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MARKET CLOSE: NZ shares fall as prospect of new rivals weigh on retirement villages

MARKET CLOSE: NZ shares fall as prospect of new rivals weigh on retirement villages

By Suze Metherell Sept. 16 (BusinessDesk) - New Zealand shares fell, led by Summerset Group Holdings, as the prospect of new rivals weighed on listed retirement village operators. Stocks with regulatory pressure, such as Air New Zealand, Chorus and energy companies fell amid p...

16 Sep 2014
UPDATE: Warehouse rated a 'sell' as investors await proof 2015 will show return on investments

UPDATE: Warehouse rated a 'sell' as investors await proof 2015 will show return on investments

(Adds chairman comment from 10th graph) By Tina Morrison Sept. 16 (BusinessDesk) - Warehouse Group faces a year of reckoning as investors await evidence that New Zealand’s largest listed retailer will get a return on the hundreds of millions of dollars spent overhauling sto...

16 Sep 2014
Eminem sues National Party over copyright breach

Eminem sues National Party over copyright breach

By Suze Metherell Sept. 16 (BusinessDesk) - US rapper Eminem is suing the New Zealand National Party for alleged copyright infringement over unauthorised use of the rapper's 'Lose Yourself' song in the party's election campaign advertisement. Eight Mile Style and Martin Aff...

16 Sep 2014