All News
Methven shares fall 2.3 percent after CEO Fala flags September exit
March 21 (BusinessDesk) - Shares in Methven fell 2.3 percent after chief executive Rick Fala will leave the tapware manufacturer in September. The shares fell 3 cents to $1.30, matching its lowest level this year on March 11. Fala leaves after 15 years in charge, and will st...
MARKET CLOSE NZ shares fall as Mainfreight guidance, Xero profit-takers emerge
March 21 (BusinessDesk) – New Zealand shares fell after global transport group Mainfreight said full-year earnings would miss analyst estimates and Xero snapped a stellar run, falling from a record high as some investors took profits. The NZX 50 Index fell 6.92 points, or 0.2 p...
NZ dollar climbs to 3-week high after economy grows 1.5 percent in 4Q; Cyprus woes hover
By Paul McBeth March 21 (BusinessDesk) - The New Zealand dollar climbed to a three-week high after government figures showed the economy grew 1.5 percent in the final three months of 2012, almost twice the Reserve Bank's forecast. The kiwi rose to 82.67 US cents at 5pm in from...
Prev
