
Chows' holding diluted to comply
Property developers John and Michael Chow have reduced their holding in Chow Group as part of their efforts to meet NZX listing requirements.
Property developers John and Michael Chow have reduced their holding in Chow Group as part of their efforts to meet NZX listing requirements.
New Zealand shares rose, following international markets, with ANZ Banking Group, Genesis Energy and SkyCity Entertainment Group leading the index.
Auckland Airport hit an impressive milestone this week as its market capitalisation sailed across the $8 billion mark for the first time.
Adult entertainment and property investors strike deal for troubled builders.
This week marks the seven-year anniversary of this bull market. In March 2009, the S&P500 share market index in the US bottomed at a closing level of 677 points.
The Serious Fraud Office has ended its three-year contract with Wynyard a year early because the software could not deal with some of its accounting documents.
Wynyard Group has signed a $3.3 million contract with a consulting and risk management firm as it finalises rights offer.
Major shareholders will effectively get a further 4 per cent discount for committing to the $30 million rights offer.
Our sharemarket's biggest company, Auckland Airport, is proving somewhat of a conundrum to analysts, investors and fund managers.
Wynyard Group says a planned share placement is no longer viable and is considering other capital raising options including a rights offer.
Shareholders are being told to vote against a takeover bid for the technology company.
Businessman Peter Huljich and entities linked to him are set for a $26 million pay out if the Diligent Board Member Services takeover goes ahead.
Nuplex has been in secret talks with one of its rivals and says it has received a good offer.
Australasian infant formula stocks have proved a pretty good bet lately.
Veritas Investments shares plunged 42 per cent after the food and beverage investor downgraded its outlook for earnings and nixed a first-half dividend.
A Bank of America survey reveals the iPhone remains China's most popular phone brand.
A new year, and it appears Just Water International boss Tony Falkenstein isn't looking to back down from being a thorn in the side of sharemarket operator NZX.
While stock plunges in countries like the US can pose major economic challenges because of the impact on household wealth, that's less been the case in China.
New Zealand shares fell for a fourth day as fears over China's economy cloud global markets.
What Wall Street has taken to calling the FANG stocks - Facebook, Amazon.com, Netflix and Google - had an amazing year, with gains ranging from 34 to 178 per cent.
New Zealand shares rose to a record as A2 Milk Co continued its strong rally, with Westpac Banking Corp, Meridian Energy and Sky Network Television all advancing on light trading.
Tony Falkenstein, chairman of Just Water responds to Tim Bennett's article: 'NZ's chance to grasp lost opportunity'.
Fund managers say the poor performance of many recent sharemarket floats has impacted investor appetite for new listings.
Just Water International and Coats have revived the controversy regarding the delisting of NZX companies, which was covered in the October 24 column.
OPINION: The savings you can make shopping around for insurance are certainly worth the hassle, writes Mary Holm.
Back in August, it would have been difficult to imagine the S&P/NZX 50 notching up yet another year of double-digit returns.