Brian Gaynor: Changing the scores unfair to investors
Normalising profits to bury the bottom line shouldn't be the norm.
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Wall St mixed as US hangs up on AT&T
Wall St was mixed overnight as investors mostly welcomed data showing US business activity and factory orders accelerated more than expected.
Economy on the mend, but global threats loom, says NZIER
New forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown.
Wall St mixed as confidence dips
Consumer and business confidence in Europe and the US has been hammered this past month, unsurprisingly, and yet stocks are mixed on Wall St.
World markets up on welcome Greek bank deal
Better-than-expected US consumer spending and a deal to merge two top Greek banks helped bolster investor optimism overnight.
PGG Wrightson reports $30.7m loss but stays optimistic
PGG Wrightson has reported a bottom line annual loss of $30.7m after a provision for supply of livestock to Silver Fern Farms and other items but is signalling growth in its core seed business.
Private equity, Kiwi style
Debt, disaster, and quick flicks? New Zealand private equity firms prefer a lower-profile, longer-term approach, they tell Nick Smith.
Fairfax to sell part of Trade Me
Trade Me's parent company Fairfax Media Limited has today announced plans to sell 30 per cent and 35 per cent of Trade Me in a float on the New Zealand stock exchange. Former Fairfax chief David Kirk, who made the decision to buy the…