Latest from NZX Limited

Childcare roll-up Evolve sets IPO price
Childcare roll-up Evolve Education Group has set the price for its initial public offer at $1 per share giving it a market share of $177 million.

FMA clears Gentrack on prospectus
The FMA will not be taking any action against Gentrack but said the Auckland-based firm could have been clearer in its initial public offer IPO prospectus.

ERoad gets 'please explain' after shares surge
ERoad, the logistics and fleet management company, got a 'please explain' by NZX regulation after its stock gained 16pc in six days

NZX trading volumes boosted by smaller value trades
The number of trades on the NZX rose 6.1 percent to 121,347 last month, compared to the same period a year earlier.

NZ Oil & Gas leads index to record
New Zealand shares rose yesterday, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return given cash flow from production at its Tui oil field.

Spark briefly becomes market's top dog
Spark NZ yesterday briefly reclaimed the top spot as the most valuable company on the NZX, a position it once firmly held in its previous incarnation as Telecom.

NZX's worst shares of 2014 (+graphic)
What are the top 10 worst performing shares of 2014 so far? Find out with a graphic showing the biggest losers.

NZ sharemarket extends gains
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.

Super Fund - loving the fear factor + video
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.

Bank buys into ERoad
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.

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

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

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

Brian Gaynor: Reporting season reveals important truths
The June 2014 reporting season is over, the results have been counted and analysed.

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

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

FMA weighs in on sharemarket blunder
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.

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

Gentrack 'deeply regrets' downgrade
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.

Trust investors query pay system
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.

Weldon to woo investors
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.

Former NZX boss to head MediaWorks
Former NZX boss Mark Weldon is taking over as CEO of Mediaworks, the company which owns TV3, Four and controls half of the country's commercial radio market.

Blunder costs shareholders
NZX is reviewing its processes after a blunder resulted in some investors trading shares in Lyttelton Port when they were unaware of a higher takeover price.

Gentrack remains tight-lipped over profit warning
Gentrack Group is refusing to answer questions after a shock profit downgrade hammered its shares on Friday.