Equity boss on collapse: 'Who cares?'
You would hope the private equity industry has learned a thing or two from the collapse of Dick Smith.
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.
New Zealand shares rose as investors took a favourable view of the outlook for some companies after earnings season.
NZ King Salmon could have done without an aquatic visitor during a recent tour of its Marlborough Sounds sea farms by institutional investors.
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.
Analysts call the tech company's performance 'dreadful' after it more than doubled its first-half loss.
a2 Milk has reported sharp lift in earnings driven by increased infant milk formula sales.
New Zealand shares were mixed as dividend payments weighed on investors' minds.
BurgerFuel says today it is going ahead with its US expansion plans.
New Zealand shares rose, led by Tegel Group on prospects for growth in Australia, while Port of Tauranga dropped following broker downgrades.
Australia allowing imports of raw New Zealand chicken is a boon for Tegel.
New Zealand shares fell from a record led by Fletcher Building and Spark New Zealand ahead of their results over the next two days.
New Zealand shares gained as early earnings reports skewed positive, with Steel & Tube Holdings and Summerset Group gaining on their results.
Sportspeople love pulling out the "it's been a journey" cliche when scrambling to say something profound during post-match interviews.
Port of Tauranga chief executive Mark Cairns says Forsyth Barr's recent decision to retain an "underperform" rating on the port's
New Zealand shares rose, pushing the S&P/NZX 50 Index to a new record on optimism the lack of profit warnings running into earnings season.
NZ shares rallied yesterday with global markets after positive leads from the US, with the local market led by Kathmandu Holdings and ANZ Banking Group.
As reporting season ramps up, analysts say firms will be punished if results fail to live up to high share prices.
NZ shares rose for a second day amid bullish expectations for A2 Milk's growth and earnings.