PaySauce says what's good for NZ is good for Aussie, Aroa, a moment with John McMahon, and more

PaySauce says what's good for NZ is good for Aussie, Aroa, a moment with John McMahon, and more
Mr Auckland FC Bill Foley is back on the board of Foley Wines. (Image: NZME)
Rebecca Stevenson
Stay ahead with BusinessDesk's regular Small Cap Wrap – all the latest small cap opportunities, market trends and more.Analysts from Bell Potter are upbeat about the medical technology firm Aroa Biosurgery.  A recent research report said the company, which uses sheep stomachs for wound repair products, was positioned for meaningful growth into the 2026 and 2027 financial years. Aroa generated positive cash flows for two quarters in a row and finished the fourth quarter of the 2025 financial year with $22 million. Gutsy...

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NZ sharemarket dips despite strong US, Australian gains
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NZ sharemarket dips despite strong US, Australian gains

The S&P/NZX 50 Index closed down 25 points or 0.19%.

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Livestock Improvement Corp posts strong profit but warns of FY26 one-offs
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Livestock Improvement Corp posts strong profit but warns of FY26 one-offs

Dairy genetics company Livestock Improvement Corporation (LIC) posted a stronger result for the 12 months to May 31, but warned the current financial year would be impacted by one-offs.LIC booked a full-year after-tax profit of $30.6 million for the 12 months to May 31, up from $...

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Warehouse reshuffles exec team
Retail

Warehouse reshuffles exec team

The Warehouse Group has reshuffled its executive team ahead of its leadership transition at the end of the month.On Friday, the retail group appointed Stefan Knight as chief financial officer. Knight will exit his role as financial director at Spark New Zealand and start on Aug 1...

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Auckland Airport irons out confusion over Govt review
Markets

Auckland Airport irons out confusion over Govt review

Shares were up yesterday after the announcement. 

Gregor Thompson 18 Jul 2025