Trade Me lifts profit, issues warning
Trade Me, New Zealand's largest online auction site, posted slower profit growth for 2013 and warned earnings growth would remain tepid in the coming year.
Trade Me, New Zealand's largest online auction site, posted slower profit growth for 2013 and warned earnings growth would remain tepid in the coming year.
The New Zealand dollar dropped almost half a US cent and the NZX suspended trading after a 6.2 magnitude earthquake rocked Wellington.
Funding generated by the Government's asset sales programme now extends to the $40 million bill for the Mighty River share loyalty bonus scheme.
Skellerup Rubber Services has been accused of selling faulty rubber rings to PVC pipe maker Marley New Zealand.
The FMA files civil proceedings against Diligent founder Brian Peter Henry for alleged involvement in the manipulation of company shares.
Heartland New Zealand wants changes made to rules on low-ball share offers.
A weaker New Zealand dollar and signs of life in the US housing market have combined to drive the share price of timber products group Tenon higher.
Xero, the Kiwi accounting software provider that's yet to turn a profit, is now worth more than $2 billion.
Trading on New Zealand's stock market has been restarted after a three hour halt caused by technical issues.
A sell-off by international investors is likely to be behind the weakness in Mighty River Power's share price, say analysts.
Xero chairman Sam Knowles and chief operating officer Alastair Grigg have cashed in some of their shares, which have more than tripled in price in the past 12 months.
Ebos Group's $1.1 billion acquisition of Australian firm Symbion this week again highlighted an ongoing issue with getting independent research on NZX-listed companies.