The sharemarket performance of recent IPOs, in New Zealand and overseas, has been extremely disappointing.

Gentrack - whose shares closed at $2.25 last night, 6.25 per cent below the $2.40 issue price - had been viewed as one of the more dependable technology IPOs this year.

The FMA has contacted the NZX over a blunder that resulted in investors selling shares in Lyttelton Port when they were unaware of a higher takeover price.

Gentrack Group says it "deeply regrets" cutting its guidance so soon after going public, which resulted from a project delay and a payment dispute at two large utility customers.

Katsuyama has done his best to resist responding publicly to misinformation about his company. But in recent weeks, the misinformation campaign has hit a new high (or low).

Investors in $2 billion landlord Goodman Property Trust yesterday questioned its Australian-headquartered manager Goodman Group being paid its annual management fee in units instead of cash.

NZX is reviewing its processes after a blunder resulted in some investors trading shares in Lyttelton Port when they were unaware of a higher takeover price.

Oil prices in New York have tumbled to their lowest level since mid-March helped by unplanned refinery shutdowns in the US midwest.

With its sharemarket listing completed Scales Corporation is poised for expansion, particularly in Asian markets, says managing director Andy Borland.

Shares in Scales Corporation have fallen below their offer price following the fruit marketer’s initial public offering today.

Auckland International Airport has sold US$250 million of bonds at what it says is the lowest borrowing margin for a facility of its kind for a decade.

Software company Xero will get to a position this financial year where it can make a listing on a US stock exchange "when the timing is deemed right".

Saudi Arabia is removing barriers on one of the world's most-restricted major stock exchanges as the government tries to boost non-oil industries.

The administrators of Postie Plus are staying tight-lipped on whether the struggling clothing chain's shareholders will receive any cash.

ERoad is looking to raise up to $49.5 million in an initial public offer next month as it chases growth in the US market.

Shares of Vista will sell towards the lower end of the indicated price range, as the cinema software developer looks to raise up to $40 million.

New Zealand technology companies could be unwittingly heading into a "perfect storm" of intellectual property litigation risk as they rush to float on the sharemarket.

The June 30 year was another positive 12 months for the NZX as the benchmark NZX50 Gross Index appreciated by 15.8 per cent compared with 30.6 per cent for the previous June year.

Cinema software developer Vista Group's sharemarket float will set the company up for its next phase of growth, says chief executive Murray Holdaway.

New Zealand software company Vista Group has confirmed it is looking to list on the NZX and ASX in a float that will raise up to $100 million.