Jenny Ruth: JENNY RUTH: Companies should avoid the impression they have something to hide
Time was it was routine for NZX-listed companies to brief analysts and institutional investors in secret, particularly when they released their financial results. Journalists, in particular, were barred from dialling into such briefings, which are usually conducted via confere...
NZ dollar little changed after RBNZ comments erase gains
The New Zealand dollar was little changed after the Reserve Bank's mention of the elevated currency putting pressure on export earnings punctured earlier gains on the back of stronger US equities. The kiwi was trading at 64.60 US cents at 5pm in Wellington compared with 64.71...
JENNY RUTH: Metroglass top earners swell as shareholder returns plummet
Metro Performance Glass has been a perennial disappointer since it listed on the NZX in 2014 but, while its profits and share price have been falling, the number of top earners has been swelling. The company's shares were floated at $1.70 in mid-2014, valuing the company at $3...
NZ dollar rebounds after mixed messages on US-China trade deal
The New Zealand dollar ended a roller-coaster day with trading roiled by a White House spokesman appearing to say the US-China trade deal was over and then recovering once US President Donald Trump tweeted that the deal was intact. The kiwi was trading at 64.71 US cents at 5pm...
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