NZCity NewsLinks -

Finance

27 Jan 2025

Search

Devon Funds Morning Note - 24 January 2025
The S&P500 rose 0.5% to a record high on Thursday, and the Nasdaq finished 0.2% higher. The Dow advanced 0.9%. Old economy stocks were in demand, including Caterpillar, with sentiment towards the construction company boosted by Donald Trump

RAD - Radius Care Announces On-market Share Buyback Programme
In accordance with Listing Rule 4.14.2 and 4.14.1(a), Radius Residential Care Limited (NZX: RAD) announces its intention to commence an on-market share buyback programme to purchase up to 0.7% of its ordinary shares

WCO - Acquisition of Civic Waste, Convertible Note & SPP
WasteCo Group Limited (NZX: WCO) has entered into a $9m conditional agreement to acquire 100% of the shares in Civic Waste Limited, a leading North Island-based waste management company. This acquisition will provide WasteCo with an expanded geographic fo

GEN - Completion of Purchase of Premium Funding Business
General Capital Limited is pleased to advise that, further to its announcement on 23 October 2024, General Capital’s wholly owned subsidiary, General Finance Limited, has now completed the purchase of 100% of the shares in Bridges Financial Services

Rua receives bridging capital
Tairawhiti, New Zealand – Rua Bioscience (NZX: RUA) has decided to place new shares with key shareholders as part of a capital raise aimed at meeting short-term working capital requirements

HGH - Response to FMA proceedings
Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) notes that the Financial Markets Authority (FMA) has filed proceedings against a former junior Heartland Bank Limited (Heartland Bank) employee relating to alleged insider trading in shares in He

Japan stocks plunge, Euro stocks open lower as world markets quake over risks to US economy
The fall on the Nikkei 225, and a four-year worst plunge in Australia, are the latest in a bout of sell-offs that are shaking world markets as investors fret.

FCG - Migration to NZX Main Board
Further to the announcement made by Fonterra Co-operative Group Limited (NS) (“FCG”) on 6 November 2024, NZX Operations (“NZXO”) advises that FCG ordinary shares will migrate from the Fonterra Shareholders' Market (FSM) to the NZX

CHATHAM ROCK CLOSES PRIVATE PLACEMENT OF SHARES
WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP” and “3GRE” (Frankfurt) or the “Company”) is pleased to report that further to its news release dated October 15, 2024

TEM - Transaction in Own Shares
The Company announces that, on 29 November 2024, it purchased for cancellation 250,000 Ordinary shares of 5 pence each in the Company ("Shares") at a price of 164.40 pence per Share

FSF - Changes to FCG and FSF listings
Fonterra Co-operative Group Ltd is making adjustments to where Fonterra Co-operative Group (FCG) shares are quoted. There will be no changes to the way farmer shareholders trade shares or to who can buy shares in the Co-op

GEN -Agreement to Purchase a Premium Funding Business
General Capital Limited is pleased to advise that General Capital’s wholly owned subsidiary, General Finance Limited, has entered into an agreement to purchase 100% of the shares in Bridges Financial Services Limited (BFSL), a Waikato based insuranc

ENS - Prospective Buyback of Securities On-Market
ENS advises that it proposes to acquire up to a maximum of 1,003,402 ordinary fully paid shares in the Company (being 5% of the shares on issue) on-market at any time during the period commencing three Business Days

Wall Street slumps again, led by falling tech stocks
Traders are expecting the US Federal Reserve to cut its main interest rate in the face of dropping employment figures.