Tamsyn Parker: Buyer beware the Meridian float
Markets writer Tamsyn Parker says details for Meridian Energy's share market float provide both a huge incentive and the potential for a huge disaster for investors, writes Tamsyn Parker.
Markets writer Tamsyn Parker says details for Meridian Energy's share market float provide both a huge incentive and the potential for a huge disaster for investors, writes Tamsyn Parker.
Details of the Meridian Energy share float have been released, and new shareholders will only have to pay 60 per cent up front for a stake in our biggest power company.
More than two weeks into Fonterra's botulism contamination crisis, New Zealand-made Karicare baby milk commands pride of place in many Hong Kong retailers.
New listings targeted as sharemarket operator reports a bumper half-year with net profit doubling to $6.4m.
Is 100% Pure just a marketing slogan coined to attract tourists to New Zealand?
A fund manager has raised concerns over Moa's ability to execute its international growth strategy if the craft beer maker is failing to sustain momentum.
Funding generated by the Government's asset sales programme now extends to the $40 million bill for the Mighty River share loyalty bonus scheme.
Moa chief executive Geoff Ross has described the company's poor trading update as "outrageously disappointing" as its share price plunged this morning.
Analysts say figures disclosed in Meridian's annual result makes it attractive to potential investors in spite of a near half billion dollar hit.
Fonterra's infant formula scare appeared to have little impact on dairy prices.
Share traders are being replaced by maths geniuses who use supercomputers to beat the markets. But are the "quants" a force for good or evil?
When politicians talk about making the labour market more flexible, it means ensuring that the demand and supply of labour determines the wage rate. writes Peter Lyons.
Supermarket giant Foodstuffs Auckland has pushed sales up 5.5 per cent in what it described as a challenging environment.
Kiwi winemakers are often toasted for punching above their weight but what do foreigners really think of our vintages?