New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.

The Commonwealth Bank of Australia has taken a substantial shareholding in ERoad, two months after the logistics and fleet management company floated on the NZX.

Financial markets have been gripped by investor fear in recent days but the boss of the $26 billion New Zealand Superannuation Fund reckons volatility is as much an opportunity as a risk.

Almost a quarter of New Zealand executives think top-level managers' pay packets are out of kilter with reality, a survey suggests.

NZX is offering a new service for the dairy industry to forecast local milk production and calculate milk prices.

The Financial Markets Authority has today issued a warning about General Equity, which it considered has "engaged in misleading and deceptive conduct."

The June 2014 reporting season is over, the results have been counted and analysed.

NZX, the stock market operator, has revealed its new market with lighter disclosure requirements will be called NXT.

The Auckland-based company Vista, whose technology is used to manage cinema operations in 63 countries, pulled off a solid stock exchange debut yesterday.

The FMA has contacted the NZX over a blunder that resulted in investors selling shares in Lyttelton Port when they were unaware of a higher takeover price.

For the first time since the global recession hit, it is now easier to find a job in New Zealand than in Australia.

Gentrack Group says it "deeply regrets" cutting its guidance so soon after going public, which resulted from a project delay and a payment dispute at two large utility customers.

The appointment of former NZX boss Mark Weldon as chief of TV3 owner MediaWorks points towards a future market listing for the broadcasting group, say industry sources.

Investors in $2 billion landlord Goodman Property Trust yesterday questioned its Australian-headquartered manager Goodman Group being paid its annual management fee in units instead of cash.

Gentrack Group is refusing to answer questions after a shock profit downgrade hammered its shares on Friday.

There were no hints of intervention in the foreign exchange market by the Reserve Bank yesterday despite the New Zealand dollar coming within striking distance of its highest point against the US dollar since floating in 1985.

Cinema software developer Vista Group's sharemarket float will set the company up for its next phase of growth, says chief executive Murray Holdaway.

With Gentrack's sharemarket listing done and dusted, chief executive James Docking says his focus is firmly back on growing the business.

Software company Gentrack has debuted on the stock exchange, with its shares rising 7.5 per cent following the company's midday listing.

Serko shares have fallen below the issue price following the company’s NZX debut this morning.

A rollercoaster morning has seen shares in accounting software firm, Xero, drop by almost ten per cent, before rebounding to a decline of just two per cent.

Fonterra Cooperative Group has tapped the president of its China operations, Kelvin Wickham, to head up the newly created global ingredients

Fonterra has been slapped with a $150,000 fine for breaching disclosure requirements to the NZX over the botulism false alarm last August.