The cancer diagnostics company has gone into a trading halt following an adverse decision on reimbursement of its US bladder tests.
But CEO Antonia Watson warns the number of customers falling behind on their mortgage repayments is rising.
Dual-listed tourism and recreational vehicle company punished after a ‘dramatic’ change to its earnings forecast.
Group net profit up 20% to $562m, with decline in bank’s net interest margin and customer deposits.
The board has rejected a revised offer for its Australian Glass Group.
The country's largest tourism and recreational vehicle company has slashed its net profit after tax guidance as bookings slow and it struggles to sell ex-fleet vehicles.
Telco is seeing ‘significantly reduced demand in IT service management and professional services’.
Group cites weakening commodities, global markets and asset management businesses.
Foote ‘demonstrated courage in standing up for her convictions and reflecting those to stakeholders,’ NZSA says.
Despite management turmoil and earnings downgrades, Morningstar believes that the automotive aftermarket supplier holds a dominant position in the market that shouldn't be ignored.