![A2 Milk first-half profit soars](/pf/resources/images/placeholders/placeholder_l.png?d=795)
A2 Milk first-half profit soars
A2 Milk more than tripled its first-half profit as demand for its A2 Platinum infant formula surged in its key Australia, NZ and China businesses.
A2 Milk more than tripled its first-half profit as demand for its A2 Platinum infant formula surged in its key Australia, NZ and China businesses.
NZ shares gained, with Port of Tauranga, Metlifecare and Contact Energy rising, while stock market operator NZX dropping after posting its earnings.
New Zealand shares rose as Contact Energy posted stronger first-half earnings, and Fletcher Building, A2 Milk Co gained.
Babak Hodjat believes humans are too emotional for the stock market. So he's started one of the first hedge funds run completely by artificial intelligence.
Walt Disney Company has boosted its stake in its less successful European sister and promised to support the struggling business with more cash.
Economists said official growth figures could be upgraded later this month after data showed manufacturing output rose by 2.1pc in December.
U.S. stocks extended all-time highs as investors reignited reflation trades following the promise of details from the Trump administration on cutting taxes.
The maker of Cillit Bang, Nurofen and Durex condoms has sealed a $90-a-share takeover of a US baby milk maker.
COMMENT: The NZX has been hit by a serious bout of takeover fever, with bids for Tower and TeamTalk this week.
COMMENT: Anyone fancy a guess as to the return of US shares in the next 35 years? No one knows for sure, Brent Sheather writes.
New Zealand shares fell ahead of earnings season which begins tomorrow, with Metro Performance Glass and Fletcher Building down.
New Zealand shares fell, led lower by Trade Me Group and Fisher & Paykel Healthcare Corp while Warehouse Group gained.
COMMENT: NZ sharemarket is lagging in terms of size, liquidity and the ability to attract new listings.
New Zealand shares fell, with Fletcher Building and Freightways dropping, while A2 Milk Co gained on news a competitor may be taken over at a premium.
New Zealand shares gained slightly, treading water ahead of an earnings season where analysts are expecting weaker growth. Port of Tauranga and Meridian Energy gained while Z Energy dropped.
New Zealand shares fell, joining a global selloff as US President Donald Trump spooked markets with his ad hoc policy decisions.
Australian automotive parts company Bapcor is already considering buying more Kiwi businesses as it closes in on Hellaby.
ASX-listed auto firm Bapcor edged closer to its takeover of Hellaby Holdings, lifting its holding to just below the 90 percent level.
Wall Street was mixed, even as the Dow hit a fresh record high.
Wall Street rose, pushing the Dow Jones Industrial Average above 20,000 for the first time.
New Zealand shares rose, with Comvita continuing its bounce from Monday's plunge and Tegel Group Holdings gaining. The S&P/NZX 50
The New Zealand dollar gained strongly against the Australian dollar after fourth-quarter inflation was weaker than expected across
Wall Street rose amid better-than-expected corporate earnings including from DuPont.
New Zealand shares were mixed, with Comvita bouncing off yesterday's lows and Z Energy up, while Tegel Group Holdings and Auckland International Airport fell.
Z Energy may review its interim distribution policy after reducing debt levels ahead of schedule following its acquisition of Chevron New Zealand's Caltex and Challenge! brands.
Stocks fell on both sides of the Atlantic as Trump formally ordered the US to withdraw from the TPP.
New Zealand shares eked out gains on the first day of trading after US President Donald Trump's inauguration.
The New Zealand dollar rose above 72 US cents as investors remain uneasy about what US President Donald Trump will deliver.
ASX-listed auto firm Bapcor has installed four new directors at Hellaby Holdings after securing control of the New Zealand firm.
Trying to predict the unpredictable is just asking for trouble, writes Mark Lister.