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Stock takes: Meridian D-Day and Fed timing
The price retail investors can expect to pay for Meridian Energy shares will be revealed today when its prospectus is officially lodged with the Financial Markets Authority.
Bernanke boosts markets
The New Zealand sharemarket rallied by more than 1 per cent yesterday after US Federal Reserve chairman Ben Bernanke said he would maintain the country's stimulus programme.
Meridian listing due next month
The Government's decision to move earlier than signalled on the Meridian Energy float shows there is positive interest in the float but pricing will remain key
Big NZX property floats tipped
Investment specialists said yesterday the deals could involve business people with a long and stable track record in development activity with strong entrepreneurial drive.
Kiwi dollar stays on traders' hot list
The New Zealand dollar remains the 10th most traded currency on the world's foreign exchange markets, according to a triennial survey by the Bank for International Settlements.
Shareholder body to vote against Rakon chair
The Shareholders Association will next month vote against the reappointment of Rakon chairman Bryan Mogridge and director Darren Robinson...
Mighty River shares up as profit rises
Mighty River shares are up nearly 2 per cent this morning after a good profit announcement.
NZOG sees need to find new fields
New Zealand Oil & Gas says it should have been developing new oil fields by now as reserves at its producing assets dwindle.
Govt opens forest to prospectors
The Government has opened up much of the volcanic plateau for gold and silver prospecting, including one of the largest tracts of native forest left in the North Island.
Stock Takes: The big deal, Meridian, Z and Moa
The Government's announcement of an early November listing for Meridian Energy confirmed market expectations although the timing was a little bit interesting.
Venture capital tech fund launches with $50m offer
Punakaiki Fund, set up by Lance Wiggs, is seeking to raise up to $50m to invest in early stage NZ technology, internet and design companies.
Editorial: Meridian float made much more enticing
Editorial: The Govt has recognised that it needs to make Meridian a much more enticing proposition if it is to attract a far better take-up from mum and dad investors.
Mobil fights clean up bill
A petrol company says it should not have to pay clean-up costs for decades of petrochemical pollution on prime waterfront land.
SkyCity eyes Manila casino
SkyCity Entertainment Group is eyeing a Manila casino opportunity but has stepped away from Gold Coast plans.
Brokers, institutions keen on Z Energy shares
Shares in Z Energy have been priced at $3.50 each - the middle of an indicative range - after a book-building process.
Stocktakes: Sky Dive for SkyCity
It's been a mixed bag of results for the start of the reporting season...
Angry miners blame Solid Energy bosses
Huntly East miners have lashed out at those in charge of debt-laden state-owned coal miner Solid Energy.
Chris Castle: Seabed mining claims red herrings
Let's get one thing straight. Chatham Rock Phosphate wouldn't be considering extracting phosphate nodules from a tiny fraction.