Latest from Companies

Tech firm's ambitious plan
Wireless charging technology developer PowerbyProxi wants to have a $30 million to $40 million capital raising this year.

Liam Dann: Rebel onslaught shakes global economy
Liam Dann asks, "What sort of economic fallout can we expect if Baghdad falls? It is a question that has carried serious geopolitical weight for thousands of years."

Velvet touch needed as Wilkins keep eyes on China
It's a long way from netball hoops to jumping through the hoops of doing business in China but farmer Mike Wilkins is aiming as carefully as his former Silver Fern wife.

Goodman Fielder plans $27m upgrade of Chch milk factory
Goodman Fielder will spend $27m to expand its Christchurch UHT milk plant, giving it additional capacity to meet increased demand in Asia.

Avocado sales hit record $136 million
New Zealand avocado sales hit $136 million in the season ended April 30, double the previous season's, and setting new records in the export and domestic markets.

Slackers' World Cup goes to Chile
If you're planning to trade Chilean stocks during the World Cup, forget it.

FMA backs Strategic Finance secrecy
Confidentiality agreement helped secure $22m payback deal, says agency head.

Do junk bonds deserve a nicer name?
Junk bonds are back, though in truth they never went away and we've lost track of what these bonds actually were and are: Instruments that allow riskier ventures to be funded.

Five reasons Postie Plus is in trouble
Postie Plus said today it had called in administrators. Markets writer Christopher Adams looks at what's gone wrong.

Postie Plus woes worsen as bank bails
Postie Plus, the worst performing stock on the New Zealand stock market, has appointed administrators after its lenders withdrew support.

IPO experts in hot demand
Investment bankers are putting increasing numbers of companies under the microscope as New Zealand firms line up to cash in on a rising sharemarket.

Liam Dann: Don't let bad apples ruin new boom
Reports that companies are being turned away and told they are not ready for market listing are heartening, writes Liam Dann. Certainly there is no upside for investment banks in being associated with a turkey of a float.

Goldman says buy Brazil as it tips nation to win World Cup
Goldman Sachs say buy Brazilian stocks because the country will win the World Cup, giving a boost to the local equity market. But investors need to move fast as the gains won't last.