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17 stories mentioning NZE:ATM

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +11%, NZ$7.29Santana Minerals (NZE:SMI): +6%, NZ$0.67Scott Technology (NZE:SCT): +3%, NZ$2.82Heartland Group Holdings (NZE:HGH): +3%, NZ$1.23Fletcher Building (NZE:FBU): +3%, NZ$3.19EBOS Group (NZE:EBO): +3%, NZ$21.25Ryman Healthcare (NZE:RYM): +3%, NZ$2.33Spark New Zealand (NZE:SPK): +3%, NZ$1.95Mercury NZ (NZE:MCY): +2%, NZ$6.92Sky Network Television (NZE:SKT): +2%, NZ$3.18

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Asia

NZX Midday Sector Update: Consumer Non-Durables Soar, Technology Services Decline

The consumer non-durables sector gained the most on New Zealand's Exchange, rising nearly 4% at midday Friday.a2 Milk (ASX:A2M, NZE:ATM) saw the sharpest increase in the sector, gaining almost 8% in recent trade.Meanwhile, the technology services sector declined nearly 3%.Gentrack Group (ASX:GTK, NZE:GTK) was down nearly 3% in recent trade.

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Asia

NZX Biggest Losers

Here are the NZX-listed companies with the biggest losses on Friday.Winton Land (NZE:WIN): -5%, NZ$1.62Manuka Resources (NZE:MKR): -4%, NZ$0.13a2 Milk Company (NZE:ATM): -4%, NZ$6.44Henderson Far East Income (NZE:HFL): -2%, NZ$6.13Channel Infrastructure NZ (NZE:CHI): -2%, NZ$3.17The Warehouse Group (NZE:WHS): -2%, NZ$0.62Gentrack Group (NZE:GTK): -2%, NZ$3.57Vista Group International (NZE:VGL): -2%, NZ$2.57Infratil (NZE:IFT): -1%, NZ$15.66The Colonial Motor Company (NZE:CMO): -1%, NZ$6.90

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Asia

NZX Midday Sector Update: Non-Energy Minerals Soar, Consumer Non-Durables Decline

Non-energy minerals stocks gained the most on New Zealand's Exchange, rising 2% at midday Friday.Santana Minerals (NZE:SMI, ASX:SMI) saw the sharpest increase in the sector, gaining more than 10% in recent trade.Meanwhile, the consumer non-durables sector declined by more than 1%.a2 Milk Company (NZE:ATM, ASX:A2M) was down nearly 3% in recent trade.

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +3%, NZ$7.08Summerset Group Holdings (NZE:SUM): +2%, NZ$7.48Delegat Group (NZE:DGL): +2%, NZ$3.80EBOS Group (NZE:EBO): +2%, NZ$20.67PGG Wrightson (NZE:PGW): +1%, NZ$2.15Genesis Energy (NZE:GNE): +1%, NZ$2.44Sky Network Television (NZE:SKT): +1%, NZ$3.12Auckland International Airport (NZE:AIA): +1%, NZ$8.08Mainfreight (NZE:MFT): +1%, NZ$56.05Scott Technology (NZE:SCT): +0%, NZ$2.34

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Asia

NZX Midday Sector Update: Distribution Services Rise, Consumer Non-Durables Fall

Distribution services shares rose the most on New Zealand's Exchange, gaining past 1% on Monday.Shares of Steel & Tube Holdings (NZE:STU) rose almost 3% in recent trade.Meanwhile, the consumer non-durables sector declined by more than 2%.a2 Milk Company (NZE:ATM, ASX:A2M) was down past 5% in recent trade.

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Asia

a2 Milk Co. Says JPMorgan Chase Becomes Substantial Holder

a2 Milk Co. (ASX:A2M, NZE:ATM) received notice that JPMorgan Chase and its affiliates became a substantial holder of the company on May 7, according to a Tuesday filing with the New Zealand bourse.JPMorgan Chase now owns 37.3 million shares in the company, representing 5.14% of the issued shares, the filing said.The company's shares in the Australian and New Zealand bourses fell around 3% and 5%, respectively, in trading on Monday.

