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MARKET CLOSE: NZ shares rise; Pumpkin Patch, Mainfreight advance
May 31 (BusinessDesk) - New Zealand shares rose, pushing the NZX 50 Index to a week-high, as Mainfreight extended gains after posting record earnings yesterday and Pumpkin Patch named veteran retailing executive and investor Rod Duke to its board. The NZX 50 rose 6.94 points, o...
NZ dollar poised for 7.9% monthly fall as Europe saps risk appetite
By Paul McBeth May 31 (BusinessDesk) - The New Zealand dollar is poised for a 7.9 percent decline over the course of May as fears about Spain's banking sector and the prospect of Greece quitting the euro weigh on investors' appetite for higher-yielding, riskier assets. The kiw...
Pumpkin Patch adds Briscoe boss Rod Duke to board
(Fixes error in 2nd graph identifying Duke as audit committee chair) By Hannah Lynch May 31 (BusinessDesk) - Pumpkin Patch, the children’s clothing retailer, has announced two new directors will join its board, one of whom is Briscoe Group managing director Rod Duke. Duke wil...
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