TWR Tower Ltd
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Tower Ltd News
New Zealand Shares Fall as Filled Jobs Settle; Tower Swings to Net Profit in Fiscal H1
New Zealand shares fell on Tuesday's close following a report that showed the country's filled jobs rose at a slower rate in April. The S&P/NZX 50 Index fell 0.63% or 73.49 points to close at 11,682.5
Tower Swings to Profit in Fiscal H1, Declares Dividend
Tower (NZE:TWR, ASX:TWR) swung to a profit in the first half of fiscal 2024 as the company saw improvements in claims performance and implemented operational efficiencies, according to a Tuesday filin
Tower Ltd: Strong Half Year Result With Ongoing Operating Improvements
New Zealand Shares Drop on Consumer Pessimism; Ebos Group Falls 3% After Appointing New CFO
New Zealand shares capped off the week with losses on Friday following a report showing consumers becoming more pessimistic in April. The S&P/NZX 50 Index fell 1.18% or 141.34 points to close at 11,80
AM Best Affirms Tower's Financial Strength Rating as A- (Excellent)
AM Best affirmed Tower's (NZE:TWR, ASX:TWR) Financial Strength Rating as A- (Excellent), as well as the company's Long-Term Issuer Credit Rating as a- (Excellent), both with a stable outlook, accordin
New Zealand Shares Rebound on Easing Inflation; Tower Ltd. Rises 8% on Improved FY2024 Guidance
New Zealand shares rebounded on Wednesday after consumer price index (CPI) data for the March quarter came in lower than analysts' expectations. The S&P/ NZX 50 Index rose 0.6% or 70.51 points to clos
Tower Upwardly Revises Underlying Net Profit Guidance for Fiscal 2024
Tower Limited (ASX:TWR, NZE:TWR) expects underlying net profit after tax to exceed NZ$35 million for fiscal 2024 ending Sept. 30, according to a New Zealand bourse filing on Wednesday. This is an upwa
New Zealand Shares Extend Decline on US Inflation Woes; Fletcher Building Swings to Net Loss in Fiscal H1
New Zealand shares continued its decline on Wednesday, tracking its US counterparts, as higher than anticipated US inflation data may lead to delays to potential rate cuts. The S&P/NZX 50 slumped 0.67
Tower Expects Underlying Net Profit to Be at Upper End/Exceed Fiscal Year 2024 Guidance; Shares Jump 8%
Tower (NZE:TWR, ASX:TWR) expects its underlying net profit to either reach or exceed the upper end of its AU$22 million to AU$27 million guidance for the fiscal year ending Sept. 30. The insurance fir
Tower Ltd.: Underlying Net Profit After Tax For Year to Sept. 20, 2024 Expected at Upper End or to Exceed Range of NZ$22M to NZ$27M
Tower Ltd.: Underlying Net Profit After Tax For Year to Sept. 20, 2024 Expected at Upper End or to Exceed Range of NZ$22M to NZ$27M
Tower Signs Deal to Sell Vanuatu Subsidiary
Tower (NZE:TWR) signed a deal with Papua New Guinea-based private firm Capital Insurance Group for the proposed sale of its insurance business in Vanuatu. The sale proceeds are expected at approximate
Johns Lyng Joins Forces With Tower in New Zealand With Building Repair Deal
Johns Lyng Group (ASX:JLG) joined forces with insurance firm Tower (NZE:TWR, ASX:TWR) to provide building repair services in New Zealand through a recently signed deal, according to a Tuesday filing.
Tower Undertaking Strategic Review of Ownership Structure; Shares Slide 3%
Tower (ASX:TWR, NZE:TWR) said it is undertaking a strategic review of its ownership structure to strengthen market competitiveness. The general insurance provider appointed Goldman Sachs New Zealand a
Tower Exits Commercial Rural Business
Tower (ASX:TWR, NZE:TWR) will no longer offer insurance for commercial farms as it focuses on its leading direct personal and small business lines insurance business. Effective Feb, 1, 2024, the insur
Tower Ltd. Names Mikle Cutter to Bd.
Tower Ltd. Names Mikle Cutter to Bd.
Tower to Sell Solomon Islands Business to Trans Pacific Assurance for NZ$3.3 Million
General insurance provider Tower (ASX:TWR) plans to sell its Solomon Islands business to Trans Pacific Assurance for a sale price of 17 million Solomon Islands dollars, or NZ$3.3 million, according to a Monday release.
Trans-Tasman Tidings: TWR, FSF
Some news wafted across the Tasman on Thursday from a couple of our Kiwi siblings, insurance group Tower and dairy major Fonterra. ............ NZ insurer Tower (ASX: TWR) has dropped its interim divi
Tower Limited (ASX:TWR) Announces Dividend Increase – $0.03 Per Share
Tower Limited (ASX:TWR – Get Rating) declared a final dividend on Friday, January 6th, MarketIndexAU reports. Stockholders of record on Tuesday, January 31st will be paid a dividend of 0.031 per shar
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