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![Feltex float 'squeezed juice from the lemon' - lawsuit](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Feltex float 'squeezed juice from the lemon' - lawsuit
Feltex Carpets' former director Peter Thomas likened the firm's 2004 float to a lemon from which most of the juice had been squeezed out, according to an email.
![Draft rules for new share market](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Draft rules for new share market
Companies that want to list and raise money on a new market proposed by the stock exchange won't have to provide investors with prospective financial information.
![Hirepool tipped to list](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Hirepool tipped to list
The New Zealand sharemarket may get a new addition in the form of the country's biggest equipment rental company, Hirepool, in the first half of this year.
![Genesis float details revealed](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Genesis float details revealed
The Government says shares in Genesis Energy will be priced in a $1.35 to $1.65 range and would include a loyalty bonus share offer.
![Genesis float bonus plan news today](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Genesis float bonus plan news today
Full details of the Genesis Energy float will be released today including the price range for the shares, a bonus share scheme and the timetable for its sharemarket listing.
![Parity with Aussie dollar tipped](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Parity with Aussie dollar tipped
About 70 per cent of businesses surveyed by ASB Bank expect the New Zealand dollar to reach parity with the Aussie dollar over the coming year.
![Warehouse raises $100m for push into financial services](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Warehouse raises $100m for push into financial services
The country's biggest listed retailer, successfully raised $100 million from institutional investors to help fund its drive into financial services.
![Xero shares close at a new record high](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Xero shares close at a new record high
Shares in Xero have hit another new high today after an announcement that the tech company will be included in a global index for the first time.
![Warehouse moves into world of finance](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Warehouse moves into world of finance
The Warehouse says it's setting up its own financial services operation with the aim of becoming a leader in the NZ field.
![Rakon censure 'timely reminder'](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Rakon censure 'timely reminder'
Rakon has been censured and fined for breaching NZX disclosure rules after news broke in China about a new purchase in July last year.
![NZ share trading activity increasing](/pf/resources/images/placeholders/placeholder_l.png?d=795)
NZ share trading activity increasing
The level of activity on the NZX grew for an 18th month in February, though the value of transactions was lower than the same month last year.
![Mark Lister: When is a record high not a record high?](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Mark Lister: When is a record high not a record high?
If we look at the local market on a stock specific basis, we can spot a similar trend with some share prices are still well off their all-time highs, writes Mark Lister: