Listed Companies
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Property
Metlifecare hires Jarden to help with suitor
Metlifecare has hired Jarden to help with the unsolicited and what it calls unsatisfactory offer, despite describing the offeror as a credible buyer. The retirement village operator and developer hired Jarden to advise it and has set up various working groups within the compa...
Property
SkyCity confirms insurance will cover NZICC fire damage
SkyCity Entertainment Group says it can confirm its insurers "will respond" to the damage to the New Zealand International Convention Centre and Horizon Hotel caused by the massive fire in October.The buildings, still under construction when the fire broke out in the NZICC's roof...
Property
ANALYSIS: Metroglass shareholders surprised by yet another downgrade
Investors' reaction to Metro Performance Glass's latest profit downgrade was undeniably negative, its magnitude an indication of how shocked they were.The shares plunged 12.7 percent from Friday's close to as low as 31 cents after the company said its earnings before interest and...
Markets
MARKET CLOSE: NZ shares buoyed by optimism over US-China trade deal; Metroglass sinks
New Zealand shares were buoyed by upbeat sentiment across Asia as investors clung to hopes that a China-US trade deal could be reached before the end of the year. The S&P/NZX 50 Index increased 7.37 points, or 0.1 percent, to 10,953.67. Within the index, 14 stocks rose, 33 fel...
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