Pushpay shares drop 4.8% after $100M bookbuild completed

Pushpay shares drop 4.8% after $100M bookbuild completed

By Sophie Boot June 19 (BusinessDesk) - Pushpay Holdings shares dropped 4.8 percent after the mobile payment app company completed a $100 million bookbuild to let executive director Eliot Crowther exit the firm he co-founded. The 24.8 million shares were sold at $4.04 apiec...

Sophie Boot 19 Jun 2018
NZ Super Fund's Matt Whineray appointed CEO

NZ Super Fund's Matt Whineray appointed CEO

By Sophie Boot June 19 (BusinessDesk) - The New Zealand Superannuation Fund's board has appointed Matt Whineray as chief executive, a role he has been acting in since March after Adrian Orr left the job. Whineray, who was previously the fund's chief investment officer, firs...

Sophie Boot 19 Jun 2018
MARKET CLOSE: NZ shares mixed, Mercury and Fletcher gain while Synlait, A2 drop

MARKET CLOSE: NZ shares mixed, Mercury and Fletcher gain while Synlait, A2 drop

By Sophie Boot June 18 (BusinessDesk) - New Zealand shares were mixed, with Mercury New Zealand and Fletcher Building gaining while Synlait and A2 Milk fell. The S&P/NZX 50 Index fell 1.52 points, or 0.02 percent, to 8,974.23. Within the index, 24 stocks rose, 19 fell and s...

Sophie Boot 18 Jun 2018
Parker's criticism of ANZ confidence survey based on comments Bagrie made at Xero function

Parker's criticism of ANZ confidence survey based on comments Bagrie made at Xero function

By Sophie Boot June 18 (BusinessDesk) -  Economic Development Minister David Parker based his criticism of the ANZ Bank's business confidence survey on comments attributed to the bank's former chief economist Cameron Bagrie, who now runs his own consultancy. The Opposition...

Sophie Boot 18 Jun 2018