Page 12 - Markets Division News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Press Release – BNZ Bank of New Zealand (BNZ) has announced Paul Conway as its new Chief Economist. BNZ Chief Financial Officer, Peter MacGillivray, says, Paul breaks the mould of the traditional bank economist who typically focus on house prices, interest rates, … Bank of New Zealand (BNZ) has announced Paul Conway as its new Chief Economist. BNZ Chief Financial Officer, Peter MacGillivray, says, “Paul breaks the mould of the traditional bank economist who typically focus on house prices, interest rates, and the state of the business cycle. “While these issues are important, Paul’...

Fourth-Quarter Highlights: - Both GAAP and adjusted EPS of $2.38 - Operating cash flow of $2.5 billion; adjusted free cash flow of $2.1 billion, up 16 percent Full-Year Highlights: - GAAP EPS of $9.25; adjusted EPS of $8.74 - Operating cash flow of $8.1 billion; adjusted free cash flow of $6.7 billion, up 18 percent - Reduced both total debt by $1.5 billion, or 7 percent, and net debt by $4.1 billion, or 23 percent - Returned $3.8 billion to shareholders via dividends and gross share repurchases 2021 Guidance: - Sales growth in the range of 5 to 8 percent, organic local-currency growth of 3 t...