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Apparel spend bounces back
A surge in apparel spending has boosted New Zealand's total electronic card sales figures for the third month in a row, however this growth is likely to slow, according to economists.
Mortgagee sales rise by 50%
The number of mortgagee sales has jumped nationwide in the past quarter as worsening economic conditions and lower dairy payouts hit parts of provincial New Zealand.
Dairy price too low for Fonterra forecast
Milk powder prices will need to improve substantially before Fonterra's revised farmgate milk price of $3.85 per kg of milk solids can become a reality, say analysts.
Keith Woodford: Fonterra risks missing the boat, again
Fonterra lacks people who understand the impact of new and disruptive technologies, writes Keith Woodford.
CBL pushes on with plan for listing
CBL Insurance has appointed a new director and is understood to be forging ahead with plans to carry out a stock exchange listing this year.
NAB boosts quarterly profit 9%
National Australia Bank has lifted its quarterly cash profit 9 per cent to A$1.75 billion after a fall in bad debts offset the effect of tough competition among lenders in Australia.
Investors sit back for reporting season
New Zealand shares edged lower yesterday as investors waited for reporting season to get under way. Auckland International Airport and Nuplex Industries fell.
Duke sticking to his guns
Briscoe Group boss Rod Duke is continuing to talk tough on his firm's plans to acquire Kathmandu, despite his offer being rejected by the retailer's board last week.
Caution the theme this reporting season
New Zealand's listed companies are expected to present solid results to the market in the coming months but analysts are predicting cautious outlooks.
4000 homes get lower valuations
About 7000 Auckland residents have successfully challenged their 2014 property revaluations - and the most common outcome has been a fall in the home's CV.
Investors urged to study firms' results
Investors should pay close attention to a company's outlook, sales and profit growth and debt position when it comes to its result, says the chairman of the Shareholders' Association.
The end of haggling over car prices?
Haggling seems as much a part of car shopping as the test drive. But Lexus is plotting to get rid of it.
Stock Takes: Contact plan good for investors
Contact Energy has said goodbye to Australian shareholder Origin and signalled a revision of its dividend policy which will be welcomed by shareholders.
Gold bears return as traders look to rate increase
Gold futures have fallen for the second time in three days amid mounting speculation that the US Fed will raise interest rates.
Wall Street lower on growth, profit concerns
Wall Street fell overnight amid concern about the outlook for worldwide economic growth and corporate profits.
Online tax gets closer
Consumers appear set to pay 15 per cent more for nearly all foreign products bought online.
When the underdog beat Wall Street
Hinds County bucked the trend when it netted US$6.7 million in an interest rates swap deal with a New York derivatives dealer.
Microsoft to invest in Uber
Microsoft has agreed to invest about US$100 million ($152 million) in Uber Technologies at a valuation of around US$50 billion, a source says.
ResMed aims to boost position in China
Sleep disorder device supplier Resmed will acquire Curative Medical in a move it says will give it a leadership position in the Chinese market.
William Pesek: China's market intervention just another method of QE
It's time to call Beijing's stock-market intervention what it really is: quantitative easing, Chinese style, writes William Pesek.
Serco in need of Churchillian diplomacy
Highly regarded grandson of Sir Winston took over leadership of company after its business name was tarnished in the UK.
Dollar's slump boosts exporters
In Stock Takes today, the NZ dollar's slump against the greenback bodes well for a number of NZX-listed exporters, notably Fisher & Paykel Healthcare.
Coats says sale of crafts unit set to be completed
The British-based threadmaker announced the sale of its Europe, Middle East and Asia crafts unit for US$10 million ($14.95 million) in February.