
Swindling stockbroker jailed for six years
An Auckland stockbroker who admitted fraud has today been sentenced to six years in prison.
An Auckland stockbroker who admitted fraud has today been sentenced to six years in prison.
Shares in Skellerup Holdings declined after the industrial rubber goods maker missed analyst estimates for annual profit.
Despite decades of academic research, there is little agreement about the precise definition of entrepreneurship.
Broker Craigs Investment Partners has slapped a sell recommendation on Xero shares after initiating research of the online accounting software firm.
Tugboat crews are threatening to disrupt shipments from the world's biggest iron ore port as they negotiate for increased wages.
NZ could become a "superpower" of the global craft beer market, with demand for Kiwi brews expected to triple, according to research by ANZ.
Meridian Energy has fattened its dividend and is hinting of a possible return of capital next year after beating prospectus forecasts in its first annual result.
Oil and gas exploration and development spending was up 7 per cent last year to almost $1.6b, according to the latest official figures which also show a big jump in gas reserves.
Broker Craigs Investment Partners has given its picks on some of the possible highlights and lowlights of this month's earnings season.
Sam Morgan, who made his fortune when Trade Me was sold to Fairfax, has built a substantial shareholding in security software developer Wynyard Group.
Nuplex Industries has posted full-year profit growth of 18 percent as the chemicals manufacturer fattened its margin on coating resins in Asia and Europe.
As David Chaplin writes, financial literacy - a major theme of the recent Workplace Savings NZ conference - is tough going.
Ports of Auckland, Napier Port and Icepak have formed a joint venture to develop a $20m freight hub near Palmerston North.
SkyCity Entertainment Group profits have taken a big dive, its normalised net profit for the June 30 2014 year down 8.1 per cent to $123.1 million.
Shares in software developer Vista Group opened up 2.1 per cent following the company's stock exchange debut this morning and have continued to rise.
The sharemarket performance of recent IPOs, in New Zealand and overseas, has been extremely disappointing.
Energy companies are taking their controversial fracking operations from the land to the sea - to deep waters off the US, South American and African coasts.
Gentrack - whose shares closed at $2.25 last night, 6.25 per cent below the $2.40 issue price - had been viewed as one of the more dependable technology IPOs this year.
The FMA has contacted the NZX over a blunder that resulted in investors selling shares in Lyttelton Port when they were unaware of a higher takeover price.
Gentrack Group says it "deeply regrets" cutting its guidance so soon after going public, which resulted from a project delay and a payment dispute at two large utility customers.
Katsuyama has done his best to resist responding publicly to misinformation about his company. But in recent weeks, the misinformation campaign has hit a new high (or low).
Investors in $2 billion landlord Goodman Property Trust yesterday questioned its Australian-headquartered manager Goodman Group being paid its annual management fee in units instead of cash.