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.
World sharemarkets are in a bull phase and the New Zealand sharemarket is no exception.
There have been a number of recent comments that the NZ sharemarket is overvalued, just as it was in the mid-1980s, writes Brian Gaynor.
The country's next batch of aspiring entrepreneurs have been given a crash course on the realities of business in Auckland this week.
Warehouse boss Mark Powell wasn't afraid to speak candidly about his pay packet with business journalists in Auckland last week.
Companies that want to list and raise money on a new market proposed by the stock exchange won't have to provide investors with prospective financial information.