Latest from Companies

High fees don't mean high returns

COMMENT: It is hard to see any correlation between fees and returns, Brent Sheather writes.

Wall St slips, stocks ease from records

Wall Street slipped as investors reassessed valuations in a market trading near record highs.

Biggest companies in the world in 2016

The Fortune 500 list of the world's biggest companies features Apple in the top 10 for the first time.

NZ shares rise, led by A2 on formula update

New Zealand shares edged higher, led by A2 Milk Co after it reassured the market about its infant formula business.

NZ dollar little changed as greenback momentum slows

The New Zealand dollar was little changed as the greenback lost some of its lustre in the Asian trading session, having touched a six-month low on a dip in dairy prices.

Facebook 'misled' EU with Whatsapp data

Facebook risks a multimillion-euro fine for allegedly misleading EU merger watchdogs when it won approval to buy the WhatsApp messaging service.

Milford to close out private equity fund

Milford Asset Management will close out its recently launched private equity fund earlier than planned after finding more investor interest than expected.

Wall St record rally continues

Wall Street climbed to fresh records, amid the momentum of optimistic sentiment about the outlook for US economic growth and corporate

NZ shares rise led by Tegel

New Zealand shares rose as Tegel Group Holdings continued its rebound from last week's record low while Warehouse Group dropped after weaker earnings guidance.

Janet Yellen's long-waited move

US Federal Reserve chair Janet Yellen's announcement of an official rate hike marked a significant milestone for the world's financial markets.

NZ shares down, Tegel, Orion, Sky TV suffer

New Zealand shares fell again, led lower by Tegel Group Holdings which cut its guidance, Orion Health Group and Sky Network Television.

NZ shares fall, Sky TV drops after profit warning

New Zealand shares dropped after Sky Network Television gave a profit warning, while A2 Milk Co extended its decline .

NZ dollar rises above 72 US cents as greenback slips

The New Zealand dollar rose above 72 US cents as the greenback weakened before the Federal Reserve's latest policy statement.

Craigs recommends Hellaby shareholders sell to Bapcor

Craigs Investment Partners has written to its partners recommending that shareholders in Hellaby Holdings accept the offer from Bapcor at $3.60 a share.

Nosh faces an ultimatum, sell or close

Veritas Investments will wind up its unprofitable Nosh supermarket business to keep in the good graces of its lender, ANZ Bank New Zealand.

US official rates set to rise

Home owners will get a steer tomorrow morning as to the future direction of their mortgage interest rates.

SKY issues profit warning, shares fall 8%

SKY TV has cut its 2017 earnings guidance citing rising content costs and falling revenue and subscribers.

Shares in Orion rise with new deal

Shares in outgoing NZX 50 member Orion Health have risen by 2.3 per cent after the IT healthcare business said it had signed a new, expanded agreement with an American client.