Trustpower Market Update

A survey showed US consumer confidence was at its lowest since 2013.

Many of the factors weighing on Kiwi Property's share price are beyond its control, chair Mark Ford told shareholders.

The serial entrepreneur kept a financial and personal stake in the company, even after its IPO last year. 

New Image delisted from the New Zealand Stock Exchange in May 2013 after its major shareholder gained control. 

The cabin redesign's focus on sustainability lowers operating costs for the airline and gives it a unique selling point.  

Agriculture minister Damien O’Connor has acknowledged the fund investors may feel “unfairly prejudiced” and failure to buy them out could hurt NZ’s investment climate.

NZ shares were lethargic this morning before getting some of the pep back in their step by the end of the day.

A new carbon trading platform aims to bring retail investors and landowners into the carbon market while increasing biodiversity and cutting emissions.

US markets rallied on Friday night as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

The medicinal cannabis company has signed a three-year deal with Harker Herbal Products.

All five of the analysts’ reports BusinessDesk has seen have either “overweight” or “outperform” investment recommendations on Fletcher shares.

Bear markets can be stressful but they also present opportunities for investors, says Salt Funds' Greg Fleming.  

Peter McIntyre, an investment adviser at Craigs Investment Partners, said it had been a “strong performance” in today’s market.

The head of the multinational logistics group says having container cranes sitting idle across the country is a waste of assets

The zero-brokerage fee share trading platform is looking for ways to bring in revenue and make its business model more sustainable. 

Fletcher Building achieved second-half profit margins of 9.5%, just below its target of 10% by the 2023 financial year.

Eroad had a second day as the index’s biggest decliner, falling more than 5% to $1.57 and bringing its decline over the past year to almost 75%.

Fletcher's new plant at Tauriko, due to open next year, will increase industry capacity by 30%.

Even under a “bear-case scenario”, the house building pipeline should support Fletcher’s medium-to-long-term performance.

Some investors in NZ’s market took the opportunity to buy up “beaten up” stock on the index today, Devon Funds' Greg Smith said.

Trading volumes were unusually light, with US markets closed tonight for a national holiday.

The shareholder representatives say the Fletcher board must bear ultimate responsibility for the company’s poor performance and the Gib plasterboard shortage.

NZME has only spent $5.3m of the $30m set aside for share buybacks. 

Are banks being too slow to raise term deposit rates? Some analysts say yes.