Recap
189 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 2 ratingsRethink financial news. Monday through Friday, we recap the events shaping the share markets across New Zealand, Australia, and the US. De-jargoned and delivered in 10(ish) minutes.
Made for you, by Sharesies.
www.sharesies.com
Investing involves risk. You aren’t guaranteed to make money, and you might lose the money you start with. We don’t provide personalised advice or recommendations. Any information we provide is general only and current at the time.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Lunch Money: Oil be darned 🛢 - 4th November 2022
November 04, 2022 06:22 - 5 minutes - 12.3 MBThis is an audio version of the Lunch Money newsletter for the 4th November 2022, from Sharesies, your easy-to-digest round-up of news and announcements coming out of the NZ, US, and Australian share markets. Lunch Money is not intended as advice. We won’t be making recommendations. We won’t be suggesting anything. It’s just financial news, from Sharesies. Subscribe to get a de-jargoned wrap-up of financial news coming out of three markets, every Friday. All served up in one super-sweet ne...
Tetchy tech stocks 📱28th October 2022
October 28, 2022 04:55 - 6 minutes - 14.4 MBThis is an audio version of the Lunch Money newsletter for the 28th October 2022, from Sharesies, your easy-to-digest round-up of news and announcements coming out of the NZ, US, and Australian share markets. Lunch Money is not intended as advice. We won’t be making recommendations. We won’t be suggesting anything. It’s just financial news, from Sharesies. Subscribe to get a de-jargoned wrap-up of financial news coming out of three markets, every Friday. All served up in one super-sweet ne...
Another Netflix Blockbuster 🎥 - 21st October 2022
October 21, 2022 05:08 - 5 minutes - 8.04 MBThis is an audio version of the Lunch Money newsletter for the 21st October 2022, from Sharesies, your easy-to-digest round-up of news and announcements coming out of the NZ, US, and Australian share markets. Lunch Money is not intended as advice. We won’t be making recommendations. We won’t be suggesting anything. It’s just financial news, from Sharesies. Subscribe to get a de-jargoned wrap-up of financial news coming out of three markets, every Friday. All served up in one super-sweet ne...
Lunch Money: The chips are down 🍟
October 14, 2022 04:07 - 4 minutes - 11.2 MBThis is an audio version of the Lunch Money newsletter, from Sharesies, your easy-to-digest round-up of news and announcements coming out of the NZ, US, and Australian share markets. Lunch Money is not intended as advice. We won’t be making recommendations. We won’t be suggesting anything. It’s just financial news, from Sharesies. Subscribe to get a de-jargoned wrap-up of financial news coming out of three markets, every Friday. All served up in one super-sweet newsletter. https://www.sha...
Lunch Money: Fewer bites of the Apple
September 30, 2022 03:24 - 5 minutes - 12.8 MBThis is an audio version of the Lunch Money newsletter, from Sharesies, your easy-to-digest round-up of news and announcements coming out of the NZ, US, and Australian share markets. Lunch Money is not intended as advice. We won’t be making recommendations. We won’t be suggesting anything. It’s just financial news, from Sharesies. Subscribe to get a de-jargoned wrap-up of financial news coming out of three markets, every Friday. All served up in one super-sweet newsletter. https://www.sha...
The twists keep coming with Elon Musk and his proposed Twitter takeover; Private Equity company targeting Australian pallets business and the Wallabies; update from Andrew Jefferies - CEO of NZO
May 16, 2022 06:18 - 12 minutes - 14.1 MBElon Musk puts a temporary brake on his takeover of Twitter (TWTR), some takeover news from across the ditch and John catches up with New Zealand Oil & Gas CEO Andrew Jefferies to chat about its current capital raise. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email [email protected] or record a voice message: https://anchor.fm/sh...
Casual Friday: A technology stock special with tech commentator Peter Griffin, Netflix and some important news.
May 06, 2022 04:47 - 21 minutes - 30 MBNetflix (NFLX) shareholders have filed a class action lawsuit against the company accusing it of misleading the market and not informing investors quickly enough about a slide in subscriber numbers. José talks to tech writer and commentator Peter Griffin about the downturn in the market for the once invincible tech stocks. Tom Waits - Innocent When You Dream (78) www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.shares...
