
Blunder costs shareholders
NZX is reviewing its processes after a blunder resulted in some investors trading shares in Lyttelton Port when they were unaware of a higher takeover price.
NZX is reviewing its processes after a blunder resulted in some investors trading shares in Lyttelton Port when they were unaware of a higher takeover price.
Police are following the money trail left by paedophiles in paying for material and are using the information to shut down rings that include dozens of people across continents.
Gentrack Group is refusing to answer questions after a shock profit downgrade hammered its shares on Friday.
New Zealand shares fell, led by Xero, A2 Milk Co and Pacific Edge, joining a global sell-off as geopolitical risk spooked investors.
Oil prices in New York have tumbled to their lowest level since mid-March helped by unplanned refinery shutdowns in the US midwest.
The mining company achieved a profit of US$58.9 million in the first three months of the year as production from Didipio came onstream.
News headlines alone, usually help to keep me fairly well abreast of what is happening but they often tell just part of the story.
With its sharemarket listing completed Scales Corporation is poised for expansion, particularly in Asian markets, says managing director Andy Borland.
Shares in Scales Corporation have fallen below their offer price following the fruit marketer’s initial public offering today.
Auckland International Airport has sold US$250 million of bonds at what it says is the lowest borrowing margin for a facility of its kind for a decade.
The Auckland-based company sold 1.3 million shares to the unnamed investors at 38c, a 31 per cent discount to the trading price.
Taranaki oil and gas explorer Tag Oil, of Canada, is expanding into the New Zealand minerals sector through its 49 per cent ownership of a listed Canadian explorer.
The administrators of Postie Plus are staying tight-lipped on whether the struggling clothing chain's shareholders will receive any cash.
ERoad is looking to raise up to $49.5 million in an initial public offer next month as it chases growth in the US market.
Shares of Vista will sell towards the lower end of the indicated price range, as the cinema software developer looks to raise up to $40 million.
For years, wealthy Chinese have been transferring billions overseas to buy pricey real estate, despite their country's currency restrictions. How are they doing it?
Z Energy says margins have risen due to fuel retailers trying to recoup up to $40m they've had to pay to top up losses at Marsden Point oil refinery.
New Zealand technology companies could be unwittingly heading into a "perfect storm" of intellectual property litigation risk as they rush to float on the sharemarket.
A company owned by the Gloriavale Christian Community expects to drill a new oil well this spring with a rig that has recently arrived from Korea.
The June 30 year was another positive 12 months for the NZX as the benchmark NZX50 Gross Index appreciated by 15.8 per cent compared with 30.6 per cent for the previous June year.
Cinema software developer Vista Group's sharemarket float will set the company up for its next phase of growth, says chief executive Murray Holdaway.