![Dollar takes a surprise dip](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Dollar takes a surprise dip
The New Zealand dollar took a sudden and unexplained dip in early trading yesterday, fuelling speculation that the Reserve Bank may have chosen to exploit thin trading conditions.
The New Zealand dollar took a sudden and unexplained dip in early trading yesterday, fuelling speculation that the Reserve Bank may have chosen to exploit thin trading conditions.
Mega's chief executive doesn't think the seizure of 20 per cent of the company's shares will cause problems for its backdoor listing on the New Zealand stock exchange.
People who sit out for long stretches while waiting for the perfect entry point into the markets are giving up their single most precious asset: Time.
Listed retirement giant Metlifecare pushed up annual net profit after tax 18 per cent to $68.8 million after removing non-recurring items.
Air New Zealand is set to announce a sharp increase in profit this week which the airline will welcome as a shift in focus from the negative publicity that has hit it this year.
Recently released profit figures confirm that our largest listed companies have not taken full advantage of the buoyant economy.
An Auckland stockbroker who admitted fraud has today been sentenced to six years in prison.
Spark, the company formerly known as Telecom, says its strategy to turn its business around “is gathering pace” as it announces positive full-year result.
Vector saw net profit after tax fall 16.9pc in the year to June 30 as regulator-mandated cuts to its monopoly assets bit into revenues.
Xero boss Rod Drury is disappointed with the sell recommendation Craigs Investment Partners has slapped on the company's stock.
Shares in Skellerup Holdings declined after the industrial rubber goods maker missed analyst estimates for annual profit.
Despite decades of academic research, there is little agreement about the precise definition of entrepreneurship.
Industrial rubber goods maker Skellerup more than doubled annual profit following an insurance payout from the Canterbury earthquakes.
New Zealand's biggest listed company is planning a five-fold surge in house building, concentrating mainly on Auckland, where it is negotiating to buy a big site in the city's northwest.
Cost savings have helped Mighty River Power boost profit by 84 per cent and pay a dividend slightly above expectations.
Broker Craigs Investment Partners has slapped a sell recommendation on Xero shares after initiating research of the online accounting software firm.
NZX-listed Scales Corp says its subsidiary Polarcold will build a new cold store at Ports of Auckland's intermodal freight facility at Wiri.
NZ could become a "superpower" of the global craft beer market, with demand for Kiwi brews expected to triple, according to research by ANZ.
Meridian Energy has fattened its dividend and is hinting of a possible return of capital next year after beating prospectus forecasts in its first annual result.
New Zealand's biggest NZX-listed business is forecast to declare a $355 million to $366 million normalised annual net profit after tax tomorrow, up on last year's $326 million.