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Yellen touts a slow, steady approach
US Federal Reserve chair Janet Yellen said that rates would remain low "for some time" while the economy continues to recover.
Invivo raise a glass to $2m milestone
Invivo Wines has become the first company in New Zealand to raise the maximum amount allowed through an equity crowdfunding campaign.
Synlait shares fall on $6.4m loss
Synlait Milk's share price has tumbled after the Canterbury-based specialised milk powder manufacturer reported a $6.4 million net loss for the six months to January.
Panasonic forcasts price jump
Panasonic's shares jumped after the company forecast profit will climb 23 per cent next fiscal year to the highest since 2008 on demand for housing and car information and entertainment systems.
Stock Takes: Pumpkin Patch stock comes off the boil
Pumpkin Patch shares came off the boil yesterday, ending a three-day rally that had been prompted by the struggling retailer's flagging of the potential for a takeover.
Index slips after profit drops at Fonterra
New Zealand shares fell, led by Fonterra Shareholders' Fund, after the world's biggest dairy exporter lowered its guidance for dividends
Paul Glass: Note of caution over reporting season results
Listed companies release their financial results to investors biannually, in a period informally known as the reporting season.
Pumpkin Patch takeover talk
Shares in children’s clothing retailer soar after ‘third parties’ show an interest.
AMP adds Salt to funds mix
Auckland-based Salt Funds Management has been appointed as the external manager of AMP Capital's $690 million active New Zealand equities portfolios.
Invivo halfway to its $2m target
Fast-growing wine company Invivo Wines raised more than $1 million in the space of a few hours after its equity crowdfunding campaign opened yesterday.
Mark Lister: Poison threat reminder of economic risks
When news broke of the 1080 baby formula threats, there was an immediate financial market reaction.
The Dow: Known by all, used by few
One of the great disconnects of the financial world involves our best-known stock market indicator - the Dow industrials.