![Brian Gaynor: Why did two companies fail?](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Brian Gaynor: Why did two companies fail?
COMMENT: What went wrong? Can directors, management and investors learn any lessons from these corporate collapses?
COMMENT: What went wrong? Can directors, management and investors learn any lessons from these corporate collapses?
The collapse this week of former market darlings Pumpkin Patch and Wynyard Group has raised concerns.
The NZ share market could fall into "correction" territory this week - more than 10 per cent down from its record high on September 7.
COMMENT: Our sharemarket has been singled out as one of the best performer's in the world, which is why it's tipped to fall harder than the rest from here on.
Shareholders say they're concerned about the potential impact of escrow shares on the market and a drop in the share price.
The stock first traded at $1.16 on the NZX, valuing the company at about $160 million.
Whole milk powder, is expected to rise at this week's GlobalDairyTrade auction after two consecutive declines, according to traders.
A top analyst is warning of a "severe fall" in stock markets.
NZ shares rose slightly, led by Summerset Group Holdings and Air New Zealand, while Steel & Tube Holdings also gained.
The volume of cash market trading rose 14 per cent to 152,264 last month from the same month a year earlier.
New Zealand shares fell in light trading, with NZX declining on news its chief executive Tim Bennett will leave the stock market operator.
Tim Bennett took on a challenging role, but market participants say NZX's performance has been disappointing.
Tim Bennett will leave his position as CEO a year earlier than expected.
The board says the takeover bid is "opportunistic" and doesn't represent fair value for the company.
New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios
COMMENT: A strong sense of deja vu has pervaded the NZX, with Ron Brierley purchasing a stake in Wellington Merchants.
New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios.
WATCH NZH FOCUS: A top analyst has drawn parallels between late 2016 and the 1987 market crash.
New Zealand shares fell in light trading, with Ebos Group, Tower and A2 Milk leading the index lower. The S&P/NZX 50 Index fell
Wellington Drive Technologies has taken a $2 million facility from major shareholder SuperLife.
COMMENT: After long decline, there's a glimmer of good news from Mad Butcher owner.
New Zealand shares fell, led by Orion Health Group, as the export-focused software developer contends with a strong kiwi dollar.
Intueri is in a trading halt on the NZX and ASX pending an announcement from the company over "possible sanctions" across the Tasman.
The Nelson-based firm lodged a product disclosure statement for its IPO today.
New Zealand milk price futures have fallen in the wake of the latest GlobalDairyTrade auction.
COMMENT: Keeping an eye on when executives sell shares can pay off, just look at Air New Zealand.
New Zealand shares rose for a third session as investors continued to seek out cheap-looking stocks, with Comvita, Meridian Energy
New Zealand shares rose as some investors rummaged for bargains left over from last week's sell-off.
New Zealand shares rose, snapping a six-session streak of declines.
New Zealand shares extended their slide with little positive news to stem the decline.