Stock Takes assumes the powers that be at The Warehouse are sharpening their pencils now that book retailers Whitcoulls, Borders and Bennetts have been put up for sale by REDgroup's voluntary administrators.

The New Zealand and Australian dollars have tumbled against the yen as Japan's currency broke through key resistance levels to reach a record high against the greenback.

Equities on Wall St slid again overnight, as Japan's nuclear crisis showed no signs of abating and analysts tallied up the potential economic costs of the devastation.

A TrustPower investor is warning other shareholders to beware of an unsolicited share offer with a twist.

NZ fund managers rated the most stink in the world by Morningstar.

New Zealand continues to rate poorly for investors in managed funds, according to a global study conducted by investment research company Morningstar.