All News
Fletcher flags $300 mln share buyback, uses Formica funds to cut debt
By Paul McBeth June 26 (BusinessDesk) - Fletcher Building plans to buy back as much as $300 million of stock, with the bulk of the billion-dollar Formica sale proceeds being used to cut debt. The country's biggest listed construction firm is hosting investors in Sydney tod...
New Zealand dollar holds gains; eyes on RBNZ
By Rebecca Howard June 26 (BusinessDesk) - The New Zealand dollar held its gains as weak US data put pressure on the greenback and as investors await the Reserve Bank's rate decision this afternoon. The kiwi was trading at 66.44 US cents at 7:50am in Wellington versus 66.4...
MARKET CLOSE: NZ shares extend gain as A2 buoyed by trade data
By Paul McBeth June 25 (BusinessDesk) - New Zealand shares rose for a third day, led by A2 Milk as trade data allayed some concerns over how new Chinese e-commerce rules will be applied. Auckland International Airport hit a record. The S&P/NZX 50 Index increased 29.98 poin...
Prev
