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Chorus shares plunge again
The Government has launched an independent probe of Chorus' financial position and its ability to deliver on nationwide ultrafast broadband contracts.
Moa shares drop on $6m loss news
Moa boss Geoff Ross says the up to $6 million full-year loss forecast by the craft beer brewer reflects the "triple hit" the company received from a sales shortfall.
Moa says losses could hit $6m
Boutique beer company Moa expects later this month to post a bigger loss than expected full year loss.
Pike River reparation a 'moral' issue
NZ Oil and Gas has a moral obligation to pay Pike River families it's claimed - after shareholders yesterday voted not to fork out $3.41m awarded by judge.
NZOG - no Pike River compo
New Zealand Oil and Gas shareholders voted yesterday not to pay reparation of $3.41 million to the Pike River families.
Mayor: Mine approval great for WC
Grey District mayor Tony Kokshoorn says the resource consent approval for Escarpment coal mine on the West Coast's Denniston Plateau is great news for the district.
NZ tech stocks soar
New Zealand tech stocks continued to soar today. Cloud accounting company Xero touched a new high of $29.30 - giving it a market capitalisation of $3.7 billion.
Moa chases big brewers' customers
Why scrap over 2 per cent of the beer market? That's the question being posed by Moa Brewing Company chief executive Geoff Ross.
Xero share soar on 'war chest' sale
NZ tech darling Xero has raised $180m in new capital - but it's not planning new acquisitions. It's "more about building a war chest" says founder Rod Drury.
NZX warned prices being led by ASX with more dual-lists
An academic says New Zealand's local stock exchange needs to step up its game.
Withers defends MRP buyback
Mighty River Power's $50 million share buyback is more about the company's strong balance sheet than politics, says chair Joan Withers.
Mighty River shares up on buyback news
Shares in Mighty River Power gained 5c today after the company announced that it would buy back up to $50 million of its shares - 6 months after it was listed.