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MARKET CLOSE: NZ shares fall, led by Contact, Xero; Trade Me gains

MARKET CLOSE: NZ shares fall, led by Contact, Xero; Trade Me gains

By Sophie Boot Dec. 7 (BusinessDesk) - New Zealand shares fell after Contact Energy said it doesn't expect growth in operating earnings this year and investors continued to punish Xero after key executives sold down their holdings. The S&P/NZX 50 index dropped 30.4 points,...

Sophie Boot 07 Dec 2015
NZ dollar falls as traders ponder prospects for RBNZ rate cut

NZ dollar falls as traders ponder prospects for RBNZ rate cut

By Paul McBeth Dec. 7 (BusinessDesk) - The New Zealand dollar fell as traders mulled the likelihood that the Reserve Bank will cut interest rates in its final meeting of the year, putting on a different path to the US where the Federal Reserve is poised to start tightening pol...

Paul McBeth 07 Dec 2015
Just Water CEO Falkenstein slams NZX for price gouging, plans to keep NZAX listing

Just Water CEO Falkenstein slams NZX for price gouging, plans to keep NZAX listing

By Fiona Rotherham Dec. 7 (BusinessDesk) - Tony Falkenstein, chairman and chief executive of NZAX-listed Just Water International, has again accused stock exchange operator NZX of price gouging. At the water cooler company’s annual meeting in Auckland today, he said NZX, wh...

Fiona Rotherham 07 Dec 2015
Key rehabilitates Collins, catapults Bennett to climate change

Key rehabilitates Collins, catapults Bennett to climate change

Pattrick Smellie 07 Dec 2015
Australia's Pulse Health signals job cuts in $20 mln purchase of Boulcott Hospital

Australia's Pulse Health signals job cuts in $20 mln purchase of Boulcott Hospital

Paul McBeth 07 Dec 2015
NZ Dollar Outlook: Traders split on outlook for kiwi ahead of RBNZ, Fed meetings

NZ Dollar Outlook: Traders split on outlook for kiwi ahead of RBNZ, Fed meetings

Tina Morrison 07 Dec 2015
Martin Aircraft shares recover to 6-month high on jetpack sales, demo flight in Shenzen

Martin Aircraft shares recover to 6-month high on jetpack sales, demo flight in Shenzen

Fiona Rotherham 07 Dec 2015
Dick Smith may ultimately do more harm to itself than rivals in pre-Xmas super sale

Dick Smith may ultimately do more harm to itself than rivals in pre-Xmas super sale

Jonathan Underhill 06 Dec 2015
Low hydo, geothermal outage, Origin costs hit Contact's November performance

Low hydo, geothermal outage, Origin costs hit Contact's November performance

Sophie Boot 06 Dec 2015
NZ wholesale trade gains in 3rd qtr as fruit exports drive grocery, liquor and tobacco sales

NZ wholesale trade gains in 3rd qtr as fruit exports drive grocery, liquor and tobacco sales

Paul McBeth 06 Dec 2015
Synthase Biotech targets 2019 launch for 'bull semen extender', sees global demand

Synthase Biotech targets 2019 launch for 'bull semen extender', sees global demand

Jonathan Underhill 06 Dec 2015
Steel & Tube upgrades processing facilities, sells old factory for $8.4 million

Steel & Tube upgrades processing facilities, sells old factory for $8.4 million

Sophie Boot 06 Dec 2015
Spark buys South Island IT service firm CCL for $50 mln

Spark buys South Island IT service firm CCL for $50 mln

Paul McBeth 06 Dec 2015
NZ dollar rises as traders pull back bets for future greenback gains

NZ dollar rises as traders pull back bets for future greenback gains

Tina Morrison 06 Dec 2015
King Country Electric Power Trust rejects Trustpower takeover

King Country Electric Power Trust rejects Trustpower takeover

Pattrick Smellie 06 Dec 2015
World Week Ahead: Rate pace focus

World Week Ahead: Rate pace focus

Tina Morrison 06 Dec 2015
NZ dollar heads for 2.1% weekly gain, propped up by uncertainty over RBNZ review

NZ dollar heads for 2.1% weekly gain, propped up by uncertainty over RBNZ review

Paul McBeth 04 Dec 2015
MARKET CLOSE: NZ shares fall as ECB weighs on market; Meridian, Westpac, Spark drop

MARKET CLOSE: NZ shares fall as ECB weighs on market; Meridian, Westpac, Spark drop

Sophie Boot 04 Dec 2015
Lack of inflation, higher kiwi suggest RBNZ rate cut next week, may be low point of cycle

Lack of inflation, higher kiwi suggest RBNZ rate cut next week, may be low point of cycle

Jonathan Underhill 04 Dec 2015
AsureQuality mum on reported talks to buy out DTS partners

AsureQuality mum on reported talks to buy out DTS partners

Paul McBeth 04 Dec 2015
NZ benchmark stock index drops 1% as ECB weighs on global markets

NZ benchmark stock index drops 1% as ECB weighs on global markets

Sophie Boot 04 Dec 2015
NZ commodity prices fall in November, led by weak dairy

NZ commodity prices fall in November, led by weak dairy

Tina Morrison 04 Dec 2015
Michael Hill takes new founder president role within the jewellery chain

Michael Hill takes new founder president role within the jewellery chain

Fiona Rotherham 03 Dec 2015
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