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MARKET CLOSE: NZ shares rise, led by Auckland Airport, Chorus on strong earnings

MARKET CLOSE: NZ shares rise, led by Auckland Airport, Chorus on strong earnings

By Sophie Boot Feb. 19 (BusinessDesk) - New Zealand shares rose, led by Auckland International Airport and Chorus on their strong earnings reports. A2 Milk Co dropped. The S&P/NZX 50 Index rose 30.6 points, or 0.5 percent, to 6,141.72. Within the index, 22 stocks rose, 22 f...

Sophie Boot 19 Feb 2016
NZ dollar largely flat on the week as sentiment waxes and wanes, Brexit vote looms

NZ dollar largely flat on the week as sentiment waxes and wanes, Brexit vote looms

By Paul McBeth Feb. 19 (BusinessDesk) - The New Zealand dollar is largely unchanged on the week against the greenback as investor sentiment waxed and waned with little in the way providing direction, and as traders await details on how the European Union is approaching Britain...

Paul McBeth 19 Feb 2016
Millennium & Copthorne raises dividend on improved underlying earnings

Millennium & Copthorne raises dividend on improved underlying earnings

By Paul McBeth Feb. 19 (BusinessDesk) - Millenium & Copthorne Hotels New Zealand, the hotel operator and property developer, raised its annual dividend payment as increased occupancy helped deliver a boost in underlying earnings.  The Auckland-based company will pay a divid...

Paul McBeth 19 Feb 2016