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Jarden Brief: Why Discovery stock dropped 5.7 per cent 17 May, 2021 08:38 PM 7 minutes to read AT&T announced it will be merging WarnerMedia with Discovery in a US$43 billion deal. Photo / Getty Images AT&T announced it will be merging WarnerMedia with Discovery in a US$43 billion deal. Photo / Getty Images NZ Herald New Zealand The S&P/NZX 50 traded up following a poor performance last week, with the index recovering 0.3 per cent to 12,411 points. Leading the index performance were healthcare and technology stocks, making gains of 1.0 and 0.8 per cent, respectively. Film software developer Vista Group Ltd led the way with a strong performance, up 5.7 per cent at yesterday s close following a sell off earlier in the month. Similarly, Restaurant Brands NZ Ltd jumped 5.1 per cent to $13.90 – a touch below its record highs. ....
Jarden Brief: Cult streetwear firm to make Kiwi debut at Sylvia Park 13 May, 2021 08:30 PM 7 minutes to read Culture Kings is set for its New Zealand debut. Photo / Culture Kings NZ Herald Coming up today: New Zealand: New Zealand equities were in the red yesterday with the S&P/NZX 50 closing to 12,428.1 points, down 1.1 per cent. Sector gains were slim, with Consumer Cyclicals and Healthcare each leading the way, up 0.4 and 0.1 per cent respectively. Read More These sector gains were well supported by the single stock winner NZX Ltd, as the company representing New Zealand s largest exchange traded up 1.5 per cent. Furthermore, building and supply company Fletcher Building Ltd also advanced a handsome 1.1 per cent. ....