Sharemarket News

Judith Swales to leave Fonterra
16 May, 10:39am
Fonterra Co-operative Group Ltd has today announced that Global Markets CEO Judith Swales has decided to leave the Co-op... More »

Fonterra announces step-change in strategic direction
16 May, 10:34am
Fonterra Co-operative Group Ltd has today announced a step-change in its strategic direction, as it commits to deepening its position as a world-leading provider of high-value, innovative dairy ingredients... More »

USX Trading Results 15th May
16 May, 10:28am
In trading on the USX for the week ending Wednesday 15 May 2024, there were 32 trades (previous week 14 trades) totaling 0.391m shares, worth $1.338m... More »

Devon Funds Morning Note - 15 May 2024
15 May, 10:02am
The Nasdaq (+0.8%) hit a record high on Tuesday while the S&P500 (+0.5%) and Dow (+0.3%) also rose despite US wholesale inflation coming in higher than forecast in April, and as March’s number was revised lower... More »

Global Esports and game development landscape fast changing
15 May, 8:28am
With air temperatures over 45 degrees, Riyadh is a very hot place to visit for a couple of days. Sitting in the middle of the Saudi Arabian Peninsula, the city is surrounded by sand and a sun that is relentless. It’s been that way for centuries.&nbs... More »

PCT - Precinct FY24 Third Quarter Dividends
14 May, 1:06pm
Precinct Properties New Zealand Limited (“PPNZ”) is pleased to advise a cash dividend for the FY24 third quarter of 1.497500 cents per share. This dividend has no imputation credits to attach for the quarter and therefore no supplementary divi... More »

Just Life Group Limited buyback offer opens
14 May, 10:39am
Just Life Group Limited (the “Company”) has today written to shareholders, offering to buyback up to 2.5 million shares at a price of NZ$0.30 per share (Offer)... More »

Meridian Energy monthly operating report for April 2024
14 May, 9:59am
Attached is Meridian Energy Limited's monthly operating report for the month of April 2024... More »

WCO - James Redmayne to resign from executive role
13 May, 3:44pm
WasteCo Group Ltd announces that James Redmayne has given notice that effective 30 June 2024, James is to resign from his executive role with WasteCo and will therefore no longer be an executive director and will transition to being a non-independent dire... More »

Fletcher Building Market Update
13 May, 1:31pm
Market conditions across the Company’s Materials and Distribution divisions have weakened throughout FY24. In New Zealand, market volumes to date in 2H24 have moved ~5% lower than 2Q24, and in Australia market volumes to date in 2H24 are ~10% lower... More »

Devon Funds Morning Note - 13 May 2024
13 May, 1:05pm
European indices were buoyant on Friday, with the STOXX600, Germany’s Dax, and France’s CAC40 all hitting record highs. The FTSE100 also ascended to unchartered territory... More »

GTK - Half-Year Results Investor Briefing Details
13 May, 11:45am
Gentrack Group Limited (NZX/ASX: GTK) invites investors to a conference call on Monday 20 May 2024 at 10.30am NZT / 8.30am AEST (duration 1 hour) to review Gentrack’s results for the half-year ended 31 March 2024... More »

GNE - Huntly Firming Options
13 May, 11:08am
Genesis Energy has released a document outlining background information and an indicative term sheet for Huntly Firming Options (HFOs). The Huntly Firming Options will only be available to certain wholesale investors within the meaning of the Financial Ma... More »

Chatham Closes Private Placement
13 May, 11:06am
WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP” and “3GRE” (Frankfurt) or the “Company”) is pleased to announce that it has closed a non-brokered private placement of 3... More »

Rakon FY2024 Results Announcement Date
10 May, 1:10pm
Rakon Limited (NZX:RAK) will announce its results for the year ended 31 March 2024 on Wednesday 29 May 2024... More »

WHS - The Warehouse Group FY24 Third Quarter Sales Update
10 May, 10:38am
The Warehouse Group (“the Group”) has today provided a trading update for the 13 weeks ending 28 April 2024 (“FY24 Q3”) and the 39 weeks year to date... More »

FY24 Results Announcement Date and Briefing Details
9 May, 10:49am
My Food Bag Group Limited (My Food Bag) will release its annual results for the financial year ended 31 March 2024 prior to the market opening on Thursday, 23 May 2024... More »

Fonterra appoints permanent CFO
9 May, 10:42am
Fonterra Co-operative Group Ltd has today announced the appointment of Andrew Murray to the role of Chief Financial Officer... More »

Harapaki wind farm now on track for mid-winter completion
9 May, 10:08am
New Zealand’s electricity supply is set for a welcome boost in the second half of winter, with Meridian’s newest wind farm on track for early completion... More »

Rabobank picks $8.40 kg/MS forecast milk price for 24/25 dairy season, but warns global dairy price recovery now likely to be slower
9 May, 8:50am
With meaningful global milk supply growth remaining elusive, Rabobank has forecast an opening milk price of $8.40 kg/MS for the 2024/25 New Zealand dairy season... More »