Page 3 - Mark Malpass News Today

As alarming as it sounded, BNZ head of research Stephen Toplis said Kiwis forgot they had had virtually no inflation for a long time – a fact that seemed hard to believe when rent and house prices were soaring. Businesses were juggling a number of price pressures, he said, and they were not just related to supply shortages and soaring freight costs. Bejon Haswell/Stuff Timaru businessman Andrew Milliken, of Milliken’s Furniture and Beds, is among retailers who say they can no longer absor...

Retail investors select their hot stocks for 2021 22 Jan, 2021 04:00 PM 8 minutes to read Can Mainfreight carry its strong 2020 into 2021? Photo / Supplied NZ Herald By: Oliver Mander The Herald has asked the likes of Jarden, Craigs and Forsyth Barr for their top five NZX prospects for the year ahead. But how do retail equity investors see 2021s top performers? Oliver Mander collates picks from his fellow retail equity investors in the Sharetrader internet chat forum - individ...

Steel & Tube Holdings Limited (NZX: STU) Trading Update and Half Year Forecast Thursday 17th December 2020 Steel & Tube Holdings Limited has provided an update on its performance to end-November 2020, reporting trading above that expected since coming out of the March COVID-19 level 4 lockdown. The positive performance reflects growing market demand driven in part by the busy residential and infrastructure sectors, which have provided some balance to a softening non-reside...

Photo: 123RF The steel manufacturers underlying profit, excluding tax adjustments, for the six months ending 31 December was expected to be in a range of between $6.5 - $7.5 million, compared with the year earliers $5.7m. "Covid-19 has made for a difficult year, however, we are pleased with our progress in the year to date," chief executive Mark Malpass said. "We have seen positive signs of economic activity with a number of new projects and longer-term contracts secured," he said, adding the c...