What's next for Vulcan as earnings plummet, dividend halves
Vulcan Steel halved its interim dividend after H1 earnings dropped by 30 per cent.
AdvertisementAdvertise with NZME.
Latest fromCompanies
Ross Taylor considering his position at Fletcher Building
Possible Valentine's Day resignation will come with another financial hit.
Vulcan Steel heads to earnings decline
Vulcan Steel's half-year earnings are expected to show a 30 per cent drop.
Du Val Group was ‘technically insolvent’ last September
Liabilities were $21.4 million ahead of assets in the last financial year.
Fonterra lifts 2024 milk price forecast
CEO Hurrell says Fonterra is well placed to weather geopolitical uncertainty.
Bracing for bad news: The stocks to watch this reporting season
Analysts warn this may be the third-worst earnings season ever.
Uber records first annual profits as market value approaches $250b
Financial Times: Rides, deliveries and ads increase as company celebrates.
Ex-Food Alley, Yates site in Auckland CBD stays empty: Singaporeans ponder future
'Actively seeking an anchor tenant to collaborate with us' - Peter Wall on site plans.
2degrees fires shots at One NZ deal
'2degrees’ lack of spectrum is limiting our ability to compete with Spark and One.'
Briscoe Group reports record full-year sales but expects dip in net profit
The Kiwi retailer has delivered strong results despite an industry downturn.
Ferrari profits boosted by bespoke car sales
Financial Times: Italian luxury house reports record earnings and expects further jump.
Pro Stock Picks 2024: Experts wade in on smart investments this year
Sky TV, Summerset, Contact Energy and Infratil are favourites.
Aussie weatherman rumbled: Man fired for abusing WFH policy to take US holiday
Employees urged to understand what WFH really means before booking flights.
Du Val dangles NZX listing, seeks debt swap for equity
A reformatted Du Val Property Group could issue 200 million shares.
Mercury leads NZ sharemarket up as Aucklanders take a break
Trading was quiet as Aucklanders relaxed on their anniversary holiday.
Woolworths slashes 70 per cent from its NZ supermarkets’ value
The writedown follows claims New Zealand supermarkets are uncompetitive.
Christopher Niesche: Lithium bloodbath hits billionaires
OPINION: Lithium producer Liontown's share price shows what can go wrong.
Blackstone’s soothsayers must confront questions of its own maturity
Shareholders expect a rosy future as shares rally at the private equity giant.
The dubious climate gains of turning soil into a carbon sink
Big food companies are touting regenerative agriculture, but there are significant hurdles
Could the Super Fund be tempted by Powerco stake?
Infrastructure giant QIC is looking at exiting Powerco.
Former mining boss admits false statements, settles case with FMA
The case relates to anonymous posts allegedly made on a sharemarket chatroom.
Supie partially snapped up by another Kiwi business
'The purchase price we paid wasn’t significant.'
Investors sell out of Apple & Meta, buy up Tourism Holdings, in record trading
December was a month of record trading on Sharesies.
Editorial: Buckle up - it could be another bumpy year for flying
Aviation is never dull and this year promises to be as interesting as ever.
The changing face of Auckland: Apartment projects to dominate in 2024
But as some rise, why are others struggling to get off the ground?
Ikea’s first NZ store: Watch drone footage
About 500 piles have now been driven 40-50m deep across the site, an executive says.
Govt-owned Genesis, Saudis and Canadians build $104m solar farm
Canterbury is first, Northland is likely to be next.
Lisa King on expanding AF to the US market
AF and Eat My Lunch founder Lisa King says her biggest success is leaving corporate.
Shopping warranty service Boxer goes bust owing $36m
Kiwi e-commerce business Boxer owes $36m after going into liquidation.
Jaimee Lupton on running TikTok’s most popular haircare brand
The Monday Haircare co-founder says this year has brought successes as well as challenges.
On edge and hoping for a ‘normal year’: Top five retail priorities for 2024
Industry players say 2024 will be a test for businesses and consumers.
Activist investors mount record number of attacks against companies
Financial Times: More shareholders are picking proxy fights with businesses.
Market close: Lazy day for NZ shares
The market was quiet with investors still in holiday mode.
Gracie MacKinlay on Mighty Ape’s record-breaking 2023 sales
MacKinlay says the retailers face a challenging 2024 despite record-breaking sales.