Fisher and Paykel Healthcare drives NZ stocks to weaker finish – Market close
Fletcher Building rose as it prepaid all remaining US private placement debt. Source: NZ Herald Business News
Open letter warns LNG import terminal would lock in higher power prices
The open letter warns an LNG terminal could cost taxpayers hundreds of millions. Source: NZ Herald Business News
NZ stocks end firmly as outlook brightens – Market close
Improved sentiment after the results season drove NZ stocks higher. Source: NZ Herald Business News
A2 Milk’s Pōkeno plant marks shift from marketer to manufacturer – Stock Takes
Dual-listed a2 Milk is becoming an infant formula manufacturer in its own right. Source: NZ Herald Business News
Northland outage: Class action law suit launched against Transpower over felled pylon
About 180,000 people lost power for days after a tower collapse near Glorit. Source: NZ Herald Business News
Nvidia slump drags Wall Street and NZ sharemarket lower – Market close
Infratil slid 40c to $11.55 as AI-linked data centre stocks lost steam. Source: NZ Herald Business News
A profit lift for Fisher & Paykel Healthcare? Nvidia staves off AI bubble worries – Stock Takes
F&P Healthcare has forecast revenue of $1.075b and net profit of $200m for the half. Source: NZ Herald Business News
Butter prices slump 26% on global market but supermarket costs stay high
A 500g pack of butter peaked at $8.60 in June and now sits near $8.50. Source: NZ Herald Business News
Kiwi dollar slumps to 12-year low against Aussie ahead of Christmas travel
The New Zealand dollar has slumped to about A87c, near a 12-year low. Source: NZ Herald Business News
New Zealand beef exporters welcome Donald Trump’s sudden tariff reversal
New Zealand exporters have paid about $300m in extra tariffs since August. Source: NZ Herald Business News