Wall Street traded higher, though both the Dow and the Nasdaq gave up some of their earlier gains.

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.

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.

Xero may reach positive operating earnings in 2018 and achieve bottom-line profit the following year, according to brokerage First NZ Capital.

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.

Xero said it has sufficient cash reserves to reach breakeven without having to raise more capital.

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.

The former state owned enterprise will soon be known as Mercury.

Tourism Holdings' margins have improved in New Zealand and Australia, giving the company confidence to predict growth over 2017 and 2018.

Skellerup Holdings cut its annual earnings guidance for a second time, projecting a lower profit than 2015 as weak milk.

NZX posted a 9.6 per cent gain in first-quarter revenue as more companies turned to the debt market to raise funds.

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.

Billionaire and activist investor Carl Icahn said he has sold his Apple stake.

The loss was $2.9 million in the 12 months ended March 31, from a loss of about $5.6 million a year earlier.

Trading platform operator CMC Markets has launched share contracts over the top 45 stocks listed on the NZX.

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.