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Argosy sells Waitakere Mega Centre for $45.8M to reduce retail property exposure

Argosy sells Waitakere Mega Centre for $45.8M to reduce retail property exposure

By Tina Morrison Aug. 1 (BusinessDesk) - Argosy Property sold its Waitakere Mega Centre in Henderson, Auckland, for its $45.8 million book value as New Zealand's fourth-largest listed property investor seeks to reduce exposure to retail property. The sale to an unidentified...

31 Jul 2014
UPDATE: Gentrack shares slump 19 percent to below IPO price on profit warning

UPDATE: Gentrack shares slump 19 percent to below IPO price on profit warning

By Suze Metherell Aug. 1 (BusinessDesk) - Shares of Gentrack Group  plunged as much as 19 percent  after the airport and utility software company said it won't meet prospectus forecasts for sales and profit because of a customer dispute and a delayed contract upgrade. The s...

31 Jul 2014
NZ dollar slips as greenback lifts on labour data ahead of payrolls report

NZ dollar slips as greenback lifts on labour data ahead of payrolls report

By Tina Morrison Aug. 1 (BusinessDesk) - The New Zealand dollar weakened as US labour market data strengthened the greenback, bolstering optimism of an upbeat US non-farm payrolls report today which may reinforce the case for the Federal Reserve to hike rates sooner than pexpe...

31 Jul 2014
While you were sleeping: Adidas wrong-foots

While you were sleeping: Adidas wrong-foots

31 Jul 2014
Support for National dives just as Parliament rises

Support for National dives just as Parliament rises

31 Jul 2014
MARKET CLOSE: NZ stocks rise; Chorus gains to 4-week high; Telecom snaps 4 day decline

MARKET CLOSE: NZ stocks rise; Chorus gains to 4-week high; Telecom snaps 4 day decline

31 Jul 2014
NZ dollar gains vs. AUD as greenback strengthens

NZ dollar gains vs. AUD as greenback strengthens

31 Jul 2014
UBS rates out-of-favour Chorus a 'buy', Telecom cut to a 'sell'

UBS rates out-of-favour Chorus a 'buy', Telecom cut to a 'sell'

31 Jul 2014
Trade Me will probably lure back real estate listings from rival after backing down on fees

Trade Me will probably lure back real estate listings from rival after backing down on fees

31 Jul 2014
Judges probe as Chorus appeals Comcom pricing

Judges probe as Chorus appeals Comcom pricing

31 Jul 2014
NZ exporters should market more premium products to boost China sales, Boyd says

NZ exporters should market more premium products to boost China sales, Boyd says

31 Jul 2014
CDL Investments posts 44% gain in first-half profit on surge in section sales

CDL Investments posts 44% gain in first-half profit on surge in section sales

31 Jul 2014
FMA approves equity crowdfunding licence to PledgeMe and Snowball Effect

FMA approves equity crowdfunding licence to PledgeMe and Snowball Effect

30 Jul 2014
OceanaGold posts first-half profit on strong first-quarter, Didipio

OceanaGold posts first-half profit on strong first-quarter, Didipio

30 Jul 2014
NZ dollar slides to eight-week low as US dollar jumps on better second-quarter growth

NZ dollar slides to eight-week low as US dollar jumps on better second-quarter growth

30 Jul 2014
While you were sleeping: US economy gathers steam

While you were sleeping: US economy gathers steam

30 Jul 2014
MARKET CLOSE: NZ shares fall led by Telecom; Fonterra extends gains

MARKET CLOSE: NZ shares fall led by Telecom; Fonterra extends gains

30 Jul 2014
NZ dollar holds near 7-week low as US GDP, FOMC loom

NZ dollar holds near 7-week low as US GDP, FOMC loom

30 Jul 2014
Trade Me tweaks real estate listing offerings to keep agents onsite

Trade Me tweaks real estate listing offerings to keep agents onsite

30 Jul 2014
Auckland Airport may value land as high as $2.7 billion, up $745 million from 2011

Auckland Airport may value land as high as $2.7 billion, up $745 million from 2011

30 Jul 2014
RESEND: China acquisition to underpin Methven profit growth

RESEND: China acquisition to underpin Methven profit growth

30 Jul 2014
UPDATE: NZ building consents rose at fastest pace in three months in June

UPDATE: NZ building consents rose at fastest pace in three months in June

30 Jul 2014
NZ banks set to stay profitable in face of increasing competition, Moody's says

NZ banks set to stay profitable in face of increasing competition, Moody's says

30 Jul 2014
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