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.
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Episodes
Airbnb beats Q4 expectations; Fortescue faces labour costs and weaker iron ore prices; Fletcher Building records increases in revenue and profit.
February 16, 2022 04:27 - 11 minutes - 16.2 MBFletcher Building’s (FBU) net profit came in at $171 million dollars, up 41% from $121 million a year ago. Fortescue’s (FMG) underlying net profit for the half fell 32 percent to $2.78 billion dollars. Airbnb (ABNB) sayS revenue came in at $1.53 billion US dollars, higher than the $1.46 billion expected. 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 re...
AMD and Xilinx make a record-breaking deal; Infratil downgrades its earnings guidance; BHP beats expectations for the first half-year.
February 15, 2022 03:57 - 11 minutes - 15.5 MBInfratil (IFT) expects its EBITDAF for the financial year to be in the range of $500 to $520 million dollars. AMD (AMD) buys Xilinx (XLNX) for $50 billion USD, AMD Chief Executive Lisa Su to be CEO of the combined company. BHP (BHP) profits for the half year came in at $9.4 billion US dollars, which was up 144% on the same period a year earlier. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money ...
Covid-19 restrictions bite into Sky City’s half-year profit; double-digit growth for Contact Energy; markets on a bumpy ride after latest US inflation data.
February 14, 2022 03:58 - 12 minutes - 17.4 MBThe latest data from the US showed that US inflation was 7.5% for the year ending in January, which was its highest rate in about 40 years. More hydro generation, higher sales and fewer costs see Contact Energy (CEN) post a “solid financial performance”. Sky City Entertainment (SKC) reports significant impacts on its profit and earnings. The Crown Resorts Limited (CWN) board unanimously recommends a buyout by private equity firm Blackstone. www.sharesies.com For more share market news, su...
Kathmandu update reports higher sales; growth in new sign ups for Twitter; where are NZ investors putting their money?
February 11, 2022 03:48 - 18 minutes - 25.4 MBKathmandu Holdings Limited (KMD) says it expects unaudited total group sales for the first half of the financial year to be around $405 million dollars. Twitter (TWTR) announces a new $4 billion dollar share buyback program. José talks to independent economist Tony Alexander about his new monthly survey of investors called Investing Insights, which is available on the Sharesies website. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email up...
Disney tucks more streaming subscribers into its belt; Sanford sales volumes are up; Vulcan Steel reports record half-year performance.
February 10, 2022 04:10 - 11 minutes - 15.8 MBVulcan Steel Limited (VSL) reported revenue of $463 million NZ dollars, up 35% from the same period a year ago. Disney (DIS) sees growth in almost all metrics, but the pandemic impacts consumer products and TV and film production. Sanford (SAN) sales volumes were up 11% compared to the same period a year earlier. 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, f...
Nvidia’s buyout of Arm is no more; Pfizer beats earnings expectations; FMA alleges insider trading of Pushpay shares.
February 09, 2022 03:42 - 11 minutes - 15.6 MBThe FMA is to take two people to court over allegations of insider trading of Pushpay (PPH) shares, but is not investigating the company itself. Pfizer’s (PFE) quarterly report sees earnings better than expected, but revenue didn’t reach Wall Street estimates. Arm is to seek public listing after a $40 billion USD buyout by Nvidia (NVDA) collapses. Rumors abound that Amazon (AMZN) or (NKE) Nike are eying up buying Peloton (PTON). www.sharesies.com For more share market news, subscribe to L...
Bumble matches with Fruitz; Peloton’s takeover rumours; Contact Energy updates on new geothermal station.
February 08, 2022 04:28 - 13 minutes - 19.2 MBBumble (BMBL) announces its buying French dating app Fruitz in the company’s first ever acquisition. Rumours are speculating that interactive fitness company Peloton (PTON) is generating takeover interest from several suitors, including Amazon (AMZN) and Nike (NKE). A flurry of energy-related news from NZ includes an update on Contact Energy’s (CEN) new geothermal station. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://w...
Amazon Q4 earnings mostly beat expectations; Snapchat daily active users up by 20 percent; the energy crisis and the world’s climate ambitions butt heads.
February 04, 2022 01:42 - 18 minutes - 25.3 MBAmazon (AMZN) sees growth in its cloud computing and advertising services. Snap (SNAP) makes a net profit of $23 million dollars for the quarter, compared to a $113 million loss a year earlier. José talks to Pie Fund CEO and founder Mike Taylor about increasing fuel prices and how the world will react over the next 12 months. 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 g...
