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MARKET CLOSE:NZ shares fall; Genesis, Merdian drop as investors book gains

MARKET CLOSE:NZ shares fall; Genesis, Merdian drop as investors book gains

By Suze Metherell Nov. 12 (BusinessDesk) - New Zealand shares fell, snapping four days of gains, led by Genesis Energy, Meridian Energy and MightyRiverPower as investors looked to crystalise gains in the energy companies. Kiwi Income Property Trust, DNZ Property Fund and Goodm...

12 Nov 2014
RESEND2: Fonterra warned it has to stay competitive on milk payout

RESEND2: Fonterra warned it has to stay competitive on milk payout

(Removes reference to contribution from value-add components in fourth from last paragraph)) By Fiona Rotherham Nov. 12 (BusinessDesk) - Fonterra Cooperative Group  had to set the benchmark for a competitive farmgate milk price, former director Jim van der Poel told the dia...

12 Nov 2014
NZ dollar gains after RBNZ's stability report reminds market of tightening bias

NZ dollar gains after RBNZ's stability report reminds market of tightening bias

By Paul McBeth Nov. 12 (BusinessDesk) - The New Zealand dollar gained after the Reserve Bank's report on the strength of the nation's financial system reminded the market that the central bank is still in a tightening cycle, and will continue to lift interest rates when necess...

12 Nov 2014
Pacific Aerospace makes first delivery in $120M of deals with Chinese firms

Pacific Aerospace makes first delivery in $120M of deals with Chinese firms

12 Nov 2014
TruScreen rises as high as 60% in compliance listing on NZAX

TruScreen rises as high as 60% in compliance listing on NZAX

12 Nov 2014
NZX proposes move to T+2 from T+3 for cash market trades

NZX proposes move to T+2 from T+3 for cash market trades

12 Nov 2014
'NXT' year for NZX's new growth market

'NXT' year for NZX's new growth market

12 Nov 2014
Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights

Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights

12 Nov 2014
Smiths City starts search for new CEO after Hellings signals exit

Smiths City starts search for new CEO after Hellings signals exit

12 Nov 2014
NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says

NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says

12 Nov 2014
NZ guest nights jump to a record in September on rise in international travellers

NZ guest nights jump to a record in September on rise in international travellers

11 Nov 2014
Treasury advised to revisit work on deposit insurance

Treasury advised to revisit work on deposit insurance

11 Nov 2014
BurgerFuel more than doubles 1H earnings on store openings

BurgerFuel more than doubles 1H earnings on store openings

11 Nov 2014
Fonterra affirms 2015 milk price payout of $5.30/kgMS

Fonterra affirms 2015 milk price payout of $5.30/kgMS

11 Nov 2014
UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain

UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain

11 Nov 2014
Comvita widens 1H loss; announces plans to raise $24.4M in rights offer

Comvita widens 1H loss; announces plans to raise $24.4M in rights offer

11 Nov 2014
Pyne Gould censured, fined, for breaching corporate governance rules

Pyne Gould censured, fined, for breaching corporate governance rules

11 Nov 2014
DNZ first-half profit rises 41% on revaluations, reduced costs

DNZ first-half profit rises 41% on revaluations, reduced costs

11 Nov 2014
Goodman Property 1H profit drops as decline in financial assets offsets rising rents

Goodman Property 1H profit drops as decline in financial assets offsets rising rents

11 Nov 2014
Kiwi Income boosts first-half earnings on management savings, Sylvia Park rental growth

Kiwi Income boosts first-half earnings on management savings, Sylvia Park rental growth

11 Nov 2014
NZ burgeoning commercial property market stokes development

NZ burgeoning commercial property market stokes development

11 Nov 2014
NZ banks well-placed to weather downturn, RBNZ says

NZ banks well-placed to weather downturn, RBNZ says

11 Nov 2014
NZ dollar soars to 7-year high against weak yen on Abe poll plans

NZ dollar soars to 7-year high against weak yen on Abe poll plans

11 Nov 2014
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