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While you were sleeping Stocks up before Alcoa results
By Margreet Dietz July 9 (BusinessDesk) - Equities on Wall Street and in Europe gained as investors awaited the unofficial start of the US second-quarter earnings season with the results of Alcoa due after the close of the American markets. The aluminum producer is expected to...
MARKET CLOSE NZ shares eke out gains; Ryman, Xero at record
July 8 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to the highest close since late May, as Ryman Healthcare resumed its gains to a new record and Xero continued to draw investors betting on its global expansion plans. The NZX 50 rose 3.433 points, or 0.1...
English hints at wrangling among Solid Energy’s lenders
July 8 (BusinessDesk) – Finance Minister Bill English has indicated that differences among Solid Energy’s banks and other lenders are to blame for the fact there is no sign of a resolution to the troubled state-owned coal miner’s emergency management regime, five months after it...