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Large Comvita investor bites at board and dissenting shareholders
Hunter’s Corner
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Comvita co-founder walks back takeover comments

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Comvita co-founder ‘appalled’ by adviser’s support for takeover

Investment

NBR Rich Lister Mark Stewart’s Comvita bid gets valuer’s tick
Investment
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Rakon investors go without dividend again, sale process drags on

NZX-listed oscillator maker partly blames $2.2m cost of acquisition approach for lack of FY24 dividend.

Will Mace Wed, 29 May 2024
Investment

Fisher & Paykel Healthcare returns to pre-Covid growth trajectory

The company’s share price has risen as investors and analysts give the thumbs up to 2024 full-year results and outlook for FY25.

Fiona Rotherham Wed, 29 May 2024
Investment

Metroglass delivers ‘unsatisfactory’ result, drops to $27.5m loss

The beleaguered glass supplier has implemented leadership change and cost-cuts but outlook remains ‘soft’.

Will Mace Wed, 29 May 2024
Investment

Lower farmgate than many expected next year from Fonterra

Those wanting an update on the sale of the consumer businesses were told to wait until something happened, as the dairy giant updated its full year forecast.

Dita De Boni Wed, 29 May 2024
Investment

Court approves Burger Fuel capital return

However, ‘process failings’ were identified in the judgment.

Kate McVicar Tue, 28 May 2024
Investment

Tower turns to profit as weather plays ball

‘For the longest time it felt like we were a lone voice and there were plenty of detractors,’ says chair Stiassny on the insurer’s risk-based pricing.

Jonathan Mitchell Tue, 28 May 2024
Investment

Merger or sale ‘on the table’ for Arvida Group

Group also follows retirement sector lead in scrapping dividend while it ponders restructuring options.

Brent Melville Tue, 28 May 2024
Investment
1

Serko posts 48% income rise despite weaker than expected demand

Travel management software provider responds to ForBarr's 'underperform' rating.

Will Mace Tue, 28 May 2024
Investment
16

Rakon ‘not aware’ if any of its products used in Israel’s weapons

Palestine supporters have asked the NZX-listed company to stop supplying its tech to weapons manufacturers.

Will Mace Tue, 28 May 2024
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More fibre funding better than new roads – Chorus
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