ANZ reaches a profit milestone; Lockdowns in China dent Starbucks’ balance sheet; AMD celebrates a strong first quarter.
May 04, 2022 04:39 - 12 minutes - 17.2 MBThe New Zealand based part of ANZ’s (ANZ) business increased its net profit by 18 per cent, representing a lift from $930 million to $1.1 billion dollars. The China lockdowns have forced Starbucks (SBUX) to suspend their guidance for the year. AMD (AMD) experiences 71 per cent sales growth in the quarter. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any r...
RocketLab snags a rocket with a big hook; AGL and Cannon-Brookes lock horns; EU regulators accuse Apple of anti-competitive practices.
May 03, 2022 05:10 - 15 minutes - 21.5 MBRocketLab (RKLB) successfully catches a rocket with a helicopter. Billionaire Mike Cannon-Brookes continues to fight AGL’s (AGL) proposed demerger. The European Commission says Apple (AAPL) has been running Apple Pay in such a way that it harms fair competition with rivals in the mobile and online payments space. What do market dips mean for Kids Accounts? How does the global economy affect investing? What’s an investment horizon? www.sharesies.com For more share market news, subscribe...
A recap of Warren Buffett’s “Woodstock for Capitalists”; Qantas confirms non-stop long haul flights; Fortescue and Firstgas seek green hydrogen.
May 02, 2022 04:28 - 9 minutes - 13.5 MBAll the details from Berkshire Hathaway’s (BRK.A) quarterly results. Qantas (QAN) confirms its Airbus order fro new planes to connect Australia and any major city in one flight. Fortescue (FMG)and Firstgas sign a memorandum of understanding to investigate green hydrogen projects. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@...
Casual Friday: A choppy week for the US markets; Kogan profit slides on less customer demand; Elon Musk and Twitter: ¯\_(ツ)_/¯
April 29, 2022 05:21 - 24 minutes - 33.4 MBAmazon (AMZN), Apple (AAPL) and Meta (FB) all lift the bonnet on their quarters in a volatile week on the US markets. Kogan’s (KGN) stockpiling of inventory backfires somewhat as customers return to stores. NZ Herald’s Business Editor at Large Liam Dann chats about Elon Musk and his pursuit of Twitter. Liam Dann on Musk and Twitter (paywalled) Recode Media: Elon and Twitter: A love/hate story Farhad Manjoo: Is Elon Musk Really That Bad? (paywalled) www.sharesies.com For more share mark...
NZ Oil & Gas to move its main listing to ASX; Alphabet Q1 results miss expectations; Microsoft earnings buffed by cloud business.
April 27, 2022 05:14 - 12 minutes - 16.7 MBNew Zealand Oil & Gas (NZO) is looking to switch its primary listing to the ASX and launch a rights offering. Alphabet (GOOGL) misses estimates for its first quarter results, YouTube came in at $6.87 billion vs. $7.51 billion expected. Microsoft (MSFT) results meet and beat expectations for the third quarter across the board. Who is Clippy? www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If ...
The Twitter board approves Elon Musk’s $46.5 billion bid; QEX Logistics is delisted from the NZX; It’s raining takeover offers for Pushpay.
April 26, 2022 05:30 - 12 minutes - 17.4 MBThe Twitter (TWTR) board votes unanimously to approve Elon Musk’s bid to buy the social media company. QEX Logistics is delisted from the NZX after a saga of censures and fines for not meeting market disclosure obligations. Pushpay (PPH) informs the NZX it's received buyout offers and interest from third parties. New Zealand Shareholders’ Association Financial Markets Authority www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: ht...
Casual Friday: Elon Musk doubles down on his Twitter takeover; MOVe Logistics seeks a parking space on the ASX; NZ’s inflation rate hits a 30 year high.
April 22, 2022 05:06 - 19 minutes - 27.4 MBElon Musk shakes off the Twitter (TWTR) board’s poison pill and comes back with funding and a plan. MOVe Logistics (MOV) has applied to become a foreign exempt entity in the ASX: it could be dual listed by the end of May. Independent economist and Casual Friday guest Tony Alexander makes sense of the latest annual inflation rate, how we got here and what’s on the cards for the next year or so. Tony’s latest edition of Investing Insights www.sharesies.com For more share market news, subsc...
