Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
Co-op’s turnaround effort will stretch into next year.
Straker Translation’s shares are on an upward trajectory.
Better things are to come after today’s strong results, departing CEO says.
The shareholder activist group hopes to make a point about transparency.
Petrol-price increases squeeze household consumption on other items.
Despite that, Hallenstein Brothers faced a “tougher season.”
Dividend up 22% from last year to 39c; net profit increases.
Co-op expects loss of $590-$675m after asset impairments.
The big winners are the safe havens of gold and US bonds.