Spotify shares dip again after earnings call; Meta reports its first ever quarterly decline of daily active users; Serko lowers expected revenue.
February 03, 2022 03:43 - 11 minutes - 15.8 MBSerko (SKO) issues a trading update revising its revenue guidance due to Omicron. Spotify (SPOT) CEO Daniel Ek responds to recent controversy by saying the company has much work to do. Meta (FB) sees its fourth quarter profit decline. 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: htt...
Google Ad revenue a winner for Alphabet; General Motors: semiconductor drought to ease up; Mainfreight profit up on elevated volumes.
February 02, 2022 04:21 - 11 minutes - 15.3 MBThe 9 months to December saw Mainfreight’s (MFT) revenue up 45% from $2.8 billion for the same period the previous year. General Motors (GM) records record earnings despite supply chain disruptions and pandemic issues. Alphabet (GOOGL) announces a 20-for-1 stock split and increases in earnings. 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 al...
The video game company buy up continues; climate change to affect NZ King Salmon’s earnings; latest quarter strongest yet for ikeGPS.
February 01, 2022 03:44 - 12 minutes - 17.1 MBNew Zealand King Salmon (NZK) reports its earnings could be reduced by $4 to 5 million due to climate change. For the quarter to the end of December, ikeGPS (IKE) doubled its revenue compared with the same period a year earlier. Sony (SONY) to acquire video game company Bungie for $3.6 billion USD. 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 a...
US markets wrap up rollercoaster week; Google’s US$1 billion investment into India; Spotify’s content controversy
January 31, 2022 03:55 - 10 minutes - 9.98 MBThe S&P 500 and Nasdaq Composite bounced back on Friday to wrap up a rollercoaster week for the US share market. Several artists are threatening to pull their content from Spotify (SPOT) amid controversy around the popular Joe Rogan podcast. Google’s parent company, Alphabet (GOOGL), announces its investing up to US$1 billion in Airtel, India’s second-largest telecommunications company.
Share Market dip: what you need to know
January 28, 2022 03:49 - 43 minutes - 40.7 MBSince the start of 2022, global markets have been experiencing a downward trend. This has got everyone talking about market volatility and “correction territory”. But what does this all mean? Why are markets reacting this way? And what does it mean for investors? Join Sharesies' co-CEO Sonya Williams, business journalist Rod Oram and Devon Funds Management Head of Retail Greg Smith as they break down and explain the factors leading to the current dip and discuss ways investors can react. ...
iPhone sales boosts Apple’s revenue; Synlait upgrades its forecasted farmer payouts; NZ inflation hits 5.9 percent.
January 28, 2022 03:26 - 17 minutes - 24.6 MBSynlait (SML) forecasts a 16 percent increase in farmer payouts. Apple (AAPL) sees all but one division report revenue growth. José talks to Brad Olsen (Principal Economist at Infometrics Limited) about this week’s Consumer Price Index report which sees New Zealand inflation at its highest since the 90s. 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...
The Federal Reserve says interest rates are going up soon; Tesla posts record Q4 profit; Restaurant Brands sales exceed $1 billion.
January 27, 2022 04:16 - 13 minutes - 19 MBThe highly anticipated Federal Reserve announcement has come and gone and in its place left the surety that interest rates will go up. Restaurant Brands NZ releases its sales results for 2021. 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. Invest...
Microsoft beats Q2 estimates with $18.8 billion profit; Johnson & Johnson revenue just misses expectations; the pandemic short circuits General Electric’s quarter.
January 26, 2022 04:27 - 11 minutes - 15.2 MBJohnson & Johnson (JNJ) sees sales growth across its pharmaceuticals and medical device businesses. Supply chain and inflation affect General Electric’s (GE) healthcare and wind generation wings. Microsoft (MSFT) increases revenue by 20 percent boosted by its PC and cloud businesses. 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 re...
Analysts and investors wait on the Federal Reserve; Fonterra forecasts another record payout for dairy farmers; IBM sees its best sales growth in a decade.
January 25, 2022 04:08 - 12 minutes - 17.1 MBAs markets are rattled by inflation and interest rates, the Federal Reserve weighs its options with a statement to be released on Thursday morning. Fonterra (FCG) ups its forecasted milk price payout to farmers, but keeps an eye on rising costs. IBM (IBM) refocusing on its cloud business appears to have paid off with the company beating revenue expectations. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz...
