![Kathmandu leads shares higher](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Kathmandu leads shares higher
New Zealand shares gained after Kathmandu Holdings affirmed earnings would rise in line with its guidance. A2 Milk also advanced.
New Zealand shares gained after Kathmandu Holdings affirmed earnings would rise in line with its guidance. A2 Milk also advanced.
Surge lead by a 14pc gain in sporting goods revenue and a 6.6pc increase in its homeware sales division.
Wall Street slid with shares of retailers and car makers amid concern that a better-than-expected pace of consumer spending is not sustainable.
Wall Street was mixed to start its week, with energy stocks falling alongside a drop in the price of oil.
No senior banking executives have received jail time in the U.K. or U.S., but Ireland just handed down three rare convictions.
Fairfax Media, has written down the value of its NZ assets by A$95.3 million (NZ$100 million).
NZ's first and biggest peer-to-peer lender will plead guilty after it told people in letters they had been pre-approved for loans.
Wall Street was mixed amid disappointing earnings from Ford Motor and better-than-expected results from Facebook.
Deal seen as an endorsement of the "high-quality intellectual property" produced by Auckland-based Marker Metro.
COMMENT: Old telephone companies like Verizon thrive while once mighty Internet giants fade.
Trustpower may now have to pay nearly $15 million in tax and interest after losing a Supreme Court appeal.
Pokémon Go may be taking the world by storm, but that doesn't mean it's resting on its laurels.
Nintendo shares plunged by the most since 1990 after the company said late Friday that the financial impact from the worldwide hit Pokemon Go will be limited.
Wall Street slid with the price of oil, pushing down shares of Chevron and Exxon Mobil, as investors awaited a host of key events.
Creditors of defunct electrical retailer Dick Smith have voted in favour of liquidation. Administrator McGrathNicol will take
Wall Street has closed higher, clinching the fourth straight positive week for the stock market.
The practice of telling Wall Street what to expect from quarterly earnings can distort management's priorities.
COMMENT:The UK, like NZ, has had its share of problems in the retail financial advice space.
The New Zealand dollar fell ahead of the Reserve Bank's update on the economy this morning, where governor Graeme Wheeler is expected
Emotional and ideological contagion is becoming a more important source of systemic risk.
The International Monetary Fund's downgrade of its outlook for the global economy weighed on Wall Street overnight.
Economists are slashing growth forecasts and companies are warning of Brexit's dire consequences. London? No, Dublin.
The New Zealand dollar dropped after the Reserve Bank opened the door for interest rate cuts as soon as next month with the extension
Better-than-expected earnings such as from Bank of America as well as a US$45 billion tech deal helped bolster equities on both sides of the Atlantic.
NZX-listed company blames franchisee, with creditors owed hundreds of thousands of dollars.
Xero sees potential for sales growth among businesses in ''English-speaking'' southeast Asia, provided they can wean them off hand-written ledgers.
China's economy grew 6.7 per cent in the second quarter from a year earlier.
The New Zealand dollar is heading for a 1.8 per cent weekly fall on a trade-weighted basis.
Spoofing consists of placing orders without intending to execute them to trick the market into thinking there's interest.