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UPDATED: Scales shares edge lower on NZX debut raising $30M of new capital to repay debt

UPDATED: Scales shares edge lower on NZX debut raising $30M of new capital to repay debt

(Updates with price movements, company and investor comments) By Suze Metherell July 25 (BusinessDesk) - Shares in Scales Corp slipped 0.6 percent in early trading on their NZX debut as the fruit and vegetables logistics company's raised $30 million of new capital to reduce...

25 Jul 2014
Regulator clears ASX-listed InvoCare unit to buy Christchurch crematorium

Regulator clears ASX-listed InvoCare unit to buy Christchurch crematorium

By Suze Metherell July 25 (BusinessDesk) - The Commerce Commission has cleared the way for ASX-listed InvoCare's Bledisloe New Zealand to buy the 70-year old Cremation Society of Canterbury adding two crematoriums to its New Zealand network. The local arm of Australia's lar...

24 Jul 2014
Auckland Airport cuts fine deal in US$250M bond issue

Auckland Airport cuts fine deal in US$250M bond issue

By Paul McBeth Jul. 25 (BusinessDesk) - Auckland International Airport has sold US$250 million of bonds in the final tranche of a financing package to pay for its capital return to shareholders earlier this year at what it says is the lowest borrowing margin for a facility of...

24 Jul 2014
NZ dollar keeps falling, touches fresh six-week low

NZ dollar keeps falling, touches fresh six-week low

24 Jul 2014
Chorus suspends dividend payments, tweaks banking covenants

Chorus suspends dividend payments, tweaks banking covenants

24 Jul 2014
While you were sleeping: Wall Street edges to record

While you were sleeping: Wall Street edges to record

24 Jul 2014
MARKET CLOSE: NZ stocks rise, on Xero's NYSE listing plans, Telecom climbs to 2008 highs

MARKET CLOSE: NZ stocks rise, on Xero's NYSE listing plans, Telecom climbs to 2008 highs

24 Jul 2014
NZ dollar slides to 6-week low as RBNZ's Wheeler invokes intervention criteria

NZ dollar slides to 6-week low as RBNZ's Wheeler invokes intervention criteria

24 Jul 2014
Moa completes $500k placement, seeks up to $5.25 mln in discounted rights issue

Moa completes $500k placement, seeks up to $5.25 mln in discounted rights issue

24 Jul 2014
RESEND: Canadian Lynx Platinum wins South Island platinum exploration tender

RESEND: Canadian Lynx Platinum wins South Island platinum exploration tender

24 Jul 2014
NZ Post give network services contract to Vodafone, aiming to cut $19.2M annual spend

NZ Post give network services contract to Vodafone, aiming to cut $19.2M annual spend

24 Jul 2014
National signals short election campaign with Aug 23 launch

National signals short election campaign with Aug 23 launch

24 Jul 2014
FMA satisfied with 'pre-offer' talks before prospectuses, sees no need for further regulation

FMA satisfied with 'pre-offer' talks before prospectuses, sees no need for further regulation

23 Jul 2014
NZ posts eighth monthly trade surplus in June

NZ posts eighth monthly trade surplus in June

23 Jul 2014
Sealord appoints McCain Food's Yung as new CEO

Sealord appoints McCain Food's Yung as new CEO

23 Jul 2014
NZ dollar falls after RBNZ says kiwi's strength 'unjustified', stoking intervention talk

NZ dollar falls after RBNZ says kiwi's strength 'unjustified', stoking intervention talk

23 Jul 2014
RBNZ hikes OCR to 3.5%, says ‘period of assessment’ now needed; dollar tumbles

RBNZ hikes OCR to 3.5%, says ‘period of assessment’ now needed; dollar tumbles

23 Jul 2014
While you were sleeping: Apple bolsters optimism

While you were sleeping: Apple bolsters optimism

23 Jul 2014
Xero sees 80% revenue growth this year, Intuit 'spooked', says Drury

Xero sees 80% revenue growth this year, Intuit 'spooked', says Drury

23 Jul 2014
MARKET CLOSE:NZ shares gain on blue-chip appeal as ikeGPS debut fizzles

MARKET CLOSE:NZ shares gain on blue-chip appeal as ikeGPS debut fizzles

23 Jul 2014
NZ dollar extends drop vs. A$ after Australian inflation accelerates; RBNZ looms

NZ dollar extends drop vs. A$ after Australian inflation accelerates; RBNZ looms

23 Jul 2014
English says New Zealand dollar 'unsustainably high', out of line with commodity prices

English says New Zealand dollar 'unsustainably high', out of line with commodity prices

23 Jul 2014
UPDATE: IkeGPS shares drop 14% in debut on tech-flooded bourse

UPDATE: IkeGPS shares drop 14% in debut on tech-flooded bourse

23 Jul 2014
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