An international investor has become a shareholder in Auckland-based fund manager Castle Point Funds.

Kathmandu lost more than a quarter of its market value yesterday after investors punished the outdoor retailer for poor Christmas and New Year trading that will result in a first-half loss.

Kathmandu's stock slumped 19 per cent to a two-and-a-half year low after the outdoor goods retailer said Christmas and January trading lagged behind expectations.

Retail veteran Rod Duke is staying silent on market speculation that he might try to take control of struggling childswear retailer Pumpkin Patch.

Accounting software firm Xero has introduced a new combined payroll and accounting software platform to help increase growth in the US.

Robust investor interest meant peer-to-peer lending platform Harmoney could have easily tripled the size of its $10m capital raising, says chief executive Neil Roberts.

Kathmandu's shares have slipped to a near two-year low as the outdoor retailer blames low consumer confidence for a subdued start to Christmas trading in its Australian market.

Aversion to the iPhone maker is turning out to be one of the worst blunders in 2014 for money managers.

Rubicon, the forestry company spun out of Fletcher Challenge, has reiterated plans for an initial public offer for ArborGen, the biotech forestry company of which it holds a third.

Shares in childcare roll-up Evolve Education Group have made their NZX debut at a 7 per cent premium to the $1 issue price.

Blue Sky Meats, whose shares trade on the Unlisted platform, has agreed to acquire Gore-based Clover Export.

Mighty River chair Joan Withers has become the first ever female recipient of the Shareholders Association's Beacon Award.

NZ cinema software company, Vista has finished rolling out 230 cinema sites across China in just six weeks.

Leverage in trading is a good tool for those who use it properly. It is even better than good, it can be great.

The Financial Markets Authority's consultation paper on corporate governance is timely.