Listed Companies

PAUL MCBETH: Commercial media more robust than thought

Paul McBeth
Tue, 15 Sep 2020

Paul McBeth
Tue, 15 Sep 2020
Spring came early for NZX-listed media companies NZME and Sky Network Television.NZME shares are up 71 percent since the start of August and Sky has gained a more modest 16.3 percent – both well ahead of the S&P/NZX All Index’s 0.3 percent gain.Those rises are partly due to both previously trading at severely depressed prices after years of the local media sector putting off dealing with existential structural issues well in place before covid-19 reared its head.However, it also indicates NZME and Sky got through the start of th...

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MARKET CLOSE: Kiwi falls on economic concern
Dan Brunskill | Thu, 24 Sep 2020

The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.  

ELECTION 2020: Scared or excited about a Labour-Green govt?
Paul McBeth | Thu, 24 Sep 2020

Finance professionals have grown comfortable with Grant Robertson over the past three years. Will a new governing arrangement change that?

Law & Regulation
The FMA is running out of patience
Dan Brunskill | Thu, 24 Sep 2020

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

Partner Content
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If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.

Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.