EROAD’s latest acquisition helps grow sales in America; Fortescue seeks to decarbonise; a challenging week for Peloton.
January 24, 2022 03:07 - 8 minutes - 12.3 MBAn operational update EROAD (ERD) sees growth in the USA, but also pandemic related challenges. Fortescue (FMG) says it plans to buy Williams Advanced Engineering to help decarbonise its fleet. Peloton (PTON) is the target of another gentle ribbing by TV show while it considers layoffs. 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...
Bonus Episode - 2022: Setting the Scene
January 21, 2022 20:00 - 46 minutes - 43.4 MBWe’re kicking off the year with a panel discussion about the major themes and events that might affect share markets in 2022, including COVID, inflation and interest rates, and market volatility. Sharesies' financial analyst Alice Rountree hosts a conversation with: Sharesies co-CEO Leighton Roberts; Victoria Harris, Portfolio Manager at Devon Funds and Founder of The Curve, and John Berry, co-founder and CEO of Pathfinder Asset Management. Subscribe to the Lunch Money email newsletter for...
S&P 500 at its lowest level since October; My Food Bag has a jolly Christmas; “unrest” in the Australian retail sector.
January 21, 2022 04:51 - 17 minutes - 24.3 MBAlice delivers another market update as fears over inflation and rising interest rates continue to affect markets. My Food Bag (MFB) reaffirms its guidance, but warns inflation is pushing up costs. José talks to Dominique Lamb, the CEO of the National Retail Association, a not-for-profit union representing Australian retailers. Dominque provides a view from the ground on how COIVD-19 is affecting the bottom line of Aussie retailers, both listed and unlisted. www.sharesies.com For more sha...
Casual Friday: S&P 500 at its lowest level since October; My Food Bag has a jolly Christmas; “unrest” in the Australian retail sector.
January 21, 2022 04:51 - 17 minutes - 24.3 MBAlice delivers another market update as fears over inflation and rising interest rates continue to affect markets. My Food Bag (MFB) reaffirms its guidance, but warns inflation is pushing up costs. José talks to Dominique Lamb, the CEO of the National Retail Association, a not-for-profit union representing Australian retailers. Dominque provides a view from the ground on how COIVD-19 is affecting the bottom line of Aussie retailers, both listed and unlisted. www.sharesies.com For more sha...
Autodesk picks up NZ based Moxion for an undisclosed sum; Santos benefits from strong oil and gas prices; Microsoft/Activision: what happened next?
January 20, 2022 03:26 - 10 minutes - 13.9 MBAutodesk (ADSK) snaps up Auckland based cloud company Moxion. Fourth quarter results for Santos (STO) show increased performance with strong commodity prices. Tech’s biggest ever deal may have consequences for Sony. 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/shar...
Microsoft to make its biggest ever deal; Seeka shareholders vote for a new acquisition; US markets open to a bumpy start.
January 19, 2022 03:37 - 11 minutes - 15.3 MBTech companies have been pulling the US markets down, with the ASX and NZX following suit. Microsoft (MSFT) says it will take over Activision Blizzard (ATVI) in a record breaking deal. Seeka’s (SEK) shareholders vote yes to the company acquiring New Zealand Fruits in a deal worth $21 million NZD. Sharesies’ 2022: Setting the Scene webinar goes live on Thursday the 20th at 12:15pm. Register here to find out what our experts think will be the major trends for 2022. www.sharesies.com For mo...
JB HiFi’s better than expected half year results; ikeGPS wins million dollar contract extension; strong competitors force Redbubble’s costs up.
January 18, 2022 04:16 - 11 minutes - 16.4 MBikeGPS (IKE) is given a contract extension which could generate over $4 million in revenue over the next year. Aussie retailers are reporting their COVID related woes, but JB HiFi’s (JBH) half year results are better than expected. Shipping costs, competition and demand play into Redbubble’s (RBL) latest business update. Sharesies’ 2022: Setting the Scene webinar goes live on Thursday the 20th at 12:15pm. Register here to find out what our experts think will be the major trends for 2022. w...
Interest rates rattle global markets; Wesfarmers says Covid impacted Kmart and Target sales; Wells Fargo leads the pack over Citigroup and JPMorgan.
