Stock Market

Would rise in SNA8 catch limit benefit Sanford (NZX:SAN) business?

  • September 24, 2021 06:14 PM NZST
  • Roma
Fishing Company

Highlights Snapper fish catch limits increased by the Ministry for Primary Industries. The move could help in gaining better business opportunities for the country. Sanford limited (NZX:SAN) has recently announced the impact that can be wi...

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Building activity witnesses a rise of 2% in the June quarter

Building activity witnesses a rise of 2% in the June quarter

  • September 06, 2021 03:07 PM NZST
  • Sonal

Highlights Building work in NZ increased 2% in the June quarter compared to prior 3 months. The increase in the volume of building work was led by a 4.2% rise in residential building activity. The volume of building work done in New Zealan...

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Comvita (NZX:CVT) announces partnership with Caravan to extend its reach in North America

Comvita (NZX:CVT) announces partnership with Caravan to extend its reach in North America

  • September 06, 2021 02:08 PM NZST
  • Roma

Highlights Comvita announces strategic partnership with Caravan. Growth targeted strategies being incorporated by the Company. Dividend of 4cps announced by the Company in full-year results. Comvita Limited (NZX:CVT) announced its partner...

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Why is Sky Network’s (NZX:SKT) recent deal extension with Warner commercially important?

Why is Sky Network’s (NZX:SKT) recent deal extension with Warner commercially important?

  • September 03, 2021 04:05 PM NZST
  • Manika

Highlights Sky Network extends its deal with WarnerMedia to get the latest content from HBO Max. This deal is very significant as through this, it secures streaming rights of the HBO Max content. It is in line with Sky’s goal of becoming...

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How would Rocket Lab’s (NASADQ:RKLB) new production facility enhance its business?

How would Rocket Lab’s (NASADQ:RKLB) new production facility enhance its business?

Highlights Space company Rocket Lab began trading on NASDAQ last month. After securing significant contracts related to satellite constellations, the Company has announced the expansion of its production facility. Its rocket launch mission sch...

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General Capital (NZX:GEN) meeting results indicative of caution

General Capital (NZX:GEN) meeting results indicative of caution

  • September 03, 2021 03:25 PM NZST
  • Roma

Highlights General Capital announces results of its annual meeting. Gets shareholders’ approval for its resolutions  In the Annual General Meeting held by General Capital Limited (NZX:GEN) on Friday, the shareholders approved th...

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NZ’s Central Bank suggests stricter LVRs to lower the risky mortgage lending

NZ’s Central Bank suggests stricter LVRs to lower the risky mortgage lending

Highlights New Zealand property market continues to intensify with its increasing prices. The NZ Government is making all efforts to reduce the surging property prices, by further strengthening the LVRs. The country’s Central Bank is...

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Michael Hill International (NZX:MHJ) announces record digital first sales

Michael Hill International (NZX:MHJ) announces record digital first sales

  • September 03, 2021 12:49 PM NZST
  • Roma

Highlights Michael Hill announces results for FY21, reports strong digital-first sales Store closures across geographies due to lockdown reported Strategy for growth and expansion in place backed by a strong team. Michael Hill Internation...

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NZ’s export prices elevate its merchandise terms of trade

NZ’s export prices elevate its merchandise terms of trade

Highlights For the June quarter 2021, New Zealand witnessed a rise in its merchandise terms of trade underpinned by growth in export prices of its forestry and dairy products. New Zealand’s export prices rose mainly on account of dairy an...

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Plexure (NZX:PXI) completes institutional placement to NZ & Australian investors

Plexure (NZX:PXI) completes institutional placement to NZ & Australian investors

  • September 02, 2021 10:56 AM NZST
  • Manika

Highlights Institutional placement worth AU$15 million complete Proceeding with AU$5 million shareholder placement The new capital raise will fund the acquisition of TASK and its subsidiaries Plexure Group Limited ((NZX: PXI)) announced o...

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Webjet (ASX:WEB): Is the Company on the right track for recovery?

Webjet (ASX:WEB): Is the Company on the right track for recovery?

Highlights Headquartered in Melbourne, Webjet is a leading travel-based company in Australia. The Company's business was impacted due to Covid related restrictions and lockdowns. However, by diversifying its business strategy and focusing on d...

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