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26 May 2024   
NZCity NewsLinks
Lululemon hits bottom of S&P 500 as concern over outlook builds
Itís a reversal of fortune for Lululemon shares, which largely outperformed the US equity gauge in recent years. 
© 2024 Sat 2:55pm 

Oceania Continues to Deliver to Strategy
Oceania today announced audited Total Comprehensive Income of $70.5m and unaudited Underlying EBITDA of $82.6m for the 12 months ended 31 March 2024 
© 2024 Fri 1:45pm 

2CC - FY24 results - Record profit and dividend declared
2 Cheap Cars Group Limited (NZX:2CC) has today reported a record $6.2m net profit after tax (NPAT) for the full year to 31 March 2024 (FY24), an increase of $4.9m over FY23 
© 2024 Fri 12:45am 

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REL - Board Succession Planning
Transport and logistics group, MOVE Logistics Group Limited (NZX/ASX: MOV), wishes to advise that Lorraine Witten, a Director since 2017 and Chair for the last two and a half years, has announced that she will retire 
© 2024 Thu 3:05pm 

MFB resumes paying dividends; H2 earnings up year on year
Meal kit and food solutions business, My Food Bag Group Limited, today reported EBITDA of $16.0 million for the twelve months to 31 March 2024 (FY24).(2) 
© 2024 Thu 10:05am 

Federated Farmers put banks on notice
Federated Farmers have released the results of their latest banking survey and the findings paint a damning picture of the state of rural lending 
© 2024 Thu 8:45am 

Devon Funds Morning Note - 15 May 2024
The Nasdaq (+0.8%) hit a record high on Tuesday while the S&P500 (+0.5%) and Dow (+0.3%) also rose despite US wholesale inflation coming in higher than forecast in April, and as Marchís number was revised lower 
© 2024 Wed 1:55pm 

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Infratil Considers Infrastructure Bond Offer
Infratil Limited (Infratil) is considering making an offer of 7Ĺ year unsecured, unsubordinated, fixed rate infrastructure bonds maturing on 17 December 2031 (New Bonds) to New Zealand investors 
© 2024 Tue 3:06pm 

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OCA - Appointment of Chief Executive Officer
Oceania Healthcare Limited advises that Suzanne Dvorak has today been appointed as Chief Executive Officer 
© 2024 Fri 2:45pm 

BLT - Revenue growth and a return to profitability
In the year to 31 March 2024, Blis Technologies Ltd (Blis) achieved a return to profitability after two years of operating losses. The profit for the year was $0.6m, which was in line with guidance. This result was achieved on revenue of $11.5m, which was 
© 2024 Fri 1:25pm 

NZ Blood Workers plan 24-hour strike for pay parity
More than 290 lab workers, scientists, technicians, and administrators at New Zealand Blood Service have voted to strike after more than seven months of stalled negotiations 
© 2024 Fri 10:25am 

Mastercard set to use AI to help find compromised cards quicker and before they get used by criminals
Mastercard is integrating artificial intelligence into its fraud-prediction technology. 
© 2024 Thu 12:05am 

thl obtains bank approval for covenant amendments
On 6 May, as part of an update to FY24 earnings guidance, thl advised that, even though it was forecasting to be compliant with its covenant assessments for the 30 June 2024 quarter, it would be engaging with its banking syndicate to seek to amend the cov 
© 2024 Thu 11:45am 

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OCR 5.50% - Official Cash Rate to Remain Restrictive
The Monetary Policy Committee today agreed to keep the Official Cash Rate at 5.50 percent 
© 2024 Wed 4:45pm 

NPH - 2024 Half Year Results
Napier Port (NZX.NPH), the freight gateway for the central and lower North Island, today reports robust earnings growth for the six months to the end of March 2024 linked to the recovery of volumes 
© 2024 Wed 12:05am 

PaySauce FY24 Full Year Result and Annual Report
Software as a Service Fintech PaySauce (NZX: PYS) today reports a maiden full year net profit after tax of $1.2m for the year to 31 March 2024 as the company benefited from growth in customers and increased interest income 
© 2024 Wed 10:45am 

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