Recent Posts

World Week Ahead: Eyes on US employment data

US labour data will be the focus of investors desperately trying to get a handle on the likelihood and timing of a Federal Reserve easing back of its bond-buying program, after a week of comments by central bank officials failed to provide further clarity. While last week’s slew of speeches helped stem the steep slide of both equity and bond …

Read More »

Whopper windfall dividend looms from Meridian’s sale of huge Aussie wind farm stake

The government looks set to receive a windfall whopper dividend from Meridian Energy following the sale of its 50 percent stake in the A$1 billion Macarthur wind farm in Victoria. The sale, which valued state-owned Meridian’s holding at A$659 million, comes right on balance date for what is likely to be Meridian’s last financial year under 100 percent state ownership, …

Read More »

Restaurant Brands bets on new brands to drive future earnings growth

Restaurant Brands, New Zealand’s largest fast food operator by sales, is betting on new brands such as burger chain Carl’s Jr to drive future earnings growth in the nation’s $2 billion fast food market and remains keen on adding new offerings such as Taco Bell. The company opened its first two Carl’s Jr stores targeting “hungry young guys” last financial …

Read More »