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![Cushings lift Kirks holding to 19.55pc - just under takeover threshold](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Cushings lift Kirks holding to 19.55pc - just under takeover threshold
Selwyn and David Cushing have lifted their stake in Kirkcaldie & Stains, the iconic Wellington department store owner, to 19.55 percent.
![NZX joins world share slide, down 0.9pc](/pf/resources/images/placeholders/placeholder_l.png?d=796)
NZX joins world share slide, down 0.9pc
New Zealand shares have opened down 0.9 per cent this morning, after world shares fell over the weekend after bad US jobs news.
![Metlifcare merger gets independent greenlight](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Metlifcare merger gets independent greenlight
Metlifecare's $216m merger with two other retirement village operators has been approved in a report prepared by indepdendent assessors.
![Wall St mixed after Euro 'dead cat' bounce](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Wall St mixed after Euro 'dead cat' bounce
US stocks have closed mixed after a day of bumpy trade, as eurozone turmoil kept a shadow over world sharemarkets.
![Fonterra's TAF scheme needs 'strong' mandate](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Fonterra's TAF scheme needs 'strong' mandate
Fonterra says it won't go ahead with its Trading Among Farmers scheme without a clear mandate from its farmer members.
![Warehouse looks to sell, lease back property](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Warehouse looks to sell, lease back property
Discount retailer Warehouse Group said it plans to sell three stores and its Wiri distribution centre on a sale and leaseback basis for about $100 million.
![Report of IMF rescue loan for Spain](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Report of IMF rescue loan for Spain
Market optimism grew a little on results of a Greek poll and reports that the IMF has begun preparing for a potential rescue loan for Spain.
![Pumpkin Patch adds Briscoe boss to board](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Pumpkin Patch adds Briscoe boss to board
Pumpkin Patch has announced two new directors will join its board, one of whom is Briscoe Group managing director Rod Duke.
![Sales jump helps Ecoya post maiden operating profit](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Sales jump helps Ecoya post maiden operating profit
Scented candle and skincare products company Ecoya said it made a maiden annual operating profit after sales jumped 58 per cent.
![Mainfreight shares rally as profits leap](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Mainfreight shares rally as profits leap
Shares in logistics company Mainfreight have rallied after it revealed a 39pc annual profit leap.
![Mainfreight profits leap 39pc](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Mainfreight profits leap 39pc
Mainfreight said its annual profit of $65.7 million was up nearly 40pc on the previous year.