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Wall St climbs to fresh records
Wall Street climbed to fresh records as optimism about the outlook for the US economy prevailed.
Wall Street climbed to fresh records as optimism about the outlook for the US economy prevailed.
Takeover target Hellaby hints at possible breakup on its own terms.
Wall Street rose, pushing both the Dow and the S&P 500 to record highs.
Concern has been raised after reports that Australia's The Star Entertainment Group wants a merger with SkyCity.
Wall Street rose, with the Dow climbing to a fresh record, as did oil prices.
Affable markets boss fixed what was broken but didn't want to overstay his welcome.
NZ shares fell, dragged lower by A2 Milk Co on negative news from an Australian rival, while Fisher & Paykel Healthcare gained after a positive result in court.
New Zealand's sharemarket has been buffeted by major events such as the election of Donald Trump and Brexit.
Yields on US Treasuries climbed and Wall Street was mixed, as energy and bank stocks rose.
Energy stocks fell with oil prices amid a stalemate about an agreement to cut production.
Net profit rose to $3.5 million in the six months ended September 30, from $3.2m a year earlier.
NZ shares were mixed as Orion Health Group plunged following its first-half results, while Sky Network Television and Contact Energy gained.
Augusta Capital has filed High Court proceedings seeking orders requiring listed property investor NPT to call a meeting of shareholders to discuss its hostile bid.
OceanaGold Corp, owner of New Zealand's biggest gold mine at Macraes, is to delist from the NZX at the end of the year to reduce compliance costs.
The stock market operator is seeking feedback on plans to tweak rules for market participants such as brokers and advisers.
The media companies have filed a submission in response to the Commerce Commission's draft determination to decline them merging operations.
NZ shares rose, pushing the NZX 50 Index to a three-week high as gains in offshore equity markets helped sentiment in the domestic exchange.
Abano Healthcare expects to pay a first-half dividend of between 11 and 16 cents per share.
Wall Street fell with bank stocks, while some tech shares including Apple continued a rebound from a recent slide.
Neither Ralec nor NZX will get a payout from their seven-year High Court dispute.
Tech stocks rose as investors took advantage of their post-US-election slump.
US Treasuries dropped, while the greenback strengthened amid expectations Trump will boost spending and inflation.
It was perhaps the most surprising trade in a record-setting week on Wall Street.
NZ shares declined at the end of a volatile week that saw Donald Trump win the US presidency.
The NZX-50 index jumped by 3.3 per cent in the opening minutes of trade.
The decline comes after the Commerce Commission released a preliminary decision against the planned merger between NZME and Fairfax NZ.
New Zealand shares bounced off a four-month low, led up by Metro Performance Glass, A2 Milk Co and Z Energy, as part of an Asian rally.
The sharemarket's great run is over with an 11.4 per cent fall from its record high.
New Zealand share market correction deepens as fears US political concerns start to mount.