Fonterra Shares

Fonterra lowered the amount it expects to pay its farmer shareholders due to lockdowns in China, the economic crisis in Sri Lanka and the Russia-Ukraine conflict.The dairy giant now expects to pay its

Within the broader equity market, an eye-watering 120 stocks fell and only 22 roseTurnover was $141.3 million.Going into the weekend, the Federal Reserve’s 50 basis point hike continues to make

It also slashed its 2022-23 forecast by 80 cents to $8.50.Fonterra is currently expecting to pay its farmer shareholders a record $9.30-$9.90/kg MS, according to its latest forecast However, &quo

Turnover was unusually light at $85.6 million.Stephen Innes, a managing partner at SPI Asset Management, said financial markets were in a “holding pattern” ahead of the “colossa

Chatham Rock Phosphate was also up, having jumped 3.5% to 30 cents.Fonterra Shareholders' Fund units were up 1.4% to $2.84 ahead of the dairy giant’s overnight global dairy trade and electri

Turnover on the main board was $163 million.Key US equities indices were up roughly 2% to 3% overnight after Facebook parent Meta impressed investors with a strong profit result.Greg Main, a wealth ma

Sales were up half a percent in each individual store in NZ – its largest market – while Australian sales were up 1.6%, Hawaii up 2.1%, and California up 0.3%.While stocks were broadly hig

Rubber manufacturer Skellerup fell 2.1% to $5.58.Fletcher Building led the benchmark index lower, falling 4% to $6.05.Air New Zealand didn’t have a great day either, falling 1.7% to 87.5 cents,

The amendment would require the external party to operate at arms-length from Fonterra management and board.More power for the ComComThe government also proposes amendments giving the Commerce Commiss

Within the broader equity market, 38 stocks rose, 99 fell and turnover was $175 million. Pushpay shares climbed as much as 27% after saying third parties were looking to buy the company and that

Fonterra considers this to be a misleading approach to valuing its shares," the company said.The shares ended Tuesday at $2.92 compared with $4.56 on May 5, 2021, the day before Fonterra announce

The dividend is unlikely to track much higher than the current forecasts."And Fonterra's performance to date has been poor in terms of return on investment.Stranded assetsFonterra already has