Buffett awaits $8 billion of 'bad news'
Warren Buffett is about to get back the $8 billion -- plus a little extra -- that his company invested in.
Warren Buffett is about to get back the $8 billion -- plus a little extra -- that his company invested in.
Shares in the struggling childrenswear retailer have dropped by 9pc in trading, following similar sharp falls last week.
Chinese equities are once again in the cross hairs of short sellers.
NZ Merino has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda.
Nigel Morrison has raised $461,450 by selling a small part of his stake in the casino.
Kiwi boat maker Sealegs is back in the black and has sold its 1000th craft.
Oil broke through US$50 ($75) a barrel last week for the first time since October.
COMMENT: According to the History channel the D-Day Landings in June of 1944 owed their success, at least in part, to the allies' mis-information strategy.
Sanford will book a $5 million impairment charge on the sale of its last Pacific Tuna vessel when it reports half-year earnings.
New Zealand shares rose as Sky Network Television gained on perceptions it may be closer to fair value.
Ryman Healthcare posted another record full-year profit, rounding out 14 straight years of earnings growth as NZ's largest retirement village operator.
Xero may reach positive operating earnings in 2018 and achieve bottom-line profit the following year, according to brokerage First NZ Capital.
Comvita's price target has been ramped up by brokerage Craigs Investment Partners after the manuka honey company posted a 68 percent jump in full-year profit on surging demand in Australia and China.
The Reserve Bank may hold off cutting interest rates until August rather than moving in June because the economy isn't looking so bad and it's tactically better to wait longer.
The Court of Appeal today overturned the High Court ruling and ordered that Vivier be deregistered.
Wall Street declined amid disappointing earnings from Macy's and Disney, adding to concern US consumers are keeping purse strings tight.
Comvita boosted annual profit 68 percent as Australian sales soared, overtaking New Zealand as the manuka honey company's largest market.
Air New Zealand's proposed sale of its 25.99 per cent stake in Virgin Australia could hit turbulence.
NZX director and Forsyth Barr managing director Neil Paviour-Smith has rejected Ralec's claims in the High Court.
Wall Street was mixed after a report showed more jobless benefits were filed than expected.
Like many people I prefer to start Sunday's slowly, with a cup of good coffee and a read of the newspaper's business section, writes Brent Sheather.
Investors edged back to safer bets from more speculative ones overnight.
New Zealand's largest meat processor will hold a special meeting of shareholders on its planned tie up with China's Shanghai Maling Aquarius.