
Wynyard's capital raising 'discount' for shareholders
Major shareholders will effectively get a further 4 per cent discount for committing to the $30 million rights offer.
Major shareholders will effectively get a further 4 per cent discount for committing to the $30 million rights offer.
Coats Group, the UK-based threadmaker that grew out of diversified investor Guinness Peat Group, has committed to retaining the $708 million generated from asset sales
Our sharemarket's biggest company, Auckland Airport, is proving somewhat of a conundrum to analysts, investors and fund managers.
Wynyard Group says a planned share placement is no longer viable and is considering other capital raising options including a rights offer.
Shareholders are being told to vote against a takeover bid for the technology company.
Businessman Peter Huljich and entities linked to him are set for a $26 million pay out if the Diligent Board Member Services takeover goes ahead.
Nuplex has been in secret talks with one of its rivals and says it has received a good offer.
Veritas Investments shares plunged 42 per cent after the food and beverage investor downgraded its outlook for earnings and nixed a first-half dividend.
New Zealand shares fell following oil-driven weakness in US and European markets, with Nuplex Industries and Sky Network Television while Air New Zealand rose.
If you need to sell shares or are about to retire and need to calculate your superannuation payout, then even a few weeks fall in prices may start to look like a serious bear, writes Michael Rafferty.
A Bank of America survey reveals the iPhone remains China's most popular phone brand.
A new year, and it appears Just Water International boss Tony Falkenstein isn't looking to back down from being a thorn in the side of sharemarket operator NZX.
While stock plunges in countries like the US can pose major economic challenges because of the impact on household wealth, that's less been the case in China.
New Zealand shares fell for a fourth day as fears over China's economy cloud global markets.
What Wall Street has taken to calling the FANG stocks - Facebook, Amazon.com, Netflix and Google - had an amazing year, with gains ranging from 34 to 178 per cent.
Fund managers say the poor performance of many recent sharemarket floats has impacted investor appetite for new listings.
Just Water International and Coats have revived the controversy regarding the delisting of NZX companies, which was covered in the October 24 column.
OPINION: The savings you can make shopping around for insurance are certainly worth the hassle, writes Mary Holm.
Back in August, it would have been difficult to imagine the S&P/NZX 50 notching up yet another year of double-digit returns.
More than a few business leaders will be quietly enjoying the troubles of the world's first publicly-listed law firm, writes Christopher Niesche.
The company behind products like Maxigesic will be listed on NZX.
Pacific Edge widened its first-half loss, spending more on the roll-out of products across America.
Mark Lister talks shifts in currency and interest rates have dominated the investment landscape.
New Zealand shares rose to a new record close, led by a2 Milk Co as Australian investors continued to back growing demand for the milk marketer's infant formula.
Bunnings, the hardware chain owned by Australian Wesfarmers, has more than doubled annual profit in New Zealand.
Despite the carnage from the Paris terrorist attacks, world financial markets have been relatively resilient in the face of political change.