BusinessDesk

BusinessDesk


MARKET CLOSE: NZ shares gain, led by Xero ** Puhoi - Warkworth "holiday highway" gets the big tick ** NZ dollar heads for 1.4% weekly drop after RBNZ's Wheeler jawbones kiwi ** Carbon tax axe will boost Australian renewables, says Trustpower ** Kiwibank exits Goodman Property's $600 mln lending syndicate ** Alcatel-Lucent's XT bill runs into tens of millions ** NZ businesses still upbeat, confidence on the wane ** Auckland Airport cuts fine deal in US$250M bond issue ** Regulator clears ASX-listed InvoCare unit to buy Christchurch crematorium ** UPDATED: Scales shares edge lower on NZX debut raising $30M of new capital to repay debt ** NZ dollar keeps falling, touches fresh six-week low ** Chorus suspends dividend payments, tweaks banking covenants ** While you were sleeping: Wall Street edges to record ** MARKET CLOSE: NZ stocks rise, on Xero's NYSE listing plans, Telecom climbs to 2008 highs ** NZ dollar slides to 6-week low as RBNZ's Wheeler invokes intervention criteria ** Moa completes $500k placement, seeks up to $5.25 mln in discounted rights issue ** RESEND: Canadian Lynx Platinum wins South Island platinum exploration tender ** NZ Post give network services contract to Vodafone, aiming to cut $19.2M annual spend ** National signals short election campaign with Aug 23 launch ** FMA satisfied with 'pre-offer' talks before prospectuses, sees no need for further regulation **

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