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By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
Comvita (NZX:CVT) today announced that for the six-month period ending 31 December 2020, it returned to profitability with net profit after tax (NPAT) reported as $3.5M versus a $12.97M loss in the prior corresponding period (PCP).
Air New Zealand has today announced a loss before other significant items and taxation of $185 million [1] for the six-month period ended 31 December 2020, reflecting the considerable impact of the Covid-19 pandemic on the airline and global aviation industry.
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
TransferWise, the global technology company building the best way to move money around the world, has today announced it has changed its name to Wise.
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
Data released in China yesterday could add to investor concerns evidenced by a sell down of stocks on Friday night. Bond markets also came under pressure. Currency markets remained calm, but gold edged higher and crude oil slid in signs of deteriorating growth sentiment.
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
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