Gentrack CEO resigns days before AGM
By Dan Brunskill | Mon, 24 Feb 2020
Gentrack Group has announced the departure of chief executive, Ian Black, just three days before its annual general meeting and without explanation.However, the announcement follows a string of downgr...
Is NZX right to clobber minnows' investors?
By Jenny Ruth | Mon, 24 Feb 2020
If you believe NZX's listing rules exist to protect investors, it makes no sense to punish infractions that hurt them by fining those same investors.And NZX Regulation's choice of target is too often...
MARKET CLOSE: NZ shares edge higher as earnings season rewards investors
By Dan Brunskill | Fri, 21 Feb 2020
New Zealand shares edged higher today, rounding out the second week of major earnings with a 2 percent weekly gain. The S&P/NZX 50 Index increased 8.48 points, or 0.07 percent, to 12,073.34. Within...
NZ Post mail service floundering, parcels strong
By Rebecca Howard | Fri, 21 Feb 2020
New Zealand Post said its half-year profit more than quadrupled but its mail service is still floundering and puts it in “a difficult position.”The state-owned enterprise reported a net profit of $31...
F&P Healthcare lifts earnings guidance as covid-19 boosts demand
By Rebecca Howard | Fri, 21 Feb 2020
Fisher & Paykel Healthcare lifted its full-year earnings guidance as it benefits from increased demand on the back of the covid-19 virus outbreak.“We’ve seen better-than-expected sales in our home...