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While you were sleeping Fed comes to the rescue
By Margreet Dietz Dec 13 (BusinessDesk) - Wall Street advanced after Federal Reserve policy makers said they are extending and expanding their efforts to stimulate growth in the world's largest economy. "The Committee remains concerned that, without sufficient policy accommodat...
Summerset, Metlifecare join NZX 50, ousting NZ Refining, Goodman Fielder
Dec. 12 (BusinessDesk) - Retirement village operators and developers Summerset Group and Metlifecare will join the stock exchange's benchmark NZX 50 Index next week, replacing Goodman Fielder and NZ Refining. Summerset, with a market cap of $474.8 million, and Metlifecare, val...
MARKET CLOSE NZ shares fall as investors lock in recent gains; CEN, TEL, FBU drop
Dec. 12 (BusinessDesk) – New Zealand shares fell, led by the biggest companies on the bourse, Contact Energy, Fletcher Building and Telecom, as investors took advantage of the NZX 50 Index’s outperformance to lock in gains. The NZX 50 fell 30.92 points, or 0.8 percent, to 3995....
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