Markets

Californian NZME shareholder: 'We like the stock'

Dan Brunskill
Fri, 12 Feb 2021

Californian NZME shareholder: 'We like the stock'
Dan Brunskill
Fri, 12 Feb 2021
NZME’s new Californian investor may be a welcome change for management who are accustomed to investors extracting what little value is left in an industry some claim is in terminal decline.US-based Osmium Partners’ chief investment officer, John Lewis, doesn’t see things that way. He is hoping to profit from the media company’s digital future and has acquired a 16 percent stake.“There has been a general market perception over the last 10-to-15 years that this is a dying industry, and we think that is just not the c...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
RBA hikes rates by 50 basis points
Ella Somers | Tue, 05 Jul 2022

The RBA’s hike was widely expected to be either in the 25bp or 50bp camp so the decision to go with a 50bp jump didn’t come as a huge surprise.

Health
Kiwis' mental health down during pandemic, says wellbeing survey
Greg Hurrell | Tue, 05 Jul 2022

A Statistics NZ wellbeing survey that was cut short by last year's covid lockdown shows that more than a quarter of the population suffered from poor mental health.

Energy
Genesis could extend Huntly's life to post-2040 using biomass
Ian Llewellyn | Tue, 05 Jul 2022

Genesis considers the lifecycle of the Rankine units running on biomass can be extended to 2040 and possibly beyond.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges