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Australia's Macquarie Group cuts dividend outlook, 'deeply' regrets Nuix IPO fallout


Australia’s Macquarie Group cuts dividend outlook, ‘deeply’ regrets Nuix IPO fallout
FILE PHOTO: The logo of Australia s biggest investment bank Macquarie Group Ltd adorns a door to their Sydney office headquarters in Australia, October 28, 2016. REUTERS/David Gray
July 29, 2021
By Paulina Duran
SYDNEY (Reuters) -Australia’s Macquarie Group said on Thursday first-quarter profit for fiscal 2022 was up significantly from the pandemic-hit period a year earlier, but warned of lower dividends to come as it diverts cash to grow its business.
Chief Executive Shemara Wikramanayake also said during a virtual annual meeting that she regretted the impact on investors from the troubled 2020 IPO by Nuix Ltd, in which Macquarie had a 70% stake at the time. The software vendor has lost over half its value since then. ....

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Airbus jet deliveries rose 52% to 297 airplanes in first half of 2021


PARIS (Reuters) - Airbus delivered 297 airplanes in the first half of the year after a surge of handover activity in June, the European planemaker said on Thursday.
Deliveries, which have been recovering from a pandemic-related slump, rose 52% in the first six months from 196 at the mid-way point of 2020, and compare with a total of 389 in the first half of 2019 before the health crisis crippled air travel.
The world s largest planemaker ahead of U.S. rival Boeing also said it had won 165 gross orders in the first half, dropping to a net total of 38 orders after cancellations.
Thursday s monthly update confirmed a strong pickup in June after Reuters reported earlier this week that Airbus had delivered more than 70 airplanes that month to leave first-half deliveries in touching distance of the 300 mark. ....

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