MARKET CLOSE: NZ shares rise, led by A2 Milk, Comvita, while Trustpower, NZME drop
By Sophie Boot Nov. 8 (BusinessDesk) - New Zealand shares rose ahead of the US presidential election, led higher by A2 Milk Co, Comvita, and Orion Health Group, while Trustpower fell. The S&P/NZX50 Index advanced 22.08 points, or 0.3 percent, to 6,894.35. Within the index,...
Law Society, PSA looking into staffing issues at NZ courts
By Sophie Boot Nov. 8 (BusinessDesk) - The New Zealand Law Society and the Public Service Association are investigating reports that courts are understaffed, with at least one judge blaming the issue for slow decisions. In the High Court in Wellington last Tuesday, Justice...
China's Binxi Cattle to mount $25.3 million takeover for Blue Sky Meats
By Sophie Boot Nov. 8 (BusinessDesk) - China-based Heilongjiang Binxi Cattle Industry Co intends to make a $25.3 million takeover offer for Blue Sky Meats, the Southland-based meat processor whose shares trade on the Unlisted platform. NZ Binxi (Oamaru) Foods, a subsidiary...
MARKET CLOSE: NZ shares bounce, buoyed by FBI clearing Clinton, led by Metro Glass and A2 Milk
By Sophie Boot Nov. 7 (BusinessDesk) - New Zealand shares bounced off a four-month low, led upwards by Metro Performance Glass, A2 Milk Co and Z Energy, as part of an Asian market rally. The S&P/NZX 50 Index gained 163.79 points, or 2.4 percent, to 6,872.26. Within the inde...
Prev