Netflix reports its first subscriber loss in 10 years; Ramsay Health Care considers a $20 billion AUD takeover bid; Johnson & Johnson suspends its vaccine sales forecast.
April 20, 2022 03:51 - 9 minutes - 13.7 MBNetflix (NFLX) share price drops 25 percent. Johnson & Johnson (JNJ) beats Q1 estimates, but reports weak demand for its Covid-19 vaccine. Ramsay Health Care (RHC) says it's received a takeover bid from a consortium led by KKR & Co (KKR), if it goes through it could be the biggest overseas private equity purchase in Australian history. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd ...
Bank of America bucks banking results; Apple workers make moves to unionise; Rua Bioscience launches its first medicinal cannabis medicine.
April 19, 2022 04:41 - 9 minutes - 12.8 MBUS banks have not fared well this earnings season, but Bank of America’s (BAC) consumer lending business gives it a left. The wave of unionisation has breached Apple’s (AAPL) shores, workers at a New York store plan to organise and petition for better conditions. Rus Bioscience (RUA) is to produce revenue after launching their first medicinal cannabis medicine. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesie...
The Reserve Bank increases the OCR to 1.5 percent; New Zealand King Salmon announces capital raise; Lululemon starts a trade-in and resell programme.
April 13, 2022 05:25 - 13 minutes - 18.7 MBTo fight inflation the Reserve Bank hikes the OCR by 0.5 percent. Lululemon (LULU) launches a trade-in and resell programme for gently used leggings, tops and jackets later this month in the US. NZME (NZM) inks an agreement with Meta (FB) to support subscriber growth and retention. New Zealand King Salmon (NZK) seeks $60.1 million NZD to change its farming model and reverse high fish mortality rates. On Thursday the 14th of April, Chapman Tripp senior associate Philip Ascroft and Frances C...
Shopify puts a proposed stock split in its cart; Pfizer inks a deal to buy med-tech company ResApp; NZ news given approval to bargain with Meta, Google.
April 12, 2022 04:54 - 12 minutes - 16.7 MBShopify (SHOP) wants to restructure its shares with a stock split and unorthodox shares for CEO Tobi Lütke. The Commerce Commission has granted provisional approval for the NPA to start collective bargaining with the Meta (FB) and Google (GOOGL) overlords for content deals. ResApp (RAP) signs a deal for a takeover by Pfizer (PFE) for its machine learning technology which detects Covid-19 from audio recordings. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesi...
Amazon seeks to overturn historic union win; Spark starts looking for a new owner of its cell towers; BlueScope triples its US capacity with one acquisition.
April 11, 2022 06:05 - 10 minutes - 14.6 MBSpark (SPK) starts a process that may lead to selling off part of its cell tower network. Amazon (AMZN) argues the election that created the first union of its workers was “tainted”. BlueScope (bsl) is to buy Cornerstone Building Brands (CNR) owned Coil Coatings for $500 million USD expanding its US holdings greatly. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in to...
Special Interview: Air New Zealand CEO Greg Foran on the capital raise
April 08, 2022 23:21 - 27 minutes - 37.7 MBJoin us for an interview with Air New Zealand CEO Greg Foran where he takes us through why the company is undertaking this $2.2 billion capital raise and its plans for the future. We also put to Greg some of the most common questions that Sharesies investors are asking. Air New Zealand rights offer: a rundown Investing involves risk, you aren’t guaranteed to make money and you might lose the money you started with. Any information we provide is general only and current at the time. If yo...
Casual Friday: My Food Bag says revenue was up for 2022; Buffett buys up a chunk of HP; could investors help avoid climate disaster?
April 08, 2022 05:09 - 20 minutes - 28.5 MBMeal kit company My Food Bag (MFB) offers up preliminary results that see it increase revenue and earnings. Hewlett Packard (HPQ) stock jumps almost 15% on the NYSE. José talks to Dr Tommy Wiedmann, one of the authors of the IPCC report on climate change, about how the world might be able to meet the Paris Agreement targets, what it might cost us and how investors could possibly help. The Conversation article on key aspects of the IPCC report. www.sharesies.com For more share market news...
