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Ellerston Capital, with interest in 5.1% Fletcher stake, sees builder as a turnaround story

Ellerston Capital, with interest in 5.1% Fletcher stake, sees builder as a turnaround story

By Jonathan Underhill April 16 (BusinessDesk) - Ellerston Capital's interest in Fletcher Building has topped 5.1 percent, requiring the Australian fund manager to make a statement to the ASX and NZX but its interest in the beat-up construction and building materials company ha...

Jonathan Underhill 15 Apr 2018
Genesis Energy nabs former ASB CEO Barbara Chapman for its board

Genesis Energy nabs former ASB CEO Barbara Chapman for its board

By Pattrick Smellie April 16 (BusinessDesk) - Genesis Energy, New Zealand's largest electricity generator and retailer by customers, has lured former ASB Bank chief executive Barbara Chapman onto its board, replacing John Leuchars, who is leaving after a six-year stint as a di...

Pattrick Smellie 15 Apr 2018
Spark buys Rugby World Cup broadcast rights, taps TVNZ for free-to-air, production

Spark buys Rugby World Cup broadcast rights, taps TVNZ for free-to-air, production

By Paul McBeth April 16 (BusinessDesk) - Spark New Zealand has bought broadcasting rights to the 2019 Rugby World Cup and several other competitions for an undisclosed sum and has tapped Television New Zealand to provide free-to-air coverage and bolster production capability. ...

Paul McBeth 15 Apr 2018
NZ dollar falls vs Aussie on stronger-than-expected China imports; inflation data looms

NZ dollar falls vs Aussie on stronger-than-expected China imports; inflation data looms

Jonathan Underhill 15 Apr 2018
World Week Ahead: Focus on US earnings, retail sales, Fed speakers

World Week Ahead: Focus on US earnings, retail sales, Fed speakers

Jonathan Underhill 15 Apr 2018
MARKET CLOSE: NZ shares rise as Fletcher jumps on Wesfarmers report, Mercury, A2 Milk fall

MARKET CLOSE: NZ shares rise as Fletcher jumps on Wesfarmers report, Mercury, A2 Milk fall

Jonathan Underhill 13 Apr 2018
NZ dollar heads for 1.5% weekly gain as trade, geopolitical tensions ease

NZ dollar heads for 1.5% weekly gain as trade, geopolitical tensions ease

Rebecca Howard 13 Apr 2018
NZ lagging in creating climate-related investment opportunities, says new report

NZ lagging in creating climate-related investment opportunities, says new report

Pattrick Smellie 13 Apr 2018
ACC tops up holding of beat-up MetroGlass shares, now owns 6.6% stake

ACC tops up holding of beat-up MetroGlass shares, now owns 6.6% stake

Jonathan Underhill 13 Apr 2018
First Union upbeat about Bay of Plenty focus on living wage for bus drivers

First Union upbeat about Bay of Plenty focus on living wage for bus drivers

Rebecca Howard 13 Apr 2018
Powerhouse cancels stock offer after shareholders take up convertible note

Powerhouse cancels stock offer after shareholders take up convertible note

Rebecca Howard 13 Apr 2018
Parker wants public input in pursuit of progressive trade as PM flies flag in Europe

Parker wants public input in pursuit of progressive trade as PM flies flag in Europe

Paul McBeth 13 Apr 2018
Fletcher stock jumps 13% after report Wesfarmers may have picked up small stake

Fletcher stock jumps 13% after report Wesfarmers may have picked up small stake

Jonathan Underhill 12 Apr 2018
UPDATE: ComCom files charges against Vodafone for misleading consumers over FibreX; Vodafone to defend case

UPDATE: ComCom files charges against Vodafone for misleading consumers over FibreX; Vodafone to defend case

Tina Morrison 12 Apr 2018
NZX targets 'natural advantage' in primary industries with new index, dairy derivatives expansion

NZX targets 'natural advantage' in primary industries with new index, dairy derivatives expansion

Paul McBeth 12 Apr 2018
NZ manufacturing activity eases in March, weighed by production index

NZ manufacturing activity eases in March, weighed by production index

Rebecca Howard 12 Apr 2018
New Zealand's biggest gas user, Methanex, fears for long-term output

New Zealand's biggest gas user, Methanex, fears for long-term output

Pattrick Smellie 12 Apr 2018
Chorus slows customer loss in March quarter as connections dip 1%

Chorus slows customer loss in March quarter as connections dip 1%

Paul McBeth 12 Apr 2018
NZ dollar gains vs greenback as Trump backtracks on Syria attack, rises vs yen, euro

NZ dollar gains vs greenback as Trump backtracks on Syria attack, rises vs yen, euro

Jonathan Underhill 12 Apr 2018
While you were sleeping: Wall St climbs, Treasuries drop

While you were sleeping: Wall St climbs, Treasuries drop

Margreet Dietz 12 Apr 2018
MARKET CLOSE: NZ shares fall with Asia on geopolitical concerns; Pushpay, Sky TV sink, Synlait gains

MARKET CLOSE: NZ shares fall with Asia on geopolitical concerns; Pushpay, Sky TV sink, Synlait gains

Jonathan Underhill 12 Apr 2018
NZ dollar sticks to tight range as investors await Middle East developments

NZ dollar sticks to tight range as investors await Middle East developments

Rebecca Howard 12 Apr 2018
NZ govt considers naming-and-shaming state sponsored cyber crime

NZ govt considers naming-and-shaming state sponsored cyber crime

Paul McBeth 12 Apr 2018
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