January 17, 2022 04:13 - 12 minutes - 17.7 MBAlice outlines how inflation and interest rate concerns in the US impact markets around the world. Wesfarmers’ (WES) half year result sees Covid affect its retail chains, but other parts of the conglomerate weather the storm. In the US a trio of banks (JPMorgan (JPM), Citigroup (C) and Wells Fargo (WFC)) kick off earnings season with mixed results. Sharesies’ 2022: Setting the Scene webinar goes live on Thursday the 20th at 12:15pm. Register here to find out what our experts think will be ...
Look out 2022! Recap is back.
January 13, 2022 04:00 - 20 seconds - 314 KB2022 may very well be just a wild ride as 2021 was, potentially even more! So there's no better reason to resume your normal daily Recap listening regime. Alice and José and the Sharesies team return on Monday the 17th of January. See you then! Recap is made for you, by Sharesies. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Investing involves risk. You aren’t guaranteed to make money, ...
Casual Friday: A look back at the big stories of 2021 - supply chain disruptions; Covid-19; Gamestop and the meme stocks.
December 17, 2021 04:18 - 16 minutes - 23.1 MBIn the last episode of 2021 Alice and José look back at some of the most important stories of the year. They are joined by Gus Watson, the Head of Investments at Sharesies. 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. Y...
What happened in the Fed’s latest decision?; Trustpower a step closer to retail business sale; Qantas flies into 2022 earnings loss.
December 16, 2021 03:38 - 11 minutes - 16.4 MBElectricity generator and retailer Trustpower (TPW) is a step closer to completing its $441M retail business sale to Mercury (MCY). Qantas (QAN) forecasts a potential $1.1 billion dollars earnings loss for the first half of 2022. US markets closed higher on Wednesday after the Federal Reserve’s latest meeting—what happened? 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...
Toyota announces EV investment; the latest on Pfizer; updated guidance from two kiwi companies.
December 15, 2021 04:12 - 11 minutes - 16.4 MBSteel & Tube Holdings (STU) and Wellington Drive Technologies (WDT) update their earnings guidance. Toyota (TM), one of the world’s largest carmakers, announced that it’s investing billions of dollars into electric vehicles. Pfizer (PFE) says its antiviral pill to treat COVID-19 has been almost 90% effective in a clinical trial, and the company also announces an acquisition. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https:/...
Rocket Lab’s latest acquisition; Air NZ receives boost to support package; Peloton's product placement gone wrong.
December 14, 2021 03:31 - 12 minutes - 17.2 MBAir New Zealand (AIR) announces some changes to its support package with the NZ Government, including an additional $500M of available funding. Rocket Lab (RKLB) enters into an agreement to acquire SolAero Holdings, another space company, for US$80M. Peloton (PTON) hits back at its depiction in the ‘Sex and the City’ reboot. 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 ...
Ford to ramp up EV production; Roku and Google reach a deal;Senex Energy’s board gets behind Posco bid.
December 13, 2021 04:26 - 10 minutes - 14.9 MBRoku (ROKU) and Google (GOOGL) agree over the streaming device company’s use of the YouTube app. Steel giant Posco finally makes an offer the Senex Energy (SXY) board can take to its shareholders. Ford’s (F) CEO, Jim Farley, said that the company plans to triple output of its Mustang Mach-e EV in 2023 to keep up with demand. 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 g...
Amazon is fined over 1 billion dollars; Tourism Holdings merges with Aussie RV firm; 2021: a look back at the year on the NZX.
December 10, 2021 03:09 - 17 minutes - 24.1 MBTourism Holdings (THL) and Apollo Tourism and Leisure (ATL) have entered into a conditional agreement to merge. Italian competition regulators say Amazon (AMZN) abuses its market dominance and must pay $1.8 billion NZD. Sarah Minhinnick, GM of Capital Markets at the NZX joins us to talk about the highlights of the year, the increase in direct listings (vs IPOs) and what’s next in 2022. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email upda...
Pacific Edge lands Australian deal; Pfizer & BioNTech update on Omicron; EBOS acquires a path into Asia.
December 09, 2021 03:44 - 9 minutes - 12.7 MBPfizer (PFE) and BioNTech (BNTX) say that preliminary data shows a third dose of their COVID-19 vaccine improves protection against Omicron. EBOS (EBO) Group inks a deal to acquire medical equipment distributor LifeHealthcare Cancer. Pacific Edge (PEB) signs its first commercial deal of scale in Australia. 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 ...
Fletcher Building wants in on retirement villages; Qantas to help out with the post this Xmas; Stellantis revs up a new software strategy plan.
