Stock Takes: Volatility failing to put off CBL
Increasing market volatility hasn't put the kibosh on CBL Corporation's plans to pull off New Zealand's second initial public offering of 2015.
Increasing market volatility hasn't put the kibosh on CBL Corporation's plans to pull off New Zealand's second initial public offering of 2015.
Phrases such as "call my cell" and "let's go off email" remain popular among the people who plot insider trades.
Wall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.
The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.
Study says $11.84 billion of New Zealand GDP is at risk from a host of man-made and natural threats during the next decade.
NZ shares are being pummelled this morning after Wall St fell on renewed China fears.
A nationwide series of charging stations for electric vehicles such as the Tesla Model S would boost their acceptability and popularity, writes Juha Saarinen.
Wall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.
Wall St was down overnight as Fed officials left the door open for an interest rate hike this month.
Liam Dann writes: Inflation is not dead and there seems no doubt market volatility and the slowdown in China were top of mind for many.
What is going on in China and why is it having such a profound impact on world financial markets?
Mighty River will spring another 2.5 cents per share special dividend for shareholders, having already given 5c in December.
Apple exporter Scales Corp boosted first-half profit 61 per cent as its Mr Apple unit beat expectations.
The departure of Fisher & Paykel Healthcare chief executive Mike Daniell might unsettle some investors but is unlikely to derail the company, say market players.
If you want to understand what's going on in the stock market, don't assume the past three trading days have been rational.
Wall St rose overnight, rebounding from one of its worst slumps ever, as investors found value in beaten-down equities.
The country's trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher.
New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.
The New Zealand dollar bounced from a six-year low after two days of turmoil spurred by the prospect of deteriorating Chinese economy.
NZ shares have stabilised, with the S&P/NZX50 index down just 9 points today.
Business editor Liam Dann looks at just how much of a concern the China market crash should be for us here in New Zealand.
The local sharemarket opened down 2.4 per cent, after a wild overnight ride on world markets.
It was a dramatic opening on Wall St overnight - was it people or computers putting the pressure on?
The New Zealand dollar slumped to its lowest level in six years after billions of dollars were wiped from financial markets in the US, Europe and Asia.
New Zealand shares dropped yesterday in a global selloff after weak Chinese manufacturing data added to concern about the world's second-largest economy.
Chorus shares fell after the telecommunications network operator reported a 39 per cent decline in annual profit.
Foreigners don't have all the answers, but they are responsible for Japan's biggest corporate governance successes this year, writes William Pesek.
New Zealand share market slumps 2 per cent and almost $60 billion has been wiped from Australia's share market as concerns about China's economy shake investors.
Auckland Airport, New Zealand's biggest by market capitalisation, says global instability is tempering its outlook.