Air New Zealand’s rights offer officially opens; Elon Musk gets welcomed to the Twitter board; Crown Resorts say they're cooperating fully with gambling investigations.
April 06, 2022 04:52 - 11 minutes - 16.2 MBThe Air New Zealand rights offer is open. The period in which investors can sell or buy rights ends on the 26th of April and investors have up to the 1st of May to exercise those rights. A comprehensive breakdown can be found here on the Sharesies website. Our interview with CEO Greg Foran streams on Friday the 8th of April at 12:15pm. Register here to join in live. Crown (CWN) tells the ASX that it is fully cooperating with the Victorian regulators and all matters arising from the royal...
Elon Musk buys up a chunk of Twitter; IGO Group’s merger with Western Areas hits a snag; a group of climate concerned investors puts big EU companies on notice.
April 05, 2022 04:47 - 10 minutes - 13.9 MBElon Musk buys up a 9 per cent stake in Twitter (TWTR) causing a jump in stock price. IGO Group (IGO) says an independent expert has recommended to the Western Areas Limited (WSA) board that a proposed merger isn’t in the best interest of shareholders. A group of investment firms with $7 trillion in assets has sent the biggest EU companies letters of complaint demanding they improve their climate change reporting. www.sharesies.com For more share market news, subscribe to Lunch Money, Sha...
Air New Zealand shares move in the wake of the capital raise; Tesla’s first quarter deliveries below estimates; Perpetual's buying spree is rebuffed by its latest takeover target.
April 04, 2022 04:51 - 10 minutes - 14.6 MBAir New Zealand (AIR) peaks at $1.06 before settling down about 24% at 96c. Tesla (TSLA) delivers 310,048 vehicles in the first quarter, which is up 70% from this time last year. Perpetual (PPT) offers up $2.4 billion AUD which pushes Pendal (PDL) stock up 24 per cent. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies....
Synlait Milk records $28m first-half profit; Chinese ADRs may be in for a rough ride; a new report shines a light on ethical fund mangers.
April 01, 2022 04:17 - 16 minutes - 23 MBSynlait (SML) posts its half-year results and records Net Profit After Tax was up 338% to $27.9 million compared to this time last year. Chinese ADRs might be in for a rough ride with the SEC. José talks to Dr Sebastian Gehricke from Otago Uni’s Climate and Energy Finance Group (CEFGroup) which has published a new report on the motivations of ethical fund managers. The CEFGroup’s report www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email u...
The $1.2 billion Air NZ capital raise; Apple makes big changes to its app store.
March 31, 2022 04:50 - 10 minutes - 14.6 MBAlice breaks down Air New Zealand’s (AIR) capital raise. Apple (AAPL) makes big changes to its app store and payment systems, but only to some apps. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email [email protected] or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren’t guaranteed to ...
Air NZ to reveal details of its capital raise; Genesis Energy found not to have breached power market rules; Fortescue enters an unexpected trading halt
March 30, 2022 04:21 - 11 minutes - 15.3 MBIn some late breaking news: Air NZ (AIR) is to hold a press conference at 6:20pm to offer details of its capital raise, the airline's shares are in a trading halt until 10am Thursday. The Electricity Authority says Genesis Energy didn’t breach electricity market rules by not generating more power during the blackout of August 9, 2021. Lululemon posted better-than-expected fourth quarter earnings despite reduced store hours due to an increase in Omicron infections. Fortescue goes into an out-...
Another stock split is waiting in Tesla’s glovebox; Sigma Healthcare records a net loss, but sees a shinier future; not guilty plea in the Pushpay insider trading case.
March 29, 2022 03:53 - 10 minutes - 14.1 MBTesla (TSLA) adds $110 million in value after reports the company will ask shareholders to approve a stock split. Sigma Healthcare’s (SIG) full year results are a mixed bag, reporting a net loss, but also expecting a return to profitability this year. A person accused of insider trading involving Pushpay (PPH) shares pleads not guilty in the Auckland District Court. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.shar...
