Subscribe today - find out more
Why you should consider BusinessDesk

Morningstar picks Spark as omicron refuge

Dan Brunskill
Thu, 02 Dec 2021

Morningstar picks Spark as omicron refuge
The equity research firm thinks the safe and stable telecommunications firm faces limited threat from its private-equity owned rivals. (Photo: supplied)
Dan Brunskill
Thu, 02 Dec 2021
Telecommunications firm Spark New Zealand could be the first port of call for investors looking for safe-haven assets should the omicron variant cause trouble, says Morningstar.Equity analyst Brian Han said Spark’s earnings resilience and dependable dividend could be in demand if another covid wave upsets the reopening of the economy.“Investor frenzy for high beta, covid-19 recovery plays are at risk of dissipating, in light of the ominous-sounding omicron variant,” he said in a note.US share markets fell in the final hour of...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Markets market close
NZ shares routed as ANZ forecasts OCR to hit 3%
Dan Brunskill | Wed, 19 Jan 2022

Just seven of the top 50 stocks gained today as traders and economists predict central banks will have to make radical moves to slay the "inflation dragon". 

How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.