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NZ shares rise led by Tegel
New Zealand shares rose as Tegel Group Holdings continued its rebound from last week's record low while Warehouse Group dropped after weaker earnings guidance.
New Zealand shares rose as Tegel Group Holdings continued its rebound from last week's record low while Warehouse Group dropped after weaker earnings guidance.
The New Zealand dollar hit fresh six-month lows today in the face of a stronger US dollar as Donald Trump was confirmed as the next US president.
Wall Street moved higher, as did US Treasuries and gold, as investors remained upbeat about the outlook but also stocked up on more defensive assets.
New Zealand shares rose, led by Infratil and Tegel Group Holdings, while A2 Milk extended its decline.
The New Zealand dollar consolidated below 70 US cents, recovering some ground from Friday's selloff in New York.
Wall Street climbed, a day after the Federal Reserve signalled a steeper path for interest rate increases.
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New Zealand shares fell again, led lower by Tegel Group Holdings which cut its guidance, Orion Health Group and Sky Network Television.
New Zealand shares dropped after Sky Network Television gave a profit warning, while A2 Milk Co extended its decline .
Veritas Investments will wind up its unprofitable Nosh supermarket business to keep in the good graces of its lender, ANZ Bank New Zealand.
Home owners will get a steer tomorrow morning as to the future direction of their mortgage interest rates.
SKY TV has cut its 2017 earnings guidance citing rising content costs and falling revenue and subscribers.
Shares in outgoing NZX 50 member Orion Health have risen by 2.3 per cent after the IT healthcare business said it had signed a new, expanded agreement with an American client.
Wall Street climbed to fresh records, again, while US Treasuries slid.
New Zealand shares continued to drift with Heartland Bank and Ryman Healthcare dropping, while Tower and Kiwi Property Group gained.
International investment giant Vanguard has launched a new ethical fund which excludes tobacco and cluster bombs for NZ investors.
Wall Street was mixed, after both the Dow and the S&P 500 touched record highs again, while oil prices rallied amid a fresh agreement
New Zealand shares dipped, led lower by A2 Milk Co on bad sentiment in the infant formula sector, while Orion Health Group continued to bounce.
Wall Street climbed to fresh records as optimism about the outlook for the US economy prevailed.
Political instability, higher interest rates and inflation are some of the big global trends for investors in 2017, says Pie Funds CEO Mike Taylor.
New Zealand shares rose as Tower extended its gains from a 16-year-low and Orion Health Group climbed, with global equity markets
Wall Street rose, pushing both the Dow and the S&P 500 to record highs.
New Zealand shares declined as Orion Health Group extended its slide following its first-half results, while Tower rose.
The Financial Markets Authority has no plans to follow its UK counterpart and impose limits on the leverage that derivatives issuers can offer their clients.
Wall Street eked out gains, bolstered by bank stocks, while oil prices slid for the first time since OPEC's agreement to lower output.
New Zealand shares rose, led by Kathmandu Holdings and Fletcher Building.
Bapcor has accused the independent directors of Hellaby Holdings of overreaching in their guidance to shareholders.
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Wall Street rose, with the Dow climbing to a fresh record, as did oil prices.
New Zealand shares declined, dragged lower by Ryman Healthcare, Sky TV and Steel & Tube Holdings.