Shares stories - Page 6
Trade Me takes 15% stake in HarMoney for $7.7 million
Mon, 12th Jan 2015
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nz
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trade me
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shares
Trade Me invests $7.7m for a 15% stake in HarMoney, New Zealand's sole licensed P2P lender, aiming to reshape the country's consumer finance.
MARKET CLOSE: NZ shares fall led by Steel & Tube, NZOG as oil weakens; Spark, MRP gain
Tue, 6th Jan 2015
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wall street
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shares
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nz
New Zealand shares fell, led by Steel & Tube Holdings, New Zealand Oil and Gas and Fletcher Building, joining a global sell off in equities in the.
MARKET CLOSE: NZ shares rise in thin trading, led by Xero; Infratil falls
Mon, 29th Dec 2014
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fintech
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financial systems
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accounting systems
New Zealand shares rose to a record close in light holiday trading, led by companies that have been sold off in recent months, including Xero and N.
Qantas squeezes more revenue on trans-Tasman route in busier market
Mon, 29th Dec 2014
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air new zealand
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shares
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nz
Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.
MARKET CLOSE: NZ shares rise in pre-Xmas trading; Kathmandu snaps declines; POT at record
Wed, 24th Dec 2014
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nzx
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shares
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nz
NZ shares see a slight pre-Xmas rise, Kathmandu rebounds from losses, while Port of Tauranga hits a record high.
Sealegs fined $8,000 by NZX over shortfall of independent directors
Wed, 24th Dec 2014
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shares
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sealegs corp
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auckland
Sealegs Corp, the amphibious vehicle maker, has been fined $8,000 and publicly censured by the New Zealand Markets Disciplinary Tribunal after fail.
Augusta buys $58.5 mln retail property for syndication
Wed, 24th Dec 2014
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physical security
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shares
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augusta capital
Augusta Capital, the listed property investor and fund manager, has bought the Southgate Centre retail site in Auckland's Takanini, which it plans.
NZ Refining signs platinum sale and lease back deal with Bank of Nova Scotia
Tue, 23rd Dec 2014
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shares
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marsden point
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industrial
New Zealand Refining, which operates the Marsden Point refinery, has entered into a sale and lease back agreement for industrial platinum with Bank.
Kathmandu warns of slow Christmas trading in Australia, shares fall
Mon, 22nd Dec 2014
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shares
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new zealand dollar
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nz
Kathamandu Holdings, the outdoor equipment retailer, has reported a slowdown in sales growth after a subdued start to Christmas shopping in its Aus.
PGG Wrightson reaffirms 2015 earnings growth, signs of weak dairy weighing on market
Mon, 22nd Dec 2014
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christchurch
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shares
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pgg wrightson
PGG Wrightson, the rural services firm controlled by China's Agria Corp, has affirmed expectations for earnings growth in 2015 but is seeing 'signs.
GPG gets warning notice over Coats pension scheme
Mon, 22nd Dec 2014
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shares
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guinness peat group
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shareholders
Guinness Peat Group has received a warning notice over its Coats Pension Plan from the UK Pensions Regulator over the level of support for the supe.
Stuart McLean moves to Trade Me as Xero ditches chief revenue role
Sat, 20th Dec 2014
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fintech
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financial systems
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nz
Stuart McLean will join the executive team at Trade Me Group, the online auction site, after Xero, the cloud-based accounting firm, ditched his for.
Auckland convention centre cost jumps by a fifth
Fri, 19th Dec 2014
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shares
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skycity
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government
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.
RESEND: MARKET CLOSE: NZ shares rise; Spark, Argosy gain on yield hunger
Wed, 17th Dec 2014
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nz
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nzx
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chorus
New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets.
Chorus credit rating outlook upgraded to 'stable'
Wed, 17th Dec 2014
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uc
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outlook
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commerce commission
Chorus, the telecommunications network operator, has been given some breathing room from Moody's Investors Service, which has upgraded the outlook.
ACCC appeals Air NZ, PT Garuda win in Australian cartel case
Wed, 17th Dec 2014
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lawsuit
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accc
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air new zealand
The Australian Competition and Consumer Commission is appealing am Australian Federal Court ruling clearing carriers Air New Zealand and PT Garuda.
Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans
Tue, 16th Dec 2014
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financing
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shares
Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on.
Tower talks down impact of Supreme Court valuation ruling
Tue, 16th Dec 2014
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shares
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investment
Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
Cooks Foods widens 1H loss, as it buys Canadian franchise, chases ME, China sales
Mon, 15th Dec 2014
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shares
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growth
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saudi arabia
Cooks Global Foods widened its first-half loss after buying the Canadian franchise rights to Esquires Coffee Houses, completing its ownership of th.
Precinct sets interest rate on $75M of bonds at 5.54%
Fri, 12th Dec 2014
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shares
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auckland
Precinct Properties New Zealand, which has increasingly been focusing on Auckland office space, has set the interest rate for its $75 million bond.