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MARKET CLOSE NZ shares slid, as earnings season nerves kick-in, Hallenstein, SkyCity down
Feb. 10 (BusinessDesk) – New Zealand stocks fell, paced by SkyCity Entertainment Group, amid speculation the impending earnings season may show the impact of a high kiwi dollar. Hallenstein Glasson Holdings led the index lower after figures showed weak clothing sales. The NZX 5...
NZ dollar little changed as markets digest US jobs report
By Paul McBeth Feb. 10 (BusinessDesk) - The New Zealand dollar was little changed as investors mulled the significance of a weaker-than-expected US jobs report on Friday ahead of Federal Reserve chair Janet Yellen’s inaugural testimony in front of policymakers this week. The...
Pacific Edge shares jump 5 percent on prospect of sales through DHBs
Feb. 10 (BusinessDesk) – Shares of Pacific Edge, which have soared almost 200 percent in the past 12 months, extended their gains after a deal was signed allowing its bladder cancer test to be used District Health Boards. The stock jumped 4.9 cents to $1.72 after the Health Inn...