The Commerce Commission was not satisfied that “specials really are special”, leading to legal action against the supermarket and its rival Pak’nSave.
The career banker took the top job in 2016, unwinding a failed regional expansion and wowing shareholders. Those shareholders are a bit less wowed now.
The dynamics of equity markets are changing. The focus is shifting from the dominance of a few major tech companies to much broader market participation.
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Chris Stott’s small-caps funds management house 1851 has made its first hire in more than three years.
The group, backed by billionaire Len Blavatnik, is understood to be working with BofA’s telecommunications and media team.