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Contact Energy unveils $350m geothermal rights issue
Contact Energy has announced a one-for-nine renounceable rights issue to raise around $350m to help fund new geothermal power station.
<i>NZ stocks:</i> Flat start after Easter
The New Zealand sharemarket returned from the Easter long weekend to a little buoyancy in early trading.
Aussie stocks: Market shrugs off negative sentiment
The Australian sharemarket shrugged off negative sentiment in early trading to close slightly higher.
NZ stocks: NZ market follows US lead
The New Zealand sharemarket rose today after receiving a positive lead from the United States market on Friday.
Nasdaq chief furious over NYSE bid rejection
Nasdaq has appealed to shareholders in NYSE Euronext, pressing the case for its $US11.3b takeover offer, after the NYSE board summarily rejected the bid and said it would stick to a lower-priced deal to merge with Germany's Deutsche Brse.
NZ stocks: Fletcher Building gains drive market
Solid gains by blue chip stocks, including a fresh three-year high for Fletcher Building, drove the New Zealand sharemarket higher today.