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Fisher Funds' Kingfish a late believer in Xero, sees ANZ profits
By Jonathan Underhill Oct. 16 (BusinessDesk) - Kingfish, a listed investment fund that targets New Zealand shares, has added Xero to its holdings because it is more confident in the unprofitable accounting software company's earnings in its biggest market, Australasia. "We...
Fletcher to address NZSA's performance concerns as lobby drops call to spill board, Norris says
By Jonathan Underhill Oct. 16 (BusinessDesk) - Fletcher Building has taken on board criticism from the NZ Shareholders' Association about the company's performance and communication with investors and plans to address issues including directors' fees at this month's annual mee...
ComCom went outside its role in rejecting StuffMe merger, court hears
By Sophie Boot Oct. 16 (BusinessDesk) - The Commerce Commission overreached its statutory mandate when it rejected a possible merger between New Zealand's two largest print media companies, Wellington's High Court has heard. David Goddard QC, the media companies' lawyer, s...
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