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While you were sleeping US jobs, consumers surprise
By Margreet Dietz Nov 2 (BusinessDesk) - Wall Street received much-needed good news in the form of better-than-expected data on the American jobs market and consumer confidence, bolstering optimism about a recovery in the world's largest economy. Applications for unemployment b...
Elevation bid to wind up Marlin falls short with 20 percent support
By Paul McBeth Nov. 1 (BusinessDesk) - Elevation Capital Management's bid to dump Fisher Funds as the manager of listed investment firm Marlin Global and wind up the portfolio fell short at today's annual meeting, winning 20.2 percent of the vote. Elevation, which joined Marli...
MARKET CLOSE NZ shares fall; Fletcher gives up gains, Skellerup disappoints
Nov. 1 (BusinessDesk) – New Zealand shares fell as Fletcher Building gave up early gains and Skellerup Holdings was punished a second day for lowering its guidance. NZ Oil & Gas and PGG Wrightson rose. The NZX 50 Index fell 25.99 points, or 0.7 percent, to 3931.88. Within the in...