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MARKET CLOSE: NZ shares fall as raft of earnings loom; Heartland, Fletcher drop, Sky TV, Air NZ gain

MARKET CLOSE: NZ shares fall as raft of earnings loom; Heartland, Fletcher drop, Sky TV, Air NZ gain

By Sophie Boot Feb. 20 (BusinessDesk) - New Zealand shares fell in light trading ahead of a busy day of earnings tomorrow, with Heartland Bank and Fletcher Building dropping while Sky Network Television and Air New Zealand rose. The S&P/NZX50 Index dropped 16.98 points, or...

Sophie Boot 20 Feb 2018
NZ's housing-related imbalances set to peak in 2018, S&P Global says

NZ's housing-related imbalances set to peak in 2018, S&P Global says

By Rebecca Howard Feb. 20 (BusinessDesk) - Housing-related imbalances in New Zealand look set to peak and even begin to unwind in 2018 as headwinds abate and new government policies take shape, according to S&P Global Ratings.  "The risks that the banking sector in New Zeal...

Rebecca Howard 20 Feb 2018
Bapcor's ex-Hellaby auto unit still exceeding expectations

Bapcor's ex-Hellaby auto unit still exceeding expectations

By Paul McBeth Feb. 20 (BusinessDesk) - ASX-listed Bapcor is still being pleasantly surprised by the former Hellaby Holdings automotive unit, which delivered a 29 percent increase in first-half earnings.  Bapcor New Zealand posted earnings before interest, tax, depreciation...

Paul McBeth 20 Feb 2018
KiwiRail operating earnings rise despite Kaikoura line outage

KiwiRail operating earnings rise despite Kaikoura line outage

Pattrick Smellie 20 Feb 2018
Used car import body says 'short-term' hit from MPI's stink bug strategy worth it

Used car import body says 'short-term' hit from MPI's stink bug strategy worth it

Rebecca Howard 20 Feb 2018
CBL's European subsidiary fights Irish central bank ban on new business

CBL's European subsidiary fights Irish central bank ban on new business

Sophie Boot 20 Feb 2018
ASX-listed Super Retail Group pays $144M for Macpac, more than twice the 2015 price

ASX-listed Super Retail Group pays $144M for Macpac, more than twice the 2015 price

Paul McBeth 20 Feb 2018
Mark Tume appointed chair of Ngāi Tahu Holdings board

Mark Tume appointed chair of Ngāi Tahu Holdings board

Sophie Boot 19 Feb 2018
Fonterra likely to hike milk payment to NZ farmers as prices improve, OMF says

Fonterra likely to hike milk payment to NZ farmers as prices improve, OMF says

Tina Morrison 19 Feb 2018
ANZ extends Veritas' debt for a third time, seeking shareholder approval to sell Mad Butcher

ANZ extends Veritas' debt for a third time, seeking shareholder approval to sell Mad Butcher

Sophie Boot 19 Feb 2018
Vocus NZ grabs share of broadband market, boosting first-half revenue 4.1% with skinnier margins

Vocus NZ grabs share of broadband market, boosting first-half revenue 4.1% with skinnier margins

Paul McBeth 19 Feb 2018
NZ producer input, output prices rise in Q4 on higher fuel costs

NZ producer input, output prices rise in Q4 on higher fuel costs

Tina Morrison 19 Feb 2018
Promisia shares tumble on Medsafe warning but company stands by product

Promisia shares tumble on Medsafe warning but company stands by product

Rebecca Howard 19 Feb 2018
NZ farmers see limited benefit from high US beef prices as rising kiwi erodes returns

NZ farmers see limited benefit from high US beef prices as rising kiwi erodes returns

Tina Morrison 19 Feb 2018
Heartland first-half profit climbs 7% as Australian reverse mortgage outlook improves

Heartland first-half profit climbs 7% as Australian reverse mortgage outlook improves

Paul McBeth 19 Feb 2018
Vista Group buys back control of Chinese subsidiary, offset by debt owed by WePiao

Vista Group buys back control of Chinese subsidiary, offset by debt owed by WePiao

Sophie Boot 19 Feb 2018
NZ dollar falls in subdued trading as dairy auction looms

NZ dollar falls in subdued trading as dairy auction looms

Jonathan Underhill 19 Feb 2018
While you were sleeping: European equities slide, Reckitt Benckiser slumps

While you were sleeping: European equities slide, Reckitt Benckiser slumps

Margreet Dietz 19 Feb 2018
FMA cracks down on NZ directors of financial services companies, insider trading

FMA cracks down on NZ directors of financial services companies, insider trading

Sophie Boot 19 Feb 2018
NZ dollar gains in face of US, China holidays, but may suffer on greenback strength

NZ dollar gains in face of US, China holidays, but may suffer on greenback strength

Jonathan Underhill 19 Feb 2018
MARKET CLOSE: NZ shares fall ahead of busy earnings season period; Sky TV, Mercury drop; Synlait, a2 gain

MARKET CLOSE: NZ shares fall ahead of busy earnings season period; Sky TV, Mercury drop; Synlait, a2 gain

Sophie Boot 19 Feb 2018
Adern to 'ask some questions' about claims academic targeted over Chinese influence work

Adern to 'ask some questions' about claims academic targeted over Chinese influence work

Paul McBeth 19 Feb 2018
Govt to release CPTPP national interest analysis on Wednesday

Govt to release CPTPP national interest analysis on Wednesday

Paul McBeth 19 Feb 2018
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