Why are NZ insurance companies under the spotlight?

Highlights Infratil investment activity is centered on building scalable platforms. The Group recently committed US$233 million to a new renewable energy platform called Gurin Energy. Infratil expects its EBTDAF to be between $505 and $550 mil...

Highlights A strong balance sheet noted by Kathmandu Holdings. Hallenstein Glasson informs about store closures amid delta outbreak. Michael Hill announces a virtual Annual Meeting to be held next month. The retail stock industry has seen...

Highlights The annual report released by Marlborough Wine Estates. Strong financial position with low debt recorded in the company’s annual results declared last month. Strategies to market product extensively is said to be the future st...

Highlights The dairy price increase could mean a surge in related commodity’s demand. Fonterra co-operative reveals 15cs final dividend. Annual meeting announcements made by various dairy stocks. As recently announced, dairy prices ...

Highlights Mid-cap stocks have huge growth prospects, with lower intensity to market volatility. Freightways to hold its ASM towards October-end. Summerset Group Holdings granted consent to construct a new retirement village. Mid-cap stoc...

Highlights Tech stocks are instrumental in driving the growth of an economy. EROAD reveals entering into a strategic partnership with Seeing Machines, which is famous for computer vision technologies combating driver fatigue. Enprise Group pai...

Highlights First home buyers to find it tough to buy houses at increased prices from 1 November as new tighter lending rules come into play by the RBNZ. GMT’s draft valuation report showed that its real estate portfolio would post an incr...

As the market participants are aware, the global economy witnessed the significant disruption as a result of the outbreak of the COVID-19 pandemic. In order to restrict the spread of COVID-19, several lockdowns were imposed and, as a result, the oper...

Highlights The airline industry is under the impact of lockdowns and travel bubble suspension amid delta variant outbreaks in Auckland. Air NZ provided estimations of the impact of different alert levels on the financial performance of the Comp...

Highlights Pacific Edge concludes its capital raise of NZ$80 million. Cxbladder products’ outperformance a reason for a surge in demand. This could mean further growth for the Company in the future. In a recent announcement, Pacific...