Fonterra's Resilience Amidst Global Retreat

Fonterra (ASX:FSF), the huge New Zealand-based dairy giant, might be on the retreat globally with a string of asset sales, but as far as the immediate outlook is concerned, it's quite upbeat.Wednesday

sharecafeMay 29 02:03 ET

AU Morning Wrap: ASX Drops to Three-Week Lows Ahead of CPI; IAG, Fortescue Slip

ASX drops to three-week lows ahead of CPI; IAG, Fortescue slip. Stocks to watch: IAG, Fonterra, Fisher & Paykel.

Moomoo News AUMay 28 20:35 ET

Fonterra Shareholders' Fund Q3 EPS Slips to NZ$0.58 From NZ$0.81 in Prior Year

Fonterra Shareholders' Fund (NZE:FSF) reported third-quarter group earnings per share fell to NZ$0.58 compared with NZ$0.81 in the same period a year earlier, according to a Wednesday New Zealand bour

MT NewswiresMay 28 18:22 ET

Macquarie Upgrades Fonterra to Outperform From Neutral, Price Target Is NZ$4.01

07:10 PM EDT, 05/16/2024 (MT Newswires) -- Macquarie Upgrades Fonterra to Outperform From Neutral, Price Target is NZ$4.01 Price (AUD): $3.67, Change: $+0.01, Percent Change: +0.27%

MT NewswiresMay 16 19:10 ET

Fonterra Plans to Exit Australia

Fonterra (ASX:FSF), the large Kiwi dairy group, wants to exit Australia.The company owns household brands such as Western Star butter, Perfect Italiano, and Mainland cheese, and has eight Australian m

sharecafeMay 16 02:23 ET

New Zealand Shares Rebound on Easing US Inflation; Scales to Acquire Orchard Assets

New Zealand shares rebounded on Thursday's close following the release of the US consumer price index data for April which showed that inflation is back on the downward trend. The S&P/NZX 50 Index jum

MT NewswiresMay 16 01:51 ET