Dulux takes $15.2m hit in IRD tax dispute
Dulux took a $15.2m provision to settle its tax dispute with the IRD over subsidiary Alesco NZ's use of optional convertible notes.
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Carter Holt float could raise billion
New Zealand's richest man, Graeme Hart, is understood to be planning to float most of Carter Holt Harvey in what could be the biggest IPO this year.
Stock Takes: Fonterra sales slump hard to swallow
Fonterra's half-year result was a disappointment for farmers and investors in the co-operative's listed shareholders' fund.
Invivo raise a glass to $2m milestone
Invivo Wines has become the first company in New Zealand to raise the maximum amount allowed through an equity crowdfunding campaign.
Synlait shares fall on $6.4m loss
Synlait Milk's share price has tumbled after the Canterbury-based specialised milk powder manufacturer reported a $6.4 million net loss for the six months to January.
Fonterra move hits prices
NZX dairy futures drop sharply in response to co-op’s plan to put more product up for auction.
Panasonic forcasts price jump
Panasonic's shares jumped after the company forecast profit will climb 23 per cent next fiscal year to the highest since 2008 on demand for housing and car information and entertainment systems.
Stock Takes: Pumpkin Patch stock comes off the boil
Pumpkin Patch shares came off the boil yesterday, ending a three-day rally that had been prompted by the struggling retailer's flagging of the potential for a takeover.
Pumpkin Patch takeover talk
Shares in children’s clothing retailer soar after ‘third parties’ show an interest.
AMP adds Salt to funds mix
Auckland-based Salt Funds Management has been appointed as the external manager of AMP Capital's $690 million active New Zealand equities portfolios.
Invivo halfway to its $2m target
Fast-growing wine company Invivo Wines raised more than $1 million in the space of a few hours after its equity crowdfunding campaign opened yesterday.
Christopher Adams: Low-profile listings may prove solid rather than showy
Could 2015 go down in history as the year of the boring sharemarket listings?
Plenty of fight left in bull market
It's the question asked by every stock watcher - how much longer can the sharemarket keep pushing higher?
CEO bonuses no guarantee of growth
Paying chief executives big performance bonuses worth millions of dollars doesn't necessarily result in gains for shareholders, according to new research.
Bryers banned from business for 7 years
Former Blue Chip boss Mark Bryers has been released from bankruptcy by the High Court but is banned from managing a business in this country for the next seven years.
Stock Takes: Brokers invited to join the crowd
New Zealand's latest equity crowdfunding campaign is being pitched to sharebrokers, suggesting the big end of town might have a role to play in the new capital-raising route for small, fast-growing....
Bryers needs to get back on feet
Mark Bryers is running out of time to get back on his feet, his lawyer told a High Court hearing seeking to discharge the former boss of Blue Chip.
Cash injection will buy time for Xero
A$147 million capital injection from North American investors will buy Xero some breathing room as it forges on with international growth ahead of a potential sharemarket float in the United States, says an analyst.
Sharemarket floats tipped to rise this year
A partner with a top law firm says up to 20 sharemarket floats could take place this year.
Xero's price jumps amid speculation
Shares in Xero have jumped 24 per cent in the past week, amid speculation a large seller has left the market.
Medibank Private leans hard on providers
The newly privatised Australian firm Medibank Private has started flexing its muscles, leaning on hospital providers to lower their charges in a tough market for insurers.
Delegat operating profit rises
Delegat Group, New Zealand's largest listed wine company, said first-half operating profit rose 1 per cent and it was on track to meet guidance for full-year case sales and earnings.