
Hellaby adds $20m in annual sales with acquisitions
Hellaby Holdings expects to add $20m to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ.
Hellaby Holdings expects to add $20m to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ.
Newer crowdfunding sites are giving investors the chance to earn something other than t-shirts and trial products - money.
Around a dozen companies have indicated interest in setting up crowd-funding as new rules come into force making it easier for businesses to raise capital.
Companies that want to list and raise money on a new market proposed by the stock exchange won't have to provide investors with prospective financial information.
Almost 4000 out-of-pocket Lombard investors will still get only "peanuts" after the failed finance firm's receivers reached a $10 million settlement with its directors.
Fixed interest investors face a flurry of bond issuance over the next week or so as corporates look to lock in favourable funding rates.
It's finally happened and the world hasn't ended. "Tapering" is under way and the sun still rises in the east.
Westpac New Zealand said it had an offer of September 2018 bonds aimed at raising up to $800 million.
Having a culture where star talent was allowed to make investment decisions without being checked was a big driver of the global financial crisis.
New Zealand's Catholic Church says it will "reflect" on a decision by Auckland Anglicans to sell out of all fossil fuel investments within two years.
Businesses remain in a buoyant mood, ANZ's monthly business outlook survey found.
New Zealand shares rose on the first trading day of 2013, following gains on Wall Street, as investors drove up companies that have featured on broker lists for 2013, such as PGG Wrightson and Ryman Healthcare.
Three stocks have the strongest backing from brokers in the 2013 broker picks.
If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.
Receivers for Ross Asset Management have signalled they will start selling off some of its assets because its founder does not have the means to cover the costs.
A meeting between financial advisor David Ross and the receivers of his troubled business has borne little fruit.
It's wise to weigh relative advantages of open and closed-end fund structures...