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Markets News

Spark share collapse leads NZ sharemarket down
Markets Market Close

Spark share collapse leads NZ sharemarket down

The S&P/NZX 50 Index closed down 0.99% or 127.78 points.

Tom Raynel 21 Feb 2025
Markets

Spark valuation plummets $1 billion as profit crashes

Spark has reported a 78% fall in net profit to $35 million in the first half of its 2025 financial year and reduced its full-year operating earnings guidance. However, it has maintained its revised full-year dividend guidance.Shares – already down 42% over the past year after two...

Staff reporters 21 Feb 2025
Spark valuation plummets $1 billion as profit crashes
Markets

Genesis weathers a tough winter

Genesis took a $59m gas hit, but still made $70m profit.

Ian Llewellyn 21 Feb 2025
Genesis weathers a tough winter
Markets BusinessDesk Explains

The good, the bad, and the ugly of share buybacks

Spark did one, Fletcher did too and now Air NZ is. What are share buy-backs?

The good, the bad, and the ugly of share buybacks
Markets Market Close

NZ sharemarket down 1.2% as earnings season hits full swing

The S&P/NZX 50 Index closed at 12.880.36, down 153.00 points or 1.17%.

Gregor Thompson 20 Feb 2025
NZ sharemarket down 1.2% as earnings season hits full swing