By Paul McBeth July 19 (BusinessDesk) - Resolution Life may be able to wrestle more than a billion dollars from the A$3.3 billion sale price of AMP's life insurance business after a known risk came to
"Okay, God, you want me to talk to you? Please send me a sign!" This is a quote from the movie Bruce Almighty, which features Jim Carrey as the lead. It’s a solid 8/10. After he yells this into hi
Grant and Marilyn Nelson are still waiting for a judicial review ruling against MSD. With polls looming, the opioid crisis will disrupt the balance the pr
Hundreds of employee shareholders at fintech FNZ are fighting back, having discovered their holdings could be diluted heavily after a capital raise last year. One shareholder said the move was “gros
The founders of Invivo Wines are not ruling out another capital raise as the beverage outfit looks to grow. Founded in 2008 by Rob Cameron and Tim Lightbourne, Invivo has grown in popularity. It has t
By Jenny Ruth March 14 (BusinessDesk) - Final decisions on the Reserve Bank’s proposed capital requirements for banks won’t be made until the September quarter but they are already having an impa
By Paul McBeth July 23 (BusinessDesk) - PGG Wrightson shareholders have again given the rural services firm the thumbs up to a capital return in a tax-efficient way. Shareholders voted overwhelming
Listen to BusinessDesk's daily podcast where you will find a summary of the day's top stories. Jacques Steenkamp hosts today's episode. Listen to the daily episodes by following the podcast on iHeartR
Paper Plus New Zealand has raised nearly $600,000 from its owner-operators but undersubscribed its target after issuing more than one million shares at $1 each. In July, Paper Plus NZ, which operates.
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
By Fiona Rotherham Feb. 3 (BusinessDesk) - The Labour Party has urged Talley’s Group to resolve the five-month dispute between Affco and Wairoa meatworkers, saying it is causing severe financial h
By Rebecca Howard Feb. 25 (BusinessDesk) - The New Zealand dollar remained above 68 US cents as investors were hopeful the US and China will manage to hammer out a new trade deal. The kiwi was tradi
By Rebecca Howard Jan. 18 (BusinessDesk) - New Zealand shares followed Asian markets higher on renewed hopes for a resolution to the US-China trade tensions. Trading was light with few local drivers
New Zealand’s banks don’t appear at all vulnerable to the vicissitudes afflicting regional US banks and which brought down Switzerland’s second-largest bank, Credit Suisse. All are very well cap
The Reserve Bank of New Zealand is preparing to backtrack on its implementation of capital adequacy ratios championed by its recently departed governor, Adrian Orr. Appearing before a select committee
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
Investment firm Clare Capital will pay a $150,000 settlement to New Zealand Exchange-listed Being AI over material the artificial intelligence company deemed false and defamatory. Being AI alleged an.
Mobile advertising technology company Goodwood Capital Limited was incepted in 2010. It offers a full suite of mobile creative, content and technology services, empowering the world's leading brands a
General Capital Limited is a financial services group with two wholly owned subsidiaries; General Finance, a Non Bank Deposit Taker that accepts deposits from the public and it lend funds to borrowers
Ascension Capital Ltd, formerly TRS Investments Ltd, is a New Zealand-based investment holding company. The company operates in the asset management industry, focusing on obtaining a transaction to ac
The Vikings started it. With all those sharp weapons lying around, the old Norsemen probably needed an independent third-party to settle petty internal disputes before things turned nasty. Enter the u
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
By Jenny Ruth July 18 (BusinessDesk) - The Reserve Bank says it hasn’t changed its approach to applications for changes of ownership of life insurance companies and nor has there been any change in
Retirement village operator Ryman Healthcare completed its $1 billion capital raise as the New Zealand sharemarket steadied the ship with a small loss. The S&P/NZX 50 Index made ground till a mid-afte
Third party data: All data displayed on the FundSource pages (Data) on BusinessDesk has been sourced from an independent third party, FE Fundinfo. NZME and its related bodies corporate and affiliates (together NZME) do not make any representation as to the currency, fairness, accuracy, completeness or reliability of the Data. Nor will NZME have any liability to any person in relation to the use of or reliance on the Data.
No financial or investment advice: The Data is general information only. It is not financial product or investment advice or an investment recommendation, and has not been prepared taking into account the objectives, financial situation or needs of any person. Potential investors should seek their own independent advice from a qualified financial adviser prior to making an investment decision. NZME makes no recommendation in relation to, and accept no responsibility or ongoing liability for, any person’s investment decisions.
No offer: The Data is only to be accessed by New Zealand residents from within New Zealand, and may not be copied or distributed to any other person. The Data does not constitute an offer or solicitation to offer financial products or conduct investment business in New Zealand or any other jurisdiction.
No guarantee: Past performance information should not be relied upon as (and is not) a promise, representation, warranty or guarantee as to the past, present or future performance. NZME does not guarantee repayment of any capital or payment of any returns on capital invested in the investments referred to in the Data.
Missing data? All data comes from FE fundinfo. BusinessDesk can help you get your data loaded and updated. Email [email protected] for help.