Air NZ awarded more government support; Apple agrees to a multimillion dollar settlement; Star Entertainment Group CEO resigns in the middle of gambling inquiry.
March 28, 2022 04:13 - 9 minutes - 13.5 MBAir New Zealand (AIR; AIZ) announces it’s been awarded another twelve months of financial support from the New Zealand Government for cargo flights. The CEO of the Star Entertainment Group (SGR) steps down as the New South Wales casino and gambling regulator hears allegations of breaching money-laundering and counter-terriorism laws. Apple (AAPL) agrees to pay out nearly $15 million USD to users of their iCloud service. www.sharesies.com For more share market news, subscribe to Lunch Money...
Casual Friday: NZME looks set to shack up with Google; Hallensteins Glassons profit falls 40 percent; why should investors care what a B Corp is?
March 25, 2022 03:27 - 15 minutes - 21.3 MBHallensteins Glassons (HLG) announces its half year results losing 5,432 trading days across its store network due to the pandemic. NZME (NZM) is to sign a deal with Google and partly step out of a media collective seeking payments from big tech. José talks to Sharesies' executive assistant and “Bkeeper” Demi Heath for B Corp Month. What exactly is a B Corp and why should investors care? Demi’s blog post on B Corps and being a certified B Corporation. www.sharesies.com For more share ...
Elon Musk opens a new “gigafactory’ in Berlin; Kathmandu records a first-half loss of $5.5 million; Trustpower enters a joint venture for its first solar power project.
March 23, 2022 03:56 - 11 minutes - 15.6 MBKMD Brands (KMD) reports on a tough first-half year, but is ready to ride a wave of pent up demand. Elon Musk and Tesla (TSLA) open up a new "gigafactory" in Germany that could make up to 500,000 cars annually. Trustpower (TPW) joins forces with haeke’s Bay Airport to build its first solar power project. Tune into Sharesie’s weekly webinar series Shared Lunch. This week’s episode sees BusinessDesk’s investment editor Frances Cook talking with Winton Land Limited CEO Chris Meehan. Register h...
The latest on the world’s reaction to the invasion of Ukraine; The Warehouse first-half profit declines; US companies may have to disclose how they contribute to climate change.
March 22, 2022 03:58 - 11 minutes - 15.2 MBRussia’s invasion of Ukraine continues and Europe feels the impact with repercussions for supply chains; but some countries have been quick to strike up new deals to compensate. Warehouse Group Limited (WHS) releases its first-half year results with lockdowns closing stores and hitting profits. In the US the SEC proposes new rules that would force listed companies to include their greenhouse emissions and other climate change data in their publicly released financial information. Tune into ...
Fonterra is the latest company to wind back its Russian ops; General Motors gets deeper into self-drive cars; Barrick Gold and Pakistan end a decade old dispute.
March 21, 2022 03:54 - 9 minutes - 13 MBFonterra (FCG) says it will wrap up operations in Russia, including shutting down its Moscow office. General Motors (GM) buys even more shares of its autonomous car unit. Barrick Gold (GOLD) waives a $11 billion dollar award to get access to one of the world’s biggest deposits of gold and copper. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at ...
Sorry for the hiatus, but we're back!
March 18, 2022 02:09 - 24 seconds - 586 KBAfter a small break we are back on Monday the 21st of March. We can't wait to get back on the Recap horse!
Google announces US$5.4 billion deal; NZX’s CEO on its latest results and capital raise; ASX companies due to pay dividends.
March 10, 2022 04:07 - 14 minutes - 13.4 MBAlphabet’s (GOOG) Google announces its plans to acquire cybersecurity company Mandiant (MNDT). ASX companies are due to pay out an estimated AU$36 billion in dividends in coming months. NZX (NZX)’s CEO, Mark Peterson, joins us to chat about the company’s latest results and the company’s $44M capital raise. Rights offer blog: https://www.sharesies.nz/learn/rights-offers-what-you-need-to-know Shared Lunch with Mike Fuge, CEO Contact Energy: https://www.crowdcast.io/e/100322 www.sharesies....
Oil and energy disruptions are being felt worldwide; Iconic US brands suspend trading in Russia; Pacific Smiles Group reports declines due to COVID-19.
