Latest FromNew Zealand Stock Exchange
Stocks debut year with solid gains
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.
Stocks cap off sterling year
The number of sharemarket trades hit a record high in December capping off the best year for the New Zealand stock market since 2004.
$40m deal for meat seller
Veritas Investments chairman Mark Darrow says many opportunities exist for expanding the Mad Butcher retail chain.
Mad Butcher to list on NZX
Iconic New Zealand business The Mad Butcher will be listed on the NZX early next year.
Trade Me trading halt as sale confirmed
Trade Me shares are in a trading halt, as announcements confirm Fairfax is selling its 51 per cent stake in the company.
New Carl's Jr: $90k in first week
Restaurant Brands' newly opened Carl's Jr burger store in Mangere has performed ahead of expectations during its first five days of trading, the company says.
PGC shares slump to record low
Shares in Pyne Gould Corp plunged to a record low after yesterday's annual meeting in Auckland.
Tower annual profit leaps 67pc
Tower has posted a 67 per cent jump in full-year profit and said it will return $120 million to shareholders.
Pharmacybrands profit up 52pc
Shares in Pharmacybrands rallied to a three-week high after the rcompany lifted first-half profit 52 per cent.
Price set for Fonterra Shareholders' Fund
Fonterra said it had set its final price for units in the Fonterra Shareholders' Fund at $5.50 per unit - the top end of an indicative $4.60 to $5.50 range.
Fonterra: Muted member response
Fonterra will put in the bulk of shares required for the Fonterra Shareholders' Fund following a muted response from its farmer members.
Warehouse predicts 2013 profit growth
Warehouse Group has reiterated its forecast for this year's earnings to beat those in 2012, and sees signs of growth in consumer spending.
'Fudge this' blooper haunts company
An accountant's blunder in the 2009 accounts of New Zealand Farming Systems Uruguay has come back to haunt a Singaporean commodities giant.
Banks say NZ profits aren't that high
New Zealand's mostly Australian-owned banks are not as profitable as they appear, despite very strong earnings, the NZ Bankers Association says.