Latest FromNew Zealand Stock Exchange
![Dairy futures trading hits 10,000 mark](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Dairy futures trading hits 10,000 mark
Trading in NZX dairy futures passed the 10,000-lot mark today for the first time. NZX says this milestone means the market is well on the way towards reaching critical mass.
![Warehouse says it expects 8pc profit fall](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Warehouse says it expects 8pc profit fall
The Warehouse says implementing its strategic plan and reinvestment programme should bring an 8pc fall in profits.
![Air NZ targets $110m profit uplift by 2015](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Air NZ targets $110m profit uplift by 2015
Air New Zealand, wants to lift annual profit by $110 million by 2015 and is picking a better performance than the latest earnings performance.
![Telecom credit rating cut after Chorus split](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Telecom credit rating cut after Chorus split
Telecom's long-term credit rating has been cut one notch by Standard & Poor's to reflect the demerger of the company's Chorus business and the loss of its network revenues.
![Turners and Growers in German takeover bid](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Turners and Growers in German takeover bid
Turners and Growers has received a takeover offer from German company BayWa, with the...
![Fairfax to pocket $530m from Trade Me float](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Fairfax to pocket $530m from Trade Me float
The partial float of Trade Me has been priced at $2.70 a share, and Fairfax will walk away from the float with $530m.