
Kiwi falls as Fed mulls hike
The New Zealand dollar remained out of favour yesterday, falling 1.7 per cent on the week against the greenback.
The New Zealand dollar remained out of favour yesterday, falling 1.7 per cent on the week against the greenback.
Restaurant Brands lifted fourth quarter sales 37 per cent to $121.6m.
Problems with the NZX's trading system has delayed the stock market from opening today.
Z Energy's decision to hold its annual meeting over the internet has drawn flak from the New Zealand Shareholders Association.
Peter and Anya Hutson and James Reeves latest attempt to wrest control of Abano Healthcare has failed.
Shares of Snap have surged 41 per cent in their debut, as this year's most-hyped technology public offering joins the bourse.
Kate McKenzie became the sole woman at the head of an NZX50 company when she started her new job as Chorus chief executive yesterday.
Rubicon and private investors have agreed to buy Tenon's Clearwood for US$55m.
NZX annual profit dropped 62 per cent as the stock market operator faced mounting costs from the protracted Ralec litigation.
Hellaby Holdings will delist from the NZX by March 8, after ASX-listed auto firm Bapcor succeeded in its $352 million takeover.
Harbour Asset Management has sold down its stake in Intueri Education Group.
NZ shares gained, led by A2 Milk Co and Fisher & Paykel Healthcare, while Metro Performance Glass plunged after disappointing investors.
Intueri Education Group will quit Australia by the end of the year after losing federal government subsidies.
Cash trading volumes on the NZX slowed in January, continuing December's trend, while the value of trading rose despite fewer small trades.
NZ shares dropped, led by Chorus and Fisher & Paykel Healthcare on continued concerns about US President Trump, while Heartland Bank and Air NZ rose.
New Zealand shares rose led by Vista Group International and NZX after an unsettled week.
ASX-listed auto firm Bapcor has installed four new directors at Hellaby Holdings after securing control of the New Zealand firm.
Abano Healthcare has used Healthcare Partners Holdings' interim dividend to offset the cost of a partial takeover.
The independent directors of Hellaby Holdings now support a takeover bid by Bapcor after the offer was declared unconditional.
New Zealand shares fell, led lower by global markets, with ANZ Banking Group and A2 Milk Co down while Vital Healthcare Property Trust gained.
Shareholders who have accepted the offer will receive $3.60 per share within the next 7 days.
Pushpay Holdings says it's moving up the value chain and is in talks with large US vendors about its expanded product offering.
Pushpay says it is on track to reach its ACMR target of US$72 million and breakeven on a monthly cashflow basis by the end of calendar 2017.
Augusta Capital has dropped its High Court proceedings seeking orders requiring listed property investor NPT to call a meeting of shareholders.
New Zealand shares rose, led by Contact Energy and Mainfreight which hit a record, while Arvida Group and ANZ fell.
New Zealand shares were mixed with institutional traders still on holiday.
Maverick shareholder advocate Bruce Sheppard reckons there's lessons for investors from the American Wild West.
Stock market operator NZX is "assessing" Plexure's recent trading after the stock soared 26 per cent a day ahead of an announcement.
New Zealand shares edged lower in light holiday trading, led by Ryman Healthcare and Kathmandu Holdings, while yield stocks Sky Network
New Zealand shares rose in abbreviated trading ahead of the Christmas holiday, led by blue-chip stocks including Auckland Airport and Spark.