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    • Rakon Shares

Rakon Shares Newsletter
  • Fisher & Paykel Healthcare shares plunge on Trump tariff news – Market close 03 Feb 2025 05:59 GMT

    The company said it doesn’t expect a material impact from the new tariffs on its net profit in the 2025 financial year but costs would likely increase the following year. Fisher and Paykel is still expecting to reach its gross margin target of 65% through …

  • NZ shares escape Wall St plunge blowback - Market close 28 Jan 2025 05:54 GMT

    The Nasdaq Composite plunged 3.07% to 19,341.83 points and S&P 500 was down 1.46% to 6012.28. However, the Dow Jones Industrial Average gained 0.65% to 44,713.58 points. Chipmaker Nvidia slumped to its biggest one-day loss after falling 16.86% to US$ …

  • Santa rally: NZ shares surge in festive sprint 24 Dec 2024 02:28 GMT

    “There’s lots of out-of-office messages on email, and despite the low liquidity and lack of company news the market put in a good performance.” Robertshawe said there was more life in the property stocks after a couple of bad months. “Maybe the sector is …

  • NZ shares end week on positive note - Market close 13 Dec 2024 10:00 GMT

    … strengthening in global commodities prices. Rakon, down 3c or 4.84% … bookbuild of 3.8 million shares at a premium of $1 …

  • Rakon culls 22% of staff, moves ‘high-priority’ production from NZ to India 27 Nov 2024 01:02 GMT

    … said the cuts applied to Rakon’s global workforce. He would … of key product lines to Rakon’s manufacturing centre of excellence … lower than a year ago. Shares were down 4.4% to … a conference call with analysts, Rakon’s Auckland-based chief executive …

  • Large chunk of KMD Brands shares sold - Market close 10 Oct 2024 06:10 GMT

    … a large block of its shares which, it’s understood, was … .08%, buying 10.83 million shares for $4.95m between mid … 4.31% to $2.66; Rakon improving 2c or 2.9% … .2b institutional placement of new shares. Air New Zealand slipped 1c …

  • NZ shares end week with big fall - Market close 20 Sep 2024 09:13 GMT

    … .145, issued nearly 180m new shares in its $1.2 billion … 3.06% to $2.36; Rakon improved 2c or 2.94% … $150,000 after placing new shares with key shareholders as part …

  • NZ shares gain as Scales bounces back from Cyclone Gabrielle - Market close 28 Aug 2024 07:24 GMT

    … decline. Outside the benchmark index, Rakon climbed 6.7% to 80c … ambitions in IT services. The shares dropped 4.8% to $3 …

  • NZ shares sink as dour earnings highlight soggy economy - Market close 27 Aug 2024 06:59 GMT

    … a volume of 3 million shares, its lowest close since the … increased 1% to $5.05. Rakon, which holds its annual meeting … .64 with 6.9 million shares changing hands. Air NZ was … .58, with 1.1 million shares changing hands. Ryman Healthcare slipped …

  • Comvita shares slump after $16.8 million loss - Market close 29 Jul 2024 06:42 GMT

    Comvita had earlier revised its guidance downwards in May, February and at the end of November last year. The board has engaged an independent expert to provide impairment advice about a possible material gap between the company’s net total assets ( …

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