News

Auckland rail network rebuild enters stage 1; six train stations to be closed

  • November 23, 2022 04:19 PM NZDT | Tamnna
 Auckland rail network rebuild enters stage 1; six train stations to be closed

A joint media release by Auckland Transport (AT) and KiwiRail on 22 November 2022 stated that the rail network rebuild project is confirmed and has entered stage one.

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Tourism Holdings  (NZX: THL) upgrades FY23 profit guidance

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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Kiwis’ retail card spending up by 1.4% in September: StatsNZ

Kiwis’ retail card spending up by 1.4% in September: StatsNZ

  • October 11, 2022 10:09 PM NZDT | Manika

According to a report by StatsNZ, retail card spending rose 1.4% in September 2022 The largest spending was seen on consumables Cardholders made 158 million transactions across industries in September 2022

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PaySauce (NZX: PYS) reports rise in Q2 YoY recurring revenue

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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Accordant Group (NZX:AGL) launches Restricted Shares Scheme for senior management

Accordant Group (NZX:AGL) launches Restricted Shares Scheme for senior management

  • October 10, 2022 05:55 PM NZDT | Manika

AGL announced its 2022 Restricted Shares Scheme The scheme was started to incentivise senior management Under the scheme, AGL employees receive restricted shares in the company

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

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

  • October 07, 2022 03:22 PM NZDT | Manika

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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RBNZ delivers another 50-bps rate hike, OCR at 3.5%

RBNZ delivers another 50-bps rate hike, OCR at 3.5%

  • October 05, 2022 03:25 PM NZDT | Manika

The Reserve Bank of New Zealand announced its official cash rates today As was widely expected by the bank’s economists, the raise is of 50 bps again This brings the total OCR to 3.5%

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Turners Automotive (NZX:TRA) declares Q1 FY23 dividend

Turners Automotive (NZX:TRA) declares Q1 FY23 dividend

  • October 04, 2022 03:43 PM NZDT | Manika

Turners declares a dividend of 5 cps for 1QFY23 The record date for the dividend is 12 October In FY22, the company rewarded its shareholders with a dividend of 23 cps

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The A2 Milk Company (NZX: ATM) renews pact with China State Farm; shares up

The A2 Milk Company (NZX: ATM) renews pact with China State Farm; shares up

  • October 03, 2022 04:17 PM NZDT | Manika

The A2 Milk Company renewed its import and distribution pact with China State Farm Agribusiness Holding Shanghai Co This agreement has been extended for five years, w.e.f. 1 October CEO of ATM said that the agreement was critical to strengthening its busi

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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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