Zespri reports strong interest in bidding round for Gold3 licenses
By Rebecca Howard April 5 (BusinessDesk) - Zespri International reported strong interest in a bidding round for 400 hectares of new Gold3 or SunGold variety kiwifruit licences and said its shares will resume trading on Friday. The kiwifruit marketer said it received 938 bid...
MARKET CLOSE: NZ shares rise as investors hunt for yield, caution keeps lid on volumes
By Rebecca Howard April 4 (BusinessDesk) - New Zealand stocks were led higher by Meridian Energy as companies with high dividends remained in favour, although trading was light as a dearth of domestic and international drivers kept many investors on the sidelines. The S&P/N...
Lani Hagaman says all Andrew Little had to do was appologise
By Rebecca Howard April 4 (BusinessDesk) - Lani Hagaman continued to assert that all she initially wanted from Labour Party leader Andrew Little was an apology on the second day of defamation proceedings brought against Little by Hagaman and her husband Earl. The Hagamans ...
MARKET CLOSE: NZ stocks gain as investors hunt for yield
By Rebecca Howard April 3 (BusinessDesk) - New Zealand shares gained, led by Z Energy and Spark New Zealand as a decline in global bond yields boosts the attraction of local stocks with high dividends. Telecommunications network operator Chorus fell. The S&P/NZX 50 Index ro...
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