
Rough ride tipped after worst Wall St day since Brexit
Australian investors can expect a rough ride when markets open after Wall Street suffered its worst trading session since Brexit.
Australian investors can expect a rough ride when markets open after Wall Street suffered its worst trading session since Brexit.
The New Zealand dollar retreated from a 16-month high as some traders deemed it had risen too far, too fast.
You would hope the private equity industry has learned a thing or two from the collapse of Dick Smith.
Wall Street was mixed as investors tried to assess whether the US economy is growing at a pace that will warrant the Federal Reserve to raise interest rates.
NZ shares reached a fresh record despite a lack of corporate news, with A2 Milk Co, Ebos Group and Contact Energy leading the index higher.
NZ's benchmark share index is getting a shake-up, with fruit exporter Scales Corporation and cinema software developer Vista Group to join benchmark.
NZ shares rose, led by Comvita on the back of its plans to take control of its Chinese distribution, while Air NZ and Mercury NZ also gained.
Vista Group is heading for the S&P/NZX 50, just two years after its sharemarket debut.
Political uncertainty poses the biggest threat to global sharemarket investors, according to two speakers at the Shareholders Association annual meeting.
Analysts say clouds are gathering on the horizon for some NZX-listed firms.
The Government is defending its oil exploration programme against claims that it is dying.
NZX is proposing rules for more transparency around CEO pay and board appointments.
NZ shares rose in light trading as earnings trickled off, with Auckland International Airport leading the index while A2 Milk Co continued to drop.
New Zealand shares fell after Chorus said profit growth stalled and chief executive Mark Ratcliffe will step down next year.
NZ King Salmon has confirmed its intention to undertake an initial public offering of shares in New Zealand and a listing on the NZX and ASX.
COMMENT: The June year reporting season, which winds down next week, has been a satisfactory one for investors.
New Zealand shares fell as Air New Zealand declined after warning its record profit might not be repeated.
Listed companies usually go to great lengths to avoid confrontational annual shareholder meetings.
New Zealand shares were mixed as dividend payments weighed on investors' minds.
BurgerFuel says today it is going ahead with its US expansion plans.
Oil has been on a bull run after months in the doldrums, pushing up prices at the pump.
New Zealand shares rose, pushing the NZX 50 Index to a new record, as a lack of negative surprises during earnings season.
Motorists face higher costs as petrol edges up in response to higher global oil prices although prices could fall quickly due to weak demand.
The Shareholders Association says it has received strong support in its efforts to force sweeping board and management changes at Rakon.
New Zealand shares rose, led by Tegel Group on prospects for growth in Australia, while Port of Tauranga dropped following broker downgrades.
Software developer's stock has done well since falling off cliff.
Australia allowing imports of raw New Zealand chicken is a boon for Tegel.
Opus International Consultants sank into the red in the first half after writing down the value of its Australian and Canadian businesses.
New Zealand shares fell from a record led by Fletcher Building and Spark New Zealand ahead of their results over the next two days.