The newly floated state owned power company Mighty River has announced a $50m share buyback plan - less than six months after it was partially privatised.

A call by Abano Healthcare for former director Peter Hutson to come up with a price for his half of their jointly owned audiology business has failed to illicit a public response.

Activist investor Carl Icahn is pressuring Apple to spend $150b buying back its own shares.

A report into the oil and gas sector says the "rubber's finally hitting the road" with $2.2 billion about to be spent exploring around New Zealand.

The price retail investors can expect to pay for Meridian Energy shares will be revealed today when its prospectus is officially lodged with the Financial Markets Authority.

The New Zealand sharemarket rallied by more than 1 per cent yesterday after US Federal Reserve chairman Ben Bernanke said he would maintain the country's stimulus programme.

The Government's decision to move earlier than signalled on the Meridian Energy float shows there is positive interest in the float but pricing will remain key

Investment specialists said yesterday the deals could involve business people with a long and stable track record in development activity with strong entrepreneurial drive.

The New Zealand dollar remains the 10th most traded currency on the world's foreign exchange markets, according to a triennial survey by the Bank for International Settlements.

The Shareholders Association will next month vote against the reappointment of Rakon chairman Bryan Mogridge and director Darren Robinson...

Mighty River shares are up nearly 2 per cent this morning after a good profit announcement.

New Zealand Oil & Gas says it should have been developing new oil fields by now as reserves at its producing assets dwindle.

The Government has opened up much of the volcanic plateau for gold and silver prospecting, including one of the largest tracts of native forest left in the North Island.

Shares in Mighty River Power traded at $2.18 this morning, their lowest point since listing on May 10.

NZ Oil & Gas says it's satisfied it "did the right thing" following the disaster at its subsidiary Pike River Coal, as it posts an after-tax profit of $16.7m.