A late bid for Tilt Renewables by CDPQ? Aussie media speculates
16 Apr, 2021 05:05 AM
2 minutes to read
Tilt Renewables has been in an NZX trading halt. Photo / Supplied
NZ Herald
Takeover target Tilt Renewables has remained in a trading halt pending the release of what could be a superior offer for the company, with Australian media speculating that Canadian pension fund CDPQ may have lodged a late bid.
Tilt went into a trading halt this week pending the release of an announcement about what could be superior scheme of arrangement for shareholders as compared to the original scheme outlined March 15.
Read More
NZX extends trading hours for S&P Global Index change
15 Apr, 2021 11:30 PM
2 minutes to read
The NZX ticker on the building downtown Supplied 19 OCT 2015 HBG 08Dec15 - COMPETITIVE: Lower than hoped customer numbers aren t helping, but Contact s cash flows are still good, an adviser says.
The NZX ticker on the building downtown Supplied 19 OCT 2015 HBG 08Dec15 - COMPETITIVE: Lower than hoped customer numbers aren t helping, but Contact s cash flows are still good, an adviser says.
The NZX is extending its trading hours by 45 minutes today to accommodate changes arising from the rebalancing of the S&P Global Clean Energy Index.
NZME remains upbeat, sees continued profit growth despite challenges
16 Apr, 2021 05:20 AM
4 minutes to read
Aside from the Herald, NZME also owns the OneRoof property website and a suite of entertainment radio stations including Newstalk ZB, ZM, The Hits and Hauraki. Photo / File
Aside from the Herald, NZME also owns the OneRoof property website and a suite of entertainment radio stations including Newstalk ZB, ZM, The Hits and Hauraki. Photo / File
NZ Herald
NZ Herald owner NZME says it continues to expect profit growth this year despite continuing challenging market conditions and a slower start to trading in the first quarter of 2021.
Trading Gold
Chart courtesy of TrendSpider.com
Above is a weekly chart of the GLD ETF, which is most widely available to traders and investors.
Gold gave investors a standard three-wave decline down to the 21-month moving average, where it firmed up and found support.
Bouncing off that level now, the GLD ETF went monthly-up when it cleared back over that $164.50 area and accelerated back over the 10-week moving average.
From here, it’s now contending with the 10-month moving average, but I’m mostly interested in whether it can actually hold up from this point.
With momentum in all other seemingly inflation-sensitive assets, the hope here is that gold can continue to find buyers. Specifically, I would love for it to hold up over the 10-week moving average and $164.40.