
Stock Takes: Genesis float timetable tight
The Government has given itself a tight timetable for the Genesis Energy float...
The Government has given itself a tight timetable for the Genesis Energy float...
Kiwisaver provider Milford Asset Management played a key role in sealing BurgerFuel's partnership deal with the founders of the Subway sandwich chain.
BurgerFuel hopes to open 1000 new stores over the next eight years after selling a 10 per cent stake to the founders of the Subway sandwich chain.
Retirement village company Summerset has unveiled a 46 per cent jump in underlying profits.
The intelligence software developer, just beat its forecast annual sales by attracting customers to its suite of services.
While the sharemarket has been overloaded with a raft of company financial reports this week, the fixed interest market has had a flurry of its own announcements.
A controversial bid to mine an area of seabed off the North Island's west coast has met a backlash, with only a handful of several thousand submissions in support of the plan.
Fisher & Paykel Healthcare, which makes breathing masks and respirators, raised its full-year profit guidance, likely to be $97m, on increased demand for its devices.
The movie The Wolf of Wall Street is having an impact on market regulation, particularly in the United States.
Summerset said it gained resource consent to build a $55 million retirement village in New Plymouth.
Jewellery chain Michael Hill International posted first-half earnings that met its guidance of last month after lifting sales.
Trade Me's stoush with real estate agents over its fee increases for property listings has driven a down-grade from one analyst.
Cloud-based accounting software developer Xero, has appointed former Microsoft chief financial officer Chris Liddell as its new chairman.
Opus, the engineering firm with one of four mandates to lead design the Christchurch rebuild, reported a 2.6 per cent decline in annual profit.
A small telco is accepting payment by Bitcoin and says it is first company in the industry from New Zealand to accept the digital currency.
An Australian company is planning to set up a Bitcoin ATM in Auckland, which would let users buy and sell the digital currency for cash.
Details of how the Government plans to float Genesis Energy could be out by the end of next month, but fund managers say it will need to be heavily discounted.
The outcome of this year's election is still a major unknown but one analyst has already started factoring it into his recommendations for the energy sector.
Greens-Labour policy biggest of sector's issues and MRP hurting most, says broker.