100 million and NZ$130 million The profit upgrade is on account of a surge in travel demand after the borders opened
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Air NZ (NZX:AIR) announces retail bond offer of NZ$75 million
- October 17, 2022 02:59 PM NZDT | Manika
Air New Zealand makes a rights offer of fixed-rate bonds The offer opens today and closes on 20 October The current bonds quoted on the NZX Debt market will mature on 28 October
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Spark NZ (NZX: SPK) completes 70% sale of TowerCo to Ontario Teachers’
- October 14, 2022 04:03 PM NZDT | Manika
Spark NZ completes a 70% sale of TowerCo to the Canadian company The sale has been completed after the Overseas Investment Office gave a nod Total sales proceeds from the deal are pegged at NZ$900 million
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Tourism Holdings (NZX: THL) upgrades FY23 profit guidance
- October 12, 2022 03:43 PM NZDT | Manika
THL upgraded its profit guidance for FY23 It said its profit is expected to be above NZ$30 million The company said the improved outlook was on the back of Q1 performance
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PaySauce (NZX: PYS) reports rise in Q2 YoY recurring revenue
- October 11, 2022 04:01 PM NZDT | Manika
PaySauce announces its Q2 FY23 update The company reports a recurring revenue of NZ$1.3 million, up 74% YoY PYS confirms that it has become a market leader in the dairy industry
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