Company earnings, coronavirus headlines to set the tone

Company earnings, coronavirus headlines to set the tone
Rebecca Howard
Investors will be watching for company earnings reports for direction while the kiwi dollar may continue to trade sideways after mixed but quiet trading on Wall Street although covid-19 headlines could shake things up. The S&P 500 and the Nasdaq edged up 0.2 percent, while the Dow Jones Industrial Average slipped 0.1 percent on Friday. US markets will be closed overnight for the Presidents' Day holiday. ASX futures are pointing to a 17-point slide to 7,049 on the Australian exchange. Domestically earnings will remain in focus with Prop...

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NZ sharemarket has 'soft day', down 0.5%
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The S&P/NZX 50 Index closed down 0.53% or 71.407 points to 13,306.44.

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More butter, more value: Fonterra’s $75m move to expand production
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Fonterra Co-operative Group will invest $75 million to expand butter production at its Clandeboye site in South Canterbury.The move is part of the next phase of strategic investments by the co-op, signalled in its annual result.At the time, chief executive Miles Hurrell said the...

Air NZ expects 1H loss of $30m to $55m
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Air NZ expects 1H loss of $30m to $55m

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