December 08, 2021 04:04 - 10 minutes - 13.8 MBFletcher Building (FBU) plans to change how retirement villages are run. Qantas (QAN) and Australia Post work together to get everyone's gifts home by Christmas. Stellantis (STLA) unveils its plan for the future of how humans interact with their cars. 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 v...
100th Episode Special: Kiwis’ attitudes towards money; Buzzfeed goes public; Sky TV raises guidance.
December 07, 2021 03:23 - 18 minutes - 25.3 MBIt’s our 100th episode! Sky Network Television (SKT) provides significantly improved guidance for its 2022 financial year. Digital media company Buzzfeed (BZFD) lists on the Nasdaq. Plus, we’re joined by Sharesies’ co-founder and co-CEO Brooke Roberts to chat about Kiwis’ attitudes towards money. Kiwis’ attitudes to financial wellbeing and investing in 2021 Sharesies on Instagram Recap 100th episode Instagram Giveaway Terms and Conditions www.sharesies.com For more share market news, s...
Didi plans to delist from US; Vulcan Steel’s earnings upgrade; DocuSign declines after latest results.
December 06, 2021 03:39 - 10 minutes - 15 MBDual-listed Vulcan Steel (VSL), the industrial product distributor, upgraded its earnings forecast in its trading update this morning. Chinese ride hailing giant Didi (DIDI) announced on Friday that it plans to delist from the New York Stock Exchange. Shares in e-signature software provider DocuSign (DOCU) fall after it said it expects slower growth for the final quarter of the year. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update...
IPO Friday: Grab goes public; A new listing for the NZX; Is 2021 the Year of the IPO?
December 03, 2021 03:30 - 16 minutes - 23.1 MBGrab (GRAB), the ride-hailing company, went public on Thursday in the largest US listing by a Southeast Asian company. Winton Property officially announced its plans to dual-list on the New Zealand and Australian stock exchanges before the end of the year. We chat to Greg Smith from Devon Funds about initial public offerings (IPOs) and what investors need to consider. How (and why) does a company ‘go public’? www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesi...
Wesfarmers bid for API threatened; Kiwi Property Group and IKEA reach a deal; GM revises its 2021 guidance.
December 02, 2021 03:52 - 11 minutes - 16.2 MBKiwi Property Group (KPG) and IKEA reach an agreement on the sale of land in Auckland. The Wesfarmer (WES) takeover of Australian Pharmaceutical Industries (API) is dealt a blow by interloper Woolworths (WOW). The 2021 guidance from General Motors (GM) is revised reflecting strong customer demand and weaker than expected supply issues. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Mon...
Allbirds grows revenues but widens losses; Meta might be forced to undo an acquisition; Salesforce guidance fails to meet expectations.
December 01, 2021 02:59 - 10 minutes - 15 MBOmicron continues to influence the market. Salesforce (CRM) mostly meets expectations in its third quarter earnings. A UK regulator orders Meta (FB) to sell off the recently purchased Giphy. Allbirds (BIRD) reports its first earnings report as a publicly listed company—we take a look at how the quarter went. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's direct-lis...
Markets rebound from Friday’s declines; Rua Bioscience to acquire Zalm Therapeutics; NZME acquires BusinessDesk.
November 30, 2021 04:17 - 10 minutes - 14 MBShare markets bounce back from Friday’s declines. NZME (NZM) announces it's acquired BusinessDesk, the premium business news offering, to help supercharge its growth. Rua Bioscience (RUA), the pharmaceuticals company, announces its plans to purchase Zalm Therapeutics, a New Zealand based medicinal cannabis company. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's dir...
How Omicron affected the markets; Me Today seeks a cash injection; higher costs affect Radius Care’s profit.
November 29, 2021 04:32 - 10 minutes - 14.8 MBSharemarkets around the world react to news of the Omicron Cvoid-19 variant. Me Today (MEE) announces share placement to help ease cashflow pressures caused by its honey business. Radius Care (OCA) blames higher labour costs and lockdowns on a lower half-year profit. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's direct-listing on the NZX with COO Andrew Balgarnie ...
Casual Friday: What happened with the OCR? Green Cross Health delivers ‘positive’ performance; EROAD makes a net loss.
November 26, 2021 03:30 - 15 minutes - 21.5 MBEROAD (ERD) sees a net loss in the six months to September, but a new acquisition promises new opportunities. Green Cross Health (GXH), the healthcare provider, delivers a ‘positive’ first half performance for its financial year, reflecting increased activity across all of its divisions. This week the Reserve Bank increased the OCR and to unpack that decision we replay part of this week’s Lunch Money discussion with Kiwibank economist Mary Jo Vergara. The full episode in which she discusses...
Fisher & Paykel Healthcare beats forecasts; Westpac NZ board “falls short”; The supply chain hits Gap right in the sales.
November 25, 2021 02:26 - 10 minutes - 14.1 MBThe medical equipment producer Fish & Paykel Healthcare (FPH) avoided expected drops in revenue and profit in their half year results. An independent reports outlines the “material shortcomings” of Westpac NZ’s (WBC) governance. Gap (GPS) is down $300 million in sales due to the ongoing supply chain disruptions. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's direct...
Serko announces a capital raise; Tesla’s $1.06 billion investment; CVS, Walgreens and Walmart linked to opioid crisis.
November 24, 2021 04:13 - 10 minutes - 14.7 MBThe latest Serko (SKO) results see a profit loss, but only due to planned spending. A federal jury finds CVS Health (CVS), Walgreens (WBA) and Walmart (WMT) had a role to play in America’s opioid crisis. Tesla (TSLA) primed to make a $1.06 billion dollar investment in it’s latest gigafactory. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's direct-listing on the NZX ...
Zoom unmutes expectations with its Q3 results; Arvida profits increase despite pandemic woes; TradeWindow lists on the NZX.
November 23, 2021 04:26 - 11 minutes - 15.7 MBTradeWindow (TWL) sees its market capitalisation more than double a day after direct listing on the NZX. Arvida Group (ARV) profits push upwards, but the company warns of future possible inflation and labour costs. Zoom (ZM) results push past expected margins and report slowing growth. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money Lunch Money: TradeWindow's direct-listing on the NZX with C...
Ford and Rivian cancel their EV plans; Refining NZ confirms Marsden Point will be import only; Kiwi Property Group increases its half year profit.
November 22, 2021 04:19 - 11 minutes - 16.1 MBKiwi Property Group (KPG) releases its interim half year results showing a net profit increase of 164 percent. The board of Refining NZ (NZR) confirms Marsden Point will be decommissioned next year and be moved to an import only model. Ford (F) and Rivian (RIVN) decide to drop plans to partner on a new EV. 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 ...
Casual Friday: My Food Bag to deliver its first dividend; Alibaba’s results miss the mark; CVS to shut 900 stores.
November 19, 2021 03:37 - 18 minutes - 25.2 MBMy Food Bag (MFB) delivers its first half year results with record earnings. E-commerce giant Alibaba’s (BABA) latest results miss expectations as the company faces slowing Chinese economic growth, a changing regulatory environment, and increased competition. US pharmacy chain CVS (CVS) plans to close 900 stores over three years. 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 t...
Nvidia’s ‘outstanding’ quarter; Sanford’s pandemic-impacted profits; AFT Pharmaceuticals eyes up the US.
November 18, 2021 03:34 - 12 minutes - 17.1 MBSanford’s (SAN) latest results are impacted for the second year in a row due to the pandemic disrupting the foodservice industry. AFT Pharmaceuticals (AFT) triples net profit in its half year financial results, with its eyes set on the US. Nvidia (NVDA) reports record revenue in what its CEO describes as an ‘outstanding’ 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 t...
Plexure’s growth strategy “no longer relevant”; Commonwealth Bank profit up 20 percent; regulators take a closer look at Nvidia/Arm takeover.
November 17, 2021 04:34 - 11 minutes - 16.3 MBAn internal operations review finds Plexure’s (PX1) strategy to grow the company failed. Commonwealth Bank (CBA) releases its trading update for Q1 of the 2022 financial year. More scrutiny around Nvidia’s (NVDA) proposed takeover of Arm by UK regulators. 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 reco...
Oatly Milk's challenging quarter; Napier Port results make a splash; Hollywood avoids a strike.
November 16, 2021 04:05 - 11 minutes - 16.1 MBNapier Port (NPH) reveals its full year results sporting an increase in profit and staff bonuses. Swedish alt-milk producer Oatly Milk (OTLY) reports disruptions in supply and quality will impact its revenue. Hollywood producers such as Amazon, Netflix and Sony are no doubt relieved after a major crew union agrees to accept updated contracts, avoiding a strike. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies...