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INM to delist NZX shares, haven't traded since 2007
June 15 (BusinessDesk) - Independent News & Media, the Irish parent of Australasia’s APN News & Media, is delisting shares which haven't traded on the New Zealand stock exchange since 2007. The locally listed shares last traded on Sept. 28 2007 for $5.30. INM will continue to l...
IRG full-year loss widens to $1.1 mln as costs rise; assets under review
June 15 (BusinessDesk) - Investment Research Group, the NZAX-listed financial advisory and media company, reported a wider full-year loss on rising compliance costs and accounting adjustments, while income was little changed. The loss was $1.14 million in the 12 months ended Ma...
NZ dollar rises above 78 US cents for first time in month on prospects of Fed easing
By Hannah Lynch June 15 (BusinessDesk) - The New Zealand dollar rose after weak US data fueled speculation the Federal Reserve will take further steps to stoke the world's largest economy, helping underpin global growth. The New Zealand dollar rose to 78.11 US cents just before...
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