Find financial news and analysis across NZ and Australia.
5 results for “dividends”
The A2 Milk Company (A2M.NZ) shares fell 13.03% to NZ$7.7400 following a voluntary recall of infant formula in the US. While the financial impact is expected to be negligible, analysts remain concerned about potential brand damage in the critical China market.
National Australia Bank has reported a 19.3% fall in statutory net profit to A$2.75 billion for the first half of 2026. The result was impacted by a A$949 million software capitalisation charge and a A$300 million increase in forward-looking credit provisions.
Rio Tinto (RIO.AX) is trading near 52-week highs at $171.97 following a 13% surge in Q1 iron ore production. Despite strong operational data, mixed analyst sentiment and a bearish MACD signal suggest a period of consolidation may be ahead.
Mainfreight (MFT.NZ) shares rose 3.39% to NZ$61.00 as technical indicators turn bullish ahead of the May 28 FY26 earnings release. Despite margin pressure in the first half, analysts maintain a 'Buy' consensus with a NZ$73.24 price target.
Megaport Ltd (MP1.AX) has demonstrated significant momentum following a major US$25.1 million contract win for its Latitude.sh subsidiary. Technical indicators suggest a potential trend reversal as the share price moves above key short-term moving averages despite remaining below long-term levels.