Industrial Stocks

NPH, POT, SPN: 3 port stocks to watch as borders open up

  • July 24, 2022 06:00 AM NZST
  • Manika
 NPH, POT, SPN: 3 port stocks to watch as borders open up

The global trade forecast has been lowered by the World Trade Organisation (WTO) The lower forecast is due to the ongoing Russia-Ukraine conflict Governments and multilateral organisations must work to restore some trade momentum, says the world trade bod

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Auckland International (NZX:AIA) alters indicative margin for retail bond offer

Auckland International (NZX:AIA) alters indicative margin for retail bond offer

  • November 10, 2021 05:49 PM NZDT
  • Sonal

Highlights AIA is providing up to $100 million of 5-year fixed rate bonds. The Group revised indicative margin for its bond offer on Wednesday to 0.7% per annum. Bonds are due to mature on 17 November 2026. Auckland International Airport ...

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GE stock jumps 17% on plans to split into three companies

GE stock jumps 17% on plans to split into three companies

Highlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock ...

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Freightways (NZX:FRE): What is its strategy discussed in ASM?

Freightways (NZX:FRE): What is its strategy discussed in ASM?

  • November 08, 2021 05:57 PM NZDT
  • Sonal

Highlights FRE experienced a solid FY21, but its results were impacted in Q1 FY22 due to a level 4 lockdown. The Company plans to advance its pricing for effort for its courier brands, grow its waste renewal business and looks for efficiency in...

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Which 2 NZX Freight & Logistics Services stocks have hefty YTD returns?

Which 2 NZX Freight & Logistics Services stocks have hefty YTD returns?

  • November 05, 2021 09:59 PM NZDT
  • Sonal

Highlights The freight and logistics sectors help in the management of goods movement in or outside NZ.  Move Logistics opened its retail entitlement offer on 1 November.  Mainfreight released an update on trading performan...

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Which are 5 NZX transportation stocks with decent YTD returns?

Which are 5 NZX transportation stocks with decent YTD returns?

  • November 04, 2021 05:57 PM NZDT
  • Sonal

Highlights NZ has a big, efficient, and varied transport sector. Move Logistics opened the retail entitlement offer as part of its aim to raise $40 million. South Port announced that Thomas Foggo would be elected to the SPN Board in 2023. ...

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AIR & AIA: How are airline stocks surviving the pandemic?

AIR & AIA: How are airline stocks surviving the pandemic?

Highlights NZ Government has notified that it would now commence with phased relaxation of border restrictions. In Air NZ’s Annual Shareholders’ Meeting, the Company’s Chairman stated that 2021 had been a year of uncertainty a...

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How have 5 NZX industrial stocks fared on record imports?

How have 5 NZX industrial stocks fared on record imports?

Highlights NZ imports continue to rise in September 2021 for the third consecutive month. Rakon to unveil its half-year results in late November. Scott Technology bags a project worth NZ$20 million for a leading US-based appliance manufacturer...

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Auckland International (NZX: AIA): What were highlights of Annual Meeting?

Auckland International (NZX: AIA): What were highlights of Annual Meeting?

  • October 21, 2021 03:50 PM NZDT
  • Sonal

Highlights AIA’s operations continue to be impacted by the COVID-19 pandemic amid travel curbs and lockdowns. The Group’s revenue was down by 50% to $281 million in FY21. AIA remains optimistic for future growth as international tr...

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How are 3 NZX transport stocks faring in Q4 2021?

How are 3 NZX transport stocks faring in Q4 2021?

  • October 13, 2021 12:49 PM NZDT
  • Sonal

Highlights New Zealand has a large and diverse transportation sector. MOVe Logistics reported a 6% rise in revenue in FY21 but its international business faced supply chain issues. Mainfreight witnessed an impressive FY21 with many projects in...

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Did Rua (NZX:RUA) build solid foundations for growth in FY21?

Did Rua (NZX:RUA) build solid foundations for growth in FY21?

  • October 01, 2021 04:56 PM NZDT
  • Sonal

Rua Bioscience Limited (NZX:RUA) is an NZ-based pharmaceutical company that aims to be a top producer of cannabinoid-derived medicines. Rua’s mission is to maximise the ability of the evolving medicinal cannabis industry to enhance...

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