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Markets
Market Close
NZ stocks end lower while Eroad tanks
The S&P/NZX 50 Index dropped 99.89 points or 0.75% to 13,289.21.
Retail
Macpac NZ profits drop 71% as softer sales hit margins
The sales drop in New Zealand was larger than Kathmandu's.
Markets
Eroad shares slump 23% as it shifts focus from North America
Eroad cuts North America exposure, impairing $150m in assets.
Primary Sector
$55m deal secures Santana mining land
The gold miner now owns all the land where its best mining prospects lie.
Policy
Open banking's red tape may stifle lenders' innovation: fintechs
Fee-free open banking and levies may deter banks from innovating with new tech.
Markets
Spot market power prices 'past their peak': Genesis
Genesis has 1.1 million tonnes of coal stockpiled for use at the Huntly Power Station.
Opinion
Stock & Trade: Fonterra’s fascinating exec incentive scheme
Winston Peters has questioned bonuses linked to Fonterra’s $4.2b sale.
Markets
Risky Business
Quashed opens the door for challenger insurers
Turners-backed comparison site could hit key milestone by year-end.
Markets
Market Close
NZX up late as Infratil rallies on datacentre deal
The S&P/NZX 50 Index closed up 0.61% or 81.70 points to 13,389.10.
Markets
Jarden says Eroad shareprice has raced ahead of fundamentals
Jarden estimated Eroad’s rerating has added $235 million to its market value.
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