News in Brief
News in Brief
Markets
GEO issues higher earnings guidance as trading resumes
Following a two-day trading halt, software as a service provider GEO has issued stronger earnings guidance and said achieving breakeven could come in early 2024.Its board also said initial interest received has justified launching a formal process to assess buyer interest in the...
Law & Regulation
Nic Watt’s Inca Newmarket owes creditors $1.1m
Nic Watt’s much-praised rooftop Newmarket restaurant owes creditors $1.1 million, including $815,000 to unsecured creditors and $200,000 to the Inland Revenue Department, who stand little chance of recovery.Chris McCullagh and Stephen Lawrence of PKF Corporate Recovery today issu...
Markets
Chorus lays out $1.5b proposal for next regulatory period
Investment includes $327m to reach new rural premises and improve resilience.
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