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NZ sharemarket down amid Bremworth coup, NZME stake
Markets Market Close

NZ sharemarket down amid Bremworth coup, NZME stake

The S&P/NZX 50 Index closed at 12,550.05, down 51.37 points or 0.41%.

Graham Skellern 03 Mar 2025
Primary Sector

Bremworth coup: group of shareholders wants board sacked

The group, led by Rob Hewett, believes it has support from 35% of shareholders.

Riley Kennedy 03 Mar 2025
Bremworth coup: group of shareholders wants board sacked
Markets

Canadian James Grenon takes substantial NZME stake

An Auckland-based Canadian billionaire previously linked to an alternative news venture has taken a substantial share holding in NZME, the owner of the NZ Herald, Newstalk ZB and BusinessDesk.In a release to the New Zealand Exchange (NZX) on Monday, Canadian private equity tycoon...

Shayne Currie 03 Mar 2025
Canadian James Grenon takes substantial NZME stake
Retail

Warehouse forecasts another second-half earnings loss

Interim CEO John Journee says the company is likely at the bottom of the retail cycle.

Gregor Thompson 03 Mar 2025
Warehouse forecasts another second-half earnings loss
Primary Sector

Richard Wyeth appointed Synlait Milk CEO

He left Westland Milk Products in late January.

Riley Kennedy 03 Mar 2025
Richard Wyeth appointed Synlait Milk CEO
Markets Earnings Wrap

Market optimism dissipates as soft earnings season sinks in

Since the beginning of February, the S&P/NZX 50 is down 3.15%.

Gregor Thompson 03 Mar 2025
Market optimism dissipates as soft earnings season sinks in
Markets

Gentailers results show loss of confidence in gas

The lessons of last winter will be tested in the coming months.

Ian Llewellyn 03 Mar 2025
Gentailers results show loss of confidence in gas
Markets

Spark unleashes Skinny's digital ambassador

No savings were quantified but lower costs are a feature of the ad campaign. 

Ben Moore 03 Mar 2025
Spark unleashes Skinny's digital ambassador
Markets Market Close

Pacific Edge soars on busy day for NZX

The S&P/NZX 50 Index had a late flurry.

Graham Skellern 28 Feb 2025
Pacific Edge soars on busy day for NZX
Markets

Pacific Edge shares soar on hope for US market

The news should force a reconsideration by Novitas. 

Rebecca Howard 28 Feb 2025
Pacific Edge shares soar on hope for US market