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While you were sleeping: Wal-Mart rally boosts Wall St

While you were sleeping: Wal-Mart rally boosts Wall St

By Margreet Dietz Oct. 11 (BusinessDesk) - Wall Street rose to fresh record highs, bolstered by a rally in Wal-Mart shares after the company predicted 40 percent growth in its US online sales next year and announced a US$20 billion share buyback program.  “We have good mome...

Margreet Dietz 10 Oct 2017
MARKET CLOSE: NZX50 at new high as A2 hits fresh record; Z Energy, Fletcher Building fall

MARKET CLOSE: NZX50 at new high as A2 hits fresh record; Z Energy, Fletcher Building fall

By Sophie Boot Oct. 10 (BusinessDesk) - New Zealand's benchmark stock index rose to a new record as investors latched on to companies with strong growth outlooks including A2 Milk Co, Xero and Fisher & Paykel Healthcare. Z Energy and Fletcher Building fell. The S&P/NZX50 In...

Sophie Boot 10 Oct 2017
NZ dollar holds below 71 US cts as election outcome could move either way

NZ dollar holds below 71 US cts as election outcome could move either way

By Paul McBeth Oct. 10 (BusinessDesk) - The New Zealand dollar is holding below 71 US cents as traders eye the Thursday deadline NZ First leader Winston Peters has given himself to pick which party he'll support to govern the country.  The kiwi traded at 70.68 US cents at 5...

Paul McBeth 10 Oct 2017
Auckland Council undeterred by political uncertainty in pursuing port's future

Auckland Council undeterred by political uncertainty in pursuing port's future

Paul McBeth 10 Oct 2017
NZ First board membership closely guarded ahead of coalition consultations

NZ First board membership closely guarded ahead of coalition consultations

Pattrick Smellie 10 Oct 2017
Serko shares climb 3.1% after lifting first-half earnings guidance

Serko shares climb 3.1% after lifting first-half earnings guidance

Sophie Boot 09 Oct 2017
Centreport to demolish Stats House, fate of land, BNZ Building unclear

Centreport to demolish Stats House, fate of land, BNZ Building unclear

Sophie Boot 09 Oct 2017
NZ retail spending flat in September, below expectations

NZ retail spending flat in September, below expectations

Sophie Boot 09 Oct 2017
Renaissance Brewing up for sale after voluntary administration appointment

Renaissance Brewing up for sale after voluntary administration appointment

Paul McBeth 09 Oct 2017
NZ dollar falls vs euro, pound after German data; political concerns ebb

NZ dollar falls vs euro, pound after German data; political concerns ebb

Jonathan Underhill 09 Oct 2017
While you were sleeping: Wall St drifts from record highs

While you were sleeping: Wall St drifts from record highs

Margreet Dietz 09 Oct 2017
MARKET CLOSE: NZX50 cracks 8,000, led by market darlings A2, Xero

MARKET CLOSE: NZX50 cracks 8,000, led by market darlings A2, Xero

Sophie Boot 09 Oct 2017
NZ dollar holds below 71 US cents as election outcome awaited

NZ dollar holds below 71 US cents as election outcome awaited

Jonathan Underhill 09 Oct 2017
Michael Hill lifts first-quarter sales by 7.8% as Canada makes up for lagging US

Michael Hill lifts first-quarter sales by 7.8% as Canada makes up for lagging US

Sophie Boot 09 Oct 2017
NZX 50 tops 8,000 for first time as stocks outshine other asset classes

NZX 50 tops 8,000 for first time as stocks outshine other asset classes

Jonathan Underhill 09 Oct 2017
Asset sales, focus on costs could yield $100M+ upside for Fletcher earnings: FNZC

Asset sales, focus on costs could yield $100M+ upside for Fletcher earnings: FNZC

Pattrick Smellie 09 Oct 2017
UPDATE: OGOG wins NZOG's blessing after lifting offer by 1 cent a share

UPDATE: OGOG wins NZOG's blessing after lifting offer by 1 cent a share

08 Oct 2017
Former Genesis Energy retail head Goadby teams up with Fairfax for 'at-cost' energy 'club'

Former Genesis Energy retail head Goadby teams up with Fairfax for 'at-cost' energy 'club'

Jonathan Underhill 08 Oct 2017
Auckland Airport seeks up to $100 mln in new six-year bond

Auckland Airport seeks up to $100 mln in new six-year bond

Sophie Boot 08 Oct 2017
OGOG wins NZOG's blessing after lifting offer by 1 cent a share

OGOG wins NZOG's blessing after lifting offer by 1 cent a share

Paul McBeth 08 Oct 2017
NZ dollar drops to 5-month low as Nats lose two seats, Fed hike odds rise

NZ dollar drops to 5-month low as Nats lose two seats, Fed hike odds rise

Jonathan Underhill 08 Oct 2017
World Week Ahead: Eyes on Fed minutes, US inflation

World Week Ahead: Eyes on Fed minutes, US inflation

Jonathan Underhill 08 Oct 2017
ELECTION UPDATE: English seeks first talks with NZ First as final vote count raises odds of NZ regime change

ELECTION UPDATE: English seeks first talks with NZ First as final vote count raises odds of NZ regime change

Pattrick Smellie 07 Oct 2017
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