March 09, 2022 04:56 - 11 minutes - 10.2 MBThe US has banned imports of oil and other energy products from Russia as the far reaching effects of the war in the Ukraine are starting to bite globally. In a symbolic move, iconic US brands suspend trading in Russia. Pacific Smiles Group (PSQ) provides an update on its performance for the financial year to date, reporting declines due to COVID-19. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-m...
The Ukraine invasion will impact food supplies; Bed, Bath & Beyond’s new top shareholder blasts its leaders; Data around economic gender inequality makes for dark reading.
March 08, 2022 05:22 - 10 minutes - 12 MBCountries that rely on Ukraine and Russia for key food goods could be left in the cold. A report by investment bank Citigroup suggests that achieving gender parity in business could boost GDP by as much as 2 trillion dollars. Reddit short squeeze favourite Ryan Cohen emerges as a new major shareholder for Bed, Bath & Beyond (BBB). www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like ...
Threat of Russian oil sanctions push prices to 13 year high; a takeover of AGL gets pushed back for the second time; Honda and Sony get into the electric car business.
March 07, 2022 04:15 - 10 minutes - 14.5 MBOil prices reach their highest peak since 2008 after the US suggests specific oil sanctions against Russia may be on their way. The joint takeover of AGL (AGL)bid by Mike Cannon Brookes and Brookfield is formally over after their latest bid was rejected by the AGL board. Honda and Sony (SONY) join forces to make a new company looking to design and market electric cars. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.s...
A week of the Russian invasion of Ukraine; Costco beats expectations with its Q2 results; despite volatility Kiwis are advised to hold tight with their savings and investments.
March 04, 2022 03:23 - 15 minutes - 22 MBThe price of oil hits a 14 year high, but a small amount of certainty creeps back into markets. Costco (COST) sales jumped 11.1 percent from the same quarter last year. José talks to the head of the Financial Services Council, Richard Klipin, about what's been their advice to investors and clients worried about the uncertainty caused by the pandemic and the invasion of Ukraine. NZX website Take the amazing Recap audience survey and win one of 5 $50 Sharesies gifts! www.sharesies.com For...
Fed Reserve set to raise rates this month; “We’re going all in”, Ford separates its EV and gas car operations; AUS regulators give the all clear to a major travel acquisition.
March 03, 2022 03:51 - 11 minutes - 15.2 MBFederal Reserve Chair, Jerome Powell, reiterated the Fed’s plans to raise interest rates later this month, despite the uncertainty of the Ukraine crisis. Corporate Travel Management (CTD) gets the the signal to taxi to runway for its proposed acquisition of Helloworld Travel’s (HLO) business divisions. Ford (F) announces a historic reorganisation of its operations, splitting its gas and electric car making divisions into separate units. Take the amazing Recap audience survey and win one of ...
More western companies pull out of Russia; Core Lithium to send Tesla sweet, sweet Lithium; Target caps off a year of record growth.
March 02, 2022 04:13 - 9 minutes - 13.3 MBApple (AAPL) and Boeing (BA) limit or restrict sales to Russia. Core Lithium (CXO) is to supply Tesla (TSLA) with 110,000 tonnes of lithium over four years. Target (TGT) made a profit of $1.5 billion, up 12% on the same period last year. Take the amazing Recap audience survey and win one of 5 $50 Sharesies gifts! www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch,...
Sanctions start to bite the Russian economy; Rocket Lab marks full year losses, but more contracts; cinema audiences return to give Vista Group a spring in its step.
March 01, 2022 04:04 - 12 minutes - 17 MBThe markets respond to another 24 hours of the Russia-Ukraine crisis and the US makes a show of support to Taiwan. Vista Group’s (VGL) revenue for the year came in at just over $98 million, which was 12% higher than the previous year. RocketLab (RKLB) sits on a $545 million USD contract backlog and records a net loss of $117 million US dollars for the 12 months ending December 2021. Take the amazing Recap audience survey and win one of 5 $50 Sharesies gifts! www.sharesies.com For more sh...
An update on the Russia-Ukraine conflict; Genesis Energy powers up profits; Restaurant Brands bounces back from COVID-19.
