-- Block (ASX:XYZ) appointed Andrea Acosta as chief accounting officer, effective May 26, according to a Tuesday filing with the Australian bourse.
Acosta will succeed Amrita Ahuja, who will remain as the company's chief financial officer and chief operating officer, the filing said.
Acosta previously held the position of chief accounting officer at Pinterest, the filing added.
ANZ Group Holdings (ASX:ANZ, NZE:ANZ) said the High Court of New Zealand on Monday ruled that ANZ Bank New Zealand breached the Credit Contracts and Consumer Finance Act 2003 in class action proceedings served in September 2021, according to Tuesday filings with the Australian and New Zealand bourses.The court held that the representative plaintiffs are entitled to payment of the costs of borrowing for the period of breach, or NZ$32,728.42. The bank is considering how this judgment may apply to other members of the class. It expects the maximum potential liability for costs of borrowing arising from this decision to be around NZ$125 million.The bank is mulling its next steps, including filing an appeal.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $2 to $75, valuing LNT at 21.5x our next-12-month EPS view. We trim our 2026 EPS view by $0.03 to $3.42 and trim 2027 by $0.02 to $3.68. Rate base growth stemmed from investments in generation, energy storage, and transmission assets, along with higher allowance for funds used during construction. LNT signed an additional ~370 MW electric service agreement in Iowa, bringing total contracted data center demand to ~3.4 GW (up from 3 GW previously), with the potential to add another 2-4 GW depending on ongoing negotiations. LNT now has five fully executed data center agreements, with three projects under active construction. In our opinion, the strategic focus on capacity-only electric service agreements, supported by flexible generation (simple cycle natural gas and battery storage), aligns capital deployment with revenue growth while preserving optionality for future energy needs. We think EPS and dividend growth (2025-2028) is attractive at 7.6% and 6.1%, respectively.