NZX asks Pushpay to 'please explain' 39% share price rally
By Sophie Boot March 22 (BusinessDesk) - Pushpay Holdings says it has no material information to declare to the market, in response to a 'please explain' notice from the NZX over a 39 percent gain in the share price. The stock market operator queried the movement in Pushpay...
Snowball Effect may be first equity crowd-funder to turn a profit after snaring 70% of market
By Sophie Boot March 22 (BusinessDesk) - Snowball Effect may become New Zealand’s first equity crowd-funder to turn a profit, saying it has grabbed about 70 percent of the market and smaller rivals are likely to be squeezed out. Snowball and PledgeMe were the first two comp...
MARKET CLOSE: Half billion dollar day for NZX as 7.5% of Sky TV changes hands
By Sophie Boot March 18 (BusinessDesk) - New Zealand shares hit another record high and turnover topped $500 million as 7.5 percent of Sky Network Television changed hands and large parcels of several top 10 companies changed hands. The S&P/NZX 50 Index rose 50.06 points, o...
NZ consumer confidence falls in March, consumers cautious
By Sophie Boot March 18 (BusinessDesk) - New Zealand consumer confidence dipped slightly in March, but remained near the historical average, according to the latest ANZ-Roy Morgan Consumer Confidence Index. The index slipped 1.7 points to 118 in March, in line with the hist...
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