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MARKET CLOSE: NZ shares edge up to new record; Fletcher extends gain

MARKET CLOSE: NZ shares edge up to new record; Fletcher extends gain

By Paul McBeth Aug. 17 (BusinessDesk) - New Zealand shares edged up to a new record as stocks across Asia rose in a relatively quiet earnings day domestically, with Fletcher Building extending its gain after yesterday's result while Skellerup climbed on its increased profit. ...

Paul McBeth 17 Aug 2017
NZ dollar gains against broadly weaker greenback after Fed minutes

NZ dollar gains against broadly weaker greenback after Fed minutes

By Rebecca Howard Aug. 17 (BusinessDesk) - The New Zealand dollar gained against a broadly weaker greenback after minutes from the US Federal Reserve's policy meeting potentially signaled policy makers could delay a rate hike.  The kiwi rose to 73.28 US cents as at 5pm in W...

Rebecca Howard 17 Aug 2017
Rakon's startup Thinxtra won't be a drag on earnings for long says chairman

Rakon's startup Thinxtra won't be a drag on earnings for long says chairman

By Rebecca Howard Aug. 17 (BusinessDesk) - Rakon's start-up investment Thinxtra won't be a drag on the NZX-listed components maker's earnings for long, according to chairman Bryan Mogridge. Earlier this week, Rakon predicted a return to profit in the year ending March 31, 2...

Rebecca Howard 17 Aug 2017
Evolve Education warns annual profit will dip in 2018 on weaker occupancy rates

Evolve Education warns annual profit will dip in 2018 on weaker occupancy rates

Paul McBeth 17 Aug 2017
NZ consumer confidence ticks up in August

NZ consumer confidence ticks up in August

Rebecca Howard 17 Aug 2017
Transpower to pay $165 mln dividend to Crown as cost cutting boosts annual earnings

Transpower to pay $165 mln dividend to Crown as cost cutting boosts annual earnings

Paul McBeth 17 Aug 2017
Rising wholesale power prices squeeze NZ producer margins in June quarter

Rising wholesale power prices squeeze NZ producer margins in June quarter

Paul McBeth 17 Aug 2017
Freightways buys Australian medical waste service for as much as A$10M

Freightways buys Australian medical waste service for as much as A$10M

Rebecca Howard 16 Aug 2017
Precinct Properties lifts FY profit 17%, upbeat on development pipeline for 2018

Precinct Properties lifts FY profit 17%, upbeat on development pipeline for 2018

Rebecca Howard 16 Aug 2017
Former Mt Eden prison inmate Alex Littleton sues Serco for $500,000

Former Mt Eden prison inmate Alex Littleton sues Serco for $500,000

Paul McBeth 16 Aug 2017
Skellerup lifts annual profit 8% on water focus, improved dairy market

Skellerup lifts annual profit 8% on water focus, improved dairy market

Tina Morrison 16 Aug 2017
NZ dollar gains as Fed minutes show inflation view split, commitment to trim balance sheet

NZ dollar gains as Fed minutes show inflation view split, commitment to trim balance sheet

Jonathan Underhill 16 Aug 2017
While you were sleeping: Fed inflation worries deepen

While you were sleeping: Fed inflation worries deepen

Margreet Dietz 16 Aug 2017
MARKET CLOSE: NZ shares rise, lead by ANZ, CBL; Fletcher Building gains despite profit plunge

MARKET CLOSE: NZ shares rise, lead by ANZ, CBL; Fletcher Building gains despite profit plunge

Sophie Boot 16 Aug 2017
NZ dollar little changed after dropping overnight

NZ dollar little changed after dropping overnight

Rebecca Howard 16 Aug 2017
Abano's dissident shareholders to exit in discounted block trade

Abano's dissident shareholders to exit in discounted block trade

Paul McBeth 16 Aug 2017
Labour's water tax wrong to target irrigators, says lobby group

Labour's water tax wrong to target irrigators, says lobby group

Pattrick Smellie 16 Aug 2017
Colonial Motor Co lifts annual profit 4.2%, riding on car sales boom

Colonial Motor Co lifts annual profit 4.2%, riding on car sales boom

Paul McBeth 16 Aug 2017
UPDATE: Fletcher chair Norris hints at board refresh after year of nil return to shareholders

UPDATE: Fletcher chair Norris hints at board refresh after year of nil return to shareholders

Jonathan Underhill 16 Aug 2017
AFT shares drop 6.3% after ticking off over Maxiclear marketing

AFT shares drop 6.3% after ticking off over Maxiclear marketing

Paul McBeth 16 Aug 2017
Fairfax's Hywood upbeat on NZ business as Neighbourly grabs real estate listings

Fairfax's Hywood upbeat on NZ business as Neighbourly grabs real estate listings

Paul McBeth 16 Aug 2017
Tenths Trust fraudster Ngatata Love to be paroled in October

Tenths Trust fraudster Ngatata Love to be paroled in October

Sophie Boot 16 Aug 2017
Invocare lifts NZ 1H earnings 21% as volumes increase, margins improve

Invocare lifts NZ 1H earnings 21% as volumes increase, margins improve

Tina Morrison 16 Aug 2017
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