Domestic business news this week is likely to be dominated by results from companies such as Ryman Healthcare and Napier Port as well as outlook comments at annual shareholders' meetings, including heavyweights such as A2 Milk.“A2 is probably going to be the most high profile – i...
New Zealand shares edged lower as electricity companies remained under pressure as the future of the Tiwai Point smelter remains uncertain and after a weak operating update from Contact Energy. The S&P/NZX 50 Index decreased 4.55 points, or 0.04 percent, to 10,894.70. Within...
Ofer Global looks set for another tussle with fellow shareholders in New Zealand Oil & Gas as bigger stakeholders position for a board change at next month’s general meeting.Shareholders Brian Roulston and Samantha Sharif, both of whom spoke at yesterday’s special meeting, are vy...
New Zealand shares recovered some of yesterday’s sell-off as investors digested the impact of the Reserve Bank's announcement yesterday of an unchanged 1 percent cash rate on high-yield stocks. The S&P/NZX 50 Index increased 63.82 points, or 0.6 percent, to 10,899.25. Within t...