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Asia

New Zealand Shares Rise; a2 Milk Co. Recalls US Infant Formula Batches After Toxin Detection

New Zealand shares ended higher on Monday as most Asian indexes saw gains amid hopes of an easing US-Iran war.The S&P/NZX 50 Index rose 0.45% or 58.48 points to close at 13,097.68.US President Donald Trump on Sunday said that the US would begin efforts Monday morning to help free ships stranded in the Strait of Hormuz, describing the move as a humanitarian step to assist neutral countries amid the US-Israeli war with Iran, according to a Sunday Reuters report.In corporate news, a2 Milk Co. (ASX:A2M, NZE:ATM) started a voluntary recall on May 1 of three batches of its a2 Platinum USA infant milk formula, following the detection of cereulide in product manufactured by Synlait Milk (ASX:SM1, NZE:SML).Air New Zealand (ASX:AIZ, NZE:AIR) group capacity rose 4.1% year on year in March, and long-haul available seat kilometers (ASKs) rose 2.5%, while domestic ASKs increased by 3.4%.

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Asia

Update: a2 Milk Co. Recalls US Infant Formula Batches After Toxin Detection; Shares Hit 52-Week Low

(Updates to add stock movement in the headline and last paragraph)a2 Milk Co. (ASX:A2M, NZE:ATM) started a voluntary recall on May 1 of three batches of its a2 Platinum USA infant milk formula, following the detection of cereulide in product manufactured by Synlait Milk (ASX:SM1, NZE:SML), according to separate Monday filings with the Australian and New Zealand bourses.The product was sold only in the US via online platforms and select retailers and had already been discontinued before the recall, while all a2 Platinum products sold outside the US remain unaffected, per the filing.No illnesses have been reported, and any symptoms are typically mild and short-lived, a2 Milk said, adding that it is working with the US Food and Drug Administration and has provided guidance to US consumers who may have purchased the product.The recall reflects updated guidance from New Zealand authorities on managing cereulide risks, a2 Milk said.The companies said they do not expect the recall to impact their financial results.a2 Milk's shares plunged around 14% in Monday trading on the Australian and New Zealand exchanges, earlier hitting their lowest level since January 2025, while Synlait Milk's shares fell around 1% on both markets.

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Asia

NZX Midday Sector Update: Industrial Services Stocks Rise, Consumer Non-Durables Decline

Industrial services gained the most among New Zealand sectors on Monday, advancing almost 2%.Ventia Services Group (NZE:VNT, ASX:VNT) gained nearly 2% in recent trade.Meanwhile, the consumer non-durables sector declined by almost 7%.a2 Milk Company (NZE:ATM, ASX:A2M) was down past 14% in recent trade.The company on Monday said it started a voluntary recall on May 1 of three batches of its a2 Platinum USA infant milk formula, following the detection of cereulide in product manufactured by Synlait Milk (NZE:SML, ASX:SM1).

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Asia

a2 Milk Co. Recalls US Infant Formula Batches After Toxin Detection

a2 Milk Co. (ASX:A2M, NZE:ATM) started a voluntary recall on May 1 of three batches of its a2 Platinum USA infant milk formula, following the detection of cereulide in product manufactured by Synlait Milk (ASX:SM1, NZE:SML), according to separate Monday filings with the Australian and New Zealand bourses.The product was sold only in the US via online platforms and select retailers and had already been discontinued before the recall, while all a2 Platinum products sold outside the US remain unaffected, per the filing.No illnesses have been reported, and any symptoms are typically mild and short-lived, a2 Milk said, adding that it is working with the US Food and Drug Administration and has provided guidance to US consumers who may have purchased the product.The recall reflects updated guidance from New Zealand authorities on managing cereulide risks, a2 Milk said.The companies said they do not expect the recall to impact their financial results.

ASX:A2MASX:SM1NZE:ATMNZE:SML
Asia

a2 Milk Co. Says JPMorgan Chase Ceases to be a Substantial Shareholder

a2 Milk Co. (ASX:A2M, NZE:ATM) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from Monday, according to a Thursday filing with the New Zealand bourse.JPMorgan Chase now owns 33.3 million shares in the company, representing 4.59% of the issued shares, the filing said.

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Asia

a2 Milk Co. Says JPMorgan Chase Becomes Substantial Holder

a2 Milk Co. (ASX:A2M, NZE:ATM) received notice that JPMorgan Chase and its affiliates became a substantial holder of the company on April 17, according to a Wednesday filing with the Australian and New Zealand bourses.JPMorgan Chase now owns about 37 million shares in the company, representing 5.1% of the issued shares, the filing said.

