Recent Posts

A2 says FY earnings flat, sees growth in 2016; pooh-poohs takeover bid

A2 Milk Co, which markets milk with a protein variant said to have health benefits, says annual earnings were flat and are set to triple in 2016 with sales expected to rise faster than forecast. Separately, the company has told its suitors to try again after an initial offer wasn’t compelling and drew out rival bidders. Earnings before interest, tax, …

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Exporter earnings ripe for upgrades after kiwi dollar slump

Sharemarket analysts are expecting a slew of profit upgrades and new commentary from stock exchange-listed exporters in the upcoming earnings season following the recent slump in the value of the New Zealand dollar, says Andrew Bascand, the managing director of Wellington-based funds manager Harbour Asset Management. Among likely beneficiaries are businesses such as Fisher & Paykel Healthcare, Nuplex Industries, Xero …

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National takes big hit in latest Roy Morgan NZ poll

The National Party has lost more than 10 percent of its support in two months, as measured by the New Zealand arm of Australian pollster Roy Morgan, to run neck and neck at 45 percent support, with its coalition partners, against a combination of the Labour and Green parties for the first time since five months before last September’s general election. Labour and the Greens …

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