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NZ Super Fund's bumper year for staff
Senior managers at staff at the NZ Super Fund received $1.39m in bonuses in the past year, after turning in a 25 per cent return for its Government owners.
Summerset share price set -$1.40 each
Summerset Group, the retirement village operator preparing a partial float, has set its listing price at $1.40 a share, the bottom end of the indicative range.
World markets up after new Euro debt moves
World markets rose overnight after intervention by the Bank of England and the European Central Bank eased fears about the European debt crisis.
Shares inch up amid growing optimism over Europe
New Zealand shares rose yesterday, with OceanaGold, ANZ, Westpac and AMP leading the gains as equities reflected more optimism over Europe.
Weldon says he's not leaving for politics
Outgoing NZX chief executive Mark Weldon has knocked back speculation that he has political ambitions. Market watchers are giving a mixed verdict on his ten years at the helm.
New Telecom tipped as takeover target
The 'New Telecom' - formed when its Chorus network business is split off in November will be the third biggest company on the NZX and a potential takeover target.
NZX chief Mark Weldon resigns
Mark Weldon has announced he is stepping down as chief executive of NZX Ltd, the operator of the New Zealand Stock Exchange. NZX has just confirmed Weldon told the board he will step down as chief executive in the first half of next…