February 28, 2022 04:38 - 10 minutes - 15 MBAs the Russia-Ukraine conflict unfolds, markets brace themselves for an uncertain week ahead. Genesis Energy (GNE) records a boost in its half year profits, and also upgrades its guidance for its full financial year. Restaurant Brands (RBD) reports improvements in its financial results, despite COVID-19 disruptions. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch...
Casual Friday: an update on how markets around the world reacted to the Russian invasion of Ukraine; the Air NZ CEO on the company’s half year results.
February 25, 2022 02:09 - 18 minutes - 24.8 MBFor Casual Friday this week we kick off with an update on the Russian invasion of Ukraine, how have markets reacted the intense geopolitical uncertainty and Alice talks to Greg Foran the CEO of Air NZ about the company's half year results released on Thursday. Take the amazing Recap audience survey and win one of 5 $50 Sharesies gifts! www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'...
Air NZ reports a significant loss; Omicron pushes back Qantas’ recovery; Sky TV returns to revenue growth.
February 24, 2022 04:51 - 11 minutes - 10.8 MBAir New Zealand (AIR) reports a significant financial loss in its half year results, driven by COVID-19. Qantas (QAN) reports that the Omicron outbreak is pushing back its recovery by six months. Sky Network Television (SKT) returns to revenue growth in its half year results, although reports a drop in profit. Take the amazing Recap audience survey and win one of 5 $50 Sharesies gifts! www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email upd...
Spark reports a $179m profit; Steel & Tube weathers the storm with a boosted dividend; The US slaps sanctions on Russia.
February 23, 2022 04:18 - 12 minutes - 17.6 MBUS President Joe Biden imposes economic sanctions on Russia, but why is the situation with Ukraine influencing markets? Spark (SPK) sees increases in almost all its key metrics in its first half year results. Even with Covid and supply chain impacts, Steel & Tube (STU) sees a lift In profit. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, ...
Mercury Energy results “reflect significant business change”; PGG Wrightson revenue up for the half year; Covid cost Coles $150 million over six months.
February 22, 2022 03:51 - 11 minutes - 16.1 MBMercury’s (MCY) profit more than triples to $427 million, driven by the sale of its 20% ownership in Tilt Renewables. Coles (COL) costs are up, but its supermarkets and liquor businesses saw higher margins. PGG Wrightson’s (PGW) net profit jumps 32 per cent to $22.5 million. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@share...
A2 Milk forecasts higher revenue; AGL Energy knocks back surprise takeover bid; Freightways and its “half of two quarters”.
February 21, 2022 04:27 - 13 minutes - 19 MBA2 Milk (ATM) said its revenue outlook for the six months through to the end of June had improved, but is not expected to translate into higher earnings. The AGL Energy (AGL) board said they rejected A $8 billion AUD offer on the grounds that it “materially undervalues the company”. Freightways (FRE) total revenue came in at $442 million for the six months to December 2021, up 8 percent compared to a year ago. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesi...
Casual Friday: Wesfarmers' profits impacted by rising costs. Sky TV wins back major sports rights. Why does the Ukraine/Russia crisis affect markets?
February 18, 2022 02:31 - 14 minutes - 20.2 MBWesfarmers (WES) said that its retail businesses experienced extra costs of about $43 million due to Covid-19 related costs. After missing out four years ago, Sky Network Television Limited (SKT) has won back broadcast rights to the English Premier League. José talks to Betashares Chief Economist David Bassanese about Russia, Ukraine and why the brewing crisis has affected global markets. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email u...
Spotify adds to its podcast basket with two new acquisitions; Nvidia dials up record revenue; Hallenstein Glassons forecasts a decrease in sales and profit.
February 17, 2022 04:15 - 12 minutes - 16.7 MBHallenstein Glassons Holdings (HLG) advised today that all up it expects sales for the half year to be $170 million dollars, which would be a 6% decrease compared to the same period a year ago. Spotify (SPOT) has announced that they’ve bought two podcast technology companies: Podsights and Chartable. Nvidia’s (NVDA) revenue came in at a record $7.6 billion dollars for the quarter: up 53% year on year higher than the $7.4 billion analysts expected. www.sharesies.com For more share market n...