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.Skellerup Holdings (NZE:SKL): +2.5%, NZ$5.80Auckland International Airport (NZE:AIA): +0.5%, NZ$8.22A2 Milk Co. (NZE:ATM) +0.1%, NZ$9.24

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Asia

New Zealand Shares Fall Amid Failed US-Iran Peace Talks; Fonterra Co-operative Group Implements Over NZ$3 Billion Capital Return

New Zealand shares closed lower on Monday as all Asian markets saw losses after peace talks between the US and Iran failed during the weekend.The S&P/NZX 50 Index fell 1.22% or 161.26 points to close at 13,020.18.US President Donald Trump warned on social media that the US Navy would immediately begin blockading all ships attempting to enter or leave the Strait of Hormuz after a failed talk with Iran.The US military said it will begin a ​blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday."The market is now largely back to conditions before the ceasefire, except ​now the US will block the remaining up to (2 million barrels) Iranian-linked flows through the Strait of Hormuz as well," said MST Marquee analyst Saul Kavonic, as quoted by Reuters."The key remaining question is if the US renews strikes on Iran, raising the risk of strikes on energy infrastructure across the region, which could have a further ​lasting impact beyond the duration of the war," Kavonic added.In domestic news, the Reserve Bank of New Zealand (RBNZ) is now expected to consecutively increase the official cash rate three times by 25 basis points in July, September, and October, taking the policy rate to 3%, according to a report by ANZ.Also, New Zealand's fuel spending jumped a massive 15% month-on-month in March as prices surged, siphoning a large amount of cash from households' wallets and weighing on spending in other areas, said Westpac.Further, New Zealand's services sector shrank in March, posting its third consecutive monthly decline as the conflict in the Middle East impacted consumer confidence, with discretionary spending hit particularly hard, BusinessNZ said.In corporate news, Fonterra Co-operative Group's (NZE:FCG) roughly NZ$3.2 billion capital return to shareholders was implemented on April 10.Synlait Milk (NZE:SML, ASX:SM1) said it implemented enhanced testing earlier this year for all infant formula products, which resulted in extended release times and also had an impact on working capital requirements.

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Asia

Synlait Milk Says Enhanced Formula Products Testing Caused Extended Release Times; Production Back to Target Levels

Synlait Milk (NZE:SML, ASX:SM1) said it implemented enhanced testing earlier this year for all infant formula products, which resulted in extended release times and also had an impact on working capital requirements, according to a Monday filing with the New Zealand bourse.The company issued the statement in response to a same-day disclosure from the a2 Milk Company (NZE:ATM, ASX:A2M), which said there is a backlog of unfilled purchase orders at the Synlait plants that produce infant milk formula.Synlait said it has worked through the associated supply chain impacts with the support of the a2 Milk Company, adding that "production has recently returned to targeted levels."Synlait said it has also been impacted by the supply chain issues noted in the a2 Milk Company's filing, including product release and clearance times, a shifting regulatory landscape, and a challenging geopolitical and trading environment.

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Asia

a2 Milk Co. Cuts Guidance on China Supply Issues; Shares Fall 13%

a2 Milk Co. (NZE:ATM, ASX:A2M) said its infant milk formula business in China is experiencing "temporary in-market product availability issues" that will likely impact the company's performance in fiscal 2026, resulting in a cut to guidance, according to a Monday filing with the New Zealand and Australian bourses.The issues primarily relate to shortfalls of China-label infant milk formula product at distributors and retailers for several reasons, including high demand for the company's imported products amid product recalls by international competitors, per the filing.At the same time, the Middle East conflict has had a direct impact on the availability and cost of air freight for product shipments to China, and inventory levels have been low through the fiscal year to date as a result of previous manufacturing challenges at Synlait's (NZE:SML, ASX:SM1) plant, where there remains "a significant backlog" of unfilled purchase orders, the company said.Additionally, new standards for related to enhanced cereulide testing are extending quality assurance release times, while higher inspection and sampling rates for the industry are extending clearance release times, per the filing.a2 Milk said these factors will have a material impact on China-label infant milk formula availability in the fiscal fourth quarter, mainly in April and May. The company now expects fiscal 2026 revenue growth in the low to mid double-digit range, compared with mid double-digits previously. Its earnings before interest, taxes, depreciation, and amortization percent margin is expected to be about 14% to roughly 15%, compared with 16% previously.The company also expects lower interest income for fiscal 2026 due to lower market rates and net transaction cash outflows.Its Kiwi shares were down 13% in recent Monday trading.

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