All News
MARKET CLOSE: NZ shares rise in light volume trade, led by Spark, Z; Sky TV falls
By Rebecca Howard June 26 (BusinessDesk) - New Zealand shares rose, led by Z Energy and Spark New Zealand in relatively light trading, while Sky Network Television fell after the pay-TV operator and Vodafone New Zealand terminated their merger agreement, although it did pare s...
NZ dollar little changed near 4-month high, long positions seen capping gains
By Jonathan Underhill June 26 (BusinessDesk) - The New Zealand dollar was little changed near a four-month high and may struggle to push much higher because of the sheer weight of bets on a rise which traders say put the kiwi at more risk of a correction. The kiwi was tradi...
Bendon posts wider loss despite better sales as Naked merger nears
By Rebecca Howard June 26 (BusinessDesk) - Underwear maker Bendon, owned by NBR Rich Lister Eric Watson, has disclosed mounting losses related to tax adjustments as a proposed merger with Nasdaq-listed Naked Brand Group draws nearer. Bendon had previously disclosed 2016 sa...
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