BusinessDesk

BusinessDesk


MARKET CLOSE: NZX 50 rises to record, led by Sky TV on rugby rights; Spark, Ebos gain ** NZ dollar heads for 0.9% weekly drop as inflation pushes out rate hike timeframe ** NZX says it doesn't know why shares have declined ** Dorchester closes $30 million capital raise, applications exceed offer ** Sky TV to launch $20/month subscription video ondemand service ** Cavalier shares drop 10% after profit warning ** Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand service ** Mark Mountcastle resigns as chief risk officer with Heartland New Zealand ** DNZ revalues portfolio by $10.7 million ** Sealegs turns first-half profit as local market drives sales, Brazil opens new doors ** NZ trade deficit widens in Sept as lower log, dairy prices weigh on exports ** Sky TV signs conditional deal to renew rugby rights; shares gain ** NZ dollar drops to week-low as lower inflation seen weighing on interest rates ** While you were sleeping: 3M, Caterpillar lift mood ** CORRECT: Jade Software chases growth of 30-50% for Master Terminal unit ** Auckland Airport's duty free retailers told to drop the hard sell ** MARKET CLOSE: NZX 50 climbs to new record, Restaurant Brands gains on guidance ** Fonterra starts consultation on two new South Island milk driers ** RESEND: NZ dollar falls as benign inflation data adds to downward pressure on kiwi ** CarbonScape seeks $1.5mln from crowd with 'green coke' offer **

Pattrick Smellie

021 588 203

pattrick@businessdesk.co.nz

Pattrick Smellie

Jonathan Underhill

027 466 0366

jonathan@businessdesk.co.nz

Jonathan Underhill

Paul McBeth

027 714 3344

paul@businessdesk.co.nz

Paul McBeth

Tina Morrison

021 213 2426

tina@businessdesk.co.nz

Tina Morrison