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Auckland Airport’s outlook drags down shares
The Markets

Auckland Airport’s outlook drags down shares

A fourth-quarter travel boom helped Auckland International Airport beat its own profit guidance with a net loss of just $11.6 million in the year ended June – but the market didn’t like the airport's vague and uncertain outlook for the year ahead and the stock dragged New Zealand index down by the end of the day.

BusinessDesk
Thu, Aug 18th 2022 05:53PM

Fletcher Building pulls market higher

Fletcher Building pulls market higher

3 min read
Mercury shares fall 3% after release of full year result

Mercury shares fall 3% after release of full year result

4 min read
Contact Energy kicks off earnings season

Contact Energy kicks off earnings season

3 min read
NZ dollar rise pinches big exporters

NZ dollar rise pinches big exporters

2 min read
NZ shares rise slightly on Wall Street optimism

NZ shares rise slightly on Wall Street optimism

4 min read
A2 shares plunge over FDA formula deferral

A2 shares plunge over FDA formula deferral

4 min read
NZ shares rise on another quiet day

NZ shares rise on another quiet day

4 min read
Countdown to earnings season puts NZ shares in limbo

Countdown to earnings season puts NZ shares in limbo

3 min read
NZ market looks to be in better heart

NZ market looks to be in better heart

4 min read
Investors cheered by Briscoe's optimism for rest of the year

Investors cheered by Briscoe's optimism for rest of the year

4 min read
Higher unemployment spurs interest in NZX50

Higher unemployment spurs interest in NZX50

5 min read
Speculative A2 Milk spike drags NZX50 higher

Speculative A2 Milk spike drags NZX50 higher

5 min read
Pacific Edge shares plunge on risk of revenue loss

Pacific Edge shares plunge on risk of revenue loss

4 min read
Mainfreight shares rally for second day on US update

Mainfreight shares rally for second day on US update

4 min read
Mainfreight’s shares jump

Mainfreight’s shares jump

4 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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