News in Brief
News in Brief
Markets
New low for Allbirds shares
This follows the footwear company reporting red ink and forecasting future challenges.
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...
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