Z Energy exits electricity retail.
Revenue, ebit, post-tax profit take a dive as inflation and interest rates soar, company says.
Kiwi investors liked Betashares ASX ETFs and the company is looking to New Zealand for growth.
After disclosing court action on money laundering offences, chief executive Michael Ahearne fronted a conference call but gave no answers.
UPDATE: Fletcher Building releases more information to ASX after trading halt warning of ‘material’ half-year earnings issue.
The new guidance comes weeks before its annual results.
Cost increases and margin reductions drive Synlait into the red.
Casino operator says its potential liability for ‘significant compliance issues’ is about $8m.
Accessibility of information – some of which has questionable quality – means portfolios are exposed to more frequent, larger swings in market expectations.
A report in The Australian prompts public riposte from company after profit warning on Monday.