![Stock Takes: Core business produces 61pc lift for Scales](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Stock Takes: Core business produces 61pc lift for Scales
Apple exporter Scales Corp boosted first-half profit 61 per cent as its Mr Apple unit beat expectations.
Apple exporter Scales Corp boosted first-half profit 61 per cent as its Mr Apple unit beat expectations.
The departure of Fisher & Paykel Healthcare chief executive Mike Daniell might unsettle some investors but is unlikely to derail the company, say market players.
F&P Healthcare's boss Mike Daniell says he'll retire this year, as the company announces an upgrade to its earnings guidance.
Wall St rose overnight, rebounding from one of its worst slumps ever, as investors found value in beaten-down equities.
The country's trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher.
In the first minutes of trade, the S&P/NZX50 was up 28 points, led by post-result gains from Air NZ and Metlifecare.
The New Zealand sharemarket staged a comeback yesterday after being 2.5 per cent down at one point but China's sharemarket rout continues.
New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.
The New Zealand dollar bounced from a six-year low after two days of turmoil spurred by the prospect of deteriorating Chinese economy.
The local sharemarket opened down 2.4 per cent, after a wild overnight ride on world markets.
The US crude benchmark finishing below $US40 a barrel for the first time in six years on China's weakening economy.
It was a dramatic opening on Wall St overnight - was it people or computers putting the pressure on?
The New Zealand dollar slumped to its lowest level in six years after billions of dollars were wiped from financial markets in the US, Europe and Asia.
New Zealand shares dropped yesterday in a global selloff after weak Chinese manufacturing data added to concern about the world's second-largest economy.
Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.
Chorus shares fell after the telecommunications network operator reported a 39 per cent decline in annual profit.
Foreigners don't have all the answers, but they are responsible for Japan's biggest corporate governance successes this year, writes William Pesek.
The international dairy trade has become the most volatile of all commodities markets.
Christopher Niesche writes: The jobs and education portal is a mature business in Australia so it has to look for growth overseas, particularly in Asia.
Until November Apple had sold only US currency bonds but has since expanded its debt issuance to euros, yen, pounds and Swiss francs as well as Aussie dollars.
The directors of OPI Pacific Finance, which collapsed owing $247m, have pleaded guilty to making untrue statements.
Asian markets are developing a sweet tooth, creating export opportunities for Wellington chocolate maker Whittaker's.
Chapman Tripp is predicting more fireworks than usual during the 2015 annual meeting season.
Qantas today reported an annual profit of A$557 million, from a loss of A$2.8 billion the previous year.
Wall St fell overnight after Fed minutes suggested interest rates may not be lifted next month.
NZX boss Tim Bennett remains bullish about the outlook for new sharemarket floats, despite the a lack of listings this year.
Trilogy International shares jumped to a record after the skincare products and scented candle maker agreed to buy privately held CS Company.
The company's NZ profit fell to A$903,000, compared to A$3.2 million a year earlier in what was a "challenging year".