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Xero to reach profitability in 3 years, says broker
Xero may reach positive operating earnings in 2018 and achieve bottom-line profit the following year, according to brokerage First NZ Capital.
Comvita price target raised at Craigs
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.
RBNZ may hold off cutting interest rates until August
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.
FMA wins appeal to deregister Vivier
The Court of Appeal today overturned the High Court ruling and ordered that Vivier be deregistered.
Kiwis pay more for fruit and veges
Food prices rose in April as Kiwis paid more for vegetables such as tomatoes and cucumbers.
Xero posts 67pc jump in revenue
Xero said it has sufficient cash reserves to reach breakeven without having to raise more capital.
Wall St declines as Macy's, Disney disappoint
Wall Street declined amid disappointing earnings from Macy's and Disney, adding to concern US consumers are keeping purse strings tight.
NZX director rejects Ralec funding claim
NZX director and Forsyth Barr managing director Neil Paviour-Smith has rejected Ralec's claims in the High Court.
Wall St seesaws overnight, eyes US jobs
Wall Street was mixed after a report showed more jobless benefits were filed than expected.
Brent Sheather Passive fund suitable for experts too
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.
Wall St, financial shares up overnight
Investors edged back to safer bets from more speculative ones overnight.
Silver Fern agrees to meet on Shanghai Maling deal
New Zealand's largest meat processor will hold a special meeting of shareholders on its planned tie up with China's Shanghai Maling Aquarius.
NZX first quarter sales rise 9.6pc
NZX posted a 9.6 per cent gain in first-quarter revenue as more companies turned to the debt market to raise funds.
Anat Admati: Heavy borrowing is addictive
The intense conflict of interest between bankers and the rest of society is captured well in a passage from "Traders, Guns and Money," a book written by former banker Satyajit Das, writes Anat Admati.
Apple shares lead turn on Wall St
Billionaire and activist investor Carl Icahn said he has sold his Apple stake.
Moa narrows full-year loss by lifting volumes
The loss was $2.9 million in the 12 months ended March 31, from a loss of about $5.6 million a year earlier.
Platform opens contracts on top NZ stocks to world
Trading platform operator CMC Markets has launched share contracts over the top 45 stocks listed on the NZX.
Veritas shares jump on earnings news
Veritas shares are up after the food and beverage company affirmed annual earnings guidance and said its three divisions are all showing signs of improvement.
Swiss watch exports post biggest drop since 2009
Swiss watch exports posted the biggest quarterly drop since 2009 as the industry faces declining demand across all its main markets.
Only one woman named CEO of a major company
Just four percent of S&P 500 CEOs are women. Only 19 percent of those companies' board members are women.